Balancing Stable and Higher Dividends with Retained Earnings
First written in FY2016. 20 of 31 entries say "Restated". Latest entry: FY2027-H1.
68 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「At a meeting of the Board of Directors held on 9 October 2026, the following resolution was adopted concerning the interim dividend for the current fiscal year.」
An interim dividend of ¥19 per share was approved for the current interim period, continuing the dividend at the same level as in the previous fiscal year. - FY2026RestatedAnnual report
「For the 55th fiscal year (fiscal year ending February 2026), the Company plans to pay a dividend of ¥38 per share, comprising an interim dividend of ¥19 and a year-end dividend of ¥19.」
The Company indicated a policy of maintaining annual dividends of ¥38 per share, comprising an interim dividend of ¥19 and a year-end dividend of ¥19. The year-end dividend is planned as an item for resolution at the Annual General Meeting of Shareholders. - FY2026-H1RestatedAnnual report
「At the Board of Directors meeting held on 10 October 2025, the following resolution was passed regarding the interim dividend for the current fiscal year. (a) Total interim dividend……………………¥179,882 thousand (b) Dividend per share………………………¥19.00」
The interim dividend was ¥19 per share, maintaining the same level as the previous fiscal year's interim dividend. - FY2025RestatedAnnual report
「Based on the above basic policy, the Company decided to pay a dividend of ¥38 per share for the 55th fiscal year (fiscal year ending February 2025), comprising an interim dividend of ¥19 and a year-end dividend of ¥19.」
Annual dividends of ¥38 per share were paid, comprising an interim dividend of ¥19 and a year-end dividend of ¥19, maintaining the same dividend level as in the previous fiscal year. - FY2025-H1RestatedAnnual report
「At the Board of Directors meeting held on 11 October 2024, the following resolution was passed regarding the interim dividend for the current fiscal year. (a) Total interim dividend……………………¥183,876 thousand (b) Dividend per share………………………¥19.00」
An interim dividend of ¥19 per share was approved, confirming the policy of paying a dividend at the same level as the previous fiscal year's interim dividend. - FY2025-Q1RestatedAnnual report
「Annual General Meeting of Shareholders, 24 May 2024 Common shares 183,878 19.0 29 February 2024 27 May 2024 Retained earnings」
A dividend of ¥19 per share was paid on 27 May 2024 as the year-end dividend for FY2024, implementing the approved annual dividend of ¥38. - FY2024RaisedAnnual report
「Based on the above basic policy, the Company decided to pay a dividend of ¥38 per share for the 54th fiscal year (fiscal year ending February 2024), comprising an interim dividend of ¥19 and a year-end dividend of ¥19.」
Annual dividends were raised from ¥36 to ¥38 per share, comprising an interim dividend of ¥19 and a year-end dividend of ¥19. - FY2024-Q2RaisedAnnual report
「At the Board of Directors meeting held on 10 October 2023, the following resolution was passed regarding the interim dividend for the current fiscal year. (a) Total interim dividend……………………¥183,879 thousand (b) Dividend per share………………………¥19.00」
An interim dividend of ¥19 per share was approved, an increase of ¥5 from the ¥14 interim dividend in the previous fiscal year. - FY2023RaisedAnnual report
「Based on the above basic policy, the Company decided to pay a dividend of ¥36 per share for the 53rd fiscal year (fiscal year ending February 2023), comprising an interim dividend of ¥14 and a year-end dividend of ¥22.」
Annual dividends were raised from ¥17 to ¥36 per share, comprising an interim dividend of ¥14 and a year-end dividend of ¥22. - FY2023-Q2RaisedAnnual report
「At the Board of Directors meeting held on 11 October 2022, the following resolution was passed regarding the interim dividend for the current fiscal year. (a) Total interim dividend……………………¥135,492 thousand (b) Dividend per share………………………¥14.00」
An interim dividend of ¥14 per share was approved, up from ¥8 per share in the previous fiscal year. - FY2023-Q1RestatedAnnual report
「Annual General Meeting of Shareholders, 24 May 2022 Common shares 87,102 9.0 28 February 2022 25 May 2022 Retained earnings」
A dividend of ¥9 per share was paid as the year-end dividend for the 52nd fiscal year, implementing the previously approved annual dividend of ¥17. - FY2022RaisedAnnual report
「Based on the above basic policy, the Company decided to pay a dividend of ¥17 per share for the 52nd fiscal year (fiscal year ending February 2022), comprising an interim dividend of ¥8 and a year-end dividend of ¥9.」
Annual dividends were raised from ¥7 to ¥17 per share, comprising an interim dividend of ¥8 and a year-end dividend of ¥9. - FY2022-Q2RaisedAnnual report
「Board of Directors meeting, 8 October 2021 Common shares 77,424 8.0 31 August 2021 29 October 2021 Retained earnings」
