Performance-Linked Shareholder Returns and Semiannual Dividends
First written in FY2016. 13 of 35 entries say "Restated". Latest entry: 2026-07-30.
13 other companies' latest entry also says "Softened".
- 2026-07-30SoftenedDividends
「For the current fiscal year, losses associated with PT. KRAKATAU OSAKA STEEL, from which withdrawal was decided in the previous fiscal year, are expected to account for the majority of losses during the withdrawal period. We therefore plan to pay dividends based on earnings excluding these losses, using a consolidated payout ratio of approximately 30% as a guideline. However, based on trends in cumulative second-quarter results and other factors, we plan to pay no second-quarter-end dividend. The year-end dividend will be determined under the above policy after considering the results of the investigation into damage to the West Japan Kumamoto Plant caused by the Reiwa 8 Kumamoto Earthquake and other factors, and therefore remains undetermined.」
While the Company stated a policy of targeting a consolidated dividend payout ratio of approximately 30%, it set the second-quarter-end dividend at ¥0 and left the year-end dividend undetermined. - FY2026SoftenedAnnual report
「Based on the policy described above, after comprehensively considering the current fiscal year’s results and other factors, the company will pay no dividend for the fiscal year. The dividend for the next fiscal year is undecided, as the outlook for demand and procurement conditions remains uncertain; it will be considered after assessing future business performance.」
While stating a policy of targeting a consolidated payout ratio of approximately 30% and paying dividends twice a year as a basic policy, the company paid no dividend for the current fiscal year and left the dividend for the next fiscal year undecided. - FY2026-H1SoftenedAnnual report
「Regarding the interim dividend for the 48th fiscal year (from 1 April 2025 to 31 March 2026), the Board of Directors, at its meeting held on 30 October 2025, resolved not to pay an interim dividend.」
Against the former policy of paying dividends twice a year as a basic policy, the company resolved not to pay an interim dividend for the 48th fiscal year. - FY2025RaisedAnnual report
「In addition to dividends targeting a payout ratio of 30%, the company determined that a shareholder return program capped at ¥30 billion over the next 3 years was feasible and decided to implement it.」
In addition to the previous policy of paying dividends twice a year and targeting a payout ratio of approximately 30%, the company implemented a shareholder return program capped at ¥30 billion over the 3 years from FY2025 to FY2027, as well as a tender offer for 9,000,000 treasury shares for ¥22,050 million. - FY2025-H1Interim dividend increased year on yearAnnual report
「Regarding the interim dividend for the 47th fiscal year (from 1 April 2024 to 31 March 2025), the Board of Directors, at its meeting held on 30 October 2024, resolved to pay an interim dividend as follows to shareholders recorded in the final shareholder register as of 30 September 2024. (1) Total dividends: ¥583 million (2) Dividend per share: ¥15.00」
The interim dividend was ¥583 million in total, or ¥15 per share, up from ¥389 million in total, or ¥10 per share, in the same period of the previous year. - FY2024Annual dividend increasedAnnual report
「Based on the policy described above, the year-end dividend for the fiscal year was ¥14.50 per share, resulting in an annual dividend of ¥24.50 per share including the interim dividend of ¥10.」
Under the policy of performance-linked dividends, a consolidated payout ratio of approximately 30%, and dividends twice a year, the annual dividend was ¥24.50 per share, up from ¥22.50 per share in the previous fiscal year. - FY2024-Q3RestatedAnnual report
「Regarding the interim dividend for the 46th fiscal year (from 1 April 2023 to 31 March 2024), the Board of Directors, at its meeting held on 30 October 2023, resolved to pay an interim dividend as follows to shareholders recorded in the final shareholder register as of 30 September 2023. (1) Total dividends: ¥389 million (2) Dividend per share: ¥10.00」
In line with the policy of paying dividends twice a year and returning profits in line with business performance, the company paid an interim dividend of ¥389 million, or ¥10 per share. There was no change from the previous quarter’s disclosure. - FY2024-Q2Interim dividend increased year on yearAnnual report
