Early Resumption of Dividend Payments Through Stable Earnings and Cash Flow Generation
First written in FY2016. 11 of 33 entries say "Restated". Latest entry: 2026-08-07.
Nakayama Steel Works moved to the "Worse" side of this theme in 2024, 2 years before the typical company in this theme (2026).
The whole theme swung hardest in 2017: 3 of 15 companies on the "Worse" side.
5 other companies' latest entry also says "Advanced".
- 2026-08-07AdvancedFinancial Results Presentation
「The annual dividend is expected to remain unchanged from the initial forecast at ¥20 per share.」
The annual dividend forecast of ¥20 per share for fiscal 2026 was maintained, representing an expected increase from the previous fiscal year’s ¥14 per share. - FY2026Decrease in annual dividend to ¥14Annual report
「Based on the above basic policy, the dividend for the fiscal year is expected to total ¥14, comprising the ¥8 per share interim dividend already paid and the ¥6 per share year-end dividend to be paid subject to approval at the ordinary general meeting of shareholders scheduled for 25 June 2026.」
The planned annual dividend is expected to decrease from ¥40 in the previous fiscal year to ¥14, further reducing the amount returned to shareholders under the stable dividend policy. - FY2026-H1Decrease in interim dividend to ¥8Annual report
「Board of Directors meeting held on 6 November 2025 Common shares 433 8.00 30 September 2025 1 December 2025 Retained earnings」
The interim dividend based on the record date of 30 September 2025 was ¥8 per share, down from the previous fiscal year's interim dividend of ¥18. - FY2025Decrease in annual dividend to ¥40Annual report
「Based on the above basic policy, the dividend for the fiscal year is expected to total ¥40, comprising the ¥18 per share interim dividend already paid and the ¥22 per share year-end dividend to be paid subject to approval at the ordinary general meeting of shareholders scheduled for 26 June 2025.」
The annual dividend is expected to decrease from ¥50 in the previous fiscal year to ¥40, reducing the amount returned to shareholders under the stable dividend policy. - FY2025-H1Decrease in the interim dividend to ¥18 per shareAnnual report
「Meeting of the Board of Directors held on 6 November 2024, common shares, 975, 18.00, 30 September 2024, 2 December 2024, retained earnings」
The interim dividend with 30 September 2024 as the record date was ¥18 per share, down from ¥19 per share in the previous fiscal year. - FY2024Decrease in the annual dividend to ¥50 per shareAnnual report
「Based on the basic policy described above, the dividend for the current fiscal year was set at ¥31 per share, resulting in a total of ¥50 per share including the interim dividend of ¥19.」
The annual dividend was ¥50 per share, down from ¥55 in the previous fiscal year. The interim dividend was ¥19 and the year-end dividend was ¥31. - FY2024-Q2Decrease in the interim dividend to ¥19 per shareAnnual report
「At a meeting of the Board of Directors held on 7 November 2023, the company resolved to pay an interim dividend as follows to shareholders recorded in the shareholder registry as of 30 September 2023: ① total dividends ¥1,028 million; ② ¥19.00 per share; ③ effective date of the dividend claim and payment commencement date: 1 December 2023.」
The interim dividend for the current period was ¥19 per share, down from ¥33 per share in the previous fiscal year. The annual dividend for the current fiscal year had not been finalized in this filing. - FY2023AdvancedAnnual report
「Based on the basic policy described above, the dividend for the current fiscal year was set at ¥22 per share, resulting in a total of ¥55 per share including the interim dividend of ¥33.」
The annual dividend was ¥55 per share, up from ¥16 in the previous fiscal year. Shareholder returns increased under the stable dividend policy. - FY2023-Q2AdvancedAnnual report
「Meeting of the Board of Directors held on 8 November 2022, common shares, 1,786, 33.00, 30 September 2022, 1 December 2022, retained earnings」
The company resolved to pay an interim dividend of ¥33 per share, totaling ¥1,786 million, with 30 September 2022 as the record date. This was up from the previous fiscal year's interim dividend of ¥4 per share. - FY2023-Q1RestatedAnnual report
「Annual General Meeting of Shareholders held on 28 June 2022, common shares, 723, 12.00, 31 March 2022, 29 June 2022, retained earnings」
A year-end dividend of ¥12 per share, totaling ¥723 million, was paid for the fiscal year ended March 2022. - FY2022AdvancedAnnual report
「Based on the basic policy described above, the dividend for the current fiscal year was set at ¥12 per share, resulting in a total of ¥16 per share including the interim dividend of ¥4.」
The annual dividend was ¥16 per share, up from ¥6 in the previous fiscal year. The payout ratio was stated to be 43.1%. - FY2022-Q3RestatedAnnual report
「Meeting of the Board of Directors held on 5 November 2021, common shares, 251, 4.00, 30 September 2021, 1 December 2021, retained earnings」
An interim dividend of ¥4 per share, with 30 September 2021 as the record date, was paid on 1 December 2021. - FY2022-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 5 November 2021, the company resolved to pay an interim dividend as follows to shareholders recorded in the shareholder registry as of 30 September 2021: ① total dividends ¥251 million; ② ¥4.00 per share; ③ effective date of the dividend claim and payment commencement date: 1 December 2021.」
The company resolved to pay an interim dividend of ¥4 per share, up from ¥3 per share in the interim period of the previous fiscal year. - FY2022-Q1RestatedAnnual report
「Annual General Meeting of Shareholders held on 29 June 2021, common shares, 188, 3.00, 31 March 2021, 30 June 2021, retained earnings」
A year-end dividend of ¥3 per share, totaling ¥188 million, was paid for the fiscal year ended March 2021. - FY2021RestatedAnnual report
「Based on the basic policy described above, the dividend for the current fiscal year was set at ¥3 per share, resulting in a total of ¥6 per share including the interim dividend of ¥3.」
