Dividend growth policy based on stable dividends
First written in FY2016. 16 of 40 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2027-H1.
29 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 29 September 2026, the following resolution was passed concerning the interim dividend for the current period. (a) Total interim dividend: ¥3,399 million (b) Dividend per share: ¥24.00」
The company resolved to pay an interim dividend of ¥24 per share. This was an increase from ¥23 per share in the same period of the previous year and reflected a payment in line with its policy of increasing dividends on the basis of stable dividends. - FY2026RaisedAnnual report
「In light of the stabilization of our earnings base and improvement in cash generation, we will change the target consolidated dividend payout ratio to 40% from the fiscal year ending February 2027 in order to further enhance shareholder returns. To continue promoting growth investments centered on M&A, we will allocate capital according to priorities for share buybacks and other measures.」
The policy was changed from the previous target consolidated dividend payout ratio of 35% to 40% from the fiscal year ending February 2027. The annual dividend is expected to be ¥47, and the dividend for the following fiscal year is expected to be ¥48. - FY2026-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 26 September 2025, the following resolution was passed regarding the interim dividend for the current period. (a) Total interim dividend: ¥3,193 million (b) Dividend per share: ¥23.00」
The company resolved to pay an interim dividend of ¥23 per share for the current period. The dividend increased from ¥22 in the same period of the previous fiscal year, in line with the policy of increasing dividends based on stable dividends. - FY2025-H1RestatedAnnual report
「At a meeting of the Board of Directors held on 27 September 2024, the following resolution was passed regarding the interim dividend for the current period. (a) Total interim dividend: ¥3,054 million (b) Dividend per share: ¥22.00」
The company resolved to pay an interim dividend of ¥22 per share for the current period. No change was disclosed from the annual dividend of ¥42 indicated for the previous fiscal year or the policy of targeting a consolidated dividend payout ratio of 35%. - FY2025-Q1RestatedAnnual report
「30 May 2024 Annual General Meeting of Shareholders Common shares 3,054 22.0 29 February 2024 31 May 2024 Retained earnings」
The company paid a year-end dividend of ¥22 per share for the fiscal year ended February 2024. No change was disclosed from the annual dividend of ¥42 indicated for the previous fiscal year or the policy of targeting a consolidated dividend payout ratio of 35%. - FY2024AdvancedAnnual report
「The year-end dividend for the current fiscal year will be ¥22 per share. Combined with the interim dividend of ¥20 per share, the annual dividend will be ¥42 per share. The dividend forecast for the following fiscal year is ¥44 per share, consisting of an interim dividend of ¥22 and a year-end dividend of ¥22.」
The annual dividend was set at ¥42, and the dividend forecast for the following fiscal year was raised to ¥44. The policy of targeting a consolidated dividend payout ratio of 35% also remains in place. - FY2024-Q2RestatedAnnual report
「(b) Amount per share: ¥20.00」
The company resolved to pay an interim dividend of ¥20 per share, with 31 August 2023 as the record date. The amount was unchanged from the ¥20 interim dividend paid for the same period of the previous year. - FY2024-Q1RestatedAnnual report
「25 May 2023 Annual General Meeting of Shareholders Common shares 2,867 20.0 28 February 2023 26 May 2023 Retained earnings」
The company paid a year-end dividend of ¥20 per share for the previous fiscal year. No change was indicated from the previous year’s annual dividend of ¥40 or the policy of targeting a consolidated dividend payout ratio of 35%. - FY2023RaisedAnnual report
「The company’s policy is to target a consolidated dividend payout ratio of 35%, while securing funds for capital expenditure and other investments necessary for sustainable growth and increasing dividends in line with earnings growth.」
The policy was changed from the previous target dividend payout ratio of 30% to a target consolidated dividend payout ratio of 35%, and the annual dividend became ¥40 per share. - FY2023-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 29 September 2022, the following resolution was passed regarding the interim dividend for the current period. (a) Total interim dividend: ¥2,986 million (b) Dividend per share: ¥20.00 (c) Effective date of dividend claim and payment commencement date: 1 November 2022」
