Balancing Stable Dividends with Business Investment
First written in FY2016. 22 of 36 entries say "Restated". Latest entry: 2026-08-07.
46 other companies' latest entry also says "Raised".
- 2026-08-07RaisedRevision of earnings forecasts
「Under the 12th Medium-Term Management Plan, our basic shareholder return policy is to maintain annual dividends of at least ¥20 per share from the perspective of stable dividends, while considering further enhancement of shareholder returns in light of business performance.」
Compared with the policy under the previous 11th Medium-Term Management Plan of maintaining annual dividends of at least ¥16, the 12th plan raised the minimum level to ¥20 per year. - FY2026RaisedAnnual report
「For the current fiscal year, ending March 2026, we plan to pay an annual dividend of ¥20 per share, comprising an interim dividend of ¥9 per share and a final dividend of ¥11 per share, based on the above policy.」
The planned dividend for the current fiscal year was increased from ¥18 per share in the previous fiscal year to ¥20 per share. This exceeds the medium-term management plan policy of maintaining an annual dividend of at least ¥16 per share. - FY2025AdvancedAnnual report
「For the current fiscal year, ending March 2025, the annual dividend is ¥18 per share, comprising an interim dividend of ¥9 per share and a final dividend of ¥9 per share. For the next fiscal year, ending March 2026, we plan to pay an annual dividend of ¥18 per share, comprising an interim dividend of ¥9 per share and a final dividend of ¥9 per share.」
The planned annual dividend of ¥18 per share announced for the next fiscal year was paid in the current fiscal year, and an annual dividend of ¥18 per share is also planned for the next fiscal year. The dividend remains above the policy of maintaining at least ¥16 per share during the medium-term management plan period. - FY2025-H1AdvancedAnnual report
「14 November 2024 Board of Directors Common shares 269,091 9 30 September 2024 2 December 2024 Retained earnings」
The interim dividend was set at ¥9 per share, up from ¥8 in the same period of the previous year. This payment was in line with the policy of maintaining an annual dividend of at least ¥16 per share during the 11th Medium-Term Management Plan period. - FY2024RaisedAnnual report
「During the period of the current medium-term management plan, we will maintain an annual dividend of at least ¥16 per share. For the next fiscal year, ending March 2025, we plan to pay an annual dividend of ¥18 per share, comprising an interim dividend of ¥9 per share and a final dividend of ¥9 per share.」
The policy of maintaining an annual dividend of at least ¥16 per share was continued, while the planned dividend for the next fiscal year was increased to ¥18 per share. - FY2024-Q3RestatedAnnual report
「Common shares 246,633 8 30 September 2023 4 December 2023 Retained earnings」
The interim dividend was set and paid at ¥8 per share, and no change to the stable dividend policy was disclosed. - FY2024-Q2RestatedAnnual report
「At the Board of Directors meeting held on 10 November 2023, the Company resolved as follows regarding the interim dividend for the current fiscal year.」
The interim dividend was set at ¥8 per share, and no change to the stable dividend policy was disclosed. - FY2024-Q1RestatedAnnual report
「27 June 2023 Annual General Meeting of Shareholders Common shares 246,633 8 31 March 2023 28 June 2023 Retained earnings」
The final dividend for the fiscal year ended March 2023 was ¥8 per share, unchanged from the same period of the previous year. No change to the stable dividend policy was disclosed. - FY2023RaisedAnnual report
「During the period of the 11th Medium-Term Management Plan, the Company aims for a total payout ratio of at least 70% and will maintain a dividend of at least ¥16 per share. Flexible share repurchases In the 11th Medium-Term Management Plan disclosed in February 2023, covering the fiscal years ending March 2024 through March 2026, the Company established the following as its basic shareholder return policy.」
In addition to its policy of maintaining stable dividends, the Company explicitly set a total payout ratio of at least 70% during the 11th Medium-Term Management Plan period, maintaining dividends of at least ¥16 per share and conducting flexible share repurchases. - FY2023-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 11 November 2022, the following interim dividend was approved.」
The interim dividend was set at ¥8 per share, and no change to the stable dividend policy was disclosed. - FY2023-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 11 November 2022, the following interim dividend was approved.」
The interim dividend was set at ¥8 per share, and no change to the stable dividend policy was disclosed. - FY2023-Q1RestatedAnnual report
「29 June 2022 Annual General Meeting of Shareholders Common shares 254,633 8 31 March 2022 30 June 2022 Retained earnings」
The final dividend for the fiscal year ended March 2022 was ¥8 per share, unchanged from the same period of the previous year. No change to the stable dividend policy was disclosed. - FY2022-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 12 November 2021, the company resolved the following with respect to the interim dividend for the fiscal year.」
The interim dividend was ¥8 per share, unchanged from the same period of the previous year. No change to the stable dividend policy was disclosed. - FY2022-Q1RestatedAnnual report
「29 June 2021 Annual General Meeting of Shareholders Common shares 254,633 8 31 March 2021 30 June 2021 Retained earnings」
The final dividend for the fiscal year ended March 2021 was ¥8 per share, unchanged from the same period of the previous year. No change to the stable dividend policy was disclosed. - FY2021RestatedAnnual report
「The Group’s basic policy is to maintain stable dividends. Taking full account of its earnings outlook, it will pay dividends commensurate with future business development, including capital investment in factories, research and development investment, and the enhancement of overseas bases. Based on the above policy, we decided to pay a dividend of ¥16 per share for the current fiscal year, including an interim dividend of ¥8 per share.」
The policy of balancing stable dividends with capital investment, research and development investment, and the development of overseas bases was maintained, and the annual dividend was ¥16 per share, unchanged from the previous fiscal year. - FY2021-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 13 November 2020, the company approved the following interim dividend for the current fiscal year.」
