Komori
Denso (6902) · PolicyRaised

Continuous Improvement in Long-Term Stable Dividend Levels

First written in FY2016. 19 of 40 entries say "Restated". Latest entry: 2026-07-31.

40entries
11years
6from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2018-Q1RestatedFY2020-Q1 – FY2021-Q3RaisedFY2024 – FY20252016: 220162017: 420172018: 420182019: 420192020: 320202021: 420212022: 320222023: 420232024: 320242025: 220252026: 72026
Same theme, other companies
Stable and ongoing shareholder returns and dividend increase policyA theme 1067 companies write about · 2 as a headwind · 1091 as a tailwind
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Showing 14 of the 193 companies compared. The sentences above are computed from all 193.Comparing 200 of the theme's 1093 threads.
Full recordFilings, disclosures and news, newest first
  1. 2026-07-31RaisedEarnings

    「Fiscal year ending March 2027 (forecast) 37.00 — 37.00 74.00」

    The forecast interim and year-end dividends for the fiscal year ending March 2027 are each ¥37, for an annual forecast dividend of ¥74. The forecast dividend level has increased from the previous year's actual interim dividend of ¥32, year-end dividend of ¥35 and annual dividend of ¥67.
  2. FY2026RaisedAnnual report

    「Going forward, under the 2030 medium-term management plan “CORE 2030,” we will seek to steadily raise DOE over the long term, with a target of DOE of 4.0% or more in fiscal 2030.」

    The policy was raised from continuously increasing DOE from the previous 3.0% level to a time-bound target of DOE of 4.0% or more in fiscal 2030. DOE for the current fiscal year is 3.5%.
  4. FY2026-H1RestatedAnnual report

    「At a meeting of the Board of Directors held on 31 October 2025, the following resolutions were passed regarding the interim dividend for the period.” “a. Total interim dividend　¥86,532 million” “b. Dividend per share　¥32.00」

    The interim dividend after the stock split was ¥32 per share, maintaining the same level as ¥32 in the same period of the previous year.
  5. FY2025RaisedAnnual report

    「Regarding dividends, we have adopted DOE (dividend on equity: total dividends ÷ equity attributable to owners of the parent) as a shareholder return metric. Taking capital efficiency, dividend amounts and consolidated results into account, we will pay stable dividends over the long term, with a policy of continuously increasing DOE from 3.0%.」

    The policy of continuously increasing DOE from 3.0% was maintained. The annual dividend before taking the stock split into account was ¥256 per share, and the dividend on equity attributable to owners of the parent was 3.49%.
  6. FY2025-H1RaisedAnnual report

    「At a meeting of the Board of Directors held on 31 October 2024, the following resolutions were passed regarding the interim dividend for the period.” “a. Total interim dividend　¥93,151 million” “b. Dividend per share　¥32.00」

    The interim dividend after the stock split was resolved at ¥32 per share. This represents an increase in the dividend, exceeding the ¥25 obtained by converting the previous year's ¥100 on a pre-stock-split basis to one-quarter.
  7. FY2024RaisedAnnual report

    「Regarding dividends, we have adopted DOE (dividend on equity: total dividends ÷ equity attributable to owners of the parent) as a shareholder return metric. Taking capital efficiency, dividend amounts and consolidated results into account, we will pay stable dividends over the long term, with a policy of continuously increasing DOE from 3.0%.」

    The policy was clarified from DOE of 3.0% or more to “continuous increases in DOE from 3.0%.” The annual dividend before taking the stock split into account was ¥220 per share, an increase from ¥185 in the previous fiscal year.
  8. FY2024-Q3RestatedAnnual report

    「31 October 2023　Board of Directors　74,888　100」

    The interim dividend of ¥100 per share resolved on 31 October 2023 was paid, confirming the higher dividend level indicated in the previous quarter.
  9. FY2024-Q2RaisedAnnual report

    「At a meeting of the Board of Directors held on 31 October 2023, the following resolutions were passed regarding the interim dividend for the period.” “a. Total interim dividend　¥74,888 million” “b. Dividend per share　¥100.00」

    The interim dividend was resolved at ¥100 per share, an increase of ¥10 from ¥90 in the same period of the previous year. The amount is stated on a pre-stock-split basis.
  10. FY2024-Q1RestatedAnnual report

    「At a meeting of the Board of Directors held on 27 April 2023, the following resolutions were passed regarding the year-end dividend.” “a. Total year-end dividend　¥71,141 million” “b. Dividend per share　¥95.00」

    The payment of the fiscal 2022 year-end dividend of ¥95 per share, totaling ¥71.141 billion, was reconfirmed.
  11. FY2023RaisedAnnual report

