Dividend policy of returning to shareholders the benefits of expanded business earnings and a stronger corporate foundation
First written in FY2016. 32 of 45 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-09-25.
- FY2026-H1RestatedAnnual report
「The Board of Directors resolved the interim dividend for the fiscal year ending March 2026 (the 149th fiscal year) as follows: ① Resolution date: 24 October 2025 ② Total interim dividend: ¥99,275 million ③ Interim dividend per share: ¥53」
The interim dividend was ¥53 per share, maintaining the same level as the interim dividend in the previous fiscal year. - FY2025Dividend payout ratio benchmark set at around 40%, with dividend increaseAnnual report
「Shareholder returns are at the core of our policy, and we strive to maintain stable dividends using a payout ratio of around 40% as a medium- to long-term benchmark. We have also made share repurchases flexibly, taking share price levels and other factors into account.」
The payout ratio benchmark was expressed as “around 40%” rather than “40%,” and share repurchases were explicitly identified as a means of returning value to shareholders. The annual dividend was planned at ¥106 per share, an increase of ¥6 from the previous fiscal year. - FY2025-H1AdvancedAnnual report
「The Board of Directors resolved the interim dividend for the fiscal year ending March 2025 (the 148th fiscal year) as follows: ① Resolution date: 25 October 2024 ② Total interim dividend: ¥104,921 million ③ Interim dividend per share: ¥53」
The resolution increased the interim dividend after the stock split from ¥50 per share in the previous fiscal year to ¥53. - FY2024RaisedAnnual report
「The payout ratio was 31% over the past 10 years in total. Going forward, while continuing to take various circumstances into account, the company will work to raise the level over the medium to long term, targeting a payout ratio of 40%.」
The policy was raised from the previous medium- to long-term benchmark of around 35% to a target of 40% over the medium to long term. The annual dividend was planned at ¥100 per share after the stock split, the same as in the previous fiscal year. - FY2024-Q3AdvancedAnnual report
「Regarding the interim dividend for the fiscal year ending March 2024 (the 147th fiscal year), the Board of Directors resolved the following at its meeting held on 27 October 2023: ① Total interim dividend: ¥100,276 million ② Interim dividend per share: ¥50 ③ Effective date: 21 November 2023」
For the interim dividend of ¥50 per share after the stock split, equivalent to ¥250 per share before the split, the record states a total dividend of ¥100,276 million and an effective date of 21 November 2023. - FY2024-Q2AdvancedAnnual report
「The Board of Directors resolved the interim dividend for the fiscal year ending March 2024 (the 147th fiscal year) as follows: ① Resolution date: 27 October 2023 ② Total interim dividend: ¥100,276 million ③ Interim dividend per share: ¥50」
The company resolved an interim dividend of ¥50 per share after the stock split, equivalent to ¥250 per share before the stock split. - FY2023AdvancedAnnual report
「The year-end dividend for the fiscal year ending March 2023 (the 146th fiscal year) was set at ¥275 per share, an increase of ¥50 from the second-quarter-end dividend already paid of ¥225 per share. As a result, the annual dividend was ¥500 per share, an increase of ¥100 from the previous fiscal year and the eighth consecutive year of dividend growth.」
The year-end dividend was ¥275 and the annual dividend was ¥500, an increase of ¥100 year on year and the eighth consecutive year of dividend growth. - FY2023-Q3AdvancedAnnual report
「Regarding the interim dividend for the fiscal year ending March 2023 (the 146th fiscal year), the Board of Directors resolved the following at its meeting held on 27 October 2022: ① Total interim dividend: ¥91,504 million ② Interim dividend per share: ¥225 ③ Effective date: 21 November 2022」
For the interim dividend for the 146th fiscal year, the record states that a dividend of ¥225 per share, totaling ¥9,150.4 million, was paid. - FY2023-Q2AdvancedAnnual report
「The Board of Directors resolved the interim dividend for the fiscal year ending March 2023 (the 146th fiscal year) as follows: ① Resolution date: 27 October 2022 ② Total interim dividend: ¥91,504 million ③ Interim dividend per share: ¥225」
The resolution increased the interim dividend for the current fiscal year to ¥225 per share from ¥150 per share in the interim dividend for the 145th fiscal year. - FY2023-Q1AdvancedAnnual report
「29 June 2022 Annual General Meeting of Shareholders Common stock 103,861 250 31 March 2022 30 June 2022 Retained earnings」
