Komori
Subaru (7270) · PolicyAnnual dividend increased to ¥115.5

Ongoing dividends based primarily on a consolidated payout ratio of 20%–40%

First written in FY2016. 16 of 30 entries say "Restated". Latest entry: FY2026.

30entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2019-Q2 – FY2020-Q3RestatedFY2022-Q2 – FY2024-Q12016: 220162017: 320172018: 420182019: 420192020: 320202021: 220212022: 220222023: 320232024: 120242025: 220252026: 42026
Same theme, other companies
Dividend policy based on consolidated dividend-on-equity ratio and payout ratio criteriaA theme 317 companies write about · 0 as a headwind · 328 as a tailwind
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Showing 14 of the 196 companies compared. The sentences above are computed from all 196.Comparing 200 of the theme's 330 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2026Annual dividend increased to ¥115.5Annual report

    「After taking into consideration performance for the fiscal year ending March 2026, future business development and other factors, the company plans to have the 95th Annual General Meeting, scheduled for 24 June 2026, approve and implement a regular dividend of ¥58.5 per share, in line with the latest forecast, resulting in annual dividends of ¥115.5 per share including the interim dividend of ¥57 per share already paid.」

    The company indicated plans to raise annual dividends from ¥115 per share in the previous fiscal year to ¥115.5, under a policy targeting DOE of 3.5% and progressive dividends.
  2. FY2026-H1Raised the interim dividend to ¥57 per shareAnnual report

    「At a meeting of the Board of Directors held on 10 November 2025, the following resolution was adopted concerning the interim dividend for the current fiscal year: (2) Interim dividend per share: ¥57.00」

    No change in the shareholder return policy itself was indicated, but an interim dividend of ¥57 per share for the current interim period was approved.
  3. FY2025ReframedAnnual report

    「After comprehensively considering business performance, investment plans, the business environment and other factors each fiscal year, the company has set a target total shareholder return ratio of at least 40%, positioned dividends as the basic form of shareholder returns, and set DOE at 3.5% with the aim of achieving progressive dividends.」

    The shareholder return policy was reorganized from the previous policy based on a consolidated dividend payout ratio of 30%–50% to one combining a total shareholder return ratio of at least 40%, DOE of 3.5% and progressive dividends.
  4. FY2024AdvancedAnnual report

    「In light of factors including consolidated performance for the fiscal year ended March 2024 exceeding forecasts, the 93rd Annual General Meeting approved changing the latest dividend forecast to a regular dividend of ¥48 per share, an increase of ¥10 from ¥38, plus a commemorative dividend of ¥10, for a total of ¥58 per share, resulting in annual dividends of ¥106 per share including the interim dividend of ¥48 per share already paid.」

    Under the policy of using a total shareholder return ratio of 30%–50% as the guideline, annual dividends were raised from ¥76 per share to ¥106, demonstrating specific returns including the commemorative dividend.
  5. FY2024-Q2ReframedAnnual report

    「With a total shareholder return ratio of 30%–50% as a guideline, the company will comprehensively consider business performance, investment plans and the business environment and provide stable, continuous dividends and conduct flexible share buybacks.」

    The policy was reorganized from the previous expression of maintaining a consolidated dividend payout ratio of 30%–50% as the basic guideline to using a total shareholder return ratio of 30%–50%, including dividends and share buybacks, as the guideline. The interim dividend was set at ¥48 per share, including a commemorative dividend.
  6. FY2024-Q1RestatedAnnual report

    「21 June 2023 92nd fiscal year Annual General Meeting Common shares 29,161 38.0 31 March 2023 22 June 2023 Retained earnings」

    A year-end dividend of ¥38 per share was paid for the fiscal year ended March 2023 under the policy of providing continuous and stable shareholder returns.
  7. FY2023Raised the annual dividend to ¥76 per shareAnnual report

    「After taking into consideration the current fiscal year's performance, future business development, the business environment and other factors, the 92nd Annual General Meeting approved a year-end dividend of ¥38 per share, in line with the latest forecast, and annual dividends of ¥76 per share including the interim dividend of ¥38 per share already paid.」

    Under the policy of maintaining a consolidated dividend payout ratio of 30%–50% as the basic guideline, the annual dividend was raised from ¥56 per share in the previous fiscal year to ¥76.
  8. FY2023-Q2Raised the interim dividend to ¥38 per shareAnnual report

