Stable, recurring dividends based on retained earnings and business investment
First written in FY2016. 31 of 35 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2026.
Kikukawa Enterprise moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
14 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「Our basic policy is to target a payout ratio of 40% for the time being and pay dividends in line with performance in 2 installments annually, consisting of an interim dividend and a year-end dividend. The decision-making bodies for these dividends are the General Meeting of Shareholders for the year-end dividend and the Board of Directors for the interim dividend. Based on the policy described above, an interim dividend of ¥20.00 per share has already been paid for the fiscal year, and we plan to pay an additional year-end dividend of ¥80.00 per share, for a total annual dividend of ¥100.00 per share, compared with ¥180.00 in the previous fiscal year. As a result, the payout ratio for the fiscal year is expected to be 37.2%.」
The company has maintained its 40% payout ratio target and policy of performance-linked dividends paid twice annually, but plans to reduce the annual dividend from ¥180 in the previous fiscal year to ¥100. The payout ratio is expected to be 37.2%, and the year-end dividend is subject to resolution by the General Meeting of Shareholders. - 2026-06-04SoftenedGeneral Meeting of Shareholders
「これにより中間配当金として１株につき20円をお支払いしておりますので、当期の年間配当金は１株につき100円となります。」
年間配当金100円を示しており、前年度の年間配当180円から減少している。 - FY2026-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 13 November 2025, we resolved the following with respect to the interim dividend for the fiscal year. (a) Total interim dividend……………………………………¥25.120 million (b) Dividend per share…………………………………………¥20.00 (c) Effective date of payment claim and payment commencement date…………………………1 December 2025」
With respect to the interim dividend with a record date of 30 September 2025, a resolution was passed providing for ¥20 per share, totaling ¥25.120 million, with 1 December 2025 as the effective date. - FY2025AdvancedAnnual report
「Our basic policy is to target a payout ratio of 40% for the time being and pay dividends in line with performance in 2 installments annually, consisting of an interim dividend and a year-end dividend. In addition, the year-end dividend is set at ¥125.00 per share, resulting in a total annual dividend of ¥180.00 per share, compared with ¥160.00 in the previous fiscal year. As a result, the payout ratio for the fiscal year was 29.3%.」
The company maintained its 40% payout ratio target and policy of performance-linked dividends paid twice annually, while increasing the annual dividend from ¥160 in the previous fiscal year to ¥180. - FY2025-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 12 November 2024, we resolved the following with respect to the interim dividend for the fiscal year. (a) Total interim dividend……………………………………¥68.918 million (b) Dividend per share…………………………………………¥55.00 (c) Effective date of payment claim and payment commencement date…………………………2 December 2024」
For the interim dividend with a record date of 30 September 2024, the company resolved to pay ¥55 per share, totaling ¥68.918 million. - FY2024AdvancedAnnual report
「Our basic policy is to target a payout ratio of 40% for the time being and pay dividends in line with performance in 2 installments annually, consisting of an interim dividend and a year-end dividend. In addition, the year-end dividend is set at ¥125.00 per share, resulting in a total annual dividend of ¥160.00 per share, compared with ¥125.00 in the previous fiscal year. As a result, the payout ratio for the fiscal year was 31.2%.」
The company maintained its 40% payout ratio target and policy of performance-linked dividends paid twice annually, while increasing the annual dividend from ¥125 in the previous fiscal year to ¥160. The actual payout ratio was 31.2%. - FY2024-Q3AdvancedAnnual report
「29 June 2023 Annual General Meeting of Shareholders Ordinary shares 112,214 90.00 31 March 2023 30 June 2023 Retained earnings 10 November 2023 Board of Directors Ordinary shares 43,750 35.00 30 September 2023 29 November 2023 Retained earnings」
The payment record is provided for the year-end dividend of ¥90 per share for the fiscal year ended March 2023 and the interim dividend of ¥35 per share with a record date of 30 September 2023. - FY2024-Q2AdvancedAnnual report
「10 November 2023 Board of Directors Ordinary shares 43,750 35.00 30 September 2023 29 November 2023 Retained earnings」
With respect to the interim dividend with a record date of 30 September 2023, a resolution was passed providing for total dividends of ¥43.750 million, or ¥35 per share, with 29 November 2023 as the effective date and payment commencement date. - FY2024-Q1AdvancedAnnual report
「29 June 2023 Annual General Meeting of Shareholders Ordinary shares 112,214 90.00 31 March 2023 30 June 2023 Retained earnings」
For the year-end dividend for the fiscal year ended March 2023, the company paid a dividend of ¥90 per share, totaling ¥112.214 million, on 30 June 2023. This confirms payment of the year-end dividend out of the ¥125 annual dividend. - FY2023AdvancedAnnual report
