Balancing Stable Dividends with Retained Earnings and Performance-Linked Returns
First written in FY2016. 18 of 31 entries say "Restated". Latest entry: FY2026.
46 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「The Company will pursue progressive dividends and a consolidated dividend payout ratio of at least 60%. Based on this policy, the Company resolved to pay a year-end dividend of ¥50 per share for the current fiscal year. Combined with the interim dividend of ¥35, the annual dividend will be ¥85, an increase of ¥10 from the previous fiscal year.」
The target dividend payout ratio was raised from at least 50% to at least 60%. The annual dividend will be ¥85, and the planned dividend for the next fiscal year is ¥90. - FY2026-H1AdvancedAnnual report
「Board of Directors meeting held on 6 February 2026 Common shares 2,977 35 31 December 2025 27 February 2026」
The Company approved an interim dividend of ¥35 per share for which 31 December 2025 was the record date, an increase from the ¥30 per share paid in the previous interim consolidated fiscal period. - FY2025-H1AdvancedAnnual report
「9 August 2024 Board of Directors Common shares 3,916 45 30 June 2024 11 September 2024 7 February 2025 Board of Directors Common shares 2,612 30 31 December 2024 28 February 2025」
The Company paid a year-end dividend of ¥45 per share for the fiscal year ending June 2024 and approved an interim dividend of ¥30 per share for which 31 December 2024 was the record date. This represents the specific implementation of the progressive dividend policy and the target consolidated dividend payout ratio of at least 50% stated for FY2024. - FY2024RaisedAnnual report
「The Company recognizes the distribution of profits to shareholders as an important management issue. Its basic policy is to pay stable dividends, retain earnings to support the future growth of the Group and strengthen its financial position, and take performance into account when determining dividends. Under this policy, the Company pays dividends from surplus twice a year, consisting of an interim dividend and a year-end dividend. The Company will pursue progressive dividends and a consolidated dividend payout ratio of at least 50%.」
The policy for the consolidated dividend payout ratio changed from approximately 40%–50% to a target of at least 50%, and progressive dividends were expressly stated. The annual dividend for the current fiscal year is ¥65, and the planned dividend for the next fiscal year is ¥75. - FY2024-Q2AdvancedAnnual report
「Board of Directors meeting held on 9 February 2024 Common shares 1,737 20 31 December 2023 1 March 2024」
Under its policy of combining stable dividends, retained earnings and performance-linked dividends, the Company approved an interim dividend of ¥20 per share for which 31 December 2023 was the record date. - FY2023RaisedAnnual report
「The Company aims for a consolidated dividend payout ratio of approximately 40% to 50% and long-term, continuous dividend increases. Based on this policy, the Company resolved to pay a year-end dividend of ¥33 per share for the current fiscal year. Combined with the interim dividend of ¥17, the annual dividend will be ¥50, an increase of ¥5 from the previous fiscal year.」
The target consolidated dividend payout ratio was widened from approximately 40% to approximately 40%–50%, and the annual dividend was increased by ¥5 to ¥50. The annual dividend for the next fiscal year is expected to be ¥55. - FY2023-Q3RestatedAnnual report
「Board of Directors meeting held on 10 February 2023 Common shares 1,484 17 31 December 2022 3 March 2023」
Under its policy of combining stable dividends, retained earnings and performance-linked dividends, the Company paid an interim dividend of ¥17 per share for which 31 December 2022 was the record date. - FY2023-Q2RestatedAnnual report
「Board of Directors meeting held on 5 August 2022 Common shares 2,481 28 30 June 2022 9 September 2022」
There was no change to the policy of combining stable dividends, retained earnings and performance-linked dividends. The Company paid a year-end dividend of ¥28 per share for the fiscal year ending June 2022. - FY2023-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 5 August 2022, the Company resolved to pay dividends from surplus as follows. (a) Total dividends: ¥2,481 million (b) Dividend per share: ¥28.00」
Under its policy of combining stable dividends, retained earnings and performance-linked dividends, the Company paid a dividend of ¥28 per share for the fiscal year ending June 2022. - FY2022AdvancedAnnual report
「The Company aims for a consolidated dividend payout ratio of approximately 40% and long-term, continuous dividend increases. Based on this policy, the Company resolved to pay a year-end dividend of ¥28 per share for the current fiscal year. Combined with the interim dividend of ¥17, the annual dividend will be ¥45, an increase of ¥1 from the previous fiscal year.」
The Company maintained its target consolidated dividend payout ratio of approximately 40% and its policy of long-term, continuous dividend increases. The annual dividend increased from ¥44 in the previous fiscal year to ¥45. The annual dividend for the next fiscal year is expected to be ¥47. - FY2021RaisedAnnual report
「The Company aims for a consolidated dividend payout ratio of approximately 40% and long-term, continuous dividend increases. Based on this policy, the Company resolved to pay a year-end dividend of ¥27 per share for the current fiscal year, including a ¥2 commemorative dividend for the absorption-type merger. Combined with the interim dividend of ¥17, the annual dividend will be ¥44, an increase of ¥4 from the previous fiscal year.」
The policy of stable dividends, retained earnings and performance-linked dividends now expressly includes a target consolidated dividend payout ratio of approximately 40% and a policy of long-term, continuous dividend increases. The annual dividend for the current fiscal year increased by ¥4 to ¥44. - FY2021-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 10 February 2021, the Company resolved as follows regarding the interim dividend for the current fiscal year. (a) Total dividends: ¥729 million (b) Dividend per share: ¥17」
There was no change to the basic policy of combining stable dividends, retained earnings and performance-linked dividends. An interim dividend of ¥17 per share, totaling ¥729 million, was approved for the current fiscal year. - FY2021-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 7 August 2020, the Company resolved to pay dividends from surplus as follows. (a) Total dividends: ¥1,071 million (b) Dividend per share: ¥25.00」
