Komori
Takasago Thermal Engineering (1969) · PolicyAdvanced

Stable dividends based on a 2% DOE

First written in FY2016. 13 of 31 entries say "Restated". Latest entry: 2026-08-05.

31entries
11years
5from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2018-Q3RestatedFY2019-Q1 – FY2020-Q3AdvancedFY2024-Q1 – FY2026-H12016: 120162017: 320172018: 320182019: 220192020: 420202021: 320212022: 320222023: 320232024: 220242025: 220252026: 52026
Same theme, other companies
Dividend policy based on consolidated dividend-on-equity ratio and payout ratio criteriaA theme 317 companies write about · 0 as a headwind · 328 as a tailwind

30 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 196 companies compared. The sentences above are computed from all 196.Comparing 200 of the theme's 330 threads.
Full recordFilings, disclosures and news, newest first
  2. FY2026-H1AdvancedAnnual report

    「18 June 2025 Annual General Meeting of Shareholders Common shares ¥6,899 million ¥102.00 per share 31 March 2025 19 June 2025 Retained earnings」

    Under the progressive dividend policy, the company paid ¥102 per share, for a total of ¥6,899 million, as the year-end dividend for the fiscal year ended March 2025.
  3. FY2025AdvancedAnnual report

    「For the year-end dividend for the current consolidated fiscal year, we plan to pay ¥102 per common share. As we have paid an interim dividend of ¥65 per share, the annual dividend will be ¥167 per share. In addition, for the following fiscal year, we plan to pay an annual dividend of ¥173 per common share, comprising an interim dividend of ¥86 and a year-end dividend of ¥87.」

    Under the progressive dividend policy, the annual dividend increased from ¥129 in the previous fiscal year to ¥167, and an annual dividend of ¥173 is planned for the following fiscal year.
  4. FY2025-H1AdvancedAnnual report

    「19 June 2024 Annual General Meeting of Shareholders Common shares ¥6,120 million ¥91.00 per share 31 March 2024 20 June 2024 Retained earnings 14 November 2024 Board of Directors Common shares ¥4,388 million ¥65.00 per share 30 September 2024 10 December 2024 Retained earnings」

    Under the progressive dividend policy, the company paid a year-end dividend of ¥91 for the fiscal year ended March 2024 and resolved to pay an interim dividend of ¥65 with a record date of 30 September 2024.
  5. FY2024AdvancedAnnual report

    「For the year-end dividend for the current consolidated fiscal year, we plan to pay ¥81 per common share, plus a commemorative dividend of ¥10 per share to mark the 100th anniversary of our founding. As we have paid an interim dividend of ¥38 per share, the annual dividend will be ¥129 per share. For the following fiscal year, we plan to pay an annual dividend of ¥130 per common share, comprising an interim dividend of ¥65 and a year-end dividend of ¥65.」

    Under the progressive dividend policy, the annual dividend will be ¥129, including the ¥10 commemorative dividend marking the 100th anniversary of the company’s founding. An annual dividend of ¥130 is planned for the following fiscal year.
  6. FY2024-Q2AdvancedAnnual report

    「14 November 2023 Board of Directors Common shares ¥2,555 million ¥38.00 per share 30 September 2023 8 December 2023 Retained earnings」

    The company resolved to pay an interim dividend of ¥38 per share, for a total of ¥2,555 million, with a record date of 30 September 2023. This was an increase from ¥30 per share in the same period of the previous year.
  7. FY2024-Q1AdvancedAnnual report

    「23 June 2023 Annual General Meeting of Shareholders Common shares ¥2,219 million ¥33.00 per share 31 March 2023 26 June 2023 Retained earnings」

    For the year-end dividend for the fiscal year ended March 2023, the company paid ¥33 per share, for a total of ¥2,219 million. This was an increase from ¥31 per share in the previous year.
  8. FY2023ReframedAnnual report

    「Our shareholder returns policy is to make dividends the basis of returns and implement progressive dividends in line with sustainable profit growth, targeting a payout ratio of 40%. Share repurchases will be carried out flexibly, taking into account business performance, growth investment opportunities, capital efficiency and other factors, with a view to enhancing shareholder value over the medium to long term.」

