Shareholder returns targeting a dividend payout ratio of at least 50% and a total payout ratio of 100%
First written in FY2016. 16 of 29 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2026.
67 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Specifically, we aim for a payout ratio of 50% or more and will consider flexible share buybacks to further enhance shareholder returns.」
The policy of targeting a payout ratio of 50% or more and the stance of considering share buybacks remain in place. For the fiscal year, a year-end dividend of ¥5 per share, totaling ¥76.559 million, was determined by a resolution dated 14 May 2026. The payout ratio was 47.8%. - FY2026-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 13 May 2025, the company resolved to pay a dividend from retained earnings as follows. (a) Total dividend amount………………………………………¥76.562 million (b) Dividend per share………………………………………¥5.00」
For the dividend based on the record date of 31 March 2025, the amount increased from ¥4 to ¥5 per share, bringing the total dividend to ¥76.562 million. - FY2025-H1AdvancedAnnual report
「14 May 2024 Board of Directors Common shares 61,253 4 31 March 2024 28 June 2024 Retained earnings」
In connection with the existing shareholder return policy, a dividend of ¥4 per share, totaling ¥61.253 million, based on the record date of 31 March 2024, was paid on 28 June 2024. - FY2024RestatedAnnual report
「Specifically, we aim for a consolidated payout ratio of 50% or more and will consider flexible share buybacks to further enhance shareholder returns.」
The policy of targeting a payout ratio of 50% or more and considering flexible share buybacks remains in place. During the fiscal year, the company paid a dividend of ¥4 per share and acquired 610,000 treasury shares, while the payout ratio is stated as 49.5%. - FY2024-Q2RestatedAnnual report
「11 May 2023 Board of Directors Common shares 63,695 4 31 March 2023 30 June 2023 Retained earnings Based on a resolution of the Board of Directors meeting held on 25 May 2023, the company acquired 610,000 treasury shares.」
The company paid a dividend of ¥4 per share, totaling ¥63.695 million, and acquired 610,000 treasury shares. No new changes to the existing shareholder return policy are stated. - FY2024-Q1AdvancedAnnual report
「11 May 2023 Board of Directors Common shares 63,695 4 31 March 2023 30 June 2023 Retained earnings Based on a resolution of the Board of Directors meeting held on 25 May 2023, the company acquired 610,000 treasury shares. As a result of this and other treasury share acquisitions, treasury shares increased by ¥81.158 million during the first quarter of the fiscal year, and amounted to ¥829.748 million at the end of the first quarter.」
In addition to paying a dividend of ¥4 per share, totaling ¥63.695 million, the company acquired 610,000 treasury shares pursuant to the resolution dated 25 May 2023. The treasury share balance was ¥829.748 million, and treasury shares accounted for 21.30% of shares in the voting rights position. - FY2023RestatedAnnual report
「Specifically, we aim for a consolidated payout ratio of 50% or more and will consider flexible share buybacks to further enhance shareholder returns.」
The policy of targeting a payout ratio of 50% or more and considering share buybacks remains in place. For the fiscal year ending March 2023, the dividend was ¥4 per share and the payout ratio was 55.0%, exceeding the target level. The wording on a total payout ratio of 100% continues not to be included. - FY2023-Q3RestatedAnnual report
「12 May 2022 Board of Directors Common shares 47,772 3 31 March 2022 30 June 2022 Retained earnings」
In connection with the shareholder return policy, which has set a payout ratio of 50% or more and a total payout ratio of 100%, the company has reconfirmed the payment of a dividend of ¥3 per share, totaling ¥47.772 million, based on the record date of 31 March 2022. - FY2023-Q1AdvancedAnnual report
「12 May 2022 Board of Directors Common shares 47,772 3 31 March 2022 30 June 2022 Retained earnings」
In connection with the existing shareholder return policy, a dividend of ¥3 per share, totaling ¥47.772 million, based on the record date of 31 March 2022, was paid on 30 June 2022. - FY2022SoftenedAnnual report
「Specifically, we aim for a consolidated payout ratio of 50% or more and will consider flexible share buybacks to further enhance shareholder returns.」
While the target payout ratio of 50% or more has been maintained, the previously stated target of a total payout ratio of 100% has been removed from the policy wording for the fiscal year, and the wording on share buybacks has been softened from “implement” to “consider.” The dividend per share for the fiscal year was ¥3, and the payout ratio was 42.6%. - FY2022-Q3RestatedAnnual report
