Shareholder Returns: Total Payout Ratio of at Least 35%, and at Least 40% for FY2023
First written in FY2023. 4 of 9 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2026.
8 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Our shareholder return policy targets a dividend payout ratio of approximately 40%, aims to increase dividends through profit growth, and provides for flexible share buybacks through capital management.」
The policy has been reorganized from the previous wording of total shareholder returns of at least 35%, or at least 40% for fiscal 2023, to target a dividend payout ratio of approximately 40% and share repurchases based on a Common Equity Tier 1 ratio of 11% to 12%. - FY2026-H1AdvancedAnnual report
「Dividends from retained earnings △ 6,351 ... Share repurchases △ 3,000 14 November 2025 Board of Directors Common shares 6,577 Retained earnings 37.00 30 September 2025 12 December 2025」
During the interim consolidated accounting period, the company paid dividends of ¥6.351 billion and repurchased shares for ¥3.0 billion. It also approved a dividend of ¥37 per share with a record date of 30 September 2025. - FY2025-H1AdvancedAnnual report
「Dividends from retained earnings △ 5,822 ... Share repurchases △ 4,853」
During the interim consolidated accounting period, the company paid dividends of ¥5,822 million and repurchased shares for ¥4,853 million. These are recorded as specific shareholder return results related to the policy of total shareholder returns of at least 35%, and at least 40% for fiscal 2023; the total shareholder return ratio for the interim period itself is not stated in the text. - FY2024-Q2AdvancedAnnual report
「10 November 2023; Board of Directors; common shares; total dividends: ¥2,739 million; retained earnings; dividend per share: ¥15.00; record date: 30 September 2023; effective date: 6 December 2023; expenditure for share repurchases: ¥1,255 million; of the 1,293 thousand shares increased, 1,292 thousand shares were acquired pursuant to a resolution of the Board of Directors」
In connection with the fiscal 2023 shareholder return policy, the company disclosed the payment of an interim dividend of ¥15, share repurchases of ¥1,255 million during the interim period and the acquisition of 1,292 thousand shares. - FY2024-Q1AdvancedAnnual report
「23 June 2023; Annual General Meeting of Shareholders; common shares; total dividends: ¥2,939 million; dividend per share: ¥16.00; record date: 31 March 2023; effective date: 26 June 2023; source of dividends: retained earnings」
For common share dividends for fiscal 2022, a total of ¥2.939 billion, or ¥16 per share, was paid. - FY2023First statedAnnual report
「Specifically, the company sets its shareholder return ratio, comprising dividends and share repurchases, at 35% or more of net income attributable to owners of the parent. For fiscal 2023, the company will set its total shareholder return ratio, comprising dividends and share repurchases, at 40% or more of net income attributable to owners of the parent.」
While maintaining stable dividends as its basic policy, the company has set a quantitative target for returns comprising dividends and share repurchases, raising the target to at least 40% for fiscal 2023.