Shareholder Returns Balancing Retained Earnings and Stable Dividends
First written in FY2016. 12 of 35 entries say "Restated". Latest entry: FY2026.
- FY2026Annual dividend increased to ¥81Annual report
「With respect to the appropriation of surplus for the fiscal year ending March 2026, although the company temporarily experienced lower sales and lower profit because the fiscal year falls between large water treatment equipment projects, its medium-term management plan (TTT-26) sets continuing stable shareholder returns alongside sustained growth in corporate value as a basic policy. In order to provide shareholder returns based on the outlook for medium- to long-term growth, the annual dividend is scheduled to be ¥81 per share, comprising an interim dividend of ¥20 and a year-end dividend of ¥61.」
The annual dividend is scheduled to increase from ¥80 in the previous fiscal year to ¥81, indicating a policy of continuing stable shareholder returns even during a period of lower sales and lower profit. - FY2026-H1RestatedAnnual report
「At a meeting of the Board of Directors held on 14 November 2025, the following resolution was passed concerning the interim dividend for the current fiscal year. (a) Total dividends……………………………………¥761.343 million (b) Dividend per share………………………………¥20.00」
The interim dividend for the current fiscal year was approved at ¥20 per share, maintaining the same dividend level as in the previous interim period. - FY2025RaisedAnnual report
「With respect to the appropriation of surplus for the fiscal year ending March 2025, we decided, after comprehensively considering business performance, financial position and other factors, to pay an annual dividend of ¥80 per share, comprising an interim dividend of ¥20 and a year-end dividend of ¥60.」
The annual dividend was ¥80 per share on a post-stock-split basis, exceeding the ¥62.5 equivalent of the previous fiscal year's annual dividend of ¥250 after the split. The effective dividend level increased under the stable dividend policy. - FY2025-H1RaisedAnnual report
「(b) Dividend per share………………………………¥20.00」
The interim dividend was approved at ¥20 per share on a post-stock-split basis. The previous interim dividend of ¥60 was the actual amount before the stock split and is equivalent to ¥15 after the split, meaning that the interim dividend level effectively increased. - FY2024RaisedAnnual report
「Our basic policy is to pursue balanced cash allocation, with a target payout ratio of 30%, while maintaining a sound financial base and continuing stable shareholder returns alongside sustained growth in corporate value.」
In addition to the previous policy of maintaining internal reserves and stable dividends, the company specified a 30% dividend payout ratio and a policy of balanced cash allocation. The annual dividend for the fiscal year ended March 2024 was ¥250 per share. - FY2024-Q3AdvancedAnnual report
「14 November 2023 Board of Directors Common shares 560,737 60 30 September 2023 8 December 2023 Retained earnings」
The ¥60-per-share interim dividend for the current fiscal year was paid on 8 December 2023. The increase from the previous interim dividend of ¥40 per share proceeded to implementation. - FY2024-Q2RaisedAnnual report
「At a meeting of the Board of Directors held on 14 November 2023, the following resolution was passed concerning the interim dividend for the current fiscal year. (a) Total dividends……………………………………¥560.737 million (b) Dividend per share………………………………¥60.00」
The interim dividend for the current fiscal year was set at ¥60 per share, an increase from ¥40 per share in the previous interim period. Dividend levels have continued to rise under the policy of balancing internal reserves with stable dividends. - FY2024-Q1AdvancedAnnual report
「22 June 2023 Annual General Meeting of Shareholders Common shares 1,023,561 110 31 March 2023 23 June 2023 Retained earnings」
With respect to the year-end dividend for the fiscal year ended March 2023, the ¥110-per-share payment was made on 23 June 2023. The implementation of the year-end portion of the annual dividend of ¥150 stated in the previous filing was confirmed. - FY2023RaisedAnnual report
「With respect to the appropriation of surplus for the fiscal year ended March 2023, we decided, after comprehensively considering business performance, future business development and other factors, to pay an annual dividend of ¥150 per share, comprising an interim dividend of ¥40 and a year-end dividend of ¥110.」
The annual dividend increased from ¥95 in the previous fiscal year to ¥150, with an interim dividend of ¥40 and a year-end dividend of ¥110. - FY2023-Q3AdvancedAnnual report
