Continuing Stable Dividends and Improving Return on Equity
First written in FY2016. 17 of 34 entries say "Restated". Latest entry: FY2026.
- FY2026RaisedAnnual report
「In the long-term management plan "Next35" announced on 14 May 2026, the company revised its dividend policy and stated that it would promote a phased shareholder return policy with a target payout ratio of 30%.」
In addition to the previous policy of stable, performance-linked dividends, the company has set a target payout ratio of 30%, quantifying its shareholder return policy. - FY2026-H1Interim dividend increased to ¥16Annual report
「At a meeting of the Board of Directors held on 31 October 2025, the following resolution was passed regarding the interim dividend for the current period. (a) Total dividends: ¥155.444 million (b) Dividend per share: ¥16.00」
Although no change to the basic policy of stable dividends itself has been disclosed, the interim dividend was ¥16 per share, up from ¥13 in the same period of the previous year. - FY2025-H1Higher interim dividendAnnual report
「At a meeting of the Board of Directors held on 31 October 2024, the following resolution was passed regarding the interim dividend for the current period. (a) Total dividends: ¥125.483 million (b) Dividend per share: ¥13.00 (c) Effective date of dividend payment claim and payment commencement date: 29 November 2024」
Although no change to the basic policy of stable dividends itself has been disclosed, the year-end dividend for the current interim consolidated accounting period was ¥15 per share and the interim dividend for the current period was ¥13, up from ¥7 in the same period of the previous year. - FY2024Increase in annual dividendAnnual report
「Based on this policy, we have decided to pay a dividend of ¥22 per share for the current period, including an interim dividend of ¥7.」
The basic policy of paying stable dividends in line with performance has been maintained, while the annual dividend increased from ¥8 in the previous period to ¥22. - FY2024-Q3RestatedAnnual report
「31 October 2023 Board of Directors Common shares ¥68.325 million ¥7 30 September 2023 30 November 2023 Retained earnings」
The payment of the ¥7-per-share interim dividend approved in FY2024-Q2 is reconfirmed. No change to the basic policy of stable dividends itself has been disclosed. - FY2024-Q2Interim dividend increased to ¥7Annual report
「At a meeting of the Board of Directors held on 31 October 2023, the following resolution was passed regarding the interim dividend for the current period. (a) Total dividends: ¥68.325 million (b) Dividend per share: ¥7.00」
Although no change to the basic policy of stable dividends itself has been disclosed, the interim dividend for the current period was ¥7 per share, up from ¥4 in the same period of the previous year. - FY2024-Q1RestatedAnnual report
「23 June 2023 Annual General Meeting of Shareholders Common shares ¥39.042 million ¥4 31 March 2023 26 June 2023 Retained earnings」
A year-end dividend of ¥4 per share was paid for the fiscal year ended March 2023. No change to the basic policy of stable dividends itself has been disclosed. - FY2023-Q3RestatedAnnual report
「31 October 2022 Board of Directors Common shares ¥39.042 million ¥4 30 September 2022 30 November 2022 Retained earnings」
The payment of the ¥4-per-share interim dividend approved in FY2023-Q2 is reconfirmed. No change to the basic policy of stable dividends itself has been disclosed. - FY2023-Q2Interim dividend increased from ¥3 to ¥4Annual report
「At a meeting of the Board of Directors held on 31 October 2022, the following resolution was passed regarding the interim dividend for the current period. (a) Total dividends: ¥39.042 million (b) Dividend per share: ¥4.00 (c) Effective date of dividend payment claim and payment commencement date: 30 November 2022」
The interim dividend increased from ¥3 per share in the previous fiscal year to ¥4 per share in the current fiscal year. No change to the basic policy of stable dividends itself has been disclosed. - FY2023-Q1RestatedAnnual report
「17 June 2022 Annual General Meeting of Shareholders Common shares ¥29.282 million ¥3 31 March 2022 20 June 2022 Retained earnings」
Following the previous fiscal year's no-dividend payment, a year-end dividend of ¥3 per share was paid, reconfirming the implementation of the annual ¥6 dividend indicated for FY2022. - FY2022Annual dividend of ¥6 paidAnnual report
「Based on this policy, we have decided to pay a dividend of ¥6 per share for the current period, including an interim dividend of ¥3.」
Following the previous fiscal year's no-dividend payment, the company is paying an annual dividend of ¥6, comprising an interim dividend of ¥3 and a year-end dividend of ¥3. The basic policy of paying stable dividends in line with performance continues. - FY2022-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 29 October 2021, the following resolution was passed regarding the interim dividend for the current period. (a) Total dividends: ¥29.282 million (b) Dividend per share: ¥3.00 (c) Effective date of dividend payment claim and payment commencement date: 30 November 2021」
The approval and payment of an interim dividend of ¥3 per share are reconfirmed. No change to the basic policy of stable dividends itself has been disclosed. - FY2022-Q2Resumption of interim dividend paymentsAnnual report
「At a meeting of the Board of Directors held on 29 October 2021, the following resolution was passed regarding the interim dividend for the current period. (a) Total dividends: ¥29.282 million (b) Dividend per share: ¥3.00 (c) Effective date of dividend payment claim and payment commencement date: 30 November 2021」
Although the previous fiscal year saw no dividend due to net losses for 2 consecutive periods, the current quarterly report states that an interim dividend of ¥3 per share was approved. - FY2021No dividend due to deteriorating performanceAnnual report
「With the recording of net losses for 2 consecutive periods, we regret that no dividend was paid for the current period.」
