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World (3612) · PolicyAdvancedLatest M&A and Subsidiary Changes (2026-10-14): "Restated"

Dividend policy based on earnings and retained earnings

First written in FY2016. 7 of 23 entries say "Advanced", first in FY2020-Q2. Latest entry: 2026-10-14.

23entries
11years
8from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2018RaisedFY2019 – FY2020-Q2AdvancedFY2023 – FY2026-H12016: 120162017: 120172018: 120182019: 220192020: 020202021: 120212022: 220222023: 220232024: 120242025: 220252026: 102026
Same theme, other companies
Earnings-linked shareholder returns and special dividend policyA theme 190 companies write about · 5 as a headwind · 181 as a tailwind

81 other companies' latest entry also says "Restated".

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 190 companies compared. The sentences above are computed from all 190.
Full recordFilings, disclosures and news, newest first
  1. 2026-10-14RestatedM&A and Subsidiary Changes

    「両社は、将来の事業展開や持続的な成長に備えた内部留保の充実を勘案しつつ、共同持株会社グループの業績向上を背景とした1株当たり利益の増加に加えて、配当性向の一定割合もしくは株主資本配当率(DOE)の一定割合のいずれか高い方を目安とした累進的な配当政策を採用するとともに、自己株式の取得並びに消却等の方策を通じた株主還元も積極的に検討することにより、株主価値及び企業価値の極大化を図ることを基本方針とする予定です。」

    共同持株会社においても、配当性向またはDOEのいずれか高い方を目安とする累進的な配当政策を予定している。
  2. FY2027-H1AdvancedAnnual report

    「(b) Amount per share ...................... ¥31.00」

    The Company resolved to pay an interim dividend of ¥31 per share, with 31 August 2026 as the record date. This amount reflects the 2-for-1 stock split effective 1 March 2026 and is equivalent to ¥62 on a pre-split basis.
  3. 2026-10-05RestatedFinancial results briefing materials

    「配当性向40%もしくはDOE5%の高い方」

    配当性向40%またはDOE5%のいずれか高い方とする配当方針を再掲している。
  4. FY2026RaisedAnnual report

    「As a fundamental premise, we aim to increase dividends in line with profit growth. While using a payout ratio of at least 40% as the standard, we have also adopted DOE of at least 5% as support for stable dividends, and made the policy progressive by adopting whichever is higher.」

    The Company strengthened its policy from the previous policy of gradually raising the dividend payout ratio to 40% to a progressive dividend policy adopting whichever is higher: a dividend payout ratio of at least 40% or DOE of at least 5%.
  5. FY2026-H1AdvancedAnnual report

    「Of the dividends attributable to the interim consolidated accounting period, for which the effective date falls after the end of the interim consolidated accounting period, the Company resolved that total dividends on common shares would be ¥1,671 million, or ¥49.00 per share.」

    The Company resolved to pay an interim dividend of ¥49 per share, an increase from ¥37 in the same period of the previous year.
  6. FY2025RaisedAnnual report

    「As our financial base is being established to shift the focus of capital allocation toward growth investment and shareholder returns, creating the foundation for achieving the target dividend payout ratio of 40% set for the next medium-term management plan, we decided to raise the dividend payout ratio in stages by 2.5 percentage points per year over the 4 years from the next fiscal year, from 30% to 40%.」

    The policy for the dividend payout ratio was changed from a target of 30% to a policy of raising it to 40% by 2.5 percentage points per year over the 4 years from the next fiscal year. The annual dividend was ¥80 per share.
  7. FY2025-H1AdvancedAnnual report

    「At a meeting of the Board of Directors held on 3 October 2024, the Company resolved as follows regarding the interim dividend for the fiscal year.」

    The Company resolved to pay an interim dividend of ¥37 per share, totaling ¥1.261 billion, an increase from ¥26 per share in the same period of the previous year.
  8. FY2024-Q2AdvancedAnnual report

    「At the Board of Directors meeting held on 6 November 2023, the following resolution was passed concerning the interim dividend for the current fiscal year.」

    The Company resolved to pay an interim dividend of ¥26 per share, totaling ¥885 million. This was an increase from the interim dividend of ¥13 per share paid in the same period of the previous year.
  9. FY2023AdvancedAnnual report

    「Going forward, we will focus on improving our financial soundness and making growth investments while seeking to enhance shareholder returns, including dividends. Specifically, our policy is to maintain a 30% dividend payout ratio and raise it in stages as earnings grow.」