    「The year-end dividend for the period was ¥95 per share, resulting in a total shareholder dividend for the period of ¥185 per share.」

    The annual dividend was ¥185 per share, an increase of ¥20 from ¥165 in the previous fiscal year. The interim dividend was ¥90 and the year-end dividend was ¥95.
  12. FY2023-Q3RestatedAnnual report

    「At a meeting of the Board of Directors held on 28 October 2022, the following resolutions were passed regarding the interim dividend for the period.” “a. Total interim dividend　¥67,891 million” “b. Dividend per share　¥90.00」

    The interim dividend was set at ¥90 per share, maintaining the higher dividend level indicated in the previous quarter.
  13. FY2023-Q2RaisedAnnual report

    「At a meeting of the Board of Directors held on 28 October 2022, the following resolutions were passed regarding the interim dividend for the period.” “a. Total interim dividend　¥67,891 million” “b. Dividend per share　¥90.00」

    The interim dividend was resolved at ¥90 per share, an increase of ¥10 from ¥80 in the same period of the previous year.
  14. FY2022RaisedAnnual report

    「The year-end dividend for the period was ¥85 per share, resulting in a total shareholder dividend for the period of ¥165 per share.」

    The annual dividend was ¥165 per share, an increase of ¥25 from ¥140 in the previous fiscal year. The interim dividend was ¥80 and the year-end dividend was ¥85.
  15. FY2022-Q3RestatedAnnual report

    「a. Total interim dividend　¥61,622 million　b. Dividend per share　¥80.00」

    An interim dividend of ¥80 per share was paid, confirming the higher dividend level from ¥70 in the previous fiscal year.
  16. FY2022-Q2RaisedAnnual report

    「At a meeting of the Board of Directors held on 29 October 2021, the following resolutions were passed regarding the interim dividend for the period.” “a. Total interim dividend　¥61,622 million” “b. Dividend per share　¥80.00」

    The interim dividend was resolved at ¥80 per share, an increase of ¥10 from ¥70 in the same period of the previous year.
  17. FY2022-Q1RestatedAnnual report

    「At a meeting of the Board of Directors held on 28 April 2021, the following resolution was passed regarding the year-end dividend.” “b. Dividend per share　¥70.00」

    The year-end dividend was set at ¥70 per share, maintaining the previous dividend level.
  18. FY2021ReframedAnnual report

    「From fiscal 2021 onward, we will adopt DOE (dividend on equity: dividends ÷ shareholders’ equity), a metric that reflects the cost of shareholders’ equity and is less susceptible to the effects of single-year results, as a shareholder return metric. Taking consolidated results, capital efficiency and dividend amounts into account, we will pay stable dividends on a long-term and continuous basis, using DOE of 3% or more as the benchmark.」

    From the previous explanation centered on the dividend payout ratio, the policy was reorganized from fiscal 2021 onward to use DOE as the shareholder return metric, with DOE of 3% or more as the benchmark.
  19. FY2021-Q3RestatedAnnual report

    「At a meeting of the Board of Directors held on 29 October 2020, the following resolution was passed regarding the interim dividend for the period.” “b. Dividend per share　¥70.00」

    The interim dividend was set at ¥70 per share, maintaining the same level as in the previous fiscal year.
  20. FY2021-Q2RestatedAnnual report

    「At a meeting of the Board of Directors held on 29 October 2020, the following resolution was passed regarding the interim dividend for the period.” “b. Dividend per share　¥70.00」

    The interim dividend was set at ¥70 per share, maintaining the same level as in the previous fiscal year.
  21. FY2020RestatedAnnual report

    「Regarding the distribution of retained earnings, we intend to raise dividend levels over the long term and on a stable basis while comprehensively considering consolidated results, the dividend payout ratio and dividend amounts.」

    The policy of raising dividend levels over the long term and on a stable basis was reaffirmed, taking consolidated results and other factors into account. The annual dividend was ¥140 per share.
  22. FY2020-Q3RestatedAnnual report

    「At a meeting of the Board of Directors held on 31 October 2019, the following resolutions were passed regarding the interim dividend for the period.” “a. Total interim dividend　¥54,243 million” “b. Dividend per share　¥70.00」

    The interim dividend was resolved at ¥70 per share, maintaining the same level as the previous year's interim dividend.
  23. FY2020-Q2RestatedAnnual report

    「At a meeting of the Board of Directors held on 31 October 2019, the following resolutions were passed regarding the interim dividend for the period.” “a. Total interim dividend　¥54,243 million” “b. Dividend per share　¥70.00」

    The interim dividend was resolved at ¥70 per share, maintaining the same level as the previous year's interim dividend.
  24. FY2020-Q1RestatedAnnual report

