Stable dividends targeting a total payout ratio of 30%
First written in FY2016. 20 of 40 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
46 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Resolution status at the Board of Directors meeting (14 May 2025): 2,500,000 shares; ¥5,000,000,000” ”Treasury shares acquired during the current fiscal year: 1,493,200 shares; ¥4,999,827,900” ”Treasury shares cancelled: 1,493,200 shares」
Under the treasury share acquisition program capped at 2,500,000 shares and ¥5 billion, 1,493,200 shares were acquired for approximately ¥5 billion and the same number of shares was cancelled. The dividend was set at ¥160 per share, comprising an interim dividend of ¥70 and a planned year-end dividend of ¥90, with a payout ratio of 68.6%. - FY2026-H1RaisedAnnual report
「Annual General Meeting of Shareholders held on 27 June 2025; common shares; 4,413; 80; 31 March 2025; 30 June 2025; retained earnings Board of Directors meeting held on 13 November 2025; common shares; 3,804; 70; 30 September 2025; 4 December 2025; retained earnings Outflow from the acquisition of treasury shares; △; 2,657」
On a post-share-split basis, the interim dividend increased from the previous fiscal year's equivalent of ¥60 per share to ¥70. In addition, an outflow of ¥2.657 billion from the acquisition of treasury shares was recorded during the interim period. - FY2025-H1AdvancedAnnual report
「Annual General Meeting of Shareholders held on 27 June 2024; common shares; 3,309; 120; 31 March 2024; 28 June 2024; retained earnings Board of Directors meeting held on 13 November 2024; common shares; 3,309; 120; 30 September 2024; 4 December 2024; retained earnings」
The ¥120-per-share year-end dividend for the fiscal year ended March 2024 was paid on 28 June, and an interim dividend of ¥120 per share, totaling ¥3.309 billion, was approved for the fiscal year ending March 2025. - FY2024AdvancedAnnual report
「For the current fiscal year, we decided to pay a dividend of ¥240 per share based on the policy above, including an interim dividend of ¥120. As a result, the payout ratio for the current fiscal year was 80.0%. ”Treasury shares acquired during the current fiscal year: 353,800 shares; ¥1,999,736,000” ”Treasury shares were acquired through market purchases on the Tokyo Stock Exchange.”」
An annual dividend of ¥240 was paid and the payout ratio was 80.0%. Under the treasury share acquisition program approved in November 2023, 353,800 shares were acquired through market purchases for approximately ¥2 billion. The full 500,000-share acquisition limit was not used, leaving 146,200 shares available. - FY2024-Q3AdvancedAnnual report
「Board of Directors meeting held on 8 November 2023; common shares; 3,346; 120; 30 September 2023; 5 December 2023; retained earnings」
For the interim dividend approved on 8 November 2023, ¥3.346 billion in total, or ¥120 per share, was paid on 5 December 2023. - FY2024-Q2RaisedAnnual report
「At a meeting of the Board of Directors held on 8 November 2023, the following resolution was passed concerning the interim dividend for the current period: ”Total dividends: ¥3.346 billion” ”Dividend per share: ¥120” ”Total number of shares to be acquired: 500,000 shares (maximum)” ”Total acquisition cost: ¥2 billion (maximum)” ”Acquisition period: 9 November 2023 to 22 March 2024” ”Acquisition method: market purchases on the Tokyo Stock Exchange”」
An interim dividend of ¥120 per share was approved, an increase from the previous year's interim dividend of ¥90. In addition, a treasury share acquisition program capped at 500,000 shares and ¥2 billion was established to improve capital efficiency and enhance shareholder returns. - FY2024-Q1RaisedAnnual report
「Annual General Meeting of Shareholders held on 29 June 2023 Common shares 4,182 150 31 March 2023 30 June 2023 Retained earnings」
For the year-end dividend for the fiscal year ended March 2023, ¥150 per share, totaling ¥4.182 billion, was paid on 30 June 2023. This was an increase from the previous fiscal year's year-end dividend of ¥125 per share. - FY2023-Q3AdvancedAnnual report
