Stable Dividend Policy Targeting a 50% Consolidated Dividend Payout Ratio
First written in FY2021. 6 of 9 entries say "Advanced", first in FY2023. Latest entry: 2026-10-13.
30 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「Our basic policy is to pay dividends from surplus twice a year, consisting of an interim dividend and a year-end dividend.」
The policy of targeting a consolidated dividend payout ratio of 50% was maintained, and the annual dividend for the fiscal year ending August 2025 was forecast at ¥17 per share, with a dividend payout ratio of 36.4%. - FY2025-H1AdvancedAnnual report
「14 April 2025 Board of Directors Common shares 750 8.0 28 February 2025 12 May 2025 Retained earnings」
The Board of Directors resolved to pay an interim dividend of ¥8 per share, totaling ¥750 million, funded from retained earnings and based on the end-February 2025 record date. - FY2023AdvancedAnnual report
「With respect to the appropriation of surplus for the fiscal year, we decided, in accordance with the policy above, to pay a dividend of ¥10 per share, including an interim dividend of ¥5. As a result, the dividend payout ratio for the consolidated fiscal year was 36.1%.」
The annual dividend increased from ¥7 per share in the previous fiscal year to ¥10. The policy of targeting a consolidated dividend payout ratio of 50% was maintained, and the actual dividend payout ratio for the period was 36.1%. - FY2022RestatedAnnual report
「The Company has adopted a policy of continuing to pay stable dividends while securing the retained earnings necessary for future business development and strengthening its financial position, with a target consolidated dividend payout ratio of 50%.」
The Company continues its policy of targeting a 50% consolidated dividend payout ratio while securing retained earnings and funds for business development. The actual dividend payout ratio was 28.9%. - FY2021First statedAnnual report
「The Company has adopted a policy of continuing to pay stable dividends while securing the retained earnings necessary for future business development and strengthening its financial position, with a target consolidated dividend payout ratio of 50%.」
The Company explicitly stated a dividend policy targeting a 50% consolidated dividend payout ratio while securing retained earnings and funds for business development.