Komori
Ajinomoto Co. (2802) · TargetRaised

Stable and Sustained Dividends and a 30% Dividend Payout Ratio

First written in FY2016. 9 of 32 entries say "Restated". Latest entry: FY2026.

32entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2018-Q32016: 320162017: 420172018: 420182019: 220192020: 220202021: 320212022: 320222023: 320232024: 220242025: 220252026: 42026
Same theme, other companies
Dividend policy based on consolidated dividend-on-equity ratio and payout ratio criteriaA theme 317 companies write about · 0 as a headwind · 328 as a tailwind

51 other companies' latest entry also says "Raised".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 196 companies compared. The sentences above are computed from all 196.Comparing 200 of the theme's 330 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2026RaisedAnnual report

    「The shareholder dividend for the current fiscal year (the fiscal year ending March 2026) is planned at an annual ¥48 per share, an increase of ¥8 from the previous fiscal year, including an interim dividend of ¥24.」

    Under the progressive dividend policy, an annual dividend of ¥48 on a post-stock-split basis is planned for the fiscal year ending March 2026, and an increase to ¥50 per share, including an interim dividend of ¥25, is planned for the following fiscal year ending March 2027.
  2. FY2026-H1Update of interim dividend resultsAnnual report

    「Interim dividend (dividend per share: ¥24) 23,350 30 September 2025 6 November 2025 2 December 2025」

    On a post-stock-split basis, an interim dividend of ¥24 per share, totaling ¥23,350 million, was approved for the record date of 30 September 2025.
  3. FY2025RaisedAnnual report

    「Based on these factors, for the shareholder dividend for the following fiscal year (the fiscal year ending March 2026), we plan to increase the annual dividend to ¥48 per share, including an interim dividend of ¥24 (¥96 per share before the stock split).」

    Under the progressive dividend policy, an annual dividend of ¥80 was paid for the fiscal year ended March 2025, and an annual dividend of ¥48 per share after the stock split, or ¥96 before the stock split, was planned for the fiscal year ending March 2026.
  4. FY2025-H1Update of interim dividend resultsAnnual report

    「Interim dividend (dividend per share: ¥40) 20,170 30 September 2024 7 November 2024 3 December 2024」

    Under the progressive dividend policy, an interim dividend of ¥40 per share, totaling ¥20,170 million, was approved for the record date of 30 September 2024.
  5. FY2024RaisedAnnual report

    「For the shareholder dividend for the following fiscal year (the fiscal year ending March 2025), we plan to pay an annual dividend of ¥80 per share, an increase of ¥6 from the current fiscal year, including an interim dividend of ¥40.」

    Under the progressive dividend policy, an annual dividend of ¥74 was paid for the fiscal year ended March 2024, and ¥80 was planned for the fiscal year ending March 2025. Dividends based on normalized EPS were established as the standard calculation method, and a three-year total payout ratio of at least 50% was also indicated.
  6. FY2024-Q2Update of interim dividend resultsAnnual report

    「Interim dividend (dividend per share: ¥37) 19,239 30 September 2023 6 November 2023 4 December 2023」

    An interim dividend of ¥37 per share, totaling ¥19,239 million, was approved for the record date of 30 September 2023, representing the interim portion of the planned annual dividend of ¥74 for the following fiscal year under the progressive dividend policy.
  7. FY2024-Q1Update: year-end dividend historyAnnual report

    「Year-end dividend (dividend per share: ¥37)」

    The year-end dividend for the fiscal year ended March 2023 was paid at ¥37 per share, resulting in an annual dividend of ¥68.
  8. FY2023AdvancedAnnual report

    「The shareholder dividend for the current fiscal year (the fiscal year ended March 2023) was set at an annual ¥68 per share, an increase of ¥16 from the previous fiscal year, including an interim dividend of ¥31. In the Medium-Term ASV Management 2030 Roadmap announced in February 2023, we declared a progressive dividend policy and stated that dividends would not be reduced, with increases or maintenance of the dividend as the policy. For the following fiscal year (the fiscal year ending March 2024), we plan to pay an annual dividend of ¥74 per share, an increase of ¥6 from the current fiscal year, including an interim dividend of ¥37.」

    Against the backdrop of a policy targeting a payout ratio of 40% and a total payout ratio of at least 50%, the annual dividend was increased to ¥68, and the progressive dividend policy and planned dividend of ¥74 for the following fiscal year were explicitly stated.
  9. FY2023-Q2AdvancedAnnual report

