Stable Dividends and a Target Payout Ratio of 20% or More
First written in FY2016. 19 of 33 entries say "Restated". Latest entry: FY2026.
- FY2026AchievedAnnual report
「With respect to the dividend of surplus for the consolidated fiscal year, after comprehensively considering the basic policy described above and the year's results, the Company plans to pay a year-end dividend of ¥46 per share, comprising an ordinary dividend of ¥41 per share and a ¥5 per-share listing anniversary commemorative dividend to mark the 10th anniversary of its listing in March 2026 and in appreciation of shareholders' continued support. The dividend is scheduled to be resolved and paid at the 66th Annual General Meeting of Shareholders scheduled for 25 June 2026. As a result, the consolidated dividend payout ratio for the fiscal year is expected to be 28.2%.」
Against the target payout ratio of at least 25%, the ratio is expected to be 28.2% for the fiscal year ending March 2026, exceeding the target. The planned dividend is ¥46 per share, comprising an ordinary dividend of ¥41 and a ¥5 listing anniversary commemorative dividend. - FY2026-H1RestatedAnnual report
「26 June 2025 65th Annual General Meeting of Shareholders Common shares 133,024 39.00 31 March 2025 27 June 2025 Retained earnings」
A dividend of ¥39 per share, totaling ¥133.024 million, was paid for the fiscal year ended March 2025. This reconfirms the results under the policy of stable and progressive dividends and a target payout ratio of at least 25%. - FY2025RaisedAnnual report
「The Group's basic policy is to improve its performance from a long-term perspective while securing the retained earnings needed for future business development, and to continue paying shareholders a stable ordinary dividend with progressive increases. The Group pays dividends once per fiscal year, as a year-end dividend approved by resolution of the General Meeting of Shareholders.」
The stable dividend policy now explicitly includes progressive dividends, broadening the wording of the dividend policy toward a more sustained focus on dividend increases. Against the target payout ratio of at least 25%, the dividend was ¥39 per share and the consolidated payout ratio was 25.2%, continuing to exceed the target. - FY2025-H1RestatedAnnual report
「25 June 2024 64th Annual General Meeting of Shareholders Common shares 129,271 38.00 31 March 2024 26 June 2024 Retained earnings」
A dividend of ¥38 per share, totaling ¥129.271 million, was paid for the fiscal year ended March 2024 on 26 June 2024. This reconfirms the results under the stable dividend policy targeting a payout ratio of at least 25%. - FY2024AchievedAnnual report
「With respect to dividends of surplus, the Company targets a payout ratio of at least 25% of net income attributable to owners of the parent while securing the retained earnings needed to continue stable dividends and expand the Group's business. The 64th Annual General Meeting of Shareholders approved a dividend of ¥38 per share for the consolidated fiscal year. As a result, the consolidated dividend payout ratio for the fiscal year was 26.3%.」
Against the target payout ratio of at least 25%, the ratio was 26.3% for the fiscal year ended March 2024, meeting the target. The annual dividend was ¥38 per share. - FY2024-Q1RestatedAnnual report
「23 June 2023 63rd Annual General Meeting of Shareholders Common shares 122,143 36.00 31 March 2023 26 June 2023 Retained earnings」
This states that a dividend of ¥36 per share, totaling ¥122.143 million, was paid on 26 June 2023 for the fiscal year ended March 2023. It reconfirms the results under the stable dividend policy targeting a payout ratio of at least 25%. - FY2023AchievedAnnual report
「With respect to dividends of surplus, the Company targets a payout ratio of at least 25% of net income attributable to owners of the parent, based on per-share dividend amounts in prior fiscal years, while continuing stable dividends and actively using retained earnings to expand the Group's business. The Board of Directors will determine the balance between retained earnings and dividends of surplus by comprehensively considering consolidated and non-consolidated earnings per share, planned capital expenditures, earnings forecasts for the next fiscal year, cash on hand, financial trends and other factors.」
The Company continued its target payout ratio of at least 25%. For the fiscal year ended March 2023, the dividend was ¥36 per share and the consolidated payout ratio was 25.4%, meeting the target. - FY2023-Q2RestatedAnnual report
「23 June 2022 62nd Annual General Meeting of Shareholders Common shares 145,113 42.00 31 March 2022 24 June 2022 Retained earnings」
This reconfirms that the annual dividend for the fiscal year ended March 2022 was ¥42 per share, totaling ¥145.113 million, and was paid on 24 June 2022. - FY2023-Q1RestatedAnnual report
「23 June 2022 62nd Annual General Meeting of Shareholders Common shares 145,113 42.00 31 March 2022 24 June 2022 Retained earnings」
