Balancing a Stronger Financial Position with Stable Dividends in Profit Allocation
First written in FY2016. 18 of 43 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-08-06.
28 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「Based on this policy, the dividend of surplus for the fiscal year is expected to be ¥100 per share, including an interim dividend of ¥50 per share. In the 26 Medium-Term Management Plan announced in May 2024, the Company stated that its basic policy for shareholder returns was a total payout ratio of at least 33%, together with continued stable dividends of at least ¥80 per share annually and flexible acquisitions of treasury shares.」
The annual dividend is expected to increase from ¥80 to ¥100 per share, with the interim dividend set at ¥50 per share. The 26 Medium-Term Management Plan's policies of a total payout ratio of at least 33%, annual dividends of at least ¥80 per share, and flexible acquisitions of treasury shares continued. - FY2026-H1Approved an interim dividend of ¥50 per shareAnnual report
「At a meeting of the Board of Directors held on 11 November 2025, it was resolved to pay an interim dividend to shareholders recorded in the shareholder registry as of 30 September 2025 as follows. ① Total dividend payment ¥5,586 million ② Dividend per share ¥50.00」
The interim dividend was approved at ¥5,586 million in total, or ¥50 per share. This was an increase from the previous fiscal year's interim dividend of ¥40 per share. - FY2025AdvancedAnnual report
「Treasury shares acquired during the fiscal year 4,166,600 14,999,856」
Based on the shareholder return policy of the 26 Medium-Term Management Plan, the Company acquired 4,166,600 treasury shares for approximately ¥15 billion. The annual dividend was ¥80 per share. - FY2025-H1RaisedAnnual report
「Pursuant to the resolution of the Board of Directors meeting held on 14 May 2024, the Company cancelled 3,793,500 treasury shares effective 31 May 2024. At a meeting of the Board of Directors held on 17 October 2024, the Company resolved matters relating to the acquisition of treasury shares pursuant to the provisions of Article 156 of the Companies Act, applied with the necessary changes under Article 165, Paragraph 3 of the same Act. ② Total number of shares that may be acquired: 6,000,000 shares (maximum) (5.18% of issued shares excluding treasury shares) ③ Total acquisition cost: ¥15,000,000,000 (maximum) ④ Acquisition period: 18 October 2024 to 31 March 2025」
After cancelling 3,793,500 treasury shares, the Company approved the acquisition of up to 6 million treasury shares for ¥15 billion, equivalent to 5.18% of issued shares. The interim dividend was ¥40 per share, in line with the 26 Medium-Term Management Plan's policy of annual dividends of at least ¥80 per share. - FY2024RaisedAnnual report
「In the 26 Medium-Term Management Plan announced in May 2024, the Company stated that its basic policy for shareholder returns was a total payout ratio of at least 33%, together with continued stable dividends of at least ¥80 per share annually and flexible acquisitions of treasury shares.」
The wording was strengthened from the previous policy of using a 33% total payout ratio as a guideline to stating "at least 33%," and a specific annual dividend floor of ¥80 per share was newly indicated. - FY2024-Q3AdvancedAnnual report
「Pursuant to the resolution of the Board of Directors meeting held on 9 November 2023, 1,812,000 treasury shares were acquired. As a result, among other factors, treasury shares increased by ¥4,196 million during the nine-month period ended 31 December 2023, and stood at ¥17,934 million at the end of the third quarter of the fiscal year.」
Under the treasury share acquisition approved on 9 November 2023, the acquisition of 1,812,000 shares worth approximately ¥4,196 million was reported. - FY2024-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 9 November 2023, the Company resolved matters relating to the acquisition of treasury shares pursuant to the provisions of Article 156 of the Companies Act, applied with the necessary changes under Article 165, Paragraph 3 of the same Act. ② Total number of shares that may be acquired: 2,500,000 shares (maximum) (2.12% of issued shares excluding treasury shares) ③ Total acquisition cost: ¥5,000,000,000 (maximum) ④ Acquisition period: 10 November 2023 to 29 December 2023 ⑤ Acquisition method: Market purchases on the Tokyo Stock Exchange Regarding the interim dividend for the 26th fiscal year (1 April 2023 to 31 March 2024), the Board of Directors resolved at its meeting held on 9 November 2023 to pay an interim dividend to shareholders recorded in the shareholder registry as of 30 September 2023 as follows. ① Total dividend payment ¥4,118 million ② Dividend per share ¥35.00」
