Stable, Ongoing Dividends and a Target Payout Ratio of 25%
First written in FY2016. 12 of 30 entries say "Restated". Latest entry: 2026-07-31.
55 other companies' latest entry also says "Raised".
- 2026-07-31RaisedEarnings
「Fiscal year ending March 2027 (forecast) 70.00 － 70.00 140.00」
The forecast annual dividend for the fiscal year ending March 2027 was raised to ¥140 from the ¥130 annual dividend for the fiscal year ended March 2026. - FY2026RaisedAnnual report
「From the next fiscal year onward, the company will continue to position the return of profits to shareholders as one of management's most important priorities. It will introduce DOE (dividend on equity attributable to owners of the parent) as an additional benchmark for profit allocation and pursue stable, continuous dividend growth based on a consolidated payout ratio of 50% or DOE of approximately 5%.」
In addition to the previous policy of a minimum dividend of ¥60 and a target total payout ratio of 50%, the company added a consolidated payout ratio of 50% or DOE of approximately 5% as a benchmark for profit allocation from the next fiscal year onward, explicitly indicating its aim of growing dividends. - FY2026-H1AdvancedAnnual report
「Based on a resolution passed at the board of directors meeting held on 15 May 2025, the company acquired 1,175,000 treasury shares and cancelled 1,175,000 treasury shares effective 2 June 2025.」
Following the acquisition of 1,175,000 treasury shares, the company cancelled those shares effective 2 June 2025. The results of the treasury share acquisition implemented under the shareholder return policy were thereby made concrete. - FY2025AdvancedAnnual report
「As part of these measures, the company acquired treasury shares totaling ¥3,842 million in May 2025, taking the current operating environment into account.」
As a specific measure under the policy targeting a total payout ratio of 50%, the company acquired 1,175,000 treasury shares for ¥3,842 million in May 2025. The annual dividend is expected to be ¥130 per share, and the total payout ratio is expected to be 127.7%. - FY2025-H1Resolved to pay an interim dividend of ¥65 per shareAnnual report
「At the board of directors meeting held on 31 October 2024, the company resolved the following matters concerning the interim dividend for the current fiscal year. … Total interim dividend……………………¥2,107 million … Dividend per share……………………………¥65.00」
Under the policy targeting a total payout ratio of 50% and a minimum dividend of ¥60 per share, the company resolved to pay an interim dividend of ¥65 per share, totaling ¥2,107 million. - FY2024AdvancedAnnual report
「For the current fiscal year, in line with the above policy and based on business performance and other factors, the company decided to pay an interim dividend of ¥60 and a year-end dividend of ¥70, both per share, after comprehensively considering returns to shareholders, the accumulation of retained earnings to strengthen its financial position and management base, and the investment required for reproduction and growth. As a result, the annual dividend for the current fiscal year was ¥130 per share, and the consolidated payout ratio, including the total payout ratio, was 49.7%.」
Under the policy of a minimum dividend of ¥60 and a target total payout ratio of 50%, the annual dividend increased from ¥120 in the previous fiscal year to ¥130, and the total payout ratio was 49.7%. - FY2024-Q3RestatedAnnual report
「At the board of directors meeting held on 31 October 2023, the company resolved the following matters concerning the interim dividend for the current fiscal year. … Total interim dividend……………………¥1,945 million … Dividend per share……………………………¥60.00」
The company reconfirmed that, under its stable and continuous dividend policy, it had resolved to pay and paid an interim dividend of ¥60 per share, totaling ¥1,945 million. - FY2024-Q2Resolved to pay an interim dividend of ¥60 per shareAnnual report
「At the board of directors meeting held on 31 October 2023, the company resolved the following matters concerning the interim dividend for the current fiscal year. … Total interim dividend……………………¥1,945 million … Dividend per share……………………………¥60.00」
Under its stable and continuous dividend policy, the company resolved to pay an interim dividend of ¥60 per share, totaling ¥1,945 million, with 30 September 2023 as the record date. - FY2023AdvancedAnnual report
「For the current fiscal year, in line with the above policy and based on business performance and other factors, the company decided to pay an interim dividend of ¥30 and a year-end dividend of ¥90, both per share, after comprehensively considering returns to shareholders, the accumulation of retained earnings to strengthen its financial position and management base, and the investment required for reproduction and growth. As a result, the annual dividend for the current fiscal year was ¥120 per share, and the consolidated payout ratio, including the total payout ratio, was 48.9%.」
Under the policy of a minimum dividend of ¥60 and a target total payout ratio of 50%, the company paid an annual dividend of ¥120, resulting in a total payout ratio of 48.9%. - FY2022ReframedAnnual report
「In addition, unless the consolidated payout ratio exceeds 100%, the company has set an annual dividend of ¥60 per share as the minimum dividend and has made shareholder returns targeting a total payout ratio of 50% by combining cash dividends with flexible capital policies, while comprehensively considering the operating environment on each occasion.」
In addition to the previous policy targeting a total payout ratio of 50%, the company explicitly stated that it would pay a minimum dividend of ¥60 per share unless the consolidated payout ratio exceeded 100%. The annual dividend for the current fiscal year was ¥60, and the total payout ratio was 53.1%. - FY2022-Q2Interim dividend approved at ¥30 per shareAnnual report
「At the board of directors meeting held on 29 October 2021, the company resolved the following matters concerning the interim dividend for the current fiscal year. … Total interim dividend……………………¥973 million … Dividend per share……………………………¥30.00」
Under its stable and continuous dividend policy, the company resolved to pay an interim dividend of ¥30 per share, totaling ¥973 million, with 30 September 2021 as the record date. - FY2021RestatedAnnual report
