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Shimadzu (7701) · PolicyRestated

Policy of Balancing Stable Dividends with Growth Investment

First written in FY2017. 6 of 9 entries say "Restated". Latest entry: 2026-05-21.

9entries
10years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2017RestatedFY2021 – FY20232017: 120172018: 020182019: 020192020: 120202021: 120212022: 020222023: 120232024: 120242025: 120252026: 32026
Same theme, other companies
Capital allocation policy balancing future investment and shareholder dividendsA theme 469 companies write about · 0 as a headwind · 471 as a tailwind
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Showing 14 of the 197 companies compared. The sentences above are computed from all 197.Comparing 200 of the theme's 473 threads.
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  2. FY2025RestatedAnnual report

    「We will use retained funds primarily for growth investment in areas that create social value and for investment to strengthen the foundations related to human resources, development, manufacturing and DX, while securing financial soundness in pursuit of sustainable growth.」

    While maintaining a payout ratio of at least 30% and continuous shareholder returns, the company has organized the uses of retained earnings around creating social value and strengthening the foundations for human resources, development, manufacturing, and DX.
  3. FY2024RaisedAnnual report

    「Our basic policy is to maintain a dividend payout ratio of at least 30% and provide ongoing shareholder returns, while comprehensively considering earnings and cash flow conditions.」

    The stable dividend policy now includes an explicit minimum target of a dividend payout ratio of 30% or more, quantifying the shareholder return policy.
  4. FY2023RestatedAnnual report

    「Regarding dividends, we pay dividends after comprehensively considering earnings and cash flow while maintaining stable dividends as a basic policy. Retained earnings will be used for capital investment, R&D investment, strategic investment and human capital investment to support medium- to long-term business growth and enhance earning power.」

    The policy of maintaining stable dividends while allocating retained earnings to investment in facilities, R&D, strategy and human resources continues.
  5. FY2021RestatedAnnual report

    「The Company pays dividends based on a policy of continuing stable dividends while comprehensively considering earnings and cash flow conditions. Retained earnings will be used for capital investment, research and development investment, strategic investment and investment in human resources to drive medium- to long-term business growth and improve profitability.」

    The policy of returning profits to shareholders while balancing stable dividends with growth investment in facilities, research and development, strategy and human resources remains in place.
  6. FY2020RaisedAnnual report

    「Retained earnings will be used for capital expenditures, research and development, strategic investments and investments in human resources to support medium- to long-term business growth and enhance earnings capacity.」

    Investment in human resources has been added to the policy of balancing stable dividends with capital expenditure, R&D investment and strategic investment.
  7. FY2017First statedAnnual report

    「Our basic dividend policy is to maintain stable dividends while taking comprehensive account of earnings and cash flow. Retained earnings will be used for capital expenditure, R&D investment, and strategic investment to support medium- and long-term business growth and improve earnings power.」

    First confirmation of a shareholder-return policy combining stable dividends with the allocation of retained earnings to capital expenditure, R&D, and strategic investment.
Moved together

"Expanding the aftermarket business" moved the same way as this thread, in the same document, in 2 of its 9 moves.

222222★123456
  1. ★This thread
  2. 1Expanding the aftermarket business2×
  3. 2Investing Management Resources in Fundamental Research and Advanced Products and Businesses with a View to the Future2×
  4. 3Demand Fluctuations in Defense and Commercial Aircraft Equipment and Spare Parts2×
  5. 4Creating New Businesses in 4 Priority Areas, with Healthcare as the Highest Priority2×
  6. 5Performance-Linked Share-Based Compensation Linked to the Medium-Term Management Plan2×
  7. 6Strengthening Group-Wide Risk Reduction and Response Systems2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Shimadzu's next results are scheduled for 2026-11-06. Read the earnings preview It last moved in the General Meetings of Shareholders of 2026-05-21: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Policy of Balancing Stable Dividends with Growth Investment | Shimadzu Corporation (7701) | Komori