Shareholder returns focused on ROE and semiannual dividends
First written in FY2016. 10 of 42 entries say "Raised", first in FY2025-H1. Latest entry: 2026-11-13.
The whole theme swung hardest in 2021: 1 of 12 companies on the "Worse" side.
4 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「For dividends for the fiscal year, based on the policy outlined above, the Company decided to pay an interim dividend of ¥40 per share and a year-end dividend of ¥40 per share. As a result, the payout ratio for the fiscal year was 27.8%.」
The Company continued its policy of paying dividends twice a year and emphasizing ROE of 10%, setting the interim and year-end dividends at ¥40 each for an annual dividend of ¥80. This raises the dividend level from ¥75 in the previous fiscal year. - FY2026-H1RaisedAnnual report
「At a meeting of the Board of Directors held on 27 October 2025, the Company resolved the following regarding the interim dividend for the fiscal year: (a) Total dividends………………………………………¥330.869 million (b) Dividend per share…………………………………¥40.00 (c) Effective date of dividend payment claim and payment commencement date…………5 December 2025」
The interim dividend was set at ¥40 per share, maintaining the increased level from the previous fiscal year’s interim dividend of ¥35. - FY2025RaisedAnnual report
「For dividends for the fiscal year, based on the policy outlined above, the Company decided to pay an interim dividend of ¥35 per share and a year-end dividend of ¥40 per share, reflecting a ¥5 increase in the ordinary dividend from the most recent dividend forecast. As a result, the payout ratio for the fiscal year was 29.8%.」
The interim and year-end dividends were set at ¥35 and ¥40, respectively, for an annual dividend of ¥75, raising the dividend level from ¥60 in the previous fiscal year. The policy of targeting ROE of 10% and paying dividends twice a year remains in place. - FY2025-H1RaisedAnnual report
「At a meeting of the Board of Directors held on 28 October 2024, the Company resolved the following regarding the interim dividend for the fiscal year: (a) Total dividends………………………………………¥289.512 million (b) Dividend per share…………………………………¥35.00 (c) Effective date of dividend payment claim and payment commencement date…………5 December 2024」
The interim dividend was increased from ¥25 per share in the previous fiscal year to ¥35. The dividend level has been raised in line with the policy of paying dividends twice a year. - FY2024Annual dividend increased to ¥60; 85th anniversary commemorative dividend paidAnnual report
「For dividends for the fiscal year, based on the policy outlined above, the Company decided to pay an interim dividend of ¥25 per share and a year-end dividend of ¥35 per share, comprising a ¥5 increase in the ordinary dividend from the most recent dividend forecast plus a ¥5 commemorative dividend marking the 85th anniversary of the Company’s founding. As a result, the payout ratio for the fiscal year was 23.2%.」
In addition to the ¥25 interim dividend, the year-end dividend was set at ¥35, comprising a ¥5 increase in the ordinary dividend and a ¥5 commemorative dividend marking the 85th anniversary of the Company’s founding, resulting in an annual dividend of ¥60. - FY2024-Q3¥25 interim dividend paidAnnual report
「At a meeting of the Board of Directors held on 27 October 2023, the Company resolved the following regarding the interim dividend for the fiscal year: (a) Total dividends………………………………………¥204.917 million (b) Dividend per share…………………………………¥25.00 (c) Effective date of dividend payment claim and payment commencement date…………5 December 2023」
Based on its policy of paying dividends twice a year, the Company resolved to pay an interim dividend of ¥25 per share for the fiscal year and began payment on 5 December. - FY2024-Q2Interim dividend of ¥25 approvedAnnual report
「At the Board of Directors meeting held on 27 October 2023, the Company resolved the following regarding the interim dividend for the current fiscal year.」
The Company resolved to pay an interim dividend of ¥25 per share, totaling ¥204.917 million, with 30 September 2023 as the record date. This continued its dividend policy of paying twice a year and emphasizing ROE in shareholder returns. - FY2024-Q1Paid a year-end dividend of ¥25 per shareAnnual report
