Balance between retained earnings and shareholder returns
First written in FY2016. 18 of 31 entries say "Restated". Latest entry: 2026-11-09.
- 2026-11-09RestatedDividends
「We regard the distribution of profits to our shareholders as an important management issue and, while pursuing the active return of profits to shareholders alongside the development and expansion of the Company, our basic policy is to return profits at the higher of a dividend payout ratio of 40% or a DOE of 1.5%. The interim dividend for the current fiscal year will be ¥35.00 per share, as forecast most recently.」
Reaffirms the shareholder-return policy of at least the higher of a 40% dividend payout ratio or a 1.5% DOE, and set the interim dividend at ¥35 per share in line with the most recent forecast. The annual dividend forecast of ¥91 was also maintained. - FY2026RaisedAnnual report
「The company regards the distribution of profits to shareholders as an important management issue and, with the aim of actively returning profits to shareholders as the company develops and expands, has adopted a basic policy of returning profits at a level of at least the higher of a dividend payout ratio of 40% or a dividend on equity (DOE) of 1.5%.」
The company specified a concrete return standard of at least the higher of a 40% dividend payout ratio or 1.5% DOE, replacing its previous policy of balancing retained earnings with appropriate shareholder returns. The annual dividend was ¥91. - FY2026-H1RestatedAnnual report
「12 May 2025 Board of Directors Common shares 226,731 70.00 31 March 2025 9 June 2025 Retained earnings」
It reconfirms that a year-end dividend of ¥70 per share was paid for the fiscal year ended March 2025. In addition, an interim dividend of ¥35 per share, with 30 September 2025 as the record date, was approved. - FY2025RaisedAnnual report
「The year-end dividend for the current fiscal year was set at ¥70 per share by resolution of the Board of Directors meeting held on 12 May 2025, after comprehensively considering the policy described above and the results for the current fiscal year.」
The company maintains its policy of making appropriate shareholder returns while maintaining a balance with retained earnings, and has increased the dividend per share from ¥60 in the previous fiscal year to ¥70. - FY2025-H1RestatedAnnual report
「Board of Directors meeting held on 13 May 2024 Common shares 194,103 60.00 31 March 2024 7 June 2024 Retained earnings」
It states that the ¥60 per share dividend for the fiscal year ended March 2024 was paid on 7 June 2024, reconfirming the previous fiscal year's dividend level. - FY2024RaisedAnnual report
「The year-end dividend for the current fiscal year was set at ¥60 per share by resolution of the Board of Directors meeting held on 13 May 2024, after comprehensively considering the policy described above and the results for the current fiscal year.」
The company maintains its policy of making appropriate shareholder returns while maintaining a balance with retained earnings, and has increased the dividend per share from ¥50 in the previous fiscal year to ¥60. - FY2024-Q3RestatedAnnual report
「15 May 2023 Board of Directors Common shares 161,465 50.00 31 March 2023 9 June 2023 Retained earnings」
It reconfirms that the ¥50 per share dividend for the fiscal year ended March 2023 was paid on 9 June 2023 as the dividend payment amount for the nine-month period. - FY2024-Q1RestatedAnnual report
「Board of Directors meeting held on 15 May 2023 Common shares 161,465 50.00 31 March 2023 9 June 2023 Retained earnings」
It states that the ¥50-per-share dividend for the fiscal year ended March 2023 was paid on 9 June 2023. - FY2023RaisedAnnual report
「After comprehensively considering the policy described above and the results for the fiscal year, the Board of Directors resolved at its meeting held on 15 May 2023 to set the year-end dividend for the fiscal year at ¥50 per share.」
It maintained its policy of providing appropriate returns while balancing them with retained earnings, and increased the dividend from ¥40 per share in the previous fiscal year to ¥50. - FY2023-Q3RestatedAnnual report
「13 May 2022 Board of Directors Common shares 128,944 40.00 31 March 2022 9 June 2022 Retained earnings」
It reconfirms that the ¥40-per-share dividend for the fiscal year ended March 2022 was paid on 9 June 2022 as the dividend paid during the cumulative third-quarter period. - FY2023-Q2RestatedAnnual report
「13 May 2022 Board of Directors Common shares 128,944 40.00 31 March 2022 9 June 2022 Retained earnings」
It reconfirms that the ¥40-per-share dividend for the fiscal year ended March 2022 was paid on 9 June 2022. - FY2023-Q1RestatedAnnual report
「Board of Directors meeting held on 13 May 2022 Common shares 128,944 40.00 31 March 2022 9 June 2022 Retained earnings」
It states that the ¥40-per-share dividend for the fiscal year ended March 2022 was paid on 9 June 2022, reconfirming the ¥40 regular dividend disclosed in the previous filing. - FY2022RaisedAnnual report
「After comprehensively considering the policy described above and the results for the fiscal year, the Board of Directors resolved at its meeting held on 13 May 2022 to set the year-end dividend for the fiscal year at ¥40 per share.」
It maintained its policy of providing appropriate returns while balancing them with retained earnings, and the regular dividend increased from ¥35 per share in the previous fiscal year to ¥40. - FY2021SoftenedAnnual report
「After comprehensively considering the policy described above and the results for the fiscal year, the Board of Directors resolved at its meeting held on 14 May 2021 to set the year-end dividend for the fiscal year at ¥35 per share.」