    The company has reorganized its dividend policy from its previous policy of avoiding dividend reductions and increasing dividends in line with profit growth to progressive dividends targeting a 40% payout ratio, together with flexible share repurchases taking specified conditions into account.
  9. FY2023-Q2AdvancedAnnual report

    「11 November 2022 Board of Directors Common shares ¥2,017 million ¥30.00 per share 30 September 2022 9 December 2022 Retained earnings」

    The company resolved to pay an interim dividend of ¥30 per share, for a total of ¥2,017 million, with a record date of 30 September 2022. This was an increase from ¥29 per share in the same period of the previous year.
  10. FY2023-Q1AdvancedAnnual report

    「21 June 2022 Annual General Meeting of Shareholders Common shares ¥2,084 million ¥31.00 per share 31 March 2022 22 June 2022 Retained earnings」

    For the year-end dividend for the fiscal year ended March 2022, the company paid ¥31 per share, for a total of ¥2,084 million. This was an increase from ¥28 per share in the same period of the previous year, and the company disclosed the implementation of its policy of increasing dividends in line with profit growth without reducing them.
  11. FY2022RestatedAnnual report

    「Our policy is to make dividends the basis of shareholder returns, not reduce dividends, and increase them in line with profit growth.」

    The company continues its policy of increasing dividends in line with profit growth without reducing them. The annual dividend for the current fiscal year is ¥60, and an annual dividend of ¥60 is also planned for the following fiscal year.
  12. FY2022-Q2RestatedAnnual report

    「12 November 2021 Board of Directors Common shares ¥2,019 million ¥29.00 per share 30 September 2021 10 December 2021 Retained earnings」

    The company resolved to pay an interim dividend of ¥29 per share, for a total of ¥2,019 million, with a record date of 30 September 2021. It disclosed the implementation of its policy of increasing dividends in line with profit growth without reducing them.
  13. FY2021RaisedAnnual report

    「To further enhance returns to shareholders, beginning with the interim and year-end dividends for the fiscal year ending March 2022, our policy will be to make dividends the basis of shareholder returns and, during the period covered by the current medium-term management plan, “iNovate on 2023 go beyond!” (1 April 2020 to 31 March 2024), not to reduce dividends and to increase them in line with profit growth.」

    The company has changed from its previous policy of avoiding dividend reductions and increasing dividends in line with profit growth to a policy of not reducing dividends from April 2020 through March 2024 and increasing them in line with profit growth.
  14. FY2021-Q3RestatedAnnual report

    「13 November 2020 Board of Directors Common shares ¥1,966 million ¥28.00 per share 30 September 2020 10 December 2020 Retained earnings」

    The company paid an interim dividend of ¥28 per share, for a total of ¥1,966 million, and continues to return profits based on the revised dividend policy.
  15. FY2021-Q2RestatedAnnual report

    「13 November 2020 Board of Directors Common shares ¥1,966 million ¥28.00 per share 30 September 2020 10 December 2020 Retained earnings」

    As an interim dividend with a record date of 30 September 2020, the company resolved to pay ¥28 per share, for a total of ¥1,966 million.
  16. FY2021-Q1RestatedAnnual report

    「29 June 2020 Annual General Meeting of Shareholders Common shares ¥2,106 million Dividend per share ¥30.00 Record date 31 March 2020 Effective date 30 June 2020 Retained earnings」

    For the year-end dividend for the fiscal year ended March 2020, the company paid ¥30 per share, for a total of ¥2,106 million.
  17. FY2020SoftenedAnnual report

    「In addition, due to the impact of the spread of COVID-19, we have left our earnings forecast for the fiscal year ending March 2021 undecided. Accordingly, our dividend for the following fiscal year is also undecided at this time.」

    While maintaining the policy itself of a 30% consolidated payout ratio and a 2% DOE floor, the company left the dividend for the following fiscal year undecided due to the spread of the infection.
  18. FY2020-Q3RestatedAnnual report

    「8 November 2019 Board of Directors Common shares ¥1,869 million ¥26.00 per share 30 September 2019 10 December 2019 Retained earnings」

