Komori
Hokuetsu Metal (5446) · TargetSoftened

Targeting a consolidated dividend payout ratio of approximately 30% for shareholder returns

First written in FY2016. 30 of 38 entries say "Restated". Latest entry: 2026-11-06.

38entries
11years
4from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2026-H12016: 320162017: 420172018: 420182019: 420192020: 220202021: 420212022: 420222023: 420232024: 220242025: 220252026: 52026
Same theme, other companies
Dividend policy based on consolidated net assets dividend ratio and payout ratio criteriaA theme 367 companies write about · 0 as a headwind · 378 as a tailwind

6 other companies' latest entry also says "Softened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 197 companies compared. The sentences above are computed from all 197.Comparing 200 of the theme's 379 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2026SoftenedAnnual report

    「The current-period dividend was determined after comprehensively considering the period's performance and future business development. At a meeting of the Board of Directors held on 5 November 2025, the Company resolved to pay an interim dividend of ¥4 per share. Regrettably, it also decided not to pay a year-end dividend.」

    The interim dividend was ¥4 per share, down from ¥10 in the previous fiscal year, and no year-end dividend was paid. Although the policy of targeting a payout ratio of approximately 30% is stated, no payout ratio is stated for the current period because the Company recorded a net loss for the period.
  2. FY2026-H1Interim dividend reductionAnnual report

    「At a meeting of the Board of Directors held on 5 November 2025, the Company resolved to pay shareholders recorded on the shareholder register as of 30 September 2025 an interim dividend as follows: ① Total dividends: ¥15.697 million ② Dividend per share: ¥4.00」

    Under its profit distribution policy targeting a consolidated payout ratio of approximately 30%, the Company resolved to pay an interim dividend based on the end-September 2025 record date of ¥4 per share. This was down from ¥10 in the previous fiscal year's interim dividend.
  3. FY2025RestatedAnnual report

    「The indicator for shareholder returns based on consolidated performance targets a consolidated payout ratio of approximately 30%, but the payout is determined after giving sufficient consideration to maintaining stable dividends.」

    The Company continues its policy of targeting a payout ratio of approximately 30%. For the current period, the dividend was ¥10 interim and ¥35 year-end, or ¥45 annually, resulting in a payout ratio of 32.31%.
  4. FY2025-H1RestatedAnnual report

    「At a meeting of the Board of Directors held on 1 November 2024, the Company resolved to pay shareholders recorded on the shareholder register as of 30 September 2024 an interim dividend as follows: ① Total dividends: ¥39.243 million ② Dividend per share: ¥10.00」

    Under its profit distribution policy targeting a consolidated payout ratio of approximately 30%, the Company resolved to pay an interim dividend based on the end-September 2024 record date of ¥10 per share, totaling ¥39.243 million.
  5. FY2024RestatedAnnual report

    「The indicator for shareholder returns based on consolidated performance targets a consolidated payout ratio of approximately 30%, but the payout is determined after giving sufficient consideration to maintaining stable dividends.」

    The Company continues its policy of targeting a payout ratio of approximately 30%. For the current period, the dividend was ¥30 interim and ¥5 year-end, or ¥35 annually, with the reporting company's payout ratio at 38.50%.
  6. FY2024-Q2RestatedAnnual report

    「At a meeting of the Board of Directors held on 2 November 2023, the Company resolved to pay shareholders recorded on the shareholder register as of 30 September 2023 an interim dividend as follows: ① Total dividends: ¥117.733 million ② Dividend per share: ¥30.00 ③ Effective date of dividend payment claim and payment commencement date: 1 December 2023」

    Under its profit distribution policy, the Company resolved to pay an interim dividend based on the end-September 2023 record date of ¥30 per share, totaling ¥117.733 million.
  7. FY2024-Q1RestatedAnnual report

    「At a meeting of the Board of Directors held on 18 May 2023, the Company resolved to pay a year-end dividend to shareholders recorded on the shareholder register as of 31 March 2023, as follows: ① Total dividends: ¥215.844 million ② Dividend per share: ¥55.00 ③ Effective date of dividend payment claim and payment commencement date: 31 May 2023」

    Under its profit distribution policy, the Company resolved to pay, and paid, a year-end dividend for the fiscal year ended March 2023 totaling ¥215.844 million, or ¥55 per share.
  8. FY2023RestatedAnnual report

