Shareholder Returns Targeting a Consolidated Payout Ratio of Around 35%
First written in FY2017. 4 of 7 entries say "Restated". Latest entry: 2026-05-21.
T.Hasegawa moved to the "Worse" side of this theme in 2026, the same year as the typical company in this theme.
11 other companies' latest entry also says "Reframed".
- 2026-05-21ReframedFinancial results presentation
「To provide stable dividends at a high level, we have revised our dividend policy. The standard will be a consolidated dividend on equity (DOE) of at least 3%, instead of the previous standard of approximately 40% for the consolidated payout ratio.」
Changed the shareholder return standard from a consolidated payout ratio of approximately 40% to a DOE of at least 3%. The new standard applies from the interim dividend for the fiscal year ending September 2026. - FY2024RaisedAnnual report
「The Company had previously targeted a consolidated payout ratio of approximately 35%, but after reviewing the policy, it has adopted a basic policy of paying dividends from surplus twice a year, as interim and year-end dividends, targeting a payout ratio of approximately 40%.」
The Company raised its target payout ratio from approximately 35% to approximately 40%. It continues to balance twice-yearly dividend payments with retained earnings. - FY2023RestatedAnnual report
「As a basic policy, while securing retained earnings necessary to further strengthen the Group's management foundation and support future business development, the Company pays dividends from surplus twice a year, as interim and year-end dividends, targeting a consolidated payout ratio of approximately 35% in order to return profits to shareholders in line with business performance.」
The Company continues its basic policy of targeting a payout ratio of approximately 35%, paying dividends twice a year and balancing this with retained earnings. - FY2022RestatedAnnual report
「As a basic policy, while securing retained earnings necessary to further strengthen the Group's management foundation and support future business development, the Company pays dividends from surplus twice a year, as interim and year-end dividends, targeting a consolidated payout ratio of approximately 35% in order to return profits to shareholders in line with business performance.」
The Company continues its basic policy of targeting a consolidated payout ratio of approximately 35%, paying dividends twice a year and balancing this with retained earnings. - FY2021RestatedAnnual report
「As a basic policy, while securing retained earnings necessary to further strengthen the Group's management foundation and support future business development, the Company pays dividends from surplus twice a year, as interim and year-end dividends, targeting a consolidated payout ratio of approximately 35% in order to return profits to shareholders in line with business performance.」
The Company continues its basic policy of targeting a consolidated payout ratio of approximately 35%, paying dividends twice a year and balancing this with retained earnings. The full-year actual payout ratio was 33.6%. - FY2018RestatedAnnual report
「As a basic policy, while securing retained earnings necessary to further strengthen the Group's management foundation and support future business development, the Company pays dividends from surplus twice a year, as interim and year-end dividends, targeting a consolidated payout ratio of approximately 35% in order to return profits to shareholders in line with business performance.」
The Company continues its basic policy of targeting a consolidated payout ratio of approximately 35%, paying dividends twice a year and balancing this with retained earnings. - FY2017First statedAnnual report
「As a basic policy, while securing retained earnings necessary to further strengthen the Group's management foundation and support future business development, the Company pays dividends from surplus twice a year, as interim and year-end dividends, targeting a consolidated payout ratio of approximately 35% in order to return profits to shareholders in line with business performance.」
The Company has established a basic policy of targeting a consolidated payout ratio of approximately 35% and paying dividends twice a year, while maintaining retained earnings.