    The company paid an interim dividend of ¥26 per share, for a total of ¥1,869 million, and continues to return profits based on the revised dividend policy.
  19. FY2020-Q1RestatedAnnual report

    「26 June 2019 Annual General Meeting of Shareholders Common shares ¥1,955 million ¥27.00 per share 31 March 2019 27 June 2019 Retained earnings」

    For the year-end dividend for the fiscal year ended March 2019, the company paid ¥27 per share, for a total of ¥1,955 million.
  20. FY2019-Q3RestatedAnnual report

    「8 November 2018 Board of Directors Common shares ¥1,847 million ¥25.00 per share 30 September 2018 10 December 2018 Retained earnings」

    As an interim dividend with a record date of 30 September 2018, the company paid ¥25 per share, for a total of ¥1,847 million.
  21. FY2019-Q1RestatedAnnual report

    「26 June 2018 Annual General Meeting of Shareholders Common shares ¥2,585 million ¥35.00 per share 31 March 2018 27 June 2018 Retained earnings」

    For the year-end dividend for the fiscal year ended March 2018, the company paid ¥35 per share, for a total of ¥2,585 million.
  22. FY2018ReframedAnnual report

    「We have decided to change our dividend policy to pay dividends based on a consolidated payout ratio of 30%, with a consolidated dividend on equity (DOE) of 2% as the floor.」

    The company has changed from its previous policy based on a 2% DOE to a combined dividend policy based on a 30% consolidated payout ratio, with a 2% DOE as the floor.
  23. FY2018-Q3RestatedAnnual report

    「13 November 2017 Board of Directors Common shares ¥1,108 million Dividend per share ¥15.00 Record date 30 September 2017 Effective date 8 December 2017 Retained earnings」

    The company paid an interim dividend of ¥15 per share and disclosed the implementation of its stable dividend policy.
  24. FY2018-Q2RestatedAnnual report

    「13 November 2017 Board of Directors Common shares ¥1,108 million Dividend per share ¥15.00 Record date 30 September 2017 Effective date 8 December 2017 Retained earnings」

    The company resolved to pay an interim dividend of ¥15 per share and disclosed the implementation of its stable dividend policy.
  25. FY2018-Q1RestatedAnnual report

    「27 June 2017 Annual General Meeting of Shareholders Common shares ¥1,623 million Dividend per share ¥22.00 Record date 31 March 2017 Effective date 28 June 2017 Retained earnings」

    During the cumulative period through the first quarter, a dividend of ¥22 per share was paid.
  26. FY2017-Q3RestatedAnnual report

    「28 June 2016 Annual General Meeting of Shareholders Common shares 1,143 ¥ million ¥15.50 per share 31 March 2016 29 June 2016 Retained earnings 10 November 2016 Board of Directors Common shares 1,033 ¥ million ¥14.00 per share 30 September 2016 8 December 2016 Retained earnings」

    During the cumulative period through the third quarter, dividends of ¥15.50 and ¥14.00 per share were paid.
  27. FY2016First statedAnnual report

    「We regard returning profits to shareholders as one of our most important management priorities. Our basic policy is to pay stable dividends while improving profitability and capital efficiency, and we pay dividends based on a 2% dividend on equity (DOE) on a consolidated net assets basis.」

    The basic policy is to pay stable dividends, with a 2% DOE as the basis for dividends.
Moved together

"Risk of unprofitable construction projects and additional costs" moved the same way as this thread, in the same document, in 11 of its 31 moves.

1187766★123456
  1. ★This thread
  2. 1Risk of unprofitable construction projects and additional costs11×
  3. 2Securing stable earnings and strengthening earning power8×
  4. 3Deepening Existing Global Markets and Expanding into New Markets7×
  5. 4Risk of market price fluctuations and impairment of securities held7×
  6. 5Declining revenue and shift to an operating loss in the equipment manufacturing and sales business6×
  7. 6Disaggregated Disclosure of Revenue from Contracts with Customers by Type and Region6×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Takasago Thermal Engineering yet. It last moved in the Earnings presentation of 2026-08-05: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Stable dividends based on a 2% DOE | Takasago Thermal Engineering Co.,Ltd. (1969) | Komori