    「The Company's policy for determining dividends and other distributions from retained earnings is to return profits to shareholders in line with consolidated performance while building retained earnings to support future business development and strengthen the Company's financial foundation. Retained earnings will be allocated to capital investment and new product development to support long-term, stable business development and strengthen the Company's financial foundation. The indicator for shareholder returns based on consolidated performance targets a consolidated payout ratio of approximately 30%, but the payout is determined after giving sufficient consideration to maintaining stable dividends.」

    The Company continues its profit allocation policy of targeting a consolidated payout ratio of approximately 30%, maintaining stable dividends, and allocating retained earnings to capital investment and new product development. For the current period, the dividend was ¥30 interim and ¥55 year-end, or ¥85 annually, resulting in a payout ratio of 29.59%.
  9. FY2023-Q3RestatedAnnual report

    「At a meeting of the Board of Directors held on 2 November 2022, the Company resolved to pay shareholders recorded on the shareholder register as of 30 September 2022 an interim dividend as follows: ① Total dividends: ¥117.737 million ② Dividend per share: ¥30.00 ③ Effective date of dividend payment claim and payment commencement date: 1 December 2022」

    For the ¥30 interim dividend based on the end-September 2022 record date, the Company repeats the resolution for total dividends of ¥117.737 million, with payment commencing on 1 December 2022. The increase from the previous fiscal year's ¥5 interim dividend was already stated in the previous quarterly report.
  10. FY2023-Q2Increase in interim dividendAnnual report

    「At a meeting of the Board of Directors held on 2 November 2022, the Company resolved to pay shareholders recorded on the shareholder register as of 30 September 2022 an interim dividend as follows: ① Total dividends: ¥117.737 million ② Dividend per share: ¥30.00 ③ Effective date of dividend payment claim and payment commencement date: 1 December 2022」

    Under its profit distribution policy targeting a consolidated payout ratio of approximately 30%, the Company resolved to pay an interim dividend of ¥30 per share based on the 30 September 2022 record date. The dividend per share increased from ¥5 in the previous fiscal year's interim dividend.
  11. FY2023-Q1RestatedAnnual report

    「At a meeting of the Board of Directors held on 23 May 2022, the Company resolved to pay a year-end dividend to shareholders recorded on the shareholder register as of 31 March 2022, as follows: ① Total dividends: ¥3.924 million ② Dividend per share: ¥1.00 ③ Effective date of dividend payment claim and payment commencement date: 7 June 2022」

    Under its profit distribution policy targeting a consolidated payout ratio of approximately 30%, the Company resolved to pay, and paid, a year-end dividend for the fiscal year ended March 2022 totaling ¥3.924 million, or ¥1 per share.
  12. FY2022RestatedAnnual report

    「The indicator for shareholder returns based on consolidated performance targets a consolidated payout ratio of approximately 30%, but the payout is determined after giving sufficient consideration to maintaining stable dividends.」

    The Company continues its policy of targeting a consolidated payout ratio of approximately 30%. For the current period, the dividend is stated as ¥5 interim and ¥1 year-end, or ¥6 annually; no payout ratio is stated because the Company recorded a net loss for the period.
  13. FY2022-Q3RestatedAnnual report

    「Regarding the interim dividend for the 106th fiscal year (from 1 April 2021 to 31 March 2022), the Company resolved at a meeting of the Board of Directors held on 8 November 2021 to pay shareholders recorded on the shareholder register as of 30 September 2021 an interim dividend as follows: ① Total dividends: ¥19.623 million ② Dividend per share: ¥5.00 ③ Effective date of dividend payment claim and payment commencement date: 7 December 2021」

    Under its profit distribution policy targeting a consolidated payout ratio of approximately 30%, the Company resolved to pay an interim dividend based on the end-September 2021 record date totaling ¥19.623 million, or ¥5 per share, with payment commencing on 7 December 2021.
  14. FY2022-Q2RestatedAnnual report

    「Regarding the interim dividend for the 106th fiscal year (from 1 April 2021 to 30 September 2021), the Company resolved at a meeting of the Board of Directors held on 8 November 2021 to pay shareholders recorded on the shareholder register as of 30 September 2021 an interim dividend as follows: ① Total dividends: ¥19.623 million ② Dividend per share: ¥5.00」

