Target payout ratio of at least 20%
First written in FY2020. 3 of 6 entries say "Restated". Latest entry: 2026-08-07.
38 other companies' latest entry also says "Restated".
- FY2025ReframedAnnual report
「This also reflects the change in March 2025 from a shareholder return indicator of a payout ratio of at least 20% to a total payout ratio of at least 40%, an indicator placing greater emphasis on shareholder returns.」
The shareholder return indicator was changed from a payout ratio of at least 20% to a total payout ratio of at least 40%, including dividends and share repurchases. The cumulative shareholder returns over the three-year period were also increased from ¥100 billion to ¥130 billion. - FY2021AchievedAnnual report
「ROE was 26.4% (6.4 percentage points above target), the equity ratio was 33.4% (3.4 percentage points above target), and the payout ratio was 20.3% (0.3 percentage points above target), exceeding all targets.」
Against the new medium-term management plan's target payout ratio of at least 20.0%, the payout ratio for the fiscal year ended September 2021 was 20.3%, exceeding the target. - FY2020First statedAnnual report
「In November 2017, we formulated the medium-term management plan "Hop Step 5000." As management targets for the final year, the fiscal year ending September 2020, we set net sales of ¥500,000 million, ordinary profit of ¥60,000 million and net income attributable to owners of the parent of ¥40,000 million, as well as capital policy targets of ROE of 30.0%, an equity ratio of 30.0% and a payout ratio of at least 20.0%.」
A payout ratio of at least 20.0% was recorded for the first time as a monitored target under the capital policy of the medium-term management plan. The actual payout ratio for the fiscal year ended September 2020 was 15.2%, but was explained as 21.7% excluding the equity-method investment gain from Pressance Corporation.