Shareholder returns based primarily on a 35% consolidated payout ratio
First written in FY2016. 14 of 31 entries say "Advanced", first in FY2017. Latest entry: FY2026.
51 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「While targeting a 35% payout ratio, we have set a dividend-on-equity (DOE) floor of 3.0% and will work to enhance the return of profits to shareholders.」
In addition to the previous policy of targeting a 35% payout ratio, a DOE floor of 3.0% was introduced. The annual dividend increased from ¥70 in the previous fiscal year to ¥100, while the payout ratio for the current fiscal year was 109.46%. - FY2026-H1AdvancedAnnual report
「Regarding the interim dividend for the 67th fiscal year (1 April 2025 to 31 March 2026), the Board of Directors resolved at its meeting held on 13 November 2025 to pay an interim dividend to shareholders recorded in the shareholder register as of 30 September 2025, as follows. ① Total dividends: ¥277.605 million ② Dividend per share: ¥45.00」
The interim dividend was ¥45 per share, up from ¥39 in the same period of the previous fiscal year. The return of profits to shareholders and an increase in the specific dividend amount are disclosed. - FY2025-H1SoftenedAnnual report
「At the Board of Directors meeting held on 13 November 2024, it was resolved to pay an interim dividend to shareholders recorded in the shareholder register as of 30 September 2024, as follows. ① Total dividends: ¥240.315 million ② Dividend per share: ¥39.00」
The interim dividend was ¥39 per share, down from ¥51 in the same period of the previous fiscal year. The return of profits to shareholders continues, but the dividend was lower than in the immediately preceding fiscal year. - FY2024AdvancedAnnual report
「Regarding the appropriation of retained earnings for the fiscal year, under the basic policy, the year-end dividend is ¥266 per share. Together with the interim dividend of ¥51 per share already paid, the annual dividend is ¥317 per share.」
The policy of targeting a 35% payout ratio was maintained, and the annual dividend increased from ¥245 in the previous fiscal year to ¥317. The actual payout ratio was 37.13%. - FY2024-Q3RestatedAnnual report
「Regarding the interim dividend for the 65th fiscal year (1 April 2023 to 31 March 2024), the Board of Directors resolved at its meeting held on 14 November 2023 to pay an interim dividend to shareholders recorded in the shareholder register as of 30 September 2023, as follows, and the dividend has been paid. ① Total dividends: ¥314.081 million ② Dividend per share: ¥51.00」
Under the policy of returning profits to shareholders based on a consolidated payout ratio of 35%, an interim dividend of ¥51 per share was paid. There was no change in the dividend amount from the previous quarterly report. - FY2024-Q2AdvancedAnnual report
「Regarding the interim dividend for the 65th fiscal year (1 April 2023 to 31 March 2024), the Board of Directors resolved at its meeting held on 14 November 2023 to pay an interim dividend to shareholders recorded in the shareholder register as of 30 September 2023, as follows. ① Total dividends: ¥314.081 million ② Dividend per share: ¥51.00」
An interim dividend of ¥51 per share was approved, up from ¥46 in the same period of the previous fiscal year. The concrete implementation of the policy of returning profits to shareholders based on a consolidated payout ratio of 35% continues. - FY2023AdvancedAnnual report
「Regarding the appropriation of retained earnings for the fiscal year, under the basic policy, the year-end dividend is ¥199 per share. Together with the interim dividend of ¥46 per share already paid, the annual dividend is ¥245 per share.」
Under the policy of targeting a 35% payout ratio, the annual dividend was increased from ¥85 in the previous fiscal year to ¥245. The actual payout ratio was 35.30%. - FY2023-Q3RestatedAnnual report
「Regarding the interim dividend for the 64th fiscal year (1 April 2022 to 31 March 2023), the Board of Directors resolved at its meeting held on 11 November 2022 to pay an interim dividend to shareholders recorded in the shareholder register as of 30 September 2022, as follows, and the dividend has been paid. ① Total dividends: ¥283.143 million ② Dividend per share: ¥46.00」
Under the policy of returning profits to shareholders based on a consolidated payout ratio of 35%, an interim dividend of ¥46 per share was paid. This was the same as the interim dividend disclosed previously, with no material change in the policy or dividend level. - FY2023-Q2AdvancedAnnual report
「Regarding the interim dividend for the 64th fiscal year (1 April 2022 to 31 March 2023), the Board of Directors resolved at its meeting held on 11 November 2022 to pay an interim dividend to shareholders recorded in the shareholder register as of 30 September 2022, as follows. ① Total dividends: ¥283.143 million ② Dividend per share: ¥46.00」
