Consolidated Payout Ratio of at Least 30% and Stable Dividends
First written in FY2016. 29 of 37 entries say "Restated". Latest entry: 2026-10-09.
- 2026-10-09RestatedRevisions to earnings forecasts
「There is no change to the dividend forecast accompanying this revision to the earnings forecast. The interim and year-end dividends are each expected to be ¥25 per share, for an annual dividend of ¥50 per share.」
Although the earnings forecast was revised upward, the dividend forecast was unchanged, at ¥25 for the interim dividend, ¥25 for the year-end dividend, and ¥50 annually. - FY2026RestatedAnnual report
「Accordingly, the year-end dividend for the fiscal year ending May 2026 will be ¥21, bringing the annual dividend, including the interim dividend of ¥21, to ¥42 per share.」
The policy of targeting a 30% payout ratio and the stable dividend policy were maintained, and the annual dividend was ¥42 per share, unchanged from the previous year. - FY2026-H1RestatedAnnual report
「At a meeting of the Board of Directors held on 9 January 2026, the following resolutions were approved regarding the interim dividend for the current period. (a) Total interim dividend: ¥148.725 million (b) Amount per share: ¥21.00 (c) Effective date of the payment claim and payment commencement date: 13 February 2026」
The current period's interim dividend was ¥21 per share, maintaining the same level as the same period of the previous year and the previous period's interim dividend. - FY2025-H1RestatedAnnual report
「At a meeting of the Board of Directors held on 10 January 2025, the following resolutions were approved regarding the interim dividend for the current period. (a) Total interim dividend: ¥148.725 million (b) Amount per share: ¥21.00」
The current period's interim dividend was ¥21 per share, maintaining the dividend levels of the same period of the previous year and the immediately preceding period. - FY2024-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 11 January 2024, the following resolutions were approved regarding the interim dividend for the current period. (a) Total interim dividend: ¥148.725 million (b) Amount per share: ¥21.00」
The current period's interim dividend was paid at ¥21 per share, reconfirming the dividend level indicated in FY2024-Q2. - FY2024-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 11 January 2024, the following resolutions were approved regarding the interim dividend for the current period. (a) Total interim dividend: ¥148.725 million (b) Amount per share: ¥21.00」
The current period's interim dividend was approved at ¥21 per share, an increase of ¥1 from ¥20 in the same period of the previous year. - FY2024-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 13 July 2023, the following resolution was approved regarding the payment of a dividend from retained earnings. (a) Total dividend ¥155.807 million (b) Amount per share ¥22.00 (c) Effective date of the payment claim and payment commencement date 9 August 2023」
A year-end dividend of ¥22 per share was paid for the fiscal year ended May 2023. This reconfirms the year-end dividend included in the previous period's annual dividend of ¥42. - FY2023AdvancedAnnual report
「Accordingly, the year-end dividend for the fiscal year ended May 2023 will be ¥22, bringing the annual dividend, including the interim dividend of ¥20, to ¥42 per share.」
While maintaining the policy of targeting a 30% payout ratio and the stable dividend policy, the annual dividend was increased from ¥40 in the previous year to ¥42. - FY2023-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 10 January 2023, the following resolutions were approved regarding the interim dividend for the current period. (a) Total interim dividend: ¥141.643 million (b) Amount per share: ¥20.00 (c) Effective date of the payment claim and payment commencement date: 14 February 2023」
The current period's interim dividend was ¥20 per share, maintaining the previous dividend level. - FY2023-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 10 January 2023, the following resolutions were approved regarding the interim dividend for the current period. (a) Total interim dividend: ¥141.643 million (b) Amount per share: ¥20.00 (c) Effective date of the payment claim and payment commencement date: 14 February 2023」
The current period's interim dividend was ¥20 per share, maintaining the previous dividend level. - FY2023-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 13 July 2022, the following resolution was approved regarding the payment of a dividend from retained earnings. (a) Total dividend ¥141.643 million (b) Amount per share ¥20.00 (c) Effective date of the payment claim and payment commencement date 5 August 2022」