The annual dividend was ¥6 per share, comprising an interim dividend of ¥3 and a year-end dividend of ¥3. - FY2021-Q3RestatedAnnual report
「Meeting of the Board of Directors held on 5 November 2020, common shares, 188, 3.00, 30 September 2020, 1 December 2020, retained earnings」
An interim dividend of ¥3 per share, totaling ¥188 million, with 30 September 2020 as the record date, was paid. - FY2021-Q2Resolution to pay an interim dividend of ¥3 per shareAnnual report
「At a meeting of the Board of Directors held on 5 November 2020, the company resolved to pay an interim dividend as follows to shareholders recorded in the shareholder registry as of 30 September 2020: ① total dividends ¥188 million; ② ¥3.00 per share; ③ effective date of the dividend claim and payment commencement date: 1 December 2020.」
The company resolved to pay an interim dividend of ¥3 per share, totaling ¥188 million, with 30 September 2020 as the record date. - FY2021-Q1Payment of an annual dividend of ¥6 per shareAnnual report
「Annual General Meeting of Shareholders held on 26 June 2020, common shares, 376, 6.00, 31 March 2020, 29 June 2020, retained earnings」
Following the resumption of dividends, a dividend of ¥6 per share was paid for the fiscal year ended March 2020. This comprised an ordinary dividend of ¥4 and a commemorative dividend of ¥2, differing in composition and amount from the previous fiscal year's annual dividend of ¥8. - FY2020-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 6 November 2019, the company resolved to pay an interim dividend as follows to shareholders recorded in the shareholder registry as of 30 September 2019: ① total dividends ¥251 million; ② ¥4.00 per share; ③ effective date of the dividend claim and payment commencement date: 2 December 2019.」
Following the resumption of dividends, an interim dividend of ¥4 per share was paid. - FY2020-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 6 November 2019, the company resolved to pay an interim dividend as follows to shareholders recorded in the shareholder registry as of 30 September 2019: ① total dividends ¥251 million; ② ¥4.00 per share; ③ effective date of the dividend claim and payment commencement date: 2 December 2019.」
Following the resumption of dividends, the company resolved to pay an interim dividend of ¥4 per share for the current fiscal year as well. - FY2020-Q1RestatedAnnual report
「Annual General Meeting of Shareholders held on 21 June 2019, common shares, 251, 4.00, 31 March 2019, 24 June 2019, retained earnings」
Following the resumption of dividends, a year-end dividend of ¥4 per share, totaling ¥251 million, became effective on 24 June 2019. - FY2019RestatedAnnual report
「At the 125th Annual General Meeting of Shareholders held on 21 June 2019, the company resolved to pay a year-end dividend of ¥4 per share for the current fiscal year. Combined with the interim dividend of ¥4 per share already paid, the annual dividend was ¥8 per share.」
The company maintained its annual dividend of ¥8 per share following the resumption of dividends, comprising a year-end dividend of ¥4 and an interim dividend of ¥4. - FY2019-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 6 November 2018, the company resolved to pay an interim dividend as follows to shareholders recorded in the shareholder registry as of 30 September 2018: ① total dividends ¥251 million; ② ¥4.00 per share; ③ effective date of the dividend claim and payment commencement date: 3 December 2018.」
Following the resumption of dividends, the company resolved to pay an interim dividend of ¥4 per share, up from ¥2.50 per share in the interim period of the previous fiscal year. - FY2019-Q1RestatedAnnual report
「Annual General Meeting of Shareholders held on 27 June 2018, common shares, 345, 5.50, 31 March 2018, 28 June 2018, retained earnings」
The year-end dividend following the resumption of dividends was paid at ¥5.50 per share, for total dividends of ¥345 million. - FY2018AdvancedAnnual report
「Based on the above circumstances, the company resolved at the 124th Annual General Meeting of Shareholders held on 27 June 2018 to pay a year-end dividend of ¥5.50 per share for the current fiscal year. Combined with the interim dividend of ¥2.50 per share already paid, the annual dividend was ¥8 per share.」
Following the resumption of dividends, the annual dividend was ¥8 per share, comprising a year-end dividend of ¥5.50 and an interim dividend of ¥2.50. - FY2018-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 2 November 2017, the company resolved to pay an interim dividend as follows to shareholders recorded in the shareholder registry as of 30 September 2017: ① total dividends ¥157 million; ② ¥2.50 per share; ③ effective date of the dividend claim and payment commencement date: 1 December 2017.」
Following the resumption of dividends, the company resolved to pay an interim dividend of ¥2.50 per share. - FY2018-Q1AchievedAnnual report
「Annual General Meeting of Shareholders held on 27 June 2017, common shares, total dividends ¥314 million, dividend per share ¥5.00, record date 31 March 2017, effective date 28 June 2017」
The resumption of dividends resolved for the previous fiscal year, at ¥5 per share, became effective on 28 June 2017. - FY2017AchievedAnnual report
「Based on the above circumstances, the company resolved at the 123rd Annual General Meeting of Shareholders held on 27 June 2017 to pay a dividend of ¥5 per share for the current fiscal year.」
After having paid no dividend through the previous fiscal year, the company resolved to pay a dividend of ¥5 per share for the current fiscal year and resumed dividend payments. - FY2016First statedAnnual report
「The company aims to resume dividends as soon as possible by generating stable earnings and cash flow.」
The company suspended dividends during its recovery phase, while setting the resumption of dividends as a target subject to the stabilization of earnings and cash flow.