    Under its profit distribution policy targeting a consolidated payout ratio of approximately 30%, the Company resolved to pay an interim dividend based on the end-September 2021 record date totaling ¥19.623 million, or ¥5 per share.
  15. FY2022-Q1RestatedAnnual report

    「At a meeting of the Board of Directors held on 19 May 2021, the Company resolved to pay a year-end dividend to shareholders recorded on the shareholder register as of 31 March 2021, as follows: ① Total dividends: ¥19.623 million ② Dividend per share: ¥5.00 ③ Effective date of dividend payment claim and payment commencement date: 31 May 2021」

    Under its profit distribution policy targeting a consolidated payout ratio of approximately 30%, the Company resolved to pay, and paid, a year-end dividend for the fiscal year ended March 2021 totaling ¥19.623 million, or ¥5 per share.
  16. FY2021RestatedAnnual report

    「The indicator for shareholder returns based on consolidated performance targets a consolidated payout ratio of approximately 30%, but the payout is determined after giving sufficient consideration to maintaining stable dividends.」

    The Company continues its policy of targeting a payout ratio of approximately 30%. For the current period, the dividend is stated as ¥25 interim and ¥5 year-end, or ¥30 annually, with a payout ratio of 30.10%.
  17. FY2021-Q3RestatedAnnual report

    「Regarding the interim dividend for the 105th fiscal year (from 1 April 2020 to 31 March 2021), the Company resolved at a meeting of the Board of Directors held on 5 November 2020 to pay shareholders recorded on the shareholder register as of 30 September 2020 an interim dividend as follows: ① Total dividends: ¥96.719 million ② Dividend per share: ¥25.00 ③ Effective date of dividend payment claim and payment commencement date: 8 December 2020」

    Under its consolidated profit distribution policy targeting a payout ratio of approximately 30%, the Company resolved to pay, and paid, an interim dividend based on the 30 September 2020 record date totaling ¥96.719 million, or ¥25 per share.
  18. FY2021-Q2RestatedAnnual report

    「At a meeting of the Board of Directors held on 5 November 2020, the Company resolved to pay shareholders recorded on the shareholder register as of 30 September 2020 an interim dividend as follows: ① Total dividends: ¥96.719 million ② Dividend per share: ¥25.00 ③ Effective date of dividend payment claim and payment commencement date: 8 December 2020」

    Under its profit distribution policy targeting a payout ratio of approximately 30%, the Company resolved to pay an interim dividend for which 30 September 2020 was the record date, totaling ¥96.719 million, or ¥25 per share, with payment commencing on 8 December 2020.
  19. FY2020RestatedAnnual report

    「The indicator for shareholder returns based on consolidated performance targets a consolidated payout ratio of approximately 30%, but the payout is determined after giving sufficient consideration to maintaining stable dividends.」

    The Company continues its policy of targeting a payout ratio of approximately 30%. For the current period, the dividend is stated as ¥20 interim and ¥60 year-end, or ¥80 annually, with the reporting company's payout ratio at 13.95%.
  20. FY2020-Q2RestatedAnnual report

    「Regarding the interim dividend for the 104th fiscal year (from 1 April 2019 to 30 September 2019), the Company resolved at a meeting of the Board of Directors held on 1 November 2019 to pay shareholders recorded on the shareholder register as of 30 September 2019 an interim dividend as follows: ① Total dividends: ¥77.379 million ② Dividend per share: ¥20.00 ③ Effective date of dividend payment claim and payment commencement date: 3 December 2019」

    Under its profit distribution policy targeting a consolidated payout ratio of approximately 30%, the Company resolved to pay an interim dividend for the 104th fiscal year totaling ¥77.379 million, or ¥20 per share.
  21. FY2020-Q1RestatedAnnual report

    「At a meeting of the Board of Directors held on 16 May 2019, the Company resolved to pay a year-end dividend to shareholders recorded on the shareholder register as of 31 March 2019, as follows: ① Total dividends: ¥27.082 million ② Dividend per share: ¥7.00 ③ Effective date of dividend payment claim and payment commencement date: 3 June 2019」