It continued its policy of providing appropriate returns while maintaining a balance with retained earnings, but the regular dividend decreased from ¥60 per share in the previous fiscal year to ¥35. - FY2021-Q2RestatedAnnual report
「Board of Directors meeting held on 18 May 2020 Common shares 193,174 60.00 31 March 2020 9 June 2020 Retained earnings」
It reconfirms that the ¥60-per-share dividend for the fiscal year ended March 2020 was paid on 9 June 2020 as the dividend paid during the cumulative second-quarter period. - FY2021-Q1RestatedAnnual report
「Board of Directors meeting held on 18 May 2020 Common shares 193,174 60.00 31 March 2020 9 June 2020 Retained earnings」
It states that the ¥60-per-share dividend for the fiscal year ended March 2020 was paid on 9 June 2020. - FY2020RaisedAnnual report
「After comprehensively considering the policy described above and the results for the fiscal year, the Board of Directors resolved at its meeting held on 18 May 2020 to set the year-end dividend for the fiscal year at ¥60 per share.」
While maintaining its policy of providing appropriate returns while balancing them with retained earnings, the regular dividend increased from ¥45 per share in the previous fiscal year to ¥60. - FY2020-Q3RestatedAnnual report
「14 May 2019 Board of Directors Common shares 144,532 45.00 31 March 2019 10 June 2019 Retained earnings」
It reconfirms that the ¥45-per-share regular dividend for the fiscal year ended March 2019 was paid on 10 June 2019 as the dividend paid during the cumulative third-quarter period. - FY2020-Q2RestatedAnnual report
「14 May 2019 Board of Directors Common shares 144,532 45.00 31 March 2019 10 June 2019 Retained earnings」
It reconfirms that the ¥45-per-share regular dividend for the fiscal year ended March 2019 was paid on 10 June 2019 as the dividend paid during the cumulative second-quarter period. - FY2020-Q1RestatedAnnual report
「Board of Directors meeting held on 14 May 2019 Common shares 144,532 45.00 31 March 2019 10 June 2019 Retained earnings」
It states that the regular dividend for the fiscal year ended March 2019 was ¥45 per share and that payment began on 10 June 2019. - FY2019SoftenedAnnual report
「The Company has continued its basic policy of providing appropriate returns while maintaining a balance with retained earnings used to strengthen the corporate foundation and fund new business activities. …After comprehensively considering this policy and the results for the fiscal year, the Board of Directors resolved at its meeting held on 14 May 2019 to set the regular dividend at ¥45 per share.」
It continued its policy of maintaining a balance with retained earnings and providing appropriate returns, but the dividend decreased from ¥50 per share in the previous fiscal year, including the 100th-anniversary commemorative dividend, to a regular dividend of ¥45 per share in the current fiscal year. - FY2019-Q2RestatedAnnual report
「Board of Directors meeting held on 14 May 2018 Common shares 159,950 50.00 31 March 2018 11 June 2018 Retained earnings」
It reconfirms the payment of the ¥50-per-share dividend, including the commemorative dividend for the Company's 100th anniversary, as the dividend paid during the cumulative second-quarter period. - FY2019-Q1RestatedAnnual report
「Board of Directors meeting held on 14 May 2018 Common shares 159,950 50.00 31 March 2018 11 June 2018 Retained earnings」
It states that payment of the ¥50-per-share dividend, including the ¥15 commemorative dividend for the Company's 100th anniversary, began on 11 June 2018. - FY2018RaisedAnnual report
「After comprehensively considering the policy described above and the results for the fiscal year, the Board of Directors resolved at its meeting held on 14 May 2018 to set the dividend at ¥50 per share, comprising a regular dividend of ¥35 and a ¥15 commemorative dividend for the Company's 100th anniversary.」
While maintaining its policy of balancing dividends with retained earnings, it added a ¥15 commemorative dividend for the Company's 100th anniversary, bringing the dividend to ¥50 per share. The regular dividend after the share consolidation was ¥35. - FY2018-Q2RestatedAnnual report
「12 May 2017 Board of Directors Common shares 111,971 7.00 31 March 2017 12 June 2017 Retained earnings」
It paid a dividend of ¥7 per share during the cumulative second-quarter period. - FY2018-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 12 May 2017, the company resolved to pay dividends from surplus as follows.」
It paid a dividend of ¥7 per share, maintaining shareholder returns at the same level as in the previous fiscal year. - FY2017RestatedAnnual report
「After comprehensively considering the policy described above and the results for the fiscal year, the Board of Directors resolved at its meeting held on 12 May 2017 to set the year-end dividend for the fiscal year at ¥7 per share, the same amount as in the previous fiscal year.」
Its basic policy is to balance retained earnings and shareholder returns, and the dividend for the fiscal year was ¥7 per share, unchanged from the previous fiscal year. - FY2016First statedAnnual report
「The Company regards profit allocation as an important management issue. Its basic policy is to provide shareholders with appropriate returns while maintaining a balance with retained earnings used to strengthen the corporate foundation and fund new business activities.」
Its basic policy is to balance retained earnings for strengthening the corporate foundation and developing new businesses with appropriate returns to shareholders. The dividend for the fiscal year was ¥7 per share, an increase of ¥2 from the previous fiscal year.