Balancing Stable Dividends with Retained Earnings and R&D Investment
First written in FY2016. 26 of 35 entries say "Restated". Latest entry: 2026-08-10.
81 other companies' latest entry also says "Restated".
- FY2026-H1RaisedAnnual report
「Board of Directors meeting held on 10 November 2025 Common shares 384 45.00 30 September 2025 2 December 2025 Retained earnings」
The company resolved to pay an interim dividend of ¥384 million in total, or ¥45 per share. This is an increase of ¥5 from the previous fiscal year's interim dividend of ¥40 per share. - FY2025RaisedAnnual report
「For the fiscal year ending March 2026, the company plans to pay an annual dividend of ¥90 (¥45/¥45), taking into account the balance between investment to further strengthen growth areas and the stable supply system and returns to shareholders. In light of the expected stability of its earnings base, the company aims to adopt progressive dividends ahead of its 90th anniversary in March 2027. While maintaining its basic policy of stable dividends, it will consider a new shareholder return policy to enhance both investment for growth and returns to shareholders.」
The dividend for the current fiscal year will total ¥82, comprising an interim dividend of ¥40 and a year-end dividend of ¥42, while an annual dividend of ¥90 (¥45/¥45) is planned for the following fiscal year. The company has also set a target of progressive dividends ahead of its 90th anniversary in March 2027 and is considering enhancing its shareholder return policy. - FY2025-H1RaisedAnnual report
「Board of Directors meeting held on 11 November 2024 Common shares 341 40.00 30 September 2024 3 December 2024 Retained earnings」
The company resolved to pay an interim dividend of ¥341 million in total, or ¥40 per share. This is an increase of ¥5 from the previous fiscal year's interim dividend of ¥35 per share. - FY2024RestatedAnnual report
「For the distribution of surplus for the current fiscal year, having comprehensively considered recent business trends and other factors, the dividend is ¥70 per share, including an interim dividend of ¥35, in order to provide an appropriate return of profits.」
The company has continued its policy of balancing stable dividends with the strengthening of retained earnings, and paid a full-year dividend of ¥70, including an interim dividend of ¥35. - FY2024-Q3RestatedAnnual report
「Board of Directors meeting held on 10 November 2023 Common shares 296 35.00 30 September 2023 4 December 2023 Retained earnings」
The interim dividend was ¥296 million in total, or ¥35 per share, reconfirming the same dividend track record as disclosed in the previous quarter. - FY2024-Q2RaisedAnnual report
「Regarding the interim dividend for the 101st fiscal year (1 April 2023 to 31 March 2024), the Board of Directors meeting held on 10 November 2023 resolved to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2023.」
The company resolved to pay an interim dividend of ¥35 per share, totalling ¥296 million. This is an increase of ¥5 from the previous fiscal year's interim dividend of ¥30 per share. - FY2023RaisedAnnual report
「For the distribution of surplus for the current fiscal year, having comprehensively considered recent business trends and other factors, the dividend is ¥70 per share, including an interim dividend of ¥30, in order to provide an appropriate return of profits.」
While maintaining its policy of continuous, stable dividends and strengthening retained earnings, the company increased the full-year dividend from ¥60 per share in the previous fiscal year to ¥70. - FY2023-Q3RestatedAnnual report
「Board of Directors meeting held on 9 November 2022 Common shares 263 30.00 30 September 2022 2 December 2022 Retained earnings」
This reconfirms the resolution and payment of an interim dividend based on the number of shares outstanding at the end of September 2022, totalling ¥263 million, or ¥30 per share. - FY2023-Q2RestatedAnnual report
「Board of Directors meeting held on 9 November 2022 Common shares 263 30.00 30 September 2022 2 December 2022 Retained earnings」
The company resolved to pay an interim dividend based on the number of shares outstanding at the end of September 2022, totalling ¥263 million, or ¥30 per share, continuing its track record of stable dividends. - FY2023-Q1RestatedAnnual report
「29 June 2022 Annual General Meeting of Shareholders Common shares 263 30.00 31 March 2022 30 June 2022 Retained earnings」
This records the payment of total dividends of ¥263 million, or ¥30 per share, as the year-end dividend for the fiscal year ended March 2022. - FY2022RestatedAnnual report
「Our basic policy on profit allocation is to pay continuous and stable dividends while ensuring sufficient retained earnings, viewing the return of profits to shareholders as one of management's key priorities. For the distribution of surplus for the current fiscal year, the dividend is ¥60 per share, including an interim dividend of ¥30, under our basic policy of continuous and stable dividends.」
