Stable Dividends and Higher Payout Ratio
First written in FY2016. 11 of 34 entries say "Restated". Latest entry: FY2026.
51 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「Specifically, the DOE target for fiscal 2027 will be raised from “1.5% or higher” to “2.5% or higher,” followed by phased increases to “3.5% or higher” for fiscal 2031 and “4.0% or higher” for fiscal 2035, with the aim of achieving both higher corporate value and shareholder returns.」
The DOE policy has been made more specific, with the fiscal 2027 target raised from 1.5% or higher to 2.5% or higher, and phased targets of 3.5% or higher for fiscal 2031 and 4.0% or higher for fiscal 2035 established. The annual dividend was also increased to ¥67 per share. - 2026-05-11RaisedEarnings
「We will raise the DOE target for fiscal 2027 from “1.5% or higher” to “2.5% or higher,” and raise it in stages to “3.5% or higher” for fiscal 2031 and “4.0% or higher” for fiscal 2035.」
The company has brought forward increases in its DOE targets and presented staged targets for fiscal 2027, fiscal 2031 and fiscal 2035. - FY2026-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 14 November 2025, the following resolution was passed regarding the interim dividend for the current period: (b) Amount per share: ¥23.00」
The interim dividend was set at ¥23 per share, an increase from ¥19 per share for the same period of the previous year. - FY2025-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 11 November 2024, the following resolution was passed regarding the interim dividend for the current period: (b) Amount per share: ¥19.00」
The interim dividend for the current period was set at ¥19 per share, an increase from ¥10 per share for the same period of the previous year. - FY2024RaisedAnnual report
「With respect to dividends for the current fiscal year, we have decided to pay ¥30 per share for the current period, including an interim dividend of ¥10 per share, based on the policy described above. Going forward, we will adopt DOE (dividend on equity) as the basic framework for determining dividends in order to provide flexible returns to shareholders that are stable and aligned with the company's performance.」
The annual dividend increased from ¥17 in the previous fiscal year to ¥30, and the company indicated its intention to introduce DOE as a shareholder return criterion. - FY2024-Q3RaisedAnnual report
「On 13 February 2024, we issued the announcement titled “Notice Regarding Upward Revision of Full-Year Consolidated Earnings Forecast and Revision of Dividend Forecast (Increase in Dividend) for the Fiscal Year Ending March 2024.”」
The company announced a revision to its dividend forecast for the fiscal year ending March 2024 that included an increase in the dividend. The revised annual dividend amount was not stated in the text. - FY2024-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 13 November 2023, the following resolution was passed regarding the interim dividend for the current period: ② Amount per share: ¥10.00」
The interim dividend for the current period was set at ¥10 per share, up from ¥8 per share for the same period of the previous year. The interim dividend level has increased under the policy of stable dividends and returns to shareholders. - FY2024-Q1Maintaining a year-end dividend of ¥9 per share and an annual dividend of ¥17 per shareAnnual report
「② Dividend per share: ¥9.00」
The year-end dividend for the fiscal year ended March 2023 was ¥9 per share. Including the interim dividend of ¥8 per share, the annual dividend was ¥17 per share, unchanged from the previous fiscal year. - FY2023RestatedAnnual report
「Based on the policy described above, the Company decided to pay a dividend of ¥17 per share for the current fiscal year, including an interim dividend of ¥8 per share.」
The Company continued its policy of stable dividends and increasing dividend levels in line with performance, resulting in an annual dividend of ¥17 per share. - FY2023-Q2AdvancedAnnual report
「② Dividend per share: ¥8.00」
The Company resolved to pay an interim dividend of ¥8 per share for the current fiscal year, up from the ¥7 interim dividend per share in the same period of the previous year. - FY2023-Q1SoftenedAnnual report
「28 June 2022 Annual General Meeting of Shareholders Common shares 162 10.00 31 March 2022 29 June 2022 Retained earnings」
The year-end dividend for the fiscal year ended March 2022 was ¥10 per share, down from the ¥12 year-end dividend per share in the previous year. No change to the stable dividend policy itself was stated. - FY2022SoftenedAnnual report
「Based on the policy described above, the Company decided to pay a dividend of ¥17 per share for the current fiscal year, including an interim dividend of ¥7 per share.」
The policy of stable dividends and increasing dividend levels in line with performance has been maintained, but the annual dividend decreased from ¥20 per share in the previous fiscal year to ¥17 and the interim dividend from ¥8 to ¥7. - FY2022-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 12 November 2021, the following resolution was passed regarding the interim dividend for the current fiscal year. ② Dividend per share: ¥7.00」
The interim dividend was ¥7 per share, reconfirming the resolution described for FY2022-Q2. - FY2022-Q2SoftenedAnnual report
「Board of Directors meeting held on 12 November 2021 Common shares 113 7.00 30 September 2021 2 December 2021 Retained earnings」
The interim dividend for the current fiscal year was ¥7 per share, down further from the ¥8 interim dividend per share in the previous fiscal year. - FY2021SoftenedAnnual report
「Based on the policy described above, the Company decided to pay a dividend of ¥20 per share for the current fiscal year, including an interim dividend of ¥8 per share.」
While maintaining its stable dividend and profit-return policy, the Company reduced the annual dividend from ¥31 per share in the previous fiscal year to ¥20 and the interim dividend from ¥15 to ¥8. - FY2021-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 13 November 2020, the following resolution was passed regarding the interim dividend for the current fiscal year. ② Dividend per share: ¥8.00」
The Company has reiterated an interim dividend of ¥8 per share, with no change from the dividend level indicated in the previous quarter. - FY2021-Q2SoftenedAnnual report
