30% Dividend Payout Ratio Guideline in the New Medium-Term Management Plan
First written in FY2021. 7 of 11 entries say "Advanced", first in FY2023-Q2. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「For the fiscal year ending March 2026, based on this policy, the company set the year-end dividend at ¥24 per share and the annual dividend at ¥46 per share. The annual dividend represents an increase of ¥5, or 12.2%, from the previous fiscal year’s actual dividend of ¥41 per share.」
Under the progressive dividend policy and the 3.0% DOE policy, the annual dividend was increased by ¥5 from ¥41 in the previous fiscal year to ¥46 per share. - 2026-05-14AdvancedRevision of earnings forecasts
「Accordingly, our forecast for the next fiscal year's annual dividend has been set at ¥51 per share. This represents an increase of ¥5 (10.9%) from the current fiscal year's dividend, and DOE will be 3.0%.」
Under the progressive dividend policy and 3.0% DOE policy, presented a forecast annual dividend of ¥51 per share for the next fiscal year. - FY2026-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 6 November 2025, the following resolutions were passed regarding the interim dividend for the fiscal year: ① Total interim dividend: ¥42,452 million ② Dividend per share: ¥22.00」
Under the progressive dividend policy, the company resolved to pay an interim dividend of ¥22 per share, totaling ¥42.452 billion. This is an increase from the previous year’s interim dividend of ¥20 per share. - FY2025RaisedAnnual report
「As stated in the medium-term management plan “By Your Side,” from the fiscal year ending March 2026, we will newly adopt DOE as an indicator suited to progressive dividends and raise the DOE level to 3.0% to strengthen shareholder returns.」
In addition to the progressive dividend policy, the company stated a policy of adopting DOE as a new indicator from the fiscal year ending March 2026 and raising the DOE level to 3.0%. - FY2025-H1AdvancedAnnual report
「In addition, at a meeting of the Board of Directors held on 8 November 2024, the following resolutions were passed regarding the interim dividend for the fiscal year: ① Total interim dividend: ¥38,592 million ② Dividend per share: ¥20.00」
Under the progressive dividend policy, the company resolved on 8 November 2024 to pay an interim dividend of ¥20 per share, totaling ¥38.592 billion. The amount per share is based on the post-stock-split number of shares. - FY2024AdvancedAnnual report
「Under the basic progressive dividend policy, the annual dividend for the consolidated fiscal year was set at ¥122 per share, an increase of ¥22 from the previous consolidated fiscal year.」
After changing from the former reference to a 30% payout ratio as a guideline to a progressive dividend policy, the company raised the annual dividend by ¥22 year on year to ¥122 per share and paid dividends consistently and stably. - FY2024-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 7 November 2023, the following resolutions were passed regarding the interim dividend for the fiscal year: ① Total interim dividend: ¥26,530 million ② Dividend per share: ¥55.00」
Under the progressive dividend policy of paying dividends consistently and stably, the company resolved on 7 November 2023 to pay an interim dividend of ¥55 per share, totaling ¥26.53 billion. - FY2023ReframedAnnual report
「Our basic policy is to pay dividends consistently and stably under a progressive dividend policy. … Under this basic policy, the annual dividend for the consolidated fiscal year was set at ¥100 per share, an increase of ¥9 from the previous consolidated fiscal year.」
The wording was changed from the previous reference to a 30% payout ratio as a guideline to a basic policy of consistent and stable progressive dividends, and the annual dividend was ¥100 per share. - FY2023-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 8 November 2022, the following resolutions were passed regarding the interim dividend for the fiscal year: ① Total interim dividend: ¥24,286 million ② Dividend per share: ¥50.00」
Under the new medium-term management plan’s policy of paying dividends consistently and stably, the company resolved to pay an interim dividend of ¥50 per share. The actual payout ratio of 30% itself was not disclosed in this filing. - FY2022RestatedAnnual report
「Our basic dividend policy is to pay dividends consistently and stably, using the 30% payout ratio target announced in the “Medium-Term Management Plan (April 2021–March 2026) — Small, Minimal, Light, Short and Beautiful” as a guideline.」
The company continued the dividend policy under the new medium-term management plan, which uses a 30% payout ratio as a guideline, and set the annual dividend at ¥91 per share. - FY2021First statedAnnual report
「Our basic policy is to pay dividends consistently, using the 30% dividend payout ratio set as a guideline in the “Medium-Term Management Plan (April 2021–March 2026) — ‘Small, Few, Light, Short and Beautiful’” announced on 24 February 2021.」
In place of the previous policy of a payout ratio of at least 15%, the new medium-term management plan newly stated a policy of paying dividends on an ongoing basis with a payout ratio of 30% as a guideline. The annual dividend for the fiscal year was ¥90 per share.