Shareholder Returns Based on Stable Dividends
First written in FY2016. 25 of 37 entries say "Restated". Latest entry: 2026-10-28.
- FY2026ReframedAnnual report
「The basic policy for the allocation of profits is to make decisions based on a comprehensive assessment of earnings performance, financial condition and other factors, using a 3% dividend on equity (DOE) as a guideline together with the consolidated dividend payout ratio and dividend yield, while maintaining stable dividends. … The annual dividend for the current period will be ¥115 per share, an increase of ¥20 from the previous period.」
The policy has changed from the previous approach of using a consolidated dividend payout ratio of 30% as a guideline to one that adds a 3% DOE as a new guideline and uses it together with the consolidated dividend payout ratio and dividend yield. The annual dividend increased to ¥115, up ¥20 from the previous period. - FY2026-H1Increase in interim dividendAnnual report
「At a meeting of the Board of Directors held on 30 October 2025, the following resolution was passed to pay a dividend from retained earnings as an interim dividend. （ロ）Dividend per share: ¥55.00」
No change to the previous policy of maintaining stable dividends and using a consolidated dividend payout ratio of 30% as a guideline was indicated. The interim dividend increased from ¥45 in the same period of the previous year to ¥55. - FY2025-H1Increase in interim dividendAnnual report
「At a meeting of the Board of Directors held on 30 October 2024, the following resolution was passed regarding the interim dividend for the current period. (イ) Total dividends: ¥3,842 million (ロ) Dividend per share: ¥45.00 (ハ) Effective date of dividend payment claim and payment commencement date: 26 November 2024」
There was no change to the previous policy of maintaining stable dividends and using a consolidated dividend payout ratio of 30% as a guideline. The interim dividend increased to ¥45 per share from ¥36 in the same period of the previous year. - FY2024Dividend increase, including a 75th anniversary commemorative dividendAnnual report
「The Company regards shareholder returns as one of its key management policies and has established as its basic policy for the allocation of profits that decisions will be made based on a comprehensive assessment of earnings performance, financial condition and other factors, with a consolidated dividend payout ratio of 30% as a guideline and the continuation of stable dividends as the basic principle. … The annual dividend for the current period will be ¥75 per share, an increase of ¥11 from the previous period.」
While maintaining the basic policy of using a consolidated dividend payout ratio of 30% as a guideline, the annual dividend increased to ¥75, including a ¥5 75th anniversary commemorative dividend, an increase of ¥11 from the previous period. - FY2024-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 30 October 2023, the following resolution was passed regarding the interim dividend for the current period. (イ) Total dividends: ¥3,288 million (ロ) Dividend per share: ¥36.00 (ハ) Effective date of dividend payment claim and payment commencement date: 27 November 2023」
This reiterates the fact that an interim dividend of ¥36 per share, totaling ¥3,288 million, was paid under the shareholder returns policy of maintaining stable dividends. - FY2024-Q2RestatedAnnual report
「Board of Directors meeting held on 30 October 2023 Common shares 3,288 36 30 September 2023 27 November 2023 Retained earnings」
Under the shareholder returns policy of maintaining stable dividends, an interim dividend of ¥36 per share, totaling ¥3,288 million, was approved for the current period. The dividend increased from ¥30 in the same period of the previous year, but no change to the policy was disclosed. - FY2024-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 26 April 2023, the following resolution was passed to pay a dividend from retained earnings. (イ) Total dividends: ¥3,104 million (ロ) Dividend per share: ¥34.00 (ハ) Effective date of dividend payment claim and payment commencement date: 25 May 2023」
Under the shareholder returns policy of maintaining stable dividends, a final dividend of ¥34 per share, totaling ¥3,104 million, was approved and paid for the fiscal year ended March 2023. The final dividend in the same period of the previous year was ¥30 per share, totaling ¥2,738 million. - FY2023-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 27 October 2022, the following resolution was passed regarding the interim dividend for the current period. (イ) Total dividends: ¥2,739 million (ロ) Dividend per share: ¥30.00 (ハ) Effective date of dividend payment claim and payment commencement date: 25 November 2022」
Under the policy of maintaining stable dividends and using a consolidated dividend payout ratio of 30% as a guideline, an interim dividend of ¥30 per share, totaling ¥2,739 million, was approved for the current period. - FY2023-Q1RestatedAnnual report
「Board of Directors meeting held on 27 April 2022 Common shares 2,738 30 31 March 2022 26 May 2022 Retained earnings」
