Dividend payout ratio of approximately 25% and continued dividend growth
First written in FY2016. 19 of 36 entries say "Restated". Latest entry: FY2027-H1.
- FY2027-H1RaisedAnnual report
「Board of Directors, 5 November 2026; common shares; ¥9,992 million; 50.00; 30 September 2026; 1 December 2026; retained earnings」
The interim dividend was ¥50 per share, up from ¥45 in the previous fiscal year. The actual dividend level has been raised under the performance-linked dividend policy targeting a consolidated payout ratio of 40%. - FY2026SoftenedAnnual report
「With regard to the distribution of retained earnings for the fiscal year, the company paid an interim dividend of ¥45 per share under the basic policy described above and plans to submit a resolution for a year-end dividend of ¥45 per share at the Annual General Meeting of Shareholders scheduled for 26 June 2026. As a result, the annual dividend will be ¥90, with a consolidated payout ratio of 39.5%.」
The performance-linked dividend policy targeting a consolidated payout ratio of 40% was maintained, but the annual dividend is expected to decline from ¥100 in the previous fiscal year to ¥90. - FY2026-H1RaisedAnnual report
「Board of Directors resolution, 6 November 2025; common shares; ¥9,193 million; 45.00; 30 September 2025; 1 December 2025; retained earnings」
The interim dividend was ¥45 per share, up from ¥40 in the previous fiscal year. The actual dividend level has been raised. - FY2025-H1AdvancedAnnual report
「Regarding the interim dividend for the 60th fiscal year (1 April 2024 to 31 March 2025), the Company resolved at a meeting of the Board of Directors held on 7 November 2024 to pay an interim dividend as follows to shareholders recorded on the shareholder register as of 30 September 2024. Total dividends: ¥8,837 million; dividend per share: ¥40.00.」
An interim dividend of ¥40 per share, or ¥8.837 billion in total, was approved. On a post-stock-split basis, this represents an increase from the previous fiscal year’s interim dividend of ¥30 per share. - FY2024RaisedAnnual report
「We regard the return of profits to shareholders as one of our most important management priorities. Our basic policy is to pay performance-linked dividends based on a consolidated dividend payout ratio of approximately 40%. However, we will set a floor of ¥20 for the annual dividend per share, incorporating an element of stable dividends.」
The policy was raised from a target payout ratio of 25% to a performance-linked dividend policy targeting 40%, and a minimum annual dividend of ¥20 per share was also set. The annual dividend after conversion for the FY2024 stock split was ¥80 per share, with a consolidated payout ratio of 39.3%. - FY2024-Q2RaisedAnnual report
「29 June 2023; Annual General Meeting of Shareholders; common shares; 5,225; 90.00; 31 March 2023; 30 June 2023; retained earnings 7 November 2023; Board of Directors; common shares; 8,121; 150.00; 30 September 2023; 1 December 2023; retained earnings」
The year-end dividend for the fiscal year ended March 2023 was ¥90 per share, and the interim dividend based on 30 September 2023 was ¥150 per share. The actual and planned dividend levels have been raised from the previous fiscal year’s annual dividend of ¥150 per share. - FY2023AdvancedAnnual report
「The dividend for the fiscal year will be ¥150 per share, including an interim dividend of ¥60, resulting in a consolidated payout ratio of 18.6%.」
The annual dividend increased from ¥100 in the previous fiscal year to ¥150, and the interim dividend also increased from ¥50 to ¥60. The actual dividend level has recovered and increased under the policy of paying stable and continuous dividends. - FY2023-Q3RestatedAnnual report
「Regarding the interim dividend for the 58th fiscal year (1 April 2022 to 31 March 2023), the Board of Directors resolved at its meeting held on 7 November 2022 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2022, and the dividend was paid accordingly. Total dividends: ¥3,483 million; dividend per share: ¥60.00.」
The Company reaffirmed that it paid an interim dividend of ¥60 per share. The actual dividend level is shown as having increased from ¥50 in the previous fiscal year. - FY2023-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 7 November 2022, the Company resolved to pay an interim dividend as follows to shareholders recorded on the shareholder register as of 30 September 2022. Total dividends: ¥3,483 million; dividend per share: ¥60.00.」
An interim dividend of ¥60 per share was approved, up from ¥50 in the previous fiscal year. The actual dividend level has increased under the policy of paying stable and continuous dividends. - FY2023-Q1RestatedAnnual report
「29 June 2022 Annual General Meeting of Shareholders Common stock 2,912 50.00 31 March 2022 30 June 2022 Retained earnings」
