Shareholder Returns Focused on Stable Dividends and Future Increases
First written in FY2016. 16 of 36 entries say "Restated". Latest entry: 2026-08-10.
70 other companies' latest entry also says "Restated".
- FY2026ReframedAnnual report
「In light of these circumstances, from the fiscal year ending March 2027, we will change from the previous policy based on the dividend payout ratio to a policy of progressive dividends based on a consolidated dividend on equity ratio (DOE) of 4% or more.」
The basis and mechanism for shareholder returns were changed from the previous policy based on a 40% dividend payout ratio to progressive dividends based on a DOE of 4% or more from the fiscal year ending March 2027 onward. - FY2025RaisedAnnual report
「Under the Sixth Medium-Term Management Plan, our basic dividend policy is to target a payout ratio of 40% in order to enhance returns to shareholders. As a management strategy, we intend to prioritize allocating cash flow to growth investments, including M&A, to accelerate growth investment.」
The target was raised from the consolidated dividend payout ratio of approximately 30% stated in the previous fiscal year to a policy targeting a payout ratio of 40%. The Company also explicitly stated its intention to maintain and increase the total amount of shareholder returns while prioritizing growth investment. The annual dividend for the fiscal year was ¥90 per share, and the consolidated dividend payout ratio was 42%. - FY2025-H1Interim dividend set at ¥45 per shareAnnual report
「With respect to the interim dividend for the 191st fiscal period (from 1 April 2024 to 31 March 2025), the Board of Directors resolved at its meeting held on 7 November 2024 to pay an interim dividend as follows to shareholders listed or recorded in the final shareholder register as of 30 September 2024. ② Dividend per share ¥45.00」
The interim dividend with 30 September 2024 as the record date was set at ¥45 per share. The previous fiscal year's interim dividend of ¥160 was the amount before the share split, so the impact of the share split must be considered in a simple comparison. - FY2024Annual dividend decreased to ¥196 from the previous fiscal yearAnnual report
「Based on the above policy, the dividend for the fiscal year was set at ¥160 per share for the interim dividend and ¥36 per share for the year-end dividend.」
While maintaining the policy of targeting a consolidated dividend payout ratio of approximately 30%, the annual dividend, combining the dividends before and after the share split, was ¥196. The Company explained that the payout ratio was approximately 30% excluding gains on the sale of land. - FY2024-Q3RestatedAnnual report
「② Dividend per share ¥160.00」
The payment of ¥160 per share was reposted for the interim dividend with 30 September 2023 as the record date. This was the amount before the share split. - FY2024-Q2Interim dividend increased to ¥160Annual report
「② Dividend per share ¥160.00」
The interim dividend with 30 September 2023 as the record date was set at ¥160 per share. This was the amount before the share split and represents an increase from ¥100 in the same period of the previous year. - FY2024-Q1Year-end dividend increased to ¥100 per shareAnnual report
「29 June 2023 Annual General Meeting of Shareholders Common shares 935 100.0 31 March 2023 30 June 2023 Retained earnings」
The year-end dividend with 31 March 2023 as the record date was set at ¥100 per share, an increase from ¥95 in the previous year. - FY2023-Q3RestatedAnnual report
「② Dividend per share ¥100.00」
The payment of ¥100 per share was reposted for the interim dividend with 30 September 2022 as the record date. - FY2023-Q2Interim dividend increased to ¥100Annual report
「2 November 2022 Board of Directors Common shares 935 100.0 30 September 2022 1 December 2022 Retained earnings」
The interim dividend with 30 September 2022 as the record date was set at ¥100 per share, an increase from ¥95 in the same period of the previous year. - FY2023-Q1RestatedAnnual report
「29 June 2022 Annual General Meeting of Shareholders Common shares 888 95.0 31 March 2022 30 June 2022 Retained earnings」
A year-end dividend of ¥95 per share was paid for the dividend with 31 March 2022 as the record date. - FY2022ReframedAnnual report
「We consider it important to enhance returns to shareholders. Our basic policy for allocating profits is to distribute profits in line with business performance while building up retained earnings to secure funds for investment aimed at sustainable growth. Specifically, we aim for a consolidated dividend payout ratio of approximately 30%.」
The policy was made more specific, shifting from the previous wording focused on stable dividends and future dividend increases to a policy centered on investment for sustainable growth, performance-linked returns and a consolidated dividend payout ratio of approximately 30%. The dividend for the fiscal year was ¥190 per share. - FY2022-Q3RestatedAnnual report
「② Dividend per share ¥95.00」
The payment of ¥95 per share was reposted for the interim dividend with 30 September 2021 as the record date. - FY2022-Q2Interim dividend increased to ¥95Annual report
「4 November 2021; Board of Directors; common shares; 888; 95.0; 30 September 2021; 1 December 2021; retained earnings」
The interim dividend with 30 September 2021 as the record date was set at ¥95 per share, an increase from ¥45 in the same period of the previous year. - FY2021Annual dividend decreased to ¥110Annual report
「Based on the above policy, the dividend for the fiscal year was set at ¥110 per share.」
While the basic policy remains stable dividends and future dividend increases, the annual dividend decreased from ¥130 in the previous fiscal year to ¥110. The interim dividend was ¥45 and the year-end dividend was ¥65. - FY2021-Q3RestatedAnnual report
「Dividend per share ¥45.00」
