Shareholder Return Policy Based on Profit Growth, Strengthening of Financial Condition and Retained Earnings
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2019.
75 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「Maximizing shareholder value is an important management objective for the Company, and maintaining stable dividends over the long term is an important management policy. In addition, when business performance improves, the Company plans to actively return profits to shareholders through increased dividends and other measures.」
Continues the policy of making shareholder returns through increased dividends and other measures when business performance improves, while maintaining stable dividends as the basic policy. - FY2018RestatedAnnual report
「Maximizing shareholder value is an important management objective for the Company, and maintaining stable dividends over the long term is an important management policy. In addition, when business performance improves, the Company plans to actively return profits to shareholders through increased dividends and other measures.」
Continues the policy of making shareholder returns through increased dividends and other measures when business performance improves, while maintaining stable dividends as the basic policy. - FY2017RestatedAnnual report
「Maximizing shareholder value is an important management objective for the Company, and maintaining stable dividends over the long term is an important management policy. In addition, when business performance improves, the Company plans to actively return profits to shareholders through increased dividends and other measures.」
Explicitly states a shareholder return policy centered on stable dividends, with increased dividends and other measures when business performance improves. - FY2016First statedAnnual report
「The Company plans to determine its future dividend policy after making a comprehensive assessment of such factors as its focus on further increasing earnings per share, strengthening its financial position, retained earnings required for future business expansion, and the resulting improvement in return on equity (ROE).」
First states the policy of determining dividends based on a comprehensive assessment of earnings, the financial position, retained earnings and ROE.