Balancing shareholder returns with future investment and strengthening the corporate structure
First written in FY2016. 7 of 38 entries say "Restated". Latest entry: 2026-08-10.
- FY2026AdvancedAnnual report
「The company plans to return approximately ¥10 billion in total over 3 years, targeting a total payout ratio of 70%.」
The policy of targeting a total payout ratio of 70% was translated into a specific plan to return approximately ¥10 billion in total over 3 years. For the fiscal year ending March 2026, the company expects an annual dividend of ¥72 per share and total shareholder returns of ¥3.3 billion. - FY2026-H1Interim dividend resolution updatedAnnual report
「At a Board of Directors meeting held on 6 November 2025, the following resolution was adopted concerning the interim dividend for the fiscal year.」
An interim dividend of ¥20 per share, totaling ¥560.673 million, was approved. - FY2025RaisedAnnual report
「While maintaining cash and deposits at an appropriate level and investing to restructure and grow the business portfolio, the company will also pursue shareholder returns targeting a total payout ratio of 70%.」
In addition to its existing policy of balancing ongoing dividends with future investment, the company established a specific shareholder return target of a 70% total payout ratio under its new medium-term management plan. - FY2025-H1Update to treasury share repurchase resolution and execution recordAnnual report
「Reason for the treasury share repurchase To return profits to shareholders and enable a flexible capital policy in response to changes in the business environment Total number of shares that may be acquired: 320,000 shares (maximum) Total acquisition cost: ¥700 million (maximum) Total number of shares acquired: 215,400 shares Total acquisition cost of acquired shares: ¥407.106 million」
To return profits to shareholders and enable a flexible capital policy, the company approved a treasury share repurchase of up to 320,000 shares and ¥700 million, and acquired 215,400 shares for ¥407.106 million. The interim dividend was ¥20 per share. - FY2024Update to annual dividend increase and treasury share repurchase recordAnnual report
「Based on the policy described above, the company will pay a dividend of ¥57 per share for the fiscal year, including an interim dividend of ¥20.」
The annual dividend increased to ¥57 per share from ¥45 in the previous fiscal year. The company also repurchased 314,000 treasury shares for ¥699.860 million based on a resolution of the Board of Directors. - FY2024-Q3Interim dividend resolution updatedAnnual report
「At the Board of Directors meeting held on 6 November 2023, the following resolution was passed concerning the interim dividend for the current fiscal year.」
An interim dividend of ¥20 per share, totaling ¥570.744 million, was approved. This was an increase from ¥15 per share in the same period of the previous year. - FY2024-Q2Interim dividend resolution updatedAnnual report
「At the Board of Directors meeting held on 6 November 2023, the following resolution was passed concerning the interim dividend for the current fiscal year.」
An interim dividend of ¥20 per share, totaling ¥570.744 million, was approved. This was an increase from the interim dividend of ¥15 per share in the same period of the previous year. - FY2024-Q1Update to year-end dividend payment recordAnnual report
「28 June 2023 Annual General Meeting of Shareholders Common shares 857,291 30 31 March 2023 29 June 2023 Retained earnings」
A year-end dividend of ¥30 per share, totaling ¥857.291 million, was paid from retained earnings for the fiscal year ended March 2023. - FY2023Update to annual dividend increase and treasury share repurchase recordAnnual report
「Based on the policy described above, the company will pay a dividend of ¥45 per share for the fiscal year, including an interim dividend of ¥15.」
The annual dividend increased to ¥45 per share from ¥30 in the previous fiscal year. The company also repurchased 150,600 treasury shares based on a resolution of the Board of Directors. Its policy of balancing shareholder returns with future investment continues. - FY2023-Q3Update to treasury share repurchase and interim dividend payment recordsAnnual report
「Based on a resolution of the Board of Directors meeting held on 7 November 2022, the company repurchased 150,600 treasury shares.」
Based on the resolution of 7 November 2022, the company repurchased 150,600 treasury shares. It also paid the interim dividend of ¥15 per share, totaling ¥430.905 million, on 2 December 2022. - FY2023-Q2Update to interim dividend and treasury share repurchase resolutionAnnual report
「To enable the return of profits to shareholders and a flexible capital policy in response to changes in the business environment Total number of shares that may be acquired: 450,000 shares (maximum) Total acquisition cost: ¥540 million (maximum)」