「At a meeting of the Board of Directors held on 11 May 2023, the Company resolved to pay dividends from retained earnings as follows.」
A year-end dividend of ¥25 per share, with 31 March 2023 as the record date, was paid from 23 June 2023. This reaffirmed the Company’s dividend record based on its policy of paying dividends twice a year and emphasizing ROE. - FY2023Annual dividend of ¥50Annual report
「For dividends for the fiscal year, based on the policy outlined above, the Company decided to pay an interim dividend of ¥25 per share and a year-end dividend of ¥25 per share. As a result, the payout ratio for the fiscal year was 23.2%.」
The Company maintained its shareholder return policy targeting ROE of 10% and its policy of paying dividends twice a year, and paid ¥25 each for the interim and year-end dividends, for an annual dividend of ¥50 and a payout ratio of 23.2%. - FY2023-Q3¥25 interim dividend paidAnnual report
「At a meeting of the Board of Directors held on 28 October 2022, the following resolution was passed regarding the interim dividend for the current fiscal year.」
An interim dividend of ¥25 per share, with 30 September 2022 as the record date, was paid from 6 December 2022. - FY2023-Q2Interim dividend of ¥25 approvedAnnual report
「At a meeting of the Board of Directors held on 28 October 2022, the Company resolved the following regarding the interim dividend for the fiscal year: (a) Total dividends………………………………………¥204.917 million (b) Dividend per share…………………………………¥25.00 (c) Effective date of dividend payment claim and payment commencement date…………6 December 2022」
The Company resolved to pay an interim dividend of ¥25 per share, totaling ¥204.917 million, for the fiscal year. - FY2023-Q1Paid a year-end dividend of ¥25 per shareAnnual report
「At a meeting of the Board of Directors held on 12 May 2022, the Company resolved to pay dividends from retained earnings as follows: (a) Total dividends………………………………………¥204.919 million (b) Dividend per share…………………………………¥25.00 (c) Effective date of dividend payment claim and payment commencement date…………24 June 2022」
A year-end dividend of ¥25 per share, with 31 March 2022 as the record date, was paid from 24 June. - FY2022Annual dividend increased to ¥50Annual report
「For dividends for the fiscal year, based on the policy outlined above, the Company decided to pay an interim dividend of ¥25 per share and a year-end dividend of ¥25 per share. As a result, the payout ratio for the fiscal year was 24.3%.」
The Company maintained its policy of targeting ROE of 10% and paying dividends twice a year, and paid ¥25 each for the interim and year-end dividends, for an annual dividend of ¥50 and a payout ratio of 24.3%. - FY2022-Q3¥25 interim dividend paidAnnual report
「At a meeting of the Board of Directors held on 29 October 2021, the Company resolved the following regarding the interim dividend for the fiscal year: (a) Total dividends………………………………………¥208.670 million (b) Dividend per share…………………………………¥25.00 (c) Effective date of dividend payment claim and payment commencement date…………7 December 2021」
An interim dividend of ¥25 per share, with 30 September 2021 as the record date, was paid from 7 December. - FY2022-Q2Interim dividend of ¥25 approvedAnnual report
「At a meeting of the Board of Directors held on 29 October 2021, the company resolved the following matters concerning the interim dividend for the current period.」
The Company resolved to pay an interim dividend of ¥25 per share, totaling ¥208.670 million, with 30 September 2021 as the record date. - FY2022-Q1Paid a year-end dividend of ¥25 per shareAnnual report
「14 May 2021 Board of Directors Common shares 208,670 25 31 March 2021 28 June 2021 Retained earnings」
A year-end dividend of ¥25 per share for the fiscal year ended March 2021 was paid on 28 June 2021. - FY2021¥25 year-end dividend, ¥47 annual dividend paidAnnual report