「Based on a resolution passed by the Board of Directors on 11 November 2021, the company acquired 250,000 treasury shares. As a result of this and other treasury share acquisitions, treasury shares increased by ¥30.797 million during the cumulative third quarter of the fiscal year, and treasury shares amounted to ¥748.532 million at the end of the third quarter accounting period.」
In connection with the existing policy of a dividend payout ratio of at least 50% and a total payout ratio of 100%, the acquisition of 250,000 treasury shares in November 2021 was also confirmed in the financial statements. No change to the policy itself was stated. - FY2022-Q2AdvancedAnnual report
「The Company intends to acquire treasury shares to improve capital efficiency, enable the flexible implementation of capital policies, and as part of its shareholder return measures.」
Based on a resolution passed by the Board of Directors on 11 November 2021, the company acquired 250,000 treasury shares for ¥30,750,000 on 12 November 2021. The acquisition represented 1.54% of the total number of issued shares excluding treasury shares, and the company carried out a specific treasury share acquisition. - FY2022-Q1AdvancedAnnual report
「13 May 2021 Board of Directors Common shares 32,349 2 31 March 2021 30 June 2021 Retained earnings」
In connection with the existing policy of a dividend payout ratio of at least 50% and a total payout ratio of 100%, the company paid dividends of ¥32.349 million, or ¥2 per share, based on a record date of 31 March 2021, on 30 June 2021. - FY2021AdvancedAnnual report
「Status of the resolution at the Board of Directors meeting (28 January 2021) (acquisition period: 29 January 2021 to 29 January 2021) 570,000 71,250,000」
Under the existing policy of a dividend payout ratio of at least 50% and a total payout ratio of 100%, the company acquired 570,000 treasury shares for ¥71,250,000. At the end of the current fiscal year, treasury shares totalled 4,061,268, representing 20.06% of the total number of issued shares. - FY2021-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 28 January 2021, the company resolved to acquire treasury shares and determined the specific acquisition method pursuant to Article 156 of the Companies Act, as applied with the necessary changes under Article 165, paragraph 3 of that Act. The acquisition was completed on 29 January 2021. Total shares acquired: 570,000; total acquisition cost: ¥71,250,000.」
The company completed the acquisition of 570,000 treasury shares for a total acquisition cost of ¥71,250,000 on 29 January 2021, citing improved capital efficiency, flexible capital policy and shareholder returns. - FY2021-Q2AdvancedAnnual report
「14 May 2020 Board of Directors Common shares 33,491 2 31 March 2020 29 June 2020 Retained earnings」
In connection with the existing shareholder return policy, the company paid dividends of ¥33.491 million, or ¥2 per share, on 29 June 2020, based on a record date of 31 March 2020. - FY2020AdvancedAnnual report
「The entire capital reserve will be reduced and transferred to other capital surplus, and the entire legal retained earnings reserve will be reduced and transferred to retained earnings brought forward.」
A proposal to reduce the capital reserve by ¥282.370 million and the legal retained earnings reserve by ¥18.300 million was approved on 26 June 2020, with the aim of continuing a stable dividend policy and ensuring flexibility in capital policy. The policy of a dividend payout ratio of at least 50% and a total payout ratio of 100% remains in place. - FY2020-Q3RestatedAnnual report
「As of the end of the third quarter accounting period, the number of treasury shares was 3,490,605, including 52 shares acquired through the purchase of less-than-one-unit shares. This represented 17.25% of the total number of issued shares.」
The company reconfirmed its treasury share holdings. Treasury shares totalled 3,490,605, representing 17.25% of the total number of issued shares, and no change to the shareholder return policy itself was stated. - FY2020-Q1AdvancedAnnual report
「14 May 2019 Board of Directors Common shares 33,491 2 31 March 2019 28 June 2019 Retained earnings」
In connection with the existing shareholder return policy, the company paid dividends of ¥33.491 million, or ¥2 per share, on 28 June 2019, based on a record date of 31 March 2019. - FY2019RestatedAnnual report
「Specifically, we will continue to target a consolidated dividend payout ratio of at least 50% and will also acquire treasury shares flexibly to further enhance shareholder returns. For the time being, we will target a total payout ratio of 100% for shareholder returns through dividends and treasury share acquisitions.」
