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Tsurumi Manufacturing (6351) · PolicyRestated

Policy of providing stable dividends while securing funding for growth investments

First written in FY2018. 9 of 14 entries say "Restated". Latest entry: 2026-08-07.

14entries
9years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2018 – FY20192018: 120182019: 120192020: 120202021: 120212022: 120222023: 120232024: 220242025: 220252026: 42026
Same theme, other companies
Capital allocation policy balancing future investment and shareholder dividendsA theme 506 companies write about · 0 as a headwind · 508 as a tailwind
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Showing 14 of the 197 companies compared. The sentences above are computed from all 197.Comparing 200 of the theme's 510 threads.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-07RestatedEarnings

    「さらに、2026年3月に更新版を公表した「資本コストや株価を意識した経営の実現に向けた対応について」に記載のとおり、資本政策や成長戦略を確実に実行し、適時適切な株主還元、経営資源の配分を行う方針としております。」

    資本政策・成長戦略の実行、株主還元、経営資源配分を行う方針を再確認している。
  2. FY2026RestatedAnnual report

    「To enhance shareholder returns, we generally use consolidated profit or loss as the basis and, except in cases involving extraordinary profit or loss, aim for a consolidated dividend payout ratio of around 30%, while working to provide stable and continuous returns.」

    The Company continues its policy of a consolidated dividend payout ratio of around 30% and stable, continuous profit returns. The dividend payout ratio for the current fiscal year, before taking the stock split into account, was 27.0%.
  3. FY2026-H1RestatedAnnual report

    「As stated in the response to achieving management that is conscious of the cost of capital and share price, announced in March 2025, the Company plans to reliably execute its capital policies and growth strategies and make timely and appropriate shareholder returns and allocations of management resources.」

    The Company continues its policy of executing its capital policies and growth strategies, making timely and appropriate shareholder returns, and allocating management resources.
  4. FY2025SoftenedAnnual report

    「To enhance shareholder returns, we generally use consolidated profit or loss as the basis and, except in cases involving extraordinary profit or loss, aim for a consolidated dividend payout ratio of around 30%, while working to provide stable and continuous returns. Annual dividends per share for the consolidated fiscal year were ¥54, and the consolidated dividend payout ratio was 15.1%.」

    The wording changed from the previous fiscal year's target of a consolidated dividend payout ratio of at least 30% back to around 30% in the current fiscal year. The actual dividend payout ratio was 15.1%, and the annual dividend was ¥54.
  5. FY2024RestatedAnnual report

    「Annual dividends per share for the consolidated fiscal year were ¥50, and the consolidated dividend payout ratio was 14.8%.」

    The Company maintained its policy of a dividend payout ratio of around 30% and stable, continuous returns, and disclosed an annual dividend of ¥50 and the fiscal-year results.
  6. FY2024RaisedAnnual report

    「We aim for a consolidated dividend payout ratio of at least 30% for annual dividends per share and will work to achieve further profit growth and enhance shareholder returns.」

    The Company raised its wording from the previous policy of a consolidated dividend payout ratio of around 30% to a target of at least 30%.
  7. FY2023RestatedAnnual report

    「To enhance shareholder returns, we generally use consolidated profit or loss as the basis and, except in cases involving extraordinary profit or loss, aim for a consolidated dividend payout ratio of around 30%, while working to provide stable and continuous returns. Annual dividends per share for the consolidated fiscal year were ¥44, and the consolidated dividend payout ratio was 17.3%.」

    The Company maintained its policy of a consolidated dividend payout ratio of around 30% and stable, continuous returns, and disclosed an annual dividend of ¥44 and a consolidated dividend payout ratio of 17.3%.
  8. FY2022RaisedAnnual report

    「To enhance shareholder returns, we generally use consolidated profit or loss as the basis and, except in cases involving extraordinary profit or loss, aim for a consolidated dividend payout ratio of around 30%, while working to provide stable and continuous returns. Annual dividends per share for the consolidated fiscal year were ¥40, and the consolidated dividend payout ratio was 20.8%.」

    The Company raised its policy from the previous target of a consolidated dividend payout ratio of at least 20% to a guideline of around 30%. The annual dividend was ¥40, and the consolidated dividend payout ratio was 20.8%.
  9. FY2021RestatedAnnual report

    「To enhance shareholder returns, we generally use consolidated profit or loss as the basis and, except in cases involving extraordinary profit or loss, aim for a consolidated dividend payout ratio of at least 20%, while working to provide stable and continuous returns. Annual dividends per share for the consolidated fiscal year were ¥36, and the consolidated dividend payout ratio was 21.7%.」

    The Company continued its policy of a consolidated dividend payout ratio of at least 20% and stable, continuous returns. The annual dividend was ¥36, and the dividend payout ratio was 21.7%.
  10. FY2020ReframedAnnual report

    「To enhance shareholder returns, we generally use consolidated profit or loss as the basis and, except in cases involving extraordinary profit or loss, aim for a consolidated dividend payout ratio of at least 20%, while working to provide stable and continuous returns. Annual dividends per share for the consolidated fiscal year were ¥34, and the consolidated dividend payout ratio was 21.5%.」

    The Company added a consolidated dividend payout ratio of at least 20% to its existing stable dividend policy. The dividend payout ratio for the fiscal year was 21.5%, and the annual dividend was ¥34.
  11. FY2019RestatedAnnual report

    「Our basic policy on profit allocation is to pay stable dividends while securing cash flow for proactive business development from a long-term perspective. Retained earnings are planned to be used as funding for developing attractive new products capable of creating new markets, researching new equipment, and enhancing capital investment.」

    The Company continues its profit allocation policy of paying stable dividends while securing cash flow and retained earnings for growth investment.
  12. FY2018First statedAnnual report

    「Our basic policy on profit allocation is to pay stable dividends while securing cash flow for proactive business development from a long-term perspective.」

    The Company has stated a profit allocation policy of paying stable dividends while securing the cash flow needed for proactive business development.
Moved together

"Sluggish North American demand due to falling resource and crude oil prices" moved the same way as this thread, in the same document, in 3 of its 13 moves.

332222★123456
  1. ★This thread
  2. 1Sluggish North American demand due to falling resource and crude oil prices3×
  3. 2Decline in Chinese Demand for Pumps Due to China’s Economic Slowdown3×
  4. 3Uncertainty over the outlook due to the slowdown in the Chinese economy, weak crude oil prices, and geopolitical risks in Europe and the Middle East2×
  5. 4Impact of Sharp Exchange-Rate Fluctuations on Earnings2×
  6. 5Continued Research and Development Activities and ¥43 Million in Research and Development Expenses2×
  7. 6Payment of a dividend on common shares (¥12 per share)2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Tsurumi Manufacturing's next results are scheduled for 2026-11-12. Read the earnings preview It last moved in the Earnings of 2026-08-07: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Policy of providing stable dividends while securing funding for growth investments | TSURUMI MANUFACTURING CO.,LTD. (6351) | Komori