Stable Dividends and a Consolidated Dividend Payout Ratio of 30% or More
First written in FY2016. 13 of 29 entries say "Restated". Latest entry: FY2026.
- FY2026RaisedAnnual report
「Based on these policies, the year-end dividend for the current fiscal year was set at ¥22 per share. Combined with the interim dividend of ¥22 per share paid on 21 November 2025, the annual dividend is ¥44 per share. Under the Medium-Term Management Plan 2027 announced on 3 April 2024, the dividend for the next fiscal year is expected to be ¥45 for the year.」
Under the progressive dividend policy, the annual dividend increased from ¥43 to ¥44, and an annual dividend of ¥45 is planned for the next fiscal year. - FY2026-H1Increase in interim dividendAnnual report
「With respect to the interim dividend for the 56th fiscal year, from 21 March 2025 to 20 March 2026, the Company resolved at a meeting of the Board of Directors held on 20 October 2025 to pay an interim dividend as follows to shareholders recorded on the final shareholder register as of 20 September 2025: ① Total dividends: ¥439.411 million ② Dividend per share: ¥22.00」
The interim dividend increased to ¥22 per share, up ¥1 from ¥21 in the same period of the previous fiscal year. The amount paid under the progressive dividend policy was updated. - FY2025RaisedAnnual report
「Based on these policies, the year-end dividend for the current fiscal year was set at ¥22 per share. Combined with the interim dividend of ¥21 per share paid on 21 November 2024, the annual dividend is ¥43 per share. Under the Medium-Term Management Plan 2027 announced on 3 April 2024, covering the period from the 55th fiscal year ending March 2025 through the 57th fiscal year ending March 2027, the Company will, in addition to its existing policy on dividends from retained earnings, implement progressive dividends during the plan period, increasing the dividend per share in line with earnings growth while setting the previous fiscal year's dividend as the floor. The dividend for the next fiscal year is expected to be ¥44 for the year.」
The annual dividend was ¥43, and the planned dividend for the next fiscal year was increased to ¥44. The progressive dividend policy for the period of the Medium-Term Management Plan 2027 has also been maintained. - FY2025-H1Increase in interim dividendAnnual report
「With respect to the interim dividend for the 55th fiscal year, from 21 March 2024 to 20 March 2025, the Company resolved at a meeting of the Board of Directors held on 18 October 2024 to pay an interim dividend as follows to shareholders recorded on the final shareholder register as of 20 September 2024: ① Total dividends: ¥418.586 million ② Dividend per share: ¥21.00」
No change has been indicated in the policy of stable dividends and a consolidated payout ratio target of 40%, but the interim dividend was ¥21 per share. - FY2025-Q1Increase in the year-end dividendAnnual report
「At a meeting of the Board of Directors held on 2 May 2024, the Company resolved to pay a year-end dividend as follows to shareholders recorded on the final shareholder register as of 20 March 2024: ① Total dividends: ¥418.026 million ② Dividend per share: ¥21.00」
Under the stable dividend policy, the 40% consolidated payout ratio target and the progressive dividend policy, the year-end dividend was ¥21 per share. - FY2024RaisedAnnual report
「In addition to the existing policy, during the period covered by the “Medium-Term Management Plan 2027,” the Company will implement progressive dividends, increasing the per-share dividend in line with earnings growth while setting the previous fiscal year’s dividend as the floor. The Company plans to pay an annual dividend of ¥43 per share.」
In addition to the existing policy targeting a consolidated payout ratio of 40%, the Company newly established a progressive dividend policy for the period of the Medium-Term Management Plan 2027 and planned an annual dividend of ¥43 for the next fiscal year. - FY2024-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 20 October 2023, the Company resolved to pay an interim dividend as follows to shareholders recorded on the final shareholder register as of 20 September 2023: ① Total dividends: ¥398.120 million ② Dividend per share: ¥20.00」