    「Interim dividend (dividend per share: ¥31) 16,643 30 September 2022 7 November 2022 2 December 2022」

    An interim dividend of ¥31 per share, totaling ¥16,643 million, was approved for the record date of 30 September 2022, an increase from ¥24 in the same period of the previous year.
  10. FY2023-Q1Update: year-end dividend historyAnnual report

    「Year-end dividend (dividend per share: ¥28)」

    The year-end dividend for the fiscal year ended March 2022 was paid at ¥28 per share, an increase from ¥26 per share in the previous fiscal year.
  11. FY2022AdvancedAnnual report

    「The shareholder dividend for the current fiscal year (the fiscal year ended March 2022) was set at an annual ¥52 per share, an increase of ¥10 from the previous fiscal year, including an interim dividend of ¥24. For the following fiscal year (the fiscal year ending March 2023), we plan to pay an annual dividend of ¥58 per share, an increase of ¥6 from the current fiscal year, including an interim dividend of ¥29.」

    Under a policy targeting a payout ratio of 40% and a total payout ratio of at least 50%, the annual dividend was increased to ¥52, with ¥58 planned for the following fiscal year.
  12. FY2022-Q2Update of interim dividend resultsAnnual report

    「Interim dividend (dividend per share: ¥24) 13,066 30 September 2021 4 November 2021 3 December 2021」

    An interim dividend of ¥24 per share, totaling ¥13,066 million, was approved for the record date of 30 September 2021, updating the track record of stable and consistent dividends.
  13. FY2022-Q1Update: year-end dividend historyAnnual report

    「Year-end dividend (dividend per share: ¥26)」

    The year-end dividend for the fiscal year ended March 2021 was paid at ¥26 per share. Together with the interim dividend of ¥16, this resulted in an annual dividend of ¥42.
  14. FY2021AdvancedAnnual report

    「The shareholder dividend for the current fiscal year (the fiscal year ended March 2021) was set at an annual ¥42 per share, an increase of ¥10 from the previous fiscal year, including an interim dividend of ¥16. For the following fiscal year (the fiscal year ending March 2022), we plan to pay an annual dividend of ¥44 per share, an increase of ¥2 from the current fiscal year, including an interim dividend of ¥22.」

    Under a policy targeting a payout ratio of 40% and a total payout ratio of at least 50%, the annual dividend was increased to ¥42, with ¥44 planned for the following fiscal year.
  15. FY2021-Q2Update of interim dividend resultsAnnual report

    「Interim dividend (dividend per share: ¥16) 8,784 30 September 2020 4 November 2020 4 December 2020」

    An interim dividend of ¥16 per share, totaling ¥8,784 million, was approved for the record date of 30 September 2020, updating the track record of stable and consistent dividends.
  16. FY2020RaisedAnnual report

    「Although the 2020–2022 medium-term management plan involves lower revenue and expenses associated with structural reforms, we will raise the consolidated payout ratio to 40% from the previous 30% and conduct share buybacks based on free cash flow and market conditions, targeting a consolidated total payout ratio of at least 50%.」

    We raised the target payout ratio from the previous 30% to 40% and stated a policy of a total payout ratio of at least 50%, including share buybacks, for 2020–2022.
  17. FY2020-Q2Update of interim dividend resultsAnnual report

    「Interim dividend (dividend per share: ¥16) 8,785 30 September 2019 6 November 2019 4 December 2019」

    An interim dividend of ¥16 per share was approved for the record date of 30 September 2019, updating the track record of stable and consistent dividends.
  18. FY2020-Q1Update: year-end dividend historyAnnual report

    「Year-end dividend (dividend per share: ¥16)」

    The year-end dividend for the fiscal year ended March 2019 was paid at ¥16 per share, a decrease of ¥1 from the previous fiscal year's year-end dividend of ¥17 per share.
  19. FY2019-Q2AdvancedAnnual report

    「Interim dividend (dividend per share: ¥16) 8,789 30 September 2018 7 November 2018 5 December 2018」

    An interim dividend of ¥16 per share was approved for the record date of 30 September 2018, an increase from ¥15 in the same period of the previous year.
  20. FY2019-Q1AdvancedAnnual report

