Balancing Stable Dividends with Retained Earnings and Business Investment
First written in FY2016. 23 of 35 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-11-05.
- 2026-11-05RaisedResults
「2027年３月期 － 90.00 2027年３月期(予想) － 90.00 180.00」
中間配当を90円、年間配当予想を180円とし、前期実績の年間95円から配当水準を引き上げている。 - FY2026AdvancedAnnual report
「In line with the above policy, the Company pays dividends from surplus twice a year, consisting of an interim dividend and a year-end dividend. For the current fiscal year, the dividend was ¥95.00 per share, including an interim dividend of ¥41.00.」
Under the policy targeting a total payout ratio of 50%, the annual dividend increased to ¥95 from ¥76 in the previous fiscal year. During the current fiscal year, the Company also repurchased and cancelled 310,900 treasury shares, advancing the implementation of stable dividend increases and share repurchases. - FY2026-H1AdvancedAnnual report
「With respect to returning profits to shareholders, we have continued to increase dividends while prioritizing the maintenance of cash liquidity to achieve sustainable growth and maintaining a stable financial base. Under the new medium-term management plan, "JCU VISION 2035 －1st stage－," we will continue to maintain stable dividend increases to enhance shareholder value and consider agile share repurchases, targeting a total payout ratio of 50%.」
Under the policy targeting a total payout ratio of 50%, the year-end dividend for the fiscal year ending March 2025 was ¥39 per share, and the interim dividend based on the 30 September 2025 record date was ¥41, an increase from the previous interim dividend of ¥37. - FY2025AdvancedAnnual report
「In line with the above policy, the Company pays dividends from surplus twice a year, consisting of an interim dividend and a year-end dividend. For the current fiscal year, the dividend was ¥76.00 per share, including an interim dividend of ¥37.00.」
Under the new policy targeting a total payout ratio of 50%, the annual dividend increased to ¥76 from ¥66 in the previous year, representing a stable dividend increase. - FY2025-H1RaisedAnnual report
「Under the new medium-term management plan, "JCU VISION 2035 －1st stage－," the Company will continue to maintain stable dividend increases to enhance shareholder value and consider agile share repurchases, targeting a total payout ratio of 50%.」
The Company set out a new capital return policy targeting a total payout ratio of 50%, in addition to stable dividend increases and agile share repurchases. - FY2024-Q3AdvancedAnnual report
「Based on a resolution passed at the Board of Directors meeting held on 3 August 2023, the Company repurchased 276,600 treasury shares. As a result, treasury shares increased by ¥908.414 million during the nine-month period of the current fiscal year. The Company will cancel treasury shares to implement an agile capital policy. (2) Number of shares to be cancelled 300,800 shares」
Under its policy of stable dividend increases, the Company paid an interim dividend of ¥35 per share. In addition to repurchasing 276,600 treasury shares, it resolved on 29 February 2024 to cancel 300,800 shares, advancing the implementation of its capital policy. - FY2024-Q2AdvancedAnnual report
「Based on the Board of Directors' resolution of 3 August 2023, the company acquired 125,600 treasury shares. As a result, treasury shares increased by ¥409.407 million during the six-month period of the current fiscal year. 7 November 2023 Board of Directors Common shares 892,777 35.00 30 September 2023 4 December 2023 Retained earnings」
Under the share repurchase policy, the Company repurchased 125,600 shares for ¥409.407 million. It also increased the interim dividend to ¥35 per share from ¥33 in the same period of the previous year. - FY2024-Q1AdvancedAnnual report
「The company intends to acquire and cancel treasury shares in order to promote a flexible capital policy.」
At a meeting of the Board of Directors held on 3 August 2023, the company resolved to acquire up to 450,000 treasury shares for a total acquisition cost of up to ¥1 billion and disclosed a policy of cancelling all shares acquired. The acquisition period is from 4 August 2023 to 31 January 2024. - FY2023AdvancedAnnual report
「• Maintain and improve a stable financial base to increase shareholder value over the long term • Maintain and improve financial soundness and capital efficiency • Pursue capital expenditure and M&A investment funded by equity capital • Consider steadily increasing dividends and flexibly acquiring treasury shares」
The company maintained its capital-policy approach and acquired and cancelled 312,000 treasury shares during the fiscal year. The annual dividend was ¥66 per share, up from ¥57 in the previous year. - FY2023-Q3AdvancedAnnual report
「7 November 2022 Board of Directors Common shares 855,987 33.00 30 September 2022 5 December 2022 Retained earnings Based on the Board of Directors' resolution of 7 November 2022, the company acquired 186,100 treasury shares. As a result, treasury shares increased by ¥605.993 million during the nine-month period of the current fiscal year. At a meeting of the Board of Directors held on 3 February 2023, the company resolved matters relating to the cancellation of treasury shares pursuant to Article 178 of the Companies Act.」
Under its policy of steadily increasing dividends, the company paid an interim dividend of ¥33 per share and proceeded with the acquisition of 186,100 treasury shares. It also disclosed a resolution to cancel 312,000 treasury shares already acquired on 27 February 2023, indicating progress in implementing its capital policy. - FY2023-Q2AdvancedAnnual report
「The company intends to acquire and cancel treasury shares in order to implement a flexible capital policy.」