「14 November 2022 Board of Directors Common shares 370,405 40 30 September 2022 9 December 2022 Retained earnings」
With respect to the interim dividend for which 30 September 2022 was the record date, the ¥40-per-share payment was made on 9 December 2022. The increase from the previous interim dividend of ¥30 per share proceeded to implementation. - FY2023-Q2RaisedAnnual report
「At a meeting of the Board of Directors held on 14 November 2022, the following resolution was passed concerning the interim dividend for the current fiscal year. (a) Total dividends……………………………………¥370.405 million (b) Dividend per share………………………………¥40.00」
The interim dividend was set at ¥40 per share, an increase from ¥30 per share in the previous interim period. - FY2023-Q1RestatedAnnual report
「23 June 2022 Annual General Meeting of Shareholders Common shares 598,463 65 31 March 2022 24 June 2022 Retained earnings」
The company paid a dividend of ¥65 per share for the fiscal year ended March 2022, reaffirming a dividend track record consistent with its stable dividend policy. - FY2022Annual dividend increased to ¥95Annual report
「With respect to the appropriation of surplus for the fiscal year ended March 2022, we decided, after comprehensively considering business performance, future business development and other factors, to pay an annual dividend of ¥95 per share, comprising an interim dividend of ¥30, including a ¥10 commemorative dividend marking the designation of the issue as a First Section stock on the Tokyo Stock Exchange, and a year-end dividend of ¥65.」
Under the basic policy of balancing internal reserves with stable dividends, the annual dividend increased from ¥65 in the previous fiscal year to ¥95. - FY2022-Q3AdvancedAnnual report
「12 November 2021 Board of Directors Common shares 276,215 30 30 September 2021 9 December 2021 Retained earnings」
The ¥30-per-share interim dividend approved in the second-quarter report was paid on 9 December 2021. This added a concrete example of the implementation of the stable dividend policy. - FY2022-Q2Interim dividend of ¥30 per share approvedAnnual report
「At a meeting of the Board of Directors held on 12 November 2021, the following resolution was passed concerning the interim dividend for the current fiscal year. (a) Total dividends……………………………………¥276.215 million (b) Dividend per share………………………………¥30.00 (regular dividend ¥20.00 and commemorative dividend ¥10.00)」
Under the stable dividend policy, an interim dividend of ¥30 per share was approved for the current fiscal year, comprising a regular dividend of ¥20 and a commemorative dividend of ¥10. - FY2021Dividend per share increased to ¥65Annual report
「With respect to the appropriation of surplus for the fiscal year ended March 2021, we decided to pay a dividend of ¥65 per share, comprising a regular dividend of ¥55 and a ¥10 commemorative dividend marking the change of listing market, after comprehensively considering business performance, future business development and other factors.」
While continuing the basic policy of maintaining internal reserves and stable dividends, the dividend was increased from ¥33 per share in the previous fiscal year to ¥65 per share. - FY2021-Q1RestatedAnnual report
「23 June 2020 Annual General Meeting of Shareholders Common shares 302,877 33 31 March 2020 24 June 2020 Retained earnings」
The company paid the ¥33-per-share dividend approved for the fiscal year ended March 2020, demonstrating a dividend track record consistent with its policy of balancing internal reserves with stable dividends. - FY2020Dividend per share increased to ¥33Annual report
「With respect to the appropriation of surplus for the fiscal year ended March 2020, we decided to pay a dividend of ¥33 per share after comprehensively considering business performance, future business development and other factors.」
While continuing the basic policy of balancing internal reserves with stable dividends, the dividend was increased from ¥30 per share in the previous fiscal year to ¥33 per share. - FY2020-Q3RestatedAnnual report
「20 June 2019 Annual General Meeting of Shareholders Common shares 273,523 30 31 March 2019 21 June 2019 Retained earnings」
The company paid the ¥30-per-share dividend approved for the fiscal year ended March 2019, demonstrating a dividend track record consistent with its stable dividend policy. - FY2020-Q2RestatedAnnual report
「Dividend per share (yen) 30」
The company paid a total dividend of ¥30 per share for the fiscal year ended March 2019, comprising a ¥25 regular dividend and a ¥5 commemorative dividend, consistent with its policy of balancing internal reserves with stable dividends. - FY2019Dividend per share increased to ¥30, including commemorative dividendsAnnual report
