Profit Distribution Targeting a Total Payout Ratio of 30% for the Fiscal Year Ending March 2020
First written in FY2016. 13 of 22 entries say "Restated". Latest entry: 2026-08-07.
- 2026-08-07RestatedFinancial results presentation materials
「While aiming to enhance corporate value through earnings growth, the company will continue its progressive dividend policy, which it has maintained to date.」
The company continued its progressive dividend policy and set the forecast dividend per share for the fiscal year ending March 2027 at ¥44, unchanged from the previous fiscal year’s actual dividend. - FY2026RestatedAnnual report
「Specifically, the company has adopted progressive dividends, increasing dividends in line with medium- to long-term profit growth, and a total payout ratio of at least 30%.」
The company maintained its shareholder-return policy of progressive dividends and a total payout ratio of at least 30%. The total payout ratio for the current period was 43.9%, and the dividend per share was ¥44. - FY2026-H1RestatedAnnual report
「21 June 2025 Annual General Meeting of Shareholders Common shares 1,015 44 31 March 2025 23 June 2025」
For the fiscal year ended March 2025, the company paid total dividends of ¥1,015 million, or ¥44 per share. The dividend per share was at the same level as disclosed for the previous interim consolidated accounting period. - FY2025RestatedAnnual report
「Specifically, the company has adopted progressive dividends, increasing dividends in line with medium- to long-term profit growth, and a total payout ratio of at least 30%.」
The company maintained its shareholder-return policy of progressive dividends and a total payout ratio of at least 30%. The total payout ratio was 87.9% for the current period and is forecast at 65.1% for the fiscal year ending March 2026. - FY2024RaisedAnnual report
「Specifically, the company has adopted progressive dividends, increasing dividends in line with medium- to long-term profit growth, and a total payout ratio of at least 30%.」
The company explicitly changed its previous 30% total payout ratio target to a target of at least 30% and added a progressive dividend policy under which dividends will not be reduced, but will be maintained or increased. The total payout ratio was 36.4% for the current period, and is forecast at 61.7% for the fiscal year ending March 2025. - FY2024-Q1AdvancedAnnual report
「Common shares 1,009 44 31 March 2023 26 June 2023」
For the fiscal year ended March 2023, the company paid total dividends of ¥1,009 million, or ¥44 per share. This was an increase from ¥34 per share in the previous fiscal year. - FY2023-Q1AdvancedAnnual report
「21 June 2022 Annual General Meeting of Shareholders Common shares 776 34 31 March 2022 22 June 2022」
For the fiscal year ended March 2022, the company paid total dividends of ¥776 million, or ¥34 per share. This was an increase from ¥24 per share in the previous fiscal year. - FY2022-Q1AdvancedAnnual report
「Common shares 541 24 31 March 2021 23 June 2021」
For the fiscal year ended March 2021, the company paid total dividends of ¥541 million, or ¥24 per share. - FY2021ReframedAnnual report
「To secure investment for growth while enhancing shareholder returns, the company targets a total payout ratio (*) of 30% against the initial earnings forecast for each fiscal year.」
The wording was revised from the previous target, which applied through the fiscal year ending March 2020, to a target total payout ratio of 30% against the initial earnings forecast for each fiscal year. The total payout ratio for the current period was 22.9%. - FY2021-Q1AdvancedAnnual report
「Common shares 511 23 31 March 2020 24 June 2020 Retained earnings」
For the fiscal year ended March 2020, the company paid total dividends of ¥511 million, or ¥23 per share. The previously disclosed dividend for the fiscal year ended March 2019 was ¥400 million in total, or ¥18 per share. - FY2020-Q3AdvancedAnnual report
「The company had acquired 89,000 shares by the end of the third quarter of the current fiscal year.」
As a capital-return measure related to the 30% total payout ratio target, the company proceeded with the acquisition of treasury shares and had acquired 89,000 shares by the end of the third quarter of the current fiscal year. - FY2020-Q1RestatedAnnual report
「Common shares 400 18 31 March 2019 20 June 2019 Retained earnings」
For the fiscal year ended March 2019, the company paid total dividends of ¥400 million, or ¥18 per share. No change to the 30% total payout ratio target itself was disclosed. - FY2019-Q1RestatedAnnual report
「Common shares 398 18 31 March 2018 21 June 2018 Retained earnings」
For the fiscal year ended March 2018, the company paid total dividends of ¥398 million, or ¥18 per share. No change to the 30% total payout ratio target for 2020 was disclosed. - FY2018RestatedAnnual report
「Specifically, taking into account the performance and other factors for each fiscal year, the company will return profits to shareholders with a target total payout ratio (*) of 30% for 2020.」
The company maintained its 30% total payout ratio target for 2020. The dividend for the current period was ¥18 per share, and the forecast dividend for the next period was also ¥18 per share. - FY2018-Q2RestatedAnnual report
「Dividend payments: ¥257 million」
The company paid ¥257 million in dividends during the six-month period of the current fiscal year. No change to the 30% total payout ratio target for the fiscal year ending March 2020 was disclosed. - FY2017RestatedAnnual report
「Specifically, taking into account the performance and other factors for each fiscal year, the company will return profits to shareholders with a target total payout ratio (*) of 30% for 2020.」
The company maintained its 30% total payout ratio target and disclosed the acquisition of treasury shares for ¥317 million, dividend payments of ¥190 million and a year-end dividend of ¥257 million for the period. - FY2017-Q2AdvancedAnnual report
「Expenditure on the acquisition of treasury shares: ¥317 million」
As a capital-return measure related to the 30% total payout ratio target for the fiscal year ending March 2020, the company acquired 347,500 treasury shares pursuant to a resolution of the Board of Directors dated 19 August 2016, for ¥317 million. It also paid ¥190 million in dividends. - FY2016First statedAnnual report
「Specifically, taking into account the performance and other factors for each fiscal year, the company will return profits to shareholders with a target total payout ratio (*) of 30% for the fiscal year ending March 2020.」
The company has set a numerical target for the total payout ratio on the premise that it will balance this with retained earnings needed for future business development.