Performance-linked dividends targeting 40% of net income and continuation of the minimum dividend
First written in FY2016. 20 of 31 entries say "Restated". Latest entry: 2026-09-14.
11 other companies' latest entry also says "Softened".
- FY2026RaisedAnnual report
「For dividends from retained earnings, the company will use the higher of 40% of consolidated net income attributable to owners of the parent or a consolidated dividend on equity (DOE) of 3.5% as its target, and will continue striving to maintain dividend payments.」
The company changed its policy by adding a DOE of 3.5% to the previous policy targeting 40% of consolidated profit, and will adopt whichever is higher. - FY2025-H1RestatedAnnual report
「27 June 2024 Annual General Meeting of Shareholders Common shares 921 100 31 March 2024 28 June 2024 Retained earnings」
Under the existing shareholder return policy, the company paid a dividend of ¥100 per share, totaling ¥921 million. - FY2024-Q3RestatedAnnual report
「29 June 2023 Annual General Meeting of Shareholders Common shares 921 100 31 March 2023 30 June 2023 Retained earnings」
Under the existing shareholder return policy, the company paid a dividend of ¥100 per share, totaling ¥921 million. - FY2023ReframedAnnual report
「Through the fiscal year ending March 2023, the company paid dividends linked to performance based on 40% of standalone net income. From the fiscal year ending March 2024, it has changed its policy so that the target payout ratio is 40% of net income attributable to owners of the parent on a consolidated basis.」
The company changed its policy from a 40% payout ratio based on standalone net income to a policy based on consolidated net income attributable to owners of the parent from the fiscal year ending March 2024. The dividend for the year was ¥100 per share, with a standalone payout ratio of 40.7%. - FY2023-Q3RestatedAnnual report
「27 June 2022 Annual General Meeting of Shareholders Common shares 1,013 110 31 March 2022 28 June 2022 Retained earnings」
This records that, under the existing shareholder return policy, the company paid a dividend of ¥110 per share, totaling ¥1,013 million. - FY2023-Q1RestatedAnnual report
「27 June 2022 Annual General Meeting of Shareholders Common shares 1,013 110 31 March 2022 28 June 2022 Retained earnings」
Under the existing shareholder return policy, the company paid a dividend of ¥110 per share, totaling ¥1,013 million. - FY2022RestatedAnnual report
「The company regards returning profits to shareholders as one of its key management policies. In distributing profits, it has adopted a performance-linked dividend policy targeting 40% of standalone net income. However, regardless of performance, the company will continue striving to pay a dividend of at least ¥20 per share.」
The company maintained its performance-linked dividend policy targeting a 40% payout ratio and its minimum dividend policy of at least ¥20 per share. For the fiscal year, the dividend was ¥110 per share and the payout ratio was 39.8%. - FY2022-Q3RestatedAnnual report
「22 June 2021 Annual General Meeting of Shareholders Common shares 783 85 31 March 2021 23 June 2021 Retained earnings」
The record continues to state that, under the existing shareholder return policy, the company paid a dividend of ¥85 per share, totaling ¥783 million. - FY2022-Q1RestatedAnnual report
「22 June 2021 Annual General Meeting of Shareholders Common shares 783 85 31 March 2021 23 June 2021 Retained earnings」
Under the existing shareholder return policy, the company paid a dividend of ¥85 per share, totaling ¥783 million. - FY2021RestatedAnnual report
「The company regards returning profits to shareholders as one of its key management policies. In distributing profits, it has adopted a performance-linked dividend policy targeting 40% of standalone net income. However, regardless of performance, the company will continue striving to pay a dividend of at least ¥20 per share.」
The company maintained its performance-linked dividend policy targeting 40% of standalone net income and its minimum dividend policy of at least ¥20 per share. For the fiscal year, the dividend was ¥85 per share and the payout ratio was 39.0%. - FY2021-Q3RestatedAnnual report
「23 June 2020 Annual General Meeting of Shareholders Common shares 1,013 110 31 March 2020 24 June 2020 Retained earnings」
The record continues to state that, under the existing shareholder return policy, the company paid a dividend of ¥110 per share, totaling ¥1,013 million. - FY2021-Q2RestatedAnnual report