「For dividends for the fiscal year, based on the policy outlined above, the Company decided to pay an interim dividend of ¥22 per share and a year-end dividend of ¥25 per share, comprising the ordinary dividend of ¥22 per share plus a ¥3 increase. As a result, the payout ratio for the fiscal year was 16.9%.」
The Company maintained its shareholder return policy targeting ROE of 10% and its policy of paying dividends twice a year. The year-end dividend was set at ¥25, comprising the ordinary dividend of ¥22 plus ¥3, resulting in an annual dividend of ¥47 including the ¥22 interim dividend. - FY2021-Q3Paid an interim dividend of ¥22 per shareAnnual report
「(b) Dividend per share…………………………………¥22.00 (c) Effective date of dividend claim and payment commencement date…………7 December 2020」
The interim dividend approved by the Board of Directors at its meeting held on 30 October 2020 was paid at ¥22 per share from 7 December 2020. - FY2021-Q2¥22 interim dividend approvedAnnual report
「At a meeting of the Board of Directors held on 30 October 2020, the Company passed the following resolution concerning the interim dividend for the current fiscal year.」
An interim dividend of ¥22 per share, totaling ¥183.629 million, was approved for the record date of 30 September 2020. - FY2021-Q1¥27 year-end dividend paidAnnual report
「26 June 2020 Annual General Meeting of Shareholders Common shares 225,364 27 31 March 2020 29 June 2020 Retained earnings」
The company paid a year-end dividend of ¥27 per share on 29 June 2020 for the fiscal year ended March 2020. The dividend included a ¥5 commemorative dividend marking the 30th anniversary of the establishment of Dalian Kitamura Valve Co., Ltd. - FY2020¥27 year-end dividend and ¥49 annual dividend paidAnnual report
「Based on the policy described above, the company decided to pay an interim dividend of ¥22 per share and a year-end dividend of ¥27 per share, comprising an ordinary dividend of ¥22 plus a ¥5 commemorative dividend marking the 30th anniversary of the establishment of Dalian Kitamura Valve Co., Ltd. As a result, the payout ratio for the fiscal year was 24.4%.」
The company maintained its policy of paying dividends twice a year while focusing on ROE, and paid an interim dividend of ¥22, a year-end dividend of ¥27 and an annual dividend of ¥49. The year-end dividend included a ¥5 commemorative dividend marking the 30th anniversary of the establishment of its Dalian subsidiary. - FY2020-Q3Paid an interim dividend of ¥22 per shareAnnual report
「At a meeting of the Board of Directors held on 31 October 2019, the Company passed the following resolution concerning the interim dividend for the current fiscal year.」
An interim dividend of ¥22 per share was approved for the record date of 30 September 2019 and paid from 5 December 2019. - FY2020-Q2¥22 interim dividend approvedAnnual report
「At a meeting of the Board of Directors held on 31 October 2019, the Company passed the following resolution concerning the interim dividend for the current fiscal year.」
An interim dividend of ¥22 per share, totaling ¥183.631 million, was approved for the record date of 30 September 2019. - FY2020-Q1¥27 year-end dividend paid, including an 80th anniversary commemorative dividendAnnual report
「21 June 2019 Annual General Meeting of Shareholders Common shares 225,368 27 31 March 2019 24 June 2019 Retained earnings The per-share dividend approved at the Annual General Meeting of Shareholders on 21 June 2019 includes a ¥5 commemorative dividend marking the company’s 80th anniversary.」
The company paid a year-end dividend of ¥27 per share for the fiscal year ended March 2019, including a ¥5 commemorative dividend marking its 80th anniversary. - FY2019-Q3Paid an interim dividend of ¥22 per shareAnnual report
「(b) Dividend per share…………………………………¥22.00 (c) Effective date of dividend claim and payment commencement date…………5 December 2018」
The interim dividend approved by the Board of Directors on 31 October 2018 was paid at ¥22 per share from 5 December. - FY2019-Q2¥22 interim dividend approvedAnnual report
「At a meeting of the board of directors held on 31 October 2018, the company resolved the following matters concerning the interim dividend for the fiscal year.」
