Balancing performance-linked dividend increases and stock splits with growth investment
First written in FY2016. 16 of 36 entries say "Restated". Latest entry: 2026-10-05.
63 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Following a comprehensive review, including the performance trend through the second quarter, the interim dividend for the current period was set at ¥17 per share. The company plans to pay a year-end dividend of ¥17 per share after comprehensively considering full-year performance, financial position and future business development.」
Following the post-split interim dividend of ¥17, the company plans to pay a year-end dividend of ¥17, indicating an annual dividend policy of ¥34. - 2026-05-26RestatedGeneral Meetings of Shareholders
「Our basic policy is to provide appropriate returns to shareholders, secure retained earnings to achieve future business expansion, and pay stable dividends while taking performance into account.」
The company continues to pursue a policy of balancing retained earnings for business expansion with stable dividends based on performance. - FY2026-H1RestatedAnnual report
「At the Board of Directors meeting held on 3 October 2025, the following resolution was passed regarding the interim dividend for the current period. ① Total interim dividend: ¥349 million ② Dividend per share: ¥17.00」
The company resolved to pay an interim dividend of ¥17 per share, totaling ¥349 million, after the stock split, maintaining shareholder returns at the same level as the post-split level in the same period of the previous year. - FY2025-H1RaisedAnnual report
「18 June 2024 Annual General Meeting of Shareholders Ordinary shares ¥342 million ¥50 31 March 2024 19 June 2024 Retained earnings Board of Directors meeting held on 2 October 2024 Ordinary shares ¥349 million ¥51 30 September 2024 16 December 2024 Retained earnings」
The year-end dividend was ¥50 per share, while the interim dividend for the current period was ¥51, up from ¥40 per share in the same period of the previous year. - FY2024RaisedAnnual report
「Following a comprehensive review, including the performance trend through the second quarter, the interim dividend for the current period was set at ¥40 per share. The year-end dividend was set at ¥50 per share after comprehensively considering full-year performance, financial position and future business development.」
The company paid an interim dividend of ¥40 and a year-end dividend of ¥50, for an annual dividend of ¥90, raising the level of shareholder returns from the previous year's annual dividend of ¥40. - FY2024-Q3AdvancedAnnual report
「At the Board of Directors meeting held on 2 October 2023, the following resolution was passed regarding the interim dividend for the current period. ① Total interim dividend: ¥273 million ② Dividend per share: ¥40.00 ③ Effective date of the payment claim and payment commencement date: 18 December 2023」
The ¥40 interim dividend, increased from ¥10 per share in the same period of the previous year, was confirmed as implemented, with payments commencing on 18 December 2023. - FY2024-Q2RaisedAnnual report
「Board of Directors meeting held on 2 October 2023 Ordinary shares ¥273 million ¥40 30 September 2023 18 December 2023 Retained earnings」
The company resolved to pay an interim dividend of ¥40 per share, totaling ¥273 million, for the current period. This was an increase from the ¥10 per share interim dividend in the same period of the previous year, raising the level of shareholder returns. - FY2024-Q1AdvancedAnnual report
「20 June 2023 Annual General Meeting of Shareholders Ordinary shares ¥205 million Dividend per share: ¥30 Record date: 31 March 2023 Effective date: 21 June 2023 Retained earnings」
A dividend of ¥30 per share, totaling ¥205 million, was paid at the end of FY2023. - FY2023AdvancedAnnual report
「Following a comprehensive review, including the performance trend through the second quarter, the interim dividend for the current period was set at ¥10 per share. The year-end dividend was set at ¥30 per share after comprehensively considering full-year performance, financial position and future business development.」
The company implemented and decided on an interim dividend of ¥10 and a year-end dividend of ¥30, for an annual dividend of ¥40, up from ¥30 in the previous fiscal year. - FY2023-Q3AdvancedAnnual report
「Board of Directors meeting held on 3 October 2022 Ordinary shares ¥68 million ¥10 30 September 2022 16 December 2022 Retained earnings」
The interim dividend with a record date of 30 September 2022 was paid at ¥10 per share, totaling ¥68 million. The process progressed from the resolution disclosed in the previous quarter to the payment stage. - FY2023-Q2RestatedAnnual report
