Performance-linked dividends targeting a 50% payout ratio
First written in FY2016. 25 of 35 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-10-17.
77 other companies' latest entry also says "Restated".
- FY2026AdvancedAnnual report
「Based on the policy of paying at least 50% of normalized profit attributable to owners of the parent, the annual dividend was set at ¥65, consisting of an interim dividend of ¥31 and a year-end dividend of ¥34, marking the 15th consecutive year of dividend increases.」
Under the policy of paying at least 50% of base earnings and maintaining progressive dividends, the company paid an annual dividend of ¥65, marking the 15th consecutive year of dividend increases. - FY2026-H1AdvancedAnnual report
「With respect to the interim dividend for the 65th fiscal year, at a Board of Directors meeting held on 31 October 2025, the company resolved to pay an interim dividend as follows to shareholders recorded on the final shareholder register as of 30 September 2025. (a) Total dividend amount: ¥2,229 million (b) Dividend per share: ¥31.00」
A resolution was passed to pay an interim dividend for the 65th fiscal year totaling ¥2,229 million, or ¥31 per share. - FY2025RaisedAnnual report
「The total payout ratio will be 60% to 75% cumulatively over the three-year period of the medium-term management plan, from the fiscal year ending March 2026 through the fiscal year ending March 2028. …The company will pay dividends of at least 50% of the base amount each year and will adopt a progressive annual dividend policy, continuing to increase dividends at least during the period of the medium-term management plan (FY2025–27).」
The policy was expanded from the previous 50% payout ratio target to a cumulative total payout ratio of 60% to 75% over 3 years, dividends of at least 50% of base earnings, and a progressive dividend policy during the plan period. - FY2025-H1AdvancedAnnual report
「At a Board of Directors meeting held on 31 October 2024, the company resolved to pay an interim dividend as follows to shareholders recorded on the final shareholder register as of 30 September 2024. (a) Total dividend amount: ¥2,010,291,304 (b) Dividend per share: ¥28.00」
A resolution was passed to pay an interim dividend for the 64th fiscal year totaling ¥2,010 million, or ¥28 per share. The dividend amount was based on the post-stock-split number of shares and represented the dividend results under the policy of targeting a 50% payout ratio. - FY2024AdvancedAnnual report
「Although earnings declined, based on the basic policy of paying a 50% annual dividend, and taking into account that the decline was temporary, the company set the annual dividend at ¥112, comprising an interim dividend of ¥50 and a year-end dividend of ¥62, representing the 13th consecutive year of dividend increases, with a payout ratio of 54.0%.」
Under the policy of paying 50% of earnings excluding extraordinary gains and losses, the company paid an annual dividend of ¥112, with a payout ratio of 54.0%, marking the 13th consecutive year of dividend increases. - FY2024-Q2AdvancedAnnual report
「With respect to the interim dividend for the 63rd fiscal year, at a Board of Directors meeting held on 31 October 2023, the company resolved to pay an interim dividend as follows to shareholders recorded on the final shareholder register as of 30 September 2023. (a) Total dividend amount: ¥1,814,701,050 (b) Dividend per share: ¥50.00」
A resolution was passed to pay an interim dividend for the 63rd fiscal year totaling ¥1,814 million, or ¥50 per share. - FY2024-Q1AdvancedAnnual report
「Board of Directors meeting, 12 May 2023 Common shares 2,286,262 63 31 March 2023 8 June 2023 Retained earnings」
A total of ¥2,286 million, or ¥63 per share, was paid as the year-end dividend for the 62nd fiscal year. No change to the policy itself of targeting a 50% payout ratio was stated. - FY2023ReframedAnnual report
「The company’s basic dividend policy is to distribute earnings on a performance-linked basis, targeting a dividend equal to 50% of the amount obtained by excluding the impact of extraordinary gains and losses from net income attributable to owners of the parent.」
The description of the basic policy targeting a 50% payout ratio was made more specific by defining the basis as earnings excluding the impact of extraordinary gains and losses. The payout ratio for the 62nd fiscal year was 52.87%. - FY2023-Q2AdvancedAnnual report
「Board of Directors meeting, 31 October 2022 Common shares 1,794,720 48 30 September 2022 2 December 2022 Retained earnings」
A resolution was passed to pay an interim dividend for the 62nd fiscal year totaling ¥1,794 million, or ¥48 per share, with payments beginning on 2 December 2022. - FY2023-Q1AdvancedAnnual report
「Board of Directors meeting, 13 May 2022 Common shares 1,987,499 53 31 March 2022 10 June 2022 Retained earnings」
A total of ¥1,987 million, or ¥53 per share, was paid as the year-end dividend for the 61st fiscal year. - FY2022-Q2AdvancedAnnual report
「Board of Directors meeting, 29 October 2021 Common shares 1,650,009 88 30 September 2021 2 December 2021 Retained earnings」
A resolution was passed to pay an interim dividend for the 61st fiscal year totaling ¥1,650 million, or ¥88 per share, with payments beginning on 2 December 2021. - FY2021AdvancedAnnual report
「The dividend of surplus for the 60th fiscal year was as follows.」
For the 60th fiscal year, the company paid an interim dividend of ¥60, a year-end dividend of ¥101 and an annual dividend of ¥161. The payout ratio was 58.24%, and the results for the fiscal year under the policy of targeting a 50% payout ratio were disclosed. - FY2021-Q2AdvancedAnnual report
「Board of Directors meeting, 30 October 2020 Common shares 1,124,915 60 30 September 2020 2 December 2020 Retained earnings」
