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Pacific Metals (5541) · TargetReframed

Shareholder return policy targeting a consolidated dividend payout ratio of 30%

First written in FY2016. 15 of 32 entries say "Restated". Latest entry: FY2026.

32entries
11years
4from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2019-Q1RestatedFY2024-Q2 – FY20242016: 320162017: 420172018: 320182019: 320192020: 320202021: 220212022: 420222023: 220232024: 220242025: 120252026: 52026
Same theme, other companies
Dividend Policy Based on Consolidated Net Assets Dividend Payout Ratio and Dividend Payout RatioA theme 311 companies write about · 0 as a headwind · 322 as a tailwind

11 other companies' latest entry also says "Reframed".

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 196 companies compared. The sentences above are computed from all 196.Comparing 200 of the theme's 324 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2026ReframedAnnual report

    「Regarding dividends, we regard returning profits to shareholders as one of our important management priorities. While strengthening our corporate foundation, we will pay dividends for the time being based on a DOE (dividend on equity) target of 4%.」

    The Company changed its policy from targeting a consolidated payout ratio of 30% to targeting a DOE of 4% for the time being. In the fiscal year, it paid an annual dividend of ¥135 (¥60 interim and ¥75 year-end).
  2. FY2026-H1AdvancedAnnual report

    「At a meeting of the Board of Directors held on 9 May 2025, the Company resolved to pay a year-end dividend as follows to shareholders recorded in the shareholder register as of 31 March 2025. ① Total dividends: ¥2,632 million ② Dividend per share: ¥135.00」

    Following the absence of dividends in the previous fiscal year, the Company paid a total of ¥2,632 million, or ¥135 per share, as the year-end dividend for the fiscal year ending March 2025. It also resolved to pay an interim dividend of ¥60 with a record date of 30 September 2025.
  3. FY2024RestatedAnnual report

    「We will implement dividends with a target consolidated payout ratio of 30%. ... Regarding dividends for the fiscal year, given the extremely challenging environment and the expected recording of a net loss attributable to owners of the parent for the full fiscal year, the Company regrettably decided, in accordance with its dividend policy, not to pay a year-end dividend following the interim dividend.」

    While maintaining a policy of targeting a consolidated payout ratio of 30%, the Company did not pay interim or year-end dividends in the fiscal year due to the net loss.
  4. FY2024-Q3RestatedAnnual report

    「Regarding the interim dividend for the 98th fiscal year (1 April 2023 to 31 March 2024), the Board of Directors resolved at a meeting held on 31 October 2023 not to pay an interim dividend.」

    The resolution not to pay an interim dividend for the 98th fiscal year has been reconfirmed.
  5. FY2024-Q2RestatedAnnual report

    「Regarding the interim dividend for the 98th fiscal year (1 April 2023 to 31 March 2024), the Board of Directors resolved at a meeting held on 31 October 2023 not to pay an interim dividend.」

    The Company resolved not to pay an interim dividend for the 98th fiscal year, following the previous fiscal year.
  6. FY2023SoftenedAnnual report

    「Regarding dividends for the fiscal year, given the extremely challenging environment and the expected recording of a net loss attributable to owners of the parent for the full fiscal year, the Company regrettably decided, in accordance with its dividend policy, not to pay a year-end dividend following the interim dividend.」

    While maintaining a policy of targeting a consolidated payout ratio of 30%, the Company did not pay either an interim or year-end dividend in the fiscal year.
  7. FY2023-Q2SoftenedAnnual report

    「Regarding the interim dividend for the 97th fiscal year (1 April 2022 to 31 March 2023), the Board of Directors resolved at a meeting held on 28 October 2022 not to pay an interim dividend.」

    While an interim dividend of ¥20 was paid in the previous 96th fiscal year, the Company resolved not to pay an interim dividend in the 97th fiscal year.
  8. FY2023-Q1RestatedAnnual report

    「At a meeting of the Board of Directors held on 28 April 2022, the Company resolved to pay a year-end dividend as follows to shareholders recorded in the shareholder register as of 31 March 2022. ① Total dividends: ¥3,022 million ② Dividend per share: ¥155.00」

    Of the annual dividend of ¥175 under the previous fiscal year's dividend policy, a total of ¥3,022 million, or ¥155 per share, was paid as the year-end dividend.
  9. FY2022AdvancedAnnual report

    「For the current fiscal year, in accordance with its dividend policy, the annual dividend was set at ¥175 per share, including an interim dividend of ¥20 per share.」

    Under the policy of targeting a consolidated payout ratio of 30%, the annual dividend was ¥175 per share (¥20 interim and ¥155 year-end), resulting in a payout ratio of 30.59%.
  10. FY2022-Q3AdvancedAnnual report

