Balancing retained earnings and stable dividends
First written in FY2016. 4 of 22 entries say "Restated". Latest entry: 2026-11-04.
- FY2026ReframedAnnual report
「From the fiscal year ending March 2027, we will adopt a new management indicator, DOE* (dividend on equity attributable to shareholders) of 3%. Through this measure, we aim to improve dividend predictability and optimize shareholders' equity, while pursuing stable dividends and further strengthening shareholders' equity.」
The policy was changed from targeting a consolidated dividend payout ratio of approximately 30% to adopting DOE of 3% as a new dividend indicator from the fiscal year ending March 2027. - FY2026-H1Cited as achievedAnnual report
「25 June 2025 Annual General Meeting of Shareholders Common shares 1,425 20.0 31 March 2025 26 June 2025 Retained earnings」
The record shows that the year-end dividend for the fiscal year ending March 2025 was paid on 26 June 2025 at ¥20 per share, for a total amount of ¥1.425 billion. - FY2025RaisedAnnual report
「Based on this policy, after comprehensively considering performance for the fiscal year ending March 2025 and the future business environment, we decided to increase the year-end dividend by ¥1.00 per share from the previous fiscal year-end, to ¥20.00 per share.」
Under the policy targeting a consolidated dividend payout ratio of approximately 30%, the year-end dividend was increased from ¥19 per share in the previous fiscal year to ¥20 per share. - FY2025-H1Cited as achievedAnnual report
「26 June 2024 Annual General Meeting of Shareholders Common shares 1,353 19.0 31 March 2024 27 June 2024 Retained earnings」
The record shows that the year-end dividend for the fiscal year ending March 2024 was paid on 27 June 2024 at ¥19 per share, for a total amount of ¥1.353 billion. - FY2024RaisedAnnual report
「Based on this policy, after comprehensively considering performance for the fiscal year ending March 2024 and the future business environment, we decided to increase the year-end dividend by ¥10.50 per share from the previous fiscal year-end, to ¥19.00 per share.」
Under the policy targeting a consolidated dividend payout ratio of approximately 30%, the year-end dividend was increased from ¥8.50 per share to ¥19 per share. - FY2024-Q1Cited as achievedAnnual report
「27 June 2023 Annual General Meeting of Shareholders Common shares 503 8.5 31 March 2023 28 June 2023 Retained earnings」
The record shows that the year-end dividend for the fiscal year ending March 2023 was paid on 28 June 2023 at ¥8.50 per share, for a total amount of ¥503 million. - FY2023SoftenedAnnual report
「Based on this policy, after comprehensively considering performance for the fiscal year ending March 2023 and the future business environment, we regrettably decided to reduce the year-end dividend by ¥5.50 per share from the previous fiscal year-end, to ¥8.50 per share.」
While maintaining the stable dividend policy targeting a consolidated dividend payout ratio of approximately 30%, the year-end dividend was reduced from ¥14 per share in the previous fiscal year to ¥8.50 per share, a decrease of ¥5.50. - FY2022RaisedAnnual report
「We regard the return of profits to shareholders as one of our key policies. Our basic policy is to continue paying stable dividends, targeting a consolidated dividend payout ratio of approximately 30%, after securing the retained earnings necessary to strengthen our management base and support future business expansion, while taking into consideration performance, tax conditions and other factors. Based on this policy, we decided to pay a year-end dividend of ¥14 per share for the current fiscal year.」
The company added a target consolidated dividend payout ratio of approximately 30% to its previous stable dividend policy and resumed dividends at ¥14 per share after paying no dividend for the fiscal year ending March 2021. - FY2021SoftenedAnnual report
「However, for the fiscal year ending March 2021, orders declined sharply due to the spread of COVID-19. Although we pursued measures including fixed-cost reductions, we recorded a net loss attributable to owners of the parent, and regrettably decided not to pay a dividend.」
While maintaining stable dividends as its basic policy, the company did not pay a dividend for the fiscal year ending March 2021, resulting in no dividend compared with ¥6 per share in the previous fiscal year. - FY2021-Q1SoftenedAnnual report
「25 June 2020 Annual General Meeting of Shareholders Common shares 355 6.00 31 March 2020 26 June 2020 Retained earnings」
A year-end dividend of ¥6 per share was paid from retained earnings. The dividend decreased from ¥11 per share in the previous fiscal year, weakening the track record of stable dividends. - FY2020-Q1Cited as achievedAnnual report
「26 June 2019 Annual General Meeting of Shareholders Common shares 651 11.00 31 March 2019 27 June 2019 Retained earnings」
The year-end dividend of ¥11 per share for the fiscal year ending March 2019 under the stable dividend policy was paid, with a total amount of ¥651 million and an effective date of 27 June 2019. - FY2019AdvancedAnnual report
「Based on this policy, we decided to increase the year-end dividend for the fiscal year ending March 2019 by ¥1.00 per share from the previous fiscal year-end, to ¥11.00 per share.」
Under the stable dividend policy, the year-end dividend was increased from ¥10 per share in the previous fiscal year to ¥11 per share. - FY2019-Q1AdvancedAnnual report
「28 June 2018 Annual General Meeting of Shareholders Common shares 591 10.00 31 March 2018 29 June 2018 Retained earnings」
The year-end dividend of ¥10 per share funded by profit for the previous fiscal year was paid, with a total amount of ¥591 million and an effective date of 29 June 2018. - FY2018AdvancedAnnual report
「As operating income, ordinary income and net income attributable to owners of the parent all increased, driven by higher sales, particularly in the automotive sector, and improved profitability through higher productivity, we will pay a year-end dividend of ¥10 per share for the fiscal year.」
Under the policy of continuing stable dividends while securing retained earnings, the year-end dividend was increased from ¥6.50 per share in the previous fiscal year to ¥10 per share in the current fiscal year. - FY2017RestatedAnnual report
「Our basic policy is to continue paying stable dividends after securing the retained earnings necessary to strengthen our management base and support future business expansion, taking into consideration performance, financial condition and other factors.」
We reconfirmed our basic policy of continuing stable dividends while securing retained earnings, and paid a year-end dividend of ¥6.50 per share for the fiscal year. - FY2016First statedAnnual report
「Our basic policy is to provide stable dividends while strengthening retained earnings to support business expansion and maintain and enhance competitiveness.」
Our basic policy is to provide stable dividends while securing retained earnings. No year-end dividend was paid for the fiscal year.