An interim dividend of ¥46 per share was approved. This increased from the previous year's interim dividend of ¥39, marking further progress in the concrete implementation of the policy of returning profits to shareholders based on a consolidated payout ratio of 35%. - FY2022AdvancedAnnual report
「Regarding the appropriation of retained earnings for the fiscal year, under the basic policy, the year-end dividend is ¥46 per share. Together with the interim dividend of ¥39 per share already paid, the annual dividend is ¥85 per share.」
Under the policy of targeting a 35% payout ratio, the annual dividend was increased from ¥78 in the previous fiscal year to ¥85. The actual payout ratio was 34.96%. - FY2022-Q2AdvancedAnnual report
「Regarding the interim dividend for the 63rd fiscal year (1 April 2021 to 31 March 2022), the Board of Directors resolved at its meeting held on 11 November 2021 to pay an interim dividend to shareholders recorded in the shareholder register as of 30 September 2021, as follows. ① Total dividends: ¥239.619 million ② Dividend per share: ¥39.00」
An interim dividend of ¥39 per share was approved, up from ¥30 in the same period of the previous fiscal year. The specific dividend amount is increasing under the policy of returning profits to shareholders based on a consolidated payout ratio of 35%. - FY2022-Q1AdvancedAnnual report
「Annual General Meeting of Shareholders held on 24 June 2021; common shares; ¥294.745 million; dividend per share: ¥48; record date: 31 March 2021; effective date: 25 June 2021; retained earnings」
A year-end dividend of ¥48 per share was paid for the fiscal year ended March 2021. This increased from the previous fiscal year's year-end dividend of ¥36, representing tangible progress in the return of profits to shareholders. - FY2021-Q2AdvancedAnnual report
「Regarding the interim dividend for the 62nd fiscal year (1 April 2020 to 31 March 2021), the Board of Directors resolved at its meeting held on 12 November 2020 to pay an interim dividend to shareholders recorded in the shareholder register as of 30 September 2020, as follows. ① Total dividends: ¥184.216 million ② Dividend per share: ¥30.00 ③ Effective date of the dividend receivable and payment commencement date: 8 December 2020」
An interim dividend of ¥30 per share was approved, up from ¥28 in the same period of the previous fiscal year. The specific dividend amount is increasing while the return of profits to shareholders continues. - FY2021-Q1RestatedAnnual report
「Annual General Meeting of Shareholders held on 23 June 2020; common shares; ¥220.921 million; dividend per share: ¥36; record date: 31 March 2020; effective date: 24 June 2020; retained earnings」
A year-end dividend of ¥36 per share was paid for the fiscal year ended March 2020. This was the same as the year-end dividend for the previous fiscal year, continuing the return of profits to shareholders. - FY2020RestatedAnnual report
「Regarding the appropriation of retained earnings, under the basic policy, the year-end dividend is ¥36 per share. Together with the interim dividend of ¥28 per share already paid, the annual dividend is ¥64 per share.」
The policy of targeting a 35% payout ratio was maintained, and the annual dividend was set at ¥64, unchanged from the previous fiscal year. - FY2020-Q2RestatedAnnual report
「Regarding the interim dividend for the 61st fiscal year (1 April 2019 to 31 March 2020), the Board of Directors resolved at its meeting held on 13 November 2019 to pay an interim dividend to shareholders recorded in the shareholder register as of 30 September 2019, as follows. ① Total dividends: ¥171.830 million ② Dividend per share: ¥28.00 ③ Effective date of the dividend receivable and payment commencement date: 9 December 2019」
Under the policy of returning profits to shareholders based on a consolidated payout ratio of 35%, the payment of an interim dividend of ¥28 per share was approved. - FY2019AdvancedAnnual report
「Regarding the appropriation of retained earnings, under the basic policy, the year-end dividend is ¥36 per share. Together with the interim dividend of ¥28 per share already paid, the annual dividend is ¥64 per share.」
While maintaining the policy of targeting a 35% payout ratio, the annual dividend was increased from ¥58 in the previous fiscal year to ¥64. Dividends of ¥28 per share at the interim period and ¥36 at year-end are being paid twice a year. - FY2019-Q3RestatedAnnual report
「Regarding the interim dividend for the 60th fiscal year (1 April 2018 to 31 March 2019), the Board of Directors resolved at its meeting held on 12 November 2018 to pay an interim dividend to shareholders recorded in the shareholder register as of 30 September 2018, as follows, and the dividend has been paid. ① Total dividends: ¥171.632 million ② Dividend per share: ¥28.00」
No change to the policy of targeting a consolidated payout ratio of 35% has been disclosed. The payment of an interim dividend of ¥28 per share has been reconfirmed. - FY2019-Q2AdvancedAnnual report
