Balancing Long-Term Stable Dividends with Growth Investment and Retained Earnings
First written in FY2017. 3 of 6 entries say "Restated". Latest entry: 2026-05-14.
81 other companies' latest entry also says "Restated".
- 2026-05-14RestatedFinancial results briefing materials
「While maintaining financial soundness, we will take comprehensive account of consolidated earnings for the fiscal year and future funding needs, using a dividend on equity ratio (DOE) of 4% as a guideline and continuing to pay stable dividends.」
The stable dividend policy using a DOE of 4% as a guideline was reiterated. - FY2025RaisedAnnual report
「The basic policy changed to continue stable dividends, while maintaining financial soundness and comprehensively considering current consolidated results and future funding needs, using a dividend-on-equity ratio (DOE) of 4% as a guideline.」
The stable dividend policy was clarified by adding a specific guideline of a 4% DOE. - FY2024ReframedAnnual report
「The Company changed its basic policy of providing shareholders with long-term, stable returns and returning to shareholders the benefits of improved earning power on 27 March 2024, as set out below, to achieve more stable returns to shareholders.」
The dividend policy changed to determine dividend payments by taking into account, in addition to financial soundness, current consolidated results, future funding needs, and the level and increase in shareholders' equity. - FY2021RestatedAnnual report
「Under our basic policy of providing shareholders with long-term, stable returns and distributing the benefits of improved earning power, dividends are determined after taking into account retained earnings necessary for proactive future business development and strengthening the management base in preparation for rapid changes in the operating environment.」
The dividend policy of long-term, stable dividends, returns in line with earning power, and consideration of retained earnings for future investment and strengthening the management base continues. - FY2018RestatedAnnual report
「Under its basic policy of providing shareholders with long-term, stable returns and returning to shareholders the benefits of improved earning power, the Company determines dividends after taking into account the retained earnings necessary for proactive future business expansion and for strengthening its management base in preparation for sharp changes in the business environment.」
The policy of long-term, stable dividends, returns in line with earning power, and consideration of retained earnings for future investment and strengthening the management base continues. - FY2017First statedAnnual report
「Under our basic policy of providing shareholders with long-term, stable returns and distributing the benefits of improved earning power, dividends are determined after taking into account retained earnings necessary for proactive future business development and strengthening the management base in preparation for rapid changes in the operating environment.」
The dividend policy takes into account long-term stable dividends, returns linked to earning power, and retained earnings for future business development and strengthening the management base.