The company has maintained its policy of balancing stable dividends with the strengthening of retained earnings, and reports a full-year dividend of ¥60 per share. - FY2022-Q2RestatedAnnual report
「Regarding the interim dividend for the 99th fiscal year (1 April 2021 to 31 March 2022), the Board of Directors meeting held on 11 November 2021 resolved to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2021. ① Total dividends: ¥263 million ② Dividend per share: ¥30.00」
The company resolved to pay an interim dividend based on the number of shares outstanding at the end of September 2021, totalling ¥263 million, or ¥30 per share, continuing its track record of stable dividends. - FY2021RestatedAnnual report
「Our basic policy on profit allocation is to pay continuous and stable dividends while ensuring sufficient retained earnings, viewing the return of profits to shareholders as one of management's key priorities. For the distribution of surplus for the current fiscal year, the dividend is ¥60 per share, including an interim dividend of ¥30, under our basic policy of continuous and stable dividends.」
The company has maintained its policy of balancing stable dividends with the strengthening of retained earnings, and reports a full-year dividend of ¥60 per share. - FY2021-Q3RestatedAnnual report
「Regarding the interim dividend for the 98th fiscal year (1 April 2020 to 31 March 2021), the Board of Directors meeting held on 10 November 2020 resolved to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2020. ① Total dividends: ¥263 million ② Dividend per share: ¥30.00」
This records the resolution and payment of an interim dividend based on the number of shares outstanding at the end of September 2020, totalling ¥263 million, or ¥30 per share. - FY2021-Q2RestatedAnnual report
「Board of Directors meeting held on 10 November 2020 Common shares 263 30.00 30 September 2020 7 December 2020 Retained earnings」
This records the resolution to pay an interim dividend based on the number of shares outstanding at the end of September 2020, totalling ¥263 million, or ¥30 per share, demonstrating a track record of stable dividends. - FY2021-Q1RestatedAnnual report
「26 June 2020 Annual General Meeting of Shareholders Common shares 263 30.00 31 March 2020 29 June 2020 Retained earnings」
This records the payment of total dividends of ¥263 million, or ¥30 per share, as the year-end dividend for the fiscal year ended March 2020. - FY2020SoftenedAnnual report
「For dividends of surplus for the fiscal year, we have set the dividend at ¥60 per share, including an interim dividend of ¥30, under our basic policy of continuous and stable dividends.」
Although the policy of continuous and stable dividends has been maintained, the full-year dividend decreased from ¥80 per share in the previous fiscal year to ¥60. - FY2020-Q3RestatedAnnual report
「Board of Directors meeting held on 8 November 2019; common shares; ¥263 million; ¥30.00 per share; 30 September 2019; 5 December 2019; retained earnings」
The payment record for the interim dividend based on the end-September 2019 record date, totaling ¥263 million, or ¥30 per share, has been reaffirmed. - FY2020-Q2Interim dividend updated to ¥30 per shareAnnual report
「Regarding the interim dividend for the 97th fiscal year (from 1 April 2019 to 31 March 2020), the Board of Directors resolved at its meeting held on 8 November 2019 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2019: ① total dividends: ¥263 million; ② dividend per share: ¥30.00.」
The interim dividend based on the end-September 2019 record date was approved at ¥263 million in total, or ¥30 per share. The dividend per share changed from ¥40 in the same period of the previous year. - FY2020-Q1RestatedAnnual report
「25 June 2019; Annual General Meeting; common shares; ¥351 million; ¥40.00 per share; 31 March 2019; 26 June 2019; retained earnings」
The Company reported a payment of total year-end dividends of ¥351 million, or ¥40 per share, for the fiscal year ended March 2019, reaffirming its stable dividend policy. - FY2019RestatedAnnual report
「Regarding profit allocation, we regard returning profits to shareholders as one of management’s important priorities and have adopted a basic policy of paying continuous and stable dividends while ensuring sufficient retained earnings. For dividends of surplus for the fiscal year, we have set the dividend at ¥80 per share, including an interim dividend of ¥40, under our basic policy of continuous and stable dividends.」
The policy of balancing stable dividends with sufficient retained earnings has been reiterated, with a full-year dividend of ¥80 per share stated. - FY2019-Q3RestatedAnnual report
「Board of Directors meeting held on 7 November 2018; common shares; ¥351 million; ¥40.00 per share; 30 September 2018; 5 December 2018; retained earnings」