    「Board of Directors meeting held on 29 October 2021; common shares; 390; 20.00; 30 September 2021; 6 December 2021」

    The Company resolved to pay an interim dividend of ¥390 million in total, or ¥20 per share, for the 96th fiscal year, and began payments on 6 December 2021.
  11. FY2022-Q1AdvancedAnnual report

    「At a meeting of the Board of Directors held on 28 April 2021, the Company resolved to pay a year-end dividend to shareholders recorded on the shareholder registry as of 31 March 2021, as follows: ① Total dividends: ¥390 million ② Dividend per share: ¥20.00 ③ Effective date of dividend receivables and dividend payment commencement date: 3 June 2021」

    For the 95th fiscal year, following the omission of the previous year’s interim dividend, the Company paid a year-end dividend of ¥390 million in total, or ¥20 per share.
  12. FY2021-Q3RestatedAnnual report

    「At a meeting of the Board of Directors held on 30 October 2020, the Company resolved not to pay an interim dividend for the 95th fiscal year, from 1 April 2020 to 31 March 2021.」

    The Company has reaffirmed the resolution not to pay an interim dividend for the 95th fiscal year.
  13. FY2021-Q2SoftenedAnnual report

    「At a meeting of the Board of Directors held on 30 October 2020, the Company resolved not to pay an interim dividend for the 95th fiscal year, from 1 April 2020 to 31 March 2021.」

    Although the Company paid an interim dividend of ¥20 in the previous fiscal year, it resolved not to pay an interim dividend for the 95th fiscal year. It also paid a commemorative dividend of ¥5 per share during the cumulative second-quarter period.
  14. FY2020Paid an annual dividend of ¥25Annual report

    「The Company will implement dividends targeting a payout ratio of 30%. For the current fiscal year, in accordance with its dividend policy, the annual dividend was set at ¥25 per share, including an interim dividend of ¥20 per share.」

    The Company maintained its policy of targeting a payout ratio of 30% and paid an annual dividend of ¥25 for the year, comprising an interim dividend of ¥20 and a year-end dividend of ¥5.
  15. FY2020-Q3RestatedAnnual report

    「Regarding the interim dividend for the 94th fiscal year, from 1 April 2019 to 31 March 2020, the Company resolved at a meeting of the Board of Directors held on 31 October 2019 to pay an interim dividend to shareholders recorded on the shareholder registry as of 30 September 2019, as follows: ① Total dividends: ¥390 million ② Dividend per share: ¥20.00 ③ Effective date of dividend receivables and dividend payment commencement date: 3 December 2019」

    The Company has reaffirmed that, under its policy of targeting a consolidated payout ratio of 30%, it paid an interim dividend of ¥390 million in total, or ¥20 per share.
  16. FY2020-Q2AdvancedAnnual report

    「At a meeting of the Board of Directors held on 31 October 2019, the Company resolved to pay an interim dividend to shareholders recorded on the shareholder registry as of 30 September 2019, as follows: ① Total dividends: ¥390 million ② Dividend per share: ¥20.00 ③ Effective date of dividend receivables and dividend payment commencement date: 3 December 2019」

    Under its policy of targeting a consolidated payout ratio of 30%, the Company resolved to pay an interim dividend of ¥390 million in total, or ¥20 per share.
  17. FY2020-Q1AdvancedAnnual report

    「At a meeting of the Board of Directors held on 25 April 2019, the Company resolved to pay a year-end dividend to shareholders recorded on the shareholder registry as of 31 March 2019, as follows: ① Total dividends: ¥682 million ② Dividend per share: ¥35.00 ③ Effective date of dividend receivables and dividend payment commencement date: 4 June 2019」

    After a period through the previous fiscal year during which no dividends were paid, the Company paid a year-end dividend of ¥682 million in total, or ¥35 per share.
  18. FY2019-Q3AdvancedAnnual report

    「At a meeting of the Board of Directors held on 31 October 2018, the Company resolved to pay an interim dividend to shareholders recorded on the shareholder registry as of 30 September 2018, as follows: ① Total dividends: ¥390 million ② Dividend per share: ¥20.00 ③ Effective date of dividend receivables and dividend payment commencement date: 4 December 2018」

    The Company describes the details of the interim dividend resolved in the previous quarter, including total dividends of ¥390 million, ¥20 per share, and the payment commencement date.
  19. FY2019-Q2AdvancedAnnual report

