Stable shareholder returns targeting a 30% consolidated payout ratio
First written in FY2016. 13 of 27 entries say "Advanced", first in FY2017. Latest entry: 2026-08-13.
38 other companies' latest entry also says "Restated".
- FY2026RaisedAnnual report
「Our basic policy on shareholder returns is to make stable and ongoing returns, targeting a consolidated payout ratio of 40%, while flexibly repurchasing treasury shares as appropriate, after comprehensively considering each period's earnings, medium- to long-term profit trends, investment plans and financial position. In addition, for the period from fiscal 2025 through fiscal 2027, we plan to implement progressive dividends, maintaining or increasing the dividend on the assumption that financial soundness is maintained.」
The target consolidated payout ratio was raised from the previous 30% to 40%, and a progressive dividend policy for fiscal 2025 through fiscal 2027 was added. The annual dividend was ¥160 per share. - FY2026-H1AdvancedAnnual report
「At the board of directors meeting held on 12 November 2025, the company resolved to pay an interim dividend to shareholders listed or recorded in the shareholder registry as of 30 September 2025, as follows: (a) Total dividends from retained earnings ¥4,915 million (b) Dividend per share ¥80.00」
An interim dividend of ¥80 per share was approved, up from ¥60 in the same period of the previous year. Under the policy of providing stable returns to shareholders, the dividend level increased materially. - FY2025-H1AdvancedAnnual report
「At the board of directors meeting held on 12 November 2024, the company resolved to pay an interim dividend to shareholders listed or recorded in the shareholder registry as of 30 September 2024, as follows: (a) Total dividends from retained earnings ¥3,776 million (b) Dividend per share ¥60.00」
An interim dividend of ¥60 per share was approved, up from ¥55 per share in the same period of the previous year. - FY2024-Q3AdvancedAnnual report
「At the board of directors meeting held on 8 February 2024, the company resolved matters relating to the repurchase of treasury shares pursuant to the provisions of Article 459, Paragraph 1 of the Companies Act and the company's Articles of Incorporation, and resolved to cancel treasury shares pursuant to Article 178 of the Companies Act. Maximum number of shares to be acquired: 2 million shares / Maximum total acquisition cost: ¥8 billion / Acquisition period: from 9 February 2024 to 21 June 2024 / Scheduled cancellation date: 29 March 2024」
To enhance shareholder value and enable flexible capital management, the company resolved to repurchase up to 2 million shares for up to ¥8 billion and cancel 2 million shares. - FY2023AdvancedAnnual report
「After comprehensively considering earnings trends, the payout ratio and other factors, the dividend for the fiscal year was set at ¥110 per share. As ¥55 per share has already been paid as an interim dividend, the year-end dividend was ¥55 per share.」
Under the policy of targeting a consolidated payout ratio of 30%, the annual dividend was ¥110 per share. In addition, based on a board resolution, the company repurchased 2,300,000 shares up to a maximum value of ¥10 billion, with purchases during the fiscal year totaling approximately ¥8.04 billion. - FY2023-Q3RestatedAnnual report
「At the board of directors meeting held on 9 November 2022, the following dividend was approved: total dividends from retained earnings of ¥3,685 million, ¥55.00 per share, and an effective date for the payment claim and payment commencement date of 5 December 2022.」
A dividend of ¥55 per share was approved, and stable returns to shareholders continue. - FY2023-Q2RestatedAnnual report
「At the board of directors meeting held on 9 November 2022, the following dividend was approved: total dividends from retained earnings of ¥3,685 million, ¥55.00 per share, and an effective date for the payment claim and payment commencement date of 5 December 2022.」
A dividend of ¥55 per share was approved, with 30 September 2022 as the record date, and the company continues to provide ongoing returns to shareholders. - FY2023-Q1AdvancedAnnual report
「At a Board of Directors meeting held on 12 May 2022, the Company resolved as follows regarding dividends: total dividends from retained earnings of ¥3,914 million; dividend per share of ¥60.00; effective date of the payment claim and payment commencement date: 13 June 2022.」
For the dividend for the fiscal year ended March 2022, the Company resolved to pay ¥60 per share, an increase from the ¥50 per share disclosed previously. - FY2022-Q2RestatedAnnual report
「At a Board of Directors meeting held on 9 November 2021, the Company resolved as follows regarding dividends: (a) Total dividends from retained earnings ¥3,261 million (b) Dividend per share ¥50.00 (c) Effective date of the payment claim and payment commencement date 6 December 2021」
The Company resolved to pay a dividend of ¥50 per share and continued to provide stable shareholder returns. - FY2021SoftenedAnnual report
