Stable and continuous dividends with a total payout ratio of 50% or more
First written in FY2019. 2 of 7 entries say "Restated". Latest entry: FY2026.
- FY2026AdvancedAnnual report
「・Consolidated dividend on equity (DOE) of 4% or more ・Stable and continuous dividend increases ・Flexible share repurchases using surplus funds」
After shifting from a policy of a total payout ratio of 50% or more to one centered on a DOE of 4% or more, the company delivered a DOE of 4.0% and annual dividends of ¥128 for the fiscal year. - 2026-05-29RestatedDividends
「当社の 2027 年３月期を最終年度とする中期経営計画の期間における株主還元の基本方針は以下のとおりです。 ・安定的な株主還元の充実、成長領域への積極的な投資と財務健全性のバランスを考慮 ・連結株主資本配当率(ＤＯＥ)４％以上 ・安定的且つ継続的に増配の実施 ・余剰資金については機動的な自社株買い」
従来の総還元性向50％以上ではなく、DOE4％以上、継続増配、機動的な自社株買いを柱とする還元方針を再確認している。 - FY2025-H1AdvancedAnnual report
「Results of the acquisition of treasury shares" "(2) Total number of shares acquired: 2,500,000 shares (8.31% of the total number of issued shares excluding treasury shares)" "(4) Acquisition date: 1 October 2024"」
Under a resolution dated 26 September 2024, the company acquired 2.5 million treasury shares, equivalent to 8.31% of total issued shares, on 1 October. - FY2024ReframedAnnual report
「・Consolidated dividend on equity (DOE) of 4% or more ・Stable and continuous dividend increases ・Flexible share repurchases using surplus funds」
Under the medium-term management plan ending with the fiscal year ending March 2027, the company has shifted its shareholder return metrics and methods from the previous total payout ratio of 50% or more to a DOE of 4% or more, continuous dividend increases, and flexible treasury share purchases. - FY2023RestatedAnnual report
「In addition to active strategic and rationalization investments for future growth, we will continue to review the appropriate allocation of capital, including the promotion of shareholder returns, and work to enhance corporate value through further profit growth and improved capital efficiency.」
The specific target of a total payout ratio of 50% or more was not reiterated, while the company reaffirmed its review of appropriate capital allocation, including strategic and rationalization investments and shareholder returns. - FY2021SoftenedAnnual report
「Based on our consolidated earnings forecast for the current fiscal year, we will seek to enhance returns to shareholders, including by paying dividends and considering the acquisition of treasury shares, while emphasizing financial stability.」
The specific target of a total payout ratio of 50% or more was not reiterated in the current year's dividend policy, which instead refers to paying dividends, considering the acquisition of treasury shares, and continuously reviewing capital allocation. - FY2019First statedAnnual report
「・We will maintain stable and continuous dividends over the medium term by setting a total payout ratio of 50% or more. ・By actively making strategic investments for future growth, we will work to further expand profit and continuously improve and enhance capital efficiency.」
As its shareholder return policy following the management integration, the company set a total payout ratio of 50% or more and stable, continuous dividends, while indicating that these would be pursued alongside strategic investment.