Profit allocation based on a 50% payout ratio as a guideline
First written in FY2016. 7 of 38 entries say "Achieved", first in FY2018-Q3. Latest entry: FY2026.
51 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「Regarding shareholder returns, the company plans to determine the annual dividend within a DOE range of approximately 3% to 5%, targeting a consolidated payout ratio of 50%. In doing so, it will consider the cash flow position in each fiscal year, funds and profit levels generated from the balance sheet, investment plans, and the maintenance of a sound financial position, among other factors. The company also plans to actively acquire treasury shares using surplus funds to optimise its equity capital level.」
The target DOE was expanded from the previous range of approximately 3% to 4% to approximately 3% to 5%, and the company explicitly stated that it would actively acquire treasury shares to optimise its equity capital level. - FY2026-H1Approval of a ¥31 per share interim dividendAnnual report
「¥31 per common share Total: ¥9,824 million」
A resolution was passed regarding the interim dividend with a record date of 30 September 2025, at ¥31 per share, for a total of ¥9,824 million. - FY2025Proposal for an annual dividend of ¥62Annual report
「Based on the policy described above, the dividend of surplus for the current fiscal year is scheduled to be ¥62 per share, comprising an interim dividend of ¥31 and a year-end dividend of ¥31.」
The company plans to maintain its policy of targeting a consolidated payout ratio of approximately 50% and a DOE of approximately 3% to 4%, and to increase the annual dividend from ¥60 in the previous fiscal year to ¥62. - FY2025-H1Approval of a ¥31 per share interim dividendAnnual report
「¥31 per common share Total: ¥10,207 million」
A resolution was passed regarding the interim dividend with a record date of 30 September 2024, at ¥31 per share, for a total of ¥10,207 million. - FY2024Annual dividend of ¥60Annual report
「Based on the policy described above, dividends from surplus for the current fiscal year were set at ¥60 per share, including a ¥25 interim dividend and a ¥35 year-end dividend.」
Under a shareholder return policy targeting a consolidated payout ratio of approximately 50% and a DOE of approximately 3% to 4%, the annual dividend was increased from ¥48 in the previous fiscal year to ¥60. - FY2024-Q3AchievedAnnual report
「With respect to the interim dividend for the 86th fiscal year, from 1 April 2023 to 31 March 2024, the Board of Directors, at its meeting held on 9 November 2023, resolved to pay the interim dividend described below to shareholders recorded in the shareholder register as of 30 September 2023, and the dividend was paid. ¥25 per common share; total ¥8,564 million」
The interim dividend with a record date of 30 September 2023 was paid at ¥25 per share, for a total of ¥8,564 million. - FY2024-Q2Approval of a ¥25 interim dividendAnnual report
「¥25 per common share; total ¥8,564 million」
For the interim dividend with a record date of 30 September 2023, a payment of ¥25 per share, for a total of ¥8,564 million, was approved for 5 December 2023. No change is stated in the shareholder return policy presented for FY2023, including the target consolidated payout ratio of 50% and DOE of approximately 3% to 4%. - FY2024-Q1Payment of a ¥26 year-end dividendAnnual report
「Common shares; ¥9,039 million; ¥26.00; 31 March 2023; 29 June 2023」
For the year-end dividend with a record date of 31 March 2023, ¥26 per share was paid, for a total of ¥9,039 million. - FY2023RaisedAnnual report
「Regarding shareholder returns, the policy is to determine the annual dividend based on a consolidated payout ratio of 50% and a dividend on equity (DOE) ratio of approximately 3% to 4%, while also considering each fiscal year’s cash flow, funds generated from the balance sheet, earnings level, investment plans and the maintenance of financial soundness, and to continue making share repurchases using surplus funds on an ongoing and phased basis.」
In addition to the previous target payout ratio of 50%, the Company explicitly stated a DOE target of approximately 3% to 4% and share repurchases, thereby making its shareholder return policy more specific and expanding it. - FY2023-Q3AchievedAnnual report
「¥22 per common share; total ¥7,648 million」
For the interim dividend with a record date of 30 September 2022, ¥22 per share, for a total of ¥7,648 million, was paid on 6 December 2022. - FY2023-Q2Approval of a ¥22 interim dividendAnnual report
「¥22 per common share; total ¥7,648 million」