The payment of ¥45 per share was reposted for the interim dividend with 30 September 2020 as the record date. - FY2021-Q2Interim dividend decreased to ¥45Annual report
「5 November 2020; Board of Directors; common shares; 420; 45.0; 30 September 2020; 1 December 2020; retained earnings」
The interim dividend with 30 September 2020 as the record date was set at ¥45 per share, down from ¥65 per share in the same period of the previous year. - FY2021-Q1RestatedAnnual report
「26 June 2020; Annual General Meeting of Shareholders; common shares; 606; 65.0; 31 March 2020; 29 June 2020; retained earnings」
A year-end dividend of ¥65 per share was paid for the dividend with 31 March 2020 as the record date. This represented the continuing implementation of the stable dividend policy. - FY2020-Q3RestatedAnnual report
「② Dividend per share ¥65.00」
The payment of ¥65 per share was reposted for the interim dividend with 30 September 2019 as the record date. - FY2020-Q2Interim dividend increased to ¥65Annual report
「② Dividend per share ¥65.00」
The interim dividend with 30 September 2019 as the record date was set at ¥65 per share, an increase from ¥60 in the previous fiscal year. - FY2020-Q1Year-end dividend increased to ¥75 per shareAnnual report
「27 June 2019; Annual General Meeting of Shareholders; common shares; 700; 75.0; 31 March 2019; 28 June 2019; retained earnings」
A year-end dividend of ¥75 per share was paid pursuant to the resolution of the Annual General Meeting of Shareholders. - FY2019-Q3RestatedAnnual report
「② Dividend per share ¥60.00」
The payment of ¥60 per share was reposted for the interim dividend with 30 September 2018 as the record date. - FY2019-Q2Interim dividend increased to ¥60Annual report
「8 November 2018; Board of Directors; common shares; 560; 60.0; 30 September 2018; 3 December 2018; retained earnings」
The interim dividend with 30 September 2018 as the record date was set at ¥60 per share. On a post-share-consolidation basis, this was an increase from the previous fiscal year's interim dividend of ¥3.5 before the share consolidation. - FY2019-Q1RestatedAnnual report
「28 June 2018; Annual General Meeting of Shareholders; common shares; 420; 45.0; 31 March 2018; 29 June 2018; retained earnings」
A year-end dividend of ¥45 per share on a post-share-consolidation basis was paid pursuant to the resolution of the Annual General Meeting of Shareholders. This represented the continuing implementation of the stable dividend policy. - FY2018Annual dividend of ¥80 on a post-share-consolidation basisAnnual report
「Our basic policy for allocating profits is to ensure stable dividends to shareholders while seeking to increase dividends in the future, and to build up retained earnings to strengthen the Company's financial position.」
The policy of stable dividends and future dividend increases was reaffirmed. The annual dividend for the fiscal year was ¥80 on a post-share-consolidation basis, comprising an interim dividend of ¥35 and a year-end dividend of ¥45. - FY2018-Q3RestatedAnnual report
「With respect to the interim dividend for the 184th fiscal period (from 1 April 2017 to 31 March 2018), the Board of Directors resolved at its meeting held on 2 November 2017 to pay an interim dividend as follows to shareholders listed or recorded in the final shareholder register as of 30 September 2017.」
The approval and payment of the interim dividend were reposted, indicating the continuing implementation of the stable dividend policy. The dividend per share was ¥3.50. - FY2018-Q2Interim dividend increased to ¥3.5Annual report
「2 November 2017; Board of Directors; common shares; 326; 3.5; 30 September 2017; 1 December 2017; retained earnings」
The interim dividend with 30 September 2017 as the record date was set at ¥3.5 per share. This amount is before the share consolidation and represents an increase from ¥3.0 in the same period of the previous year. - FY2018-Q1Dividend per share increased to ¥4.0Annual report
「Annual General Meeting of Shareholders, 29 June 2017; common shares; total dividends: ¥377 million; dividend per share: ¥4.0」
The dividend paid during the quarter pursuant to the resolution of the Annual General Meeting of Shareholders was ¥4.0 per share. - FY2017-Q3RestatedAnnual report
「With respect to the interim dividend for the 183rd fiscal period (from 1 April 2016 to 31 March 2017), the Board of Directors resolved at its meeting held on 2 November 2016 to pay an interim dividend as follows to shareholders listed or recorded in the final shareholder register as of 30 September 2016.」
The approval and payment of the interim dividend were reposted, indicating the continuing implementation of the stable dividend policy. The dividend per share was ¥3.00. - FY2017-Q2RestatedAnnual report
「With respect to the interim dividend for the 183rd fiscal period (from 1 April 2016 to 31 March 2017), the Board of Directors resolved at its meeting held on 2 November 2016 to pay an interim dividend as follows to shareholders listed or recorded in the final shareholder register as of 30 September 2016.」
An interim dividend was approved, with the dividend per share stated as ¥3.00. This was reposted as the continuing implementation of the stable dividend policy. - FY2017-Q1RestatedAnnual report
「Annual General Meeting of Shareholders, 29 June 2016; common shares; total dividends: ¥282 million; dividend per share: ¥3.0」
A payment of ¥3 per share was recorded as the dividend with 31 March 2016 as the record date. - FY2016First statedAnnual report
「Our basic policy for allocating profits is to ensure stable dividends to shareholders while seeking to increase dividends in the future, and to build up retained earnings to strengthen the Company's financial position.」
The basic policy for allocating profits is stable dividends, future dividend increases and the accumulation of retained earnings. The dividend for the fiscal year was ¥6 per share.