「Regarding the interim dividend for the 46th fiscal year (from 1 April 2023 to 31 March 2024), the Board of Directors, at its meeting held on 30 October 2023, resolved to pay an interim dividend as follows to shareholders recorded in the final shareholder register as of 30 September 2023. (1) Total dividends: ¥389 million (2) Dividend per share: ¥10.00」
The interim dividend was ¥389 million in total, or ¥10 per share, up from ¥311 million in total, or ¥8 per share, in the same period of the previous year. - FY2024-Q1Year-end dividend increased year on yearAnnual report
「Regarding the year-end dividend for the 45th fiscal year (from 1 April 2022 to 31 March 2023), the Board of Directors, at its meeting held on 16 May 2023, resolved to pay a year-end dividend as follows to shareholders recorded in the final shareholder register as of 31 March 2023. 1. Total dividends: ¥564 million 2. Dividend per share: ¥14.50 3. Effective date of dividend entitlement and payment commencement date: 5 June 2023」
In line with the policy of paying dividends twice a year and returning profits in line with business performance, the year-end dividend was ¥564 million in total, or ¥14.50 per share, up from ¥13.50 per share in the same period of the previous year. - FY2023-Q2Interim dividend increased year on yearAnnual report
「Regarding the interim dividend for the 45th fiscal year (from 1 April 2022 to 31 March 2023), the Board of Directors, at its meeting held on 27 October 2022, resolved to pay an interim dividend as follows to shareholders recorded in the final shareholder register as of 30 September 2022. (1) Total dividends: ¥311 million (2) Dividend per share: ¥8.00」
The interim dividend was ¥311 million in total, or ¥8 per share, up from ¥272 million in total, or ¥7 per share, in the same period of the previous year. - FY2023-Q1RestatedAnnual report
「Regarding the year-end dividend for the 44th fiscal year (from 1 April 2021 to 31 March 2022), the Board of Directors, at its meeting held on 17 May 2022, resolved to pay a year-end dividend as follows to shareholders recorded in the final shareholder register as of 31 March 2022. 1. Total dividends: ¥525 million 2. Dividend per share: ¥13.50 3. Effective date of dividend entitlement and payment commencement date: 3 June 2022」
In line with the policy of paying dividends twice a year and returning profits in line with business performance, the company paid total dividends of ¥525 million, or ¥13.50 per share, as the year-end dividend for the 44th fiscal year. - FY2022RestatedAnnual report
「Based on the policy described above, the year-end dividend for the fiscal year was ¥13.50 per share, resulting in an annual dividend of ¥20.50 per share including the interim dividend of ¥7.」
Under the policy of returning profits in line with business performance, targeting a consolidated payout ratio of approximately 30%, and paying dividends twice a year as a basic policy, the company paid annual dividends of ¥20.50 per share, comprising an interim dividend of ¥7 and a year-end dividend of ¥13.50. - FY2022-Q3Resumption of interim dividend paymentsAnnual report
「Regarding the interim dividend for the 44th fiscal year (from 1 April 2021 to 31 March 2022), the Board of Directors, at its meeting held on 28 October 2021, resolved to pay an interim dividend as follows to shareholders recorded in the final shareholder register as of 30 September 2021.」
Although the company had resolved not to pay an interim dividend in the previous fiscal year, it resumed interim dividends in the 44th fiscal year and resolved to pay ¥7 per share, totaling ¥272 million. - FY2021SoftenedAnnual report
「Based on the policy described above, the year-end dividend for the fiscal year was ¥7 per share, resulting in an annual dividend of ¥7 including no interim dividend.」
Although the company maintained its policy of targeting a consolidated payout ratio of approximately 30% and paying dividends twice a year as a basic policy, it paid no interim dividend, and the annual dividend decreased from ¥32.50 per share in the previous fiscal year to ¥7. - FY2021-Q3RestatedAnnual report
「Regarding the interim dividend for the 43rd fiscal year (from 1 April 2020 to 31 March 2021), the Board of Directors, at its meeting held on 29 October 2020, resolved not to pay an interim dividend.」
The decision not to pay an interim dividend for the 43rd fiscal year was reiterated. No further change was disclosed following the weakening of the dividend policy indicated in the previous quarter. - FY2021-Q2SoftenedAnnual report