    The Company paid an interim dividend of ¥13, a year-end dividend of ¥35 and an annual dividend of ¥48 per share, resulting in a dividend payout ratio of 36.36%. It continues to maintain its policy of a 30% dividend payout ratio and raising it in stages as earnings grow.
  10. FY2023-Q2RestatedAnnual report

    「At a meeting of the Board of Directors held on 7 November 2022, the following resolution was adopted regarding the interim dividend for the current fiscal year.」

    Following the resumption of dividends in the previous fiscal year, the Company resolved to pay an interim dividend of ¥13 per share, totaling ¥442 million, with 30 September 2022 as the record date.
  11. FY2022AchievedAnnual report

    「For the fiscal year, we will resume dividend payments on the assumption that we will return to profitability in the second half.」

    Following no dividend in the previous fiscal year, the Company resumed dividend payments by paying a year-end dividend of ¥27 per share, on the assumption that it would return to profitability in the second half. The policy of maintaining a 30% dividend payout ratio also remains in place.
  12. FY2021Specific target for no dividend and resumption of dividendsAnnual report

    「Going forward, we will work to restore earnings and cash flow at an early stage by swiftly and steadily implementing the measures under the structural reforms announced on 5 August 2020 and 3 February 2021. We aim to balance growth investment, the strengthening of our financial base and shareholder returns, including the resumption of dividends, as an integrated set of priorities. In addition, as part of our shareholder return policy, we aim to increase dividends in stages, with a target of raising the dividend payout ratio to 30% for the fiscal year ending March 2022.」

    While no interim or year-end dividend was paid for the fiscal year, the Company announced a policy of resuming and increasing dividends, subject to structural reform, the recovery of earnings and cash flow, and the strengthening of its financial base, with a target dividend payout ratio of 30% for the fiscal year ending March 2022.
  13. FY2020-Q2AdvancedAnnual report

    「The company resolved the following matter concerning the interim dividend for the fiscal year.」

    The Company resolved to pay an interim dividend of ¥28 per share, totaling ¥933 million, with 30 September 2019 as the record date.
  14. FY2019RaisedAnnual report

    「For the time being, we aim to gradually increase dividends as a means of returning value to shareholders while focusing on improving financial soundness and making growth investments. Specifically, we aim to achieve sustainable dividend growth by further improving profitability and raising the dividend payout ratio, with a policy of raising the target payout ratio to approximately 30% over the next 3 fiscal years.」

    The company has moved from its previous policy of taking business performance and retained earnings into account to a more specific policy of gradually increasing dividends and raising the dividend payout ratio to approximately 30% over the next 3 fiscal years. For the fiscal year ended March 2019, the dividend was ¥50 per common share and the payout ratio was 22.46%.
  15. FY2018RestatedAnnual report

    「Our basic policy is to determine dividends after comprehensively considering business performance and the need to build retained earnings in preparation for future business development.」

    The company continues its dividend policy of taking business performance and retained earnings into account and paid no dividends for the fiscal year.
  16. FY2017RestatedAnnual report

    「Our basic policy is to determine dividends after comprehensively considering business performance and the need to build retained earnings in preparation for future business development.」

    The company paid no dividends for the fiscal year and continues its dividend policy of taking business performance and retained earnings into account.
  17. FY2016First statedAnnual report

    「Our basic policy is to determine dividends after comprehensively considering business performance and the need to build retained earnings in preparation for future business development.」

    The fiscal year ended March 2016 was reported as having no dividend.
Moved together

"Development of an investment business centered on both operating businesses and finance" moved the same way as this thread, in the same document, in 9 of its 23 moves.

988777★123456
  1. ★This thread
  2. 1Development of an investment business centered on both operating businesses and finance9×
  3. 2Maximizing Profits and Transitioning to a More Profitable P&L Structure8×
  4. 3B2B expansion of the platform business8×
  5. 4Reducing Losses Through Purchasing and Inventory Control7×
  6. 5Development of new business formats, brands, stores and products7×
  7. 6Renewed Growth of Existing Brands and Stores7×

★ 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
No upcoming earnings preview for World yet. It last moved in the M&A and Subsidiary Changes of 2026-10-14: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Dividend policy based on earnings and retained earnings | WORLD CO.,LTD. (3612) | Komori