「At the Board of Directors meeting held on 3 October 2022, the following resolution was passed regarding the interim dividend for the current period. ① Total interim dividend: ¥68 million ② Dividend per share: ¥10.00」
The company resolved to pay an interim dividend of ¥10 per share, totaling ¥68 million, for the current period, continuing the low interim dividend level of the previous fiscal year. - FY2023-Q1RestatedAnnual report
「16 June 2022 Annual General Meeting of Shareholders Ordinary shares ¥136 million ¥20 31 March 2022 17 June 2022 Retained earnings」
A year-end dividend of ¥20 per share, totaling ¥136 million, was paid on 17 June 2022 for the fiscal year ended March 2022. The year-end dividend was maintained at the same level as the previous fiscal year. - FY2022AdvancedAnnual report
「Regarding the dividend for the current period, the spread of COVID-19 resulted in a substantial operating loss for the fiscal year ending March 2022. Regrettably, the interim dividend was set at ¥10 per share. With respect to the year-end dividend, the company considered it an urgent priority to further stabilize its financial foundation in order to restore earnings power, and therefore, with regret, decided to set the ordinary dividend at ¥20 per share.」
Following the ¥10 interim dividend, the company implemented and decided on a ¥20 year-end dividend, confirming an annual dividend of ¥30. Although below the previous annual level of ¥100, this marked a progression from the partial resumption of the interim dividend as of FY2022 Q2 to the payment of a full-year dividend. - FY2022-Q2AdvancedAnnual report
「At the Board of Directors meeting held on 4 October 2021, the following resolution was passed regarding the interim dividend for the current period. ① Total interim dividend: ¥68 million ② Dividend per share: ¥10.00」
Following the decision disclosed in the previous quarter to forgo an interim dividend, the company resolved to pay an interim dividend of ¥10 per share for the current period, partially resuming interim dividend payments. This remained below the previous level of ¥50 per share. - FY2022-Q1SoftenedAnnual report
「8 June 2021 Annual General Meeting of Shareholders Ordinary shares ¥136 million ¥20 31 March 2021 9 June 2021 Retained earnings」
The year-end dividend for the fiscal year ended March 2021 was ¥20 per share, totaling ¥136 million, down from the previous ¥50 per share. - FY2021-Q2SoftenedAnnual report
「With respect to the interim dividend for the 26th fiscal year (1 April 2020 to 31 March 2021), the Board of Directors resolved at its meeting held on 2 October 2020 not to pay a dividend.」
The company had previously continued to pay an interim dividend of ¥50 per share, but resolved not to pay an interim dividend for FY2021. - FY2021-Q1RestatedAnnual report
「Annual General Meeting of Shareholders, 19 June 2020 Common shares 342 50 31 March 2020 22 June 2020 Retained earnings」
For the fiscal year ended March 2020, a year-end dividend of ¥50 per share, totaling ¥342 million, was paid. Shareholder returns were maintained at the same level as before. - FY2020AdvancedAnnual report
「For the dividend for the period, an interim dividend of ¥50 per share was paid. It was also decided to pay a year-end dividend of ¥50 per share. As a result, the dividend payout ratio for the fiscal year was 104.1%.」
Interim and year-end dividends of ¥50 per share each were paid and approved, for total annual dividends of ¥100 per share. The dividend payout ratio was 104.1%. - FY2020-Q3AdvancedAnnual report
「Meeting of the Board of Directors held on 2 October 2019 Common shares 342 50 30 September 2019 9 December 2019 Retained earnings」
It was disclosed that the interim dividend of ¥50 per share, totaling ¥342 million, had been executed by the payment start date of 9 December 2019. - FY2020-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 2 October 2019, the following resolution was passed regarding the interim dividend for the period: ① Total interim dividend: ¥342 million ② Dividend per share: ¥50.00」
An interim dividend of ¥50 per share, totaling ¥342 million, was approved, continuing shareholder returns at the same level as previously. - FY2020-Q1RestatedAnnual report
「Annual General Meeting of Shareholders, 11 June 2019 Common shares 342 50 31 March 2019 12 June 2019 Retained earnings」
A year-end dividend of ¥50 per share, totaling ¥342 million, was paid for the fiscal year ended March 2019. - FY2019AdvancedAnnual report
「For the dividend for the period, an interim dividend of ¥50 per share was paid. It was also decided to pay a year-end dividend of ¥50 per share. As a result, the dividend payout ratio for the fiscal year was 49.5%.」
