Balancing Retained Earnings and Performance-Linked Dividends
First written in FY2016. 11 of 29 entries say "Restated". Latest entry: FY2026.
45 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「A consolidated dividend payout ratio of 50% is used as a guideline.” “To further enhance shareholder returns, the Company announced a new shareholder return policy in “Initiatives to Realize Management Conscious of Cost of Capital and Share Price (Update)” dated 19 March 2026.」
In addition to its previous policy of retaining earnings and paying performance-linked dividends, the Company presented a new shareholder return policy using a consolidated dividend payout ratio of 50% as a guideline. - FY2026-H1Interim dividend increased to ¥100Annual report
「Common shares ¥1,183 million Dividend per share: ¥100」
The interim dividend was ¥100 per share, up from ¥75 in the same period of the previous year. This was disclosed as an outcome consistent with the basic policy of balancing retained earnings with dividends aligned with earnings performance. - FY2025Annual dividend: ¥165 · Year-end dividend: ¥90Annual report
「The Company decided to pay a year-end dividend of ¥90 per share for the fiscal year ended March 2025. As a result, the annual dividend was ¥165 per share, and the dividend payout ratio based on equity attributable to owners of the parent was 1.8%.」
The basic policy of strengthening retained earnings and paying dividends aligned with earnings performance was maintained, with the annual dividend at ¥165 per share and the year-end dividend at ¥90 per share. - FY2025-H1Interim dividend increased to ¥75Annual report
「Common shares 894 75” “Dividend per share: ¥75」
The interim dividend based on the record date of 30 September 2024 was ¥75 per share, up from ¥70 per share in the same period of the previous year. - FY2024Annual dividend: ¥145 · Year-end dividend: ¥75Annual report
「The Company decided to pay a year-end dividend of ¥75 per share for the fiscal year ended March 2024. As a result, the annual dividend was ¥145 per share, and the dividend payout ratio based on equity attributable to owners of the parent was 1.7%.」
The basic policy of strengthening retained earnings and paying dividends aligned with earnings performance was maintained, with the annual dividend at ¥145 per share and the year-end dividend at ¥75 per share. - FY2024-Q2Higher Interim DividendAnnual report
「Common shares ¥848 million Dividend per share: ¥70」
The interim dividend based on the record date of 30 September 2023 was ¥70 per share, totaling ¥848 million, up from ¥65 per share in the same period of the previous year. - FY2024-Q1RestatedAnnual report
「15 June 2023 Annual General Meeting of Shareholders Common shares 847 70」
The Company paid a year-end dividend of ¥70 per share, totaling ¥847 million, for the fiscal year ended March 2023. - FY2023Annual dividend: ¥135 · Year-end dividend: ¥70Annual report
「The Company decided to pay a year-end dividend of ¥70 per share for the fiscal year ended March 2023. As a result, the annual dividend was ¥135 per share, and the dividend payout ratio based on equity attributable to owners of the parent was 1.9%.」
While maintaining its basic policy of strengthening retained earnings and paying dividends aligned with earnings performance, the annual dividend was ¥135 per share and the year-end dividend was ¥70 per share. - FY2023-Q2Higher Interim DividendAnnual report
「Regarding the interim dividend for the 121st fiscal period (from 1 April 2022 to 31 March 2023), at a meeting of the Board of Directors held on 27 October 2022, the Company resolved to pay an interim dividend to shareholders recorded on the shareholder register as of 30 September 2022, as follows: ① Total dividends: ¥787 million ② Dividend per share: ¥65」
The interim dividend was ¥65 per share, exceeding both the ¥55 paid in the same period of the previous year and the ¥60 year-end dividend for the current fiscal year. - FY2023-Q1Increase in year-end dividendAnnual report
「Common shares 726 60」
The year-end dividend for the fiscal year ended March 2022 was ¥60 per share, totaling ¥726 million, up from ¥55 per share in the same period of the previous year. No change was disclosed to the basic policy of balancing retained earnings with dividends aligned with earnings performance. - FY2022-Q2RestatedAnnual report
「Regarding the interim dividend for the 120th fiscal period (from 1 April 2021 to 31 March 2022), at a meeting of the Board of Directors held on 29 October 2021, the Company resolved to pay an interim dividend to shareholders recorded on the shareholder register as of 30 September 2021, as follows: ① Total dividends: ¥665 million ② Dividend per share: ¥55」
Under its policy of balancing retained earnings with dividends aligned with earnings performance, the interim dividend based on the record date of 30 September 2021 was set at ¥55 per share, totaling ¥665 million. - FY2022-Q1RestatedAnnual report
「16 June 2021 Annual General Meeting of Shareholders Common shares 665 55」
The Company paid a year-end dividend of ¥55 per share, totaling ¥665 million, for the fiscal year ended March 2021. - FY2021Annual dividend: ¥90 · Year-end dividend: ¥55Annual report