「With respect to the appropriation of surplus for the fiscal year ended March 2019, we decided to pay a regular dividend of ¥25 per share, together with a ¥5-per-share commemorative dividend marking the 50th anniversary of the company's founding, after comprehensively considering business performance, future business development and other factors.」
While continuing the basic policy of balancing internal reserves with stable dividends, the company added a ¥5-per-share commemorative dividend for its 50th anniversary to the ¥25 regular dividend, bringing the total dividend to ¥30 per share. - FY2019-Q3RestatedAnnual report
「21 June 2018 Annual General Meeting of Shareholders Common shares ¥181.999 million Dividend per share (yen) 20 Record date 31 March 2018 Effective date 22 June 2018」
The company paid the ¥20-per-share dividend approved in the previous fiscal year, reaffirming a dividend track record consistent with its policy of balancing internal reserves with stable dividends. - FY2019-Q2RestatedAnnual report
「21 June 2018 Annual General Meeting of Shareholders Common shares ¥181.999 million Dividend per share (yen) 20 Record date 31 March 2018 Effective date 22 June 2018」
The company paid the ¥20-per-share dividend approved in the previous fiscal year, reaffirming a dividend track record consistent with its policy of balancing internal reserves with stable dividends. - FY2019-Q1RestatedAnnual report
「21 June 2018 Annual General Meeting of Shareholders Common shares ¥181.999 million Dividend per share (yen) 20 Record date 31 March 2018 Effective date 22 June 2018」
The company paid the ¥20-per-share dividend approved in the previous fiscal year, demonstrating a dividend track record consistent with its policy of balancing internal reserves with stable dividends. - FY2018Per-share dividend increased to ¥20Annual report
「With respect to the appropriation of surplus for the fiscal year ended March 2018, we decided to pay a dividend of ¥20 per share after comprehensively considering business performance, future business development and other factors.」
While continuing the basic policy of balancing internal reserves with stable dividends, the dividend was increased from ¥15 per share in the previous fiscal year to ¥20 per share. - FY2018-Q2RestatedAnnual report
「22 June 2017 Annual General Meeting of Shareholders Common shares ¥134.061 million Dividend per share (yen) 15 Record date 31 March 2017 Effective date 23 June 2017」
The company paid the ¥15-per-share dividend approved in the previous fiscal year, reiterating a dividend track record consistent with its stable dividend policy. - FY2018-Q1RestatedAnnual report
「22 June 2017 Annual General Meeting of Shareholders Common shares ¥134.061 million Dividend per share (yen) 15 Record date 31 March 2017 Effective date 23 June 2017」
The company paid the ¥15-per-share dividend approved in the previous fiscal year, demonstrating a dividend track record consistent with its stable dividend policy. - FY2017Dividend per share increased to ¥15Annual report
「With respect to the appropriation of surplus for the fiscal year ended March 2017, we decided to pay a dividend of ¥15 per share after comprehensively considering business performance, future business development and other factors.」
While maintaining the stable dividend policy, the dividend was increased from ¥3 per share in the previous fiscal year to ¥15 per share in the current fiscal year. - FY2017-Q3RestatedAnnual report
「23 June 2016 Annual General Meeting of Shareholders Common shares Dividend per share (yen) 3 Record date 31 March 2016 Effective date 24 June 2016」
The company reported a dividend of ¥3 per share, continuing a track record consistent with its stable dividend policy. - FY2017-Q1RestatedAnnual report
「23 June 2016 Annual General Meeting of Shareholders Common shares Dividend per share (yen) 3 Record date 31 March 2016 Effective date 24 June 2016」
A dividend of ¥3 per share was paid for the previous fiscal year, demonstrating a track record consistent with the stable dividend policy. - FY2016First statedAnnual report
「Our basic policy is to retain the internal reserves necessary to support future business development and strengthen our management foundation, while continuing to pay stable dividends from the standpoint of emphasizing shareholder interests.」
Internal reserves will be used to strengthen the financial position and improve earnings power and corporate value, while shareholder returns will be considered in line with profit levels. The dividend for the fiscal year is ¥3 per share.