As a shareholder return measure based on the medium-term management plan, the Company approved the acquisition of up to 2.5 million treasury shares for ¥5 billion. The acquisition period was set from 10 November to 29 December 2023. An interim dividend of ¥35 per share was also approved. - FY2024-Q1RestatedAnnual report
「29 June 2023 Annual General Meeting of Shareholders Common shares 4,108 35.00 31 March 2023 30 June 2023 Retained earnings」
For the year-end dividend for the fiscal year ended March 2023, a total of ¥4,108 million, or ¥35 per share, was paid, continuing shareholder returns in line with the policy of stable and consistent dividends. - FY2023RestatedAnnual report
「The dividend of surplus for the fiscal year was set at ¥70 per share, including an interim dividend of ¥35 per share.」
Stable and consistent dividends remained the basic policy. The Company paid an annual dividend of ¥70 per share, including an interim dividend of ¥35 per share. The policy of flexibly acquiring treasury shares, using a total payout ratio of 33% as a guideline, also continued. - FY2023-Q3RestatedAnnual report
「Regarding the interim dividend for the 25th fiscal year (1 April 2022 to 31 March 2023), the Board of Directors resolved at its meeting held on 10 November 2022 to pay an interim dividend to shareholders recorded in the shareholder registry as of 30 September 2022 as follows. ① Total dividend payment ¥4,108 million ② Dividend per share ¥35.00」
An interim dividend totaling ¥4,108 million, or ¥35 per share, was approved, reaffirming the policy of stable and consistent dividends. - FY2023-Q2RestatedAnnual report
「Regarding the interim dividend for the 25th fiscal year (1 April 2022 to 31 March 2023), the Board of Directors resolved at its meeting held on 10 November 2022 to pay an interim dividend to shareholders recorded in the shareholder registry as of 30 September 2022 as follows. ① Total dividend payment ¥4,108 million ② Dividend per share ¥35.00」
An interim dividend totaling ¥4,108 million, or ¥35 per share, was approved, reaffirming the policy of stable and consistent dividends. - FY2023-Q1RestatedAnnual report
「29 June 2022 Annual General Meeting of Shareholders Common shares 4,107 35.00 31 March 2022 30 June 2022 Retained earnings」
For the year-end dividend for the fiscal year ended March 2022, a total of ¥4,107 million, or ¥35 per share, was paid, and the policy of stable and consistent dividends was continued. - FY2022AdvancedAnnual report
「Regarding shareholder returns, the Company aims to enhance returns while maintaining stable and consistent dividends as the basic policy, and plans to flexibly acquire treasury shares as appropriate, using a total payout ratio of 33% as a guideline.」
The 33% total payout ratio policy of the 23 Medium-Term Management Plan continued. During the fiscal year, the Company acquired 1,981,500 treasury shares worth approximately ¥4,999 million and cancelled 5,155,200 shares. The annual dividend was ¥70 per share. - FY2022-Q3AdvancedAnnual report
「Pursuant to the resolution of the Board of Directors meeting held on 10 August 2021, 1,981,500 treasury shares were acquired. This acquisition increased treasury shares by ¥4,999 million.」
For the treasury share acquisition approved under the shareholder return policy of the 23 Medium-Term Management Plan, the acquisition of 1,981,500 shares worth approximately ¥4,999 million was reported. - FY2022-Q2Approved an interim dividend of ¥35 per shareAnnual report
「At a meeting of the Board of Directors held on 11 November 2021, it was resolved to pay an interim dividend to shareholders recorded in the shareholder registry as of 30 September 2021 as follows. ① Total dividend payment ¥4,092 million ② Dividend per share ¥35.00 ③ Effective date of dividend payment claim rights and payment commencement date 2 December 2021」
An interim dividend totaling ¥4,092 million, or ¥35 per share, was approved. This was an increase from the previous fiscal year's interim dividend of ¥30 per share. - FY2022-Q1AdvancedAnnual report
「Pursuant to the resolution of the Board of Directors meeting held on 13 May 2021, 5,155,200 treasury shares were cancelled effective 31 May 2021. At a meeting of the Board of Directors held on 10 August 2021, the Company resolved matters relating to the acquisition of treasury shares pursuant to the provisions of Article 156 of the Companies Act, applied with the necessary changes under Article 165, Paragraph 3 of the same Act. ② Total number of shares that may be acquired: 2,500,000 shares (maximum) (2.10% of issued shares excluding treasury shares) ③ Total acquisition cost: ¥5,000,000,000 (maximum) ④ Acquisition period: 11 August 2021 to 29 October 2021」
The Company cancelled 5,155,200 treasury shares and, after the filing date, approved the acquisition of up to 2.5 million treasury shares for ¥5 billion. Specific shareholder return measures were added under the policy of maintaining stable dividends as the basic approach to shareholder returns. - FY2021RaisedAnnual report