「With regard to dividends, the company has based its policy on stable and continuous payments, while also taking into consideration business expansion to support future growth and the strengthening of retained earnings to reinforce its financial position and management base. It has determined shareholder return measures on each occasion, taking the operating environment into account, with a target total payout ratio of 50% combining cash dividends with flexible capital policies.」
The company reconfirmed its annual policy of combining cash dividends with flexible capital policies, targeting a total payout ratio of 50%. The annual dividend was ¥50 per share, and the consolidated payout ratio was 46.5%. - FY2021-Q3RestatedAnnual report
「At the board of directors meeting held on 30 October 2020, the company resolved the following matters concerning the interim dividend for the current fiscal year.」
Under its stable and continuous dividend policy, the company resolved to pay and paid an interim dividend of ¥25 per share, totaling ¥642 million. - FY2020-Q3RestatedAnnual report
「At the board of directors meeting held on 31 October 2019, the company resolved the following matters concerning the interim dividend for the current fiscal year.」
Under its stable and continuous dividend policy, the company paid an interim dividend of ¥25 per share, totaling ¥642 million. - FY2020-Q2AdvancedAnnual report
「The company completed the treasury share acquisition based on the resolution passed at the board of directors meeting held on 14 May 2019 on 25 September 2019. As a result of this acquisition and other factors, treasury shares increased by ¥2,304 million during the first six months of the current consolidated fiscal period, reaching ¥5,215 million as of the end of the second quarter of the current consolidated fiscal period.」
The treasury share acquisition undertaken as a specific measure under the policy targeting a total payout ratio of 50% was completed on 25 September, with 1,000,000 shares acquired for ¥2,304 million. - FY2020-Q1AdvancedAnnual report
「Based on a resolution passed at the board of directors meeting held on 14 May 2019, the company has been acquiring treasury shares from 16 May 2019 through 23 December 2019, subject to a maximum of 1,000,000 shares or ¥3,000 million in total. As of the end of the first quarter of the current consolidated fiscal period, it had acquired 463,700 shares for ¥1,121 million.」
As a specific measure under the policy targeting a total payout ratio of 50%, the company began acquiring treasury shares and had acquired 463,700 shares for ¥1,121 million by the end of the quarter. - FY2019ReframedAnnual report
「In light of these considerations, the company has changed its policy on shareholder returns from one based on the conventional payout ratio to a target total payout ratio of 50%, combining cash dividends with share repurchases.」
The shareholder return policy was changed from a target payout ratio of 35% to a target total payout ratio of 50%, combining cash dividends with share repurchases. - FY2019-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 31 October 2018, the following resolution was passed regarding the interim dividend for the fiscal year.」
Under its stable and continuous dividend policy, the company resolved to pay an interim dividend of ¥55 per share, totaling ¥1,468 million. - FY2019-Q1RestatedAnnual report
「26 June 2018 Annual General Meeting of Shareholders Common shares 1,602 60.0 31 March 2018 27 June 2018 Retained earnings」
Under the policy of stable, ongoing dividends, a dividend of ¥60 per share, totaling ¥1,602 million, was paid for the fiscal year ending March 2018. - FY2018-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 31 October 2017, the following resolution was passed regarding the interim dividend for the fiscal year.」
An interim dividend of ¥50 per share, totaling ¥1,335 million, was approved under the policy of stable, ongoing dividends, and payment began on 1 December 2017. - FY2018-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 31 October 2017, the following resolution was passed regarding the interim dividend for the fiscal year.」
An interim dividend of ¥50 per share, totaling ¥1,335 million, was approved under the policy of stable, ongoing dividends. - FY2018-Q1RestatedAnnual report
「27 June 2017 Annual General Meeting of Shareholders Common shares ¥1,735 million Dividend per share ¥65.0 Record date 31 March 2017 Effective date 28 June 2017 Source of dividend Retained earnings」
A dividend of ¥65 per share, totaling ¥1,735 million, was paid from retained earnings. - FY2017RaisedAnnual report
「In determining the dividend, we will take into account business development aimed at future growth and the accumulation of retained earnings to strengthen our management platform, while targeting a payout ratio of 35% and considering the prevailing business environment each time.」
The target payout ratio was raised from the previous 25% to 35%. The actual payout ratio was 35.28%. - FY2017-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 31 October 2016, the following resolution was passed regarding the interim dividend for the fiscal year.」
An interim dividend of ¥7, totaling ¥934 million, was paid under the policy of stable, ongoing dividends. - FY2017-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 31 October 2016, the following resolution was passed regarding the interim dividend for the fiscal year.」
An interim dividend of ¥7 was approved under the policy of stable, ongoing dividends. - FY2016First statedAnnual report
「Our basic policy is to pay stable and ongoing dividends to shareholders. In determining the dividend, we will take into account business development aimed at future growth and the accumulation of retained earnings to strengthen our management platform, while targeting a payout ratio of 25% and considering the prevailing business environment each time. We will also work to pursue flexible capital policies to further enhance corporate value.」
The company maintains a basic policy of stable, ongoing dividends and will also take retained earnings and growth investment into account, targeting a payout ratio of 25%.