Total Shareholder Returns Through Dividends, Share Repurchases and Shareholder Benefits
First written in FY2016. 5 of 15 entries say "Achieved", first in 2026-05-14. Latest entry: FY2026.
Pia moved to the "Worse" side of this theme in 2020, 2 years before the typical company in this theme (2022).
7 other companies' latest entry also says "Achieved".
- FY2026AchievedAnnual report
「In fiscal 2025, having finally fully emerged from the impact of COVID-19 and eliminated its substantial accumulated losses by achieving results far above the initial assumptions in the medium-term plan, the Company will pay a year-end dividend of ¥35 per share, reflecting the achievement of resuming dividend payments for the first time in 6 fiscal years. The dividend forecast for the next fiscal year, the first year of the new medium-term management plan, is currently set at ¥30 per share.」
After a prolonged period of no dividends, the Company eliminated its accumulated losses and resumed dividend payments for the first time in 6 fiscal years, paying ¥35 per share. The dividend forecast for the next fiscal year is ¥30 per share. - FY2025AdvancedAnnual report
「Although the Company achieved results above its initial assumptions in fiscal 2024, it did not eliminate the substantial accumulated losses resulting from the impact of COVID-19. Accordingly, it regrets that it will pay no dividend for the current fiscal year. However, the Company aims to strengthen its earnings base through its core and new businesses, eliminate its accumulated losses and resume dividend payments during the period of the current medium-term management plan (during fiscal 2025). The dividend forecast for the next fiscal year is currently set at ¥10 per share.」
The Company paid no dividend in fiscal 2024, but maintained its target of resuming dividend payments during fiscal 2025 and, for the first time, specified a dividend forecast of ¥10 per share for the next fiscal year. - FY2024RaisedAnnual report
「The Company aims to strengthen its earnings base through its core and new businesses, eliminate its accumulated losses and resume dividend payments during the period of the current medium-term management plan (during fiscal 2025).」
While continuing to pay no dividend, the Company has made its previous policy of resuming dividends as soon as possible more specific by setting a target of resuming dividends during fiscal 2025. - FY2022RestatedAnnual report
「The Company will pay no dividend for the current fiscal year. It will announce its dividend forecast for the next fiscal year once conditions for paying a dividend are in place, after accelerating the recent recovery trend in performance described above and steadily building retained earnings.」
While maintaining targets of a total payout ratio of 40% and a dividend payout ratio of approximately 30%, the Company will pay no dividend for the current fiscal year following 2 consecutive periods of losses and will announce its dividend forecast for the next fiscal year once conditions are in place. - FY2021SoftenedAnnual report
「In light of full-year results, the Company regrets that it will pay no dividend for the current fiscal year. The dividend forecast for the next fiscal year will be announced promptly together with the full-year consolidated earnings forecast once an earnings forecast can be disclosed. The Company intends to continue management efforts to resume dividend payments as soon as possible.」
Although targets of a total payout ratio of 40% and a dividend payout ratio of approximately 30% were stated, the Company will pay no dividend for the current fiscal year, down from ¥5 per share in the previous fiscal year, due to deteriorating results, and has left the dividend forecast for the next fiscal year undecided. At the same time, it has indicated its intention to resume dividend payments as soon as possible. - FY2020SoftenedAnnual report
「As full-year results fell below the initial forecast, the Company decided to pay an ordinary dividend of ¥5 per share for the current fiscal year, compared with ¥20 per share in the previous fiscal year.」
Although the policy of targeting a total payout ratio of 40% and a consolidated dividend payout ratio of approximately 30% was maintained, the dividend per share was reduced from ¥20 in the previous fiscal year to ¥5 in response to deteriorating results. - FY2020-Q1AdvancedAnnual report
「9 May 2019 Regular meeting of the Board of Directors Common shares 275 20 31 March 2019 18 June 2019 Retained earnings」
Under a policy targeting a total payout ratio of 40% and a consolidated dividend payout ratio of approximately 30%, the Company paid a total of ¥275 million for the ¥20-per-share dividend. - FY2019AdvancedAnnual report
「Based on the policy described above and the fact that full-year results exceeded the initial forecast, the Company decided to pay an ordinary dividend of ¥20 per share for the current fiscal year, compared with ¥16 per share in the previous fiscal year.」
Under a policy targeting a total payout ratio of 40% and a consolidated dividend payout ratio of approximately 30%, the dividend per share was increased from ¥16 to ¥20. As a shareholder benefit, long-term holders will additionally receive ¥6,000 worth of annual paid content on Pia (the app). - FY2018RaisedAnnual report
「Taking into account the performance trend during this period and management conditions, including the medium- to long-term business and investment environment, the Company has pursued a policy centred on three measures: dividends, share repurchases and shareholder benefits. The target for the total payout ratio for these three measures, defined as a percentage of net income for the period before shareholder returns, will be raised by 10 percentage points from the current fiscal year to 40%. At the same time, the consolidated dividend payout ratio, defined as a percentage of net income for the period, will likewise be raised to a target of approximately 30%.」
The target total payout ratio was raised from 30% to 40%, and the target consolidated dividend payout ratio from approximately 20% to approximately 30%. - FY2016First statedAnnual report
「Taking into account management conditions, including the medium- to long-term business and investment environment, the Company will pursue a policy centred on three measures: dividends, share repurchases and shareholder benefits. The target for the total payout ratio for these three measures, defined as a percentage of net income for the period before shareholder returns, is 30%.」
The Company’s policy is to combine dividends, share repurchases and shareholder benefits, targeting a total payout ratio of 30% and a consolidated dividend payout ratio of approximately 20%.