Performance-Backed Allocation of Earnings and Use of Retained Earnings
First written in FY2017. 5 of 7 entries say "Raised", first in FY2022. Latest entry: FY2026.
51 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「We consider the long-term, stable return of profits to shareholders an important management issue and have adopted a dividend policy targeting a DOE (dividend-on-equity ratio) of 3.8%.」
The DOE target under the dividend policy has been raised from 3% in the previous fiscal year to 3.8%. - FY2024RaisedAnnual report
「We consider the long-term, stable return of profits to shareholders an important management issue and have adopted a dividend policy targeting a DOE (dividend-on-equity ratio) of 3%.」
The dividend policy has been raised from the previous DOE target of 2% to a target of 3%. - FY2022RaisedAnnual report
「While pursuing business development aimed at the medium- to long-term growth of our group and strengthening our management base, we consider the long-term, stable return of profits to shareholders an important management issue and have adopted a dividend policy targeting a DOE (dividend-on-equity ratio) of 2%.」
In addition to its previous stable dividend policy, the company specifies a measurable dividend policy targeting a DOE of 2%. - FY2018ReframedAnnual report
「While pursuing business development aimed at the medium- to long-term growth of our group and strengthening our management base, we consider the long-term return of profits to shareholders an important management issue and have adopted the continued payment of stable dividends as our basic policy.」
The wording has changed from the previous policy of “performance-based allocation of results” to a policy centered on medium- to long-term growth, strengthening the management base and continuing stable dividends. - FY2017First statedAnnual report
「We consider the distribution of profits to shareholders our highest priority and intend to distribute results supported by business performance while securing a sound management base over the long term. We also intend to use retained earnings more efficiently to secure and improve earnings.」
The company states a profit allocation policy that prioritizes shareholder returns while using retained earnings to secure and improve earnings.