At a meeting of the Board of Directors held on 7 November 2022, the company resolved to acquire up to 450,000 treasury shares for a total amount of up to ¥1,000 million from 8 November 2022 to 31 March 2023, and to cancel all shares acquired. The interim dividend was set at ¥33 per share, an increase from ¥27 in the same period of the previous year. - FY2023-Q1AdvancedAnnual report
「27 May 2022 Board of Directors Common shares 777,998 30.00 31 March 2022 14 June 2022 Retained earnings」
Under its policy of steadily increasing dividends, the company paid a dividend of ¥30 per share based on the record date of 31 March 2022, an increase from ¥25 in the same period of the previous year. - FY2022ReframedAnnual report
「• Maintain a stable financial base to increase shareholder value over the long term. • Maintain and improve financial soundness and capital efficiency. • Pursue capital expenditure and M&A investment funded by equity capital. • Consider steadily increasing dividends and flexibly acquiring treasury shares.」
The company reorganized its capital policy from the former wording of a target payout ratio of 25% into a combination of financial soundness and capital efficiency, capital expenditure and M&A funded by internal funds, steady dividend increases, and treasury-share acquisitions. During the fiscal year, it acquired and cancelled 328,700 shares, and the annual dividend was ¥57. - FY2022-Q3AdvancedAnnual report
「Based on the Board of Directors' resolution of 4 August 2021, the company acquired 259,100 treasury shares. As a result, treasury shares increased by ¥1,156.362 million during the nine-month period of the current fiscal year.」
With respect to the treasury-share acquisition, cumulative acquisitions based on the 4 August 2021 resolution reached 259,100 shares, with an acquisition cost of ¥1,156.362 million. The interim dividend was ¥27 per share, up from ¥25 in the same period of the previous year. - FY2022-Q2AdvancedAnnual report
「Based on the Board of Directors' resolution of 4 August 2021, the company acquired 102,600 treasury shares. As a result, treasury shares increased by ¥430.031 million during the six-month period of the current fiscal year.」
The company conducted a treasury-share acquisition, acquiring 102,600 shares for ¥430.031 million during the six-month period of the current fiscal year. In addition, at a meeting of the Board of Directors held on 4 November 2021, it resolved to pay an interim dividend of ¥27 per share, an increase from ¥25 in the same period of the previous year. - FY2022-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 4 August 2021, the company resolved matters relating to the acquisition of treasury shares pursuant to Article 156 of the Companies Act as applied by replacing the relevant terms under Article 165, Paragraph 3 of that Act, and resolved matters relating to the cancellation of treasury shares pursuant to Article 178 of the Companies Act. Maximum number of shares to be acquired: 470,000 shares (1.79% of issued shares excluding treasury shares); total acquisition cost: ¥1,500,000,000 (maximum); acquisition period: 5 August 2021 to 31 March 2022.」
While maintaining its policy of steadily increasing dividends, the company newly resolved to acquire up to 470,000 treasury shares for ¥1.5 billion and cancel all treasury shares acquired. - FY2021-Q3AdvancedAnnual report
「Based on the Board of Directors' resolution of 4 August 2020, the company acquired 290,200 treasury shares. As a result, treasury shares increased by ¥999.762 million during the nine-month period of the current fiscal year.」
With respect to the treasury-share acquisition, the cumulative number of shares acquired based on the 4 August 2020 resolution reached 290,200, with an acquisition cost of ¥999.762 million. The interim dividend was ¥25 per share. - FY2021-Q2AdvancedAnnual report
「Based on the Board of Directors' resolution of 4 August 2020, the company acquired 126,600 treasury shares. As a result, treasury shares increased by ¥441.940 million during the six-month period of the current fiscal year.」
Based on the treasury-share acquisition resolution of 4 August 2020, the company acquired 126,600 shares for ¥441.940 million. - FY2021-Q1AdvancedAnnual report
「With respect to shareholder returns, we will prioritize securing liquidity on hand to achieve sustainable growth, aim to maintain a stable financial base, and seek to continue steadily increasing dividends with a target payout ratio of 25%.」
The dividend per share was increased from ¥22.50 in the same period of the previous year to ¥25. In addition, at a meeting of the Board of Directors held on 4 August 2020, the company resolved to acquire up to 400,000 treasury shares for a total acquisition cost of up to ¥1 billion as a flexible capital-management measure. - FY2020-Q3AdvancedAnnual report
「Based on resolutions of the Board of Directors held on 4 February 2019 and 1 November 2019, the company acquired 550,300 treasury shares. As a result, treasury shares increased by ¥1,311.157 million during the nine-month period of the current fiscal year.」
With respect to the treasury-share acquisition, the company acquired 550,300 shares based on 2 Board of Directors resolutions, increasing treasury shares by ¥1,311.157 million during the nine-month period of the current fiscal year. - FY2020-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 1 November 2019, the company resolved matters relating to the acquisition of treasury shares pursuant to Article 156 of the Companies Act as applied by replacing the relevant terms under Article 165, Paragraph 3 of that Act. Maximum number of shares to be acquired: 700,000 shares (2.59% of issued shares excluding treasury shares); total acquisition cost: ¥1,500,000,000 (maximum); acquisition period: 5 November 2019 to 28 February 2020.」
