Shareholder returns targeting a total payout ratio of approximately 40%
First written in FY2018. 10 of 22 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2026.
51 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Treasury shares acquired during the fiscal year 1,677,100 ¥4,999,775,887」
Based on the resolution approving the November 2025 share repurchase, the company acquired 1,677,100 shares for approximately ¥5.0 billion and cancelled the same number of shares on 16 January 2026. - FY2026-H1AdvancedAnnual report
「② Total number of shares to be acquired: 2,500,000 shares (maximum; 1.42% of the total number of shares issued, excluding treasury shares) ③ Total acquisition price: ¥5,000 million (maximum) ④ Acquisition period: 13 November 2025 to 23 December 2025 ⑤ Acquisition method: Market purchases on the Tokyo Stock Exchange (discretionary investment management by a securities company)」
The company resolved a new capital management policy to acquire up to 2.5 million treasury shares for ¥5.0 billion, based on strategic investment opportunities and its financial condition, and to cancel all acquired shares on 16 January 2026. - FY2025AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 13 November 2024, the company acquired 2,028,000 treasury shares for ¥4,999,800,835 during the period from 14 November 2024 to 23 December 2024.」
Under the treasury share repurchase limit, the company acquired 2,028,000 shares for approximately ¥5.0 billion during the fiscal year, bringing total annual acquisitions to approximately ¥10.0 billion including purchases under a separate authorization. - FY2025-H1AdvancedAnnual report
「② Total number of shares to be acquired: 2,500,000 shares (maximum; 1.39% of the total number of shares issued, excluding treasury shares) ③ Total acquisition price: ¥5,000 million (maximum) ④ Acquisition period: 14 November 2024 to 23 December 2024 ⑤ Acquisition method: Market purchases on the Tokyo Stock Exchange (discretionary investment management by a securities company)」
The company resolved a specific plan to acquire up to 2.5 million treasury shares for ¥5.0 billion, based on strategic investment opportunities and its financial condition, and to cancel all acquired shares. - FY2024RaisedAnnual report
「Over the five-year cumulative period of the medium-term management plan, the company will target a total payout ratio of 60% of net income. For cash dividends in each fiscal year, it aims to achieve long-term stable dividends by targeting a consolidated dividend payout ratio of 40% and setting a floor of a DOE of at least 7%.」
The target was raised from the previous total payout ratio of approximately 40% to 60% of net income over the five-year cumulative period of the medium-term management plan. A new policy was established to target a dividend payout ratio of 40% for cash dividends, with a minimum DOE of 7%. - FY2024-Q3AdvancedAnnual report
「② Total number of shares to be acquired: 1,800,000 shares (maximum; 2.96% of the total number of shares issued, excluding treasury shares) ③ Total acquisition price: ¥6,000 million (maximum) ④ Acquisition period: 6 February 2024 to 19 March 2024」
The company resolved to acquire up to 1,800,000 treasury shares for a total acquisition price of ¥6,000 million to improve capital efficiency and enhance shareholder returns. It planned to cancel all acquired treasury shares on 27 March 2024. - FY2024-Q2AdvancedAnnual report
「At a Board of Directors meeting held on 10 May 2023, the company resolved matters relating to the cancellation of treasury shares pursuant to Article 178 of the Companies Act, and cancelled 3,550,600 treasury shares on 24 May 2023.」
As part of its capital management following the share repurchase, the company cancelled 3,550,600 treasury shares on 24 May 2023. - FY2023AchievedAnnual report
「Treasury shares acquired during the fiscal year 2,288,000 ¥7,999,818,394」
Under the treasury share repurchase limit, the company acquired 2,288,000 shares for ¥7,999,818,394, reaching the maximum acquisition price of ¥8,000 million. On 24 May 2023, it also cancelled 3,550,600 treasury shares. - FY2023-Q3AdvancedAnnual report
「Based on resolutions of the Board of Directors meetings held on 10 May 2022 and 31 October 2022, the company acquired 2,288,000 treasury shares for ¥7,999 million during the nine months ended 31 December.」
Under the increased treasury share repurchase limit, the company acquired 2,288,000 shares for ¥7,999 million during the nine months ended 31 December. - FY2023-Q2RaisedAnnual report