「We regard returning profits to shareholders as an important management priority. Our basic policy is to pay dividends in line with performance in 2 installments annually, consisting of an interim dividend and a year-end dividend, while taking into account retained earnings for future business development, making active capital and human-resource investments, and strengthening our financial position to withstand economic fluctuations, with a target payout ratio of 40% for the time being. As a result, the payout ratio for the fiscal year was 40.3%.」
Against a target payout ratio of 40%, the payout ratio for the fiscal year was 40.3%. The company paid an interim dividend of ¥35 and a year-end dividend of ¥90, for an annual dividend of ¥125. - FY2023-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 11 November 2022, the following interim dividend was approved.」
With respect to the interim dividend with a record date of 30 September 2022, a resolution was passed providing for total dividends of ¥44.148 million, or ¥35 per share, with 28 November 2022 as the effective date and payment commencement date. The annual dividend was disclosed as ¥125 per share. - FY2023-Q1AdvancedAnnual report
「29 June 2022 Annual General Meeting of Shareholders Ordinary shares 88,443 70.00 31 March 2022 30 June 2022 Retained earnings」
For the year-end dividend for the fiscal year ended March 2022, the company paid a dividend of ¥70 per share, totaling ¥88.443 million, on 30 June 2022. This confirms payment of the year-end dividend out of the ¥125 annual dividend. - FY2022AdvancedAnnual report
「Our basic policy is to target a payout ratio of 40% for the time being and pay dividends in line with performance in 2 installments annually, consisting of an interim dividend and a year-end dividend.」
The company maintained its target payout ratio of 40% for the time being and resolved to pay an interim dividend of ¥55 and a year-end dividend of ¥70, for an annual dividend of ¥125. The actual payout ratio was 45.9%. - FY2022-Q3AdvancedAnnual report
「29 June 2021 Annual General Meeting of Shareholders Ordinary shares 191,325 150.00 31 March 2021 30 June 2021 Retained earnings」
For the year-end dividend for the fiscal year ended March 2021, the company paid a dividend of ¥150 per share, totaling ¥191.325 million, on 30 June 2021. This confirms payment of the year-end dividend out of the ¥170 annual dividend. - FY2022-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 11 November 2021, we resolved the following with respect to the interim dividend for the fiscal year. (a) Total interim dividend……………………………………¥70.146 million (b) Dividend per share…………………………………………¥55.00 (c) Effective date of payment claim and payment commencement date…………………………29 November 2021」
For the interim dividend with a record date of 30 September 2021, the company resolved to pay ¥55 per share, totaling ¥70.146 million. - FY2021RaisedAnnual report
「Based on the policy described above, we resolved to pay an annual dividend of ¥170.00 per share for the fiscal year.」
The company set the annual dividend at ¥170 and newly stated that it would target a payout ratio of 40% for the time being. It also cited improving performance and securing shareholder returns through the enhancement and modernization of manufacturing facilities and the application of its proprietary technologies. - FY2021-Q3AdvancedAnnual report
「12 November 2020 Board of Directors Ordinary shares 25,510 20.00 30 September 2020 30 November 2020 Retained earnings」
The payment record confirms that the interim dividend with a record date of 30 September 2020, totaling ¥25.510 million or ¥20 per share, was paid on 30 November 2020. - FY2021-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 12 November 2020, the company resolved on the interim dividend for the current period as follows.」
With respect to the interim dividend with a record date of 30 September 2020, a resolution was passed providing for total dividends of ¥25.510 million, or ¥20 per share, with 1 December 2020 as the effective date and payment commencement date. - FY2021-Q1AdvancedAnnual report
「26 June 2020 Annual General Meeting of Shareholders Ordinary shares 76,530 60.00 31 March 2020 29 June 2020 Retained earnings」
For the year-end dividend for the fiscal year ended March 2020, the company paid a dividend of ¥60 per share, totaling ¥76.530 million, on 29 June 2020. This confirms the payment of the year-end dividend out of the ¥90 annual dividend. - FY2020AdvancedAnnual report
「Based on the policy described above, we resolved to pay an annual dividend of ¥90.00 per share for the fiscal year.」
Based on its stable dividend policy, the company set the annual dividend at ¥90. This consisted of an interim dividend of ¥30 and a year-end dividend of ¥60. - FY2020-Q3AdvancedAnnual report
「8 November 2019 Board of Directors Ordinary shares 38,267 30.00 30 September 2019 2 December 2019 Retained earnings」
The interim dividend with a record date of 30 September 2019, totaling ¥38.267 million or ¥30 per share, became effective on 2 December 2019. - FY2020-Q2AdvancedAnnual report
「8 November 2019 Board of Directors Ordinary shares 38,267 30.00 30 September 2019 2 December 2019 Retained earnings」