「The Company decided to pay a year-end dividend of ¥55 per share for the fiscal year ending March 2021. As a result, the annual dividend was ¥90 per share, and the dividend payout ratio based on equity attributable to owners of the parent was 1.6%.」
The annual dividend was ¥90 per share, comprising an interim dividend of ¥35 and a year-end dividend of ¥55, unchanged from the ¥90 annual dividend in the previous fiscal year. - FY2021-Q2SoftenedAnnual report
「Common shares 423 35” “Dividend per share: ¥35」
The interim dividend was ¥35 per share, down from ¥50 in the same period of the previous year. Under its policy of balancing retained earnings with dividends aligned with earnings performance, the level of shareholder returns declined further. - FY2021-Q1SoftenedAnnual report
「19 June 2020 Annual General Meeting of Shareholders Common shares 484 40」
The year-end dividend paid in the first quarter was ¥40 per share, down from ¥55 in the same period of the previous year. - FY2020SoftenedAnnual report
「The Company decided to pay a year-end dividend of ¥40 per share for the fiscal year ending March 2020. As a result, the annual dividend was ¥90 per share, and the dividend payout ratio based on equity attributable to owners of the parent was 1.7%.」
The policy of balancing retained earnings with dividends aligned with earnings performance was maintained, but the annual dividend was ¥90 per share, down from ¥110 in the previous fiscal year. - FY2020-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 30 October 2019, the Company resolved to pay an interim dividend to shareholders recorded on the shareholder register as of 30 September 2019, as follows: ① Total dividends: ¥605 million ② Dividend per share: ¥50」
The Company paid an interim dividend of ¥50 per share, totaling ¥605 million, under its policy of balancing retained earnings with dividends aligned with earnings performance. - FY2020-Q2SoftenedAnnual report
「At a meeting of the Board of Directors held on 30 October 2019, the Company resolved to pay an interim dividend to shareholders recorded on the shareholder register as of 30 September 2019, as follows: ① Total dividends: ¥605 million ② Dividend per share: ¥50」
Under its policy of balancing retained earnings with dividends aligned with earnings performance, the interim dividend was ¥50 per share, down from ¥55 in the same period of the previous year. - FY2020-Q1RestatedAnnual report
「14 June 2019 Annual General Meeting of Shareholders Common shares Total dividends: ¥665 million Dividend per share: ¥55」
As in the previous fiscal year, a dividend of ¥55 per share, totaling ¥665 million, was paid. - FY2019-Q2RestatedAnnual report
「Regarding the interim dividend for the 117th fiscal period (from 1 April 2018 to 31 March 2019), the Board of Directors resolved at its meeting held on 31 October 2018 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2018. ① Total dividends: ¥665 million ② Amount per share: ¥55」
Under the policy of balancing retained earnings with dividends in line with performance, an interim dividend of ¥55 per share, totaling ¥665 million, was approved. - FY2019-Q1RestatedAnnual report
「Total dividends: ¥665 million Dividend per share (yen): 55」
Under the basic policy of balancing retained earnings with dividends in line with performance, a dividend was paid based on 31 March 2018 as the record date, totaling ¥665 million, or ¥55 per share. - FY2018-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 30 October 2017, a resolution was passed to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2017. ① Total dividends: ¥611 million ② Amount per share: ¥10」
Under the basic policy of balancing retained earnings with dividends in line with performance, the interim dividend was set at ¥10 per share, totaling ¥611 million. - FY2018-Q1RestatedAnnual report
「Total dividends: ¥550 million Dividend per share (yen): 9」
Based on the annual general meeting of shareholders held on 14 June 2017, a dividend of ¥9 per share, totaling ¥550 million, was paid. - FY2017RestatedAnnual report
「Our basic policy is to strengthen the corporate structure further so that it can withstand intensifying competition for orders in the industry, build up retained earnings in consideration of future business development and other factors, and pay dividends in line with performance.」
The policy of balancing retained earnings with performance-linked dividends was reiterated, and the annual dividend for the fiscal year was set at ¥18. - FY2017-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 28 October 2016, a resolution was passed to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2016. ② Amount per share: ¥9」
In line with the basic policy of paying dividends in line with performance, an interim dividend of ¥9 per share was approved. - FY2016First statedAnnual report
「Our basic policy is to strengthen the corporate structure further so that it can withstand intensifying competition for orders in the industry, build up retained earnings in consideration of future business development and other factors, and pay dividends in line with performance.」
The policy sets out both retained earnings to strengthen the corporate structure and support business development, and shareholder returns in line with performance. The annual dividend for the fiscal year was ¥18.