Shareholder Returns Through Higher and Sustained Dividends and Flexible Share Buybacks and Cancellations
First written in FY2016. 27 of 37 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-09-11.
9 other companies' latest entry also says "Achieved".
- FY2026RaisedAnnual report
「The basic policy for profit allocation sets a dividend payout ratio target of approximately 40% and a total payout ratio target of at least 70% under the 2028 medium-term management plan. Based on maintaining stable returns of profits over the medium to long term, the company aims to provide progressive dividends over the medium to long term and will implement treasury share repurchases and cancellations as necessary to improve capital efficiency.」
Under the 2028 medium-term management plan, the target levels have been raised from the previous total payout ratio target of approximately 50% to a dividend payout ratio of approximately 40% and a total payout ratio of at least 70%. The company also explicitly stated its intention to provide progressive dividends over the medium to long term. - FY2026-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 6 November 2025, the following resolution was passed regarding the interim dividend for the fiscal year: (a) total dividend: ¥5,978 million (b) dividend per share: ¥26.00」
The interim dividend increased to ¥26 per share from ¥21 in the same period of the previous year. The policy of targeting a total payout ratio of approximately 50% for fiscal 2025 also remains in place. - FY2025AdvancedAnnual report
「Regarding dividend policy, the company takes a comprehensive view of business performance, financial condition, and the need to build retained earnings required for future business development, with maintaining stable dividends as its basic policy. The company also positions treasury share repurchases and cancellations as a form of shareholder return, has set a target total payout ratio of approximately 50% for fiscal 2025, the final year of the current medium-term management plan, and will implement treasury share repurchases and cancellations as necessary while maintaining stable returns of profits.」
The policy of targeting a total payout ratio of approximately 50% for fiscal 2025 remains in place. For the fiscal year, the company plans an interim dividend of ¥21, a year-end dividend of ¥24, and an annual dividend of ¥45 per share. These dividend amounts are stated on a post-share-split basis. - FY2025-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 7 November 2024, the following resolution was passed regarding the interim dividend for the fiscal year: (a) total dividend: ¥5,000 million (b) dividend per share: ¥21.00 (c) effective date of the right to claim payment and payment commencement date: 2 December 2024」
An interim dividend of ¥21 per share, totaling ¥5 billion, was approved after the share split. - FY2024AdvancedAnnual report
「The year-end dividend for the fiscal year is ¥58 per share. Accordingly, including the interim dividend, the annual dividend for the fiscal year is ¥114 per share.」
The annual dividend increased to ¥114 per share from ¥108 in the previous fiscal year. The policy of targeting a total payout ratio of approximately 50% for fiscal 2025 also remains in place. - FY2024-Q3RaisedAnnual report
「Under the dividend policy in the NOF VISION 2030 Stage II medium-term management plan (fiscal 2023–2025), announced in May 2023, the basic policy is to maintain stable returns of profits. The company has set a target total payout ratio of approximately 50% for fiscal 2025, the final year of the current medium-term management plan.」
The target level for shareholder returns has been raised from the previous dividend payout ratio target of approximately 30% to a total payout ratio of approximately 50% for fiscal 2025. - FY2024-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 1 November 2023, the following resolution was passed regarding the interim dividend for the fiscal year: (a) total dividend: ¥4,503 million; (b) dividend per share: ¥56.00; (c) effective date of the right to claim payment and payment commencement date: 1 December 2023.」
An interim dividend of ¥56 per share was approved, an increase from the previous fiscal year's interim dividend of ¥50. - FY2024-Q1AdvancedAnnual report
「27 June 2023 Ordinary general meeting of shareholders Common shares 4,688 58 31 March 2023 28 June 2023 Retained earnings」
Based on the resolution passed at the ordinary general meeting of shareholders held on 27 June 2023, the company paid a year-end dividend of ¥58 per share, totaling ¥4,688 million. This was an increase from the previous fiscal year's year-end dividend of ¥47. - FY2023-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 2 November 2022, the following resolution was passed regarding the interim dividend for the fiscal year: (a) total interim dividend: ¥4,081 million; (b) dividend per share: ¥50.00; (c) effective date of the right to claim payment and payment commencement date: 1 December 2022.」
The previously disclosed approval and payment of an interim dividend of ¥50 per share is being restated. There was no change from the previous quarter. - FY2023-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 2 November 2022, the following resolution was passed regarding the interim dividend for the fiscal year: (a) total dividend: ¥4,081 million; (b) dividend per share: ¥50.00.」
An interim dividend of ¥50 per share was approved, an increase from the previous fiscal year's interim dividend of ¥43. - FY2023-Q1AdvancedAnnual report
「Common shares 3,861 47 31 March 2021 29 June 2022 Retained earnings」
Based on the resolution passed at the ordinary general meeting of shareholders held on 28 June 2022, the company paid a year-end dividend of ¥47 per share, totaling ¥3,861 million. - FY2022AdvancedAnnual report
「Under this policy, the year-end dividend for the fiscal year is ¥47 per share. Accordingly, including the interim dividend, the annual dividend for the fiscal year is ¥90 per share.」
The annual dividend increased to ¥90 per share from ¥80 in the previous fiscal year. The target dividend payout ratio of approximately 30% and the policy of flexible treasury share repurchases and cancellations remain in place. - FY2022-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 4 November 2021, the following resolution was passed regarding the interim dividend for the fiscal year.」