「In the 23 Medium-Term Management Plan announced in May 2021, the Company stated that it would enhance shareholder returns while maintaining stable and consistent dividends as the basic policy, and would flexibly acquire treasury shares as appropriate, using a total payout ratio of 33% as a guideline.」
The policy was raised from the previous guideline of a 30% total payout ratio to a 33% guideline under the 23 Medium-Term Management Plan. - FY2021-Q2AdvancedAnnual report
「Pursuant to the resolution of the Board of Directors meeting held on 20 May 2020, 1,993,200 treasury shares were acquired. As a result, among other factors, treasury shares increased by ¥5,005 million during the six-month period ended 30 September 2020, and stood at ¥21,104 million at the end of the second quarter of the fiscal year. At a meeting of the Board of Directors held on 10 November 2020, it was resolved to pay an interim dividend to shareholders recorded in the shareholder registry as of 30 September 2020 as follows. ① Total dividend payment ¥3,621 million ② Dividend per share ¥30.00」
Under the treasury share acquisition approved on 20 May 2020, 1,993,200 shares, worth approximately ¥5,005 million, were acquired during the cumulative period of the quarter. An interim dividend totaling ¥3,621 million, or ¥30 per share, was also approved. - FY2021-Q1AdvancedAnnual report
「Pursuant to the resolution of the Board of Directors meeting held on 20 May 2020, 1,548,500 treasury shares were acquired.」
Under the treasury share acquisition approved on 20 May 2020, 1,548,500 shares were acquired during the quarter. - FY2020AdvancedAnnual report
「At a meeting of the Board of Directors held on 20 May 2020, the Company resolved matters relating to the acquisition of treasury shares pursuant to the provisions of Article 156 of the Companies Act, applied with the necessary changes under Article 165, Paragraph 3 of the same Act. ② Total number of shares that may be acquired: 3,000,000 shares (maximum) (2.44% of issued shares excluding treasury shares) ③ Total acquisition cost: ¥5,000,000,000 (maximum) ④ Acquisition period: 21 May 2020 to 31 July 2020」
Under the policy of balancing stable dividends with retained earnings, the Company approved a treasury share acquisition in May 2020 of up to 3 million shares for ¥5 billion, with a specified acquisition period. The dividend for the fiscal year was ¥60 per share. - FY2020-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 12 November 2019, it was resolved to pay an interim dividend to shareholders recorded in the shareholder registry as of 30 September 2019 as follows. ① Total dividend payment ¥3,681 million ② Dividend per share ¥30.00 ③ Effective date of dividend payment claim rights and payment commencement date 3 December 2019」
An interim dividend totaling ¥3,681 million, or ¥30 per share, was approved, reaffirming the policy of stable and consistent dividends. - FY2019AdvancedAnnual report
「During the fiscal year, 1,341,200 treasury shares were acquired for a total acquisition cost of ¥4,999.676 million.」
Under the treasury share acquisition resolution of 22 January 2019, 1,341,200 shares, worth approximately ¥4,999 million, were acquired during the fiscal year, against maximums of 1.4 million shares and ¥5 billion. Dividends were set at ¥50 per share for the interim period and ¥30 per share at fiscal year-end. - FY2019-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 22 January 2019, the Company resolved matters relating to the acquisition of treasury shares pursuant to the provisions of Article 156 of the Companies Act, applied with the necessary changes under Article 165, Paragraph 3 of the same Act. 1. Reason for acquiring treasury shares The acquisition is intended to enhance shareholder returns based on the medium-term management plan. 2. Details of the acquisition (1) Class of shares to be acquired: Common shares (2) Total number of shares that may be acquired: 1,400,000 shares (maximum) (Ratio to the total number of issued shares excluding treasury shares: 1.13%) (3) Total acquisition cost: ¥5,000,000,000 (maximum) (4) Acquisition period: 23 January 2019 to 29 March 2019 (5) Acquisition method: Market purchases on the Tokyo Stock Exchange」
The Board of Directors resolved to acquire up to 1.4 million treasury shares for a total of ¥5 billion from 23 January to 29 March 2019 as a shareholder return measure based on the medium-term management plan. - FY2019-Q2Resolution on an interim dividend including a 20th anniversary commemorative dividendAnnual report