There has been no change to the policy of a dividend payout ratio of at least 50%, a total payout ratio of 100% and flexible treasury share acquisitions. The dividend for the fiscal year was ¥2 per share, totalling ¥33.491 million, and treasury shares increased by 1,400,569 to 3,490,202 at the end of the fiscal year. - FY2019-Q3AdvancedAnnual report
「Based on resolutions passed at meetings of the Board of Directors held on 29 November 2018 and 10 December 2018, the company acquired 1,400,000 common shares during the third quarter accounting period through an off-auction purchase of treasury shares via ToSTNeT-3. As a result, the number of treasury shares held as of the end of the third quarter accounting period was 3,490,137, including shares acquired through the purchase of less-than-one-unit shares. This represented 17.25% of the total number of issued shares.」
In connection with the shareholder return policy, the company acquired 1,400,000 treasury shares based on resolutions passed by the Board of Directors on 29 November and 10 December 2018. Treasury shares totalled 3,490,137, representing 17.25% of the total number of issued shares. - FY2019-Q1AdvancedAnnual report
「11 May 2018 Board of Directors Common shares 36,292 2 31 March 2018 29 June 2018 Retained earnings」
In connection with the existing shareholder return policy, the company paid dividends of ¥36.292 million, or ¥2 per share, based on a record date of 31 March 2018. - FY2018RestatedAnnual report
「Specifically, we will continue to target a consolidated dividend payout ratio of at least 50% and will also acquire treasury shares flexibly to further enhance shareholder returns. For the time being, we will target a total payout ratio of 100% for shareholder returns through dividends and treasury share acquisitions.」
There has been no change to the policy of a dividend payout ratio of at least 50%, a total payout ratio of 100% and flexible treasury share acquisitions. The dividend for the fiscal year was ¥2 per share, with a dividend payout ratio of 69.7%. - FY2018-Q3RestatedAnnual report
「11 May 2017 Board of Directors Common shares 72,588 4 31 March 2017 30 June 2017 Retained earnings」
The company reiterated the payment of dividends of ¥4 per share, totalling ¥72.588 million, in connection with the existing shareholder return policy. No change to the policy of a dividend payout ratio of at least 50% and a total payout ratio of 100% was stated. - FY2018-Q2RestatedAnnual report
「11 May 2017 Board of Directors Common shares 72,588 4 31 March 2017 30 June 2017 Retained earnings」
In connection with the existing policy of a dividend payout ratio of at least 50% and a total payout ratio of 100%, the company stated that it paid dividends of ¥4 per share, totalling ¥72.588 million. There has been no change to the policy. - FY2018-Q1AdvancedAnnual report
「Common shares 72,588 4 31 March 2017 30 June 2017 Retained earnings」
Under the existing shareholder return policy, the company paid dividends of ¥72.588 million, or ¥4 per share, on 30 June 2017, based on a record date of 31 March 2017. No change to the policy itself was stated. - FY2017RestatedAnnual report
「Specifically, we will continue to target a consolidated dividend payout ratio of at least 50% and will also acquire treasury shares flexibly to further enhance shareholder returns. For the time being, we will target a total payout ratio of 100% for shareholder returns through dividends and treasury share acquisitions.」
There has been no change to the policy of a dividend payout ratio of at least 50%, a total payout ratio of 100% and flexible treasury share acquisitions. The dividend for the fiscal year was ¥4 per share, for a total of ¥72 million. - FY2017-Q2AdvancedAnnual report
「Common shares 72,595 2 31 March 2016 30 June 2016 Retained earnings」
In connection with the existing shareholder return policy, the company paid dividends of ¥72.595 million based on a record date of 31 March 2016. No change to, or assessment of achievement of, the targets of a dividend payout ratio of at least 50% and a total payout ratio of 100% was stated. - FY2016First statedAnnual report
「Specifically, we will continue to target a consolidated dividend payout ratio of at least 50% and will also acquire treasury shares flexibly to further enhance shareholder returns. For the time being, we will target a total payout ratio of 100% for shareholder returns through dividends and treasury share acquisitions.」
The company has established a shareholder return policy of a dividend payout ratio of at least 50%, a total payout ratio of 100% and flexible treasury share acquisitions. During the current fiscal year, it acquired 2,048,927 treasury shares.