For the interim dividend with a record date of 30 September 2022, ¥22 per share was approved, for a total of ¥7,648 million. No change in the previous policy of targeting a payout ratio of approximately 50% is stated. - FY2023-Q1Payment of a ¥21 year-end dividendAnnual report
「Common shares; ¥7,300 million; ¥21.00; 31 March 2022; 29 June 2022」
For the year-end dividend with a record date of 31 March 2022, ¥21 per share was paid, for a total of ¥7,300 million. - FY2022SoftenedAnnual report
「Based on the policy described above, dividends from surplus for the current fiscal year were set at ¥38 per share, including a ¥17 interim dividend and a ¥21 year-end dividend.」
Although the policy of paying dividends continues, the dividend policy in this filing does not restate the previous target of a payout ratio of approximately 50%. The annual dividend increased from ¥30 to ¥38. - FY2022-Q3AchievedAnnual report
「With respect to the interim dividend for the 84th fiscal year, from 1 April 2021 to 31 March 2022, the Board of Directors, at its meeting held on 11 November 2021, resolved to pay the interim dividend described below to shareholders recorded in the shareholder register as of 30 September 2021, and the dividend was paid. ¥17 per common share; total ¥5,910 million」
For the interim dividend with a record date of 30 September 2021, ¥17 per share was paid, for a total of ¥5,910 million. No change in the basic policy of targeting a payout ratio of approximately 50% is stated. - FY2022-Q2Resolution to pay an interim dividend of ¥17Annual report
「¥17 per common share; total ¥5,910 million」
For the interim dividend with a record date of 30 September 2021, ¥17 per share was approved, for a total of ¥5,910 million. - FY2022-Q1Payment of a ¥15 year-end dividendAnnual report
「Common shares; ¥5,214 million; ¥15.00; 31 March 2021; 28 June 2021」
For the year-end dividend with a record date of 31 March 2021, ¥15 per share was paid, for a total of ¥5,214 million. No change in the basic policy of targeting a payout ratio of approximately 50% is stated. - FY2021Reduction of the annual dividend to ¥30Annual report
「The basic policy for dividends from surplus is to continue making appropriate profit distributions while strengthening retained earnings in preparation for future business development, with dividends paid steadily based on a target payout ratio of approximately 50%.」
While maintaining the basic policy of targeting a payout ratio of approximately 50%, the annual dividend for the current fiscal year decreased from ¥48 in the previous fiscal year to ¥30, comprising an interim dividend of ¥15 and a year-end dividend of ¥15. - FY2021-Q3AchievedAnnual report
「With respect to the interim dividend for the 83rd fiscal year, from 1 April 2020 to 31 March 2021, the Board of Directors, at its meeting held on 11 November 2020, resolved to pay the interim dividend described below to shareholders recorded in the shareholder register as of 30 September 2020, and the dividend was paid.」
The interim dividend approved in the previous quarter was paid at ¥15 per share, for a total of ¥5,214 million. - FY2021-Q2Resolution on the ¥15 interim dividendAnnual report
「¥15 per common share; total ¥5,214 million」
For the interim dividend with a record date of 30 September 2020, ¥15 per share was approved, for a total of ¥5,214 million. This filing does not state any change in the dividend policy. - FY2021-Q1Payment of a ¥24 year-end dividendAnnual report
「Common shares; ¥8,343 million; ¥24.00; 31 March 2020; 26 June 2020」
For the year-end dividend with a record date of 31 March 2020, ¥24 per share was paid, for a total of ¥8,343 million. No change in the basic policy of targeting a payout ratio of approximately 50% is stated. - FY2020Annual dividend of ¥48Annual report
「Based on the policy described above, dividends from surplus for the current fiscal year were set at ¥48 per share, including a ¥24 interim dividend and a ¥24 year-end dividend.」
The basic policy of targeting a payout ratio of approximately 50% was maintained, and the annual dividend was increased from ¥46 to ¥48. - FY2020-Q3AchievedAnnual report
「With respect to the interim dividend for the 82nd fiscal year, from 1 April 2019 to 31 March 2020, the Board of Directors, at its meeting held on 7 November 2019, resolved to pay the interim dividend described below to shareholders recorded in the shareholder register as of 30 September 2019, and the dividend was paid.」
The interim dividend approved in the previous quarter was paid at ¥24 per share, for a total of ¥8,558 million. - FY2020-Q2Approval of a ¥24 per share interim dividendAnnual report
「¥24 per common share; total ¥8,558 million」
