Komori
Core (2359) · TargetRaisedLatest Dividends (2026-07-29): "Reframed"

Consolidated ROE of at least 10% and consolidated payout ratio of at least 30%

First written in FY2016. 5 of 16 entries say "Restated". Latest entry: 2026-07-29.

16entries
11years
3from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2016 – FY2017RestatedFY2023-Q1 – FY2024-Q1SoftenedFY20242016: 120162017: 120172018: 120182019: 120192020: 120202021: 220212022: 320222023: 120232024: 120242025: 020252026: 42026
Same theme, other companies
Capital Efficiency, Financial Strength and Shareholder Return Targets Based on Multiple Financial MetricsA theme 146 companies write about · 2 as a headwind · 164 as a tailwind

24 other companies' latest entry also says "Reframed".

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 146 companies compared. The sentences above are computed from all 146.
Full recordFilings, disclosures and news, newest first
  2. FY2026RaisedAnnual report

    「Target management indicators (Consolidated) Target Fiscal year ended March 2022 Fiscal year ended March 2023 Fiscal year ended March 2024 Fiscal year ending March 2025 Fiscal year ending March 2026 Return on equity (ROE) 15 or higher 12.5 13.7 14.1 12.6 14.7 Dividend payout ratio 30 30.7 29.0 31.5 35.2 29.9」

    The ROE target has been raised from the previous level of 10% or higher to 15% or higher. For the fiscal year ended March 2026, ROE was 14.7%, below the increased target, and the dividend payout ratio was 29.9%.
  3. 2026-04-28RestatedEarnings presentation

    「株主還元を重視し、持続的な成長と株主価値の向上を図る方針のもと、連結配当性向30％を目途とした利益配分を基本に、業績を踏まえた適正かつ安定的な配当を実施し、８期連続の増配を達成。」

    配当性向について「30％を目途」とする表現を維持し、利益配分方針を再確認している。
  4. FY2024SoftenedAnnual report

    「Based on this approach, we aim to maintain consolidated ROE at 10% or higher and to consistently achieve a consolidated dividend payout ratio of approximately 30% as part of our profit allocation.」

    While the ROE target of 10% or higher remains unchanged, the wording for the dividend payout ratio has changed from the previous “30% or higher” to “approximately 30%.” For the fiscal year ended March 2024, ROE was 14.1% and the dividend payout ratio was 31.5%.
  5. FY2024-Q1RestatedAnnual report

    「At a meeting of the Board of Directors held on 27 April 2023, a resolution was passed to pay a year-end dividend to shareholders recorded in the shareholder register as of 31 March 2023 as follows: ① Total dividends: ¥571.537 million ② Dividend per share: ¥40.00」

    In line with the policy of targeting a consolidated dividend payout ratio of 30% or higher, a total year-end dividend of ¥571.537 million, or ¥40 per share, was paid for the fiscal year ended March 2023.
  6. FY2023-Q2RestatedAnnual report

    「At a meeting of the Board of Directors held on 26 April 2022, a resolution was passed to pay a year-end dividend to shareholders recorded in the shareholder register as of 31 March 2022 as follows: ① Total dividends: ¥498.685 million ② Dividend per share: ¥35.00」

    A total year-end dividend of ¥498.685 million, or ¥35 per share, was paid for the fiscal year ended March 2022, confirming the implementation of the profit allocation policy targeting a dividend payout ratio of 30% or higher.
  7. FY2023-Q1RestatedAnnual report

    「At a meeting of the Board of Directors held on 26 April 2022, a resolution was passed to pay a year-end dividend to shareholders recorded in the shareholder register as of 31 March 2022 as follows: ① Total dividends: ¥498.685 million ② Dividend per share: ¥35.00」

    A year-end dividend of ¥35 per share was paid for the fiscal year ended March 2022, confirming the implementation of the profit allocation policy targeting a dividend payout ratio of 30% or higher.
  8. FY2022AchievedAnnual report

    「Return on equity (ROE) 10 or higher 10.3 12.8 11.0 12.2 12.5 Dividend payout ratio 30 or higher 30.5 28.4 32.6 29.9 30.7」

    For the fiscal year ended March 2022, ROE was 12.5% and the dividend payout ratio was 30.7%, achieving both targets of ROE of 10% or higher and a dividend payout ratio of 30% or higher.
  9. FY2022-Q2RestatedAnnual report