An interim dividend of ¥22 per share, totaling ¥183.635 million, was approved for the record date of 30 September 2018. - FY2019-Q1¥22 year-end dividend paidAnnual report
「28 June 2018 Annual General Meeting of Shareholders Common shares 183,415 22 31 March 2018 29 June 2018 Retained earnings」
The company paid a year-end dividend of ¥22 per share on 29 June 2018 for the fiscal year ended March 2018. - FY2018Increase annual dividend to ¥44 on a post-share-consolidation basisAnnual report
「Based on the policy described above, the company decided to pay an interim dividend of ¥11 per share for the fiscal year, equivalent to ¥22 on a post-share-consolidation basis, and a year-end dividend of ¥22. As a result, the payout ratio for the fiscal year was 25.4%.」
The company maintained its policy of focusing on ROE and paying dividends twice a year. The annual dividend was ¥44 on a post-share-consolidation basis, and the payout ratio was 25.4%. - FY2018-Q3Paid an interim dividend of ¥11 per shareAnnual report
「Dividend payment (Resolution) 30 October 2017 Board of Directors Common shares 183,423 11 30 September 2017 5 December 2017 Retained earnings」
The interim dividend approved by the Board of Directors on 30 October 2017 was paid at ¥11 per share from 5 December 2017. - FY2018-Q2Interim dividend of ¥11 approvedAnnual report
「At a meeting of the Board of Directors held on 30 October 2017, the following resolution was passed regarding the interim dividend for the current period. (a) Total dividends………………………………………¥183,423 thousand (b) Dividend per share…………………………………¥11.00 (c) Effective date of dividend claim and payment commencement date…………5 December 2017」
An interim dividend of ¥11 per share, totaling ¥183.423 million, was approved for the current period. - FY2018-Q1¥11 year-end dividend paidAnnual report
「Common shares 180,915 11 31 March 2017 29 June 2017 Retained earnings」
The company paid a year-end dividend of ¥11 per share on 29 June 2017 for the fiscal year ended March 2017. - FY2017Increase annual dividend to ¥21Annual report
「Based on the policy described above, the company decided to pay a dividend of ¥21 per share for the fiscal year, including an interim dividend of ¥10. As a result, the payout ratio for the fiscal year was 21.0%.」
The company maintained its policy of paying dividends twice a year while considering ROE and the payout ratio. The annual dividend was ¥21, comprising an interim dividend of ¥10 and a year-end dividend of ¥11, and the payout ratio was 21.0%. - FY2017-Q3¥10 interim dividend paidAnnual report
「(a) Total dividends………………………………………¥164,479 thousand (b) Dividend per share…………………………………¥10.00 (c) Effective date of dividend claim and payment commencement date…………6 December 2016」
The approved interim dividend of ¥10 per share was paid from 6 December 2016. - FY2017-Q2Interim dividend of ¥10 per share also approvedAnnual report
「At a meeting of the Board of Directors held on 31 October 2016, the company resolved as follows regarding the interim dividend for the current fiscal year.」
The interim dividend for the current period was approved at ¥10 per share, representing an increase from ¥9 per share in the same period of the previous year. - FY2017-Q1Increase per-share dividend from ¥9 to ¥10Annual report
「Common shares 164,155 10 31 March 2016 27 June 2016 Retained earnings」
In the first quarter under review, the company paid a year-end dividend of ¥10 per share for the fiscal year ended March 2016. The dividend in the same period of the previous year was ¥9 per share. - FY2016First statedAnnual report
「The company positions the return of profits to shareholders as one of its key management policies. While placing importance on return on equity (ROE), its basic policy is to distribute earnings after comprehensively considering the business environment, payout ratio and other factors. The company’s basic policy is to pay dividends from surplus twice a year, consisting of a year-end dividend and an interim dividend.」
The company has identified shareholder returns as a key policy and indicated a dividend policy based on a comprehensive consideration of ROE, the business environment and the payout ratio.