A resolution was passed to pay an interim dividend for the 60th fiscal year totaling ¥1,124 million, or ¥60 per share, with payments beginning on 2 December 2020. There was no change to the policy of targeting a 50% payout ratio. - FY2021-Q1AdvancedAnnual report
「25 June 2020 Annual General Meeting of Shareholders Common shares 1,440,401 77 31 March 2020 26 June 2020 Retained earnings」
A total of ¥1,440 million, or ¥77 per share, was paid as the year-end dividend for the 59th fiscal year. - FY2020RestatedAnnual report
「Our basic dividend policy is to distribute earnings through performance-linked dividends targeting a payout ratio of 50% based on net income attributable to owners of the parent.」
The company continued its policy of performance-linked dividends targeting a 50% payout ratio and two dividend payments per year. For the 59th fiscal year, the interim dividend was ¥83, the year-end dividend was ¥77, the annual dividend was ¥160, and the payout ratio was 49.52%. - FY2020-Q2AdvancedAnnual report
「Board of Directors meeting, 31 October 2019 Common shares 1,552,649 83 30 September 2019 3 December 2019 Retained earnings」
A resolution was passed to pay an interim dividend for the 59th fiscal year totaling ¥1,552 million, or ¥83 per share, with payments beginning on 3 December 2019. - FY2020-Q1AdvancedAnnual report
「18 June 2019 Annual General Meeting of Shareholders Common shares 1,328,180 71 31 March 2019 19 June 2019 Retained earnings」
As the year-end dividend for the 58th fiscal year, ¥1,328 million was paid, or ¥71 per share. - FY2019AdvancedAnnual report
「The dividends from retained earnings for the 58th fiscal year are as follows.」
For the 58th fiscal year, the company paid an interim dividend of ¥70 per share and a year-end dividend of ¥71 per share, for total annual dividends of ¥141 per share and a payout ratio of 49.41%. The policy targeting a 50% payout ratio remains unchanged. - FY2019-Q2AdvancedAnnual report
「Regarding the interim dividend for the 58th fiscal year, from 1 April 2018 to 31 March 2019, the Board of Directors resolved at its meeting held on 31 October 2018 to pay an interim dividend as follows to shareholders recorded in the final shareholder register as of 30 September 2018. (a) Total dividend amount ¥1,309,486,640 (b) Dividend per share ¥70.00」
The company resolved to pay an interim dividend for the 58th fiscal year totaling ¥1,309 million, or ¥70 per share, with payments beginning on 3 December 2018. - FY2019-Q1AdvancedAnnual report
「28 June 2018 Annual General Meeting of Shareholders Common shares 1,272,076 68 31 March 2018 29 June 2018 Retained earnings」
As the year-end dividend for the 57th fiscal year, ¥1,272 million was paid, or ¥68 per share. - FY2018RestatedAnnual report
「Our basic dividend policy is to distribute earnings through performance-linked dividends targeting a payout ratio of 50% based on net income attributable to owners of the parent.」
The company continues its policy of performance-linked dividends targeting a 50% payout ratio and paying dividends twice a year. The payout ratio for the 57th fiscal year was 50.03%. - FY2018-Q3RestatedAnnual report
「Board of Directors meeting, 31 October 2017 Common shares 1,069,706 57 30 September 2017 4 December 2017 Retained earnings」
The details of the interim dividend for the 57th fiscal year are stated as a total payment of ¥1,069.706 million, or ¥57 per share, with payments beginning on 4 December 2017. - FY2018-Q2AdvancedAnnual report
「Board of Directors meeting, 31 October 2017 Common shares 1,069,706 57 30 September 2017 4 December 2017 Retained earnings」
The company resolved to pay an interim dividend for the 57th fiscal year totaling ¥1,069,706,460, or ¥57 per share, with payments beginning on 4 December 2017. - FY2018-Q1AdvancedAnnual report
「29 June 2017 Annual General Meeting of Shareholders Common shares 1,065,044 56 31 March 2017 30 June 2017 Retained earnings」
As the year-end dividend for the 56th fiscal year, ¥1,065.044 million was paid, or ¥56 per share. - FY2017RestatedAnnual report
「Our basic dividend policy is to distribute earnings through performance-linked dividends targeting a payout ratio of 50% based on net income attributable to owners of the parent.」
The company continues its policy of performance-linked dividends targeting a 50% payout ratio and paying dividends twice a year. The payout ratio for the 56th fiscal year was 50.30%. - FY2017-Q3RestatedAnnual report
「At a meeting held on 31 October 2016, the Board of Directors resolved to pay an interim dividend as follows to shareholders recorded in the final shareholder register as of 30 September 2016.」
For the interim dividend, the previously approved amount of ¥54 per share and total payment of ¥1,027,021,356 for the second quarter are reproduced. - FY2017-Q2AdvancedAnnual report
「Regarding the interim dividend for the 56th fiscal year, from 1 April 2016 to 31 March 2017, the Board of Directors resolved at its meeting held on 31 October 2016 to pay an interim dividend as follows to shareholders recorded in the final shareholder register as of 30 September 2016.」
The company resolved to pay an interim dividend totaling ¥1,027,021,356, or ¥54 per share, with payments beginning on 2 December 2016. - FY2017-Q1AdvancedAnnual report
「29 June 2016 Annual General Meeting of Shareholders Common shares 958,126 50 31 March 2016 30 June 2016 Retained earnings」
For the dividend with a record date of 31 March 2016, a total of ¥958.126 million was paid, or ¥50 per share. - FY2016First statedAnnual report
「Our basic dividend policy is to distribute earnings through performance-linked dividends targeting a payout ratio of 50% based on net income attributable to owners of the parent.」
The company has stated a policy of returning profits through dividends twice a year, targeting a 50% payout ratio. Retained earnings will be used for growth strategies and to strengthen the management base.