    「Dividend per share: ¥38.00」

    No significant change in the policy itself of providing continuous and stable shareholder returns was indicated, but the interim dividend for the current fiscal year was raised from ¥28 per share in the same period of the previous year to ¥38.
  9. FY2022RestatedAnnual report

    「The basic approach to shareholder returns remains unchanged. Dividends will remain the main form of continuous and stable returns, with the amount determined each fiscal year based on business performance, investment plans and the business environment, in line with performance, with a consolidated dividend payout ratio of 30%–50%.」

    The company reaffirmed its policy of providing continuous and stable returns primarily through dividends, with a consolidated dividend payout ratio of 30%–50%, and paid annual dividends of ¥56 per share.
  10. FY2022-Q2RestatedAnnual report

    「At a meeting of the Board of Directors held on 5 November 2021, the following resolutions were adopted concerning the interim dividend for the current fiscal year: (1) Total interim dividend: ¥21,485 million (2) Dividend per share: ¥28.00」

    An interim dividend of ¥28 per share for the current fiscal year was approved under the policy of providing continuous and stable shareholder returns.
  11. FY2021SoftenedAnnual report

    「The global spread of COVID-19 and semiconductor supply shortages have had a significant impact on our production, sales and other business activities. Following a comprehensive review that took into account this uncertain business environment, future funding needs and other factors, the 90th Annual General Meeting approved a year-end dividend of ¥28 per share, in line with the latest forecast, and annual dividends of ¥56 per share including the interim dividend of ¥28 per share already paid.」

    While maintaining the policy of continuous and stable dividends, annual dividends changed from ¥100 per share in the previous fiscal year to ¥56, with a year-end dividend of ¥28.
  12. FY2021-Q1RestatedAnnual report

    「23 June 2020 89th fiscal year Annual General Meeting Common shares 21,482 28.0 31 March 2020 24 June 2020 Retained earnings」

    The previous change setting the year-end dividend at ¥28 per share in light of COVID-19 and funding needs was implemented through the payment made on 24 June 2020.
  13. FY2020SoftenedAnnual report

    「After comprehensively considering future funding needs and other factors, the 89th Annual General Meeting approved changing the latest year-end dividend forecast from ¥72 to ¥28 per share, resulting in annual dividends of ¥100 per share including the interim dividend of ¥72 per share already paid.」

    In light of the spread of COVID-19 and funding needs, the year-end dividend was changed from ¥72 to ¥28 per share and the annual dividend to ¥100, compared with the previous policy based on annual dividends of ¥144 per share.
  14. FY2020-Q3RestatedAnnual report

    「At a meeting of the Board of Directors held on 6 November 2019, the following resolutions were adopted concerning the interim dividend for the current fiscal year: (1) Total interim dividend: ¥55,240 million (2) Dividend per share: ¥72.00 (3) Effective date of dividend payment claim and payment commencement date: 3 December 2019」

    An interim dividend of ¥72 per share was paid under the policy of providing continuous and stable shareholder returns.
  15. FY2020-Q2RestatedAnnual report

    「At a meeting of the Board of Directors held on 6 November 2019, the following resolution was adopted concerning the interim dividend for the current fiscal year. (2) Dividend per share: ¥72.00」

    An interim dividend of ¥72 per share for the current fiscal year was approved under the policy of providing continuous and stable shareholder returns.
  16. FY2020-Q1RestatedAnnual report

    「21 June 2019 88th fiscal year Annual General Meeting Common shares 55,236 72.0 31 March 2019 24 June 2019 Retained earnings」

    A year-end dividend of ¥72 per share was paid for the fiscal year ended March 2019 under the policy of providing continuous and stable shareholder returns.
  17. FY2019RestatedAnnual report

    「Based on the above policy, the company decided to pay a dividend of ¥144 per share for the current fiscal year, including an interim dividend of ¥72 per share.」

    A dividend of ¥144 per share was paid for the year under the policy of providing continuous and stable shareholder returns based on annual dividends of ¥144 per share.
  18. FY2019-Q3RestatedAnnual report

    「At a meeting of the Board of Directors held on 5 November 2018, the following resolution was adopted concerning the interim dividend for the current fiscal year: ... Dividend per share: ¥72.00」