A dividend of ¥50 per share, or ¥2.912 billion in total, was paid for the fiscal year ended March 2022. The Company reaffirmed the previous fiscal year’s policy and actual dividend level of ¥100 in annual dividends. - FY2022SoftenedAnnual report
「The dividend for the fiscal year was set at ¥100 per share, including an interim dividend of ¥50, and the consolidated payout ratio was 32.8%.」
The annual dividend decreased from ¥150 to ¥100 per share, and the interim dividend decreased from ¥75 to ¥50. Meanwhile, the wording of the basic policy of paying stable and continuous dividends has been maintained. - FY2022-Q2SoftenedAnnual report
「At a meeting of the Board of Directors held on 8 November 2021, the Company resolved to pay an interim dividend as follows to shareholders recorded on the shareholder register as of 30 September 2021. Total dividends: ¥3,065 million; dividend per share: ¥50.00.」
The interim dividend for the current fiscal year was ¥50 per share, down from ¥75 in the previous fiscal year. This represents a change in the actual dividend level for the current fiscal year; no change was disclosed to the basic policy itself presented for FY2021. - FY2021ReframedAnnual report
「The Company positions the return of profits to shareholders as one of its most important management priorities. Its basic dividend policy is to pay stable and continuous dividends after comprehensively considering its business performance, financial position and payout ratio.」
The wording of the policy was revised from the previous “continuous increases based on a target payout ratio of 25%” to “stable and continuous dividends,” determined after comprehensively considering business performance and financial position. Actual dividends were ¥150 per share, with a consolidated payout ratio of 159.6%. - FY2021-Q3RestatedAnnual report
「Regarding the interim dividend for the 56th fiscal year (1 April 2020 to 31 March 2021), the Company resolved at a meeting of the Board of Directors held on 9 November 2020 to pay an interim dividend as follows to shareholders recorded on the shareholder register as of 30 September 2020, and has paid the dividend. Total dividends: ¥4,588 million; dividend per share: ¥75.00.」
An interim dividend of ¥4.588 billion, or ¥75 per share, was paid, maintaining the previous dividend level. - FY2021-Q2RestatedAnnual report
「Regarding the interim dividend for the 56th fiscal year (1 April 2020 to 31 March 2021), the Company resolved at a meeting of the Board of Directors held on 9 November 2020 to pay an interim dividend as follows to shareholders recorded on the shareholder register as of 30 September 2020. Total dividends: ¥4,588 million; dividend per share: ¥75.00.」
An interim dividend based on a record date of 30 September 2020 was approved at ¥75 per share, maintaining the previous dividend level. - FY2021-Q1RestatedAnnual report
「26 June 2020 Annual General Meeting of Shareholders Common stock 4,587 75.00 31 March 2020 29 June 2020 Retained earnings」
A total dividend of ¥4.587 billion, or ¥75 per share, was paid for the fiscal year ended March 2020. No change was indicated to the previous dividend level or the policy of targeting a 25% payout ratio. - FY2020-Q3RestatedAnnual report
「7 November 2019; Board of Directors; common shares; 4,587; 75.00; 30 September 2019; 2 December 2019; retained earnings」
An interim dividend based on a record date of 30 September 2019 was paid at ¥75 per share, or ¥4.587 billion in total. No change was indicated to the previous dividend level or the policy of targeting a 25% payout ratio. - FY2020-Q2RestatedAnnual report
「Regarding the interim dividend for the 55th fiscal year (1 April 2019 to 31 March 2020), the Company resolved at a meeting of the Board of Directors held on 7 November 2019 to pay an interim dividend as follows to shareholders recorded on the shareholder register as of 30 September 2019. Total dividends: ¥4,587 million; dividend per share: ¥75.00.」
An interim dividend of ¥75 per share was approved, maintaining the previous dividend per share. No change was indicated to the policy of targeting a 25% payout ratio and aiming for continuous dividend increases. - FY2020-Q1RestatedAnnual report
「27 June 2019 Annual General Meeting of Shareholders Common stock 6,088 75.00 31 March 2019 28 June 2019 Retained earnings」
A total dividend of ¥6.088 billion, or ¥75 per share, was paid for the fiscal year ended March 2019. No change was indicated to the policy of targeting a 25% payout ratio or to the policy of continuous dividend increases. - FY2019RestatedAnnual report
「Our dividend policy is based on a guideline of allocating profits at a payout ratio of approximately 25% of consolidated net income attributable to owners of the parent, while seeking to increase dividends consistently.」