This states that the annual dividend for the fiscal year ended March 2022 was ¥42 per share, totaling ¥145.113 million, and was paid on 24 June 2022. - FY2022AchievedAnnual report
「With respect to dividends of surplus, the Company targets a payout ratio of at least 25% of net income attributable to owners of the parent while securing the retained earnings needed to continue stable dividends and expand the Group's business. The Board of Directors will determine the balance between retained earnings and dividends of surplus by comprehensively considering consolidated and non-consolidated earnings per share, planned capital expenditures, earnings forecasts for the next fiscal year, cash on hand, financial trends and other factors. With respect to the dividend of surplus for the consolidated fiscal year, the 62nd Annual General Meeting of Shareholders approved a dividend of ¥42.00 per share, comprising an ordinary dividend of ¥24.00 and a special dividend of ¥18.00. As a result, the consolidated dividend payout ratio for the fiscal year was 25.1%.」
Against the post-increase target payout ratio of at least 25%, the ratio was 25.1% for the fiscal year ended March 2022, meeting the target. The annual dividend was ¥42 per share. - FY2022-Q3RestatedAnnual report
「24 June 2021 61st Annual General Meeting of Shareholders Common shares 62,477 18.00 31 March 2021 25 June 2021 Retained earnings」
This reconfirms that a dividend of ¥18 per share, totaling ¥62.477 million, was paid pursuant to the 61st Annual General Meeting of Shareholders. - FY2022-Q2RestatedAnnual report
「24 June 2021 61st Annual General Meeting of Shareholders Common shares 62,477 18.00 31 March 2021 25 June 2021 Retained earnings」
This reconfirms that a dividend of ¥18 per share, totaling ¥62.477 million, was paid pursuant to the 61st Annual General Meeting of Shareholders. - FY2022-Q1RestatedAnnual report
「24 June 2021 61st Annual General Meeting of Shareholders Common shares 62,477 18.00 31 March 2021 25 June 2021 Retained earnings」
This states that, pursuant to the 61st Annual General Meeting of Shareholders, a dividend of ¥18 per share, totaling ¥62.477 million, was paid. - FY2021RaisedAnnual report
「With respect to dividends of surplus, the Company targets a payout ratio of at least 25% of net income attributable to owners of the parent, based on per-share dividend amounts in prior fiscal years, while continuing stable dividends and actively using retained earnings to expand the Group's business. The Board of Directors will determine the balance between retained earnings and dividends of surplus by comprehensively considering consolidated and non-consolidated earnings per share, planned capital expenditures, earnings forecasts for the next fiscal year, cash on hand, financial trends and other factors. With respect to the dividend of surplus for the consolidated fiscal year, the 61st Annual General Meeting of Shareholders approved a dividend of ¥18.00 per share in accordance with the basic policy described above. As a result, the consolidated dividend payout ratio for the fiscal year was 26.3%.」
The target payout ratio was raised from at least 20% to at least 25%. The consolidated payout ratio for the fiscal year ended March 2021 was 26.3%, exceeding the revised target. - FY2021-Q3RestatedAnnual report
「26 June 2020 60th Annual General Meeting of Shareholders Common shares 62,607 18.00 31 March 2020 29 June 2020 Retained earnings」
This states that, pursuant to the 60th Annual General Meeting of Shareholders, a dividend of ¥18 per share, totaling ¥62.607 million, was paid on 29 June 2020. - FY2020AchievedAnnual report
「With respect to the dividend of surplus for the consolidated fiscal year, the 60th Annual General Meeting of Shareholders approved a dividend of ¥18.00 per share in accordance with the basic policy described above. As a result, the consolidated dividend payout ratio for the fiscal year was 25.0%.」
Against the target payout ratio of at least 20%, the ratio was 25.0% for the fiscal year ended March 2020, meeting the target. The annual dividend was ¥18 per share. - FY2020-Q2RestatedAnnual report
「Net cash used in financing activities was ¥343.807 million, compared with ¥404.919 million used in the same quarter of the previous year. The main factors were repayments of long-term borrowings of ¥300.000 million and dividend payments of ¥64.412 million.」
The company reconfirms that it paid a dividend of ¥18 per share, totaling ¥64.412 million, during the first half based on the 59th Annual General Meeting of Shareholders. - FY2020-Q1RestatedAnnual report
「27 June 2019 59th Annual General Meeting of Shareholders Common shares 64,412 18.00 31 March 2019 28 June 2019 Retained earnings」
The company records that, based on the 59th Annual General Meeting of Shareholders, it paid a dividend of ¥18 per share, totaling ¥64.412 million, on 28 June 2019. - FY2019AchievedAnnual report
「In accordance with the basic policy described above, the 59th Annual General Meeting of Shareholders approved a dividend of ¥18.00 per share. As a result, the consolidated dividend payout ratio for the fiscal year was 23.5%.」