    「At a meeting of the Board of Directors held on 26 April 2021, a resolution was passed to pay a year-end dividend to shareholders recorded in the shareholder register as of 31 March 2021 as follows: ① Total dividends: ¥425.861 million ② Dividend per share: ¥30.00」

    A total year-end dividend of ¥425.861 million, or ¥30 per share, was paid for the fiscal year ended March 2021, confirming the implementation of the profit allocation policy targeting a dividend payout ratio of 30% or higher.
  10. FY2021ROE target achieved; dividend payout ratio target not achievedAnnual report

    「Operating margin 8 or higher 6.0 6.3 7.9 8.6 9.8 Return on equity (ROE) 10 or higher 9.8 10.3 12.8 11.0 12.2 Equity ratio 50 or higher 53.1 56.2 58.8 61.0 66.6 Dividend payout ratio 30 or higher 34.8 30.5 28.4 32.6 29.9」

    For the fiscal year ended March 2021, ROE was 12.2%, the equity ratio was 66.6% and the operating margin was 9.8%, exceeding the target levels, while the dividend payout ratio was 29.9%, below the target of 30% or higher.
  11. FY2020AchievedAnnual report

    「Based on this approach, we aim to maintain consolidated ROE at 10% or higher and to consistently achieve a consolidated dividend payout ratio of 30% or higher as part of our profit allocation.」

    For the fiscal year ended March 2020, consolidated ROE was 11.0% and the consolidated dividend payout ratio was 32.6%, achieving both targets of ROE of 10% or higher and a dividend payout ratio of 30% or higher.
  12. FY2019ROE target achieved; dividend payout ratio target not achievedAnnual report

    「Return on equity (ROE) 10 or higher 4.9 6.6 9.8 10.3 12.8 Dividend payout ratio 30 or higher 74.2 53.9 34.8 30.5 28.4」

    For the fiscal year ended March 2019, ROE was 12.8%, exceeding the target of 10% or higher, while the dividend payout ratio was 28.4%, below the target of 30% or higher.
  13. FY2018AchievedAnnual report

    「Return on equity (ROE) 10 or higher 10.3 Dividend payout ratio 30 or higher 30.5 Based on this approach, we aim to maintain consolidated ROE at 10% or higher and to consistently achieve a consolidated dividend payout ratio of 30% or higher as part of our profit allocation.」

    For the fiscal year ended March 2018, consolidated ROE was 10.3% and the dividend payout ratio was 30.5%, achieving both targets of ROE of 10% or higher and a dividend payout ratio of 30% or higher.
  14. FY2017ROE target not achieved; dividend payout ratio target achievedAnnual report

    「Target management indicators (consolidated) Target Return on equity (ROE) 10 or higher Fiscal year ended March 2017 9.8 Dividend payout ratio 30 or higher Fiscal year ended March 2017 34.8」

    Consolidated ROE was 9.8% against a target of 10% or higher, while the consolidated dividend payout ratio was 34.8% against a target of 30% or higher.
  15. FY2016First statedAnnual report

    「Based on this approach, we aim to maintain consolidated ROE at 10% or higher and to consistently achieve a consolidated dividend payout ratio of 30% or higher as part of our profit allocation.」

    The disclosure presents capital policy targets for ROE and the dividend payout ratio with specific minimum levels.
Moved together

"Expansion of New Solution Businesses, Including Media and GNSS" moved the same way as this thread, in the same document, in 5 of its 16 moves.

543333★123456
  1. ★This thread
  2. 1Expansion of New Solution Businesses, Including Media and GNSS5×
  3. 2Demonstration and Commercialization of High-Precision Positioning Technology Using Quasi-Zenith Satellites4×
  4. 3Nationwide rollout of solutions for government agencies and local authorities and provision of services to the healthcare sector3×
  5. 4Continuing Appropriate and Stable Profit Distributions3×
  6. 5Establishing a Business Foundation through Resource Optimization, Talent Development and Organizational Structure Redefinition3×
  7. 6Operating margin of 8% or higher and equity ratio of 50% or higher3×

★ 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
Core's next results are scheduled for 2026-10-28. Read the earnings preview It last moved in the Dividends of 2026-07-29: "Reframed".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Consolidated ROE of at least 10% and consolidated payout ratio of at least 30% | CORE CORPORATION (2359) | Komori