Dividend payout ratio of at least 30%, with a focus on stability and continuity
First written in FY2016. 6 of 24 entries say "Raised", first in FY2017. Latest entry: 2026-08-07.
- FY2026RaisedAnnual report
「We will use the higher of a consolidated dividend payout ratio of 60% and a dividend on equity (DOE) of 7%, with the ¥117 per-share dividend paid for the fiscal year ending March 2026 as the floor.」
The policy was changed from the previous policy of a consolidated dividend payout ratio of 60% or higher to a policy of using the higher of a dividend payout ratio of 60% and DOE of 7%, with ¥117 per share for the fiscal year ending March 2026 as the floor. - FY2026-H1Year-end dividend of ¥56 per share and interim dividend of ¥45 per shareAnnual report
「25 June 2025 Annual General Meeting of Shareholders Common shares 3,021 56 31 March 2025 26 June 2025 Retained earnings” “13 November 2025 Board of Directors Common shares 2,430 45 30 September 2025 8 December 2025 Retained earnings」
A year-end dividend of ¥56 per share was paid for the fiscal year ended March 2025, and an interim dividend of ¥45 per share was approved with 30 September 2025 as the record date. - FY2025Dividend payout ratio of 60.3% and dividend of ¥91 per shareAnnual report
「We are targeting a consolidated dividend payout ratio of 60% or higher, and plan to pay a dividend of ¥91.00 per share for the fiscal year, including an interim dividend of ¥35.00. As a result, the consolidated dividend payout ratio for the fiscal year was 60.3%.」
The target of a consolidated dividend payout ratio of 60% or higher was maintained. For the fiscal year, the dividend payout ratio was 60.3% and the dividend was ¥91 per share, comprising an interim dividend of ¥35 and a planned year-end dividend of ¥56. - FY2025-H1Commemorative dividend of ¥105 per share and interim dividend of ¥35 per shareAnnual report
「25 June 2024 Annual General Meeting of Shareholders Common shares ¥5,594 million ¥105” “The ¥105 per-share dividend includes a ¥65 commemorative dividend marking the fifth anniversary of the management integration.” “8 November 2024 Board of Directors Common shares ¥1,889 million ¥35」
The year-end dividend for the fiscal year ended March 2024 was ¥105 per share, including a ¥65 commemorative dividend marking the fifth anniversary of the management integration. In addition, an interim dividend of ¥35 per share was approved, with 30 September 2024 as the record date. - FY2024RaisedAnnual report
「For the next fiscal year’s dividend, we are targeting a consolidated dividend payout ratio of 60% or higher, as stated in “Initiatives to Realize Management Conscious of Cost of Capital and Stock Price,” announced on 9 February 2024.」
The target for the next fiscal year was raised from the previous consolidated dividend payout ratio of 40% or higher to 60% or higher. The dividend for the period was ¥135 per share, representing a consolidated dividend payout ratio of 100.6%. - FY2024-Q2Resolution on an interim dividend of ¥30 per shareAnnual report
「10 November 2023 Board of Directors Common shares 1,624 30 30 September 2023 6 December 2023 Retained earnings」
At a Board of Directors meeting held on 10 November 2023, an interim dividend of ¥30 per share, totaling ¥1.624 billion, was approved, with 30 September 2023 as the record date. - FY2024-Q1Payment of a dividend of ¥72 per shareAnnual report
「27 June 2023 Annual General Meeting of Shareholders Common shares 3,895 72 31 March 2023 28 June 2023 Retained earnings」
On 28 June 2023, a total dividend of ¥3.895 billion, or ¥72 per share, was paid as the year-end dividend. This was an increase from the previously disclosed ¥58 per share. - FY2023-Q1Payment of a dividend of ¥58 per shareAnnual report
「23 June 2022 Annual General Meeting of Shareholders Common shares 3,141 58 31 March 2022 24 June 2022 Retained earnings」
On 24 June 2022, a total dividend of ¥3.141 billion, or ¥58 per share, was paid as the year-end dividend. - FY2022Payment of a dividend of ¥58 per shareAnnual report
「We will pay continuous and stable dividends in line with earnings and are targeting a consolidated dividend payout ratio of 40% or higher. Dividends of surplus were set at a year-end dividend of ¥58 per share, representing a consolidated dividend payout ratio of 40.5%.」
The target of a consolidated dividend payout ratio of 40% or higher was maintained, and a year-end dividend of ¥58 per share was determined for the period, representing a consolidated dividend payout ratio of 40.5%. - FY2022-Q1Payment of a dividend of ¥55 per shareAnnual report
「24 June 2021 Annual General Meeting of Shareholders Common shares 2,979 55 31 March 2021 25 June 2021 Retained earnings」
On 25 June 2021, a total dividend of ¥2.979 billion, or ¥55 per share, was paid as the year-end dividend. - FY2021Payment of a dividend of ¥55 per shareAnnual report
「We will pay continuous and stable dividends in line with earnings and are targeting a consolidated dividend payout ratio of 40% or higher.” “Dividends of surplus were set at a year-end dividend of ¥55 per share, representing a consolidated dividend payout ratio of 40.6%.」
The target of a consolidated dividend payout ratio of 40% or higher was maintained, and a year-end dividend of ¥55 per share was determined for the period, representing a consolidated dividend payout ratio of 40.6%. - FY2021-Q1Payment of a dividend of ¥53 per shareAnnual report
「26 June 2020 Annual General Meeting of Shareholders Common shares 2,870,894 53 31 March 2020 29 June 2020 Retained earnings」
On 29 June 2020, a total dividend of ¥2,870,894 thousand, or ¥53 per share, was paid as the year-end dividend. - FY2020RestatedAnnual report
「While giving sufficient consideration to the continuity and stability of dividends, we will target a consolidated dividend payout ratio of 40% or higher after securing retained earnings necessary to maintain a strong business base and expand the business in the future.” “For dividends of surplus for the fiscal year, we set the year-end dividend at ¥53 per share, representing a consolidated dividend payout ratio of 40.1%.」
The company reaffirmed its target of a consolidated dividend payout ratio of 40% or higher and disclosed a dividend payout ratio of 40.1%, excluding the gain on negative goodwill, and a year-end dividend of ¥53 per share for the period. - FY2020-Q1Payment of a dividend of ¥46 per shareAnnual report
「Common shares 2,126,441 46 31 March 2019 24 June 2019 Retained earnings」
Based on a resolution at the Annual General Meeting of Shareholders held on 21 June 2019, a total dividend of ¥2,126,441 thousand, or ¥46 per share, was paid. This was an increase from the ¥39 per share paid in the same period of the previous year. - FY2017RaisedAnnual report
「Although we had targeted a consolidated dividend payout ratio of 30% or higher, we have reviewed this policy and will continue to give sufficient consideration to the continuity and stability of dividends. After securing retained earnings necessary to maintain a strong business base and expand the business in the future, we will target a consolidated dividend payout ratio of 40% or higher.」
The dividend payout ratio target was raised from 30% or higher to 40% or higher. The dividend payout ratio for the fiscal year ended March 2018 was 40.9%. - FY2016First statedAnnual report
「While paying due attention to the continuity and stability of dividends, we will pay dividends in line with earnings and target a consolidated dividend payout ratio of at least 30%.」
The company has positioned dividends as its most important management priority and has indicated a policy of balancing earnings-linked dividends with stability.