「At a meeting of the Board of Directors held on 8 November 2018, it was resolved to pay an interim dividend to shareholders recorded in the shareholder registry as of 30 September 2018 as follows. ① Total dividend payment ¥6,203 million ② Dividend per share ¥50.00 ③ Effective date of dividend payment claim rights and payment commencement date 4 December 2018 (Note) The dividend per share includes a ¥20 20th anniversary commemorative dividend.」
An interim dividend totaling ¥6,203 million, or ¥50 per share, was approved, including a ¥20 20th anniversary commemorative dividend. - FY2019-Q1RestatedAnnual report
「28 June 2018 Annual General Meeting of Shareholders Common shares 3,722 30.00 31 March 2018 29 June 2018 Retained earnings」
For the dividend for the fiscal year ended March 2018, a total of ¥3,722 million, or ¥30 per share after the share consolidation, was paid, and the policy of stable and consistent dividends was continued. - FY2018RaisedAnnual report
「Under the “20 Medium-Term Management Plan” announced in May 2018, we will consider flexible acquisitions of treasury shares with a total payout ratio of approximately 30%, while taking into account the balance with appropriate retained earnings needed for future growth investment and to strengthen our financial position by improving the equity ratio. Stable and continuous dividends will remain the basic policy, and we intend to make appropriate profit allocations after taking into account the management environment and performance for the period.」
The existing policy of balancing stable dividends with retained earnings has been supplemented by a policy of flexibly repurchasing treasury shares, using a total payout ratio of 30% as a guideline. - FY2018-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 9 November 2017, it was resolved to pay an interim dividend to shareholders recorded in the shareholder register as of 30 September 2017, as follows. ① Total dividends ¥3,722 million ② Dividend per share ¥3.00 ③ Effective date of dividend claim and payment commencement date 4 December 2017」
It was reconfirmed that an interim dividend totaling ¥3.722 billion, or ¥3 per share, had been paid, continuing the return of profits in line with the stable dividend policy. - FY2018-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 9 November 2017, it was resolved to pay an interim dividend to shareholders recorded in the shareholder register as of 30 September 2017, as follows. ① Total dividends ¥3,722 million ② Dividend per share ¥3.00 ③ Effective date of dividend claim and payment commencement date 4 December 2017」
An interim dividend totaling ¥3.722 billion, or ¥3 per share, was resolved, continuing the return of profits in line with the stable dividend policy. - FY2018-Q1RestatedAnnual report
「29 June 2017 Annual General Meeting of Shareholders Common shares 3,722 3.00 31 March 2017 30 June 2017 Retained earnings」
For the fiscal year ended March 2017, dividends totaling ¥3.722 billion, or ¥3 per share, were paid. The payment was in line with the stable dividend policy, and no change to the profit return policy was indicated. - FY2017AdvancedAnnual report
「During the fiscal year, 28,448,000 treasury shares were acquired for a total acquisition cost of ¥9,999.645 million.」
For the treasury share acquisition resolved in the previous fiscal year, 28,448,000 shares, worth approximately ¥10 billion, were acquired during the current fiscal year. The remaining amount against the resolution limit of 35,000,000 shares was also disclosed, so the acquisition was not treated as completed in full. - FY2017-Q3AdvancedAnnual report
「Based on a resolution of the Board of Directors held on 25 October 2016, we are acquiring 22,911,000 treasury shares.」
The market purchase of treasury shares resolved in the previous quarter was executed during the current quarterly accounting period. - FY2017-Q2AdvancedAnnual report
「To return profits to shareholders in accordance with the Medium-Term Management Plan, we will acquire treasury shares. The maximum number of shares that may be acquired is 35,000,000, the maximum total acquisition cost is ¥10,000,000,000, and the acquisition period is from 26 October 2016 to 31 January 2017.」
In addition to a profit allocation policy including stable dividends, the Board of Directors resolved to acquire treasury shares under the Medium-Term Management Plan, specifying the number of shares, amount and acquisition period. - FY2016First statedAnnual report
「Strengthening our management base, particularly our financial position, is a priority for management, and we intend to continue paying stable dividends in the future. At the same time, we believe retained earnings are essential as a source of funds for investment to improve corporate performance and expand our businesses, and we also need to place emphasis on strengthening shareholders’ equity.」
The basic policy is to balance financial strength, growth investment, retained earnings, shareholders’ equity and stable dividends.