Strengthening shareholder returns focused on debt repayment and a 30% dividend payout ratio
First written in FY2017. 5 of 8 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「Our basic policy on profit distribution remains to maintain a 30% dividend payout ratio linked to consolidated results. We will reduce interest-bearing debt, strengthen our equity base, reinforce our financial foundation and further enhance shareholder returns.」
The policy of maintaining a 30% dividend payout ratio, reducing interest-bearing debt, strengthening the equity base and enhancing shareholder returns continues. - 2026-05-15AdvancedDividends
「The Company’s basic policy is to provide an appropriate return of profits to shareholders while securing sufficient retained earnings necessary for future business expansion and strengthening its management base.」
Under a policy of balancing sufficient retained earnings with an appropriate return of profits, the Company demonstrated a specific return by increasing the dividend per share to ¥35. - FY2025RestatedAnnual report
「Our basic policy on profit distribution remains to set the dividend payout ratio at 30% linked to consolidated results. We will reduce interest-bearing debt, strengthen our equity base and enhance shareholder returns.」
The policy of maintaining a 30% dividend payout ratio, reducing interest-bearing debt, strengthening the equity base and enhancing shareholder returns continues. - FY2022RestatedAnnual report
「Our basic policy on profit distribution is to set the dividend payout ratio at 30% linked to consolidated results. We will reduce interest-bearing debt, strengthen our equity base and enhance shareholder returns.」
The financial and shareholder-return policy of maintaining a 30% dividend payout ratio, reducing interest-bearing debt and strengthening the equity base continues. - FY2021SoftenedAnnual report
「Our basic policy is to set the dividend payout ratio at 30% linked to consolidated results. We will reduce interest-bearing debt, strengthen our equity base and enhance shareholder returns. As stated in the notice dated 9 November 2020 concerning the abolition of the shareholder benefit program, the program was discontinued after the benefits sent in December 2020.」
The policy of maintaining a 30% dividend payout ratio, reducing interest-bearing debt and strengthening the equity base continues, while the shareholder benefit program was discontinued after the benefits sent in December 2020. - FY2020RestatedAnnual report
「While repaying borrowings and strengthening our equity base, we will enhance shareholder returns. Our basic policy on profit distribution is to set the dividend payout ratio at 30% linked to consolidated results, while taking into account the outlook for future earnings growth. The shareholder benefit program will also continue.」
The company reconfirmed its financial and shareholder-return policy of repaying borrowings, strengthening its equity base, maintaining a 30% dividend payout ratio and continuing shareholder benefits. - FY2018RestatedAnnual report
「While repaying borrowings and strengthening our equity base, we will enhance shareholder returns. Our basic policy on profit distribution is to target a 30% dividend payout ratio linked to consolidated results.」
The financial and shareholder-return policy combining debt repayment, a stronger equity base, a 30% dividend payout ratio, shareholder benefits and treasury-share repurchases continues. - FY2017First statedAnnual report
「While repaying borrowings and strengthening our equity base, we will enhance shareholder returns. Our basic policy on profit distribution is to target a dividend payout ratio of 30% linked to consolidated results. In addition to introducing a shareholder benefit program in fiscal 2015, we will flexibly repurchase treasury shares to return profits to shareholders by improving capital efficiency.」
The company has for the first time presented in a consolidated form its financial strengthening and shareholder-return measures, combining debt repayment, a stronger equity base, a 30% dividend payout ratio, shareholder benefits and treasury-share repurchases.