Policy of continuing stable dividends while reflecting consolidated performance
First written in FY2017. 4 of 9 entries say "Restated". Latest entry: 2026-08-06.
38 other companies' latest entry also says "Restated".
- 2026-08-06RestatedPresentation materials for financial results
「We will work to continue stable dividends with a payout ratio of at least 45%.」
The policy of a payout ratio of at least 45% and stable dividends was reconfirmed. - FY2026RaisedAnnual report
「Our policy is to make profit returns primarily by reflecting consolidated results while striving to maintain stable dividends at a consolidated dividend payout ratio of 45% or higher.」
The dividend policy changed from the previous payout ratio of 40%–50% to 45% or higher, and the new medium-term plan stated a target total payout ratio of approximately 70%, including share repurchases. - FY2024RestatedAnnual report
「Our policy is to make profit returns primarily by reflecting consolidated results while striving to maintain stable dividends within a consolidated dividend payout ratio of 40%–50%.」
Reaffirmed the policy of maintaining stable dividends within a 40%–50% payout ratio range while reflecting consolidated results. - FY2023ReframedAnnual report
「Our policy is to make profit returns primarily by reflecting consolidated results while striving to maintain stable dividends within a consolidated dividend payout ratio of 40%–50%.」
Organized the policy around a specific consolidated dividend payout ratio range of 40%–50%, replacing the previous policy of “maintaining stable dividends while reflecting consolidated results.” - FY2017First statedAnnual report
「Our policy is to make profit returns primarily by reflecting consolidated results while striving to maintain stable dividends.」
Explicitly stated a dividend policy combining linkage to consolidated results with stable dividends.