For the year-end dividend for the 145th fiscal year, the record states that ¥250 per share, totaling ¥10,386.1 million, was paid on 30 June 2022. - FY2022AdvancedAnnual report
「The year-end dividend for the 145th fiscal year was set at ¥250 per share, an increase of ¥100 from the second-quarter-end dividend already paid of ¥150 per share. As a result, the annual dividend was ¥400 per share, an increase of ¥150 from the previous fiscal year and the seventh consecutive year of dividend growth.」
The year-end dividend was increased to ¥250 and the annual dividend to ¥400, marking the seventh consecutive year of dividend growth. The policy of using a payout ratio of around 35% as a medium- to long-term benchmark was also continued. - FY2022-Q3AdvancedAnnual report
「27 October 2021 Board of Directors Common stock 62,305 150 30 September 2021 19 November 2021 Retained earnings」
For the interim dividend of ¥150 per share, the record states that it became effective on 19 November 2021. - FY2022-Q2AdvancedAnnual report
「The Board of Directors resolved the interim dividend for the fiscal year ending March 2022 (the 145th fiscal year) as follows: ① Resolution date: 27 October 2021 ② Total interim dividend: ¥62,305 million ③ Interim dividend per share: ¥150」
The resolution increased the interim dividend from ¥110 per share in the previous fiscal year to ¥150. - FY2022-Q1AdvancedAnnual report
「29 June 2021 Annual General Meeting of Shareholders Common stock 58,176 140 31 March 2021 30 June 2021 Retained earnings」
For the year-end dividend for the 144th fiscal year, the record states that ¥140 per share, totaling ¥5,817.6 million, was paid on 30 June 2021. - FY2021AdvancedAnnual report
「The year-end dividend for the 144th fiscal year was set at ¥140 per share, an increase of ¥30 from the second-quarter-end dividend already paid of ¥110 per share. As a result, the annual dividend for the fiscal year was ¥250 per share, an increase of ¥30 from ¥220 in the previous fiscal year.」
The company paid an interim dividend of ¥110 per share and a year-end dividend of ¥140 per share, increasing the annual dividend from ¥220 in the previous fiscal year to ¥250. - FY2021-Q2RestatedAnnual report
「The Board of Directors resolved the interim dividend for the fiscal year ending March 2021 (the 144th fiscal year) as follows: ① Resolution date: 27 October 2020 ② Total interim dividend: ¥45,676 million ③ Interim dividend per share: ¥110」
The interim dividend was ¥110 per share, maintaining the same level as the interim dividend in the previous fiscal year. - FY2021-Q1AdvancedAnnual report
「26 June 2020 Annual General Meeting of Shareholders Common stock 45,744 110 31 March 2020 29 June 2020 Retained earnings」
For the year-end dividend for the 143rd fiscal year, the record states that ¥110 per share, totaling ¥45,744 million, was paid on 29 June 2020. - FY2020AdvancedAnnual report
「Under this policy, the company regards shareholder returns as an important part of its capital policy and will strive to maintain stable dividends, taking various circumstances into account, with a payout ratio of around 35% as a medium- to long-term benchmark. The year-end dividend for the 143rd fiscal year was set at ¥110 per share, the same amount as the second-quarter-end dividend already paid. As a result, the annual dividend for the fiscal year was ¥220 per share, an increase of ¥20 from ¥200 in the previous fiscal year.」
The company newly stated a policy of using a payout ratio of around 35% as a medium- to long-term benchmark, and increased the annual dividend from ¥200 in the previous fiscal year to ¥220. - FY2020-Q3AdvancedAnnual report
「25 October 2019 Board of Directors Common stock 45,729 110 30 September 2019 19 November 2019 Retained earnings」
For the interim dividend for the fiscal year ending March 2020, the record states that ¥110 per share, totaling ¥45,729 million, was paid on 19 November 2019. - FY2020-Q2AdvancedAnnual report
「The Board of Directors resolved the interim dividend for the fiscal year ending March 2020 (the 143rd fiscal year) as follows: ① Resolution date: 25 October 2019 ② Total interim dividend: ¥45,729 million ③ Interim dividend per share: ¥110」
The interim dividend for the fiscal year ending March 2020 was resolved at ¥110 per share, up from ¥100 per share in the interim dividend for the 142nd fiscal year. - FY2020-Q1AdvancedAnnual report
「27 June 2019 Annual General Meeting of Shareholders Common stock 41,680 100 31 March 2019 28 June 2019 Retained earnings」
For the year-end dividend for the 142nd fiscal year, the record states that ¥100 per share, totaling ¥4,168 million, was paid on 28 June 2019. - FY2019AdvancedAnnual report
