Policy of maintaining stable dividends while securing retained earnings
First written in FY2016-Q3. 8 of 15 entries say "Restated". Latest entry: 2026-10-05.
- FY2025ReframedAnnual report
「Our basic policy on dividends from retained earnings has changed, effective from the current fiscal year, to paying dividends twice a year, consisting of interim and year-end dividends.」
In addition to the previous policy of paying stable dividends while securing retained earnings, with a target dividend payout ratio of 20%, the policy has been changed to pay dividends twice a year. - FY2024RestatedAnnual report
「Our basic policy on profit allocation is to continue paying stable dividends while securing the retained earnings necessary for future business development and strengthening our financial position. Our basic policy is to pay dividends based on a target payout ratio of 20%.」
The policy of paying stable dividends while securing retained earnings, with a target dividend payout ratio of 20%, continues. - FY2023RestatedAnnual report
「Our basic policy on profit allocation is to continue paying stable dividends while securing the retained earnings necessary for future business development and strengthening our financial position. Our basic policy is to pay dividends based on a target payout ratio of 20%.」
The policy of paying stable dividends while securing retained earnings, with a target dividend payout ratio of 20%, continues. - FY2022RestatedAnnual report
「Our basic policy on profit allocation is to continue paying stable dividends while securing the retained earnings necessary for future business development and strengthening our financial position. Our basic policy is to pay dividends based on a target payout ratio of 20%.」
The policy of paying stable dividends while securing retained earnings, with a target dividend payout ratio of 20%, continues. - FY2021RaisedAnnual report
「Our basic policy on profit allocation is to continue paying stable dividends while securing the retained earnings necessary for future business development and strengthening our financial position. Our basic policy is to pay dividends based on a target payout ratio of 20%.」
The target dividend payout ratio was increased from 10% in the previous filing to 20%. - FY2020Dividend payout ratio target specifiedAnnual report
「Our basic policy is to pay dividends based on a target payout ratio of 10%.」
The previous policy of retaining funds while maintaining stable dividends was supplemented with a target dividend payout ratio of 10%. - FY2019RestatedAnnual report
「Our basic policy for returning profits to shareholders is to continue paying stable dividends while securing the retained earnings necessary for future business development and strengthening our management foundation, but the possibility and timing of future dividend payments have not been determined.」
The basic policy of seeking stable dividends while securing retained earnings continues. - FY2018RestatedAnnual report
「Our basic policy for returning profits to shareholders is to continue paying stable dividends while securing the retained earnings necessary for future business development and strengthening our management foundation, but the possibility and timing of future dividend payments have not been determined.」
The basic policy of seeking stable dividends while securing retained earnings continues. - FY2017RestatedAnnual report
「Our basic policy for returning profits to shareholders is to continue paying stable dividends while securing the retained earnings necessary for future business development and strengthening our management foundation, but the possibility and timing of future dividend payments have not been determined.」
The policy of seeking stable dividends while securing retained earnings continues. - FY2016RestatedAnnual report
「As we are still in the growth stage, we believe that the greatest return to shareholders is to increase retained earnings to stabilize our management foundation and further enhance corporate value through investments to expand the business and other measures.」
The policy of returning profits to shareholders, which prioritizes growth investment and stabilizing the management foundation, continues. - FY2016-Q3First statedAnnual report
「Our basic policy on profit allocation is to continue paying stable dividends while securing the retained earnings necessary for future business development and strengthening our financial position.」
The basic policy combines retained earnings for future business development and financial strengthening with stable dividends.