While maintaining its stable-dividend policy, the company newly resolved, as a flexible capital-management measure, to acquire up to 700,000 treasury shares for a total amount of up to ¥1.5 billion. The interim dividend was set at ¥23.50 per share. - FY2020-Q1RestatedAnnual report
「With respect to shareholder returns, we will prioritize securing liquidity on hand to achieve sustainable growth, aim to maintain a stable financial base, and seek to continue steadily increasing dividends with a target payout ratio of 25%.」
The company has reiterated its policy of aiming for steady dividend increases with a target payout ratio of 25% while maintaining liquidity on hand and its financial base. It paid a dividend of ¥22.50 per share in the first quarter. - FY2019AdvancedAnnual report
「Treasury shares acquired during the fiscal year: 530,600 shares; 948,359」
With respect to the treasury-share acquisition based on the Board of Directors' resolution of 4 February 2019, the company acquired 530,600 shares for ¥948.359 million during the fiscal year. - FY2019-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 4 February 2019, the company resolved matters relating to the acquisition of treasury shares pursuant to Article 156 of the Companies Act as applied by replacing the relevant terms under Article 165, Paragraph 3 of that Act. Maximum number of shares to be acquired: 1,050,000 shares (3.77% of issued shares excluding treasury shares); total acquisition cost: ¥1,500,000,000 (maximum); acquisition period: 5 February 2019 to 31 May 2019.」
As a flexible capital-management measure, the company resolved to acquire up to 1.05 million treasury shares for a total amount of up to ¥1.5 billion. - FY2019-Q2RestatedAnnual report
「With respect to shareholder returns, we will prioritize securing liquidity on hand to achieve sustainable growth, aim to maintain a stable financial base, and seek to continue steadily increasing dividends with a target payout ratio of 25%.」
The company has reiterated its policy of aiming for steady dividend increases with a target payout ratio of 25% while maintaining liquidity on hand and its financial base. - FY2019-Q1RestatedAnnual report
「With respect to shareholder returns, we will prioritize securing liquidity on hand to achieve sustainable growth, aim to maintain a stable financial base, and seek to continue steadily increasing dividends with a target payout ratio of 25%.」
The company has reaffirmed its policy of aiming for steady dividend increases with a target payout ratio of 25% while maintaining liquidity on hand and its financial base. - FY2018RaisedAnnual report
「• Maintain a stable financial base to sustainably increase shareholder value and target maintaining ROE at 20% over the medium to long term. • Secure liquidity on hand to achieve sustainable growth and continue growth investment while maintaining a stable financial base. • Aim to continue steadily increasing dividends, with a target payout ratio of 25%.」
The company expanded its former stable-dividend policy into a specific capital policy comprising maintenance of ROE at 20%, growth investment, continued steady dividend increases and a target payout ratio of 25%. The annual dividend for the current fiscal year was ¥85. - FY2018-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 2 November 2017, the following resolution was adopted concerning the interim dividend for the current fiscal year.」
The company resolved to pay total interim dividends of ¥487.058 million, or ¥35 per share, thereby implementing its stable-dividend policy. - FY2018-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 26 May 2017, the company resolved to pay dividends from retained earnings as follows.」
As a specific shareholder-return measure, the company disclosed a resolution and payment of total dividends of ¥486.799 million, or ¥70 per share. - FY2017RestatedAnnual report
「Our basic policy is to regard returning profits to shareholders as one of management's highest priorities, continue to pay stable dividends while securing retained earnings necessary to strengthen our financial position and actively expand our businesses, and implement a dividend policy that takes into account the payout ratio and other factors in light of business performance. Retained earnings will be invested effectively in future business activities and in strengthening the management base.」
The company has reiterated a dividend policy combining stable dividends, retained earnings, a stronger financial position and business investment, and has set the annual dividend for the current fiscal year at ¥130. - FY2017-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 3 August 2016, the company resolved to acquire treasury shares and determined the specific acquisition method pursuant to Article 156 of the Companies Act as applied by replacing the relevant terms under Article 165, Paragraph 3 of that Act. The company subsequently conducted the acquisition of treasury shares as follows.」
The company acquired 100,000 treasury shares and completed the purchases based on the acquisition resolution as a specific measure for shareholder returns and flexible capital management. - FY2016First statedAnnual report
「Our basic policy is to regard returning profits to shareholders as one of management's highest priorities, continue to pay stable dividends while securing retained earnings necessary to strengthen our financial position and actively expand our businesses, and implement a dividend policy that takes into account the payout ratio and other factors in light of business performance.」
The company has set out stable dividends, a stronger financial position and retained earnings needed for business investment as concurrent priorities.