「Regarding the interim dividend for the 43rd fiscal year (from 1 April 2020 to 31 March 2021), the Board of Directors, at its meeting held on 29 October 2020, resolved not to pay an interim dividend.」
Against the former policy of returning profits in line with business performance and paying dividends twice a year as a basic policy, the company resolved not to pay an interim dividend for the 43rd fiscal year. - FY2021-Q1Year-end dividend and dividend per share increased year on yearAnnual report
「At its meeting held on 15 May 2020, the Board of Directors resolved to pay a year-end dividend as follows to shareholders recorded in the final shareholder register as of 31 March 2020. 1. Total dividends: ¥778 million 2. Dividend per share: ¥20.00」
Under the policy of paying dividends twice a year and returning profits in line with business performance, the company resolved to pay and paid a year-end dividend of ¥778 million, or ¥20 per share, up from ¥661 million, or ¥17 per share, in the same period of the previous year. - FY2020Annual dividend decreasedAnnual report
「Based on the policy described above, the year-end dividend for the fiscal year was ¥20 per share, resulting in an annual dividend of ¥32.50 per share including the interim dividend of ¥12.50.」
While maintaining the policy of targeting a consolidated payout ratio of approximately 30% and paying dividends twice a year as a basic policy, the annual dividend decreased from ¥34 per share in the previous fiscal year to ¥32.50. - FY2020-Q3RestatedAnnual report
「Regarding the interim dividend for the 42nd fiscal year (from 1 April 2019 to 31 March 2020), the Board of Directors, at its meeting held on 31 October 2019, resolved to pay an interim dividend as follows to shareholders recorded in the final shareholder register as of 30 September 2019. (1) Total dividends: ¥486 million (2) Dividend per share: ¥12.50 (3) Effective date of dividend entitlement and payment commencement date: 5 December 2019」
In line with the policy of paying dividends twice a year, the company paid an interim dividend of ¥486 million, or ¥12.50 per share. There was no change from the previous quarter’s disclosure. - FY2020-Q2Interim dividend and dividend per share decreased year on yearAnnual report
「Regarding the interim dividend for the 42nd fiscal year (from 1 April 2019 to 31 March 2020), the Board of Directors, at its meeting held on 31 October 2019, resolved to pay an interim dividend as follows to shareholders recorded in the final shareholder register as of 30 September 2019. (1) Total dividends: ¥486 million (2) Dividend per share: ¥12.50 (3) Effective date of dividend entitlement and payment commencement date: 5 December 2019」
Under the policy of paying dividends twice a year, the company resolved to pay an interim dividend of ¥486 million, or ¥12.50 per share, down from ¥661 million, or ¥17 per share, in the same period of the previous year. - FY2020-Q1RestatedAnnual report
「First-quarter cumulative consolidated period (from 1 April 2019 to 30 June 2019) 1. Dividends paid Resolution date 16 May 2019 Board of Directors Common shares 661 Per share 17.00 Record date 31 March 2019 Effective date 5 June 2019」
In line with the policy of returning profits in line with business performance and paying dividends twice a year, the company paid a year-end dividend of ¥661 million, or ¥17 per share. - FY2019Payout ratio guideline disclosed and annual dividend increasedAnnual report
「As stated in the “FY2020 Consolidated Medium-Term Plan: A New Leap Forward,” our target consolidated payout ratio is approximately 30%.」
In addition to the previous policy of performance-linked dividends paid twice a year, the company disclosed a target consolidated payout ratio of approximately 30%. The annual dividend for the fiscal year was ¥34 per share, up from ¥33.50 per share in the previous fiscal year. - FY2019-Q2Interim dividend and dividend per share increasedAnnual report
「Regarding the interim dividend for the 41st fiscal year (from 1 April 2018 to 31 March 2019), the Board of Directors, at its meeting held on 31 October 2018, resolved to pay an interim dividend as follows to shareholders recorded in the final shareholder register as of 30 September 2018. (1) Total dividends: ¥661 million (2) Dividend per share: ¥17.00 (3) Effective date of dividend entitlement and payment commencement date: 6 December 2018」
