Balancing Retained Earnings with Performance-Linked Stable Dividends
First written in FY2017. 13 of 32 entries say "Restated". Latest entry: 2026-10-26.
47 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「Regarding the payout ratio, the medium-term management plan announced in May 2024 set a payout ratio range of 40% to 60%, with a target payout ratio of 60% for the fiscal year ending March 2027, the final year of the plan.」
The payout ratio policy was set within a range of 40% to 60%, with a target of 60% for the fiscal year ending March 2027, the final year of the plan. The current fiscal year's annual dividend was ¥38 per share, the consolidated payout ratio was 48.7%, and dividend growth continued for the tenth consecutive fiscal year. - FY2026-H1Interim dividend increased from ¥12.5 to ¥17.5Annual report
「At a meeting of the Board of Directors held on 29 October 2025, the following resolution was adopted regarding the interim dividend for the 21st fiscal year (1 April 2025 to 31 March 2026): ① Total dividends: ¥391.527 million ② Dividend per share: ¥17.50」
The interim dividend for the 21st fiscal year was ¥17.50 per share, totaling ¥391.527 million, an increase from the previous fiscal year's interim dividend of ¥12.50 per share. - FY2025-H1Interim dividend increased from ¥9 to ¥12.5Annual report
「At a meeting of the Board of Directors held on 29 October 2024, the following resolution was adopted regarding the interim dividend for the 20th fiscal year (1 April 2024 to 31 March 2025): ① Total dividends: ¥279.663 million ② Dividend per share: ¥12.50」
The interim dividend for the 20th fiscal year was ¥12.50 per share, totaling ¥279.663 million, an increase from the previous fiscal year's interim dividend of ¥9 per share. - FY2024-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 27 October 2023, the following resolution was adopted regarding the interim dividend for the 19th fiscal year (1 April 2023 to 31 March 2024): ① Total dividends: ¥201.239 million ② Dividend per share: ¥9.00」
The resolution and payment of the 19th fiscal year's interim dividend, totaling ¥201.239 million, or ¥9 per share, were reconfirmed. - FY2024-Q2Interim dividend increased from ¥7 to ¥9Annual report
「At a meeting of the Board of Directors held on 27 October 2023, the following resolution was adopted regarding the interim dividend for the 19th fiscal year (1 April 2023 to 31 March 2024): ① Total dividends: ¥201.239 million ② Dividend per share: ¥9.00」
The interim dividend for the 19th fiscal year was ¥9 per share, totaling ¥201.239 million, an increase from the previous fiscal year's interim dividend of ¥7 per share. - FY2024-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 12 May 2023, the following resolution was adopted regarding the payment of dividends from retained earnings: ① Total dividends: ¥156.519 million ② Dividend per share: ¥7.00」
A year-end dividend of ¥7 per share, totaling ¥156.519 million, was paid for the fiscal year ended March 2023, reconfirming performance in line with the stable dividend policy. - FY2023-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 28 October 2022, the following resolution was adopted regarding the interim dividend for the 18th fiscal year (1 April 2022 to 31 March 2023): ① Total dividends: ¥156.519 million ② Dividend per share: ¥7.00」
The resolution and payment of the 18th fiscal year's interim dividend, totaling ¥156.519 million, or ¥7 per share, were reconfirmed. - FY2023-Q2Interim dividend increased from ¥6 to ¥7Annual report
「At a meeting of the Board of Directors held on 28 October 2022, the following resolution was adopted regarding the interim dividend for the 18th fiscal year (1 April 2022 to 31 March 2023): ① Total dividends: ¥156.519 million ② Dividend per share: ¥7.00」
The interim dividend for the 18th fiscal year was ¥7 per share, totaling ¥156.519 million, an increase from the previous fiscal year's interim dividend of ¥6 per share. - FY2023-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 13 May 2022, the following resolution was adopted regarding the payment of dividends from retained earnings: ① Total dividends: ¥134.144 million ② Dividend per share: ¥6.00」
