Balancing Retained Earnings with Flexible Shareholder Returns
First written in FY2016. 22 of 36 entries say "Restated". Latest entry: 2026-10-27.
- FY2026RaisedAnnual report
「Under the basic policy described above, the Company revised the year-end dividend upward by ¥74 to ¥137 per share, resulting in an annual dividend of ¥200 when combined with the interim dividend of ¥63.」
While maintaining its policy of a 5% DOE floor and a certain level of returns, the Company increased the annual dividend from ¥126 in the previous fiscal year to ¥200, taking into account progress in the sale of cross-shareholdings. - FY2026-H1RestatedAnnual report
「At a meeting of the Board of Directors held on 24 October 2025, the Company resolved to pay the following dividend from retained earnings. (i) Total dividend: ¥364.454 million (ii) Dividend per share: ¥63」
Under its shareholder-return policy, including a 5% DOE floor, the interim dividend for the current period was set at ¥63 per share, the same level as the interim dividend in the previous fiscal year. - FY2025Increase in annual dividendsAnnual report
「Under the basic policy described above, the Company set the dividend for the fiscal year at ¥126 per share, comprising an interim dividend of ¥63 and a year-end dividend of ¥63.」
Maintaining its policy of a 5% DOE floor and a certain level of returns, the annual dividend increased from ¥101 in the previous fiscal year to ¥126. - FY2025-H1AdvancedAnnual report
「The introduction of a 5% floor for the dividend on equity (DOE), beginning with the year-end dividend for the fiscal year ended March 2024, increased dividend payments.」
Under the dividend policy introduced in the previous fiscal year with a 5% DOE floor, the Company paid a year-end dividend of ¥61 per share for the fiscal year ended March 2024 and resolved to pay an interim dividend of ¥63 per share for the current interim period, marking progress in its actual dividend payments. - FY2024RaisedAnnual report
「As a company listed on the Prime Market, the Company will actively pursue a certain level of shareholder returns that is not significantly affected by near-term earnings. In addition to the payout ratio, the Company will adopt a dividend policy with a 5% floor for DOE (dividend on equity). The dividend for the fiscal year was set at ¥101 per share, comprising an interim dividend of ¥40 and a year-end dividend of ¥61.」
In addition to its previous policy of returning profits in line with earnings, the Company explicitly stated a dividend policy with a 5% DOE floor and a certain level of returns not significantly affected by earnings. The annual dividend was ¥101 per share. - FY2024-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 24 October 2023, the following resolutions were passed regarding the interim dividend for the current period. (i) Total interim dividend: ¥230.264 million (ii) Dividend per share: ¥40」
The Company paid an interim dividend of ¥230.264 million, or ¥40 per share, for the current period and continues to demonstrate its track record of stable shareholder returns. - FY2024-Q2RestatedAnnual report
「24 October 2023 Board of Directors Common shares Retained earnings 230,264 40 30 September 2023 1 December 2023」
The Company resolved to pay an interim dividend of ¥230.264 million, or ¥40 per share, for the current period and continues its track record of stable shareholder returns. - FY2024-Q1RestatedAnnual report
「19 May 2023 Board of Directors Common shares Retained earnings 230,036 40 31 March 2023 2 June 2023」
The Company disclosed a track record of paying a year-end dividend of ¥230.036 million, or ¥40 per share, for the fiscal year ended March 2023. This is consistent with the previous fiscal year's policy and track record of an annual dividend of ¥80 following the end of the commemorative dividend. - FY2023Annual dividend of ¥80 following the end of the commemorative dividendAnnual report
「Under the basic policy described above, the Company set the dividend for the fiscal year at ¥80 per share, comprising an interim dividend of ¥40 and a year-end dividend of ¥40.」
While maintaining its policy of considering retained earnings and stable dividends, the annual dividend fell to ¥80 from ¥90 in the previous fiscal year, which included the ¥10 50th-anniversary commemorative dividend. - FY2023-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 25 October 2022, the following resolutions were passed regarding the interim dividend for the current period. (i) Total interim dividend: ¥234.835 million (ii) Dividend per share: ¥40」
Under its policy of considering retained earnings and shareholder returns, the Company resolved to pay an interim dividend of ¥234.835 million, or ¥40 per share, for the current period. - FY2023-Q1RestatedAnnual report
「18 May 2022 Board of Directors Common shares Retained earnings 292,719 50 31 March 2022 3 June 2022 (Note) Breakdown of dividend per share: ordinary dividend ¥40; commemorative dividend ¥10」
The Company disclosed a track record of paying a year-end dividend of ¥50 per share, including a ¥10 commemorative dividend, totaling ¥292.719 million, for the fiscal year ended March 2022. - FY2022Increase in dividend, including a 50th-anniversary commemorative dividendAnnual report
「Under the basic policy described above, the Company set the dividend for the fiscal year at ¥90 per share, comprising an interim dividend of ¥40 and a year-end dividend of ¥50 (ordinary dividend of ¥40 and commemorative dividend of ¥10).」
While maintaining its policy of balancing retained earnings with shareholder returns in line with earnings, the annual dividend was ¥90 per share, including the ¥10 50th-anniversary commemorative dividend. - FY2022-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 25 October 2021, the following resolutions were passed regarding the interim dividend for the current period. (i) Total interim dividend: ¥234.175 million (ii) Dividend per share: ¥40」
The Company resolved to pay an interim dividend of ¥234.175 million, or ¥40 per share, with 30 September 2021 as the record date, demonstrating its track record of shareholder returns. - FY2022-Q1RestatedAnnual report
「19 May 2021 Board of Directors Common shares Retained earnings 231,876 40 31 March 2021 4 June 2021」
For the fiscal year ended March 2021, the Company paid a total dividend of ¥231.876 million, or ¥40 per share, demonstrating its policy of balancing retained earnings with shareholder returns. - FY2021Explicit disclosure of sufficient retained earnings accumulationAnnual report
