Dividend Policy Emphasizing the Balance Between Shareholder Returns and Retained Earnings
First written in FY2017. 3 of 7 entries say "Restated". Latest entry: FY2026.
47 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「Under the medium-term management plan for fiscal years 2026 to 2028, we will promote stable and continuous shareholder returns while balancing them with growth investments. Specifically, our basic policy is a dividend payout ratio of 35%, and we aim for a total shareholder return ratio of 40%.」
In addition to the previous flexible dividend policy, the medium-term management plan for fiscal years 2026 to 2028 specifies a dividend payout ratio of 35% and a total shareholder return ratio of 40%. - FY2020SoftenedAnnual report
「We intend to continue returning profits to shareholders through interim and year-end dividends. However, if important business investments are prioritized or depending on cash-flow conditions, we may pay no dividend or reduce the planned dividend amount.」
The profit-return policy explicitly states that the company may pay no dividend or reduce dividends depending on important investments and cash-flow conditions. - FY2019RestatedAnnual report
「Returning profits to shareholders is one of our company’s most important management priorities. As the basic policy for our future dividend policy, we will take a comprehensive view of the balance between returning profits to shareholders and strengthening retained earnings, and respond flexibly in line with business performance and market conditions.」
Continued disclosure of a dividend policy under which the balance between shareholder returns and retained earnings is assessed in light of business performance and market conditions. - FY2018RestatedAnnual report
「Returning profits to shareholders is one of our company’s most important management priorities. As the basic policy for our future dividend policy, we will take a comprehensive view of the balance between returning profits to shareholders and strengthening retained earnings, and respond flexibly in line with business performance and market conditions.」
Continued disclosure of a dividend policy under which the balance between shareholder returns and retained earnings is assessed in light of business performance and market conditions. - FY2017First statedAnnual report
「Returning profits to shareholders is one of our company’s most important management priorities. As the basic policy for our future dividend policy, we will take a comprehensive view of the balance between returning profits to shareholders and strengthening retained earnings, and respond flexibly in line with business performance and market conditions.」
The company’s basic policy is to emphasize shareholder returns while determining dividends based on retained earnings, business performance and market conditions.