Under the policy of maintaining stable dividends, a final dividend of ¥30 per share, totaling ¥2,738 million, was paid for the fiscal year ended March 2022. - FY2022RestatedAnnual report
「The basic policy for the allocation of profits is to make decisions based on a comprehensive assessment of earnings performance, financial condition and other factors, with a consolidated dividend payout ratio of 30% as a guideline and the continuation of stable dividends as the basic principle. … The annual dividend for the fiscal year will be ¥60 per share.」
The stable dividend policy, with a consolidated dividend payout ratio of 30% as a guideline, was continued, and the annual dividend increased from ¥50 in the previous fiscal year to ¥60. - FY2022-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 28 October 2021, the following resolution was passed regarding the interim dividend for the current period. (イ) Total dividends: ¥2,738 million (ロ) Dividend per share: ¥30.00 (ハ) Effective date of dividend payment claim and payment commencement date: 26 November 2021」
Under the shareholder returns policy of maintaining stable dividends, an interim dividend of ¥30 per share, totaling ¥2,738 million, was paid for the current period. - FY2022-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 28 October 2021, the following resolution was passed regarding the interim dividend for the current period. (イ) Total dividends: ¥2,738 million (ロ) Dividend per share: ¥30.00 (ハ) Effective date of dividend payment claim and payment commencement date: 26 November 2021」
Under the shareholder returns policy of maintaining stable dividends, an interim dividend of ¥30 per share, totaling ¥2,738 million, was approved for the current period. - FY2022-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 27 April 2021, the following resolution was passed to pay a dividend from retained earnings. (イ) Total dividends: ¥2,738 million (ロ) Dividend per share: ¥30.00 (ハ) Effective date of dividend payment claim and payment commencement date: 27 May 2021」
Under the shareholder returns policy of maintaining stable dividends, a final dividend of ¥30 per share, totaling ¥2,738 million, was approved and paid for the fiscal year ended March 2021. - FY2021-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 28 October 2020, the following resolution was passed regarding the interim dividend for the current period. (イ) Total dividends: ¥1,825 million (ロ) Dividend per share: ¥20.00 (ハ) Effective date of dividend payment claim and payment commencement date: 26 November 2020」
Under the shareholder returns policy of maintaining stable dividends, an interim dividend of ¥20 per share, totaling ¥1,825 million, was approved with 30 September 2020 as the record date. - FY2021-Q1RestatedAnnual report
「10 June 2020 Annual General Meeting of Shareholders Common shares 2,737 30 31 March 2020 11 June 2020 Retained earnings」
Under the policy of maintaining stable dividends, a final dividend of ¥30 per share, totaling ¥2,737 million, was paid for the fiscal year ended March 2020. - FY2020RestatedAnnual report
「The Company regards shareholder returns as one of its key management policies and has established as its basic policy for the allocation of profits that decisions will be made based on a comprehensive assessment of earnings performance, financial condition and other factors, with a consolidated dividend payout ratio of 30% as a guideline and the continuation of stable dividends as the basic principle. … Regarding dividends for the fiscal year, the Company decided to pay a dividend of ¥62 per share, including an interim dividend of ¥32, based on the above policy.」
The policy of maintaining a consolidated dividend payout ratio of 30% as a guideline was continued, and the annual dividend decreased from ¥64 in the previous fiscal year to ¥62. - FY2020-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 30 October 2019, the following resolution was passed regarding the interim dividend for the current period. (イ) Total dividends: ¥2,919 million (ロ) Dividend per share: ¥32.00 (ハ) Effective date of dividend payment claim and payment commencement date: 27 November 2019」
This reiterates the fact that an interim dividend of ¥32 per share, totaling ¥2,919 million, was paid. - FY2020-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 30 October 2019, the following resolution was passed regarding the interim dividend for the current period. (イ) Total dividends: ¥2,919 million (ロ) Dividend per share: ¥32.00 (ハ) Effective date of dividend payment claim and payment commencement date: 27 November 2019」
Under the policy of maintaining stable dividends, an interim dividend of ¥32 per share, totaling ¥2,919 million, was approved for the current period. - FY2020-Q1RestatedAnnual report
「12 June 2019 Annual General Meeting of Shareholders Common shares 2,919 32 31 March 2019 13 June 2019 Retained earnings」
Under the policy of maintaining stable dividends, a dividend of ¥32 per share, totaling ¥2,919 million, was paid. - FY2019ReframedAnnual report
