Stable, Sustained Dividends and a Policy of Setting ¥5 per Share as the Minimum
First written in FY2016. 18 of 29 entries say "Restated". Latest entry: FY2026.
66 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Our basic policy is to maintain stable dividends. Annual dividends will be determined after comprehensively considering the payout ratio (approximately 30%), funding requirements, the strengthening of retained earnings, and other factors.」
The Company continues to pursue a stable dividend policy that takes into account a payout ratio of approximately 30%, and plans to pay an annual dividend of ¥32 for the fiscal year ending March 2026. - FY2026-H1RestatedAnnual report
「At a meeting of the Board of Directors held on 13 November 2025, the Company resolved to pay an interim dividend to shareholders recorded on the final shareholder register as of 30 September 2025, as follows: ① Total interim dividend: ¥5,853 million ② Interim dividend per share: ¥16」
The Company resolved to pay an interim dividend of ¥16 per share, unchanged from the same period of the previous year, under its policy of maintaining stable dividends while taking into account a payout ratio of approximately 30%. - FY2025RestatedAnnual report
「Our basic policy is to maintain stable dividends. Annual dividends will be determined after comprehensively considering the payout ratio (approximately 30%), funding requirements, the strengthening of retained earnings, and other factors.」
The Company continues to follow a stable dividend policy based on a target payout ratio of approximately 30%. It plans to pay an annual dividend of ¥32 for the fiscal year ended March 2025 and ¥32 for the fiscal year ending March 2026. - FY2024ReframedAnnual report
「The basic policy is stable dividends. The annual dividend will be determined after comprehensively considering the payout ratio, approximately 30%, funding needs, the strengthening of retained earnings and other factors. Share repurchases are positioned as a means of returning capital to shareholders that complements dividends. The company will consider repurchases as appropriate after comprehensively considering its financial position, funding needs, earnings performance and the environment surrounding the Group.」
The company shifted from its previous explanation of stable, consistent dividends with an annual floor of ¥5 per share to a shareholder return policy based on a payout ratio of approximately 30%, with share repurchases serving as a supplement to dividends. The annual dividend was ¥32 for the fiscal year ending March 2024 and is expected to be ¥32 for the fiscal year ending March 2025. - FY2024-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 13 November 2023, the company resolved to pay an interim dividend as follows to shareholders listed on the final shareholder register as of 30 September 2023. ① Total interim dividends: ¥5.873 billion ② Interim dividend per share: ¥16」
The company paid an interim dividend of ¥16 per share, reconfirming implementation of the policy of stable, consistent dividends with an annual floor of ¥5 per share. - FY2024-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 13 November 2023, the company resolved to pay an interim dividend as follows to shareholders listed on the final shareholder register as of 30 September 2023. ① Total interim dividends: ¥5.873 billion ② Interim dividend per share: ¥16」
Under the policy of stable, consistent dividends with an annual floor of ¥5 per share, the company resolved to pay an interim dividend of ¥16 per share. - FY2024-Q1RestatedAnnual report
「29 June 2023 Annual General Meeting of Shareholders Common shares 5,904 16.00 31 March 2023 30 June 2023 Retained earnings」
A year-end dividend of ¥16 per share was paid for the fiscal year ended March 2023, confirming implementation of the policy of stable, consistent annual dividends of ¥32. - FY2023RestatedAnnual report
「The basic policy is to pay stable and consistent dividends. Dividends will be determined after comprehensively considering funding needs, earnings trends and the strengthening of retained earnings, among other factors. Unless unforeseen circumstances arise in earnings trends or other factors, the policy is to maintain an annual dividend of at least ¥5 per share (Note 1). The annual dividend for the fiscal year ended March 2023 was ¥32 per share, comprising an interim dividend of ¥16 and a year-end dividend of ¥16.」
The company continued its policy of stable, consistent dividends with an annual floor of ¥5 per share and paid an annual dividend of ¥32 for the fiscal year ended March 2023. - FY2023-Q3RestatedAnnual report
「10 November 2022 Board of Directors Common shares 5,982 16.00 30 September 2022 2 December 2022 Retained earnings」
The company disclosed that it paid an interim dividend of ¥16 per share on 2 December 2022, reconfirming implementation of the dividend policy resolved in the previous quarter. - FY2023-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 10 November 2022, the company resolved to pay an interim dividend as follows to shareholders listed on the final shareholder register as of 30 September 2022. ① Total interim dividends: ¥5.982 billion ② Interim dividend per share: ¥16」
The company resolved to pay an interim dividend of ¥16 per share, an increase of ¥1 from ¥15 in the same period of the previous year. The dividend level was raised under the policy of stable, consistent dividends. - FY2023-Q1RestatedAnnual report
「29 June 2022 Annual General Meeting of Shareholders Common shares 6,352 17.00 31 March 2022 30 June 2022 Retained earnings」
A year-end dividend of ¥17 per share was paid for the fiscal year ended March 2022, fulfilling the policy of stable, consistent annual dividends of ¥32. - FY2022AdvancedAnnual report
