Balancing stable dividends with growth investment funded by retained earnings
First written in FY2016. 16 of 27 entries say "Restated". Latest entry: 2026-10-05.
- 2026-10-05Softenedmedia.unisba.ac.id
「The decision to pay no interim dividend on 23 October 2025 has been cited as a major event.」
The decision to set the interim dividend at zero was reported, indicating that the previous stable dividend policy has weakened. - 2026-09-30RestatedEarnings
「Fiscal year ending March 2026 (forecast) 0.00 0.00」
Following the interim dividend, the company has reaffirmed that its forecast for the year-end dividend and full-year dividend for the fiscal year ending March 2026 is also zero. - FY2026SoftenedAnnual report
「The Board of Directors resolved that the dividend from retained earnings with 30 September 2025 as the record date, and the dividend from retained earnings with 31 March 2026 as the record date, would both be zero.」
The annual report confirms that both the interim and year-end dividends were set at zero, contrary to the previous policy of maintaining stable dividends. - 2026-05-27SoftenedGeneral Meetings of Shareholders
「With respect to the year-end dividend for the 53rd fiscal year, because finalizing the financial statements for the 53rd fiscal year will not meet the procedural deadline for paying the dividend, the Board of Directors resolved at its meeting held on 3 March 2026, with deep regret, to forgo the dividend payment, resulting in no dividend.」
The decision not to pay a year-end dividend has been reiterated, while the resumption of stable dividend payments is presented as a future policy. - FY2026-H1SoftenedAnnual report
「At a meeting of the Board of Directors held on 23 October 2025, the company resolved that the dividend from retained earnings, with 30 September 2025 as the record date, would be zero.」
Contrary to the previous policy of maintaining stable dividends, the interim dividend was set at zero. The year-end dividend is also undecided at this time. - FY2025-H1AdvancedAnnual report
「The total dividend approved by the Board of Directors on 24 May 2024 includes ¥19 million in dividends on the company's shares held by the executive compensation BIP trust and the share delivery ESOP trust.」
The interim dividend resolved on 24 May 2024 was ¥40 per share, and the company has disclosed that it will continue paying dividends. - FY2024AdvancedAnnual report
「In view of the results for the fiscal year, as described separately, and in response to the support of shareholders and investors, we decided to pay a year-end dividend of ¥40 in addition to the interim dividend of ¥35. As a result, the consolidated dividend payout ratio for the fiscal year was 34.4%.」
The annual dividend increased to ¥75 from ¥70 in the previous fiscal year. The company continues its policy of stable dividends, retained earnings and investment in business expansion. - FY2024-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 23 October 2023, it was resolved to pay dividends to shareholders recorded in the shareholder registry as of 30 September 2023 as follows: ① Total dividends: ¥20,128 million ② Dividend per share: ¥35.00」
The company paid an interim dividend of ¥35 per share and disclosed the continued payment of dividends. - FY2024-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 23 October 2023, it was resolved to pay dividends to shareholders recorded in the shareholder registry as of 30 September 2023 as follows: ① Total dividends: ¥20,128 million ② Dividend per share: ¥35.00」
The company resolved to pay an interim dividend of ¥35 per share and disclosed the continued payment of dividends. - FY2023AdvancedAnnual report
「In view of the results for the fiscal year, as described separately, and in response to the support of shareholders and investors, we decided to pay a year-end dividend of ¥35 in addition to the interim dividend of ¥35. As a result, the consolidated dividend payout ratio for the fiscal year was 89.5%.」
The annual dividend increased to ¥70 from ¥65 in the previous fiscal year. The dividend payout ratio was 89.5%. - FY2023-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 26 May 2022, it was resolved that total dividends on common shares would be ¥20,326 million and the dividend per share would be ¥35.00.」
The company paid a year-end dividend of ¥35 per share and continues to return profits to shareholders in line with its stable dividend policy. - FY2022AdvancedAnnual report
「In view of the results for the fiscal year, as described separately, and in response to the support of shareholders and investors, we decided to pay a year-end dividend of ¥35 in addition to the interim dividend of ¥30. As a result, the consolidated dividend payout ratio for the fiscal year was 27.7%.」
The company paid an interim dividend of ¥30, a year-end dividend of ¥35 and an annual dividend of ¥65, continuing its policy of stable dividends, retained earnings and investment in business expansion. - FY2022-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 26 October 2021, it was resolved to pay dividends to shareholders recorded in the shareholder registry as of 30 September 2021 as follows: ① Total dividends: ¥17,574 million ② Dividend per share: ¥30.00」
The company paid an interim dividend of ¥30 per share and continues to return profits to shareholders in line with its stable dividend policy. - FY2022-Q1RestatedAnnual report
「① Total dividends: ¥17,577 million ② Dividend per share: ¥30.00」
The company paid a year-end dividend of ¥30 per share for the fiscal year ending March 2021 and continues to return profits to shareholders in line with its stable dividend policy. - FY2021RestatedAnnual report