Interim and year-end dividends of ¥50 per share each were paid and approved, disclosing annual shareholder returns of ¥100 per share and a dividend payout ratio of 49.5%. - FY2019-Q3AdvancedAnnual report
「Meeting of the Board of Directors held on 1 October 2018 Common shares 342 50 30 September 2018 10 December 2018 Retained earnings」
It was disclosed that the interim dividend with a record date of 30 September 2018, amounting to ¥50 per share and ¥342 million in total, was paid on 10 December, confirming that the previous resolution had progressed to execution. - FY2019-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 1 October 2018, the following resolution was passed regarding the interim dividend for the period: ① Total interim dividend: ¥342 million ② Dividend per share: ¥50.00」
An interim dividend of ¥50 per share, totaling ¥342 million, was approved, continuing shareholder returns at the same level as previously. - FY2019-Q1RestatedAnnual report
「Annual General Meeting of Shareholders, 13 June 2018 Common shares 342 50 31 March 2018 14 June 2018 Retained earnings」
A year-end dividend of ¥50 per share was paid for the fiscal year ended March 2018. This was at the same level as the previous year's year-end dividend. - FY2018AdvancedAnnual report
「For the dividend for the period, an interim dividend of ¥50 per share was paid. It was also decided to pay a year-end dividend of ¥50 per share. As a result, the dividend payout ratio for the fiscal year was 43.3%.」
Interim and year-end dividends of ¥50 per share each were paid and approved, establishing annual shareholder returns of ¥100 per share. - FY2018-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 2 October 2017, the following resolution was passed regarding the interim dividend for the period: ① Total interim dividend: ¥342 million ② Dividend per share: ¥50.00」
An interim dividend of ¥50 per share, totaling ¥342 million, was approved, continuing shareholder returns at the same level as previously. - FY2018-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 2 October 2017, the following resolution was passed regarding the interim dividend for the period: ① Total interim dividend: ¥342 million ② Dividend per share: ¥50.00」
An interim dividend of ¥50 per share, totaling ¥342 million, was approved, continuing shareholder returns at the same level as previously. - FY2018-Q1AdvancedAnnual report
「Annual General Meeting of Shareholders, 13 June 2017 Common shares 342 50 31 March 2017 14 June 2017 Retained earnings」
A year-end dividend of ¥50 per share, totaling ¥342 million, was actually paid for the fiscal year ended March 2017. - FY2017AdvancedAnnual report
「For the dividend for the period, an interim dividend of ¥50 per share was paid. It was also decided to pay a year-end dividend of ¥50 per share. As a result, the dividend payout ratio for the fiscal year was 40.1%.」
Interim and year-end dividends of ¥50 per share each were paid and approved, for total annual shareholder returns of ¥100 per share. - FY2017-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 3 October 2016, the following resolution was passed regarding the interim dividend for the period: ① Total interim dividend: ¥342 million ② Dividend per share: ¥50.00」
The interim dividend of ¥50 per share, totaling ¥342 million, continued. - FY2017-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 3 October 2016, the following resolution was passed regarding the interim dividend for the period: ① Total interim dividend: ¥342 million ② Dividend per share: ¥50.00」
An interim dividend of ¥50 per share, totaling ¥342 million, was approved, continuing shareholder returns. - FY2017-Q1AdvancedAnnual report
「Annual General Meeting of Shareholders, 8 June 2016 Common shares 342 50 31 March 2016 9 June 2016 Retained earnings」
For the dividend for the year, a payment of ¥50 per common share, totaling ¥342 million, was disclosed. This was an increase from ¥45 per share in the previous year. - FY2016First statedAnnual report
「The company regards returning profits to shareholders as an important management priority and intends to pursue flexible shareholder return measures, including considering dividend increases and stock splits in line with business performance. It also intends to build up retained earnings for effective use as funds for sustained future growth, including new store openings and capital investment to strengthen competitiveness.」
The company states its policy of building up retained earnings for new store openings and competitiveness while prioritizing shareholder returns.