Stable Dividends Linked to Business Performance
First written in FY2016. 22 of 38 entries say "Advanced", first in FY2018. Latest entry: 2026-08-07.
- FY2026AdvancedAnnual report
「The annual dividend for the fiscal year is expected to be ¥89 per share (consolidated payout ratio: 40.2%; consolidated DOE: 5.8%).」
The annual dividend increased from ¥63 in the previous fiscal year to ¥89, resulting in a consolidated payout ratio of 40.2% under the progressive dividend policy targeting a payout ratio of 40% or more. - FY2026-H1AdvancedAnnual report
「At the Board of Directors meeting held on 7 November 2025, the Company resolved to pay an interim dividend as follows to shareholders recorded in the shareholder registry as of 30 September 2025. ① Total dividends: ¥554 million ② Dividend per share: ¥20.00」
The interim dividend for the fiscal year ending March 2026 was ¥20 per share, an increase from ¥17 per share in the same period of the previous year. - FY2025RaisedAnnual report
「While seeking to increase earnings per share through sustainable growth and improved performance, we will work to maximize shareholder value through measures including a stable progressive dividend policy targeting a payout ratio of 40% or more, stock splits, share buybacks and the cancellation of treasury shares.*」
The Company raised its policy from maintaining a payout ratio of 35% or more to a progressive dividend policy targeting a payout ratio of 40% or more. The full-year dividend was ¥63 per share, with a consolidated payout ratio of 40.6%. - FY2024AdvancedAnnual report
「The annual dividend for the fiscal year was ¥55 per share (consolidated payout ratio: 31.4%; consolidated DOE: 4.3%).」
The annual dividend increased from ¥47 in the previous fiscal year to ¥55, resulting in a payout ratio of 31.4% and a DOE of 4.3%. - FY2024-Q3AdvancedAnnual report
「At the Board of Directors meeting held on 8 November 2023, the Company resolved to pay an interim dividend as follows to shareholders recorded in the shareholder registry as of 30 September 2023. ① Total dividends: ¥471 million ② Dividend per share: ¥17.00」
The Company resolved to pay and paid an interim dividend of ¥471 million in total, or ¥17 per share, for the fiscal year ending March 2024. - FY2024-Q2AdvancedAnnual report
「Board of Directors meeting held on 8 November 2023 Ordinary shares 471 17 30 September 2023 6 December 2023 Retained earnings」
The Company resolved to pay an interim dividend totaling ¥471 million, or ¥17 per share, with 30 September 2023 as the record date. This was an increase from the previous fiscal year's interim dividend of ¥12 per share. - FY2024-Q1AdvancedAnnual report
「26 June 2023 Annual General Meeting of Shareholders Common shares 997 35 31 March 2023 27 June 2023 Retained earnings」
The company paid total year-end dividends of ¥997 million, or ¥35 per share, for the fiscal year ended March 2023. - FY2023AdvancedAnnual report
「The annual dividend for the fiscal year was ¥47 per share, with a consolidated payout ratio of 30.8% and consolidated DOE of 4.0%.」
Since the fiscal year ended March 2021, when no dividend was paid, the annual dividend increased from ¥19 per share in the previous fiscal year to ¥47. The company continued to pay dividends under its policy of performance-linked, stable dividends. - FY2023-Q3AdvancedAnnual report
「Meeting of the Board of Directors held on 7 November 2022」
The company paid an interim dividend of ¥12 per share, or ¥341 million in total, with 30 September 2022 as the record date. The increased dividend, up from ¥7 per share for the previous year's interim dividend, continued. - FY2023-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 7 November 2022, the company resolved to pay an interim dividend as follows to shareholders recorded in the shareholder registry as of 30 September 2022: ① Total dividends ¥341 million ② Dividend per share ¥12.00」
The company increased the dividend from the interim dividend of ¥7 per share for the fiscal year ended March 2022 and resolved to pay an interim dividend of ¥12 per share, or ¥341 million in total, for the fiscal year ending March 2023. - FY2023-Q1RestatedAnnual report
「27 June 2022 Annual General Meeting of Shareholders Common shares 341 12 31 March 2022 28 June 2022 Retained earnings」