    「Year-end dividend (dividend per share: ¥17)」

    The year-end dividend for the fiscal year ended March 2018 was paid at ¥17 per share, an increase from ¥15 per share in the previous fiscal year.
  21. FY2018AdvancedAnnual report

    「The shareholder dividend for the current fiscal year (the fiscal year ended March 2018) was set at an annual ¥32 per share, an increase of ¥2 from the previous fiscal year, including an interim dividend of ¥15. For the following fiscal year (the fiscal year ending March 2019), we plan to pay an annual dividend of ¥32 per share, the same as in the current fiscal year, including an interim dividend of ¥16.」

    Under our policy of stable and consistent dividends, the annual dividend was increased from ¥30 in the previous fiscal year to ¥32, and ¥32 was planned for the following fiscal year.
  22. FY2018-Q3RestatedAnnual report

    「Interim dividend (dividend per share: ¥15) 8,536 30 September 2017 7 November 2017 5 December 2017」

    An interim dividend of ¥15 per share was paid for the record date of 30 September 2017, demonstrating a track record of stable and consistent dividends.
  23. FY2018-Q2RestatedAnnual report

    「Interim dividend (dividend per share: ¥15) 8,536 30 September 2017 7 November 2017 5 December 2017」

    An interim dividend of ¥15 per share, totaling ¥8,536 million, was approved for the record date of 30 September 2017, demonstrating a track record of stable and consistent dividends.
  24. FY2018-Q1RestatedAnnual report

    「Year-end dividend (dividend per share: ¥15)」

    A year-end dividend of ¥15 per share, totaling ¥8,537 million, was paid for the record date of 31 March 2017, demonstrating a track record of stable and consistent dividends.
  25. FY2017RestatedAnnual report

    「Under our 2017–2019 (for 2020) medium-term management plan, we planned to manage the cash flow generated from capital expenditures, R&D and M&A as an integrated whole and allocate investment preferentially to growth areas, while paying stable and consistent dividends with a payout ratio of approximately 30%, considering flexible share buybacks, and working to improve shareholder returns.」

    Under the new medium-term management plan, we maintained our policy of stable and consistent dividends with a target payout ratio of 30% and stated our capital allocation policy alongside growth investment and share buybacks.
  26. FY2017-Q3RestatedAnnual report

    「At a meeting of the Board of Directors held on 8 November 2016, a resolution was passed to pay an interim dividend.」

    The company paid an interim dividend of ¥15 per share, totaling ¥8.537 billion, with 30 September 2016 as the record date, demonstrating its track record of stable and continuous dividends.
  27. FY2017-Q2RestatedAnnual report

    「At a meeting of the Board of Directors held on 8 November 2016, a resolution was passed to pay an interim dividend.」

    The company resolved to pay an interim dividend of ¥15 per share with 30 September 2016 as the record date, demonstrating its ongoing dividend policy in practice.
  28. FY2017-Q1RestatedAnnual report

    「29 June 2016 Annual General Meeting of Shareholders Common stock Total dividends (¥ million) 8,715 Dividend per share (¥) 15」

    A dividend of ¥15 per share was paid for the quarter, demonstrating a track record of continuous dividends.
  29. FY2016First statedAnnual report

    「From a medium- to long-term management perspective, the company’s basic policy is to pay stable and continuous dividends after taking consolidated results into consideration, and it set a target payout ratio of 30% under the 2014–2016 medium-term management plan.」

    The annual dividend for the current fiscal year was stated as ¥28 per share, with a planned dividend of ¥30 per share for the next fiscal year.
Moved together

"Improving shareholder returns and capital efficiency through share buybacks" moved the same way as this thread, in the same document, in 11 of its 32 moves.

1188777★123456
  1. ★This thread
  2. 1Improving shareholder returns and capital efficiency through share buybacks11×
  3. 2Creating Growth Drivers through R&D Leadership8×
  4. 3Open Innovation with External Research Institutions and Companies8×
  5. 4Strengthening Corporate Governance to Support Proactive Management7×
  6. 5Reduction of Strategic Shareholdings and Verification Against the Cost of Capital7×
  7. 6Improving Capital Efficiency and Shareholder Value7×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Ajinomoto Co. yet. It last moved in the General Meetings of Shareholders of 2026-05-19: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Stable and Sustained Dividends and a 30% Dividend Payout Ratio | Ajinomoto Co.,Inc. (2802) | Komori