    「a. Total year-end dividend　¥54,243 million　b. Dividend per share　¥70.00」

    The year-end dividend for the fiscal year ending March 2019 was set at ¥70 per share, confirming the higher annual dividend level from the previous fiscal year.
  25. FY2019RaisedAnnual report

    「The year-end dividend for the period was ¥70 per share, resulting in a total shareholder dividend for the period of ¥140 per share.」

    The annual dividend was ¥140 per share, an increase of ¥10 from ¥130 in the previous fiscal year.
  26. FY2019-Q3RestatedAnnual report

    「At a meeting of the Board of Directors held on 31 October 2018, the following resolution was passed regarding the interim dividend for the period.” “b. Dividend per share　¥70.00」

    An interim dividend of ¥70 per share was paid, confirming the higher dividend level indicated in the previous quarter.
  27. FY2019-Q2RaisedAnnual report

    「At a meeting of the Board of Directors held on 31 October 2018, the following resolutions were passed regarding the interim dividend for the period.” “a. Total interim dividend　¥54,664 million” “b. Dividend per share　¥70.00」

    The interim dividend was resolved at ¥70 per share, an increase of ¥5 from ¥65 in the same period of the previous year.
  28. FY2019-Q1RestatedAnnual report

    「27 April 2018　Board of Directors　50,684　65」

    A year-end dividend of ¥65 per share was paid, confirming the higher annual dividend level from the previous fiscal year.
  29. FY2018RaisedAnnual report

    「The year-end dividend for the period was ¥65 per share, resulting in a total shareholder dividend for the period of ¥130 per share.」

    The annual dividend was ¥130 per share, an increase of ¥10 from ¥120 in the previous fiscal year. Both the interim and year-end dividends were ¥65.
  30. FY2018-Q3RestatedAnnual report

    「31 October 2017　Board of Directors　50,684　65」

    The interim dividend of ¥65 per share resolved on 31 October 2017 was paid, confirming the higher dividend level indicated in the previous quarter.
  31. FY2018-Q2RaisedAnnual report

    「At a meeting of the Board of Directors held on 31 October 2017, the following resolutions were passed regarding the interim dividend for the period.” “a. Total interim dividend　¥50,684 million” “b. Dividend per share　¥65.00」

    The interim dividend was resolved at ¥65 per share, an increase of ¥5 from the previous year's ¥60 interim dividend.
  32. FY2018-Q1RestatedAnnual report

    「28 April 2017　Board of Directors　47,153　60」

    The year-end dividend resolved on 28 April 2017 was ¥60 per share, maintaining the same level as the previous year's quarterly dividend.
  33. FY2017RestatedAnnual report

    「Regarding dividends, we intend to continue steadily raising dividend levels over the long term while comprehensively considering consolidated results, the dividend payout ratio and dividend amounts.」

    The policy of continued, long-term improvement in stable dividend levels remains in place. The annual dividend for the period is ¥120 per share.
  34. FY2017-Q3RestatedAnnual report

    「28 October 2016　Board of Directors　¥47,432 million　¥60」

    The resolution to pay an interim dividend of ¥60 per share is restated, with no material change in the dividend level.
  35. FY2017-Q2RestatedAnnual report

    「Among dividends with a record date falling within the current second-quarter consolidated cumulative period, those whose effective date falls after the end of the current second-quarter consolidated accounting period” “28 October 2016　Board of Directors　¥47,432 million　¥60」

    The interim dividend was resolved at ¥60 per share, maintaining the same dividend level as in the same period of the previous year.
  36. FY2016First statedAnnual report

    「We intend to continue steadily raising dividend levels over the long term while comprehensively considering consolidated results, the dividend payout ratio and dividend amounts.」

    Based on consolidated results and other factors, the policy is to maintain stable dividends over the long term and continue raising dividend levels.
Moved together

"Shareholder Returns Through Share Repurchases" moved the same way as this thread, in the same document, in 16 of its 40 moves.

1698776★123456
  1. ★This thread
  2. 1Shareholder Returns Through Share Repurchases16×
  3. 2Strategic shareholdings held to maintain and strengthen business relationships9×
  4. 3Capital Investment in Production Expansion, Next-Generation Models and New Product Transitions8×
  5. 4Product Defects, Recalls and Product Liability7×
  6. 5Strengthening Governance and Transparency to Enhance Group Competitiveness7×
  7. 6Strengthening R&D investment, primarily in environmental and safety-related fields6×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Denso's next results are scheduled for 2026-10-29. Read the earnings preview It last moved in the Earnings of 2026-07-31: "Raised".
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Continuous Improvement in Long-Term Stable Dividend Levels | DENSO CORPORATION (6902) | Komori