「In view of the results for the fiscal year, as described separately, and in response to the support of shareholders and investors, we decided to pay a year-end dividend of ¥30 in addition to the interim dividend of ¥30. As a result, the consolidated dividend payout ratio for the fiscal year was 28.8%.」
The company disclosed an annual dividend of ¥60 per share after the stock split and continues its policy of stable dividends, retained earnings and business investment. - FY2021-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 26 October 2020, it was resolved to pay dividends to shareholders recorded in the shareholder registry as of 30 September 2020 as follows: ① Total dividends: ¥17,577 million ② Dividend per share: ¥30.00」
The company resolved to pay an interim dividend of ¥30 per share after the stock split and continues to return profits to shareholders in line with its stable dividend policy. - FY2020AdvancedAnnual report
「In view of the results for the fiscal year, as described separately, and in response to the support of shareholders and investors, we decided to pay a year-end dividend of ¥60 in addition to the interim dividend of ¥55. As a result, the consolidated dividend payout ratio for the fiscal year was 56.3%.」
The company paid an interim dividend of ¥55, a year-end dividend of ¥60 and an annual dividend of ¥115, continuing its policy of stable dividends and retaining earnings for business investment even in a fiscal year when earnings declined. - FY2020-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 23 October 2019, it was resolved to pay dividends to shareholders recorded in the shareholder registry as of 30 September 2019 as follows: ① Total dividends: ¥16,191 million ② Dividend per share: ¥55.00」
The company resolved to pay an interim dividend of ¥55 per share and continues to return profits to shareholders in line with its stable dividend policy. - FY2019AdvancedAnnual report
「In view of the results for the fiscal year, as described separately, and in response to the support of shareholders and investors, we decided to pay a year-end dividend of ¥55 in addition to the interim dividend of ¥50. As a result, the consolidated dividend payout ratio for the fiscal year was 27.9%.」
The company paid an interim dividend of ¥50, a year-end dividend of ¥55 and an annual dividend of ¥105, reporting results in line with its policy of combining stable dividends with retained earnings and investment in business expansion. - FY2019-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 23 October 2018, it was resolved to pay dividends to shareholders recorded in the shareholder registry as of 30 September 2018 as follows: ① Total dividends: ¥14,719 million ② Dividend per share: ¥50.00」
The company resolved to pay an interim dividend of ¥50 per share and continues to return profits to shareholders in line with its stable dividend policy. - FY2019-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 28 May 2018, it was resolved to pay dividends to shareholders recorded in the shareholder registry as of 31 March 2018 as follows: ① Total dividends: ¥14,798 million ② Dividend per share: ¥50.00」
The company paid a year-end dividend of ¥50 per share and continues to return profits to shareholders in line with its stable dividend policy. - FY2018RestatedAnnual report
「Our dividend policy is to maintain stable dividends while working to increase dividends in line with consolidated net income, and at the same time to build retained earnings in preparation for further strengthening our corporate structure and promoting proactive business development.」
The company paid an interim dividend of ¥45, a year-end dividend of ¥50 and an annual dividend of ¥95, reaffirming its policy of combining stable dividends with retained earnings and investment in business expansion. - FY2018-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 24 October 2017, it was resolved to pay dividends to shareholders recorded in the shareholder registry as of 30 September 2017 as follows: ① Total dividends: ¥13,323 million ② Dividend per share: ¥45.00」
The company paid an interim dividend of ¥45 per share and continues to pay dividends in line with its stable dividend policy. - FY2017RestatedAnnual report
「Our dividend policy is to maintain stable dividends while working to increase dividends in line with consolidated net income, and at the same time to build retained earnings in preparation for further strengthening our corporate structure and promoting proactive business development.」
The company reaffirmed its policy of combining stable dividends, dividend increases in line with earnings, retained earnings and growth investment. It paid a year-end dividend of ¥45, bringing the annual dividend to ¥85. - FY2017-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 24 October 2016, it was resolved to pay dividends to shareholders recorded in the shareholder registry as of 30 September 2016 as follows.」
The company reiterated the resolution to pay an interim dividend of ¥40 per share and the payment made on 1 December 2016. - FY2017-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 24 October 2016, it was resolved to pay dividends to shareholders recorded in the shareholder registry as of 30 September 2016 as follows: ① Total dividends: ¥11,864 million ② Dividend per share: ¥40.00」
The company resolved to pay a dividend of ¥40 per share and stated that the dividend would be paid in line with its stable dividend policy. - FY2016First statedAnnual report
「While maintaining stable dividends, we will work to increase dividends in line with consolidated net income, while also building retained earnings in preparation for further strengthening our corporate structure and promoting proactive business development.」
The capital allocation policy combines stable dividends, dividend increases in line with earnings, retained earnings and investment in business expansion.