Investing in the Business and Competitiveness through Stable Dividends and Retained Earnings
First written in FY2017. 5 of 12 entries say "Restated". Latest entry: FY2026.
- FY2026RaisedAnnual report
「The dividend will be determined with a consolidated dividend payout ratio of 40% as a guideline, and, except when operating performance deteriorates significantly because of a sharp change in the business environment, an annual dividend of ¥50 per share, comprising interim and year-end dividends of ¥25 each, will serve as the dividend floor.」
From the interim dividend for FY2026, the company raised its guideline for the consolidated dividend payout ratio from 30% to 40% and its annual dividend floor from ¥20 to ¥50. It also added IT investment and M&A investment to the uses of retained earnings, alongside research and development and capital investment. - FY2025RestatedAnnual report
「The dividend amount will be determined with a consolidated dividend payout ratio of 30% as a guideline. Except in cases where performance declines significantly due to an abrupt change in the business environment, the annual dividend floor will be ¥20 per share, comprising ¥10 per share for the interim and year-end dividends.」
The company continues its dividend policy of using a consolidated dividend payout ratio of 30% as a guideline and setting an annual dividend floor of ¥20. - FY2022RestatedAnnual report
「The dividend amount will be determined with a consolidated dividend payout ratio of 30% as a guideline. Except in cases where performance declines significantly due to an abrupt change in the business environment, the annual dividend floor will be ¥20 per share, comprising ¥10 per share for the interim and year-end dividends.」
The company continues its dividend policy of using a consolidated dividend payout ratio of 30% as a guideline and setting an annual dividend floor of ¥20. - FY2021ReframedAnnual report
「From the 69th fiscal year, we positioned returning profits to shareholders as one of management's key priorities. Our basic policy is to maintain stable dividends while returning profits to shareholders in line with performance, taking into account retained earnings based on future business development and the characteristics of the business.」
The previous policy centered on stable dividends and the use of retained earnings has been expanded to include performance-linked shareholder returns, a policy targeting a consolidated dividend payout ratio of 30%, and an annual dividend floor of ¥20. - FY2020RestatedAnnual report
「With regard to retained earnings, taking into account consolidated performance and other factors, we will first give consideration to maintaining stable dividends, while securing retained earnings for further business development and strengthening competitiveness, and use them effectively as funding for investment in research and development, human resource development, and the strengthening of each business foundation.」
The company continues its policy of stable dividends and using retained earnings for research and development, human resource development, and strengthening its business foundation. - FY2019RestatedAnnual report
「With regard to retained earnings, taking into account consolidated performance and other factors, we will first give consideration to maintaining stable dividends, while securing retained earnings for further business development and strengthening competitiveness, and use them effectively as funding for investment in research and development, human resource development, and the strengthening of each business foundation.」
The company continues its policy of maintaining stable dividends while using retained earnings for research and development, human resource development, and strengthening its business foundation. - FY2018RestatedAnnual report
「With regard to retained earnings, taking into account consolidated performance and other factors, we will first give consideration to maintaining stable dividends, while securing retained earnings for further business development and strengthening competitiveness, and use them effectively as funding for investment in research and development, human resource development, and the strengthening of each business foundation.」
The company continues its policy of maintaining stable dividends while allocating retained earnings to research and development, human resource development, and strengthening its business foundation. - FY2017First statedAnnual report
「Our basic dividend policy is to return profits to shareholders and maintain stable dividend levels by strengthening shareholders' equity and securing sustainable earnings power.」
The company states a policy of maintaining stable dividends as its basic policy and using retained earnings for research and development, human resource development, and strengthening its business foundation.