Change in the Consolidated Dividend Payout Ratio Target from 35% to 40%
First written in FY2016. 12 of 28 entries say "Advanced", first in FY2024-Q3. Latest entry: FY2027-H1.
43 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 31 July 2026, the Company resolved to acquire treasury shares and determined the specific acquisition method, pursuant to the provisions of Article 156 of the Companies Act as applied with the necessary changes under Article 165, paragraph 3 of the same Act. The Company acquired treasury shares on 3 August 2026.」
The treasury share acquisition policy progressed to the acquisition of 189,663,300 shares for ¥399,999 million through ToSTNeT-3 on 3 August 2026, followed by adjustment transactions through a facility-based treasury share acquisition. - FY2026AdvancedAnnual report
「Treasury shares acquired during the fiscal year 284,297,500 599,999,827,083」
Acquisitions under the treasury share acquisition policy through fiscal 2030 progressed, with approximately 28.5 million shares acquired during the fiscal year for approximately ¥600 billion. - FY2026-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 9 April 2025, the Company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied by replacing the terms under Article 165, paragraph 3 of the same Act. The Company is proceeding with the acquisition of up to 400,000,000 shares for a total amount of up to ¥600,000 million during the period from 10 April 2025 to 28 February 2026. As a result, the Company acquired 132,880,100 treasury shares during the interim consolidated accounting period.」
The large-scale treasury share acquisition policy through fiscal 2030 progressed to the execution stage, with acquisitions capped at 400 million shares and ¥600 billion in total, and 132,880,100 shares acquired during the interim period. - FY2025RaisedAnnual report
「In addition, the Company plans to acquire treasury shares for up to ¥600 billion in fiscal 2025, conduct total treasury share acquisitions of ¥1.4 trillion at approximately consistent annual levels from fiscal 2026 onward, and acquire treasury shares totaling ¥2 trillion by fiscal 2030.」
In addition to its previous policy of a total payout ratio of at least 50% and progressive dividends, the Company substantially increased the scale of its shareholder returns policy by planning to acquire ¥2 trillion of treasury shares by fiscal 2030. - FY2025-H1Payment of Interim DividendsAnnual report
「10 October 2024 Board of Directors Common shares 51,980 million yen 20.00 yen」
The Company resolved to pay an interim dividend of ¥51,980 million in total, or ¥20 per share, with 31 August 2024 as the record date. The per-share dividend reflects the stock split conducted on 1 March 2024. - FY2025-Q1AchievedAnnual report
「(2) Total number of shares acquired 37,370,500 shares (2) Total acquisition cost of shares acquired ¥109,999,868,237 *Of the total shares acquired, 8,699,800 shares were cancelled on 29 February 2024.」
The treasury share acquisition resolved on 30 November 2023 ended on 17 May 2024, with 37,370,500 shares acquired for approximately ¥110 billion. Some of the acquired shares were cancelled. - FY2024RaisedAnnual report
「The Company will return capital to shareholders with a target total payout ratio of at least 50% on a cumulative basis for fiscal 2023 through fiscal 2025, while steadily and continuously increasing dividends per share. From fiscal 2024, it will introduce progressive dividends, increasing dividends in line with sustainable profit growth.」
In addition to its target total payout ratio of at least 50%, the Company indicated that it would introduce progressive dividends from fiscal 2024, increasing dividends in line with profit growth. - FY2024-Q3AdvancedAnnual report
「Maximum number of shares that may be acquired: 25,000,000 shares (2.83% of total shares issued, excluding treasury shares) Maximum total acquisition cost: ¥110,000,000,000 Acquisition period: 1 December 2023 to 31 May 2024」
Under its policy of a cumulative total payout ratio of at least 50% for fiscal 2023 through fiscal 2025, the Company resolved to acquire treasury shares up to a maximum of 25 million shares and ¥110 billion in total, and specified a plan to cancel the acquired shares. - FY2024-Q1Increase in dividend per shareAnnual report
「25 May 2023 Annual General Meeting of Shareholders Common shares 56,172 million yen 63.50 yen」
The dividend per share approved at the May 2023 Annual General Meeting of Shareholders was ¥63.50, including a ¥10 commemorative dividend marking the 50th anniversary. - FY2023RaisedAnnual report
「The Company will return capital to shareholders with a target cumulative total payout ratio of at least 50%, while steadily and continuously increasing dividends per share.」
The Company changed its policy from the previous explicit 40% payout ratio to a shareholder return policy targeting a cumulative total payout ratio of at least 50% for fiscal 2023 through fiscal 2025. - FY2023-Q2Increase in the interim dividendAnnual report
「6 October 2022 Board of Directors Common shares 43,788 million yen 49.50 yen」
The Company resolved to pay an interim dividend of ¥49.50 per share, with 31 August 2022 as the record date, up from ¥48.00 in the same period of the previous year. - FY2023-Q1Increase in dividend per shareAnnual report
「22 May 2022 Annual General Meeting of Shareholders Common shares 45,999 million yen 52.00 yen」
The dividend per share approved at the May 2022 Annual General Meeting of Shareholders was ¥52, up from ¥51 in the previous year. - FY2022SoftenedAnnual report
「The Company bases its policy on steadily and continuously increasing dividends per share. It will also consider flexible capital policies in light of free cash flow levels, share price and other factors.」
The previous explicit target of a 40% consolidated payout ratio is no longer stated, and the policy has shifted to steadily and continuously increasing dividends while taking free cash flow and other factors into account. - FY2019RestatedAnnual report
「For dividends per share, the Company will seek further increases while maintaining its target consolidated payout ratio of 40%.」
The Company has reconfirmed its policy of maintaining a consolidated payout ratio target of 40% and seeking further increases. - FY2018RestatedAnnual report
「For dividends per share, the Company will seek further increases while maintaining its target consolidated payout ratio of 40%.」
The Company has reconfirmed its policy of maintaining a consolidated payout ratio target of 40% and seeking further increases. - FY2017RestatedAnnual report
「For dividends per share, the Company will seek further increases while maintaining its target consolidated payout ratio of 40%.」
The Company has reconfirmed its policy of maintaining a consolidated payout ratio target of 40% and seeking further increases. - FY2016RaisedAnnual report
「For dividends per share, the Company has changed its target consolidated payout ratio from the previous 35% to 40%, as the outlook for profit growth has become more certain.」
The Company has raised its target payout ratio from 35% to 40%.