Komori
Toray Industries (3402) · PolicyRaised

Appropriate Dividends Based on Business Performance, Financial Condition and Future Investment

First written in FY2016. 11 of 33 entries say "Restated". Latest entry: 2026-08-06.

33entries
11years
5from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2020-Q1 – FY2022-Q3OtherFY2024-Q1 – FY2026-H12016: 220162017: 320172018: 320182019: 320192020: 320202021: 320212022: 320222023: 320232024: 220242025: 220252026: 62026
Same theme, other companies
Capital allocation policy balancing future investment and shareholder dividendsA theme 513 companies write about · 0 as a headwind · 515 as a tailwind

50 other companies' latest entry also says "Raised".

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 517 threads.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-06RaisedRevisions to earnings forecasts

    「2027年3月期第2四半期末配当金(予想)の内訳 普通配当 10円00銭 記念配当 3円00銭」

    2027年3月期の年間配当予想は26円となり、前年度の20円から増加する見通しが示された。第2四半期末には普通配当に加えて3円の記念配当を予定している。
  2. FY2026RaisedAnnual report

    「Following careful consideration based on the basic policy, the annual dividend for the fiscal year is expected to be ¥20 per share, comprising an interim dividend of ¥10.00 and a year-end dividend of ¥10.00. As a result, the consolidated dividend payout ratio for the fiscal year is expected to be 37.8%.」

    The annual dividend was increased from ¥18 in the previous fiscal year to ¥20, and IGNITION 2028 newly set a policy of targeting a DOE of at least 3% in fiscal 2028.
  3. FY2026-H1Interim dividend increased to ¥10Annual report

    「At a meeting of the Board of Directors held on 14 November 2025, the company resolved, pursuant to Article 37 of its Articles of Incorporation, to pay an interim dividend as follows to shareholders or registered share pledgees listed or recorded in the final shareholder register as of 30 September 2025. ① Total interim dividend ¥15,047 million (¥10.00 per share)」

    The interim dividend was ¥10 per share, an increase from ¥9 in the same period of the previous year.
  4. FY2025Change in dividend payout ratioAnnual report

    「The annual dividend for the fiscal year is expected to be ¥18 per share, comprising an interim dividend of ¥9.00 and a year-end dividend of ¥9.00. As a result, the consolidated dividend payout ratio for the fiscal year is expected to be 36.8%.」

    The annual dividend is expected to remain unchanged from the previous fiscal year at ¥18, and the company continues its AP-G 2025 policy of a dividend payout ratio of at least 30%. The consolidated dividend payout ratio fell from 131.7% in the previous fiscal year to 36.8%.
  5. FY2025-H1RestatedAnnual report

    「At a meeting of the Board of Directors held on 7 November 2024, the company resolved, pursuant to Article 37 of its Articles of Incorporation, to pay an interim dividend as follows to shareholders or registered share pledgees listed or recorded in the final shareholder register as of 30 September 2024.」

    Under a policy of paying appropriate dividends after comprehensively considering business performance, its financial position, future investment and other factors, the company resolved to pay an interim dividend of ¥9 per share.
  6. FY2024¥18 annual dividend; 131.7% dividend payout ratioAnnual report

    「The annual dividend for the fiscal year was set at ¥18 per share, comprising an interim dividend of ¥9.00 and a year-end dividend of ¥9.00. As a result, the consolidated dividend payout ratio for the fiscal year will be 131.7%.」

    The annual dividend was ¥18, unchanged from the previous fiscal year, while the consolidated dividend payout ratio was 131.7% because profit for the fiscal year attributable to owners of the parent declined. The AP-G 2025 policy of a consolidated dividend payout ratio of at least 30% also remains in place.
  7. FY2024-Q2RestatedAnnual report

    「At a meeting of the Board of Directors held on 8 November 2023, the company resolved, pursuant to Article 37 of its Articles of Incorporation, to pay an interim dividend as follows to shareholders or registered share pledgees listed or recorded in the final shareholder register as of 30 September 2023.」

    Under a policy of paying appropriate dividends after comprehensively considering business performance, its financial position, future investment and other factors, the company resolved to pay an interim dividend of ¥9 per share.
  8. FY2024-Q1¥9 year-end dividend paidAnnual report

    「27 June 2023 Annual General Meeting of Shareholders Common stock 14,417 9.00 31 March 2023 28 June 2023」

    The company paid a year-end dividend of ¥9 per share, totaling ¥14.417 billion, for the fiscal year ended March 2023.
  9. FY2023RaisedAnnual report

    「Under the medium-term management issue Project AP-G 2025, the company has adopted a shareholder return policy targeting a consolidated dividend payout ratio of at least 30%.」

    The company changed its policy from the AP-G 2022 dividend payout ratio target of approximately 30% to a policy under AP-G 2025 that explicitly sets a lower limit of 30% or more. The annual dividend for the fiscal year was ¥18 per share, and the dividend payout ratio was 39.6%.
  10. FY2023-Q2Interim dividend increased to ¥9Annual report