While no interim dividend was paid in the previous fiscal year, an interim dividend of ¥8 per share was approved for the current fiscal year. - FY2022-Q1RestatedAnnual report
「Annual General Meeting of Shareholders, 25 May 2021 Common shares 67,746 7.0 28 February 2021 26 May 2021 Retained earnings」
A dividend of ¥7 per share was paid as the year-end dividend for the 51st fiscal year, implementing a lower dividend level than in the previous fiscal year. - FY2021SoftenedAnnual report
「Based on the basic policy described above, the Company decided to pay a dividend of ¥7 per share for the 51st fiscal year, the fiscal year ended February 2021, consisting of a year-end dividend of ¥7.0.」
Annual dividends fell sharply from ¥65 to ¥7 per share in the previous fiscal year, and no interim dividend was paid. The policy of paying dividends on an ongoing basis remains in place, but the level of dividends has weakened. - FY2021-Q1RestatedAnnual report
「21 May 2020 Annual General Meeting of Shareholders Common shares 338,742 35.0 29 February 2020 22 May 2020 Retained earnings」
The Company paid a year-end dividend of ¥35 per share for the 50th fiscal year, resulting in an annual dividend of ¥65 per share including the ¥30 interim dividend. - FY2020RaisedAnnual report
「Based on the basic policy described above, the Company decided to pay a dividend of ¥65 per share for the 50th fiscal year, the fiscal year ended February 2020, comprising an interim dividend of ¥30.0 and a year-end dividend of ¥35.0, including a commemorative dividend of ¥5.0.」
The annual dividend was increased from ¥60 to ¥65 per share. Of the ¥35 year-end dividend, ¥5 was a commemorative dividend marking the Company's 50th anniversary. - FY2020-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 9 October 2019, the Company resolved the following matters concerning the interim dividend for the current fiscal year: (a) Total interim dividend: ¥290,354 thousand; (b) Dividend per share: ¥30.00.」
The Company set the interim dividend at ¥30 per share and continued to maintain an annual dividend of ¥60 per share. - FY2019Clarification of dividend policyAnnual report
「As its basic policy for returning profits to shareholders, the Company pays dividends every fiscal year with a payout ratio of at least 30% and a dividend-on-equity ratio of at least 2%.」
In addition to its policy of stable dividends and retained earnings, the Company specified profit-return metrics of a payout ratio of at least 30% and a dividend-on-equity ratio of at least 2%. - FY2019-Q4RestatedAnnual report
「Dividend per share (¥) 30.00 30.00 60.00」
The Company continued to maintain an annual dividend of ¥60 per share, including an interim dividend of ¥30 per share. - FY2019-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 9 November 2018, the Company resolved the following matters concerning the interim dividend for the current fiscal year: (a) Total interim dividend: ¥295,463 thousand; (b) Dividend per share: ¥30.00.」
The Company set the interim dividend at ¥30 per share and continued its policy of paying an annual dividend of ¥60 per share. - FY2018RestatedAnnual report
「Based on the basic policy described above, the Company decided to pay a dividend of ¥60 per share for the 48th fiscal year, the fiscal year ended March 2018, comprising an interim dividend of ¥30.0 and a year-end dividend of ¥30.0.」
While pursuing both stable, progressive dividends and retained earnings, the Company paid an annual dividend of ¥60 per share for the fiscal year. - FY2018-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 9 November 2017, the Company resolved the following matters concerning the interim dividend for the current fiscal year: (a) Total interim dividend: ¥295,465 thousand; (b) Dividend per share: ¥30.00.」
The Company set the interim dividend at ¥30 per share and continued its policy of paying an annual dividend of ¥60 per share. - FY2017RestatedAnnual report
「For the 47th fiscal year, the fiscal year ended March 2017, the Company decided to pay a dividend of ¥60 per share, comprising an interim dividend of ¥30.0 and a year-end dividend of ¥30.0.」
The Company paid an annual dividend of ¥60 per share for the fiscal year under its stable and progressive dividend policy. - FY2017-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 7 November 2016, the Company resolved the following matters concerning the interim dividend for the current fiscal year: (a) Total interim dividend: ¥296,716 thousand; (b) Dividend per share: ¥30.00.」
The interim dividend was set at ¥30 per share, an increase from the previous year's interim dividend of ¥27.50. - FY2016First statedAnnual report
「With respect to dividends, we intend to maintain stable dividends and increase them after taking into account each period’s financial results and other factors.」
The Company’s profit-allocation policy takes into account financial performance, the payout ratio, strengthening its financial position and retained earnings for business development. The dividend for the period was ¥60 per share, with a payout ratio of 32.7%.