Although the basic policy of continuing stable dividends in line with performance remains in place, no dividend was paid for the current period because of net losses for 2 consecutive periods. - FY2021-Q3No dividends paid during the cumulative period of the current quarterAnnual report
「Dividend payments Not applicable」
The section on shareholders' equity and other items for the cumulative third quarter of the current consolidated period states that no dividend payments were applicable. This alone does not indicate a change in the dividend policy. - FY2020-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 31 October 2019, the following resolution was passed regarding the interim dividend for the current period. (a) Total dividends: ¥48.803 million (b) Dividend per share: ¥5.00 (c) Effective date of dividend payment claim and payment commencement date: 29 November 2019」
No change to the basic policy of stable dividends itself has been disclosed. The resolution and payment of an interim dividend of ¥5 per share are reiterated. - FY2020-Q2Decrease in interim dividendAnnual report
「At a meeting of the Board of Directors held on 31 October 2019, the following resolution was passed regarding the interim dividend for the current period. (a) Total dividends: ¥48.803 million (b) Dividend per share: ¥5.00 (c) Effective date of dividend payment claim and payment commencement date: 29 November 2019」
Although no change to the basic policy of stable dividends itself has been disclosed, the interim dividend for the current period was ¥5 per share, down from ¥6 in the previous interim period. - FY2020-Q1RestatedAnnual report
「21 June 2019 Annual General Meeting of Shareholders Common shares ¥58.564 million ¥6 31 March 2019 24 June 2019 Retained earnings」
A dividend of ¥6 per share is being paid pursuant to a resolution of the Annual General Meeting of Shareholders. No change to the basic policy of stable dividends itself has been disclosed. - FY2019-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 31 October 2018, the following resolution was passed regarding the interim dividend for the current period: (a) Total dividends: ¥58.564 million; (b) Dividend per share: ¥6.00; (c) Effective date of dividend payment claim and payment commencement date: 30 November 2018.」
There has been no change to the basic policy of stable dividends itself, and the approval and payment of an interim dividend of ¥6 per share are disclosed. - FY2019-Q2Higher interim dividendAnnual report
「At a meeting of the Board of Directors held on 31 October 2018, the company resolved the following matters concerning the interim dividend for the current period.」
Although the basic policy of stable dividends itself has not changed, the interim dividend for the current period was ¥6 per share, an increase from ¥5 in the previous interim period. - FY2019-Q1RestatedAnnual report
「Common shares ¥68.325 million ¥7」
A dividend of ¥7 per share is being paid pursuant to a resolution of the Annual General Meeting of Shareholders held on 22 June 2018. No change to the basic policy of stable dividends itself has been disclosed. - FY2018Increase in annual dividendAnnual report
「Based on this policy, we have decided to pay a dividend of ¥12 per share for the current period, including an interim dividend of ¥5.」
While the basic policy of stable dividends continues, the annual dividend increased from ¥8 in the previous period to ¥12, and the year-end dividend of ¥7 includes a ¥2 commemorative dividend marking the 70th anniversary of the company's founding. - FY2018-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 27 October 2017, the following resolution was passed regarding the interim dividend for the current fiscal year.」
The approval and payment of an interim dividend of ¥5 per share for the current period are disclosed, with no change indicated in the basic policy of stable dividends itself. - FY2018-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 27 October 2017, the following resolution was passed regarding the interim dividend for the current fiscal year.」
An interim dividend of ¥5 per share for the current period was approved. The amount increased from the previous interim dividend of ¥4, but no change to the basic policy of stable dividends itself has been disclosed. - FY2018-Q1RestatedAnnual report
「Annual General Meeting of Shareholders held on 23 June 2017 Common shares ¥39.042 million ¥4 31 March 2017 26 June 2017 Retained earnings」
A dividend of ¥4 per share is being paid pursuant to a resolution of the Annual General Meeting of Shareholders. No change to the basic policy of stable dividends itself has been disclosed. - FY2017RestatedAnnual report
「Based on this policy, we have decided to pay a dividend of ¥8 per share for the current period, including an interim dividend of ¥4.」
Under its basic policy of continuing stable dividends in line with performance, the company is paying an annual dividend of ¥8. - FY2017-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 31 October 2016, the following resolution was passed regarding the interim dividend for the current period: (a) Total dividends: ¥39.042 million; (b) Dividend per share: ¥4.00.」
The resolution for an interim dividend of ¥4 per share is reiterated, and no change to the dividend policy itself is indicated. - FY2017-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 31 October 2016, the following resolution was passed regarding the interim dividend for the current period: (a) Total dividends: ¥39.042 million; (b) Dividend per share: ¥4.00.」
A dividend of ¥4 per share for the current interim period was approved. No change to the dividend policy itself has been disclosed. - FY2016First statedAnnual report
「Our basic policy is to secure a stable management foundation and improve return on equity, while continuing to pay stable dividends in line with performance.」
The company states a basic policy of combining stable dividends with performance-linked payments.