Progressive Dividend Policy Based on ROE of 10% or More and DOE of 3%
First written in FY2023-Q2. 2 of 4 entries say "Restated". Latest entry: FY2025.
11 other companies' latest entry also says "Raised".
- FY2025RaisedAnnual report
「Regarding shareholder returns, we will raise the DOE (dividend on equity) benchmark for shareholder returns from 3% to 4% and will implement progressive dividends while maintaining financial soundness, unless this would have a material impact on performance.」
While maintaining its target of ROE of at least 10%, the Company raised the DOE standard for progressive dividends from 3% to 4%. - FY2023RestatedAnnual report
「For capital efficiency, the Company has set ROE of at least 10% as a target indicator and aims to increase corporate value over the medium to long term by actively investing in human capital, research and development, and other areas that form the foundation for improved performance and business expansion. For shareholder returns, it has set a DOE of 3% as the standard and will pay progressive dividends while maintaining financial soundness, unless doing so would have a material impact on performance.」
The Company reconfirmed its capital policy centered on ROE of at least 10% and progressive dividends based on a DOE of 3%. - FY2023-Q3RestatedAnnual report
「As announced on 8 November 2022, the Company revised its basic capital policy to achieve sustained growth in shareholder value and decided to pay progressive dividends based on a DOE of 3%.」
The Company reconfirmed the revised capital policy centered on ROE of at least 10% and progressive dividends based on a DOE of 3%. - FY2023-Q2First statedAnnual report
「For capital efficiency, the Company aims for ROE of at least 10%. For shareholder returns, it will pay progressive dividends based on a DOE of 3%.」
The revised capital policy disclosed, for the first time, a capital efficiency target of ROE of at least 10% and a progressive dividend policy based on a DOE of 3%.