The company paid total year-end dividends of ¥341 million, or ¥12 per share, for the fiscal year ended March 2022, continuing its resumption of dividends and its practice of performance-linked dividends after the suspension of dividends. - FY2022AdvancedAnnual report
「The annual dividend for the fiscal year was ¥19 per share, with a consolidated payout ratio of 73.9% and consolidated DOE of 1.8%.」
After paying no dividend for the fiscal year ended March 2021, the company paid an interim dividend of ¥7 per share and a year-end dividend of ¥12 per share, for an annual dividend of ¥19, for the fiscal year ended March 2022. It also disclosed a payout ratio of 73.9% and DOE of 1.8%. - FY2022-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 5 November 2021, the company resolved to pay an interim dividend as follows to shareholders recorded in the shareholder registry as of 30 September 2021: ① Total dividends ¥199 million ② Dividend per share ¥7.00」
The company reported payment of the interim dividend resolved in the previous quarter, amounting to ¥199 million in total, or ¥7 per share. - FY2022-Q2Resumption of interim dividendsAnnual report
「At a meeting of the Board of Directors held on 5 November 2021, the company resolved to pay an interim dividend as follows to shareholders recorded in the shareholder registry as of 30 September 2021: ① Total dividends ¥199 million ② Dividend per share ¥7.00」
After paying no dividend for the fiscal year ended March 2021, the company resolved to pay an interim dividend of ¥199 million in total, or ¥7 per share, for the fiscal year ending March 2022. - FY2021SoftenedAnnual report
「However, as the fiscal year ending March 2021 became extremely challenging due to the spread of COVID-19, we decided not to pay a dividend.」
Although the company maintains a policy of stable performance-linked dividends, it paid no dividend for the fiscal year ended March 2021 due to the spread of COVID-19. - FY2021-Q2SoftenedAnnual report
「No applicable item because no dividend was paid.」
Although a dividend of ¥61 per share was paid for the fiscal year ended March 2020, no interim dividend was paid for the current second quarter, temporarily weakening the practice of stable performance-linked dividends. - FY2021-Q1AdvancedAnnual report
「19 June 2020 Annual General Meeting of Shareholders Common shares 1,730 61 31 March 2020 22 June 2020 Retained earnings」
The company paid total dividends of ¥1,730 million, or ¥61 per share, for the fiscal year ended March 2020. The dividend increased from ¥60 per share in the same period of the previous year, continuing its practice of performance-linked, stable dividends. - FY2020AdvancedAnnual report
「The annual dividend was ¥83 per share, with a consolidated payout ratio of 66.9% and consolidated DOE of 6.1%.」
The annual dividend increased from ¥80 per share in the previous fiscal year to ¥83. The payout ratio was 66.9% and DOE was 6.1%, exceeding the previously stated thresholds of a payout ratio of at least 35% and DOE of at least 5.5%. - FY2020-Q3RestatedAnnual report
「This was mainly due to a net increase of ¥10,660 million in short-term borrowings, while there were cash outflows of ¥1,500 million for repayment of long-term borrowings and ¥2,794 million for dividend payments, among other factors.」
The company reported payment of ¥2,794 million in dividends during the nine-month period, reaffirming its practice of performance-linked, stable dividends. - FY2020-Q2AdvancedAnnual report
「6 November 2019 Board of Directors Common shares 624 22 30 September 2019 3 December 2019 Retained earnings」
The company resolved to pay an interim dividend of ¥624 million in total, or ¥22 per share. The dividend increased from ¥20 per share in the same period of the previous year, continuing its practice of performance-linked, stable dividends. - FY2020-Q1RestatedAnnual report
「21 June 2019 Annual General Meeting of Shareholders Common shares 1,702 60 31 March 2019 24 June 2019 Retained earnings」
The company paid total dividends of ¥1,702 million, or ¥60 per share, for the fiscal year ended March 2019. It reaffirmed its practice of performance-linked, stable dividends. - FY2019AdvancedAnnual report