With respect to the interim dividend with a record date of 30 September 2019, a resolution was passed providing for total dividends of ¥38.267 million, or ¥30 per share, with 2 December 2019 as the effective date. - FY2020-Q1AdvancedAnnual report
「27 June 2019 Annual General Meeting of Shareholders Ordinary shares 178,583 140.00 31 March 2019 28 June 2019 Retained earnings」
For the year-end dividend for the fiscal year ended March 2019, the company paid ¥140 per share, totaling ¥178.583 million, on 28 June 2019. This confirms payment of the year-end dividend out of the previous year's ¥170 annual dividend. - FY2019AdvancedAnnual report
「Based on the policy described above, we resolved to pay an annual dividend of ¥170.00 per share for the fiscal year, consisting of a regular dividend of ¥100.00 per share plus a special dividend of ¥70.00 per share.」
On a post-share-consolidation basis, the company set the annual dividend at ¥170, comprising a regular dividend of ¥100 and a special dividend of ¥70. - FY2019-Q3AdvancedAnnual report
「9 November 2018 Board of Directors Ordinary shares 38,278 3.00 30 September 2018 3 December 2018 Retained earnings」
The interim dividend with a record date of 30 September 2018, totaling ¥38.278 million or ¥3 per share, became effective on 3 December 2018. - FY2019-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 9 November 2018, we resolved the following with respect to the interim dividend for the fiscal year. (a) Total interim dividend……………………………………¥38.278 million (b) Dividend per share…………………………………………¥3.00 (c) Effective date of payment claim and payment commencement date…………………………3 December 2018」
With respect to the interim dividend with a record date of 30 September 2018, a resolution was passed providing for total dividends of ¥38.278 million, or ¥3 per share, with 3 December 2018 as the effective date. - FY2019-Q1AdvancedAnnual report
「28 June 2018 Annual General Meeting of Shareholders Ordinary shares 51,840 4.00 31 March 2018 29 June 2018 Retained earnings」
For the year-end dividend for the fiscal year ended March 2018, the company paid ¥4 per share, totaling ¥51.840 million, on 29 June 2018. This confirms payment of the year-end dividend out of the ¥5 annual dividend. - FY2018AdvancedAnnual report
「Based on the policy described above, we resolved to pay an annual dividend of ¥5.00 per share for the fiscal year.」
Based on its stable dividend policy, the company set the annual dividend for the fiscal year ending March 2018 at ¥5. This consisted of an interim dividend of ¥1 and a year-end dividend of ¥4. - FY2018-Q3AdvancedAnnual report
「9 November 2017 Board of Directors Ordinary shares 12,960 1.00 30 September 2017 4 December 2017 Retained earnings」
The payment record for the interim dividend of ¥1 per share, totaling ¥12.960 million, shows that it became effective on 4 December 2017. - FY2018-Q2AdvancedAnnual report
「9 November 2017 Board of Directors Ordinary shares 12,960 1.00 30 September 2017 4 December 2017 Retained earnings」
With respect to the interim dividend with a record date of 30 September 2017, a resolution was passed providing for total dividends of ¥12.960 million, or ¥1 per share, with 4 December 2017 as the effective date. - FY2018-Q1AdvancedAnnual report
「29 June 2017 Annual General Meeting of Shareholders Ordinary shares 51,843 4.00 31 March 2017 30 June 2017 Retained earnings」
For the fiscal year ended March 2017, the company paid a dividend of ¥4 per share, totaling ¥51.843 million, on 30 June 2017. This represents the payment of the year-end dividend out of the ¥6 annual dividend resolved for the previous fiscal year. - FY2017AdvancedAnnual report
「Based on the policy described above, we resolved to pay an annual dividend of ¥6.00 per share for the fiscal year, consisting of a regular dividend of ¥5.00 per share plus a ¥1.00 per-share commemorative dividend marking the company's 120th anniversary.」
The annual dividend was set at ¥6, comprising a regular dividend of ¥5 and a ¥1 commemorative dividend marking the company's 120th anniversary. - FY2017-Q3AdvancedAnnual report
「(Resolution) Class of shares Total dividends (¥ thousand) Dividend per share (¥) Record date Effective date Source of dividend 11 November 2016 Board of Directors Ordinary shares 25,082 2.00 30 September 2016 5 December 2016 Retained earnings」
For the interim dividend, total dividends of ¥25.082 million, or ¥2 per share, were paid, with 5 December 2016 as the effective date. - FY2017-Q2AdvancedAnnual report
「At the Board of Directors meeting held on 11 November 2016, the company resolved as follows regarding the interim dividend for the fiscal year under review.」
With respect to the interim dividend, a resolution was passed providing for total dividends of ¥25.082 million, or ¥2.00 per share, with 5 December 2016 as the effective date and payment commencement date. - FY2016First statedAnnual report
「We regard returning profits to shareholders as an important management priority. Our basic policy is to pay stable, recurring dividends, while taking into account retained earnings for future business development and paying dividends in line with results.」
The company has outlined a dividend policy combining profit returns, retained earnings, and performance-linked dividends. The annual dividend for the fiscal year was ¥5.00 per share.