「Board of Directors meeting held on 4 November 2022; common shares; 2,509; 90; 30 September 2022; 5 December 2022; retained earnings」
For the interim dividend based on a record date of 30 September 2022, ¥90 per share, totaling ¥2.509 billion, was approved, and the process had progressed to the payment stage on 5 December 2022. - FY2023-Q2RaisedAnnual report
「Board of Directors meeting held on 4 November 2022; common shares; 2,509; 90; 30 September 2022; 5 December 2022; retained earnings」
An interim dividend based on a record date of 30 September 2022 was approved at ¥90 per share, totaling ¥2.509 billion. This was an increase from the previous year's interim dividend of ¥55 per share. - FY2023-Q1AdvancedAnnual report
「Annual General Meeting of Shareholders held on 29 June 2022; common shares; 3,491; 125; 31 March 2022; 30 June 2022; retained earnings」
For the year-end dividend for the fiscal year ended March 2022, ¥125 per share, totaling ¥3.491 billion, was paid on 30 June 2022. - FY2022RaisedAnnual report
「For the current fiscal year, we decided to pay a dividend of ¥180 per share based on the policy above, including an interim dividend of ¥55. As a result, the payout ratio for the current fiscal year was 63.4%.」
The annual dividend increased from ¥110 per share in the previous fiscal year to ¥180, comprising an interim dividend of ¥55 and a year-end dividend of ¥125, and the payout ratio was 63.4%. - FY2022-Q3AdvancedAnnual report
「Board of Directors meeting held on 4 November 2021; common shares; 1,536; 55; 30 September 2021; 6 December 2021; retained earnings」
For the interim dividend approved on 4 November 2021, ¥55 per share, totaling ¥1.536 billion, was paid on 6 December 2021. - FY2022-Q2RaisedAnnual report
「Board of Directors meeting held on 4 November 2021; common shares; 1,536; 55; 30 September 2021; 6 December 2021; retained earnings」
An interim dividend based on a record date of 30 September 2021 was approved at ¥55 per share, totaling ¥1.536 billion. This was an increase from the previous year's interim dividend of ¥40 per share. - FY2022-Q1AdvancedAnnual report
「Annual General Meeting of Shareholders held on 29 June 2021; common shares; 1,980; 70; 31 March 2021; 30 June 2021; retained earnings At a meeting of the Board of Directors held on 3 August 2021, the Company resolved to cancel treasury shares pursuant to Article 178 of the Companies Act.」
The process had progressed to the payment stage for the year-end dividend for the fiscal year ended March 2021, totaling ¥1.98 billion, or ¥70 per share. In addition, the cancellation of 580,100 treasury shares was approved to improve capital efficiency and enhance shareholder returns. - FY2021RaisedAnnual report
「For the current fiscal year, we decided to pay a dividend of ¥110 per share based on the policy above, including an interim dividend of ¥40. As a result, the payout ratio for the current fiscal year was 78.7%.」
The annual dividend increased from ¥80 in the previous fiscal year to ¥110, and the payout ratio was 78.7%. Treasury share acquisitions totaled 1,403,200 shares under the resolution passed in February 2020 and 219,300 shares under the resolution passed in February 2021 during the current fiscal year. - FY2021-Q3AdvancedAnnual report
「”Total number of shares to be acquired: 800,000 shares (maximum)” ”Ratio to total issued shares excluding treasury shares: 2.81%” ”Total acquisition cost: ¥2 billion (maximum)” ”Acquisition period: 8 February 2021 to 23 June 2021” ”Acquisition method: market purchases on the Tokyo Stock Exchange”」
At a meeting of the Board of Directors held on 5 February 2021, a new treasury share acquisition program capped at 800,000 shares and ¥2 billion was approved to improve capital efficiency and enhance shareholder returns. - FY2021-Q3AchievedAnnual report
「30 November 2020; △1,735,500; 29,391,807; –; 29,166; –; 24,148」
The 1,735,500 treasury shares approved for cancellation in the second quarter were cancelled on 30 November 2020, reducing the total number of issued shares. - FY2021-Q3AdvancedAnnual report