    Under its profit distribution policy targeting a consolidated payout ratio of approximately 30%, the Company resolved to pay, and paid, a year-end dividend totaling ¥27.082 million, or ¥7 per share.
  22. FY2019RestatedAnnual report

    「The indicator for shareholder returns based on consolidated performance targets a consolidated payout ratio of approximately 30%, but the payout is determined after giving sufficient consideration to maintaining stable dividends.」

    The Company continues its policy of targeting a consolidated payout ratio of approximately 30%. For the current period, the dividend is stated as ¥5 interim and ¥7 year-end, or ¥12 annually, with a payout ratio of 30.29%.
  23. FY2019-Q3RestatedAnnual report

    「Regarding the interim dividend for the 103rd fiscal year (from 1 April 2018 to 31 March 2019), the Company resolved at a meeting of the Board of Directors held on 2 November 2018 to pay shareholders recorded on the shareholder register as of 30 September 2018 an interim dividend as follows: ① Total dividends: ¥19.345 million ② Dividend per share: ¥5.00 ③ Effective date of dividend payment claim and payment commencement date: 4 December 2018」

    Under its profit distribution policy targeting a consolidated payout ratio of approximately 30%, the Company resolved to pay an interim dividend for the 103rd fiscal year totaling ¥19.345 million, or ¥5 per share, with 4 December 2018 set as the payment commencement date.
  24. FY2019-Q2RestatedAnnual report

    「At a meeting of the Board of Directors held on 2 November 2018, the Company resolved to pay shareholders recorded on the shareholder register as of 30 September 2018 an interim dividend as follows: ① Total dividends: ¥19.345 million ② Dividend per share: ¥5.00 ③ Effective date of dividend payment claim and payment commencement date: 4 December 2018」

    Under its profit distribution policy, the Company resolved to pay an interim dividend for the 103rd fiscal year totaling ¥19.345 million, or ¥5 per share, with 4 December 2018 set as the payment commencement date.
  25. FY2019-Q1RestatedAnnual report

    「At a meeting of the Board of Directors held on 17 May 2018, the Company resolved to pay a year-end dividend to shareholders recorded on the shareholder register as of 31 March 2018, as follows: ① Total dividends: ¥50.300 million ② Dividend per share: ¥13.00 ③ Effective date of dividend payment claim and payment commencement date: 4 June 2018」

    Under its profit distribution policy targeting a consolidated payout ratio of approximately 30%, the Company resolved to pay a year-end dividend of ¥50.300 million, or ¥13 per share, with payment commencing on 4 June 2018.
  26. FY2018RestatedAnnual report

    「The indicator for shareholder returns based on consolidated performance targets a consolidated payout ratio of approximately 30%, but the payout is determined after giving sufficient consideration to maintaining stable dividends.」

    The Company continues its policy of targeting a consolidated payout ratio of approximately 30%. For the current period, the dividend is stated as ¥20 interim and ¥13 year-end, or ¥33 annually, with the reporting company's payout ratio at 31.31%.
  27. FY2018-Q3RestatedAnnual report

    「Regarding the interim dividend for the 102nd fiscal year (from 1 April 2017 to 31 March 2018), the Company resolved at a meeting of the Board of Directors held on 2 November 2017 to pay shareholders recorded on the shareholder register as of 30 September 2017 an interim dividend as follows: ① Total dividends: ¥77.387 million ② Dividend per share: ¥20.00 ③ Effective date of dividend payment claim and payment commencement date: 5 December 2017」

    The Company repeats the previously resolved interim dividend for the 102nd fiscal year: ¥77.387 million in total, or ¥20 per share, with payment commencing on 5 December 2017.
  28. FY2018-Q2RestatedAnnual report

    「Regarding the interim dividend for the 102nd fiscal year (from 1 April 2017 to 30 September 2017), the Company resolved at a meeting of the Board of Directors held on 2 November 2017 to pay shareholders recorded on the shareholder register as of 30 September 2017 an interim dividend as follows: ① Total dividends: ¥77.387 million ② Dividend per share: ¥20.00 ③ Effective date of dividend payment claim and payment commencement date: 5 December 2017」

    Under its profit distribution policy, the Company resolved to pay an interim dividend for which 30 September 2017 was the record date, totaling ¥77.387 million, or ¥20 per share, with payment commencing on 5 December 2017.
  29. FY2018-Q1RestatedAnnual report

