30% shareholder return ratio target
First written in FY2016. 14 of 23 entries say "Restated". Latest entry: 2026-11-05.
54 other companies' latest entry also says "Advanced".
- FY2026RaisedAnnual report
「Under the new medium-term strategy "Accelerate 2030," beginning in fiscal 2026, the company decided to raise its DOE target to at least 5% and its shareholder return ratio target to at least 60% in order to achieve stable and sustained progressive dividends and maintain or increase total shareholder returns.」
Under Accelerate 2030, the company raised its total payout ratio target from at least 40% to at least 60%. - FY2025-H1RestatedAnnual report
「The company aims for a dividend on equity (DOE) of at least 4% and, continuing its policy, aims for an annual shareholder return ratio of at least 40%, combining dividends and flexible treasury share purchases.」
The company continues its policy of a DOE of at least 4% and an annual shareholder return ratio of at least 40%, combining dividends and treasury share purchases. - FY2024ReframedAnnual report
「From fiscal 2024, the company decided to introduce DOE (dividend on equity) as a new metric, in addition to the shareholder return ratio, to clarify its commitment to stable dividends.」
The company reorganized its policy to retain the target of a shareholder return ratio of at least 40% while adding DOE as a metric indicating dividend stability. - FY2024-Q1RestatedAnnual report
「The company targets a total payout ratio of at least 40% for shareholder returns and will respond flexibly while considering treasury share purchases.」
The company has reaffirmed the policy under the medium-term strategy "Accelerate 2025" of targeting a total payout ratio of at least 40% while considering treasury share purchases. - FY2023-Q1RestatedAnnual report
「Regarding profit distribution, under the medium-term strategy "Accelerate 2025-Ⅱ," the company aims to improve cash generation through stronger earnings power and reductions in the cash conversion cycle, including optimization of inventory levels. It will further enhance cash generation by selling strategic equity holdings and use surplus funds for growth investment and shareholder returns. The company targets a total payout ratio of at least 40% and will respond flexibly while considering treasury share purchases.」
The company continues its flexible shareholder return policy of a total payout ratio of at least 40%, while considering treasury share purchases. - FY2022RestatedAnnual report
「Regarding profit distribution, under the six-year medium-term strategy "Accelerate 2025-II" beginning in fiscal 2020, the company aims to improve cash generation through stronger earnings power and reductions in the cash conversion cycle, including optimization of inventory levels. It will further enhance cash generation by selling strategic equity holdings and use surplus funds for growth investment and shareholder returns. The company targets a total payout ratio of at least 40% and will respond flexibly while considering treasury share purchases.」
The company has reaffirmed its policy under the subsequent medium-term strategy designation "Accelerate 2025-II" of targeting a total payout ratio of at least 40% while considering treasury share purchases. - FY2022-Q3RestatedAnnual report
「The company targets a total payout ratio of at least 40% for shareholder returns and will respond flexibly while considering treasury share purchases.」
Under the medium-term strategy "Accelerate 2025-II," the company continues its flexible shareholder return policy of a total payout ratio of at least 40%, while considering treasury share purchases. - FY2022-Q1RestatedAnnual report
「The company targets a total payout ratio of at least 40% for shareholder returns and will respond flexibly while considering treasury share purchases.」
Under Accelerate 2025-II, the company continues its shareholder return policy of a total payout ratio of at least 40%, while considering treasury share purchases. - FY2021RaisedAnnual report
「Under the Accelerate 2025 medium-term strategy beginning in fiscal 2020, we set the current dividend per share as the floor and target an annual total payout ratio of at least 40%, combining dividends with flexible share repurchases.」
Under Accelerate 2025, the company raised its target from the previous 30% dividend payout ratio under 3D-Ⅲ to a total payout ratio of at least 40%, with the current dividend amount as the floor. - FY2020SoftenedAnnual report
「Under the medium-term strategy "Accelerate 2025," beginning in fiscal 2020, the company will continue to determine profit distribution comprehensively, taking into account the maximization of asset efficiency, the achievement of an optimal capital structure, maintenance of financial soundness to preserve funding capacity, and stable dividends that reflect consolidated performance.」
The explicit 30% dividend payout ratio target stated in 3D-Ⅲ was not carried forward into the new medium-term strategy, which was reorganized around a policy of stable dividends reflecting consolidated performance. - FY2020-Q3RestatedAnnual report
「Regarding profit distribution, under the three-year medium-term plan "3D-Ⅲ" beginning in fiscal 2017, the company aims for a 30% dividend payout ratio and is also conducting treasury share purchases flexibly as a shareholder return measure complementary to dividends.」
The company continues to target a 30% dividend payout ratio under 3D-Ⅲ and to conduct treasury share purchases as a complementary and flexible measure. - FY2020-Q1RestatedAnnual report
「Regarding profit distribution, under the three-year medium-term plan "3D-Ⅲ" beginning in fiscal 2017, the company aims for a 30% dividend payout ratio and is also conducting treasury share purchases flexibly as a shareholder return measure complementary to dividends.」
The company continues its policy of targeting a 30% dividend payout ratio under 3D-Ⅲ and conducting treasury share purchases as a complementary and flexible measure. - FY2019RestatedAnnual report
「Under the three-year medium-term plan "3D-Ⅲ" beginning in fiscal 2017, the company aims for a 30% dividend payout ratio and is also conducting treasury share purchases flexibly.」
The company continues its policy of targeting a 30% dividend payout ratio under 3D-Ⅲ and conducting treasury share purchases as a complementary and flexible measure. - FY2019-Q3RestatedAnnual report
「With respect to profit allocation, our 3D-III medium-term plan covering the 3 years from fiscal 2017 targets a dividend payout ratio of 30%. We will also conduct share repurchases flexibly as a shareholder return measure that complements dividends.」
The company continues to target a 30% dividend payout ratio under 3D-Ⅲ and to conduct treasury share purchases as a complementary and flexible measure. - FY2019-Q1RestatedAnnual report
「With respect to profit allocation, our 3D-III medium-term plan covering the 3 years from fiscal 2017 targets a dividend payout ratio of 30%. We will also conduct share repurchases flexibly as a shareholder return measure that complements dividends.」
The company has reaffirmed the 30% dividend payout ratio target and treasury share purchase policy under 3D-Ⅲ. - FY2018RestatedAnnual report
「Under the three-year medium-term plan "3D-Ⅲ" beginning in fiscal 2017, the company aims for a 30% dividend payout ratio and will also conduct treasury share purchases flexibly as a shareholder return measure complementary to dividends.」
The company continues to target a 30% dividend payout ratio under 3D-Ⅲ and to conduct treasury share purchases flexibly as a complementary measure. - FY2017ReframedAnnual report
「Under the new three-year medium-term plan "3D-Ⅲ" beginning in fiscal 2017, the company aims for a 30% dividend payout ratio and will also conduct treasury share purchases flexibly.」
Under 3D-Ⅲ, the company shifted from the 30% shareholder return ratio under 3D-Ⅱ, based on combined dividends and treasury share purchases, to a 30% dividend payout ratio target, with treasury share purchases conducted separately and flexibly. - FY2016First statedAnnual report
「Under the three-year medium-term plan "3D-Ⅱ" beginning in fiscal 2014, the company aims for a 30% shareholder return ratio, defined as the ratio of the combined amount of dividends and treasury share purchases to net income attributable to owners of the parent.」
The company has set a numerical target of a 30% shareholder return ratio during the 3D-Ⅱ period.