「23 June 2020 Annual General Meeting of Shareholders Common shares 1,013 110 31 March 2020 24 June 2020 Retained earnings」
This records that, under the existing shareholder return policy, the company paid a dividend of ¥110 per share, totaling ¥1,013 million. - FY2021-Q1RestatedAnnual report
「23 June 2020 Annual General Meeting of Shareholders Common shares 1,013 110 31 March 2020 24 June 2020 Retained earnings」
Under the existing shareholder return policy, the company paid a dividend of ¥110 per share, totaling ¥1,013 million. - FY2020-Q3RestatedAnnual report
「25 June 2019 Annual General Meeting of Shareholders Common shares 1,105 120 31 March 2019 26 June 2019 Retained earnings」
A dividend of ¥120 per share was paid, demonstrating performance in line with the performance-linked dividend policy targeting 40% of net income and the minimum dividend policy. - FY2020-Q2RestatedAnnual report
「25 June 2019 Annual General Meeting of Shareholders Common shares 1,105 120 31 March 2019 26 June 2019 Retained earnings」
A dividend of ¥120 per share was paid, demonstrating shareholder returns in line with the existing performance-linked and minimum dividend policies. - FY2020-Q1RestatedAnnual report
「Common shares 1,105 120 31 March 2019 26 June 2019 Retained earnings」
In line with the performance-linked dividend policy targeting 40% of net income and the minimum dividend policy of at least ¥20 per share, the company paid a dividend of ¥120 per share. - FY2019RestatedAnnual report
「The company regards returning profits to shareholders as one of its key management policies. In distributing profits, it has adopted a performance-linked dividend policy targeting 40% of standalone net income. However, regardless of performance, the company will continue striving to pay a dividend of at least ¥20 per share.」
The company maintained its policy of a performance-linked dividend targeting a 40% payout ratio and a minimum dividend of at least ¥20 per share. For the fiscal year, the dividend was ¥120 per share and the payout ratio was 40.0%. - FY2019-Q1RestatedAnnual report
「Common shares 1,379 150 31 March 2018 27 June 2018 Retained earnings」
In line with the policy targeting 40% of net income, the company paid a dividend of ¥150 per share, totaling ¥1,379 million. - FY2018AdvancedAnnual report
「For the fiscal year, the company decided to pay a dividend of ¥150 per share in accordance with its basic policy. As a result, the payout ratio was 39.9%.」
While maintaining a performance-linked dividend policy targeting 40% of net income and a minimum dividend policy of at least ¥20 per share, the dividend for the year was ¥150 per share. - FY2018-Q2RestatedAnnual report
「23 June 2017 Annual General Meeting of Shareholders Common shares Total dividends: ¥1,080 million Dividend per share: ¥115」
A dividend of ¥115 per share was paid for the year, demonstrating performance in line with the existing shareholder return policy. - FY2017AdvancedAnnual report
「We regard returning profits to shareholders as one of our key management policies. With respect to profit distribution, we have adopted performance-linked dividends targeting 40% of net income. However, regardless of business performance, we will strive to continue paying dividends of at least ¥20 per share.」
The dividend policy itself was maintained, and a dividend of ¥115 per share was paid for the current fiscal year, representing a payout ratio of 40.4%. - FY2017-Q3RestatedAnnual report
「28 June 2016 Annual General Meeting of Shareholders Common shares Total dividends: ¥563 million Dividend per share: ¥60」
A dividend of ¥60 per share was also paid for the cumulative third-quarter period. - FY2017-Q2RestatedAnnual report
「28 June 2016 Annual General Meeting of Shareholders Common shares Total dividends: ¥563 million Dividend per share: ¥60」
A dividend of ¥60 per share was also paid for the current fiscal year, demonstrating performance in line with the existing shareholder return policy. - FY2017-Q1RestatedAnnual report
「28 June 2016 Annual General Meeting of Shareholders Common shares Total dividends: ¥563 million Dividend per share: ¥60」
A dividend of ¥60 per share was paid for the previous fiscal year, demonstrating shareholder returns in line with the existing dividend policy. - FY2016First statedAnnual report
「With respect to profit distribution, we have adopted performance-linked dividends targeting 40% of net income. However, regardless of business performance, we will strive to continue paying dividends of at least ¥20 per share.」
For the current fiscal year, a dividend of ¥60 per share was paid, representing a payout ratio of 39.2%.