「At a meeting of the Board of Directors held on 13 November 2020, the following resolution was passed regarding the interim dividend for the current fiscal year. ② Dividend per share: ¥8.00」
The Company resolved to pay an interim dividend of ¥8 per share for the current fiscal year, down from the ¥15 interim dividend per share in the previous fiscal year. - FY2021-Q1RestatedAnnual report
「24 June 2020 Annual General Meeting of Shareholders Common shares 263 16.00 31 March 2020 25 June 2020 Retained earnings」
The Company paid a year-end dividend of ¥16 per share for the fiscal year ended March 2020, confirming the policy and dividend level of an annual ¥31 per share, including an interim dividend of ¥15. - FY2020AdvancedAnnual report
「Based on the policy described above, the Company decided to pay a dividend of ¥31 per share for the current fiscal year, including an interim dividend of ¥15 per share.」
The annual dividend was increased from ¥30 per share in the previous fiscal year to ¥31, raising the dividend level under the stable dividend and profit-return policy. - FY2020-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 8 November 2019, the following resolution was passed regarding the interim dividend for the current fiscal year. ② Dividend per share: ¥15.00」
The Company resolved to pay and paid an interim dividend of ¥15 per share for the current fiscal year, maintaining an annual dividend level of ¥30. - FY2020-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 8 November 2019, the following resolution was passed regarding the interim dividend for the current fiscal year. ② Dividend per share: ¥15.00」
The Company resolved to pay an interim dividend of ¥15 per share for the current fiscal year, reconfirming the dividend level indicated through the previous quarter. - FY2020-Q1RestatedAnnual report
「26 June 2019 Annual General Meeting of Shareholders Common shares 247 15.00 31 March 2019 27 June 2019 Retained earnings」
The Company paid a year-end dividend of ¥15 per share for the fiscal year ended March 2019, confirming the dividend level of ¥30 per share for the previous fiscal year, including an interim dividend of ¥15. - FY2019SoftenedAnnual report
「Based on the policy described above, the Company decided to pay a dividend of ¥30 per share for the current fiscal year, including an interim dividend of ¥15 per share.」
The stable dividend policy has been maintained, but the annual dividend decreased from ¥37 per share in the previous fiscal year to ¥30, and the interim dividend decreased from ¥18 to ¥15. - FY2019-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 9 November 2018, the following resolution was passed regarding the interim dividend for the current fiscal year. ② Dividend per share: ¥15.00」
The Company has reiterated the resolution and payment of an interim dividend of ¥15 per share, with no change in the amount from the previous quarter. - FY2019-Q2Interim dividend: ¥15 per shareAnnual report
「At a meeting of the Board of Directors held on 9 November 2018, the following resolution was passed regarding the interim dividend for the current fiscal year. ② Dividend per share: ¥15.00」
The Company resolved to pay an interim dividend of ¥15 per share for the current fiscal year, down from the ¥18 interim dividend per share in the previous fiscal year. - FY2019-Q1Year-end dividend: ¥19 per shareAnnual report
「29 June 2018 Annual General Meeting of Shareholders Common shares 313 19.00 31 March 2018 30 June 2018 Retained earnings」
The year-end dividend for the fiscal year ended March 2018 was ¥19 per share, changing from the previously stated ¥23 per share. - FY2018RestatedAnnual report
「Based on the policy described above, the Company decided to pay a dividend of ¥37 per share for the current fiscal year, including an interim dividend of ¥18 per share.」
The annual dividend was ¥37 per share, unchanged from the previous fiscal year, and the policy of stable dividends and a higher payout ratio continues. - FY2018-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 9 November 2017, the following resolution was passed regarding the interim dividend for the current fiscal year. ① Total interim dividend: ¥296 million ② Dividend per share: ¥18.00」
The Company resolved to pay an interim dividend of ¥18 per share for the current fiscal year, an increase from the ¥14 interim dividend per share in the previous fiscal year. - FY2018-Q1RestatedAnnual report
「28 June 2017 Annual General Meeting of Shareholders Common shares ¥378 million Dividend per share: ¥23.00」
Based on a resolution of the Annual General Meeting of Shareholders, the Company paid a dividend of ¥23 per share. This was the year-end dividend out of the ¥37 annual dividend determined for the previous fiscal year, with no change to the stable dividend policy itself. - FY2017AdvancedAnnual report
「Based on the policy described above, the Company decided to pay a dividend of ¥37 per share for the current fiscal year, including an interim dividend of ¥14 per share.」
The annual dividend was increased to ¥37 per share from ¥28 per share in the previous fiscal year, including an interim dividend of ¥14. The payout ratio was also 26.5%. - FY2017-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 7 November 2016, the following resolution was passed regarding the interim dividend for the current fiscal year. ① Total interim dividend: ¥198 million ② Dividend per share: ¥14.00」
The Company has again stated the payment of an interim dividend of ¥14 per share. There has been no new change to its stable dividend policy. - FY2017-Q2AdvancedAnnual report
「7 November 2016 Board of Directors Common shares Total dividends: ¥198 million Dividend per share: ¥14.00」
The Board resolved to pay an interim dividend of ¥14 per share, up from the ¥11 interim dividend per share in the same period of the previous year. - FY2017-Q1AdvancedAnnual report
「28 June 2016 Annual General Meeting of Shareholders Common shares Total dividends: ¥241 million Dividend per share: ¥17.00」
The dividend payment disclosed for the quarter was ¥17 per share, up from ¥13 per share stated for the same quarter of the previous year. - FY2016First statedAnnual report
「Alongside efforts to enhance corporate value, the Company regards maintaining stable returns of profits to shareholders and improving the payout ratio as important management priorities.」
Maintaining stable returns of profits and improving the payout ratio are important priorities. The dividend for the current fiscal year is ¥28 per share.