「The Company regards shareholder returns as one of its key management policies and has established as its basic policy for the allocation of profits that decisions will be made based on a comprehensive assessment of earnings performance, financial condition and other factors, with a consolidated dividend payout ratio of 30% as a guideline and the continuation of stable dividends as the basic principle.」
The previous policy of maintaining stable dividends has been supplemented with a clear guideline of a consolidated dividend payout ratio of 30%. The annual dividend was ¥64, unchanged from the previous fiscal year. - FY2019-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 30 October 2018, the following resolution was passed regarding the interim dividend for the current period. (イ) Total dividends: ¥2,919 million (ロ) Dividend per share: ¥32.00 (ハ) Effective date of dividend payment claim and payment commencement date: 27 November 2018」
This reiterates the fact that an interim dividend of ¥32 per share was paid under the policy of maintaining stable dividends. - FY2019-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 30 October 2018, the following resolution was passed regarding the interim dividend for the current period. (イ) Total dividends: ¥2,919 million (ロ) Dividend per share: ¥32.00 (ハ) Effective date of dividend payment claim and payment commencement date: 27 November 2018」
Under the policy of maintaining stable dividends, an interim dividend of ¥32 per share, totaling ¥2,919 million, was approved for the current period. - FY2019-Q1RestatedAnnual report
「13 June 2018 Annual General Meeting of Shareholders Common shares 2,919 32 31 March 2018 14 June 2018 Retained earnings」
Under the policy of maintaining stable dividends, a dividend of ¥32 per share, totaling ¥2,919 million, was paid. - FY2018RestatedAnnual report
「The Company regards shareholder returns as one of its key management policies and intends to make comprehensive decisions based on earnings performance, the dividend payout ratio and other factors, while maintaining stable dividends as its basic policy. … Regarding dividends for the fiscal year, the Company decided to pay a dividend of ¥64 per share, including an interim dividend of ¥32, based on the above policy.」
The policy of maintaining stable dividends remains unchanged. The annual dividend increased from ¥60 in the previous fiscal year to ¥64. - FY2018-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 30 October 2017, the following resolution was passed regarding the interim dividend for the current period. (イ) Total dividends: ¥2,920 million (ロ) Dividend per share: ¥32.00 (ハ) Effective date of dividend payment claim and payment commencement date: 27 November 2017」
Under the stable dividend policy, an interim dividend of ¥32 was approved. The dividend increased from ¥30 in the same period of the previous year, but no change to the dividend policy itself was disclosed. - FY2018-Q1RestatedAnnual report
「16 June 2017 Annual General Meeting of Shareholders Common shares 2,737 30 31 March 2017 19 June 2017 Retained earnings」
The company paid a dividend of ¥30 per share, totaling ¥2,737 million, pursuant to a resolution of the Annual General Meeting of Shareholders, confirming the continuation of its stable dividend policy. - FY2017RestatedAnnual report
「The company regards shareholder interests as one of its important management policies and intends to make comprehensive decisions based on business performance, the dividend payout ratio, and other factors, while making the continuation of stable dividends its basic policy. …Based on this policy, the company decided to pay a dividend of ¥60 per share for the current fiscal year, including an interim dividend of ¥30 per share.」
The company continues its stable dividend policy, paying an annual dividend of ¥60 per share, including an interim dividend of ¥30 per share. - FY2017-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 27 October 2016, the company resolved the following matters concerning the interim dividend for the current fiscal year. (a) Total dividends………………………………………………¥2,736 million (b) Dividend per share………………………………………¥30.00 (c) Effective date of the claim for payment and payment commencement date…………………25 November 2016」
The company paid an interim dividend totaling ¥2,736 million, or ¥30 per share, continuing its stable dividend policy. - FY2017-Q2RestatedAnnual report
「27 October 2016 Board of Directors Common shares 2,736 30 30 September 2016 25 November 2016 Retained earnings」
The company resolved to pay an interim dividend of ¥30 per share, totaling ¥2,736 million, with 30 September 2016 as the record date. - FY2016First statedAnnual report
「The company regards shareholder interests as one of its important management policies and intends to make comprehensive decisions based on business performance, the dividend payout ratio, and other factors, while making the continuation of stable dividends its basic policy.」
The basic policy is to pay dividends twice a year, consisting of an interim dividend and a year-end dividend, and the company paid an annual dividend of ¥60 per share for the current fiscal year.