Earnings-Based Consolidated Dividend Policy with a Target Payout Ratio of 35%
First written in FY2016. 25 of 35 entries say "Restated". Latest entry: FY2027-H1.
86 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「30 October 2026; Board of Directors Common shares 15,126 73.0 30 September 2026 1 December 2026」
The Company resolved to pay an interim dividend of ¥73 per share, totalling ¥15,126 million. This updates the dividend record under the existing shareholder return policy. - FY2026ReframedAnnual report
「From fiscal 2026 onward, the Company has changed the basis for calculating DOE from equity to shareholders' equity and raised the DOE target from 8% to 10%, with the aim of providing continuous and stable dividends and using a metric that is less affected by market price fluctuations and more closely reflects the Company's actual condition.」
The Company has shifted its dividend metric from the previous policy centred on a 40% payout ratio to DOE based on shareholders' equity, raising the target from 8% to 10%. - FY2026-H1RestatedAnnual report
「31 October 2025; Board of Directors; common shares; ¥13,168 million; 62.0; 30 September 2025; 1 December 2025; retained earnings」
No change in the profit distribution policy targeting a 40% payout ratio is indicated, and the interim dividend was set at ¥62 per share, totalling ¥13,168 million. - FY2025-H1RestatedAnnual report
「Interim consolidated accounting period (1 April 2024 to 30 September 2024); 31 October 2024; Board of Directors; common shares; ¥10,228 million; ¥47.0; 30 September 2024; 2 December 2024; retained earnings」
No change in the profit distribution policy targeting a 40% payout ratio is indicated, and the interim dividend was set at ¥47 per share, totalling ¥10,228 million. - FY2024RestatedAnnual report
「Specifically, the Company aims to provide stable dividends by targeting a payout ratio of 40% of net income attributable to owners of the parent.」
The Company maintained its policy of targeting a 40% payout ratio and paid interim dividends of ¥29, final dividends of ¥49, and total annual dividends of ¥78. - FY2024-Q3RestatedAnnual report
「31 October 2023; Board of Directors; common shares; ¥6,411 million; 29.0; 30 September 2023; 1 December 2023; retained earnings」
The Company paid an interim dividend of ¥29 per share, totalling ¥6,411 million, for fiscal 2023. No change in the profit distribution policy targeting a 40% payout ratio is indicated. - FY2024-Q2RestatedAnnual report
「31 October 2023; Board of Directors; common shares; ¥6,411 million; 29.0; 30 September 2023; 1 December 2023; retained earnings」
The Company resolved to pay an interim dividend of ¥29 per share, totalling ¥6,411 million. No change in the profit distribution policy targeting a 40% payout ratio is indicated. - FY2024-Q1RestatedAnnual report
「23 June 2023; Annual General Meeting of Shareholders Common shares 7,293 33.0 31 March 2023 26 June 2023 Retained earnings」
The Company paid a final dividend of ¥33 per share, totalling ¥7,293 million, for the fiscal year ended March 2023. No change in the policy targeting a 40% payout ratio is indicated. - FY2023-Q3RestatedAnnual report
「31 October 2022; Board of Directors Common shares 5,525 25.0 30 September 2022 2 December 2022」
The Company paid an interim dividend of ¥25 per share, totalling ¥5,525 million, for fiscal 2022, and no change in the policy targeting a 40% payout ratio is indicated. - FY2023-Q2RestatedAnnual report
「31 October 2022; Board of Directors Common shares 5,525 25.0 30 September 2022 2 December 2022」
No change in the policy targeting a 40% payout ratio is indicated, and the Company resolved to pay an interim dividend of ¥25 per share, totalling ¥5,525 million, for fiscal 2022. - FY2023-Q1RestatedAnnual report
「23 June 2022; Annual General Meeting of Shareholders; common shares; ¥4,197 million; 19.0; 31 March 2022; 24 June 2022; retained earnings」
The Company paid a final dividend of ¥19 per share, totalling ¥4,197 million, for the fiscal year ended March 2022. No change in the target payout ratio of 40% stated for FY2022 is indicated. - FY2022RaisedAnnual report
「(1) The payout ratio will be approximately 40% of consolidated net income (net income attributable to owners of the parent).」
The Company has indicated a capital policy to raise its target payout ratio from the previous 35% to 40% from fiscal 2022. The dividend payout ratio stated for the current fiscal year remains a target of 35%, with a final dividend of ¥19 and total annual dividends of ¥36. - FY2022-Q3RestatedAnnual report
「29 October 2021; Board of Directors; common shares; 3,755; 17.0; 30 September 2021; 3 December 2021」
No change in the profit distribution policy targeting a 35% payout ratio is indicated, and the Company has disclosed the payment of an interim dividend of ¥17. - FY2022-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 29 October 2021, the Company resolved to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2021. ① Total dividends: ¥3,755 million ② Amount per share: ¥17.00」
The Company resolved to pay an interim dividend of ¥17, and no change in the profit distribution policy targeting a 35% payout ratio is indicated. - FY2021RestatedAnnual report
「Specifically, the Company distributes profit with a target payout ratio of 35% of net income attributable to owners of the parent. For the current period, the final dividend is an ordinary dividend of ¥17 per share, for total annual dividends of ¥34 including the interim dividend.」