Under the policy of paying dividends twice a year and returning profits in line with business performance, the company resolved to pay an interim dividend of ¥661 million, or ¥17 per share, up from ¥486 million, or ¥12.50 per share, in the same period of the previous year. - FY2019-Q1RestatedAnnual report
「At its meeting held on 17 May 2018, the Board of Directors resolved to pay a year-end dividend as follows to shareholders recorded in the final shareholder register as of 31 March 2018. 1. Total dividends: ¥817 million 2. Dividend per share: ¥21.00 3. Effective date of dividend entitlement and payment commencement date: 6 June 2018」
Under the policy of paying dividends twice a year and returning profits in line with business performance, the company resolved to pay and paid a year-end dividend of ¥817 million, or ¥21 per share. - FY2018Annual dividend increasedAnnual report
「Based on the policy described above, the year-end dividend for the fiscal year was ¥21 per share, resulting in an annual dividend of ¥33.50 per share including the interim dividend of ¥12.50.」
Under the policy of paying dividends twice a year and returning profits in line with business performance, the annual dividend for the fiscal year was ¥33.50 per share, up from ¥30 per share in the previous fiscal year. - FY2018-Q3RestatedAnnual report
「Regarding the interim dividend for the 40th fiscal year (from 1 April 2017 to 31 March 2018), the Board of Directors, at its meeting held on 31 October 2017, resolved to pay an interim dividend as follows to shareholders recorded in the final shareholder register as of 30 September 2017. (1) Total dividends: ¥486 million (2) Dividend per share: ¥12.50 (3) Effective date of dividend entitlement and payment commencement date: 7 December 2017」
In line with the policy of paying dividends twice a year, the company paid an interim dividend of ¥486 million, or ¥12.50 per share, based on a Board resolution. - FY2018-Q2RestatedAnnual report
「Regarding the interim dividend for the 40th fiscal year (from 1 April 2017 to 31 March 2018), the Board of Directors, at its meeting held on 31 October 2017, resolved to pay an interim dividend as follows to shareholders recorded in the final shareholder register as of 30 September 2017. (1) Total dividends: ¥486 million (2) Dividend per share: ¥12.50 (3) Effective date of dividend entitlement and payment commencement date: 7 December 2017」
In line with the policy of paying dividends twice a year, the company paid an interim dividend of ¥486 million, or ¥12.50 per share, based on a Board resolution. - FY2018-Q1RestatedAnnual report
「Regarding the year-end dividend for the 39th fiscal year (from 1 April 2016 to 31 March 2017), the Board of Directors, at its meeting held on 16 May 2017, resolved to pay a year-end dividend as follows to shareholders recorded in the final shareholder register as of 31 March 2017. 1. Total dividends: ¥681 million 2. Dividend per share: ¥17.50 3. Effective date of dividend entitlement and payment commencement date: 7 June 2017」
In line with the policy of paying dividends twice a year, the company paid a year-end dividend based on a Board resolution. - FY2017-Q2RestatedAnnual report
「Regarding the interim dividend for the 39th fiscal year (from 1 April 2016 to 31 March 2017), the Board of Directors, at its meeting held on 27 October 2016, resolved to pay an interim dividend as follows to shareholders recorded in the final shareholder register as of 30 September 2016. (1) Total dividends: ¥486 million (2) Dividend per share: ¥12.50」
In line with the policy of paying dividends twice a year, the company disclosed an interim dividend of ¥486 million, or ¥12.50 per share, based on a Board resolution. - FY2017-Q1RestatedAnnual report
「Regarding the year-end dividend for the 38th fiscal year (from 1 April 2015 to 31 March 2016), the Board of Directors, at its meeting held on 17 May 2016, resolved to pay a year-end dividend as follows to shareholders recorded in the final shareholder register as of 31 March 2016. 1. Total dividends: ¥1,459 million 2. Dividend per share: ¥37.50」
The company disclosed the payment of a year-end dividend based on a Board resolution and reaffirmed its shareholder return policy. - FY2016First statedAnnual report
「We believe dividends should be returned appropriately to shareholders in line with business performance. Our basic policy is to pay dividends twice a year, as interim and year-end dividends, with the Board of Directors responsible for determining dividends.」
The policy is to return profits in line with business performance, pay dividends twice a year, and have the Board of Directors make the decision.