    「At a meeting of the Board of Directors held on 31 October 2018, the Company resolved to pay an interim dividend to shareholders recorded on the shareholder registry as of 30 September 2018, as follows: ① Total dividends: ¥390 million ② Dividend per share: ¥20.00 ③ Effective date of dividend receivables and dividend payment commencement date: 4 December 2018」

    Under its policy of targeting a consolidated payout ratio of 30%, the Company resolved to pay an interim dividend of ¥390 million in total, or ¥20 per share, after having paid no dividends through the previous year.
  20. FY2019-Q1RestatedAnnual report

    「The Company regards returning profits to shareholders as one of its key management priorities and, while strengthening and enhancing its corporate foundation, will implement profit distributions targeting a consolidated payout ratio of 30%.」

    The Company has reiterated its policy of targeting a consolidated payout ratio of 30% for profit returns. It also states that no dividends will be paid for the 92nd fiscal year.
  21. FY2018-Q3RestatedAnnual report

    「The Company regards returning profits to shareholders as one of its key management priorities and, while strengthening and enhancing its corporate foundation, will implement profit distributions targeting a consolidated payout ratio of 30%.」

    The Company has reiterated its policy of targeting a consolidated payout ratio of 30% for profit returns. The resolution not to pay an interim dividend for the 92nd fiscal year was also reaffirmed.
  22. FY2018-Q2RestatedAnnual report

    「The Company regards returning profits to shareholders as one of its key management priorities and, while strengthening and enhancing its corporate foundation, will implement profit distributions targeting a consolidated payout ratio of 30%.」

    The Company has reiterated its policy of targeting a consolidated payout ratio of 30% for profit returns. It also resolved not to pay an interim dividend for the 92nd fiscal year.
  23. FY2018-Q1RestatedAnnual report

    「The Company regards returning profits to shareholders as one of its key management priorities and, while strengthening and enhancing its corporate foundation, will implement profit distributions targeting a consolidated payout ratio of 30%.」

    The Company has reiterated its policy of targeting a consolidated payout ratio of 30% for profit returns. It also resolved not to pay dividends for the 91st fiscal year.
  24. FY2017RestatedAnnual report

    「The Company regards returning profits to shareholders as one of its key management priorities and, while strengthening and enhancing its corporate foundation, will implement profit distributions targeting a consolidated payout ratio of 30%.」

    The policy of targeting a consolidated payout ratio of 30% was maintained. However, in FY2017, the Company skipped the interim and year-end dividends because of a net loss attributable to owners of the parent.
  25. FY2017-Q3RestatedAnnual report

    「The Company regards returning profits to shareholders as one of its key management priorities and, while strengthening and enhancing its corporate foundation, will implement profit distributions targeting a consolidated payout ratio of 30%.」

    The Company has reiterated its policy of targeting a consolidated payout ratio of 30% for profit returns. No dividends were paid during the cumulative third-quarter period.
  26. FY2017-Q2RestatedAnnual report

    「While strengthening and enhancing its corporate foundation, the Company will implement shareholder returns targeting a consolidated payout ratio of 30%.」

    The Company has reiterated its policy of targeting a consolidated payout ratio of 30% for profit returns.
  27. FY2017-Q1RestatedAnnual report

    「While strengthening and enhancing its corporate foundation, the Company will implement shareholder returns targeting a consolidated payout ratio of 30%.」

    The Company has reiterated its policy of targeting a consolidated payout ratio of 30% for profit returns. No dividends were paid for the quarter.
  28. FY2016First statedAnnual report

    「While strengthening and enhancing its corporate foundation, the Company will implement shareholder returns targeting a consolidated payout ratio of 30%.」

    The Company has stated a policy of targeting a consolidated payout ratio of 30% for shareholder returns. However, it skipped the interim and year-end dividends for the current period because of a net loss.
Moved together

"Enhancing Profitability and Low-Cost Operations" moved the same way as this thread, in the same document, in 7 of its 32 moves.

753322★123456
  1. ★This thread
  2. 1Enhancing Profitability and Low-Cost Operations7×
  3. 2Weak sales in the real estate business and sluggish orders in the waste recycling business5×
  4. 3Stagnant Demand in the Stainless Steel Industry and for Ferro-Nickel3×
  5. 4Decline in Ferronickel Sales Due to a Shift in Raw Material Sourcing to Nickel Pig Iron and Other Materials3×
  6. 5Earnings pressured by weak LME nickel prices and high nickel ore prices2×
  7. 6Increase in cost due to declining inventory profitability2×

★ 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
No upcoming earnings preview for Pacific Metals yet. It last moved in the General Meetings of Shareholders of 2026-05-28: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Shareholder return policy targeting a consolidated dividend payout ratio of 30% | PACIFIC METALS CO.,LTD. (5541) | Komori