An interim dividend of ¥15 per share, totaling ¥430.905 million, was approved. The company also approved a treasury share repurchase of up to 450,000 shares and ¥540 million to return profits to shareholders and enable a more flexible capital policy. - FY2023-Q1Update: year-end dividend historyAnnual report
「28 June 2022 Annual General Meeting of Shareholders Common shares 574,541 20 31 March 2022 29 June 2022 Retained earnings」
A year-end dividend of ¥20 per share, totaling ¥574.541 million, was paid from retained earnings for the fiscal year ended March 2022. - FY2022-Q3Update to treasury share repurchase and interim dividend payment recordsAnnual report
「Based on a resolution of the Board of Directors meeting held on 8 November 2021, the company repurchased 155,700 treasury shares.」
The company repurchased 155,700 shares under the treasury share repurchase resolution. It also paid the interim dividend of ¥10 per share, totaling ¥291.271 million, on 2 December 2021. - FY2022-Q2Update to treasury share repurchase resolution and interim dividendAnnual report
「(2) Details of the acquisition (1) Class of shares to be acquired: The company’s common shares (2) Total number of shares that may be acquired: 400,000 shares (maximum) (3) Total acquisition cost: ¥480 million (maximum) (4) Acquisition period: 9 November 2021–31 March 2022 (5) Acquisition method: Market purchases」
The company approved a treasury share repurchase of up to 400,000 shares and ¥480 million to enable a more flexible capital policy. The interim dividend was also set at ¥10 per share, totaling ¥291.271 million. - FY2022-Q1Update to year-end dividend payment recordAnnual report
「25 June 2021 Annual General Meeting of Shareholders Common shares 495,163 17 31 March 2021 28 June 2021 Retained earnings」
A year-end dividend of ¥17 per share, totaling ¥495.163 million, was paid from retained earnings for the fiscal year ended March 2021. - FY2021Update to annual dividend and treasury share repurchase recordsAnnual report
「Based on the policy described above, the company will pay a dividend of ¥22 per share for the fiscal year, including an interim dividend of ¥5.」
The company continued its policy of balancing shareholder returns with future investment, resulting in an annual dividend of ¥22 per share. It also repurchased 500,000 treasury shares based on a resolution of the Board of Directors. - FY2021-Q3Update to interim dividend payment resultsAnnual report
「Board of Directors meeting held on 5 November 2020 Common shares 145,636 5 30 September 2020 2 December 2020 Retained earnings」
It was confirmed that the interim dividend based on a record date of 30 September 2020, at ¥5 per share and totaling ¥145.636 million, was paid on 2 December 2020. - FY2021-Q2Update to treasury share repurchase and interim dividend payment recordsAnnual report
「Based on a resolution of the Board of Directors meeting held on 27 March 2020, the company repurchased 500,000 treasury shares.」
The company repurchased 500,000 treasury shares, resulting in ¥556.673 million of cash outflows for treasury share repurchases during the cumulative second-quarter period. An interim dividend of ¥5 per share, totaling ¥145.636 million, was also approved. - FY2021-Q1Update to year-end dividend payment and treasury share repurchase recordsAnnual report
「25 June 2020 Annual General Meeting of Shareholders Common shares 592,547 20 31 March 2020 26 June 2020 Retained earnings Based on a resolution of the Board of Directors meeting held on 27 March 2020, the company repurchased 260,000 treasury shares.」
The company paid a year-end dividend of ¥20 per share for the fiscal year ended March 2020 and also repurchased 260,000 treasury shares. - FY2020-Q3Update to interim dividend payment resultsAnnual report
「Board of Directors meeting held on 6 November 2019 Common shares 444,412 15 30 September 2019 3 December 2019 Retained earnings」
An interim dividend based on a record date of 30 September 2019 was approved at ¥15 per share, totaling ¥444.412 million, and paid on 3 December 2019. - FY2020-Q2Interim dividend resolution updatedAnnual report
「At a Board of Directors meeting held on 6 November 2019, the following resolution was adopted concerning the interim dividend for the fiscal year.」
An interim dividend based on a record date of 30 September 2019 was approved at ¥15 per share, totaling ¥444.412 million. - FY2020-Q1Update: year-end dividend historyAnnual report
「Annual General Meeting of Shareholders held on 26 June 2019 Common shares 592,550 20 31 March 2019 27 June 2019 Retained earnings」
A year-end dividend of ¥20 per share, totaling ¥592.550 million, was paid from retained earnings for the fiscal year ended March 2019. - FY2019ReframedAnnual report
