Stable and Sustainable Returns of Profits
First written in FY2017. 3 of 8 entries say "Restated". Latest entry: 2026-04-14.
66 other companies' latest entry also says "Restated".
- FY2024RaisedAnnual report
「As a general rule, the Company will maintain the previous fiscal year's dividend as the minimum, maintain a payout ratio of at least 50%, and pay dividends twice a year. The total payout ratio is targeted at 65%.」
The policy specifies a payout ratio of at least 50% and a target total payout ratio of 65%, as well as considering additional returns when excess cash and cash equivalents are available. - FY2023-Q3RestatedAnnual report
「Regarding the interim dividend for the 26th fiscal year, from 1 March 2022 to 28 February 2023, the Board of Directors resolved at its meeting held on 13 October 2022 to pay an interim dividend as follows to shareholders listed in the shareholder register as of 31 August 2022.」
The Company has reiterated an interim dividend of ¥34 per share, totaling ¥1,956,133,000, with payments starting on 17 November 2022. - FY2022RaisedAnnual report
「The Company will continue to return profits to shareholders based on a payout ratio of at least 50%.」
The wording has changed from using a payout ratio of 50% as a guideline to adopting at least 50% as the basic policy. - FY2021RaisedAnnual report
「The Company has previously used a payout ratio of 30% as a guideline, but from the fiscal year ending February 2021, it will raise the guideline to 50% while taking the previous fiscal year's dividend into account.」
The guideline for the payout ratio has been raised from the previous 30% to 50%, making the shareholder return policy clearer and more proactive. - FY2019RestatedAnnual report
「After taking into account the business environment surrounding the Company, including securing the retained earnings necessary to strengthen its financial position and expand its business, the Company intends to set a certain target level for its payout ratio and provide stable and continuous returns to shareholders.」
The Company has reiterated its policy of providing stable and continuous returns based on a certain payout ratio while securing retained earnings and investment for business expansion. - FY2017First statedAnnual report
「The Company considers returning profits to shareholders one of its important management priorities. After taking into account the business environment surrounding the Company, including securing the retained earnings necessary to strengthen its financial position and expand its business, the Company intends to set a certain target level for its payout ratio and provide stable and continuous returns to shareholders.」
The dividend policy calls for stable and continuous returns based on a certain payout ratio while securing retained earnings and investment for business expansion.