「With respect to shareholder returns, we take into comprehensive consideration the results of each fiscal year, medium- to long-term earnings trends, investment plans, and financial position, and our basic policy is to maintain stable and continued returns, using a consolidated dividend payout ratio of 30% as a guideline and implementing share buybacks flexibly depending on circumstances.」
The wording has been softened from “a 30% consolidated dividend payout ratio target” to “30% as a guideline,” and the policy now provides for share buybacks depending on circumstances. The annual dividend was ¥100 per share. - FY2021-Q2RestatedAnnual report
「At a Board of Directors meeting held on 10 November 2020, the Company resolved as follows regarding dividends: (a) Total dividends from retained earnings ¥3,261 million (b) Dividend per share ¥50.00 (c) Effective date of the payment claim and payment commencement date 7 December 2020」
The Company resolved to pay a dividend of ¥50 per share with the record date at the end of September 2020 and continued to provide stable shareholder returns. - FY2020-Q2AdvancedAnnual report
「12 November 2019 Board of Directors Common shares Retained earnings 3,261 50 30 September 2019 5 December 2019」
The Company resolved to pay a dividend of ¥50 per share, totaling ¥3,261 million, with 30 September 2019 as the record date and 5 December as the effective date and payment commencement date. - FY2020-Q1AdvancedAnnual report
「At a Board of Directors meeting held on 14 May 2019, the Company resolved as follows regarding dividends: total dividends of ¥3,587 million for 202 million; dividend per share of ¥55.00; effective date of the payment claim and payment commencement date: 6 June 2019.」
The Company resolved to pay a dividend of ¥55 per share, including a ¥10 commemorative dividend for the 70th anniversary of its founding, and began payments on 6 June. - FY2019AdvancedAnnual report
「After comprehensively considering earnings trends, the dividend payout ratio, and other factors, the Company decided to pay a dividend of ¥100 per share for the current period, calculated on a post-share consolidation basis, including a ¥10 commemorative dividend for the 70th anniversary of its founding.」
Under a policy combining a 30% consolidated dividend payout ratio target with share buybacks, the Company decided to pay an annual dividend of ¥100 per share on a post-share consolidation basis. - FY2019-Q3AdvancedAnnual report
「(2) Total number of shares to be acquired: 400,000 shares (maximum) (Percentage of issued shares excluding treasury shares: 0.61%) (3) Total acquisition cost: ¥2 billion (maximum) (4) Acquisition period: 12 February 2019 to 22 March 2019 (5) Acquisition method: Market purchases on the Tokyo Stock Exchange 3. Details of the cancellation of shares (2) Number of shares to be cancelled: 2 million shares (3) Scheduled cancellation date: 29 March 2019」
The Company resolved to repurchase up to 400,000 shares for up to ¥2 billion and cancel 2 million shares, with the aim of enhancing shareholder value and implementing flexible capital policies. - FY2019-Q2RestatedAnnual report
「At a Board of Directors meeting held on 8 November 2018, the Company resolved as follows regarding dividends: (a) Total dividends from retained earnings ¥2,953 million (b) Dividend per share ¥9.00」
The Company resolved to pay a dividend of ¥9 per share with the record date at the end of the second quarter and continued to provide stable shareholder returns. - FY2019-Q1RestatedAnnual report
「At a Board of Directors meeting held on 11 May 2018, the Company resolved as follows regarding dividends: (a) Total dividends from retained earnings: ¥2,953 million; (b) Dividend per share: ¥9.00.」
The Company resolved to pay an interim dividend of ¥9 per share and continued to provide stable shareholder returns. - FY2018-Q3RestatedAnnual report
「At a Board of Directors meeting held on 9 November 2017, the Company resolved as follows regarding dividends: (a) Total dividends from retained earnings: ¥2,953 million; (b) Dividend per share: ¥9.00.」
The Company paid an interim dividend of ¥9 per share and continued to provide stable shareholder returns. - FY2017AdvancedAnnual report
「After comprehensively considering earnings trends, the dividend payout ratio, and other factors, the Company decided to pay a dividend of ¥18 per share for the current period.」
Under a policy combining a 30% consolidated dividend payout ratio target with share buybacks, the Company paid a dividend of ¥18 per share and repurchased 2 million treasury shares during the current period. - FY2016First statedAnnual report
「With respect to shareholder returns, we take into comprehensive consideration the results of each fiscal year, medium- to long-term earnings trends, investment plans, and financial position, and our basic policy is to maintain stable and continued returns, targeting a consolidated dividend payout ratio of 30% and combining this with share buybacks.」
The Company has stated a shareholder return policy combining dividends and share buybacks, with a 30% dividend payout ratio target.