「The year-end dividend for the 142nd fiscal year was set at ¥100 per share, the same amount as the interim dividend already paid of ¥100 per share. As a result, the annual dividend for the fiscal year was ¥200 per share, an increase of ¥60 from ¥140 in the previous fiscal year.」
The company paid an interim dividend of ¥100 per share and a year-end dividend of ¥100 per share, increasing the annual dividend from ¥140 in the previous fiscal year to ¥200. - FY2019-Q3AdvancedAnnual report
「26 October 2018 Board of Directors Common stock 42,662 100 30 September 2018 19 November 2018 Retained earnings」
For the interim dividend for the 142nd fiscal year, the record states that a dividend of ¥100 per share was paid on 19 November 2018. - FY2019-Q2AdvancedAnnual report
「The Board of Directors resolved the interim dividend for the fiscal year ending March 2019 (the 142nd fiscal year) as follows: ① Resolution date: 26 October 2018 ② Total interim dividend: ¥42,662 million ③ Interim dividend per share: ¥100」
The company resolved to increase the interim dividend to ¥100 per share from ¥65 per share in the 141st fiscal year, updating the specific amount of shareholder returns to be implemented. - FY2019-Q1AdvancedAnnual report
「28 June 2018 Annual General Meeting of Shareholders Common stock ¥31,992 million ¥75 31 March 2018 29 June 2018 Retained earnings」
For the year-end dividend for the 141st fiscal year, the record of payment on 29 June 2018 of ¥75 per share is stated. - FY2018AdvancedAnnual report
「In line with this policy, the year-end dividend for the 141st fiscal year was set at ¥75 per share, an increase of ¥10 from the interim dividend already paid of ¥65 per share. As a result, the annual dividend for the fiscal year was ¥140 per share, an increase of ¥20 from ¥120 in the previous fiscal year.」
The company paid an interim dividend of ¥65 per share and a year-end dividend of ¥75 per share, increasing the annual dividend from ¥120 in the previous fiscal year to ¥140. - FY2018-Q3AdvancedAnnual report
「27 October 2017 Board of Directors Common stock 27,718 65 30 September 2017 17 November 2017 Retained earnings」
For the interim dividend of ¥65 per share, the dividend payment amount is stated together with the resolution, including the effective date of 17 November 2017. - FY2018-Q2AdvancedAnnual report
「The Board of Directors resolved the following regarding the interim dividend for the 141st fiscal period: ① Resolution date: 27 October 2017 ② Total interim dividend: ¥27,718 million ③ Interim dividend per share: ¥65」
The company resolved to pay an interim dividend of ¥65 per share for the 141st fiscal period, an increase from the previous ¥60 per share. - FY2018-Q1AdvancedAnnual report
「Dividend per share: ¥60」
A dividend of ¥60 per share was paid pursuant to a resolution at the annual general meeting of shareholders held on 29 June 2017. This was an increase from ¥55 per share in the same period of the previous year. - FY2017AdvancedAnnual report
「In line with this policy, the year-end dividend for the 140th fiscal period was set at ¥60 per share, the same as the interim dividend already paid. As a result, the annual dividend for the fiscal year was ¥120 per share, an increase of ¥10 from ¥110 in the previous fiscal year, and the payout ratio was 61.7% (62.2% in the previous fiscal year).」
The company paid a ¥60 per share interim dividend and a ¥60 per share year-end dividend, increasing the annual dividend from ¥110 in the previous fiscal year to ¥120. - FY2017-Q2AdvancedAnnual report
「The Board of Directors resolved the following regarding the interim dividend for the 140th fiscal period: ① Resolution date: 28 October 2016 ② Total interim dividend: ¥25,558 million ③ Interim dividend per share: ¥60」
Following the ¥55 per share dividend for the fiscal year ended March 2016, the Board of Directors resolved to pay an interim dividend of ¥60 per share for the 140th fiscal period. - FY2017-Q1AdvancedAnnual report
「Dividend per share: ¥55」
A dividend of ¥55 per share was paid on 30 June 2016. This was an increase from ¥50 per share in the same period of the previous year, demonstrating a specific dividend outcome under the shareholder-return policy. - FY2016First statedAnnual report
「From a long-term perspective, our basic policy is to focus on expanding business earnings and strengthening the corporate foundation, and to pay dividends that appropriately return the results of these management efforts to shareholders.」
The company sets out a basic policy linking long-term earnings growth and a stronger corporate foundation with appropriate shareholder returns.