    「At a meeting of the Board of Directors held on 18 May 2017, the Company resolved to pay a year-end dividend to shareholders recorded on the shareholder register as of 31 March 2017, as follows: ① Total dividends: ¥77.390 million ② Dividend per share: ¥20.00 ③ Effective date of dividend payment claim and payment commencement date: 2 June 2017」

    Under its profit distribution policy targeting a consolidated payout ratio of approximately 30%, the Company paid a year-end dividend of ¥77.390 million, or ¥20 per share.
  30. FY2017RestatedAnnual report

    「The indicator for shareholder returns based on consolidated performance targets a consolidated payout ratio of approximately 30%, but the payout is determined after giving sufficient consideration to maintaining stable dividends.」

    The Company continues its profit allocation policy of targeting a consolidated payout ratio of approximately 30% while considering stable dividends together with retained earnings and capital investment. The current period's dividends are stated as ¥1 interim and ¥20 year-end, equivalent to ¥25 annually after the share consolidation.
  31. FY2017-Q3RestatedAnnual report

    「Regarding the interim dividend for the 101st fiscal year (from 1 April 2016 to 31 March 2017), the Company resolved at a meeting of the Board of Directors held on 4 November 2016 to pay shareholders recorded on the shareholder register as of 30 September 2016 an interim dividend as follows: ① Total dividends: ¥19.348 million ② Dividend per share: ¥1.00 ③ Effective date of dividend payment claim and payment commencement date: 6 December 2016」

    For the interim dividend resolved under the profit distribution policy targeting a consolidated payout ratio of approximately 30%, the Company states that the payment was ¥19.348 million in total, or ¥1 per share.
  32. FY2017-Q2RestatedAnnual report

    「Regarding the interim dividend for the 101st fiscal year (from 1 April 2016 to 31 March 2017), the Company resolved at a meeting of the Board of Directors held on 4 November 2016 to pay shareholders recorded on the shareholder register as of 30 September 2016 an interim dividend as follows: ① Total dividends: ¥19.348 million ② Dividend per share: ¥1.00 ③ Effective date of dividend payment claim and payment commencement date: 6 December 2016」

    Under its profit distribution policy targeting a consolidated payout ratio of approximately 30%, the Company resolved to pay an interim dividend of ¥19.348 million, or ¥1 per share, for the second quarter.
  33. FY2017-Q1RestatedAnnual report

    「At a meeting of the Board of Directors held on 18 May 2016, the Company resolved to pay a year-end dividend to shareholders recorded on the shareholder register as of 31 March 2016, as follows: ① Total dividends: ¥201.249 million ② Dividend per share: ¥10.50 ③ Effective date of dividend payment claim and payment commencement date: 2 June 2016」

    Under its profit distribution policy targeting a consolidated payout ratio of approximately 30%, the Company states that it paid a year-end dividend of ¥201.249 million, or ¥10.50 per share.
  34. FY2016First statedAnnual report

    「The Company's basic policy on profit allocation is to return profits to shareholders in line with consolidated operating results while building retained earnings for future business development and strengthening its corporate base. Retained earnings will be allocated to capital investment and new product development to support long-term, stable business development and strengthen the corporate base. The target indicator for shareholder returns in line with consolidated operating results is a consolidated payout ratio of approximately 30%, but decisions will be made with sufficient consideration given to maintaining stable dividends.」

    The policy sets out shareholder returns, retained earnings, and allocations to capital investment and new product development, with a target consolidated payout ratio of approximately 30%. The dividend for the current period is ¥12 per share annually.
Moved together

"Earnings improvement due to lower steel scrap prices and other factors" moved the same way as this thread, in the same document, in 4 of its 38 moves.

442★123
  1. ★This thread
  2. 1Earnings improvement due to lower steel scrap prices and other factors4×
  3. 2Risk of fluctuations in economic conditions, steel demand, product prices and raw material prices4×
  4. 3Risk of electricity supply constraints and rising electricity costs2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Hokuetsu Metal's next results are scheduled for 2026-11-06. Read the earnings preview It last moved in the Results of 2026-11-06: "Softened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Targeting a consolidated dividend payout ratio of approximately 30% for shareholder returns | HOKUETSU METAL Co.,Ltd. (5446) | Komori