There was no change to the basic policy of combining stable dividends, retained earnings and performance-linked dividends. A dividend of ¥25 per share, totaling ¥1,071 million, was paid for the fiscal year ending June 2020. - FY2020RestatedAnnual report
「The Company recognizes the distribution of profits to shareholders as an important management issue. Its basic policy is to pay stable dividends, retain earnings to support the future growth of the Group and strengthen its financial position, and take performance into account when determining dividends. Under this policy, the Company pays dividends from surplus twice a year, consisting of an interim dividend and a year-end dividend. For the current fiscal year, the Company resolved to pay an interim dividend of ¥15 per share and a year-end dividend of ¥25 per share.」
There was no change to the basic policy of combining stable dividends, retained earnings and performance-linked dividends. The Company approved an interim dividend of ¥15 and a year-end dividend of ¥25 for the current fiscal year. - FY2020-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 14 February 2020, the Company resolved as follows regarding the interim dividend for the current fiscal year. (a) Total dividends: ¥639 million (b) Dividend per share: ¥15」
There was no change to the basic policy of combining stable dividends, retained earnings and performance-linked dividends. An interim dividend totaling ¥639 million, or ¥15 per share, was approved for the current fiscal year. - FY2020-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 9 August 2019, the company resolved to pay a dividend from retained earnings as follows.」
There was no change to the basic policy of combining stable dividends, retained earnings and performance-linked dividends. A dividend of ¥40 per share, totaling ¥847 million, was paid for the fiscal year ending June 2019. - FY2019RestatedAnnual report
「The Company regards the distribution of profits to shareholders as an important management issue. Its basic policy is to pay stable dividends while retaining earnings to support the future development of the Group and strengthen its financial position, with dividends also reflecting business performance.」
The Company continued its dividend policy of combining stable dividends, retained earnings and performance-linked dividends, and approved an interim dividend of ¥30 and a year-end dividend of ¥40 for the current fiscal year. - FY2019-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 8 February 2019, the Company resolved as follows regarding the interim dividend for the current fiscal year. (a) Total dividends: ¥635 million (b) Dividend per share: ¥30」
There was no change to the basic policy of combining stable dividends, retained earnings and performance-linked dividends. The interim dividend for the current fiscal year was set at ¥30 per share, totaling ¥635 million. - FY2019-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 8 February 2019, the Company resolved as follows regarding the interim dividend for the current fiscal year. (a) Total dividends: ¥635 million (b) Dividend per share: ¥30」
There was no change to the basic policy on stable dividends and related matters. An interim dividend of ¥30 per share, totaling ¥635 million, was approved for the current fiscal year. - FY2019-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 10 August 2018, the Company resolved to pay dividends from surplus as follows.」
A dividend of ¥35 per share was paid for which 30 June 2018 was the record date, totaling ¥741 million. There was no change to the basic policy on stable dividends and related matters. - FY2018-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 9 February 2018, the Company resolved as follows regarding the interim dividend for the current fiscal year.」
An interim dividend of ¥20 per share, totaling ¥394 million, was paid for the current fiscal year. There was no change to the policy on stable dividends and related matters. - FY2018-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 9 February 2018, the Company resolved as follows regarding the interim dividend for the current fiscal year.」
There was no change to the policy on stable dividends and related matters. An interim dividend of ¥20 per share, totaling ¥394 million, was approved for the current fiscal year. - FY2018-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 10 August 2017, the company resolved to pay a dividend from retained earnings as follows.」
A dividend of ¥30 per share, totaling ¥582 million, was paid for which 30 June 2017 was the record date. - FY2017RestatedAnnual report
「The Company recognizes the distribution of profits to shareholders as an important management issue. Its basic policy is to pay stable dividends, retain earnings to support the future growth of the Group and strengthen its financial position, and take performance into account when determining dividends. Under this policy, the Company pays dividends from surplus twice a year, consisting of an interim dividend and a year-end dividend. For the current fiscal year, the Company resolved to pay an interim dividend of ¥15 per share and a year-end dividend of ¥30 per share.」
The Company reiterated its policy of combining stable dividends, retained earnings and performance-linked dividends, and approved an interim dividend of ¥15 and a year-end dividend of ¥30 for the current fiscal year. - FY2017-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 10 February 2017, the Company resolved as follows regarding the interim dividend for the current fiscal year.」
The interim dividend of ¥15 per share is restated. - FY2017-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 10 February 2017, the Company resolved as follows regarding the interim dividend for the current fiscal year.」
An interim dividend of ¥15 per share was approved and distributed as part of the profit allocation. - FY2016First statedAnnual report
「The Company regards the distribution of profits to shareholders as an important management issue. Its basic policy is to pay stable dividends while retaining earnings to support the future development of the Group and strengthen its financial position, with dividends also reflecting business performance.」
The policy is to prioritize stable dividends while retaining earnings for growth investment and strengthening the corporate base, with consideration also given to business performance.