Stable Dividends and Shareholder Returns Targeting a 30% Payout Ratio
First written in FY2017. 11 of 26 entries say "Restated". Latest entry: FY2026.
32 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「For the fiscal year, the company paid ordinary dividends of ¥145 per share, comprising an interim dividend of ¥70 and a year-end dividend of ¥75, resulting in a DOE of 3.1% for annual ordinary dividends. It also paid a commemorative dividend of ¥175 per share, totaling approximately ¥10 billion, to mark the 10th anniversary of the management integration, comprising ¥85 at the end of the first quarter and ¥90 at the end of the third quarter. Total annual dividends per share for the fiscal year were therefore ¥320.」
Under its policy of a DOE of 3.0% or higher and progressive dividends, the company paid ordinary dividends of ¥145 and a ¥175 commemorative dividend marking the 10th anniversary of the integration, resulting in annual dividends of ¥320. It plans ordinary dividends of ¥155 per share for the fiscal year ending March 2027. - FY2026-H1AdvancedAnnual report
「22 May 2025 Board of Directors Common shares 4,255 75 31 March 2025 6 June 2025 Retained earnings 22 August 2025 Board of Directors Common shares 4,822 85 30 June 2025 5 September 2025 Retained earnings」
The company paid a ¥75 per-share year-end dividend for the fiscal year ending March 2025 and also paid a ¥85 per-share commemorative dividend related to the 10th anniversary of the management integration. It also resolved to pay a ¥70 per-share interim dividend with a record date of 30 September 2025. - FY2025RaisedAnnual report
「As the company reaches the 10th anniversary of its management integration in the fiscal year ending March 2026, it will pay a commemorative dividend of ¥175 per share, totaling approximately ¥10 billion, comprising ¥85 at the end of the first quarter and ¥90 at the end of the third quarter. Accordingly, total annual dividends per share for the fiscal year ending March 2026 are expected to be ¥320.」
In addition to ordinary dividends based on a DOE of 3.0% or higher and progressive dividends, the company plans to pay a commemorative dividend marking the 10th anniversary of the management integration, resulting in annual dividends of ¥320 per share for the fiscal year ending March 2026. - FY2025-H1AdvancedAnnual report
「24 May 2024 Board of Directors Common shares 7,089 125 31 March 2024 10 June 2024 Retained earnings 1 November 2024 Board of Directors Common shares 3,971 70 30 September 2024 2 December 2024 Retained earnings」
The company resolved to pay a ¥125 per-share year-end dividend for the fiscal year ending March 2024 and a ¥70 per-share interim dividend for the fiscal year ending March 2025, implementing shareholder returns after the share consolidation. - FY2024ReframedAnnual report
「The dividend policy under the plan is a DOE of 3.0% or higher and progressive dividends. For the fiscal year ending March 2025, the company plans to pay annual dividends of ¥145 per share, including an interim dividend of ¥70.」
Under Medium-Term Management Plan 2026, the company changed its shareholder return metric and policy from the previous 30% to 50% payout ratio targeting 40% to a DOE of 3.0% or higher and progressive dividends. It plans annual dividends of ¥145 per share for the fiscal year ending March 2025, including the interim dividend. - FY2024-Q1RestatedAnnual report
「The company states that it will steadily increase dividends while targeting a payout ratio of 40%.」
The company continues to pursue a policy of steadily increasing dividends while targeting a payout ratio of 40%. - FY2023AdvancedAnnual report
「For the year-end dividend for the fiscal year, the company paid ¥24 per share based on the above policy, full-year results and financial position. For the year-end dividend for the fiscal year ending March 2024, it expects to pay ¥25 per share, an increase of ¥1 from the fiscal year ending March 2023.」
Under its policy of a 30% to 50% payout ratio targeting 40%, the company increased the dividend per share from ¥23 to ¥24, with ¥25 expected for the next fiscal year. - FY2023-Q3RestatedAnnual report
「To maximize shareholder value through shareholder return measures that take into consideration financial soundness and capital efficiency, the company will steadily increase dividends within a payout ratio range of 30% to 50%, targeting 40%.」
The company continues to pursue a policy of steadily increasing dividends within a payout ratio range of 30% to 50%, targeting 40%. - FY2023-Q1RestatedAnnual report
「To maximize shareholder value through shareholder return measures that take into consideration financial soundness and capital efficiency, the company will steadily increase dividends within a payout ratio range of 30% to 50%, targeting 40%,」
The company continues to indicate a policy of steadily increasing dividends within a payout ratio range of 30% to 50%, targeting 40%. - FY2022AdvancedAnnual report