    「At a meeting of the Board of Directors held on 8 November 2022, the company resolved, pursuant to Article 37 of its Articles of Incorporation, to pay an interim dividend as follows to shareholders or registered share pledgees listed or recorded in the final shareholder register as of 30 September 2022.」

    The interim dividend with a record date of 30 September 2022 was set at ¥9 per share, totaling ¥14.416 billion. This was an increase from ¥8 in the same period of the previous year.
  11. FY2022AdvancedAnnual report

    「The annual dividend for the fiscal year was set at ¥16 per share, comprising an interim dividend of ¥8.00 and a year-end dividend of ¥8.00. As a result, the consolidated dividend payout ratio for the fiscal year will be 30.4%.」

    The annual dividend increased from ¥9 in the previous fiscal year to ¥16, while the consolidated dividend payout ratio was 30.4%, compared with the approximately 30% target set under AP-G 2022.
  12. FY2022-Q3¥8 interim dividend paidAnnual report

    「At a meeting of the Board of Directors held on 9 November 2021, the company resolved, pursuant to Article 37 of its Articles of Incorporation, to pay an interim dividend as follows to shareholders or registered share pledgees listed or recorded in the final shareholder register as of 30 September 2021, and paid the dividend.」

    For the interim dividend with a record date of 30 September 2021, the company paid a total of ¥12.812 billion, or ¥8 per share.
  13. FY2022-Q2Interim dividend increased to ¥8Annual report

    「At a meeting of the Board of Directors held on 9 November 2021, the company resolved, pursuant to Article 37 of its Articles of Incorporation, to pay an interim dividend as follows to shareholders or registered share pledgees listed or recorded in the final shareholder register as of 30 September 2021.」

    The interim dividend with a record date of 30 September 2021 was set at ¥8 per share, totaling ¥12.812 billion. This was an increase from the ¥4.50 interim dividend paid in the same period of the previous year.
  14. FY2021Annual dividend decreased; dividend payout ratio target maintainedAnnual report

    「The annual dividend for the fiscal year was set at ¥9 per share, comprising an interim dividend of ¥4.50 and a year-end dividend of ¥4.50. As a result, the consolidated dividend payout ratio for the fiscal year will be 31.5%.」

    Under a dividend policy that comprehensively considers business performance, its financial position and future investment, the annual dividend was ¥9 per share, and the company continues to maintain its AP-G 2022 target of a dividend payout ratio of approximately 30%.
  15. FY2021-Q3Interim dividend paidAnnual report

    「At a meeting of the Board of Directors held on 6 November 2020, the company resolved, pursuant to Article 37 of its Articles of Incorporation, to pay an interim dividend as follows to shareholders or registered share pledgees listed or recorded in the final shareholder register as of 30 September 2020, and paid the dividend.」

    For the interim dividend with a record date of 30 September 2020, the company paid a total of ¥7.206 billion, or ¥4.50 per share.
  16. FY2021-Q2Interim dividend increased to ¥4.50Annual report

    「At a meeting of the Board of Directors held on 6 November 2020, the company resolved, pursuant to Article 37 of its Articles of Incorporation, to pay an interim dividend as follows to shareholders or registered share pledgees listed or recorded in the final shareholder register as of 30 September 2020.」

    The company set the total interim dividend at ¥7.206 billion, or ¥4.50 per share. The dividend amount changed from the ¥8 interim dividend paid in the same period of the previous year.
  17. FY2020Dividend payout ratio target disclosedAnnual report

    「In the medium-term management issue announced in May 2020, Project AP-G 2022, the company set a target consolidated dividend payout ratio of approximately 30%.」

    In addition to its previous dividend policy of comprehensively considering business performance, its financial position and future investment, the company explicitly set a target consolidated dividend payout ratio of approximately 30% under AP-G 2022.
  18. FY2020-Q3RestatedAnnual report

    「At a meeting of the Board of Directors held on 7 November 2019, the company resolved, pursuant to Article 37 of its Articles of Incorporation, to pay an interim dividend as follows to shareholders or registered share pledgees listed or recorded in the final shareholder register as of 30 September 2019, and paid the dividend.」

    Under a policy of paying appropriate dividends after comprehensively considering business performance, its financial position, future investment and other factors, the company paid an interim dividend of ¥8 per share, totaling ¥12.806 billion.
  19. FY2020-Q2RestatedAnnual report

    「At a meeting of the Board of Directors held on 7 November 2019, the company resolved to pay an interim dividend as follows to shareholders or registered share pledgees listed or recorded in the final shareholder register as of 30 September 2019.」

    Under a policy of paying appropriate dividends after comprehensively considering business performance, its financial position, future investment and other factors, the company resolved to pay an interim dividend of ¥8 per share.
  20. FY2020-Q1RestatedAnnual report

    「25 June 2019 Annual General Meeting of Shareholders Common stock 12,806 8.00 31 March 2019 26 June 2019 Retained earnings」

