Stable Dividends Based on a 20% Dividend Payout Ratio
First written in FY2021. 6 of 13 entries say "Raised", first in FY2024. Latest entry: 2026-09-14.
30 other companies' latest entry also says "Advanced".
- FY2026RaisedAnnual report
「For profit allocation in the current fiscal year, the Board of Directors meeting held in November 2025 partially changed the basic profit allocation policy, revising the policy from a "30% dividend payout ratio" to "progressive dividends as the basic policy, with a 30% dividend payout ratio." For profit allocation in the next fiscal year, the Board of Directors decided and announced a policy of raising the dividend payout ratio to 40%, with progressive dividends as the basic policy.」
The Company added progressive dividends to its basic policy while maintaining a 30% dividend payout ratio, and decided to raise the dividend payout ratio to 40% for the next fiscal year. - FY2025RestatedAnnual report
「Regarding profit allocation, the Company uses a dividend payout ratio of 30% as its benchmark in order to strengthen its earnings power and pay dividends continuously and stably. The Company also intends to use retained earnings effectively as medium- to long-term business resources for expanding its operations.」
The Company continues its policy of stable dividends based on a 30% dividend payout ratio and using retained earnings as medium- to long-term business resources for expanding its operations. - FY2024RaisedAnnual report
「Regarding profit allocation, the Company has raised its dividend payout ratio benchmark from 20% to 30% in order to strengthen its earnings power and pay dividends continuously and stably.」
While maintaining its policies of stable dividends and using retained earnings as business resources, the Company raised its dividend payout ratio benchmark from 20% to 30%. - FY2023RestatedAnnual report
「Regarding profit allocation, the Company uses a consolidated dividend payout ratio of 20% as its benchmark in order to strengthen its earnings power and pay dividends continuously and stably. The Company also intends to use retained earnings effectively as medium- to long-term business resources for expanding its operations.」
The Company continues its policy of stable dividends, a consolidated dividend payout ratio of 20%, and using retained earnings as medium- to long-term business resources. - FY2022RestatedAnnual report
「The Company recognizes the return of profits to shareholders as one of its important management priorities and has adopted a basic policy of continuously paying stable dividends. Regarding profit allocation, the Company uses a dividend payout ratio of 20% as its benchmark in order to strengthen its earnings power and pay dividends continuously and stably. The Company also intends to use retained earnings effectively as medium- to long-term business resources for expanding its operations.」
The Company reconfirms its policy of stable dividends based on a 20% dividend payout ratio and additionally states its policy of using retained earnings as medium- to long-term business resources for expanding its operations. - FY2021First statedAnnual report
「The Company recognizes the return of profits to shareholders as one of its important management priorities and has adopted a basic policy of continuously paying stable dividends. Regarding profit allocation, the Company uses a dividend payout ratio of 20% as its benchmark in order to strengthen its earnings power and pay dividends continuously and stably.」
The Company states that its basic policy is to pay stable dividends and that a 20% dividend payout ratio is its benchmark for profit allocation.