「The company plans to steadily increase dividends within a payout ratio range of 30% to 50%, targeting 40%. For the year-end dividend for the fiscal year, it paid ¥23 per share. For the year-end dividend for the fiscal year ending March 2023, it expects to pay ¥24 per share, an increase of ¥1 from the fiscal year ending March 2022.」
The company is implementing its policy of a 30% to 50% payout ratio targeting 40%, increasing the dividend per share from ¥21 to ¥23, with ¥24 expected for the next fiscal year. - FY2022-Q2AdvancedAnnual report
「20 May 2021 Board of Directors Common shares 6,147 21 31 March 2021 3 June 2021 Retained earnings」
The company paid total dividends of ¥6,147 million, or ¥21 per share, for the dividend with a record date of 31 March 2021, an increase from the previous ¥17 per-share dividend. - FY2022-Q1RaisedAnnual report
「The company has adopted shareholder return measures that take into consideration financial soundness and capital efficiency. To maximize shareholder value, its policy is to steadily increase dividends within a payout ratio range of 30% to 50%, targeting 40%.」
The company has raised its shareholder return target from the previous policy of targeting a 30% payout ratio to a policy of steadily increasing dividends within a payout ratio range of 30% to 50%, targeting 40%. In addition, the dividend for the fiscal year ending March 2021 was ¥21 per share. - FY2021-Q3RestatedAnnual report
「25 May 2020 Board of Directors Common shares 5,007 17 31 March 2020 9 June 2020 Retained earnings」
For the dividend with a record date of 31 March 2020, the company paid total dividends of ¥5,007 million, or ¥17 per share, and continued its stable dividend policy. - FY2021-Q2RestatedAnnual report
「Common shares 5,007 17 31 March 2020 9 June 2020 Retained earnings」
For the dividend with a record date of 31 March 2020, the company paid total dividends of ¥5,007 million, or ¥17 per share, and continued its stable dividend policy. - FY2021-Q1RestatedAnnual report
「Common shares 5,007 17 31 March 2020 9 June 2020 Retained earnings」
For the dividend with a record date of 31 March 2020, the company paid total dividends of ¥5,007 million, or ¥17 per share, and continued its stable dividend policy. - FY2020-Q2RestatedAnnual report
「Total dividends: ¥5,021 million; dividend per share: ¥17」
For the dividend with a record date of 31 March 2019, the company paid total dividends of ¥5,021 million, or ¥17 per share, and continued its stable dividend policy. - FY2020-Q1RestatedAnnual report
「① Total dividends: ¥5,021 million ② Per-share amount: ¥17.00 ③ Effective date of the dividend payment claim and payment commencement date: 5 June 2019」
For the dividend with a record date of 31 March 2019, the company paid total dividends of ¥5,021 million, or ¥17 per share, and continued its stable dividend policy. - FY2019SoftenedAnnual report
「The company regards returning profits to shareholders as an important management issue. Its basic dividend policy is to maintain stable dividends while taking into consideration consolidated results, financial position and future business development. Based on this policy, the company paid a year-end dividend of ¥17 per share for the fiscal year.」
While maintaining stable dividends and the track record of a ¥17 per-share dividend, the company does not restate in this annual securities report its previously stated target of a 30% payout ratio. The payout ratio for the fiscal year was 91.5%. - FY2019-Q3RestatedAnnual report
「Common shares; 5,023; 17; 31 March 2018; 6 June 2018; retained earnings」
The company restates that it paid total dividends of ¥5,023 million, or ¥17 per share, for the dividend with a record date of 31 March 2018. - FY2019-Q1RestatedAnnual report
「Total dividends: ¥5,023 million; dividend per share: ¥17」
For the dividend with a record date of 31 March 2018, the company paid total dividends of ¥5,023 million, or ¥17 per share. It has maintained the ¥17 per-share dividend, reaffirming its stable dividend policy. - FY2018RestatedAnnual report
「The company also states under Medium-Term Management Plan 2020, covering the five-year period from fiscal 2016, that it aims for a payout ratio of 30% as a shareholder return measure.」
The company continues to pursue a shareholder return target based on stable dividends and a target payout ratio of 30%. - FY2018-Q1AdvancedAnnual report
「Total dividends: ¥5,054 million; per-share amount: ¥17.00」
For the dividend with a record date of 31 March 2017, the company paid total dividends of ¥5,054 million, or ¥17 per share. - FY2017First statedAnnual report
「Under the Medium-Term Management Plan 2020, covering the five-year period from fiscal 2016, the company states that it aims for a payout ratio of 30% as a shareholder return measure.」
The company has adopted stable dividends as its basic policy and disclosed, for the first time, a shareholder return target of a 30% payout ratio during the five years of Medium-Term Management Plan 2020.