Active shareholder returns prioritizing stable dividends
First written in FY2016. 5 of 14 entries say "Raised", first in FY2017. Latest entry: 2026-07-30.
29 other companies' latest entry also says "Advanced".
- FY2025-H1RaisedAnnual report
「New elements include further cooperation with Coca-Cola (Japan) Co., Ltd., including the joint development of a long-term growth plan; operating the business through multiple business units with clear accountability; rebuilding the profit base of the vending business and operating with the mindset of the world's largest retailer; and the largest shareholder return in the company's history.」
The shareholder return policy has been upgraded from the Vision 2028 wording to a plan under Vision 2030 that incorporates the largest shareholder return in the company's history. - FY2024RaisedAnnual report
「Specifically, we aim for a consolidated payout ratio of at least 40% and consolidated dividend on equity (DOE) of at least 2.5% in 2028. During the period covered by Vision 2028, we will introduce progressive dividends, maintaining or increasing the annual dividend per share each year compared with the previous fiscal year.」
In addition to the previous policy of active and stable shareholder returns, the company has upgraded its policy to include specific targets and deadlines: a consolidated payout ratio of at least 40%, DOE of at least 2.5% in 2028, and progressive dividends. - FY2023RaisedAnnual report
「To maximize shareholder returns, we will regularly review our capital structure and payout ratio while maintaining flexibility in our financial strategy for growth opportunities. We will also use retained earnings to invest in sustainable growth and pursue business growth and further enhancement of corporate value.」
In addition to the previous policy of stable dividends and a guideline of at least 30% of profit attributable to owners of the parent, the company specified the maximization of shareholder returns, regular reviews of its capital structure and payout ratio, and the pursuit of growth investment alongside shareholder returns. - FY2020-Q2RestatedAnnual report
「The company announced plans for a year-end dividend of ¥25 per share.」
Although the company had indicated that it would review cash allocation and the dividend forecast amid COVID-19, it reaffirmed its plan for a year-end dividend of ¥25 per share. - FY2020-Q1SoftenedAnnual report
「Reviewing the priorities for cash allocation, including capital investment and the dividend forecast」
While maintaining its previous policy of emphasizing stable dividends, the company indicated that it was reviewing the priorities for cash allocation, including capital investment and the dividend forecast, amid COVID-19. - FY2019-Q2RestatedAnnual report
「The interim dividend will remain at ¥25 as planned, with no change to the full-year dividend forecast. In the year of transition and recovery, the company will focus on stable dividends.」
The company reaffirmed its policy of maintaining the planned interim dividend and full-year dividend forecast and focusing on stable dividends during the 2019 transition and recovery phase. - FY2017RaisedAnnual report
「While our basic policy on the allocation of profits is to make active shareholder returns, we have made stable dividend payments our top priority and, after comprehensively considering business performance and retained earnings, have paid dividends from surplus twice a year, as interim and year-end dividends. Following the adoption of IFRS, which is scheduled for the year-end financial results for the fiscal year ending December 2018, we will also pay dividends based on a guideline of at least 30% of profit attributable to owners of the parent.」
In addition to the previous policy of prioritizing stable dividends, the company stated that following the adoption of IFRS, dividends would be guided by a payout ratio of at least 30% of profit attributable to owners of the parent. - FY2016First statedAnnual report
「With stable dividend payments as our top priority, we will pay dividends from surplus twice a year, as interim and year-end dividends, after comprehensively considering business performance and retained earnings.」
The company explicitly states a shareholder return policy of paying dividends twice a year after considering business performance and retained earnings, with stable dividends as the top priority.