「At the 88th Annual General Meeting of Shareholders held on 26 June 2019, the company approved a partial amendment to its Articles of Incorporation. To enable a more flexible capital and dividend policy, the Articles provide that, pursuant to the provisions of each item of Article 459, paragraph 1 of the Companies Act, dividends of surplus may be paid by resolution of the Board of Directors, except where otherwise provided by law. Based on the policy described above, the company will pay a dividend of ¥35 per share for the fiscal year, including an interim dividend of ¥15.」
The company maintained its policy of balancing shareholder returns with future investment and amended its Articles of Incorporation to allow the Board of Directors to decide dividends, resulting in an annual dividend of ¥35 per share. - FY2019-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 5 November 2018, the following resolution was adopted concerning the interim dividend for the current fiscal year.」
Payment of the ¥15-per-share interim dividend was confirmed, and the policy of returning profits to shareholders was continued. - FY2019-Q2Update of interim dividend resultsAnnual report
「At a meeting of the Board of Directors held on 5 November 2018, the following resolution was adopted concerning the interim dividend for the current fiscal year.」
An interim dividend of ¥15 per share, totaling ¥444.412 million, was approved. This was an increase from the previous fiscal year’s interim dividend of ¥12 per share. - FY2019-Q1Update to commemorative dividend payment recordAnnual report
「Annual General Meeting of Shareholders held on 27 June 2018 Common shares 651,810 Basic dividend Commemorative dividend 12 10 31 March 2018 28 June 2018 Retained earnings」
A dividend comprising a basic dividend of ¥12 per share plus a ¥10 commemorative dividend marking the 80th anniversary of the company’s founding was paid from retained earnings on 28 June 2018. - FY2018Update to dividend payment record, including commemorative dividendsAnnual report
「Based on the policy described above, the company will pay a dividend of ¥34 per share for the fiscal year, comprising a basic dividend of ¥24 per share, including an interim dividend of ¥12, plus a ¥10 commemorative dividend marking the 80th anniversary of its founding.」
The company maintained its policy of balancing shareholder returns with future investment and paid a dividend of ¥34 per share, including a ¥10 commemorative dividend marking the 80th anniversary of its founding. - FY2018-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 6 November 2017, the Company passed the following resolution concerning the interim dividend for the current fiscal year.」
An interim dividend of ¥12 per share, totaling ¥355.532 million, was approved, reaffirming the policy of continuing to pay dividends. - FY2018-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 6 November 2017, the Company passed the following resolution concerning the interim dividend for the current fiscal year.」
An interim dividend of ¥12 per share, totaling ¥355.532 million, was approved, reaffirming the policy of continuing to pay dividends. - FY2017RestatedAnnual report
「In principle, while efficiently using retained earnings for investments to strengthen the company’s financial position and improve future earnings potential, our policy is to continue paying dividends in line with earnings.」
The company maintained its policy of balancing shareholder returns with investments to strengthen its financial position and support future growth, and paid an annual dividend of ¥24 per share. - FY2017-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 4 November 2016, the following resolution was adopted concerning the interim dividend for the current fiscal year.」
An interim dividend of ¥12 per share, totaling ¥355.535 million, was approved, continuing the return of profits to shareholders. - FY2017-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 4 November 2016, the following resolution was adopted concerning the interim dividend for the current fiscal year.」
A dividend of ¥12 per share was approved for the interim dividend, continuing the return of profits to shareholders. - FY2017-Q1RestatedAnnual report
「Annual General Meeting of Shareholders held on 29 June 2016」
A dividend of ¥12 per share was paid from retained earnings, continuing dividends in line with the previous shareholder return policy. - FY2016First statedAnnual report
「We regard returning profits to shareholders as one of management’s most important policies. In principle, while efficiently using retained earnings for investments to strengthen the company’s financial position and improve future earnings potential, our policy is to continue paying dividends in line with earnings.」
The dividend for the fiscal year was stated as ¥24 per share, including an interim dividend of ¥12.