「Board of Directors meeting held on 6 November 2020; common shares; 1,149; 40; 30 September 2020; 7 December 2020; retained earnings」
For the interim dividend based on a record date of 30 September 2020, ¥40 per share, totaling ¥1.149 billion, was paid on 7 December 2020. - FY2021-Q2AdvancedAnnual report
「Cash flows from financing activities amounted to an outflow of ¥1.891 billion, compared with an outflow of ¥2.573 billion in the same period of the previous year. This was mainly attributable to the acquisition of treasury shares and payment of dividends. ”Reason for cancellation of treasury shares: to further improve capital efficiency and share value” ”Number of shares to be cancelled: 1,735,500 shares (5.58% of the total number of issued shares before cancellation)” ”Scheduled cancellation date: 30 November 2020”」
For the six months ended 30 September, an outflow of ¥3.397 billion from the acquisition of treasury shares was recorded. In addition, the cancellation of 1,735,500 shares, or 5.58% of total issued shares, was approved for 30 November. - FY2021-Q2RaisedAnnual report
「At a meeting of the Board of Directors held on 6 November 2020, the following resolution was passed concerning the interim dividend for the current period: ”Total dividends: ¥1.149 billion” ”Dividend per share: ¥40”」
An interim dividend of ¥40 per share was approved. This was an increase from the previous year's interim dividend of ¥30 per share. - FY2021-Q1AdvancedAnnual report
「Annual General Meeting of Shareholders held on 26 June 2020; common shares; 1,495; 50; 31 March 2020; 29 June 2020; retained earnings」
On 29 June 2020, the process had progressed to the payment stage for the year-end dividend for the fiscal year ended March 2020, totaling ¥1.495 billion, or ¥50 per share. - FY2020AdvancedAnnual report
「For the year-end dividend for the current fiscal year, we decided to pay ¥50 per share based on the policy above, comprising a regular dividend of ¥30 and a ¥20 commemorative dividend for the Company's 100th anniversary. ”Resolution status at the Board of Directors meeting (4 February 2020): 2,000,000 shares; ¥5,000,000,000” ”Treasury shares acquired during the current fiscal year: 332,300 shares; ¥935,650,000”」
An annual dividend of ¥80, including the ¥20 100th anniversary commemorative dividend, was approved. Under the treasury share acquisition program capped at 2 million shares and ¥5 billion, 332,300 shares were acquired for ¥935.65 million. - FY2020-Q3RaisedAnnual report
「At a meeting of the Board of Directors held on 4 February 2020, the Company resolved matters concerning the acquisition of treasury shares pursuant to Article 156 of the Companies Act, as applied by replacing the terms under Article 165, paragraph 3 of the same Act: ”Total number of shares to be acquired: 2 million shares (maximum)” ”Total acquisition cost: ¥5 billion (maximum)” ”Acquisition period: 6 February 2020 to 30 October 2020” ”Acquisition method: market purchases on the Tokyo Stock Exchange”」
A treasury share acquisition program was established to improve capital efficiency and enhance shareholder returns. The maximum acquisition cost was increased from the previous ¥2 billion to ¥5 billion, and the acquisition period and market purchase method were also specified. - FY2020-Q2AdvancedAnnual report
「Board of Directors meeting held on 6 November 2019; common shares; 907; 30; 30 September 2019; 4 December 2019; retained earnings」
On 6 November 2019, a total interim dividend of ¥970 million, or ¥30 per share on a post-consolidation basis, was approved based on a record date of 30 September 2019, and payment was scheduled for 4 December. - FY2020-Q1AdvancedAnnual report
「Annual General Meeting of Shareholders held on 27 June 2019; common shares; 907; 30; 31 March 2019; 28 June 2019; retained earnings」
On 28 June 2019, the process had progressed to the payment stage for the 2018 year-end dividend, totaling ¥970 million, or ¥30 per share. - FY2019RestatedAnnual report