「Regarding the interim dividend for the 60th fiscal year, from 1 April 2018 to 31 March 2019, the Board of Directors resolved at its meeting held on 12 November 2018 to pay an interim dividend to shareholders recorded in the shareholder register as of 30 September 2018, as follows: ① Total dividends: ¥171,632 thousand ② Dividend per share: ¥28.00 ③ Effective date of dividend claim and payment commencement date: 10 December 2018」
No change to the policy based primarily on a consolidated dividend payout ratio of 35% was stated. The interim dividend was ¥28 per share, up from ¥21 in the same period of the previous year. - FY2019-Q1RestatedAnnual report
「22 June 2018, annual general meeting of shareholders, common shares, total dividends: ¥226,799 thousand, dividend per share: ¥37, record date: 31 March 2018, effective date: 25 June 2018, retained earnings」
A year-end dividend of ¥37 per share was paid for the fiscal year ended March 2018. No change to the policy based primarily on a consolidated dividend payout ratio of 35% was stated. - FY2018AdvancedAnnual report
「We have distributed returns to shareholders based primarily on a consolidated dividend payout ratio of 35%. Regarding the distribution of surplus for the current fiscal year, we decided to pay a year-end dividend of ¥37 per share, comprising an ordinary dividend of ¥31 and a 60th anniversary commemorative dividend of ¥6, bringing the annual dividend to ¥58 per share together with the interim dividend of ¥21 per share already paid.」
The Company continued its policy based primarily on a consolidated dividend payout ratio of 35% and increased the annual dividend from ¥39 in the previous fiscal year to ¥58. Of this amount, ¥6 was a 60th anniversary commemorative dividend. - FY2018-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 13 November 2017, the Company resolved to pay an interim dividend to shareholders recorded in the shareholder register as of 30 September 2017, and made the payment as follows: ① Total dividends: ¥127,839 thousand ② Dividend per share: ¥21.00 ③ Effective date of dividend claim and payment commencement date: 8 December 2017」
An interim dividend of ¥21 per share was paid, continuing the Company's policy of returning profits. No change to the policy based primarily on a consolidated dividend payout ratio of 35% was stated. - FY2018-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 13 November 2017, the Company resolved to pay an interim dividend to shareholders recorded in the shareholder register as of 30 September 2017, as follows: ① Total dividends: ¥127,839 thousand ② Dividend per share: ¥21.00 ③ Effective date of dividend claim and payment commencement date: 8 December 2017」
The Company continued returning profits and approved an interim dividend of ¥21 per share with 30 September 2017 as the record date. No change to the policy based primarily on a consolidated dividend payout ratio of 35% was stated. - FY2018-Q1RestatedAnnual report
「23 June 2017, annual general meeting of shareholders, common shares, total dividends: ¥163,826 thousand, dividend per share: ¥27, record date: 31 March 2017, effective date: 26 June 2017, retained earnings」
A year-end dividend of ¥27 per share was paid for the fiscal year ended March 2017. No change to the policy based primarily on a consolidated dividend payout ratio of 35% was stated. - FY2017AdvancedAnnual report
「We have distributed returns to shareholders based primarily on a consolidated dividend payout ratio of 35%. Regarding the distribution of surplus for the current fiscal year, we decided to pay a year-end dividend of ¥27 per share, bringing the annual dividend to ¥39 per share together with the interim dividend of ¥12 per share already paid.」
The Company maintained its policy based primarily on a consolidated dividend payout ratio of 35% and paid an annual dividend of ¥39 for the current fiscal year, comprising an interim dividend of ¥12 and a year-end dividend of ¥27. - FY2017-Q3RestatedAnnual report
「① Total dividends: ¥72,788 thousand ② Dividend per share: ¥12.00」
The Company stated that it would continue paying an interim dividend with 30 September 2016 as the record date, continuing its policy of returning profits. No change to the policy based primarily on a consolidated dividend payout ratio of 35% was stated. - FY2017-Q2RestatedAnnual report
「① Total dividends: ¥72,788 thousand ② Dividend per share: ¥12.00」
Regarding the interim dividend with 30 September 2016 as the record date, a total dividend of ¥72,788 thousand, or ¥12 per share, was approved. No change to the policy based primarily on a consolidated dividend payout ratio of 35% was stated. - FY2016First statedAnnual report
「We have distributed returns to shareholders based primarily on a consolidated dividend payout ratio of 35%.」
The policy is to return profits after considering stable dividends, consolidated results, funds for business investment and the financial position. The annual dividend for the current fiscal year is ¥25.