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Rengo (3941) · PolicyReframed

Sustainable and Stable Dividends

First written in FY2016. 24 of 32 entries say "Restated". Latest entry: FY2026.

32entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2019RestatedFY2020-Q2 – FY2024-Q32016: 320162017: 420172018: 420182019: 420192020: 320202021: 120212022: 320222023: 220232024: 320242025: 220252026: 32026
Same theme, other companies
Stable, Continuous Shareholder Returns and Dividend Increase PolicyA theme 1081 companies write about · 2 as a headwind · 1105 as a tailwind
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 193 companies compared. The sentences above are computed from all 193.Comparing 200 of the theme's 1107 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2026ReframedAnnual report

    「The Company had previously adopted a basic policy of pursuing progressive dividends aligned with profit growth while maintaining continuous and stable dividends, based on a comprehensive and long-term consideration of business performance trends, financial condition and future business development. However, recognizing the return of profits to shareholders as an important management issue, from fiscal 2026 onward the Company’s basic policy for dividends will be to provide continuous and stable returns of profits in line with consolidated performance, using a consolidated payout ratio of 40% as a guideline and setting a dividend-on-equity ratio (DOE) of 3% as the floor.」

    From fiscal 2026 onward, the framework was changed from the previous progressive dividend policy to a policy using a consolidated payout ratio of 40% as a guideline and setting DOE of 3% as the floor.
  2. FY2026-H1RaisedAnnual report

    「At the meeting of the Board of Directors held on 6 November 2025, the following resolution was passed concerning the interim dividend from retained earnings. (1) Total dividends: ¥4,991 million (2) Dividend per share: ¥20.00 (3) Effective date: 3 December 2025」

    Under the policy of maintaining continuous and stable dividends, the interim dividend per share was increased from ¥15 to ¥20.
  3. FY2025RestatedAnnual report

    「The Company’s basic policy is to pursue progressive dividends aligned with profit growth, while maintaining continuous and stable dividends, based on a comprehensive and long-term consideration of business performance trends, financial condition and future business development.」

    The Company reaffirmed its progressive dividend policy of pursuing dividend increases in line with profit growth while maintaining continuous and stable dividends, and paid an interim dividend of ¥15 and a year-end dividend of ¥15 for the period.
  4. FY2025-H1RestatedAnnual report

    「Dividend per share: ¥18.00 (Breakdown) Regular dividend 15.00 Commemorative dividend 3.00」

    Under the policy of maintaining continuous and stable dividends, a year-end dividend of ¥18 per share, including a ¥3 commemorative dividend for the 115th anniversary of the Company's founding, was paid, while the interim dividend was set at ¥15 per share.
  5. FY2024RaisedAnnual report

    「The Company’s basic policy is to pursue progressive dividends aligned with profit growth, while maintaining continuous and stable dividends, based on a comprehensive and long-term consideration of business performance trends, financial condition and future business development.」

    The Company explicitly stated a progressive dividend policy aimed at increasing dividends in line with profit growth, in addition to its previous policy of continuous and stable dividends.
  6. FY2024-Q3RestatedAnnual report

    「At the meeting of the Board of Directors held on 2 November 2023, the following resolution was passed concerning the distribution of retained earnings. (1) Total dividends: ¥2,994 million (2) Dividend per share: ¥12.00 (3) Effective date: 1 December 2023」

    An interim dividend of ¥12 per share is being paid in line with the policy of maintaining continuous and stable dividends.
  7. FY2024-Q2RestatedAnnual report

    「At the meeting of the Board of Directors held on 2 November 2023, the following resolution was passed concerning the distribution of retained earnings. (1) Total dividends: ¥2,994 million (2) Dividend per share: ¥12.00 (3) Effective date: 1 December 2023」

    An interim dividend of ¥12 per share was approved in line with the policy of maintaining continuous and stable dividends.
  8. FY2023-Q3RestatedAnnual report

    「At the meeting of the Board of Directors held on 2 November 2022, the following resolution was passed concerning the distribution of retained earnings. (1) Total dividends: ¥2,982 million (2) Dividend per share: ¥12.00 (3) Effective date: 2 December 2022」

    An interim dividend of ¥12 per share is being paid in line with the policy of maintaining continuous and stable dividends.
  9. FY2023-Q2RestatedAnnual report

    「At the meeting of the Board of Directors held on 2 November 2022, the following resolution was passed concerning the distribution of retained earnings. (1) Total dividends: ¥2,982 million (2) Dividend per share: ¥12.00 (3) Effective date: 2 December 2022」

