Stable, Consistent Dividends and the Use of Retained Earnings for Future Investment
First written in FY2016. 5 of 10 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「Under the medium-term management plan Growing Global for Sustainability (GGS), which began in the fiscal year ending March 2025, the company's dividend policy is to make progressive dividend payments and target a payout ratio of 40%.」
The company reaffirms GGS's dividend policy of progressive dividends and a target payout ratio of 40%. - FY2025RaisedAnnual report
「Under the medium-term management plan Growing Global for Sustainability (GGS), which began in the fiscal year ending March 2025, the company's dividend policy is to make progressive dividend payments and target a payout ratio of 40%.」
The company is making its shareholder-return commitment clearer and more ambitious, changing from the previous policy of stable dividends and a payout ratio of 30% or more to a policy based on progressive dividends and a target payout ratio of 40%. - FY2022RestatedAnnual report
「Under the medium-term management plan Ensuring Growing Global 2 (EGG2), which began in the fiscal year ending March 2022, the company's dividend policy is to make stable dividend payments and target a payout ratio of 30% or more.」
The company reaffirms EGG2's policy of stable dividends and a payout ratio of 30% or more. - FY2021ReframedAnnual report
「Under the medium-term management plan Ensuring Growing Global 2 (EGG2), which began in the fiscal year ending March 2022, the company's dividend policy is to make stable dividend payments and target a payout ratio of 30% or more.」
The company adds the specific EGG2 target of a payout ratio of 30% or more to its policy of stable and continuous dividends. - FY2018RestatedAnnual report
「From a long-term perspective, the company seeks to enhance corporate value by expanding business earnings and strengthening its financial position, and its basic policy is to pay stable and continuous dividends to shareholders. Retained earnings will be used to prepare for future business expansion, including investment in research and development and production facilities.」
The company reaffirms its policy of stable and continuous dividends and using retained earnings for research and development and production facility investment. - FY2017RestatedAnnual report
「From a long-term perspective, the company seeks to enhance corporate value by expanding business earnings and strengthening its financial position, and its basic policy is to pay stable and continuous dividends to shareholders.」
The company reaffirms its policy of stable and continuous dividends and using retained earnings for research and development and production facility investment. - FY2016First statedAnnual report
「From a long-term perspective, the company seeks to enhance corporate value by expanding business earnings and strengthening its financial position, and its basic policy is to pay stable and continuous dividends to shareholders. Retained earnings will be used to prepare for future business expansion, including investment in research and development and production facilities.」
The company states that its basic policy is to pay stable and continuous dividends and use retained earnings for research and development and production facility investment.