A year-end dividend of ¥6 per share, totaling ¥134.144 million, was paid for the fiscal year ended March 2022, reconfirming performance in line with the stable dividend policy. - FY2022AdvancedAnnual report
「The year-end dividend from retained earnings for the current fiscal year was set at an ordinary dividend of ¥6.0 per share. As an interim dividend of ¥6.0 per share was paid on 6 December 2021, the annual dividend for the fiscal year was ¥12.0 per share, with a payout ratio of 34.4%, marking the sixth consecutive fiscal year of dividend growth.」
The interim and year-end dividends were each ¥6 per share, for an annual dividend of ¥12 per share. The payout ratio was 34.4%, and dividend growth was achieved for the sixth consecutive fiscal year. The result was within the payout ratio policy range of 30% to 40% established in May 2021. - FY2022-Q2Interim dividend increased from ¥5.5 to ¥6Annual report
「At a meeting of the Board of Directors held on 29 October 2021, the following resolution was adopted regarding the interim dividend for the 17th fiscal year (1 April 2021 to 31 March 2022): ① Total dividends: ¥134.144 million ② Dividend per share: ¥6.00」
The interim dividend for the 17th fiscal year was ¥6 per share, totaling ¥134.144 million, an increase from the previous fiscal year's interim dividend of ¥5.5 per share. - FY2021AchievedAnnual report
「Regarding the payout ratio, the medium-term management plan announced in May 2018 set a target of achieving a payout ratio of more than 30% by the fiscal year ending March 2021, and the Company has implemented its dividend policy based on this basic policy. The year-end dividend from retained earnings for the current fiscal year was set at an ordinary dividend of ¥5.5 per share. As an interim dividend of ¥5.5 per share was paid on 7 December 2020, the annual dividend for the fiscal year was ¥11.0 per share, with a payout ratio of 32.3%, marking the fifth consecutive fiscal year of dividend growth.」
The payout ratio for the fiscal year ended March 2021 was 32.3%, achieving the previous target of more than 30%. The annual dividend was ¥11 per share, marking the fifth consecutive fiscal year of dividend growth. A payout ratio policy of 30% to 40% was also established from the fiscal year ending March 2022. - FY2021-Q2Interim dividend increased to ¥5.5Annual report
「At a meeting of the Board of Directors held on 30 October 2020, the following resolution was adopted regarding the interim dividend for the 16th fiscal year (1 April 2020 to 31 March 2021): ① Total dividends: ¥122.965 million ② Dividend per share: ¥5.50」
The interim dividend for the 16th fiscal year was ¥5.50 per share, totaling ¥122.965 million, an increase from the previous fiscal year's interim dividend of ¥4.00 per share. - FY2021-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 12 May 2020, the following resolution was adopted regarding the payment of dividends from retained earnings: ① Total dividends: ¥111.441 million ② Dividend per share: ¥5」
The year-end dividend for the fiscal year ended March 2020, of ¥5 per share totaling ¥111.441 million, was approved and paid, as reconfirmed here. - FY2020AdvancedAnnual report
「Under this policy, the year-end dividend from retained earnings for the current fiscal year was set at an ordinary dividend of ¥5.0 per share. As an interim dividend of ¥4.0 per share was paid on 9 December 2019, the annual dividend for the fiscal year will be ¥9.0 per share.」
The dividend track record was ¥4 per share for the interim dividend and ¥5 per share for the year-end dividend, or ¥9 per share for the full year. The payout ratio was 29.10%, updating progress toward the target of more than 30% by the fiscal year ending March 2021. - FY2020-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 25 October 2019, the following resolution was adopted regarding the interim dividend for the 15th fiscal year (1 April 2019 to 31 March 2020): ① Total dividends: ¥88.859 million ② Dividend per share: ¥4」
The details of the interim dividend approved in the previous quarter, totaling ¥88.859 million, or ¥4 per share, are reiterated. - FY2020-Q2Interim dividend increased from ¥3.5 to ¥4Annual report
「At a meeting of the Board of Directors held on 25 October 2019, the following resolution was adopted regarding the interim dividend for the 15th fiscal year (1 April 2019 to 31 March 2020): ① Total dividends: ¥88.859 million ② Dividend per share: ¥4」