The Company maintained its policy of targeting a 35% payout ratio and paid interim and final dividends of ¥17 each, for total annual dividends of ¥34. - FY2021-Q3RestatedAnnual report
「30 October 2020; Board of Directors Common shares 3,755 17.0 30 September 2020 7 December 2020」
No change in the profit distribution policy targeting a 35% payout ratio is indicated, and the Company has disclosed the payment of an interim dividend of ¥17. - FY2021-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 30 October 2020, the Company resolved to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2020. ① Total dividends ¥3,755 million ② Amount per share ¥17.00」
No change in the profit distribution policy targeting a 35% payout ratio is indicated, and the Company resolved to pay an interim dividend of ¥17. - FY2020-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 31 October 2019, the Company resolved to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2019. ① Total dividends: ¥3,785 million ② Amount per share: ¥17.00」
Although no change in the profit distribution policy is indicated, the Company disclosed a resolution to pay an interim dividend of ¥17 per share for the period. - FY2020-Q1RestatedAnnual report
「26 June 2019; Annual General Meeting of Shareholders; common shares; 3,599; 16.0; 31 March 2019; 27 June 2019; retained earnings」
No change in the profit distribution policy targeting a 35% payout ratio is indicated, and the Company paid a final dividend of ¥16 for the fiscal year ended March 2019. - FY2019RestatedAnnual report
「Specifically, the Company distributes profit with a target payout ratio of 35% of net income attributable to owners of the parent. For the current period, the final dividend is an ordinary dividend of ¥16 per share, for total annual dividends of ¥32 including the interim dividend.」
The Company maintained its policy of targeting a 35% payout ratio and paid interim and final dividends of ¥16 each, for total annual dividends of ¥32. - FY2019-Q3RestatedAnnual report
「31 October 2018; Board of Directors; common shares; ¥3,599 million; dividend per share: ¥16.0; record date: 30 September 2018; effective date: 5 December 2018」
The Company has disclosed the payment of an interim dividend of ¥16. No change in the profit distribution policy, which links dividends to consolidated performance and targets a payout ratio of 35%, is indicated. - FY2019-Q2RestatedAnnual report
「31 October 2018; Board of Directors; common shares; 3,599; 16.0; 30 September 2018; 5 December 2018; retained earnings」
The Company resolved to pay an interim dividend of ¥16. No change in the profit distribution policy, which links dividends to consolidated performance and targets a payout ratio of 35%, is indicated. - FY2019-Q1RestatedAnnual report
「27 June 2018; Annual General Meeting of Shareholders; common shares; ¥3,374 million; 15.0; 31 March 2018; 28 June 2018; retained earnings」
The Company paid a final dividend of ¥15 for the fiscal year ended March 2018. No change in the profit distribution policy, which links dividends to consolidated performance and targets a payout ratio of 35%, is indicated. - FY2018-Q3RestatedAnnual report
「Nine-month period ended 31 December 2017 (1 April 2017 to 31 December 2017) 1. Dividends paid: Board of Directors meeting held on 31 October 2017; common shares; ¥3,374 million; dividend per share: ¥15.0; record date: 30 September 2017; effective date: 5 December 2017」
The Company has disclosed the payment of an interim dividend of ¥15. No change in the profit distribution policy, which is linked to consolidated performance and targets a payout ratio of 35%, is indicated. - FY2018-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 31 October 2017, the Company resolved to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2017. ① Total dividends: ¥3,374 million ② Amount per share: ¥15.00」
The Company resolved to pay an interim dividend of ¥15. No change in the profit distribution policy, which targets a payout ratio of 35%, is indicated. - FY2017-Q3RestatedAnnual report
「Regarding the interim dividend for the 82nd fiscal year, from 1 April 2016 to 31 March 2017, the Board of Directors resolved at its meeting held on 31 October 2016 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2016. ① Total dividends: ¥2,745 million ② Amount per share: ¥12.00」
The resolution to pay an interim dividend of ¥12 is reiterated, but no change in the dividend policy itself is indicated. - FY2017-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 31 October 2016, the Company resolved to pay an interim dividend to shareholders recorded in the shareholder register as of 30 September 2016. ② Amount per share: ¥12.00」
Although no change in the profit distribution policy itself has been indicated, the Company resolved to pay an interim dividend of ¥12 for the current period. - FY2016First statedAnnual report
「Our basic policy is to maintain a stable payout ratio and distribute profits in line with consolidated results. Specifically, we distribute profits with a target payout ratio of 35% of net income attributable to owners of the parent.」
The Company has specified a target payout ratio as part of its shareholder return policy, balancing stability with linkage to consolidated performance.