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Nichia Steel Works (5658) · PolicyRestated

Shareholder Return Policy of Maintaining Stable Dividends

First written in FY2018. 5 of 7 entries say "Restated". Latest entry: 2026-07-30.

7entries
9years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2018 – FY2019RaisedFY20242018: 120182019: 120192020: 020202021: 020212022: 020222023: 020232024: 120242025: 020252026: 42026
Same theme, other companies
Stable, Continuous Shareholder Returns and Dividend Increase PolicyA theme 1081 companies write about · 2 as a headwind · 1105 as a tailwind
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Showing 14 of the 193 companies compared. The sentences above are computed from all 193.Comparing 200 of the theme's 1107 threads.
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  1. 2026-07-30RestatedEarnings

    「Fiscal year ending March 2027 (forecast) — 4.0 — 6.0 10.0」

    The dividend forecast for the fiscal year ending March 2027 was maintained at ¥4 per share for the interim dividend, ¥6 per share for the year-end dividend and ¥10 per share for the full year, with no change from the most recent forecast.
  2. FY2026RestatedAnnual report

    「With a view to further enhancing shareholder returns, improving capital efficiency and pursuing agile capital policies, the Company has established a policy of ensuring a total payout ratio, including share buybacks, of at least 50%.」

    The policy of ensuring a total payout ratio of at least 50%, including share buybacks, continues.
  3. FY2024RaisedAnnual report

    「The Company has established a policy of ensuring a total payout ratio, including share buybacks, of at least 50%, with a view to further enhancing shareholder returns, improving capital efficiency and pursuing agile capital policies.」

    The shareholder return commitment was clarified and expanded, changing from the previous policy of stable dividends based on performance and the dividend payout ratio to a policy of ensuring a total payout ratio of at least 50%, including share buybacks.
  4. FY2019RestatedAnnual report

    「The Company regards returning profits to shareholders as an important management priority and has adopted the continuation of stable dividends as its basic policy, taking comprehensive account of the results for each fiscal period, the dividend payout ratio and the status of shareholders’ equity.」

    The policy of treating shareholder returns as an important priority and continuing stable dividends while taking performance, the dividend payout ratio and shareholders’ equity into account has been maintained.
  5. FY2018First statedAnnual report

    「The Company regards returning profits to shareholders as an important management priority and has adopted the continuation of stable dividends as its basic policy, taking comprehensive account of the results for each fiscal period, the dividend payout ratio and the status of shareholders’ equity.」

    The basic policy of treating shareholder returns as an important priority and continuing stable dividends while taking performance, the dividend payout ratio and shareholders’ equity into account was stated explicitly for the first time.
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Shareholder Return Policy of Maintaining Stable Dividends | NICHIA STEEL WORKS,LTD. (5658) | Komori