Earnings-linked shareholder returns based on stable dividends
First written in FY2017. 6 of 12 entries say "Raised", first in FY2025. Latest entry: FY2026.
- FY2026RaisedAnnual report
「Based on this policy, the company had previously set a payout ratio of at least 30% and progressive dividends of at least ¥40 per share as its basic policy. To enhance returns to shareholders, it will raise the target payout ratio to at least 50%, maintain progressive dividends of at least ¥70 per share, and pursue further improvements in capital efficiency.」
The shareholder return targets were raised from a payout ratio of at least 30% and dividends of at least ¥40 per share to a payout ratio of at least 50% and dividends of at least ¥70 per share. - FY2025RaisedAnnual report
「During the period of the medium-term management plan ending in March 2026, the dividend policy is to maintain a payout ratio of at least 30% and progressive dividends of at least ¥40 per share. In addition to the earnings-linked returns implemented to date, the company will continue to provide stable dividends while avoiding reductions.」
In addition to the previous stable dividend and earnings-linked policies, the company specified a payout ratio of at least 30% and progressive dividends of at least ¥40 per share through the end of March 2026. - FY2023RestatedAnnual report
「Our basic policy regarding the distribution of profits to shareholders is to provide returns linked to business performance while maintaining stable dividends. Dividends will be determined comprehensively as we reinvest in future business expansion and strengthen our financial base.」
The company reconfirms its policy of determining shareholder returns by taking business performance, future reinvestment, and the financial base into comprehensive consideration while maintaining stable dividends. - FY2022RestatedAnnual report
「Our basic policy regarding the distribution of profits to shareholders is to provide returns linked to business performance while maintaining stable dividends. Dividends will be determined comprehensively as we reinvest in future business expansion and strengthen our financial base.」
The company reconfirms its policy of determining shareholder returns by taking business performance, future investment, and the financial base into comprehensive consideration while maintaining stable dividends. - FY2021RestatedAnnual report
「Our basic policy regarding the distribution of profits to shareholders is to provide returns linked to business performance while maintaining stable dividends. Dividends will be determined comprehensively as we reinvest in future business expansion and strengthen our financial base.」
The company reconfirms its policy of determining shareholder returns by taking business performance, future investment, and the financial base into comprehensive consideration while maintaining stable dividends. - FY2020RestatedAnnual report
「Our basic policy regarding the distribution of profits to shareholders is to provide returns linked to business performance while maintaining stable dividends. Dividends will be determined comprehensively as we reinvest in future business expansion and strengthen our financial base.」
The company reconfirms its policy of determining shareholder returns by taking business performance, future investment, and the financial base into comprehensive consideration while maintaining stable dividends. - FY2018RestatedAnnual report
「Our basic policy regarding the distribution of profits to shareholders is to provide returns linked to business performance while maintaining stable dividends. Dividends will be determined comprehensively as we reinvest in future business expansion and strengthen our financial base.」
The company reconfirms its dividend policy of taking stable dividends, earnings-linked shareholder returns, future investment, and strengthening the financial base into comprehensive consideration. - FY2017First statedAnnual report
「Our basic policy regarding the distribution of profits to shareholders is to provide returns linked to business performance while maintaining stable dividends. Dividends will be determined comprehensively as we reinvest in future business expansion and strengthen our financial base.」
The company sets out a dividend policy that takes stable dividends, earnings-linked shareholder returns, future investment, and strengthening the financial base into comprehensive consideration.