Balancing stable dividends with growth investment
First written in FY2017. 5 of 8 entries say "Restated". Latest entry: 2026-10-13.
81 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「We set an indicative payout ratio of 30% reflecting business performance, seek to provide stable returns to shareholders, and will work to achieve further profit growth.」
Continues the policy of balancing an indicative payout ratio of 30%, stable returns to shareholders and profit growth. - FY2021RaisedAnnual report
「Aiming for medium- to long-term growth, we regard optimizing the balance between corporate value enhancement and profit allocation as an important policy. We set an indicative payout ratio of 30% reflecting business performance, seek to provide stable returns to shareholders, and will work to achieve further profit growth.」
Added an indicative payout ratio of 30% reflecting business performance to the policy of balancing stable dividends with growth investment. - FY2019RestatedAnnual report
「We will use retained earnings for essential growth investments needed for future business development and respond to shareholders by enhancing corporate value through medium- to long-term growth.」
Continues the basic policy of balancing stable dividends with medium- to long-term corporate value enhancement through growth investment funded by retained earnings. - FY2018RestatedAnnual report
「We will use retained earnings for essential growth investments needed for future business development and respond to shareholders by enhancing corporate value through medium- to long-term growth.」
Continues the basic policy of balancing stable dividends with medium- to long-term corporate value enhancement through growth investment funded by retained earnings. - FY2017First statedAnnual report
「We regard optimizing the balance between long-term corporate value enhancement and profit allocation as an important policy. Our basic policy is to return profits to shareholders, improve return on equity, and provide stable dividends while taking the payout ratio into consideration.」
For the first time, systematically described a basic policy covering corporate value enhancement, profit allocation, ROE, the payout ratio and stable dividends.