Against the target dividend payout ratio of at least 20%, the consolidated payout ratio for the fiscal year ended March 2019 was 23.5%, achieving the target. The annual dividend after the stock split was ¥18 per share. - FY2019-Q2RestatedAnnual report
「26 June 2018 58th Annual General Meeting of Shareholders Common shares 63,224 53.00 31 March 2018 27 June 2018 Retained earnings」
The company reconfirms the payment of dividends of ¥63.224 million, or ¥53 per share, based on the 58th Annual General Meeting of Shareholders. - FY2019-Q1RestatedAnnual report
「26 June 2018 58th Annual General Meeting of Shareholders Common shares 63,224 53.00 31 March 2018 27 June 2018 Retained earnings」
The company records the payment of dividends of ¥63.224 million, or ¥53 per share, based on the 58th Annual General Meeting of Shareholders. - FY2018AchievedAnnual report
「In accordance with the basic policy described above, the 58th Annual General Meeting of Shareholders approved a dividend of ¥53.00 per share. As a result, the consolidated dividend payout ratio for the fiscal year was 20.1%.」
Against the target dividend payout ratio of at least 20%, the consolidated payout ratio for the fiscal year was 20.1%, continuing to meet the target. The annual dividend was ¥53 per share. - FY2018-Q3RestatedAnnual report
「28 June 2017 57th Annual General Meeting of Shareholders Common shares 53,684 45.00 31 March 2017 29 June 2017 Retained earnings」
The company reconfirms the payment of dividends of ¥53.684 million, or ¥45 per share, based on the 57th Annual General Meeting of Shareholders. The per-share dividend includes a ¥5 listing commemorative dividend. - FY2018-Q2RestatedAnnual report
「The main factors were ¥300.000 million in repayments of long-term borrowings and dividend payments of ¥53.684 million.」
The company reconfirms that it paid a dividend of ¥45 per share, totaling ¥53.684 million, based on the 57th Annual General Meeting of Shareholders. - FY2018-Q1RestatedAnnual report
「The dividend of ¥45.00 per share includes a ¥5.00 listing commemorative dividend for the company’s listing on the Tokyo Stock Exchange JASDAQ (Standard) market.」
The company records the payment of dividends of ¥53.684 million, or ¥45 per share, based on the 57th Annual General Meeting of Shareholders, including the ¥5 listing commemorative dividend. - FY2017AchievedAnnual report
「In accordance with the basic policy described above, the 57th Annual General Meeting of Shareholders approved a total annual dividend of ¥45.00 per share, comprising a commemorative dividend of ¥5.00 per share to mark the listing on the Tokyo Stock Exchange JASDAQ (Standard) market and an ordinary dividend of ¥40.00 per share, as a gesture of appreciation to shareholders. As a result, the consolidated dividend payout ratio for the fiscal year was 20.5%.」
Against the target dividend payout ratio of at least 20%, the consolidated payout ratio for the fiscal year was 20.5%. The annual dividend was ¥45 per share, including a ¥5 listing commemorative dividend. - FY2017-Q3RestatedAnnual report
「28 June 2016 56th Annual General Meeting of Shareholders Common shares 47,721 40.00 31 March 2016 29 June 2016 Retained earnings」
The company records the payment of dividends of ¥47.721 million, or ¥40 per share, based on the 56th Annual General Meeting of Shareholders, confirming the payment made under the stable dividend policy. - FY2017-Q2RestatedAnnual report
「Net cash used in financing activities was ¥228.502 million. The main factors were ¥200.000 million in repayments of long-term borrowings and dividend payments of ¥47.721 million.」
The company again records the payment of ¥47.721 million in dividends based on the 56th Annual General Meeting of Shareholders, confirming the payment made under the stable dividend policy. - FY2017-Q1RestatedAnnual report
「28 June 2016 56th Annual General Meeting of Shareholders Common shares 47,721 40.00 31 March 2016 29 June 2016 Retained earnings」
The company paid a dividend of ¥47.721 million, or ¥40.00 per share, for the 56th fiscal year. This records the payment made under the stable dividend policy. - FY2016First statedAnnual report
「Based on its policy of continuing stable dividends and actively using retained earnings to expand the group’s business, the group targets a dividend payout ratio of at least 20% of net income attributable to owners of the parent, using historical per-share dividend amounts as a basis. The Board of Directors will determine the balance between retained earnings and dividend payments after comprehensively considering consolidated and non-consolidated earnings per share, planned capital expenditures, earnings forecasts for the next fiscal year, cash on hand, financial market conditions and other factors.」
While maintaining stable dividends as its basic policy, the group targets a dividend payout ratio of at least 20% of net income attributable to owners of the parent.