Implementation of a 100% Total Shareholder Return Ratio
First written in FY2019. 4 of 8 entries say "Softened", first in FY2022. Latest entry: FY2027-H1.
Riso Kyoiku Group moved to the "Worse" side of this theme in 2022, 2 years after the typical company in this theme (2020).
7 other companies' latest entry also says "Softened".
- FY2027-H1SoftenedAnnual report
「At a meeting of the Board of Directors held on 13 October 2026, the Company resolved not to pay a year-end dividend with 28 February 2027 (year-end) as the record date, conditional on the successful completion of the tender offer for the Company's shares by Hulic Co.,Ltd.」
The filing states that, in contrast to the previous policy of targeting a payout ratio of at least 50%, the Company resolved not to pay a dividend for the next fiscal year-end conditional on the successful completion of the tender offer. - FY2023SoftenedAnnual report
「The Company adopted a basic policy of considering and implementing a payout ratio of at least 50% as a guideline, effective from the year-end dividend for the fiscal year ending February 2024. The dividend for the next fiscal year, ending February 2024, is ¥10.00 per share.」
The policy changed from a 100% shareholder return ratio or dividends based on performance to strengthening retained earnings and targeting a payout ratio of at least 50%. The planned dividend for the next fiscal year was also reduced to ¥10 per share. - FY2022SoftenedAnnual report
「The Group regards returning profits to shareholders as one of its important management priorities. Its basic policy is to pay dividends in line with performance while maintaining a stable level of cash on hand.」
The previous specific wording of a 100% shareholder return ratio was removed, and the policy changed to paying dividends in line with performance while maintaining a stable level of cash on hand. - FY2020RestatedAnnual report
「The Company regards returning profits to shareholders as an important management priority and has implemented a 100% shareholder return ratio.」
The Company continued to state that a 100% shareholder return ratio is an important management priority. - FY2019First statedAnnual report
「The Company regards returning profits to shareholders as an important management priority and has implemented a 100% shareholder return ratio.」
The Company first stated a 100% shareholder return ratio as a standalone target and an important management priority.