Balancing Performance-Linked Dividends with Retained Earnings for Future Investment
First written in FY2023. 3 of 14 entries say "Restated". Latest entry: 2026-08-14.
81 other companies' latest entry also says "Restated".
- FY2026RaisedAnnual report
「To further clarify our commitment to enhancing returns to shareholders, we will implement a long-term, stable progressive dividend policy, with dividend increases of approximately ¥0.20 per share each fiscal year.」
In addition to its previous policy of balancing performance-linked dividends with retained earnings, the company explicitly stated a progressive dividend policy targeting an increase of ¥0.20 per share each fiscal year. The dividend for the fiscal year ending March 2026 was ¥5.20 per share. - FY2026-H1SoftenedAnnual report
「At a meeting of the Board of Directors held on 22 May 2025, the company resolved the following fiscal year-end dividend. (a) Total dividends: ¥85 million (b) Dividend per share: ¥5.00」
The fiscal year-end dividend was ¥5 per share, down from the ¥7 per share disclosed previously. - FY2025-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 23 May 2024, the company resolved the following fiscal year-end dividend. (a) Total dividends: ¥114 million (b) Dividend per share: ¥7.00」
The company resolved to pay a fiscal year-end dividend of ¥7 per share, totaling ¥114 million, up from the ¥5 per share disclosed previously. - FY2024-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 25 May 2023, the company resolved to pay dividends from surplus as follows. (a) Total dividends: ¥81 million (b) Dividend per share: ¥5.00」
The company resolved to pay total dividends of ¥81 million, or ¥5 per share, in line with its performance-based dividend policy. - FY2023First statedAnnual report
「We recognize respect for shareholders as an important management issue and have adopted as our basic policy the return of profits to shareholders through dividends based on performance. At the same time, we recognize that retained earnings necessary for future business expansion and strengthening our management base are indispensable to securing benefits for shareholders.」
Separate from share buybacks, the company has stated a dividend policy that balances dividends based on performance with retained earnings for future business expansion and the strengthening of its management base.