    An interim dividend of ¥12 per share was approved in line with the policy of maintaining continuous and stable dividends.
  10. FY2023-Q1RestatedAnnual report

    「At the meeting of the Board of Directors held on 13 May 2022, the following resolution was passed concerning the distribution of retained earnings.」

    A dividend of ¥12 per share, totaling ¥2,982 million, was paid in line with the policy of maintaining continuous and stable dividends.
  11. FY2022-Q3RestatedAnnual report

    「2 November 2021 Board of Directors meeting Ordinary shares Retained earnings ¥2,982 million 12.00 30 September 2021 3 December 2021」

    An interim dividend of ¥12 per share is being paid in line with the policy of maintaining continuous and stable dividends.
  12. FY2022-Q1RestatedAnnual report

    「At the meeting of the Board of Directors held on 13 May 2021, the following resolution was passed concerning the distribution of retained earnings. (1) Total dividends: ¥2,982 million (2) Dividend per share: ¥12.00 (3) Effective date: 30 June 2021」

    A dividend of ¥12 per share is being paid in line with the policy of maintaining continuous and stable dividends.
  13. FY2021-Q2RestatedAnnual report

    「At the meeting of the Board of Directors held on 30 October 2020, the following resolution was passed concerning the distribution of retained earnings. (1) Total dividends: ¥2,982 million (2) Dividend per share: ¥12.00 (3) Effective date: 2 December 2020」

    An interim dividend of ¥12 per share was approved in line with the policy of maintaining continuous and stable dividends.
  14. FY2020RestatedAnnual report

    「Our basic policy is to pay dividends continuously and consistently, taking a comprehensive and long-term view of earnings trends, financial condition and future business development.」

    The stable dividend policy was maintained, and dividends of ¥8 per share for the interim period, ¥12 per share at year-end and ¥20 per share for the full year were paid.
  15. FY2020-Q3RestatedAnnual report

    「At the meeting of the Board of Directors held on 1 November 2019, the following resolution was passed concerning the distribution of retained earnings. (1) Total dividends: ¥1,980 million (2) Dividend per share: ¥8.00」

    It was disclosed that a dividend of ¥8 per share had been paid in line with the policy of maintaining continuous and stable dividends.
  16. FY2020-Q2RestatedAnnual report

    「At the meeting of the Board of Directors held on 1 November 2019, the following resolution was passed concerning the distribution of retained earnings. (1) Total dividends: ¥1,980 million (2) Dividend per share: ¥8.00」

    The resolution to pay a dividend of ¥8 per share was disclosed, indicating a continuing record of stable dividends.
  17. FY2020-Q1AchievedAnnual report

    「11 May 2019 Board of Directors meeting Ordinary shares Retained earnings ¥1,980 million 8.00 (Breakdown) Regular dividend 6.00 Commemorative dividend 2.00 31 March 2019 21 June 2019」

    An interim dividend of ¥8 per share, including a ¥2 commemorative dividend for the 110th anniversary of the Company's founding, was paid on 21 June 2019.
  18. FY2019Increase due to a 110th anniversary commemorative dividendAnnual report

    「For the dividend for the fiscal year, it was decided to pay ¥14, comprising the regular dividend of ¥12, unchanged from the previous year's actual result, plus a ¥2 commemorative dividend for the 110th anniversary of the Company's founding, in line with this basic policy.」

    While maintaining a policy of continuous and stable dividends, the dividend per share was set at ¥14, including a ¥2 commemorative dividend for the 110th anniversary of the Company's founding.
  19. FY2019-Q3RestatedAnnual report

    「At the meeting of the Board of Directors held on 2 November 2018, the following resolution was passed concerning the distribution of retained earnings. (1) Total dividends: ¥1,485 million (2) Dividend per share: ¥6.00 (3) Effective date: 3 December 2018」

    A dividend of ¥6 per share is being paid in line with the policy of maintaining continuous and stable dividends.
  20. FY2019-Q2RestatedAnnual report

    「At the meeting of the Board of Directors held on 2 November 2018, the following resolution was passed concerning the distribution of retained earnings. (1) Total dividends: ¥1,485 million (2) Dividend per share: ¥6.00 (3) Effective date: 3 December 2018」

    A dividend of ¥6 per share has been approved in line with the policy of maintaining continuous and stable dividends.
  21. FY2019-Q1RestatedAnnual report

