Stable Long-Term Dividends Paid Twice a Year with a 50% Payout Ratio Target
First written in FY2017. 5 of 11 entries say "Restated". Latest entry: 2026-09-03.
70 other companies' latest entry also says "Restated".
- FY2025Actual payout ratio rose from 55.5% to 72.8%Annual report
「As a result, the payout ratio for the fiscal year was 72.8%, and the dividend-on-equity ratio was 1.7%.」
While maintaining its policy of a target payout ratio of 50% and stable long-term dividends paid twice a year, the actual payout ratio rose from 55.5% in the previous fiscal year to 72.8%. Annual dividends were ¥32. - FY2024Actual payout ratio fell from 68.4% to 55.5%, while annual dividends increased to ¥35Annual report
「Accordingly, the payout ratio for the fiscal year was 55.5%, and the dividend-on-equity ratio was 1.9%.」
While maintaining its policy of a target payout ratio of 50% and stable long-term dividends paid twice a year, the actual payout ratio fell from 68.4% in the previous fiscal year to 55.5%. Annual dividends, including the 70th anniversary commemorative dividend, were ¥35. - FY2023Payout ratio fell from 96.0% to 68.4%Annual report
「Accordingly, the payout ratio for the fiscal year was 68.4%, and the dividend-on-equity ratio was 1.7%.」
While maintaining its policy of a target payout ratio of 50% and annual dividends of ¥32, the actual payout ratio fell from 96.0% in the previous fiscal year to 68.4%. - FY2022Payout ratio rose to 96.0%Annual report
「Accordingly, the payout ratio for the fiscal year was 96.0%, and the dividend-on-equity ratio was 1.8%.」
While maintaining its policy of a target payout ratio of 50% and annual dividends of ¥32, the actual payout ratio rose from 91.0% in the previous fiscal year to 96.0%. - FY2021Payout ratio rose to 91.0%Annual report
「Accordingly, the payout ratio for the fiscal year was 91.0%, and the dividend-on-equity ratio was 1.8%.」
While maintaining its basic policy of targeting a 50% payout ratio, the company paid annual dividends of ¥32, and the actual payout ratio rose from 67.5% in the previous fiscal year to 91.0%. - FY2020RestatedAnnual report
「The Company recognizes the return of profits to shareholders as an important management issue. While working to improve operating performance and strengthen its financial position, its basic policy is to target a payout ratio of 50% of net income and distribute profits on a long-term, stable basis through dividends paid twice a year, consisting of interim and year-end dividends.」
The company maintains its basic policy of a 50% payout ratio, dividends twice a year, and stable long-term dividends. The actual payout ratio was 67.5%. - FY2019RestatedAnnual report
「The year-end dividend for the fiscal year was set at ¥16 per share, with an interim dividend of ¥16 per share paid, and the annual dividend was set at ¥32 per share.」
The company paid an interim dividend of ¥16, a year-end dividend of ¥16, and total annual dividends of ¥32. The payout ratio was 68.2%. - FY2018RestatedAnnual report
「The Company recognizes the return of profits to shareholders as an important management issue. While working to improve operating performance and strengthen its financial position, its basic policy is to target a payout ratio of 50% of net income and distribute profits on a long-term, stable basis through dividends paid twice a year, consisting of interim and year-end dividends.」
The company maintains its basic policy of a 50% payout ratio, dividends twice a year, and stable long-term profit distribution. - FY2017First statedAnnual report
「The Company recognizes the return of profits to shareholders as an important management issue. While working to improve operating performance and strengthen its financial position, its basic policy is to target a payout ratio of 50% of net income and distribute profits on a long-term, stable basis through dividends paid twice a year, consisting of interim and year-end dividends.」
The Company has stated a basic policy of targeting a 50% payout ratio and distributing earnings on a long-term, stable basis through interim and year-end dividends paid twice a year.