    An interim dividend payment of ¥72 per share was made under the policy of providing continuous and stable shareholder returns based on annual dividends of ¥144 per share.
  19. FY2019-Q2RestatedAnnual report

    「At a meeting of the Board of Directors held on 5 November 2018, the following resolution was adopted concerning the interim dividend for the current fiscal year: ... Dividend per share: ¥72.00」

    An interim dividend of ¥72 per share was approved under the policy of providing continuous and stable shareholder returns based on annual dividends of ¥144 per share.
  20. FY2019-Q1ReframedAnnual report

    「Dividends will remain the main form of shareholder returns, with an emphasis on providing continuous and stable returns. From the fiscal year ending March 2019 through the fiscal year ending March 2021, annual dividends will be based on ¥144 per share, with share buybacks conducted flexibly in line with cash flow.」

    Rather than restating the previous consolidated dividend payout ratio range of 30%–50%, the company presented a policy of basing annual dividends on ¥144 per share from the fiscal year ending March 2019 through the fiscal year ending March 2021, together with flexible share buybacks in line with cash flow.
  21. FY2018RestatedAnnual report

    「Dividends for each fiscal year will be determined based on a consolidated dividend payout ratio of 30%–50%, taking various factors into consideration.」

    The policy of maintaining a consolidated dividend payout ratio of 30%–50% as the basic guideline was maintained, and a dividend of ¥144 per share was paid for the year.
  22. FY2018-Q3RestatedAnnual report

    「At a meeting of the Board of Directors held on 6 November 2017, the following resolutions were adopted concerning the interim dividend for the current fiscal year: (1) Total interim dividend: ¥55,233 million (2) Dividend per share: ¥72.00」

    An interim dividend payment of ¥72 per share was made under the policy of maintaining a consolidated dividend payout ratio of 30%–50% as the basic guideline.
  23. FY2018-Q2RestatedAnnual report

    「At a meeting of the Board of Directors held on 6 November 2017, the following resolutions were adopted concerning the interim dividend for the current fiscal year: (1) Total interim dividend: ¥55,233 million (2) Dividend per share: ¥72.00 (3) Effective date of dividend payment claim and payment commencement date: 7 December 2017」

    An interim dividend of ¥72 per share was approved under the policy of maintaining a consolidated dividend payout ratio of 30%–50% as the basic guideline.
  24. FY2018-Q1RestatedAnnual report

    「23 June 2017 86th fiscal year Annual General Meeting Common shares 55,230 72.0 31 March 2017 26 June 2017 Retained earnings」

    A payment of ¥72 per share was made as the year-end dividend for the 86th fiscal year, confirming the implementation of the ongoing dividend policy.
  25. FY2017RaisedAnnual report

    「Dividends for each fiscal year from the 87th fiscal year onward will be determined based on a consolidated dividend payout ratio revised to 30%–50% (previously 20%–40%), taking various factors into consideration.」

    The basic range was raised from the previous consolidated dividend payout ratio of 20%–40% to 30%–50%.
  26. FY2017-Q2RestatedAnnual report

    「At a meeting of the Board of Directors held on 2 November 2016, the company resolved the following regarding the interim dividend for the current fiscal year: 'Amount per share: ¥72.00.'」

    The company disclosed a resolution to pay an interim dividend of ¥72 per share, confirming the continuation of dividend payments.
  27. FY2016First statedAnnual report

    「Dividends for each period will be determined after considering various conditions, based on a consolidated payout ratio of 20%–40%.」

    The company is committed to continuing to pay dividends and uses a consolidated payout ratio of 20%–40% as its benchmark. The dividend for the current fiscal year is ¥144 per share.
Moved together

"Value-Added Management: “Polishing the Subaru Brand”" moved the same way as this thread, in the same document, in 4 of its 30 moves.

443333★123456
  1. ★This thread
  2. 1Value-Added Management: “Polishing the Subaru Brand”4×
  3. 2Share Repurchase to Enhance Shareholder Value and Capital Efficiency4×
  4. 3Strengthening Corporate Governance3×
  5. 4Concentration of Development Resources on the Automotive Business3×
  6. 5Expansion of global production capacity to 1.03 million and 1.13 million units3×
  7. 6New Business Development and Enhanced Cost Competitiveness in the Aerospace Business3×

★ 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 Subaru yet. It last moved in the General Meetings of Shareholders of 2026-05-26: "Restated".
News
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