The interim dividend was set at ¥20 per share, with no material change indicated in the policy of stable dividends and a consolidated payout ratio target of 40%. - FY2024-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 2 May 2023, the Company resolved to pay a year-end dividend as follows to shareholders recorded on the final shareholder register as of 20 March 2023: ① Total dividends: ¥397.544 million ② Dividend per share: ¥20.00」
In line with the policy of stable dividends and a consolidated payout ratio target of 40%, a year-end dividend of ¥20 per share was paid. - FY2022Increase in annual dividendsAnnual report
「The year-end dividend for the current fiscal year was set at ¥20 per share. Combined with the interim dividend of ¥20 per share paid on 24 November 2021, the annual dividend is ¥40 per share. The dividend for the next fiscal year is expected to be ¥40 for the year, taking into comprehensive consideration earnings and capital investment, among other factors.」
The stable dividend policy targeting a consolidated payout ratio of 40% has been maintained. The annual dividend increased to ¥40 from ¥38 in the previous fiscal year, and an annual dividend of ¥40 is planned for the next fiscal year. - FY2022-Q2Increase in interim dividendAnnual report
「At a meeting of the Board of Directors held on 20 October 2021, the company resolved to pay an interim dividend as follows to shareholders recorded on the final shareholder register as of 20 September 2021: ① Total dividends: ¥396,926 thousand ② Dividend per share: ¥20.00」
No change has been indicated in the policy of stable dividends and a consolidated payout ratio target of 40%, but the interim dividend increased to ¥20 from ¥19 in the previous fiscal year. - FY2022-Q1RestatedAnnual report
「① Total dividends: ¥376,600 thousand ② Dividend per share: ¥19.00」
The year-end dividend was ¥19 per share, with no change indicated in the stable-dividend policy targeting a consolidated payout ratio of 40%. - FY2021RestatedAnnual report
「The basic policy for dividends from surplus is to maintain stable dividends, and the company will pay dividends with a consolidated payout ratio of 40% as its target. Based on these policies, the year-end dividend for the fiscal year was set at ¥19 per share. Combined with the interim dividend of ¥19 per share already paid on 24 November 2020, the annual dividend was ¥38 per share.」
The stable-dividend policy targeting a consolidated payout ratio of 40% was maintained, and the annual dividend was ¥38 per share. - FY2021-Q2RestatedAnnual report
「Regarding the interim dividend for the 51st fiscal year (21 March 2020 to 20 March 2021), at a meeting of the Board of Directors held on 20 October 2020, the company resolved to pay an interim dividend as follows to shareholders recorded on the final shareholder register as of 20 September 2020: ① Total dividends: ¥366,984 thousand ② Dividend per share: ¥19.00」
No change was indicated in the stable-dividend policy targeting a consolidated payout ratio of 40%, and the interim dividend was set at ¥19 per share. - FY2020Increase in annual dividendsAnnual report
「Based on these policies, the year-end dividend for the fiscal year was set at ¥19 per share. Combined with the interim dividend of ¥19 per share already paid on 21 November 2019, the annual dividend was ¥38 per share.」
The stable-dividend policy targeting a consolidated payout ratio of 40% was maintained, and the annual dividend increased from ¥37 per share in the previous fiscal year to ¥38. - FY2020-Q2Increase in interim dividendAnnual report
「At a meeting of the Board of Directors held on 18 October 2019, the company resolved to pay an interim dividend as follows to shareholders recorded on the final shareholder register as of 20 September 2019. ① Total dividends: ¥376,730 thousand ② Dividend per share: ¥19.00」
No change was indicated in the stable-dividend policy or the policy targeting a consolidated payout ratio of 40%, while the interim dividend was ¥19 per share. - FY2019RaisedAnnual report
「Our basic policy for dividends from surplus is to maintain stable dividends, with a consolidated dividend payout ratio of 40% as the target.」
The target was raised from a consolidated dividend payout ratio of 30% or more to 40%. - FY2019-Q2RestatedAnnual report