「As part of its capital management, the company will increase the maximum number of shares to be acquired and the maximum total acquisition price in order to improve capital efficiency and corporate value through flexible share repurchases suited to the management environment, taking into comprehensive consideration growth investment, its financial condition and the level of its share price. ② Total number of shares to be acquired: 2,500,000 shares (maximum; an increase of 700,000 shares from the resolution of 10 May 2022; 3.97% of the total number of shares issued, excluding treasury shares) ③ Total acquisition price: ¥8,000 million (maximum; an increase of ¥3,000 million from the resolution of 10 May 2022) ④ Acquisition period: 1 June 2022 to 31 March 2023」
The treasury share repurchase limit was increased from 1,800,000 shares and ¥5,000 million to 2,500,000 shares and ¥8,000 million. - FY2023-Q1AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 10 May 2022, the company has been acquiring treasury shares during the period from 1 June 2022 to 31 March 2023, up to a maximum of 1,800,000 shares or ¥5,000 million in total. During the three months ended 30 June, it acquired 717,500 treasury shares for ¥2,999 million.」
Under the annual treasury share repurchase plan, the company acquired 717,500 shares for ¥2,999 million in the first quarter. - FY2022RaisedAnnual report
「② Total number of shares to be acquired: 1,800,000 shares (maximum; 2.86% of the total number of shares issued, excluding treasury shares) ③ Total acquisition price: ¥5,000 million (maximum) ④ Acquisition period: 1 June 2022 to 31 March 2023」
The maximum for the next share repurchase plan was increased from 1,500,000 shares and ¥3,000 million to 1,800,000 shares and ¥5,000 million. - FY2022-Q3AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 1 November 2021, the company acquired 922,800 treasury shares. As a result, treasury shares increased by ¥2,999 million during the nine months ended 31 December, and amounted to ¥6,447 million at the end of the third quarter.」
The company disclosed the execution of the share repurchase approved in the second quarter, involving 922,800 shares at an acquisition price of ¥2,999 million. - FY2022-Q2AdvancedAnnual report
「Total number of shares to be acquired: 1,500,000 shares (maximum; 2.34% of the total number of shares issued, excluding treasury shares) ③ Total acquisition price: ¥3,000 million (maximum) ④ Acquisition period: 2 November 2021 to 31 January 2022 ⑤ Acquisition method: Market purchases on the Tokyo Stock Exchange (discretionary investment management by a securities company)」
The company resolved to purchase treasury shares through market purchases, up to a maximum of 1,500,000 shares and a total acquisition price of ¥3,000 million, during the period from 2 November 2021 to 31 January 2022, to enhance corporate value through flexible capital management. - FY2021RestatedAnnual report
「As before, our policy is to return profits after comprehensively considering the outlook for free cash flow, the total payout ratio including share repurchases, and the importance of stable dividends, while securing a sound financial base and targeting a total payout ratio of 40% of adjusted net income attributable to owners of the parent,」
The shareholder return policy of targeting a total payout ratio of 40% continued. The annual dividend for FY2021 was ¥44, and the company also repurchased ¥331 million of its own shares. - FY2020RestatedAnnual report
「As before, our policy is to return profits after comprehensively considering the outlook for free cash flow, the total payout ratio including share repurchases, and the importance of stable dividends, while securing a sound financial base and targeting a total payout ratio of 40% of adjusted net income attributable to owners of the parent,」
The policy of targeting a total payout ratio of 40% of adjusted net income attributable to owners of the parent continued to be disclosed. - FY2019RestatedAnnual report
「We regard returning profits to shareholders as one of our most important management priorities. Based on the recognition that enhancing corporate value through growth investment serves the common interests of shareholders, our basic policy is to prioritize business investment that leads to sustainable growth in corporate value while providing shareholder returns in line with profit growth, targeting a total payout ratio of approximately 40% of consolidated net income before goodwill amortization.」
The policy of targeting a total payout ratio of approximately 40% continued to be disclosed. - FY2018First statedAnnual report
「Our basic policy is to return profits in line with earnings growth, targeting a total payout ratio of approximately 40% of consolidated net income before amortization of goodwill.」
The company stated its basic policy of prioritizing growth investment while maintaining a total payout ratio, including dividends and share repurchases, of approximately 40%.