「We believe that sufficient retained earnings have been accumulated to strengthen the Company's management base.」
In addition to its previous policy of securing retained earnings, the Company states that it believes sufficient retained earnings have been accumulated to strengthen its management base. - FY2021-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 21 October 2020, the following resolutions were passed regarding the interim dividend for the current period. (i) Total interim dividend: ¥231.720 million (ii) Dividend per share: ¥40」
The Company paid an interim dividend of ¥231.720 million, or ¥40 per share, and continues to demonstrate the implementation of its policy of returning profits to shareholders in line with earnings. - FY2021-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 21 October 2020, the following resolutions were passed regarding the interim dividend for the current period. (i) Total interim dividend: ¥231.720 million (ii) Dividend per share: ¥40」
The Company resolved to pay an interim dividend of ¥231.720 million, or ¥40 per share, demonstrating the implementation of its policy of returning profits to shareholders in line with earnings. - FY2021-Q1RestatedAnnual report
「22 May 2020 Board of Directors Common shares Retained earnings 231,208 40 31 March 2020 5 June 2020」
For the fiscal year ended March 2020, the Company paid a total dividend of ¥231.208 million, or ¥40 per share, demonstrating its policy of balancing retained earnings with shareholder returns. - FY2020RestatedAnnual report
「With respect to the allocation of profits, the Company will make distributions to shareholders in line with earnings under its basic policy, taking into consideration retained earnings and other funds required for business performance, future business development and the strengthening of its management base.」
The Company continues its policy of considering both shareholder returns in line with earnings and retained earnings required for business development and the strengthening of its management base. - FY2020-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 23 October 2019, the following resolutions were passed regarding the interim dividend for the current period. (i) Total interim dividend: ¥231.009 million (ii) Dividend per share: ¥40」
The Company resolved to pay an interim dividend of ¥231.009 million, or ¥40 per share, demonstrating its policy of balancing retained earnings with flexible shareholder returns. - FY2020-Q1RestatedAnnual report
「21 June 2019 Annual General Meeting of Shareholders Common shares Retained earnings 230,862 40 31 March 2019 24 June 2019」
For the fiscal year ended March 2019, the Company paid a total dividend of ¥230.862 million, or ¥40 per share, demonstrating its policy of balancing retained earnings with shareholder returns. - FY2019-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 23 October 2018, the following resolutions were passed regarding the interim dividend for the current period. (i) Total interim dividend: ¥230.820 million (ii) Dividend per share: ¥40」
The Company paid an interim dividend of ¥230.820 million, or ¥40 per share, and continues its shareholder-return policy. - FY2019-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 23 October 2018, the following resolutions were passed regarding the interim dividend for the current period. (i) Total interim dividend: ¥230.820 million (ii) Dividend per share: ¥40」
The Company resolved to pay an interim dividend of ¥230.820 million, or ¥40 per share, demonstrating its track record of shareholder returns in line with earnings. - FY2019-Q1RestatedAnnual report
「15 June 2018 Annual General Meeting of Shareholders Common shares Retained earnings 230,320 40 31 March 2018 18 June 2018」
For the fiscal year ended March 2018, the Company paid a total dividend of ¥230.320 million, or ¥40 per share, demonstrating the implementation of its shareholder-return policy. - FY2018RestatedAnnual report
「The Company's basic policy on profit allocation is to secure the retained earnings necessary for future business expansion and strengthening its management base, while flexibly returning profits to shareholders in line with earnings.」
The Company continues its basic policy of balancing retained earnings with flexible shareholder returns. The annual dividend for the fiscal year was ¥80 per share. - FY2018-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 23 October 2017, the following resolutions were passed regarding the interim dividend for the current period. (i) Total interim dividend: ¥230.212 million (ii) Dividend per share: ¥40」
The Company paid an interim dividend of ¥230.212 million, or ¥40 per share, and continues its policy of balancing retained earnings with flexible shareholder returns. - FY2018-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 23 October 2017, the following resolutions were passed regarding the interim dividend for the current period. (i) Total interim dividend: ¥230.212 million (ii) Dividend per share: ¥40」
The Company resolved to pay an interim dividend of ¥230.212 million, or ¥40 per share, and continues its policy of returning profits to shareholders in line with earnings. - FY2018-Q1RestatedAnnual report
「16 June 2017 Annual General Meeting of Shareholders Common shares Retained earnings 229,776 40 31 March 2017 19 June 2017」
For the fiscal year ended March 2017, the Company paid a dividend of ¥40 per share, totaling ¥229,776 thousand, demonstrating its policy of returning profits to shareholders. - FY2017RestatedAnnual report
「The Company's basic policy on profit allocation is to secure the retained earnings necessary for future business expansion and strengthening its management base, while flexibly returning profits to shareholders in line with earnings.」
The Company continues to maintain its basic policy of balancing retained earnings with shareholder returns in line with earnings. - FY2016First statedAnnual report
「The Company's basic policy on profit allocation is to secure the retained earnings necessary for future business expansion and strengthening its management base, while flexibly returning profits to shareholders in line with earnings.」
The Company states its policy of balancing retained earnings for growth investment and strengthening its management base with shareholder returns in line with earnings.