「For the year-end dividend for the current fiscal year, we decided to pay ¥30 per share based on the policy above. On 1 October 2018, we consolidated our common shares at a ratio of 1 share for every 5 shares. Because we paid an interim dividend of ¥6 per share based on a record date of 30 September 2018, before the share consolidation, the annual dividend for the current fiscal year, converted to reflect the post-consolidation basis, was ¥60 per share, including the ¥30 interim dividend. As a result, the payout ratio was 45.4%.」
The stable dividend policy continues, with the annual dividend on a post-consolidation basis stated as ¥60 and the payout ratio as 45.4%. - FY2019-Q3AdvancedAnnual report
「Board of Directors meeting held on 6 November 2018; common shares; 907; 6; 30 September 2018; 4 December 2018; retained earnings」
For the interim dividend approved on 6 November 2018, the process had progressed to the payment stage on 4 December of ¥970 million in total, or ¥6 per share. - FY2019-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 6 November 2018, the following resolution was passed concerning the interim dividend for the current period: ”Total dividends: ¥907 million” ”Dividend per share: ¥6”」
An interim dividend totaling ¥970 million, or ¥6 per share, was approved. The dividend remains at the same level as previously stated. - FY2018RestatedAnnual report
「With respect to the distribution of profits, our basic policy is to make an overall determination based primarily on earnings trends, taking into consideration the maintenance of stable dividends, enhancement of shareholders' equity and improvement of our financial position, among other factors. We generally pay dividends of surplus twice a year, as interim and year-end dividends.」
Although the 30% total payout ratio target was not reiterated, the policy of making an overall determination based on stable dividends, enhancement of shareholders' equity and improvement of the financial position continues. - FY2017SoftenedAnnual report
「For dividends for the fiscal year, the company decided to pay an ordinary dividend of ¥12 per share in accordance with the policy above. As a result, the payout ratio was 5.8%. Retained funds will be allocated to R&D and capital investment for developing high-value-added products and strengthening competitiveness, as well as to M&A and other purposes.」
The stable dividend policy continues, but the previously stated 30% total payout ratio target was not reiterated in the dividend policy in this filing. The dividend for the current period was stated as ¥12 per share, with a payout ratio of 5.8%. - FY2017-Q2AdvancedAnnual report
「Funds used in financing activities amounted to ¥9.837 billion, up 217.9% year on year. This was mainly due to a ¥6.781 billion decrease in borrowings, ¥1.891 billion in payments for the acquisition of treasury shares and ¥1.085 billion in dividend payments.」
The company recorded ¥1.891 billion in payments for the acquisition of treasury shares, indicating progress in implementing shareholder returns. As of 30 September 2016, treasury shares totaled 4.094 million, and an interim dividend of ¥6 was also approved. - FY2017-Q1AdvancedAnnual report
「The purpose is to pursue flexible capital policies in response to changes in the management environment and enhance shareholder returns. Total number of shares to be acquired: 5.2 million shares (maximum). Total acquisition cost: ¥2.0 billion (maximum). Acquisition period: 2 August 2016 to 31 October 2016. Method: market purchases on the Tokyo Stock Exchange.」
As a concrete shareholder return measure, the company resolved to acquire treasury shares, subject to a maximum of 5.2 million shares and ¥2.0 billion, and specified the acquisition period and market purchases as the implementation method. - FY2016First statedAnnual report
「While securing funding for growth investment, the company will pay stable and sustainable dividends, targeting a total payout ratio of 30%.」
The company has set a target total payout ratio of 30%. For the fiscal year, the dividend was ¥12 per share and the payout ratio was 31.9%.