The company reaffirmed that it paid an interim dividend of ¥20 per share. No change was disclosed to the dividend policy based on the increased dividend from ¥16 in the same period of the previous year and stable dividends. - FY2023-Q2AdvancedAnnual report
「(b) Amount per share: ¥20.00」
The company resolved to pay an interim dividend of ¥20 per share for which 31 August 2022 was the record date. This was an increase from ¥16 in the same period of the previous year. - FY2023-Q1RestatedAnnual report
「26 May 2022 Annual General Meeting of Shareholders Common shares 2,538 17.0 28 February 2022 27 May 2022 Retained earnings」
The year-end dividend of ¥17 per share resolved in the previous fiscal year was paid on 27 May 2022. No change was indicated in the dividend policy based on stable dividends. - FY2022AdvancedAnnual report
「Dividends of surplus for the fiscal year are as follows.」
In addition to the fiscal year's interim dividend of ¥16, the company resolved to pay a year-end dividend of ¥17, bringing the annual dividend to ¥33 per share. This was an increase from the previous year's annual dividend of ¥32. - FY2022-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 29 September 2021, the following resolutions were passed concerning the interim dividend for the fiscal year: (a) Total interim dividend payment: ¥2,389 million (b) Amount per share: ¥16.00」
The resolution and payment of an interim dividend of ¥16 per share were reconfirmed. No change was indicated in the policy of maintaining stable dividends. - FY2022-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 29 September 2021, the following resolutions were passed concerning the interim dividend for the fiscal year: (a) Total interim dividend payment: ¥2,389 million (b) Amount per share: ¥16.00」
The company resolved to pay an interim dividend of ¥16 per share. The amount was unchanged from the previous year's interim dividend, and no change was indicated in the policy of maintaining stable dividends. - FY2022-Q1RestatedAnnual report
「27 May 2021 Annual General Meeting of Shareholders Common shares 2,450 16.0 28 February 2021 28 May 2021 Retained earnings」
The company reported paying a year-end dividend of ¥16 per share on 28 May 2021. No new change was indicated in the policy or level of annual dividends of ¥32. - FY2021AdvancedAnnual report
「Dividend per share (yen) 32.00 (Including interim dividend per share) ( 16.00 )」
The annual dividend was ¥32 per share, an increase from ¥28 in the previous fiscal year. An interim dividend of ¥16 and a year-end dividend of ¥16 were paid. - FY2021-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 29 September 2020, the following resolutions were passed concerning the interim dividend for the fiscal year: (a) Total interim dividend payment: ¥2,418 million (b) Amount per share: ¥16.00 (c) Effective date of the demand for payment and payment commencement date: 2 November 2020」
It was reconfirmed that an interim dividend of ¥16 per share had been paid. There was no change in the dividend amount or the policy of maintaining stable dividends presented in the previous quarter. - FY2021-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 29 September 2020, the following resolutions were passed concerning the interim dividend for the fiscal year: (a) Total interim dividend payment: ¥2,418 million (b) Amount per share: ¥16.00」
The company resolved to pay an interim dividend of ¥16 per share. This was an increase from ¥14 in the same period of the previous year, representing a payment in line with the policy of increasing dividends according to profit growth on the basis of stable dividends. - FY2021-Q1RestatedAnnual report
「28 May 2020 Annual General Meeting of Shareholders Common shares 1,919 14.0 29 February 2020 29 May 2020 Retained earnings」
A dividend of ¥14 per share was paid on 29 May 2020. The amount was unchanged from the same period of the previous year, and no change was reported in the policy of maintaining stable dividends or the target payout ratio of 30%. - FY2020-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 27 September 2019, the following resolutions were passed concerning the interim dividend for the fiscal year: (a) Total interim dividend payment: ¥1,884 million (b) Amount per share: ¥14.00」
Payment of an interim dividend of ¥14 per share was reported. There was no change in the dividend amount or policy from the previous resolution. - FY2020-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 27 September 2019, the following resolutions were passed concerning the interim dividend for the fiscal year: (a) Total interim dividend payment: ¥1,884 million (b) Amount per share: ¥14.00 (c) Effective date of the demand for payment and payment commencement date: 1 November 2019」