「The annual dividend for the fiscal year ended March 2022 was ¥32 per share, comprising an interim dividend of ¥15 and a year-end dividend of ¥17.」
The company implemented the annual dividend forecast of ¥32 announced in the third quarter and finalized an annual dividend of ¥32, including a year-end dividend of ¥17. - FY2022-Q3AdvancedAnnual report
「After comprehensively considering the full-year earnings forecast and other factors, the year-end dividend will be ¥17, an increase of ¥2 from ¥15 in the previous fiscal year. Combined with the interim dividend of ¥15 per share already paid, the annual total will be ¥32 per share.」
Under the policy of stable, consistent dividends, the year-end dividend forecast was raised from ¥15 to ¥17 and the annual dividend forecast from ¥30 to ¥32. - FY2022-Q1RestatedAnnual report
「29 June 2021 Annual General Meeting of Shareholders Common shares 5,602 15.00 31 March 2021 30 June 2021 Retained earnings」
A year-end dividend of ¥15 per share was paid for the fiscal year ended March 2021, fulfilling the policy of stable, consistent annual dividends of ¥30. - FY2021-Q3RestatedAnnual report
「The year-end dividend forecast remains unchanged at ¥15 per share, bringing the annual total to ¥30 per share, the same as in the previous year.」
The company maintained its forecast of stable, consistent dividends of ¥15 per share for the year-end dividend and ¥30 annually. - FY2021-Q2RestatedAnnual report
「The year-end dividend forecast is also ¥15 per share, bringing the annual total to ¥30 per share, the same as in the previous year.」
Despite the challenging earnings outlook, the company maintained its policy of stable, consistent dividends of ¥30 annually, comprising interim and year-end dividends of ¥15 each. - FY2020AdvancedAnnual report
「The annual dividend for the fiscal year ended March 2020 was ¥30 per share, including an interim dividend of ¥15.」
Under the policy of stable, consistent dividends with a floor of ¥5 per share, the annual dividend increased from ¥28 in the previous fiscal year to ¥30. - FY2020-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 11 November 2019, the company resolved to pay an interim dividend as follows to shareholders listed on the final shareholder register as of 30 September 2019. ① Total interim dividends ¥5.598 billion ② Interim dividend per share ¥15」
The payment of the ¥15-per-share interim dividend was also confirmed in the dividend disclosure for the third quarter. - FY2020-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 11 November 2019, the company resolved to pay an interim dividend as follows to shareholders listed on the final shareholder register as of 30 September 2019. ① Total interim dividends: ¥5.598 billion ② Interim dividend per share: ¥15」
The company resolved to pay an interim dividend of ¥15 per share, up from ¥14 in the previous year's interim period. - FY2020-Q1RestatedAnnual report
「27 June 2019 Annual General Meeting of Shareholders Common shares 5,222 14.00 31 March 2019 28 June 2019 Retained earnings」
A year-end dividend of ¥14 per share was paid for the fiscal year ended March 2019, fulfilling the annual dividend policy of ¥28. - FY2019AdvancedAnnual report
「The annual dividend for the fiscal year ending March 2019 was ¥28 per share, including an interim dividend of ¥14.」
Under the policy of stable, consistent dividends with a floor of ¥5 per share, the annual dividend increased from ¥26 in the previous fiscal year to ¥28. - FY2019-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 9 November 2018, the company resolved to pay an interim dividend as follows to shareholders listed on the final shareholder register as of 30 September 2018. ① Total interim dividends: ¥5.222 billion ② Interim dividend per share: ¥14」
The company again disclosed the payment of the ¥14-per-share interim dividend resolved in the second quarter. - FY2019-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 9 November 2018, the company resolved to pay an interim dividend as follows to shareholders listed on the final shareholder register as of 30 September 2018. ① Total interim dividends: ¥5.222 billion ② Interim dividend per share: ¥14」
The company resolved to pay an interim dividend of ¥14 per share, up from ¥13 in the previous year's interim period. - FY2019-Q1RestatedAnnual report
「28 June 2018 Annual General Meeting of Shareholders Common shares ¥4.847 billion ¥13.00 31 March 2018 29 June 2018」
Of the ¥26 annual dividend for the fiscal year ended March 2018, a year-end dividend of ¥13 per share was paid. This confirmed implementation of the annual dividend policy, up from the previous year's year-end dividend of ¥12. - FY2018AdvancedAnnual report
「The annual dividend for the fiscal year ended March 2018 was ¥26 per share, including an interim dividend of ¥13.」
The annual dividend increased from ¥24 in the previous fiscal year to ¥26, with both the interim and year-end dividends at ¥13. - FY2018-Q2AdvancedAnnual report
「② Interim dividend per share ¥13」
The company resolved to pay an interim dividend of ¥13 per share to shareholders of record as of 30 September 2017, up from ¥12 in the same period of the previous year. - FY2016First statedAnnual report
「The basic policy is to pay stable and consistent dividends. Dividends will be determined after comprehensively considering funding needs, earnings trends and the strengthening of retained earnings, among other factors. Unless unforeseen circumstances arise in earnings trends or other factors, the policy is to maintain an annual dividend of at least ¥5 per share.」
The annual dividend for the fiscal year ended March 2016 was ¥18 per share. Retained earnings are intended to fund expenditures to strengthen the company's competitiveness.