The interim dividend was ¥8 per share, unchanged from the same period of the previous year. No change to the stable dividend policy was disclosed. - FY2021-Q2RestatedAnnual report
「Board of Directors meeting held on 13 November 2020 Common shares 254,633 8 30 September 2020 7 December 2020 Retained earnings」
The interim dividend was set at ¥8 per share, unchanged from the same period of the previous year. No change to the stable dividend policy was disclosed. - FY2021-Q1RestatedAnnual report
「26 June 2020 Annual General Meeting of Shareholders Common shares 254,633 8 31 March 2020 29 June 2020 Retained earnings」
The final dividend for the fiscal year ended March 2020 was ¥8 per share, unchanged from the same period of the previous year. No change to the stable dividend policy itself was disclosed. - FY2020RestatedAnnual report
「The Group’s basic policy is to maintain stable dividends. Taking full account of its earnings outlook, it will pay dividends commensurate with future business development, including capital investment in factories, research and development investment, and the enhancement of overseas bases. Based on the above policy, we decided to pay a dividend of ¥16 per share for the current fiscal year, including an interim dividend of ¥8 per share.」
The policy of balancing stable dividends with capital investment, research and development investment, and the development of overseas bases was maintained, and the annual dividend was ¥16 per share, unchanged from the previous fiscal year. - FY2020-Q3RestatedAnnual report
「8 November 2019 Board of Directors Common shares 254,633 8 30 September 2019 3 December 2019 Retained earnings」
The interim dividend was set at ¥8 per share, unchanged from the same period of the previous year. No change to the stable dividend policy itself was disclosed. - FY2020-Q2RestatedAnnual report
「8 November 2019 Board of Directors Common shares 254,633 8 30 September 2019 3 December 2019 Retained earnings」
The interim dividend was set at ¥8 per share, unchanged from the same period of the previous year. No change to the stable dividend policy itself was disclosed. - FY2020-Q1RestatedAnnual report
「27 June 2019 Annual General Meeting of Shareholders Common shares 254,633 8 31 March 2019 28 June 2019 Retained earnings」
The final dividend for the fiscal year ended March 2019 was ¥8 per share, unchanged from the same period of the previous year. No change to the stable dividend policy itself was disclosed. - FY2019RestatedAnnual report
「The Group’s basic policy is to maintain stable dividends. Taking full account of its earnings outlook, it will pay dividends commensurate with future business development, including capital investment in factories, research and development investment, and the enhancement of overseas bases. Based on the above policy, we decided to pay a dividend of ¥16 per share for the current fiscal year, including an interim dividend of ¥8 per share.」
The policy of balancing stable dividends with business investment was maintained, and the annual dividend was ¥16 per share, unchanged from the previous fiscal year. - FY2019-Q3RestatedAnnual report
「9 November 2018 Board of Directors Common shares 254,633 8 30 September 2018 4 December 2018 Retained earnings」
The interim dividend was set at ¥8 per share, unchanged from the same period of the previous year. No change to the stable dividend policy itself was disclosed. - FY2019-Q2RestatedAnnual report
「9 November 2018 Board of Directors Common shares 254,633 8 30 September 2018 4 December 2018 Retained earnings」
The interim dividend was set at ¥8 per share, unchanged from the same period of the previous year. No change to the stable dividend policy itself was disclosed. - FY2019-Q1Final dividend decreased year on yearAnnual report
「28 June 2018 Annual General Meeting of Shareholders Common shares 254,633 8 31 March 2018 29 June 2018 Retained earnings」
The final dividend for the fiscal year ended March 2018 was ¥8 per share, down ¥1 from ¥9 per share in the same period of the previous year. No change to the stable dividend policy itself was disclosed. - FY2018-Q2AdvancedAnnual report
「10 November 2017 Board of Directors Common shares 254,633 8 30 September 2017 5 December 2017 Retained earnings」
The interim dividend was set at ¥8 per share, up from ¥7 in the same period of the previous year. An increase in the dividend level under the stable dividend policy was confirmed. - FY2018-Q1AdvancedAnnual report
「29 June 2017 Annual General Meeting of Shareholders Common shares 286,463 9 31 March 2017 30 June 2017 Retained earnings」
The final dividend for the fiscal year ended March 2017 was ¥9 per share, up from ¥7 in the same period of the previous year. - FY2017AdvancedAnnual report
「Based on the above policy, we decided to pay a dividend of ¥16 per share for the current fiscal year, including an interim dividend of ¥7 per share.」
The policy of stable dividends was maintained, while the dividend per share increased from ¥14 in the previous fiscal year to ¥16. - FY2017-Q3RestatedAnnual report
「At the Board of Directors meeting held on 11 November 2016, the company resolved as follows regarding the interim dividend for the fiscal year under review.」
The resolution and payment of an interim dividend of ¥7 per share were recorded, confirming the continuation of stable dividends. - FY2017-Q2RestatedAnnual report
「At the Board of Directors meeting held on 11 November 2016, the company resolved as follows regarding the interim dividend for the fiscal year under review.」
The interim dividend was set at ¥7 per share, demonstrating the continuation of stable dividends. - FY2017-Q1RestatedAnnual report
「29 June 2016 Annual General Meeting of Shareholders Common shares 228,751 7 31 March 2016 30 June 2016 Retained earnings」
A dividend of ¥7 per share was paid on common shares, confirming the continuation of stable dividends. - FY2016First statedAnnual report
「The Group’s basic policy is to maintain stable dividends. Taking full account of its earnings outlook, it will pay dividends commensurate with future business development, including capital investment in factories, research and development investment, and the enhancement of overseas bases.」
The Company stated that it would maintain stable dividends while also considering investment in facilities, research and development, and overseas bases. The dividend for the fiscal year was ¥14 per share.