The company resolved to pay an interim dividend of ¥14 per share. This was an increase from ¥13 in the same period of the previous year, representing a specific payment in line with the policy of increasing dividends on the basis of stable dividends. - FY2020-Q1AdvancedAnnual report
「30 May 2019 Annual General Meeting of Shareholders Common shares 1,884 14.0 28 February 2019 31 May 2019 Retained earnings」
A dividend of ¥14 per share was paid on 31 May 2019. This was an increase from ¥13 per share in the same period of the previous year, representing a payment in line with the policy of increasing dividends according to profit growth on the basis of stable dividends. - FY2019-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 28 September 2018, the following resolutions were passed concerning the interim dividend for the fiscal year: (a) Total interim dividend payment: ¥1,761 million (b) Amount per share: ¥13.00」
The company resolved to pay an interim dividend of ¥13 per share. The amount was unchanged from the same period of the previous year, and no change was reported in the policy of maintaining stable dividends or the target payout ratio of 30%. - FY2019-Q130% payout ratio target explicitly statedAnnual report
「The company considers it important to maintain stable dividends for shareholders and intends to increase dividends and take other measures in line with growth in earnings per share, targeting a payout ratio of 30%.」
In addition to the policy of maintaining stable dividends and increasing dividends according to profit growth, the company explicitly stated a target payout ratio of 30%. - FY2018AdvancedAnnual report
「The year-end dividend for the fiscal year was set at ¥13 per share, bringing the annual dividend, including the interim dividend of ¥13 per share, to ¥26 per share.」
Under the policy of increasing dividends according to profit growth on the basis of stable dividends, the annual dividend was set at ¥26 per share. This was an increase from the previous year's annual dividend of ¥24. - FY2018-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 29 September 2017, the following resolutions were passed concerning the interim dividend for the fiscal year: (a) Total interim dividend payment: ¥1,846 million (b) Amount per share: ¥13.00 (c) Effective date of the demand for payment and payment commencement date: 1 November 2017」
Payment of an interim dividend of ¥13 per share was reported. There was no change in the amount or policy from the resolution in the previous quarter. - FY2018-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 29 September 2017, the following resolution was passed concerning the interim dividend for the fiscal year: (b) Amount per share: ¥13.00」
The company resolved to pay an interim dividend of ¥13 per share. This was an increase from the ¥11 interim dividend for the same period of the previous year, representing a specific dividend payment in line with the policy of increasing dividends according to profit growth on the basis of stable dividends. - FY2017AdvancedAnnual report
「The year-end dividend for the fiscal year was set at ¥13 per share, bringing the annual dividend, including the interim dividend of ¥11 per share, to ¥24 per share.」
Under the policy of increasing dividends according to profit growth on the basis of stable dividends, the annual dividend was set at ¥24 per share and the year-end dividend at ¥13 per share. - FY2017-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 27 September 2016, the following resolution was passed concerning the interim dividend for the fiscal year: (b) Amount per share: ¥11.00」
Payment of an interim dividend of ¥11 per share was reported. There was no change in the amount or policy from the dividend resolved in the previous quarter. - FY2017-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 27 September 2016, the following resolution was passed concerning the interim dividend for the fiscal year: (b) Amount per share: ¥11.00」
The company resolved to pay an interim dividend of ¥11 per share. This was an increase from the ¥10 interim dividend for the same period of the previous year, representing a specific dividend payment in line with the policy of increasing dividends according to profit growth on the basis of stable dividends. - FY2016First statedAnnual report
「The company intends to increase dividends and take other measures in line with growth in earnings per share, while maintaining stable dividends as the foundation.」
The company made annual dividends, paid twice a year as interim and year-end dividends, the basic policy, and set the annual dividend for the fiscal year at ¥21 per share.