An interim dividend of ¥43 per share was approved and paid. There was no change from the previous quarter's disclosure. - FY2022-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 4 November 2021, the following resolution was passed regarding the interim dividend for the fiscal year: (a) total dividend: ¥3,545 million; (b) dividend per share: ¥43.00; (c) effective date of the right to claim payment and payment commencement date: 1 December 2021.」
An interim dividend of ¥43 per share was approved. The annual dividend, including the year-end dividend of ¥41, is expected to be ¥84 per share, an increase from ¥80 in the previous fiscal year. - FY2021AdvancedAnnual report
「Under this policy, the year-end dividend for the fiscal year is ¥41 per share. Accordingly, including the interim dividend, the annual dividend for the fiscal year is ¥80 per share.」
The annual dividend increased to ¥80 per share from ¥78 in the previous fiscal year. The target dividend payout ratio of approximately 30% and the policy of flexible treasury share repurchases and cancellations remain in place. - FY2021-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 5 November 2020, the following resolution was passed regarding the interim dividend for the fiscal year: (a) total dividend: ¥3,243 million; (b) dividend per share: ¥39.00; (c) effective date of the right to claim payment and payment commencement date: 1 December 2020.」
An interim dividend of ¥39 per share, totaling ¥3,243 million, was approved for the fiscal year. - FY2021-Q1AdvancedAnnual report
「Ordinary general meeting of shareholders held on 26 June 2020 Common shares 3,243 39 31 March 2020 29 June 2020 Retained earnings」
Based on the resolution passed at the ordinary general meeting of shareholders held on 26 June 2020, the company paid a year-end dividend of ¥39 per share, totaling ¥3,243 million. Together with the interim dividend of ¥39, the annual dividend was ¥78 per share. - FY2020-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 7 November 2019, the following resolution was passed regarding the interim dividend for the fiscal year: (a) total interim dividend: ¥3,282 million; (b) dividend per share: ¥39.00; (c) effective date of the right to claim payment and payment commencement date: 2 December 2019.」
An interim dividend of ¥39 per share, totaling ¥3,282 million, was approved and paid. There was no change from the previous quarter's disclosure. - FY2020-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 7 November 2019, the following resolution was passed regarding the interim dividend for the fiscal year: (a) total dividend: ¥3,282 million; (b) dividend per share: ¥39.00; (c) effective date of the right to claim payment and payment commencement date: 2 December 2019.」
An interim dividend of ¥39 per share, totaling ¥3,282 million, was approved for the fiscal year. - FY2020-Q1AdvancedAnnual report
「27 June 2019 Ordinary general meeting of shareholders Common shares 3,871 46 31 March 2019 28 June 2019 Retained earnings」
Based on the resolution passed at the ordinary general meeting of shareholders held on 27 June 2019, the company paid a year-end dividend of ¥46 per share, totaling ¥3,871 million. - FY2019AdvancedAnnual report
「The company recognizes stable returns of profits to shareholders as an important management priority. It targets a dividend payout ratio of approximately 30% and will respond flexibly regarding treasury share repurchases and cancellations.」
The company explicitly set a target dividend payout ratio of approximately 30%. The annual dividend for the fiscal year was ¥78 per share, comprising an interim dividend of ¥32 and a year-end dividend of ¥46. - FY2019-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 1 November 2018, the following resolution was passed regarding the interim dividend for the fiscal year: (a) total dividend: ¥2,727 million; (b) dividend per share: ¥32.00.」
An interim dividend of ¥32 per share, totaling ¥2,727 million, was approved. - FY2019-Q1AdvancedAnnual report
「Common shares Total dividends: ¥3,750 million Dividend per share: ¥44」
Based on the resolution passed at the ordinary general meeting of shareholders held on 28 June 2018, the company paid a year-end dividend of ¥44 per share, totaling ¥3,750 million. As the amount is presented after the share consolidation, it is not directly comparable with previous dividend amounts. - FY2018-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 1 November 2017, the following resolution was passed regarding the interim dividend for the fiscal year: (a) total dividend: ¥1,730 million; (b) dividend per share: ¥10.00; (c) effective date of the right to claim payment and payment commencement date: 1 December 2017.」
An interim dividend of ¥10 per share was approved. Although this is an increase from the previous interim dividend of ¥9, the amount is stated before the share consolidation. - FY2017AdvancedAnnual report
「Under this policy, the year-end dividend for the fiscal year is ¥15 per share, comprising an ordinary dividend of ¥13 and an ¥2 commemorative dividend for the company's 80th anniversary. Together with the interim dividend of ¥9 per share, the annual dividend is ¥24 per share.」
The annual dividend increased to ¥24 per share from the previously stated ¥18. Treasury share repurchases and cancellations are also continuing. - FY2017-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 2 November 2016, the following resolution was passed regarding the interim dividend for the fiscal year: (a) total interim dividend: ¥1,558 million; (b) dividend per share: ¥9.00; (c) effective date of the right to claim payment and payment commencement date: 1 December 2016.」
A dividend of ¥9 per share was approved as the interim dividend. - FY2016First statedAnnual report
「The company recognizes the return of profits to shareholders as an important management priority and will work to maintain and increase dividends and flexibly repurchase and cancel treasury shares. Retained earnings are allocated to capital expenditures, research and development investment, and strengthening the financial position to secure future shareholder returns. The company will continue to strengthen its earnings base and improve return on equity (ROE).」
The dividend for the fiscal year is ¥18 per share. The company has indicated a shareholder return policy combining dividends with treasury share repurchases and cancellations.