Progressive increase in the consolidated payout ratio target to 30% annually
First written in FY2019. 1 of 6 entries say "Achieved", first in FY2020. Latest entry: FY2026.
- FY2026Updated payout ratio resultsAnnual report
「The consolidated payout ratio for fiscal 2025 was 29.6%, nearly achieving the target.」
The 30% consolidated payout ratio target was maintained, and the fiscal 2025 result was 29.6%. - FY2024The actual payout ratio fell slightly short of the target.Annual report
「With respect to shareholder returns, the Company has set an annual consolidated payout ratio of 30% as its target for dividends from retained earnings. The consolidated payout ratio for fiscal 2023 was 29.7%, nearly achieving the target.」
The 30% consolidated payout ratio target was maintained, and the fiscal 2023 result was 29.7%. Although it declined from 29.9% in the previous fiscal year, the Company stated that it had "nearly achieved the target." - FY2023The payout ratio moved closer to the target.Annual report
「With respect to shareholder returns, the Company has set an annual consolidated payout ratio of 30% as its target for dividends from retained earnings. The consolidated payout ratio for fiscal 2022 was 29.9%, nearly achieving the target.」
The 30% consolidated payout ratio target was maintained, and the fiscal 2022 result was 29.9%. Although this was closer to the target than the previous year's 29.8%, it continued to be described as "nearly achieved." - FY2022The payout ratio fell slightly short of the target but was nearly achieved.Annual report
「With respect to shareholder returns, the Company has set an annual consolidated payout ratio of 30% as its target for dividends from retained earnings. The consolidated payout ratio for fiscal 2021 was 29.8%, nearly achieving the target.」
The 30% consolidated payout ratio target was maintained, with the fiscal 2021 result at 29.8%, described as nearly achieving the target. - FY2020AchievedAnnual report
「With respect to shareholder returns, the Company has set an annual consolidated payout ratio of 30% as its target for dividends from retained earnings. The consolidated payout ratio for fiscal 2019 was 30.5%, achieving the target.」
It was stated that the consolidated payout ratio target of 30% was achieved, with the fiscal 2019 result at 30.5%. - FY2019First statedAnnual report
「Regarding shareholder returns, the company has set a target consolidated payout ratio of 30% annually for dividends from retained earnings. The consolidated payout ratio was 21.5% in fiscal 2018, but the company plans to raise it progressively while taking performance trends into account.」
The company explicitly stated for the first time a target consolidated payout ratio of 30% annually and indicated a policy of raising it progressively from the fiscal 2018 actual level of 21.5%, taking performance trends into account.