「Based on this policy, the company set the year-end dividend for the fiscal year at ¥60 per share. As an interim dividend of ¥20 per share had been paid, the annual dividend for the fiscal year was ¥80 per share, with a consolidated payout ratio of 35.4% and consolidated DOE of 6.0%.」
The annual dividend increased from ¥78 per share in the previous fiscal year to ¥80, with a payout ratio of 35.4% and DOE of 6.0%. The company continued to meet the medium-term VISION thresholds of a payout ratio of at least 35% and DOE of at least 5.5%. - FY2019-Q3RestatedAnnual report
「This was mainly due to a net increase of ¥7,650 million in short-term borrowings, while there were cash outflows of ¥1,500 million for repayment of long-term borrowings and ¥2,482 million for dividend payments, among other factors.」
The company reported payment of ¥2,482 million in dividends during the nine-month period, reaffirming its practice of performance-linked, stable dividends. - FY2019-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 5 November 2018, the company resolved to pay an interim dividend as follows to shareholders recorded in the shareholder registry as of 30 September 2018: ① Total dividends ¥567 million ② Dividend per share ¥20.00」
The company resolved to pay an interim dividend of ¥567 million in total, or ¥20 per share, reaffirming its practice of performance-linked, stable dividends. - FY2019-Q1RestatedAnnual report
「22 June 2018 Annual General Meeting of Shareholders Common shares 1,645 58 31 March 2018 25 June 2018 Retained earnings」
The company paid total dividends of ¥1,645 million, or ¥58 per share, for the fiscal year ended March 2018. It reaffirmed its practice of performance-linked, stable dividends. - FY2018AdvancedAnnual report
「The annual dividend for the fiscal year was ¥78 per share, with a consolidated payout ratio of 42.1% and consolidated DOE of 6.6%.」
The company paid an annual dividend of ¥78 per share, with a consolidated payout ratio of 42.1% and consolidated DOE of 6.6%, exceeding the medium-term VISION targets of a payout ratio of at least 35% and DOE of at least 5.5%. - FY2018-Q2RestatedAnnual report
「① Total dividends ¥567 million ② Dividend per share ¥20.00」
The company resolved to pay an interim dividend of ¥567 million in total, or ¥20 per share, with 30 September 2017 as the record date. It reaffirmed its existing practice of performance-linked, stable dividends. - FY2018-Q1RestatedAnnual report
「Total net assets decreased by ¥195 million, or 0.6%, from the end of the previous consolidated fiscal year to ¥30,785 million. This was mainly because retained earnings increased by ¥1,383 million due to quarterly net income attributable to owners of the parent, while decreasing by ¥1,642 million due to dividend payments.」
The company reported payment of ¥1,642 million in dividends for the fiscal year ending March 2017, reaffirming its returns based on its performance-linked dividend policy. - FY2017New dividend policy thresholds establishedAnnual report
「In addition to targeting average consolidated ordinary profit growth of 8% over the medium-term period from the fiscal year ending March 2018 through the fiscal year ending March 2020, we will seek to achieve both growth and shareholder returns by maintaining ROE of at least 16%, a payout ratio of at least 35%, and DOE of at least 5.5%.」
In addition to its previous policy of stable performance-linked dividends, the company specified medium-term maintenance thresholds of a payout ratio of at least 35% and DOE of at least 5.5%. - FY2017-Q3RestatedAnnual report
「Common shares ¥604 million Dividend per share ¥20」
The company reiterated the payment of an interim dividend of ¥604 million, or ¥20 per share, with 30 September 2016 as the record date. - FY2017-Q2RestatedAnnual report
「Common shares ¥604 million Dividend per share ¥20」
The company resolved to pay an interim dividend of ¥604 million, or ¥20 per share, with 30 September 2016 as the record date. - FY2016First statedAnnual report
「We will seek to maximise shareholder value through measures including stable dividends linked to earnings, stock splits, and the acquisition and cancellation of treasury shares.」
For the current fiscal year, the company reported an annual dividend of ¥78 per share, a consolidated payout ratio of 36.3%, and a consolidated DOE of 7.0%.