    「At the meeting of the Board of Directors held on 11 May 2018, the following resolution was passed concerning the distribution of retained earnings. (1) Total dividends: ¥1,485 million (2) Dividend per share: ¥6.00 (3) Effective date: 29 June 2018」

    A dividend of ¥6 per share is being paid in line with the policy of maintaining continuous and stable dividends.
  22. FY2018RestatedAnnual report

    「Our basic policy is to pay dividends continuously and consistently, taking a comprehensive and long-term view of earnings trends, financial condition and future business development.」

    While maintaining a policy of continuous and stable dividends, the annual dividend was set at ¥12, unchanged from the previous year's actual result.
  23. FY2018-Q3RestatedAnnual report

    「At the meeting of the Board of Directors held on 2 November 2017, the following resolution was passed concerning the distribution of retained earnings. (1) Total dividends: ¥1,485 million (2) Dividend per share: ¥6.00 (3) Effective date: 4 December 2017」

    A dividend of ¥6 per share is being paid in line with the policy of maintaining continuous and stable dividends.
  24. FY2018-Q2RestatedAnnual report

    「At the meeting of the Board of Directors held on 2 November 2017, the following resolution was passed concerning the distribution of retained earnings. (1) Total dividends: ¥1,485 million (2) Dividend per share: ¥6.00 (3) Effective date: 4 December 2017」

    A dividend of ¥6 per share has been approved in line with the policy of maintaining continuous and stable dividends.
  25. FY2018-Q1RestatedAnnual report

    「At the meeting of the Board of Directors held on 12 May 2017, the following resolution was passed concerning the distribution of retained earnings. (1) Total dividends: ¥1,485 million (2) Dividend per share: ¥6.00 (3) Effective date: 30 June 2017」

    A dividend of ¥6 per share is being paid in line with the policy of maintaining continuous and stable dividends.
  26. FY2017RestatedAnnual report

    「Our basic policy is to pay dividends continuously and consistently, taking a comprehensive and long-term view of earnings trends, financial condition and future business development.」

    The annual dividend is ¥12, unchanged from the previous year's actual result, comprising an interim dividend of ¥6 and a year-end dividend of ¥6.
  27. FY2017-Q3RestatedAnnual report

    「At a meeting of the Board of Directors held on 2 November 2016, the following resolution was passed concerning the distribution of retained earnings: (1) Total dividends: ¥1,485 million; (2) Dividend per share: ¥6.00; (3) Effective date: 5 December 2016.」

    A dividend of ¥6 per share is being paid in line with the policy of maintaining continuous and stable dividends.
  28. FY2017-Q2RestatedAnnual report

    「At a meeting of the Board of Directors held on 2 November 2016, the following resolution was passed concerning the distribution of retained earnings: (1) Total dividends: ¥1,485 million; (2) Dividend per share: ¥6.00; (3) Effective date: 5 December 2016.」

    A dividend of ¥6 per share has been approved in line with the stable dividend policy.
  29. FY2017-Q1RestatedAnnual report

    「At a meeting of the Board of Directors held on 13 May 2016, the following resolution was passed concerning the distribution of retained earnings: (1) Total dividends: ¥1,485 million; (2) Dividend per share: ¥6.00; (3) Effective date: 30 June 2016.」

    A dividend of ¥6 per share was paid in line with the policy of maintaining continuous and stable dividends.
  30. FY2016First statedAnnual report

    「Our basic policy is to pay dividends continuously and consistently, taking a comprehensive and long-term view of earnings trends, financial condition and future business development.」

    The annual dividend for the fiscal year was set at ¥12 per share, unchanged from the previous year.
Moved together

"Recovery in Operating Profit and Ordinary Profit" moved the same way as this thread, in the same document, in 4 of its 32 moves.

433332★123456
  1. ★This thread
  2. 1Recovery in Operating Profit and Ordinary Profit4×
  3. 2Interest-Bearing Debt Reduction and Financial Position Improvement3×
  4. 3Overseas-related business achieves operating profitability3×
  5. 4Overseas Business Expansion and Earnings Improvement3×
  6. 5Strengthening the Heavy-Duty Corrugated Cardboard Business Through the Acquisition of Tri-Wall3×
  7. 6Rising Prices for Recovered Paper and Fuel2×

★ 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
Rengo's next results are scheduled for 2026-11-05. Read the earnings preview It last moved in the Revision of earnings forecasts of 2026-05-14: "Reframed".
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Sustainable and Stable Dividends | Rengo Co.,Ltd. (3941) | Komori