Targets of a payout ratio of at least 25% and a dividend-on-equity ratio of at least 1.5%
First written in FY2017. 5 of 8 entries say "Restated". Latest entry: 2026-09-16.
- 2026-09-16RestatedDividends
「We recognize the return of profits to shareholders as one of our key management priorities. Our basic policy is to continue returning profits to shareholders in accordance with business performance, using the dividend payout ratio and dividend-on-equity ratio as indicators, while securing retained earnings for a stable management base and growth investments.」
The company reaffirmed its basic policy of emphasizing the return of profits and using the dividend payout ratio and dividend-on-equity ratio as indicators. - FY2025RestatedAnnual report
「Specifically, we will aim for a payout ratio of 30%. Under this policy, the dividend for the current fiscal year was ¥26 per share, including an interim dividend of ¥12. As a result, the consolidated payout ratio for the current fiscal year was 35.9% and the dividend-on-equity ratio was 2.3%.」
The company maintained its policy of targeting a payout ratio of 30%. The actual payout ratio was 35.9% and the dividend-on-equity ratio was 2.3%. - FY2023RestatedAnnual report
「Specifically, we will aim for a payout ratio of 30%. Under this policy, the dividend for the current fiscal year was ¥44 per share, including an interim dividend of ¥23. As a result, the consolidated payout ratio for the current fiscal year was 39.9% and the dividend-on-equity ratio was 2.1%.」
The company maintained its policy of targeting a payout ratio of 30%; the payout ratio for the current fiscal year was 39.9% and the dividend-on-equity ratio was 2.1%. - FY2022RaisedAnnual report
「Specifically, we will aim for a payout ratio of 30%.」
The policy changed from targeting a payout ratio of 25%–30% to targeting 30%. - FY2020RestatedAnnual report
「Specifically, we will aim for a payout ratio of 25%–30%. Under this policy, the dividend for the current fiscal year was ¥36 per share, including an interim dividend of ¥17. As a result, the consolidated payout ratio for the current fiscal year was 30.9% and the dividend-on-equity ratio was 2.0%.」
The company maintained its policy of targeting a payout ratio of 25%–30%, and the consolidated payout ratio for the current fiscal year was 30.9%. - FY2019RestatedAnnual report
「Specifically, we will aim for a payout ratio of 25%–30%.」
The company reaffirmed its shareholder-return policy of targeting a payout ratio of 25%–30%, and the consolidated payout ratio for the current fiscal year was 28.6%. - FY2018SoftenedAnnual report
「Specifically, we will aim for a payout ratio of 25%–30%.」
The wording changed from the previous targets of a payout ratio of at least 25% and a dividend-on-equity ratio of at least 1.5% to a target payout ratio of 25%–30%, with the dividend-on-equity ratio no longer specified. - FY2017First statedAnnual report
「Specifically, our near-term targets are a payout ratio of at least 25% and a dividend-on-equity ratio of at least 1.5%.」
The company specified near-term shareholder-return targets of a payout ratio of at least 25% and a dividend-on-equity ratio of at least 1.5%.