Achieving a three-year average total payout ratio of 70%
First written in FY2018. 1 of 2 entries say "Reframed", first in FY2025. Latest entry: FY2025.
As One moved to the "Worse" side of this theme in 2025, 5 years after the typical company in this theme (2020).
8 other companies' latest entry also says "Reframed".
- FY2025Resetting the total payout ratio policyAnnual report
「The cumulative total payout ratio will be set at 60%–75% over the 3-year period covered by the medium-term management plan, from the fiscal year ending March 2026 through the fiscal year ending March 2028.」
The policy was reset from the previous target of a 70% three-year average total payout ratio to a cumulative ratio of 60%–75% for the 3 years from FY2025 to FY2027. - FY2018First statedAnnual report
「The average total payout ratio for the 3 years from fiscal 2015 through the consolidated fiscal year was expected to reach the 70% target, including the planned year-end dividend, following the acquisition of ¥1,999 million of treasury shares during the consolidated fiscal year. Each of the targets was achieved in the consolidated fiscal year, resulting in a three-year average total payout ratio of 70.1%.」
For the three-year average total payout ratio from fiscal 2015 through fiscal 2017, the actual result was 70.1% versus the 70.0% target.