Shareholder Returns Based on Stable Dividends and a 30% Payout Ratio Target
First written in FY2023. 5 of 13 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2026.
- FY2026RaisedAnnual report
「With a target payout ratio of at least 30%, the annual minimum dividend per share for each fiscal year during the 2030 Medium-Term Management Plan period, from July 2026 through June 2030, will be ¥20.」
The company changed its policy from targeting a payout ratio of 30% to targeting at least 30%, and newly specified an annual minimum dividend of ¥20 during the 2030 Medium-Term Management Plan period. - FY2025AdvancedAnnual report
「The Company paid a regular interim dividend of ¥8 per share. Taking into account business performance for the fiscal year and the business environment, it set the year-end dividend at ¥10 per share as a regular dividend and added a ¥2 commemorative dividend per share, for a total of ¥12 per share, to express its appreciation to shareholders for their ongoing support on the occasion of the Company's 135th anniversary of founding on 15 August 2025, resulting in an annual dividend of ¥20 per share.」
Under its stable shareholder return policy, it paid dividends of ¥8 per share for the interim period, ¥12 per share for the year-end, and ¥20 per share annually. - FY2025-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 9 August 2024, the Company resolved to pay a year-end dividend as follows to shareholders recorded in the shareholder register as of 30 June 2024. Regarding the interim dividend for the 76th fiscal year, from 1 July 2024 to 30 June 2025, the Board of Directors resolved at a meeting held on 12 February 2025 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 31 December 2024.」
It states that the year-end dividend will be ¥12 per share, including a ¥2 commemorative dividend, and the interim dividend will be ¥8 per share. - FY2024-Q3RestatedAnnual report
「Regarding the interim dividend for the 75th fiscal year, from 1 July 2023 to 30 June 2024, the Board of Directors resolved at a meeting held on 14 February 2024 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 31 December 2023.」
In connection with its stable dividend policy targeting a 30% payout ratio, it has reiterated the amount paid and payment record for the interim dividend already approved. - FY2024-Q2AdvancedAnnual report
「Regarding the interim dividend for the 75th fiscal year, from 1 July 2023 to 30 June 2024, the Board of Directors resolved at a meeting held on 14 February 2024 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 31 December 2023.」
Under its stable dividend policy, it resolved to pay total interim dividends of ¥46.08 million, or ¥8 per share. The payment date is 5 March 2024. - FY2024-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 29 September 2023, the Company resolved to pay a year-end dividend as follows to shareholders recorded in the shareholder register as of 30 June 2023.」
It paid a year-end dividend under its stable dividend policy, with total dividends of ¥24.985 million and a dividend of ¥5 per share. - FY2023First statedAnnual report
「Following the listing, the Company's dividend policy is to pay dividends with a target payout ratio of 30%, based on a comprehensive assessment of business performance, financial condition, and other factors, while balancing the maximization of shareholder value with retained earnings.」
It has adopted a policy of maintaining stable dividends while securing retained earnings to support future business development and strengthen its financial position.