An interim dividend of ¥351 million in total, or ¥40 per share, was approved, reflecting the policy of continuous and stable dividends. - FY2019-Q2RestatedAnnual report
「Regarding the interim dividend for the 96th fiscal year (from 1 April 2018 to 31 March 2019), the Board of Directors resolved at its meeting held on 7 November 2018 to pay an interim dividend of ¥351 million in total, or ¥40.00 per share, to shareholders recorded in the shareholder register as of 30 September 2018.」
An interim dividend of ¥351 million in total, or ¥40 per share, was approved, reflecting the policy of continuous and stable dividends. - FY2019-Q1RestatedAnnual report
「26 June 2018; Annual General Meeting; common shares; ¥351 million; ¥40.00 per share; 31 March 2018; 27 June 2018; retained earnings」
The Company reported a payment of total year-end dividends of ¥351 million, or ¥40 per share, for the fiscal year ended March 2018, reaffirming its stable dividend policy. - FY2018RestatedAnnual report
「Regarding profit allocation, we regard returning profits to shareholders as one of management’s important priorities and have adopted a basic policy of paying continuous and stable dividends while ensuring sufficient retained earnings. For dividends of surplus for the fiscal year, we have set the dividend at ¥80 per share, including an interim dividend of ¥40, under our basic policy of continuous and stable dividends.」
The basic policy of balancing stable dividends with sufficient retained earnings has been reiterated, with a full-year dividend of ¥80 per share stated, comprising an interim dividend of ¥40 and a year-end dividend of ¥40. - FY2018-Q3RestatedAnnual report
「Regarding the interim dividend for the 95th fiscal year (from 1 April 2017 to 31 March 2018), the Board of Directors resolved at its meeting held on 8 November 2017 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2017: ① total dividends: ¥351 million; ② dividend per share: ¥40.00.」
An interim dividend of ¥351 million in total, or ¥40 per share, was approved, reflecting the policy of continuous and stable dividends. - FY2018-Q2RestatedAnnual report
「Regarding the interim dividend for the 95th fiscal year (from 1 April 2017 to 31 March 2018), the Board of Directors resolved at its meeting held on 8 November 2017 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2017: ① total dividends: ¥351 million; ② dividend per share: ¥40.00.」
An interim dividend of ¥351 million in total, or ¥40 per share, was approved, reflecting the policy of continuous and stable dividends. - FY2018-Q1RestatedAnnual report
「Annual General Meeting held on 29 June 2017; common shares; total dividends: ¥357 million; dividend per share: ¥40.00.」
The Company reported a payment of total year-end dividends of ¥357 million, or ¥40 per share, for the previous fiscal year. - FY2017RestatedAnnual report
「Regarding profit allocation, we regard returning profits to shareholders as one of management’s important priorities and have adopted a basic policy of paying continuous and stable dividends while ensuring sufficient retained earnings. For dividends of surplus for the fiscal year, we have set the dividend at ¥44 per share, including an interim dividend of ¥4, under our basic policy of continuous and stable dividends.」
The policy of balancing stable dividends with retained earnings and research and development investment has been reiterated, with a full-year dividend of ¥44 per share stated, comprising an interim dividend of ¥4 and a year-end dividend of ¥40. - FY2017-Q3RestatedAnnual report
「Regarding the interim dividend for the 94th fiscal year (from 1 April 2016 to 31 March 2017), the Board of Directors resolved at its meeting held on 9 November 2016 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2016: ① total dividends: ¥357 million; ② dividend per share: ¥4.00.」
An interim dividend of ¥357 million in total, or ¥4 per share, was paid, reaffirming the record of continuous and stable dividends. - FY2017-Q2RestatedAnnual report
「Regarding the interim dividend for the 94th fiscal year (from 1 April 2016 to 31 March 2017), the Board of Directors resolved at its meeting held on 9 November 2016 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2016: ① total dividends: ¥357 million; ② dividend per share: ¥4.00.」
An interim dividend of ¥357 million in total, or ¥4 per share, was approved, demonstrating a record of continuous and stable dividends. - FY2016First statedAnnual report
「Regarding profit allocation, we regard returning profits to shareholders as one of management’s important priorities and have adopted a basic policy of paying continuous and stable dividends while ensuring sufficient retained earnings.」
For shareholder returns, the Company has stated a policy of paying continuous and stable dividends while allocating retained earnings to strengthening its financial position, managing funds and investing in research and development in new fields.