「Regarding the interim dividend for the 49th fiscal year (21 March 2018 to 20 March 2019), at a meeting of the Board of Directors held on 19 October 2018, the company resolved to pay an interim dividend as follows to shareholders recorded on the final shareholder register as of 20 September 2018. ① Total dividends: ¥369,195 thousand ② Dividend per share: ¥18.00」
No change was indicated in the stable-dividend policy or the policy of using a consolidated payout ratio of at least 30% as a guideline, and the interim dividend was set at ¥18 per share. - FY2018Increase in annual dividendsAnnual report
「Based on these policies, the year-end dividend for the fiscal year was set at ¥19 per share. Combined with the interim dividend of ¥18 per share already paid on 21 November 2017, the annual dividend was ¥37 per share.」
The stable-dividend policy, based on a consolidated payout ratio of at least 30%, was maintained, while the annual dividend increased from ¥36 per share in the previous fiscal year to ¥37. - FY2018-Q3RestatedAnnual report
「Regarding the interim dividend for the 48th fiscal year (21 March 2017 to 20 March 2018), at a meeting of the Board of Directors held on 20 October 2017, the company resolved to pay an interim dividend as follows to shareholders recorded on the final shareholder register as of 20 September 2017: ① Total dividends: ¥369,195 thousand ② Dividend per share: ¥18.00」
No change was indicated in the stable-dividend policy or the policy of using a consolidated payout ratio of at least 30% as a guideline, and the interim dividend was set at ¥18 per share. - FY2018-Q2RestatedAnnual report
「Regarding the interim dividend for the 48th fiscal year (21 March 2017 to 20 March 2018), at a meeting of the Board of Directors held on 20 October 2017, the company resolved to pay an interim dividend as follows to shareholders recorded on the final shareholder register as of 20 September 2017: ① Total dividends: ¥369,195 thousand ② Dividend per share: ¥18.00」
No change was indicated in the stable-dividend policy or the policy of using a consolidated payout ratio of at least 30% as a guideline, and the interim dividend was set at ¥18 per share. - FY2018-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 2 May 2017, the company resolved to pay a year-end dividend as follows to shareholders recorded on the final shareholder register as of 20 March 2017: ① Total dividends: ¥369,195 thousand ② Dividend per share: ¥18.00」
A year-end dividend of ¥18 per share, unchanged from the previous fiscal year, was paid, with no material change indicated in the stable-dividend policy. - FY2017RestatedAnnual report
「The basic policy for dividends from surplus is to maintain stable dividends, and the company will pay dividends based on a consolidated payout ratio of at least 30%. Based on these policies, the year-end dividend for the fiscal year was set at ¥18 per share. Combined with the interim dividend of ¥18 per share already paid on 22 November 2016, the annual dividend was ¥36 per share.」
The stable-dividend policy, based on a consolidated payout ratio of at least 30%, was maintained, and the annual dividend was ¥36 per share. - FY2017-Q2RestatedAnnual report
「Regarding the interim dividend for the 47th fiscal year (21 March 2016 to 20 March 2017), at a meeting of the Board of Directors held on 20 October 2016, the company resolved to pay an interim dividend as follows to shareholders recorded on the final shareholder register as of 20 September 2016: ① Total dividends: ¥369,195 thousand ② Dividend per share: ¥18.00」
The interim dividend was set at ¥18 per share, with no material change indicated in the stable-dividend policy or the previous dividend level. - FY2017-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 2 May 2016, the company resolved to pay a year-end dividend as follows to shareholders recorded on the final shareholder register as of 20 March 2016: ① Total dividends: ¥369,195 thousand ② Dividend per share: ¥18」
No change in the stable-dividend policy was indicated, while a year-end dividend of ¥18 per share was paid. - FY2016First statedAnnual report
「Our basic policy for dividends from surplus is to maintain stable dividends, with a consolidated dividend payout ratio of 30% or more as a guideline.」
The Company’s basic policy is stable dividends, with a consolidated dividend payout ratio of at least 30% as a guideline.