An interim dividend of ¥4 per share, totaling ¥88.859 million, was approved. The amount increased from the previous fiscal year's interim dividend of ¥3.5 per share. - FY2020-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 10 May 2019, the following resolution was adopted regarding the payment of dividends from retained earnings: ① Total dividends: ¥77.680 million ② Dividend per share: ¥3.50」
A dividend in line with the policy of stable dividends linked to business performance was paid, totaling ¥77.680 million, or ¥3.50 per share. - FY2019AdvancedAnnual report
「Under this policy, the year-end dividend from retained earnings for the current fiscal year was set at an ordinary dividend of ¥3.5 per share. As an interim dividend of ¥3.5 per share was paid on 10 December 2018, the annual dividend for the fiscal year will be ¥7.0 per share.」
The dividend track record was ¥3.5 per share for both the interim and year-end dividends, and ¥7.0 per share for the full year. The payout ratio was 27.52%, updating the actual result toward the target of more than 30% for the fiscal year ending March 2021. - FY2019-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 26 October 2018, the following resolution was adopted regarding the interim dividend for the 14th fiscal year (1 April 2018 to 31 March 2019): ① Total dividends: ¥77.602 million ② Dividend per share: ¥3.50」
The resolution and payment of an interim dividend totaling ¥77.602 million, or ¥3.50 per share, in line with the policy of stable dividends linked to business performance, are reiterated. - FY2019-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 26 October 2018, the following resolution was adopted regarding the interim dividend for the 14th fiscal year (1 April 2018 to 31 March 2019): ① Total dividends: ¥77.602 million ② Dividend per share: ¥3.50」
An interim dividend was approved in line with the policy of stable dividends linked to business performance, totaling ¥77.602 million, or ¥3.50 per share. - FY2019-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 11 May 2018, the following dividend of surplus was approved: ① Total dividends: ¥66.436 million ② Dividend per share: ¥3.00」
A dividend totaling ¥66.436 million, or ¥3 per share, was paid in line with the stable performance-linked dividend policy. - FY2018RaisedAnnual report
「In the medium-term management plan announced in May 2018, a target was set to raise the dividend payout ratio to more than 30% by the fiscal year ending March 2021.」
In addition to the existing stable performance-linked dividend policy, a specific target was set to raise the dividend payout ratio to more than 30% by the fiscal year ending March 2021. - FY2018-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 27 October 2017, the following interim dividend for the 13th fiscal year, from 1 April 2017 to 31 March 2018, was approved: ① Total dividends: ¥44.175 million ② Dividend per share: ¥4.00」
The interim dividend of ¥44.175 million in total, or ¥4 per share, was reaffirmed in line with the stable performance-linked dividend policy. - FY2018-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 27 October 2017, the following interim dividend for the 13th fiscal year, from 1 April 2017 to 31 March 2018, was approved: ① Total dividends: ¥44.175 million ② Dividend per share: ¥4.00」
An interim dividend of ¥4 per share, totaling ¥44.175 million, was approved in line with the stable performance-linked dividend policy. - FY2018-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 12 May 2017, the company resolved to pay dividends from surplus as follows.」
During the quarter, a dividend of ¥8.00 per share, totaling ¥88.338 million, was approved and paid, demonstrating performance consistent with the stable dividend policy. - FY2017First statedAnnual report
「Our basic policy is to continue paying stable dividends linked to performance while securing the retained earnings necessary for future business expansion and strengthening our financial position.」
A shareholder return policy was outlined to continue stable performance-linked dividends while securing retained earnings for business expansion and strengthening the financial position.