Shareholder returns targeting a 50% payout ratio and consideration of share buybacks
First written in FY2018. 7 of 13 entries say "Restated". Latest entry: FY2026.
41 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Company regards returning profits to shareholders as an important management policy and will continue to target a payout ratio of 50%, based on its policy of paying stable and sustained dividends commensurate with performance.」
The shareholder return policy of targeting a 50% payout ratio has also been maintained as part of the capital policy under the medium- to long-term growth strategy. - FY2025RestatedAnnual report
「The Company regards returning profits to shareholders as an important management policy and will continue to target a payout ratio of 50%, based on its policy of paying stable and sustained dividends commensurate with performance.」
The shareholder return policy of targeting a 50% payout ratio remains in place. The payout ratio for the fiscal year was 58.1%, and the dividend per share was ¥20. - FY2024-Q3RestatedAnnual report
「27 June 2023 Annual General Meeting of Shareholders Common shares 1,088 121 31 March 2023 28 June 2023 Retained earnings」
For the fiscal year ended March 2023, previously reported dividend figures are reproduced: total dividends of ¥1,088 million and dividends of ¥121 per share. - FY2021-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 31 March 2020, the Company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied with the necessary changes under Article 165, Paragraph 3 of the Act, and is carrying out the acquisition. 1. Reason for acquiring treasury shares To strengthen shareholder returns, improve capital efficiency and enable flexible capital policies in the future. 2. Details of the acquisition (1) Class of shares to be acquired The Company's common shares (2) Total number of shares to be acquired 800,000 shares (maximum) (3) Total acquisition price ¥900,000,000 (maximum) (4) Acquisition period From 1 April 2020 to 31 March 2021 (5) Acquisition method Market purchases」
The Company continues to plan market purchases of treasury shares through 31 March 2021, for the purpose of strengthening shareholder returns and improving capital efficiency, up to 800,000 shares and ¥900 million. - FY2021-Q2AdvancedAnnual report
「The decrease in cash from financing activities during the current six-month consolidated cumulative period was ¥1,136 million, compared with a decrease of ¥1,037 million in the previous six-month consolidated cumulative period. This was mainly attributable to expenditure on the acquisition of treasury shares (¥594 million) and dividend payments (¥477 million).」
The Company reports expenditure of ¥594 million during the current six-month consolidated cumulative period in connection with the implementation of the treasury share acquisition plan. - FY2021-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 31 March 2020, the Company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied with the necessary changes under Article 165, Paragraph 3 of the Act, and is carrying out the acquisition.」
The Company continues to plan market purchases of treasury shares from 1 April 2020 through 31 March 2021, for the purpose of strengthening shareholder returns and improving capital efficiency, up to 800,000 shares and ¥900 million. - FY2020RaisedAnnual report
「In fiscal 2020, the Company plans to acquire up to 800,000 treasury shares for a maximum of ¥900 million.」
The new limit for the treasury share acquisition has been set at 800,000 shares and ¥900 million, increasing the scale of the acquisition from the previous 340,000 shares and ¥400 million. - FY2020-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 28 February 2019, the Company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied with the necessary changes under Article 165, Paragraph 3 of the Act, and is carrying out the acquisition. 1. Reason for acquiring treasury shares: To strengthen shareholder returns, improve capital efficiency and enable flexible capital policies in the future. 2. Details of the acquisition: (1) Class of shares to be acquired: The Company's common shares (2) Total number of shares to be acquired: 340,000 shares (maximum) (3) Total acquisition price: ¥400,000,000 (maximum) (4) Acquisition period: From 1 March 2019 to 29 February 2020 (5) Acquisition method: Market purchases」
The Company continues to plan market purchases of treasury shares from March 2019 through February 2020, for the purpose of strengthening shareholder returns and improving capital efficiency, up to 340,000 shares and ¥400 million. - FY2020-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 28 February 2019, the Company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied with the necessary changes under Article 165, Paragraph 3 of the Act, and is carrying out the acquisition. 1. Reason for acquiring treasury shares: To strengthen shareholder returns, improve capital efficiency and enable flexible capital policies in the future. 2. Details of the acquisition: (1) Class of shares to be acquired: The Company's common shares (2) Total number of shares to be acquired: 340,000 shares (maximum) (3) Total acquisition price: ¥400,000,000 (maximum) (4) Acquisition period: From 1 March 2019 to 29 February 2020 (5) Acquisition method: Market purchases」
The Company continues to resolve on and carry out market purchases of treasury shares from March 2019 through February 2020, for the purpose of strengthening shareholder returns and improving capital efficiency, up to 340,000 shares and ¥400 million. - FY2019AdvancedAnnual report
「At a meeting of the Board of Directors held on 28 February 2019, the Company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied with the necessary changes under Article 165, Paragraph 3 of the Act, and carried out the acquisition.」
Following completion of the previous treasury share acquisition, the Company resolved on 28 February 2019 to acquire up to 340,000 shares for a maximum of ¥400 million, and acquired 27,800 shares during the fiscal year. - FY2019-Q3AchievedAnnual report
「The acquisition ended on 8 February 2019 as follows. (1) Class of shares acquired: common shares of the Company. (2) Total number of shares acquired: 170,000 shares. (3) Total acquisition cost: ¥199,848,900. (4) Acquisition period: from 1 October 2018 through 8 February 2019 (settlement date basis). (5) Acquisition method: market purchases, including treasury share off-auction purchases (ToSTNeT-3).」
The Company acquired 170,000 shares for ¥199,848,900, against the limit of 170,000 shares and ¥200 million approved by the Board of Directors, completing the acquisition on 8 February 2019. - FY2019-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 28 September 2018, the Company resolved to acquire treasury shares and implemented the acquisition pursuant to Article 156 of the Companies Act, as applied with the necessary changes under Article 165, paragraph 3 of the Act.」
To strengthen shareholder returns and improve capital efficiency, the Board of Directors resolved to conduct market purchases of up to 170,000 treasury shares for a total amount of up to ¥200 million from 1 October 2018 through 31 March 2019. - FY2018First statedAnnual report
「The Company positions the return of profits to shareholders as an important management policy. Its basic policy is to pay stable and continuous dividends in line with performance, with a target payout ratio of 50%. In addition, it will consider share repurchases as an option for shareholder returns, taking into account cash flow, investment trends and share price conditions.」
In addition to its stable dividend policy, the Company newly disclosed a numerical target of a 50% payout ratio and a policy of considering share repurchases as an option for shareholder returns.