    Under a policy of paying appropriate dividends after comprehensively considering business performance, its financial position, future investment and other factors, the company paid a year-end dividend of ¥8 per share.
  21. FY2019SoftenedAnnual report

    「The company recognizes the distribution of profits as one of the most important matters in corporate management and has adopted a basic policy of paying appropriate dividends after comprehensively considering business performance, its financial position, retained earnings required for future investment and other factors.」

    The company continues to pursue a policy of comprehensively considering business performance, its financial position and future investment, rather than the wording used in the year before last that dividends would be increased steadily and continuously in line with improved performance. The annual dividend was ¥16 per share, and the consolidated dividend payout ratio was 32.3%.
  22. FY2019-Q2RestatedAnnual report

    「At a meeting of the Board of Directors held on 9 November 2018, the company resolved, pursuant to Article 37 of its Articles of Incorporation, to pay an interim dividend as follows to shareholders or registered share pledgees listed or recorded in the final shareholder register as of 30 September 2018.」

    Under a policy of paying appropriate dividends, the company resolved to pay an interim dividend of ¥8 per share, totaling ¥12.806 billion.
  23. FY2019-Q1RestatedAnnual report

    「26 June 2018 Annual General Meeting of Shareholders Common stock 12,802 8.00 31 March 2018 27 June 2018 Retained earnings」

    Under a policy of paying appropriate dividends, the company paid a year-end dividend of ¥8 per share.
  24. FY2018SoftenedAnnual report

    「The company recognizes the distribution of profits as one of the most important matters in corporate management and has adopted a basic policy of paying appropriate dividends after comprehensively considering business performance, its financial position, retained earnings required for future investment and other factors.」

    The wording has returned from the previous year's statement that dividends would be increased steadily and continuously in line with improved performance to the traditional wording that comprehensively considers business performance, financial position and future investment. Meanwhile, the dividend for the fiscal year was ¥15 per share, and the consolidated dividend payout ratio was 25.0%.
  25. FY2018-Q2RestatedAnnual report

    「At a meeting of the Board of Directors held on 10 November 2017, it was resolved, pursuant to Article 37 of the Articles of Incorporation, to pay an interim dividend as follows to shareholders or registered share pledgees listed or recorded in the final shareholder register as of 30 September 2017.」

    Under a policy of steadily and continuously increasing dividends in line with improved performance, the company resolved to pay an interim dividend of ¥7 per share, totaling ¥11.2 billion, based on the record date at the end of September 2017.
  26. FY2017RaisedAnnual report

    「The basic policy for dividends is to increase them steadily and continuously in line with improvements in earnings.」

    The company explicitly states a policy of steadily and continuously increasing dividends in line with improvements in earnings, compared with its previous policy of paying appropriate dividends based on earnings, its financial condition and future investment. The dividend for the current fiscal year is ¥14 annually, and the consolidated dividend payout ratio is 22.5%.
  27. FY2017-Q3RestatedAnnual report

    「At a meeting of the Board of Directors held on 8 November 2016, it was resolved, pursuant to Article 37 of the Articles of Incorporation, to pay an interim dividend as follows to shareholders or registered share pledgees listed or recorded in the final shareholder register as of 30 September 2016, and the dividend was paid.」

    Under its policy of paying appropriate dividends, the company is paying an interim dividend of ¥7 per share.
  28. FY2017-Q2RestatedAnnual report

    「During the six-month period of the current consolidated fiscal year, it was resolved that an interim dividend on common shares with a record date of 30 September 2016 would be paid at ¥7.00 per share, for a total dividend payment of ¥11.2 billion.」

    Under its policy of paying appropriate dividends based on earnings, its financial condition and future investment, the company is paying an interim dividend.
  29. FY2016First statedAnnual report

    「The company recognizes as an important management responsibility the appropriate return of the results of its business activities to stakeholders and the building of long-term relationships of trust with them. Its basic policy is to pay appropriate dividends after comprehensively considering earnings trends, its financial condition and retained earnings required for future investment.」

    Dividends are determined by comprehensively considering earnings, the financial condition and retained earnings for future investment. The annual dividend for the current fiscal year is ¥13, and the consolidated dividend payout ratio is 23.1%.
Moved together

"Decline in Profitability and Impairment Losses in the Carbon Fiber Composite Materials Business" moved the same way as this thread, in the same document, in 5 of its 33 moves.

544433★123456
  1. ★This thread
  2. 1Decline in Profitability and Impairment Losses in the Carbon Fiber Composite Materials Business5×
  3. 2Strategic Expansion of the Carbon-Fiber Composite Materials Business4×
  4. 3Making the Environmental and Engineering Business the Next Pillar of Revenue Growth4×
  5. 4Regular Review of Strategic Shareholdings and Sale of Holdings Whose Significance Has Diminished4×
  6. 5Expansion of Green Innovation and Life Innovation3×
  7. 6Technology Innovation and New Business Development Starting from Materials3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Toray Industries's next results are scheduled for 2026-11-10. Read the earnings preview It last moved in the Revisions to earnings forecasts of 2026-08-06: "Raised".
News
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