Stable dividends with a target payout ratio of at least 20%
First written in FY2016. 5 of 17 entries say "Restated". Latest entry: 2026-08-14.
- 2026-08-14SoftenedResults
「2027年３月期の配当予想につきましては、現時点では未定としております。」
当期の普通株式配当予想について具体性を示していない。 - FY2026SoftenedAnnual report
「To maintain stable dividends by comprehensively considering earnings and cash flow balance, we use a payout ratio of 20% or more as a guideline. As net income attributable to owners of the parent for the fiscal year ending March 2026 is expected to be ¥4,107 million in the black, the dividend is set at ¥10.0 per share. Due to the uncertain outlook resulting from conflicts in the Middle East and Ukraine and the uncertainty affecting the global economy, it is difficult to make a reasonable calculation at this stage, so the consolidated earnings forecast and dividend forecast for the fiscal year ending March 2027 are both undetermined.」
A payout ratio of 20% or more and a ¥10 per share dividend for the fiscal year ending March 2026 were indicated, while the earnings and dividend forecasts for the fiscal year ending March 2027 were left undetermined, reducing the specificity of the following fiscal year’s outlook. - FY2026-H1RestatedAnnual report
「Annual General Meeting of Shareholders held on 29 June 2025; common shares; total dividends: ¥400 million; dividend per share: ¥10.00; record date: 31 March 2025; effective date: 30 June 2025; source of dividends: retained earnings」
For the fiscal year ended March 2025, a dividend of ¥10.00 per common share was paid on 30 June 2025. The common share dividend of ¥10.00 stated previously was maintained. - FY2025-H1Increase in common share dividendAnnual report
「Annual General Meeting of Shareholders held on 23 June 2024; common shares; total dividends: ¥400 million; dividend per share: ¥10.00; record date: 31 March 2024; effective date: 24 June 2024; source of dividends: retained earnings」
The dividend per common share increased from the previously stated ¥7.50 to ¥10.00 and was paid on 24 June 2024. - FY2024-Q1AchievedAnnual report
「23 June 2023 Annual General Meeting of Shareholders Common shares 299 7.50 31 March 2023 26 June 2023 Capital surplus」
For the fiscal year ended March 2023, a dividend of ¥7.50 per common share was paid on 26 June 2023. Common share dividends have resumed after a period of no dividends. - FY2021SoftenedAnnual report
「In view of the loss in net income attributable to owners of the parent for the fiscal year ending March 2021, we plan to pay no dividend. As our full-year consolidated earnings forecast for the fiscal year ending March 2022 is undetermined, our dividend forecast is also undetermined.」
No dividend is planned for the fiscal year ending March 2021, and the dividend forecast for the fiscal year ending March 2022 was also left undetermined. The previous actual dividend per share and the specifics of the stable dividend policy have become even less clear. - FY2021-Q1AchievedAnnual report
「Annual General Meeting of Shareholders held on 28 June 2020; common shares; total dividends: ¥98 million; dividend per share: ¥2.5; record date: 31 March 2020; effective date: 29 June 2020; source of dividends: retained earnings」
The ¥2.5 per share year-end dividend for the fiscal year ended March 2020 stated in the previous filing was paid on 29 June 2020. - FY2020SoftenedAnnual report
「Although net income attributable to owners of the parent was in the red for the fiscal year ended March 2020, we achieved operating income and ordinary income in the black for 3 consecutive fiscal years. We intend to pay a year-end dividend of ¥2.50 per share for the current fiscal year. As our full-year consolidated earnings forecast for the fiscal year ending March 2021 is undetermined, our dividend forecast is also undetermined.」
The dividend was reduced from the previous actual dividend of ¥7.5 per share to ¥2.5 for the current fiscal year, and the dividend forecast for the following fiscal year was also left undetermined. The stable dividend policy remains in place, but it has become less specific than before. - FY2020-Q3RestatedAnnual report
「Annual General Meeting of Shareholders held on 24 June 2019; common shares; total dividends: ¥293 million; dividend per share: ¥7.5; record date: 31 March 2019; effective date: 25 June 2019; source of dividends: retained earnings」
The fact that a dividend of ¥7.5 per share was paid for the fiscal year ended March 2019 is reiterated. - FY2020-Q2RestatedAnnual report
「Annual General Meeting of Shareholders held on 24 June 2019; common shares; total dividends: ¥293 million; dividend per share: ¥7.5; record date: 31 March 2019; effective date: 25 June 2019; source of dividends: retained earnings」
The fact that a dividend of ¥7.5 per share was paid for the fiscal year ended March 2019 is reiterated. - FY2019-Q2RestatedAnnual report
「Annual General Meeting of Shareholders held on 18 June 2018; common shares; total dividends: ¥293 million; dividend per share: ¥7.5; record date: 31 March 2018; effective date: 19 June 2018; source of dividends: retained earnings」
The payment of the ¥7.5 per share dividend is reiterated as the dividend payment amount. - FY2019-Q1AchievedAnnual report
「Annual General Meeting of Shareholders held on 18 June 2018; common shares; total dividends: ¥293 million; dividend per share: ¥7.5; record date: 31 March 2018; effective date: 19 June 2018; source of dividends: retained earnings」
The ¥7.5 per share dividend stated in the FY2018 securities report was paid on 19 June 2018. - FY2018ReframedAnnual report
「After comprehensively considering these factors, we will increase the dividend under the original plan by ¥2.5 per share and pay a dividend of ¥7.5. For the annual dividend for the fiscal year ending March 2019, we plan to pay ¥5 per share, as we intend to maintain stable dividends while taking into account the maintenance and improvement of our financial position.」
A dividend of ¥7.5, ¥2.5 above the previous plan, will be paid for the current fiscal year, while the previous wording referring to a payout ratio of 20% or more was not repeated; the following fiscal year was presented as a plan for a stable dividend of ¥5 per share. - FY2018-Q1AchievedAnnual report
「Annual General Meeting of Shareholders held on 25 June 2017; common shares; total dividends: ¥195 million; dividend per share: ¥5; record date: 31 March 2017; effective date: 26 June 2017; source of dividends: retained earnings」
The ¥5 per share dividend for the fiscal year ended March 2017 planned in the previous filing was paid on 26 June 2017. - FY2016First statedAnnual report
「To maintain stable dividends by comprehensively considering earnings, the payout ratio and cash flow balance, we use a payout ratio of 20% or more as a guideline. For the annual dividend for the fiscal year ending March 2017, we plan to pay ¥5 per share, subject to achieving operating profitability.」
A payout ratio of 20% or more is the guideline, and a dividend of ¥5 per share is planned for the fiscal year ending March 2017, subject to achieving operating profitability.