Stable Dividends Based on Growth Investment and Financial Stability
First written in FY2018. 5 of 10 entries say "Raised", first in FY2024. Latest entry: FY2026.
- FY2026RaisedAnnual report
「The company's profit distribution policy is centered on stable growth dividends, with a target consolidated dividend on equity (DOE) of 2.2%.」
The stable dividend policy was given concrete form as a policy of steadily increasing profit returns alongside improvements in corporate value, with a target DOE of 2.2%. - FY2025RaisedAnnual report
「The company's profit distribution policy is centered on stable growth dividends, with a target consolidated dividend on equity (DOE) of 2.2%.」
The previous stable dividend policy was given concrete form as stable growth dividends, with a target DOE of 2.2%. - FY2024RaisedAnnual report
「Pursue business model innovation and business expansion through M&A and alliances, and enhance shareholder returns through stable growth dividends and share buybacks.」
In addition to its basic stable dividend policy, the company explicitly identifies growth investment through M&A and alliances, as well as shareholder returns including share buybacks, as part of the capital allocation under its new medium-term management plan. - FY2023RestatedAnnual report
「For dividends in each fiscal year, our basic policy is to continue paying stable dividends while taking into account retained earnings for production facilities in growth business fields, technology development investment for new businesses, and market development investment.」
The company continues its basic policy of balancing retained earnings for growth investment with stable dividends. - FY2021RestatedAnnual report
「We regard enhancing shareholder returns as one of our important management priorities. Our basic dividend policy is to continue paying stable dividends for each fiscal year while taking into account retained earnings for production facilities in growth business fields, technology development investment for new businesses and market development investment.」
The company continues its dividend policy of balancing retained earnings for growth investment with stable dividends. It states that financial stability will also be prioritized in the next fiscal year. - FY2020RestatedAnnual report
「We regard enhancing shareholder returns as one of our important management priorities. Our basic dividend policy is to continue paying stable dividends for each fiscal year while taking into account retained earnings for production facilities in growth business fields, technology development investment for new businesses and market development investment.」
The company continues to pursue a basic policy of balancing retained earnings for growth investment, technology development investment and market development investment with stable dividends. It also states that, in light of COVID-19, it places importance on liquidity on hand and financial stability. - FY2018First statedAnnual report
「We regard enhancing shareholder returns as one of our important management priorities. Our basic dividend policy is to continue paying stable dividends for each fiscal year while taking into account retained earnings for production facilities in growth business fields, technology development investment for new businesses and market development investment.」
The company describes a dividend policy that balances retained earnings for growth investment, technology development investment and market development investment with the continuation of stable dividends.