No change in the basic policy of targeting a payout ratio of approximately 50% is stated. An interim dividend with a record date of 30 September 2019 was approved at ¥24 per share, for a total of ¥8,558 million. - FY2020-Q1Payment of a ¥25 year-end dividendAnnual report
「26 June 2019; Annual General Meeting of Shareholders; common shares; ¥8,915 million; ¥25.00; 31 March 2019; 27 June 2019」
For the year-end dividend with a record date of 31 March 2019, ¥25 per share was paid, for a total of ¥8,915 million. - FY2019Annual dividend of ¥46, including a ¥25 year-end dividendAnnual report
「Based on the policy described above, dividends from surplus for the current fiscal year were set at ¥46 per share, including a ¥21 interim dividend and a ¥25 year-end dividend.」
The basic policy of targeting a payout ratio of approximately 50% was maintained, and the annual dividend was increased from ¥42 to ¥46. - FY2019-Q3AchievedAnnual report
「¥21 per common share; total ¥7,681 million」
For the interim dividend with a record date of 30 September 2018, ¥21 per share was paid, for a total of ¥7,681 million. - FY2019-Q2Resolution on a ¥21 interim dividendAnnual report
「¥21 per common share; total ¥7,681 million」
An interim dividend with a record date of 30 September 2018 was approved at ¥21 per share, for a total of ¥7,681 million. No change in the policy of targeting a payout ratio of 50% is stated. - FY2019-Q1Payment of a ¥22 year-end dividendAnnual report
「27 June 2018; Annual General Meeting of Shareholders; common shares; ¥8,047 million; ¥22.00; 31 March 2018; 28 June 2018」
For the year-end dividend with a record date of 31 March 2018, ¥22 per share was approved and paid, for a total of ¥8,047 million. No change in the policy of targeting a payout ratio of 50% is stated. - FY2018Annual dividend of ¥42, including a ¥22 year-end dividendAnnual report
「Based on the policy described above, dividends from surplus for the current fiscal year were set, as in the previous fiscal year, at ¥42 per share, including a ¥20 interim dividend and a ¥22 year-end dividend.」
The basic policy of targeting a payout ratio of approximately 50% was maintained, and an annual dividend of ¥42 was paid. - FY2018-Q3AchievedAnnual report
「With respect to the interim dividend for the 80th fiscal year, from 1 April 2017 to 31 March 2018, the Board of Directors, at its meeting held on 14 November 2017, resolved to pay the interim dividend described below to shareholders recorded in the shareholder register as of 30 September 2017, and the dividend was paid. ¥20 per common share; total ¥7,316 million」
The interim dividend approved in the previous quarter was paid at ¥20 per share, for a total of ¥7,316 million. - FY2018-Q2Resolution on an interim dividend of ¥20Annual report
「¥20 per common share; total ¥7,316 million」
An interim dividend with a record date of 30 September 2017 was approved at ¥20 per share, for a total of ¥7,316 million. No change in the dividend policy is stated. - FY2018-Q1Payment of a ¥18 year-end dividendAnnual report
「28 June 2017; Annual General Meeting of Shareholders; common shares; ¥6,581 million; ¥18; 31 March 2017; 29 June 2017; retained earnings」
For the year-end dividend with a record date of 31 March 2017, ¥18 per share was paid. No change in the dividend policy is stated. - FY2017Annual dividend of ¥42, including the commemorative dividendAnnual report
「Based on the policy described above, dividends from surplus for the current fiscal year were set at ¥42 per share, an increase of ¥6 per share from the previous fiscal year, including the ¥24 interim dividend and ¥18 year-end dividend and the ¥6 70th anniversary commemorative dividend paid with the interim dividend.」
The basic policy of targeting a payout ratio of approximately 50% was maintained, and an annual dividend of ¥42, including the ¥6 70th anniversary commemorative dividend, was paid. - FY2017-Q2Interim dividend, including a commemorative dividendAnnual report
「¥24 per common share (including a ¥18 regular dividend and a ¥6 70th anniversary commemorative dividend); total ¥8,769 million」
No change in the dividend policy is stated, but an interim dividend of ¥24 per share, including a ¥6 70th anniversary commemorative dividend, has been approved. - FY2016First statedAnnual report
「While seeking to maintain retained earnings in preparation for future business development, the Company’s basic policy on shareholder returns is to continue making appropriate profit distributions, with dividends from surplus generally determined based on a target payout ratio of 50%.」
The Company balances retained earnings with ongoing profit distributions and targets a payout ratio of 50%. The annual dividend for the current fiscal year is ¥36 per share.