Komori
Musashi Seimitsu Industry (7220) · PolicySoftened

Balancing Earnings-Linked Dividends with Stable Payouts

First written in FY2016. 4 of 25 entries say "Restated". Latest entry: FY2027-H1.

25entries
11years
2from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseOtherFY2016 – FY2024-Q2OtherFY2025-H1 – FY20252016: 220162017: 220172018: 320182019: 320192020: 220202021: 220212022: 220222023: 220232024: 220242025: 120252026: 42026
Same theme, other companies
Stable, Sustained Shareholder Returns and Dividend Increase PolicyA theme 1264 companies write about · 2 as a headwind · 1289 as a tailwind
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 194 companies compared. The sentences above are computed from all 194.Comparing 200 of the theme's 1288 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1SoftenedAnnual report

    「At the Board of Directors meeting held on 10 November 2026, we resolved the following interim dividend: (a) Total dividends: ¥1,311 million; (b) Dividend per share: ¥20.00.」

    The interim dividend was ¥20 per share, down ¥5 from ¥25 in the same period of the previous year.
  2. FY2026SoftenedAnnual report

    「Based on this policy, the interim dividend for the fiscal year was ¥25 per share, while the year-end dividend is expected to be ¥15 per share, subject to a resolution at the Annual General Meeting of Shareholders scheduled for 26 June 2026.」

    While maintaining its basic policy of earnings-linked, stable dividends and a target payout ratio of 30%, the company expects to reduce the annual dividend from ¥50 in the previous fiscal year to ¥40.
  4. FY2025Annual dividend increased by ¥10Annual report

    「Based on this policy, the interim dividend for the fiscal year was ¥25 per share, while the year-end dividend is expected to be ¥25 per share, subject to a resolution at the Annual General Meeting of Shareholders scheduled for 26 June 2025.」

    The company maintained its policy of earnings-linked, stable dividends and a target payout ratio of 30%, with the annual dividend expected to increase from ¥40 in the previous fiscal year to ¥50.
  5. FY2025-H1Interim dividend increased by ¥10Annual report

    「At a meeting of the Board of Directors held on 7 November 2024, the following resolution was passed concerning the interim dividend for the current fiscal year. (a) Total dividends: ¥1,638 million (b) Dividend per share: ¥25.00」

    The interim dividend increased by ¥10 from ¥15 in the same period of the previous fiscal year to ¥25 per share. This reflects the policy of stable dividends linked to earnings with a target payout ratio of 30%.
  6. FY2024RaisedAnnual report

    「Regarding shareholder returns, our basic policy is to continue paying stable dividends linked to earnings while securing funds for medium- to long-term business growth and working to strengthen our financial position. The target payout ratio is 30%.」

    The company newly specified a target payout ratio of 30% under its policy of earnings-linked, stable dividends. The annual dividend is expected to increase from ¥30 in the previous fiscal year to ¥40.
  7. FY2024-Q2Interim dividend reduced by ¥5Annual report

    「At a meeting of the Board of Directors held on 6 November 2023, the following resolution was passed concerning the interim dividend for the current fiscal year. (a) Total dividends: ¥980 million (b) Dividend per share: ¥15.00」

    While continuing its basic policy of stable dividends linked to earnings, the interim dividend for the current fiscal year fell by ¥5 from ¥20 in the previous fiscal year to ¥15.
  8. FY2023Annual dividend reduced by ¥15Annual report

    「Based on this policy, dividends for the fiscal year were ¥20 per share for the interim dividend and ¥10 per share for the year-end dividend.」

    While continuing its basic policy of stable dividends linked to earnings, the company reduced the annual dividend from ¥45 in the previous fiscal year to ¥30.
  9. FY2023-Q2Interim dividend increased by ¥5Annual report

    「At a meeting of the Board of Directors held on 8 November 2022, the following resolution was passed concerning the interim dividend for the current fiscal year. (a) Total dividends: ¥1,306 million (b) Dividend per share: ¥20.00」

    Under the policy of stable dividends linked to earnings, the interim dividend for the current fiscal year increased by ¥5 from ¥15 in the same period of the previous fiscal year to ¥20 per share.
  10. FY2022Annual dividend increased to ¥45Annual report

    「Based on this policy, dividends for the fiscal year were ¥15 per share for the interim dividend and ¥30 per share for the year-end dividend.」

    The annual dividend increased by ¥10 from ¥35 in the previous fiscal year to ¥45. The basic policy of stable dividends linked to earnings remains in place.
  11. FY2022-Q2Interim dividend increased by ¥10Annual report

    「At a meeting of the Board of Directors held on 4 November 2021, the following resolution was passed concerning the interim dividend for the current fiscal year. (a) Total dividends: ¥979 million (b) Dividend per share: ¥15.00」

    Under the policy of stable dividends linked to earnings, the company resolved to pay an interim dividend of ¥15 per share for the current fiscal year, an increase of ¥10 from ¥5 in the same period of the previous fiscal year.
  12. FY2021Annual dividend increased to ¥35Annual report

    「Based on this policy, dividends for the fiscal year were ¥30 per share for the year-end dividend and ¥5 per share for the interim dividend.」

    Under the policy of stable dividends linked to earnings, the annual dividend increased from ¥31.5 in the previous fiscal year to ¥35.
  13. FY2021-Q2Interim dividend reduced to ¥5Annual report

