Restar (3156) · TargetDropped
Target consolidated payout ratio
First written in FY2016. 1 of 5 entries say "Softened", first in FY2017. Latest entry: FY2021.
5entries
6years
0from disclosures
How it moved
Same theme, other companies
Dividend policy based on the consolidated net assets dividend ratio and dividend payout ratioA theme 411 companies write about · 0 as a headwind · 421 as a tailwind
0 other companies' latest entry also says "Dropped".
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 197 companies compared. The sentences above are computed from all 197.Comparing 200 of the theme's 423 threads.Full recordFilings, disclosures and news, newest first
- FY2021DroppedAnnual reportThe previous targets for the consolidated dividend payout ratio of 25–30% or 35–40% are not reiterated in the current year's dividend policy.
- FY2019ReframedAnnual report
「• The Company will maintain stable and continuous dividends over the medium term, with a total payout ratio of 50% or more.」
The wording has changed from the previous target for the consolidated dividend payout ratio to a shareholder return metric centered on a total payout ratio of 50% or more following the management integration. - FY2018RaisedAnnual report
「Based on the above basic policy, the Company targets a consolidated dividend payout ratio of 35–40%.」
The target for the consolidated dividend payout ratio has been raised from 25–30% in the previous fiscal year to 35–40%. - FY2017SoftenedAnnual report
「Based on the above basic policy, the Company targets a consolidated dividend payout ratio of 25–30%.」
The previous time-based targets of 20–25% in the short term and 25–30% over the medium term within 3 years have been changed to a single target of 25–30%, with no time frame stated. - FY2016First statedAnnual report
「The Company aims for a consolidated dividend payout ratio of approximately 20–25% in the short term and 25–30% over the medium term, defined as within 3 years.」
The Company specifies different dividend payout ratio ranges for the short term and the medium term within 3 years.