Average payout ratio of at least 23% during the medium-term management plan period
First written in FY2016. 5 of 23 entries say "Achieved", first in FY2022. Latest entry: FY2026.
0 other companies' latest entry also says "Achieved".
- FY2026AchievedAnnual report
「Financial indicators Medium-Term Management Plan 2025 Common targets for the plan period ROE At least 10.0% Equity ratio 40-50% D/E ratio No more than 0.5x PBR At least 1.0x Payout ratio At least 60% FY2025 Actual 15.1% 46.0% 0.43x 1.93x 60.2%」
Against the Medium-Term Management Plan 2025 annual payout ratio target of at least 60%, the FY2025 actual result was 60.2%, exceeding the target. - FY2026-H1¥50 per-share dividend and ¥40 interim dividend disclosedAnnual report
「At the Board of Directors meeting held on 11 November 2025, the company resolved to pay dividends from retained earnings as follows.」
For the fiscal year ended March 2025, the company paid ¥50 per share and decided to pay an interim dividend of ¥40 per share with 30 September 2025 as the record date. - FY2025RaisedAnnual report
「Our group has formulated the Medium-Term Management Plan 2025 (FY2025-FY2027), which begins in FY2025, and during the plan period we aim for an annual payout ratio of at least 60%.」
The payout ratio target was raised from the previous annual target of at least 40% to at least 60% annually under the Medium-Term Management Plan 2025. The FY2024 payout ratio was 46.2%. - FY2025-H1¥22 interim dividend approvedAnnual report
「7 November 2024 Board of Directors meeting (Note) Common stock 1,042 ¥22.0 30 September 2024 12 December 2024 Retained earnings」
The company decided to pay an interim dividend of ¥22 per share, with 30 September 2024 as the record date. - FY2024AdvancedAnnual report
「After comprehensively considering the shareholder return policy under the Medium-Term Management Plan 2022 and the increase in profit from the current period's results, we decided to pay a year-end dividend of ¥27 per share of common stock. Together with the interim dividend of ¥17 per share already paid, the annual dividend is ¥44 per share of common stock.」
Under the Medium-Term Management Plan 2022 policy of an annual payout ratio of at least 40%, the company paid an interim dividend of ¥17, a year-end dividend of ¥27 and an annual dividend of ¥44 for the fiscal year ended March 2024. The payout ratio is stated as 40.5%. - FY2024-Q2¥33 dividend for the fiscal year ended March 2023 and ¥17 interim dividend disclosedAnnual report
「Annual General Meeting of Shareholders held on 22 June 2023 (Note) Common stock 1,564 ¥33.0 31 March 2023 23 June 2023 Retained earnings. Board of Directors meeting held on 9 November 2023 (Note) Common stock 805 ¥17.0 30 September 2023 15 December 2023 Retained earnings.」
The company paid a dividend of ¥33 per share for the fiscal year ended March 2023 and also decided to pay an interim dividend of ¥17 per share with 30 September 2023 as the record date. - FY2023RaisedAnnual report
「During the plan period, we aim for an annual payout ratio of at least 40%.」
The payout ratio target was raised from 25%-30% under the previous Medium-Term Management Plan 2019 to at least 40% annually under the Medium-Term Management Plan 2022. The actual payout ratio for FY2022 was 40.5%. - FY2022AchievedAnnual report
「The dividend exceeded the plan figure, with a payout ratio of 30.8% for the fiscal year ended March 2022 and 27.1% on a three-year average.」
Against the Medium-Term Management Plan 2019 payout ratio target of 25%-30%, the three-year average was 27.1%, within the plan range. The company paid a dividend of ¥30 per share for the fiscal year ended March 2022. - FY2021¥26 per-share dividend paid; payout ratio fell short of targetAnnual report
「FY2020 Numerical target Payout ratio 25-30 / FY2020 Actual Payout ratio 21.6」
Against the Medium-Term Management Plan 2019 target payout ratio of 25%-30%, the FY2020 actual result was 21.6%. Separately, the company paid a year-end dividend of ¥26 per share, comprising a regular dividend of ¥20 and a special dividend of ¥6. - FY2021-Q1¥20 per-share dividend paid for the fiscal year ending March 2020Annual report
「Annual General Meeting of Shareholders held on 26 June 2020 (Note) Common stock 947 ¥20.0 31 March 2020 29 June 2020 Retained earnings」
For the fiscal year ended March 2020, the company paid ¥20 per share on 29 June 2020, for total dividends of ¥947 million. No simple comparison is made with the previous year's ¥32 per share because it included a ¥12 special dividend. - FY2020AdvancedAnnual report
「Orders received, operating income, operating margin, ordinary income, ordinary income margin, ROE, ROA and the D/E ratio all exceeded the numerical targets of the Medium-Term Management Plan.」
Against the Medium-Term Management Plan 2019 target payout ratio of 25%-30% for FY2019, the actual result was 29.0%, within the plan range. - FY2020-Q1AdvancedAnnual report
「The total dividend approved at the Annual General Meeting of Shareholders held on 19 June 2019 includes ¥18 million in dividends on the company's shares held by the officer remuneration BIP trust. 2. The per-share dividend includes a special dividend of ¥12.0.」
For the fiscal year ended March 2019, the company paid a dividend of ¥32 per share on 20 June 2019, of which ¥12 was a special dividend. Total dividends amounted to ¥1,516 million. - FY2019RaisedAnnual report
「During the plan period, we aim for a payout ratio of 25% to 30%.」
The target range was raised from the previous plan-period average of at least 23% to a payout ratio of 25%-30% for FY2019-FY2021. The company also explained that the three-year average under the previous plan was 22.4% and fell short even before adjusting for the tax effect. - FY2019-Q2AdvancedAnnual report
「Annual General Meeting of Shareholders held on 21 June 2018 (Note) Common stock ¥853 million ¥18.0 31 March 2018 22 June 2018 Retained earnings」
The company disclosed that it paid a dividend of ¥18 per share for the fiscal year ended March 2018. This filing does not itself assess whether the average payout ratio target of at least 23% for the Medium-Term Management Plan period was achieved. - FY2018Dividend increase and expected achievement of the final-year target disclosedAnnual report
「After taking into account the results for the current period and the stabilization of our financial position, we decided to increase the dividend on common stock by ¥6 per share from the previous consolidated fiscal year and pay a year-end dividend of ¥18 per share.」
The annual dividend was increased from ¥12 to ¥18 per share. Although the FY2017 payout ratio was 21.9%, below the plan-period average target of at least 23%, the company explained that the payout ratio assuming an ¥18 dividend in the final year was expected to be 30.1%, making achievement of the average target possible. - FY2018-Q2RaisedAnnual report
「The numerical targets for FY2018, the final year of the plan, were set at orders received of ¥114.0 billion, net sales of ¥113.0 billion, operating income of ¥3.8 billion, an operating margin of 3.4%, ordinary income of ¥3.7 billion, an ordinary income margin of 3.3%, ROE of 9.8%, ROA of 4.7%, a D/E ratio of 0.42x and a payout ratio of 26.7%.」
The FY2018 payout ratio target was raised from the previous 23.7% to 26.7%. - FY2017First-year results fell short of targetAnnual report
「During the plan period, we aim for an average payout ratio of at least 23%.」
The plan target was maintained, but the actual FY2016 payout ratio was 21.3%, 1.7 percentage points below the target average of at least 23%. - FY2016First statedAnnual report
「During the plan period, we aim for an average payout ratio of at least 23%.」
A numerical target for the payout ratio during the Medium-Term Management Plan period is presented.