    「At a meeting of the Board of Directors held on 4 November 2020, the following resolution was passed concerning the interim dividend for the current fiscal year. (a) Total dividends: ¥326 million (b) Dividend per share: ¥5.00」

    Under the policy of stable dividends linked to earnings, the interim dividend for the current fiscal year fell from ¥21 per share in the same period of the previous fiscal year to ¥5.
  14. FY2020Annual dividend reduced to ¥31.5Annual report

    「Based on this policy, dividends for the fiscal year were ¥10.5 per share for the year-end dividend and ¥21 per share for the interim dividend.」

    While maintaining its basic policy of stable dividends linked to earnings, the annual dividend fell from ¥42 in the previous fiscal year after adjusting for the stock split to ¥31.5.
  15. FY2020-Q2RestatedAnnual report

    「At a meeting of the Board of Directors held on 6 November 2019, the following resolution was passed concerning the interim dividend for the current fiscal year. (a) Total dividends: ¥1,368 million (b) Dividend per share: ¥21.00」

    Based on the policy of stable dividends linked to earnings, an interim dividend of ¥21 per share was resolved for the current fiscal year.
  16. FY2020-Q1RestatedAnnual report

    「21 June 2019　Annual General Meeting of Shareholders　Common shares　1,367　21　31 March 2019　24 June 2019　Retained earnings」

    Based on the policy of stable dividends linked to earnings, a year-end dividend of ¥21 per share after the stock split was paid for the fiscal year ended March 2019.
  17. FY2019Annual dividend changed to ¥42 after adjusting for the stock splitAnnual report

    「Based on this policy, dividends for the fiscal year were ¥21 per share for the year-end dividend and ¥42 per share for the interim dividend. After taking into account the stock split conducted on 1 October 2018, the interim dividend was ¥21 per share, resulting in an annual dividend of ¥42 per share when combined with the year-end dividend.」

    The company maintained its policy of stable dividends linked to earnings and stated that the annual dividend was ¥42 after adjusting for the stock split.
  18. FY2019-Q2Interim dividend increased by ¥15Annual report

    「At a meeting of the Board of Directors held on 2 November 2018, the following resolution was passed concerning the interim dividend for the current fiscal year. (a) Total dividends: ¥1,328 million (b) Dividend per share: ¥42.00」

    The company maintained its policy of stable dividends linked to earnings and resolved to increase the interim dividend per share from ¥27 in the previous fiscal year to ¥42.
  19. FY2019-Q1RestatedAnnual report

    「22 June 2018　Annual General Meeting of Shareholders　Common shares　1,217　39　31 March 2018　25 June 2018　Retained earnings」

    A year-end dividend of ¥39 per share, totaling ¥1,217 million, was paid for FY2018, confirming the implementation of the stable dividend policy linked to earnings.
  20. FY2018Annual dividend increased by ¥14Annual report

    「Based on this policy, dividends for the fiscal year were ¥39 per share for the year-end dividend and ¥27 per share for the interim dividend, resulting in an annual dividend of ¥66 per share.」

    The company maintained its basic policy of stable dividends linked to earnings and increased the annual dividend from ¥52 in the previous fiscal year to ¥66.
  21. FY2018-Q2Increase in the interim dividend by ¥1Annual report

    「At a meeting of the Board of Directors held on 6 November 2017, the company resolved as follows regarding the interim dividend for the current fiscal year. (b) Amount per share ………………………………… ¥27.00」

    While maintaining its policy of stable dividends in line with business performance, the company increased the interim dividend from the previous ¥26 to ¥27.
  22. FY2017Increase in the annual dividend by ¥2Annual report

    「Based on this policy, the company set the dividend for the current fiscal year at ¥26 per share for the year-end dividend and ¥26 per share for the interim dividend, resulting in an annual dividend of ¥52 per share.」

    While maintaining its basic policy of stable dividends in line with business performance, the company increased the annual dividend from ¥50 in the previous fiscal year to ¥52.
  23. FY2017-Q2Increase in the interim dividend by ¥1Annual report

    「(b) Amount per share ………………………………… ¥26.00」

    At a meeting of the Board of Directors held on 10 November 2016, the company resolved to pay an interim dividend of ¥26 per share for the current fiscal year. This was an increase of ¥1 from the interim dividend of ¥25 in the previous fiscal year.
  24. FY2016First statedAnnual report

    「Our basic policy is to maintain a sound financial position while continuing to pay stable dividends in line with business performance.」

    For the fiscal year ended March 2016, the company paid an interim dividend of ¥25, a year-end dividend of ¥25, and an annual dividend of ¥50.
Moved together

"Business Impact of Litigation and Legal Proceedings" moved the same way as this thread, in the same document, in 3 of its 25 moves.

322222★123456
  1. ★This thread
  2. 1Business Impact of Litigation and Legal Proceedings3×
  3. 2Reforming the business, systems and people through MS-Innovation2×
  4. 3Expanding the European platform and product portfolio through the acquisition of Hay Group2×
  5. 4Sales dependence on HONDA MOTOR CO.,LTD. and its group2×
  6. 5Changes in automotive demand and economic conditions worldwide2×
  7. 6Performance-linked executive remuneration based on performance metrics2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Musashi Seimitsu Industry yet. It last moved in the General Meeting of Shareholders of 2026-06-03: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.