The Company has reaffirmed its policy of targeting a 25% payout ratio and aiming for continuous dividend increases. It paid ¥150 per share for the fiscal year, with a consolidated payout ratio of 91.0%. - FY2019-Q3RestatedAnnual report
「For the interim dividend for the 54th fiscal year, from 1 April 2018 to 31 March 2019, the Board of Directors resolved at a meeting held on 9 November 2018 to pay an interim dividend to shareholders recorded in the shareholder register as of 30 September 2018, as follows, and paid the dividend: total dividends ¥6,088 million; dividend per share ¥75.00.」
An interim dividend of ¥6.088 billion, or ¥75 per share, was paid. No change was indicated to the policy of targeting a 25% payout ratio or to the policy of continuous dividend increases. - FY2019-Q2RestatedAnnual report
「Regarding the interim dividend for the 54th fiscal year (1 April 2018 to 31 March 2019), the Company resolved at a meeting of the Board of Directors held on 9 November 2018 to pay an interim dividend as follows to shareholders recorded on the shareholder register as of 30 September 2018. Total dividends: ¥6,088 million; dividend per share: ¥75.00.」
An interim dividend based on a record date of 30 September 2018 was approved at ¥6.088 billion in total, or ¥75 per share. No change was indicated to the previous dividend level or the policy of maintaining dividends. - FY2019-Q1RestatedAnnual report
「28 June 2018; Annual General Meeting of Shareholders; common shares; total dividends: ¥6,088 million; dividend per share: ¥75.00; record date: 31 March 2018; effective date: 29 June 2018」
A total dividend of ¥6.088 billion, or ¥75 per share, was paid for the fiscal year ended March 2018. No change was disclosed to the previous dividend level or the policy of targeting a 25% payout ratio. - FY2018RestatedAnnual report
「Our dividend policy is based on a guideline of allocating profits at a payout ratio of approximately 25% of consolidated net income attributable to owners of the parent, while seeking to increase dividends consistently.」
There has been no change to the policy of targeting a 25% payout ratio and aiming for continuous dividend increases. A dividend of ¥150 per share was paid for the fiscal year ended March 2018. - FY2018-Q3RestatedAnnual report
「Regarding the interim dividend for the 53rd fiscal year (1 April 2017 to 31 March 2018), the Company resolved at a meeting of the Board of Directors held on 9 November 2017 to pay an interim dividend as follows to shareholders recorded on the shareholder register as of 30 September 2017, and has paid the dividend. Total dividends: ¥6,088 million; dividend per share: ¥75.00.」
An interim dividend of ¥6.088 billion, or ¥75 per share, was paid. No change was disclosed to the previous dividend level or the policy of targeting a 25% payout ratio. - FY2018-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 9 November 2017, the Company resolved to pay an interim dividend as follows to shareholders recorded on the shareholder register as of 30 September 2017. Total dividends: ¥6,088 million; dividend per share: ¥75.00.」
An interim dividend of ¥6.088 billion, or ¥75 per share, was approved. No change was disclosed to the policy of targeting a 25% payout ratio or to the policy of continuous dividend increases. - FY2018-Q1RestatedAnnual report
「29 June 2017; Annual General Meeting of Shareholders; common shares; total dividends: ¥6,088 million; dividend per share: ¥75.00; record date: 31 March 2017; effective date: 30 June 2017」
The company paid a dividend of ¥75 per share, the same as in the previous fiscal year, for a total of ¥6.088 billion. No change to the policy of targeting a dividend payout ratio of approximately 25% or to the policy of continued dividend growth was stated. - FY2017-Q3RestatedAnnual report
「Total dividends: ¥6,088 million; dividend per share: ¥75.00」
The company confirmed payment of an interim dividend of ¥75. No change to the policy of targeting a dividend payout ratio of approximately 25% or to the policy of continued dividend growth was stated. - FY2017-Q2RestatedAnnual report
「Regarding the interim dividend for the 52nd fiscal year (1 April 2016 to 31 March 2017), the Board of Directors resolved at its meeting held on 8 November 2016 to pay an interim dividend as follows to shareholders recorded on the shareholder register as of 30 September 2016. Total dividends: ¥6,088 million; dividend per share: ¥75.00.」
The company resolved to pay an interim dividend of ¥75 and has continued paying dividends. No change to the dividend policy or the guideline for the dividend payout ratio was stated. - FY2016First statedAnnual report
「Our dividend policy is based on a guideline of allocating profits at a payout ratio of approximately 25% of consolidated net income attributable to owners of the parent, while seeking to increase dividends consistently.」
The company states a numerical guideline for the dividend payout ratio and targets continued dividend growth.