The dividend based on the record date of 31 May 2022 was ¥20 per share, maintaining the dividend levels of the previous year and immediately preceding period. - FY2022SoftenedAnnual report
「Regarding dividends for our shareholders, we will determine payments with a target payout ratio of 30% on both a consolidated and standalone basis, taking into account future funding requirements for capital investment and research and development, as well as trends in working capital. At the same time, even when business performance is weak, we will take into account the long-term return of profits to shareholders and strive to maintain stable dividends.」
The wording was changed from the previous “aiming for at least 30%” to “targeting a payout ratio of 30%,” with “at least” removed. The annual dividend was maintained at ¥40. - FY2022-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 12 January 2022, the following resolutions were approved regarding the interim dividend for the current period. (a) Total interim dividend: ¥141.643 million (b) Amount per share: ¥20.00 (c) Effective date of the payment claim and payment commencement date: 14 February 2022」
The interim dividend was ¥20 per share, with payment commencing on 14 February 2022. The dividend levels of the previous period and immediately preceding period were maintained. - FY2022-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 12 January 2022, the following resolutions were approved regarding the interim dividend for the current period. (a) Total interim dividend: ¥141.643 million (b) Amount per share: ¥20.00 (c) Effective date of the payment claim and payment commencement date: 14 February 2022」
The interim dividend was ¥20 per share, maintaining the dividend levels of the previous period and immediately preceding period. - FY2022-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 13 July 2021, the following resolution was approved regarding the payment of a dividend from retained earnings.」
A dividend of ¥20 per share was paid based on the record date of 31 May 2021, maintaining the same level as the previous year. - FY2021RestatedAnnual report
「Regarding dividends for our shareholders, we will aim to pay dividends equivalent to at least 30% of earnings on both a consolidated and standalone basis, while also taking a long-term perspective for shareholders during periods of weak market conditions and striving to maintain stable dividends. Accordingly, the year-end dividend for the fiscal year ended May 2021 will be ¥20, bringing the annual dividend, including the interim dividend of ¥20, to ¥40 per share.」
The policy of a payout ratio of at least 30% and stable dividends was maintained, and the annual dividend was ¥40 per share, unchanged from the previous year. - FY2021-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 12 January 2021, the following resolutions were approved regarding the interim dividend for the current period.」
The current period's interim dividend is ¥20 per share, maintaining the levels of the previous period and FY2021-Q1. - FY2021-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 12 January 2021, the following resolutions were approved regarding the interim dividend for the current period. (a) Total interim dividend: ¥141.645 million (b) Amount per share: ¥20.00 (c) Effective date of the payment claim and payment commencement date: 12 February 2021」
The current period's interim dividend was approved at ¥20 per share, maintaining the dividend levels of the previous period and FY2021-Q1. - FY2021-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 10 July 2020, the following resolution was approved regarding the payment of a dividend from retained earnings. (a) Total dividend ¥141.645 million (b) Amount per share ¥20.00 (c) Effective date of the payment claim and payment commencement date 7 August 2020」
A dividend of ¥20 per share was paid, maintaining the same level as the previous period's interim and year-end dividends. - FY2020-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 10 January 2020, the following resolutions were approved regarding the interim dividend for the current period. (a) Total interim dividend: ¥141.645 million (b) Amount per share: ¥20.00 (c) Effective date of the payment claim and payment commencement date: 13 February 2020」
The interim dividend was ¥20 per share, maintaining the levels of the previous period's interim dividend and the previously reported dividend. - FY2020-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 10 January 2020, the following resolutions were approved regarding the interim dividend for the current period. (a) Total interim dividend: ¥141.645 million (b) Amount per share: ¥20.00 (c) Effective date of the payment claim and payment commencement date: 13 February 2020」
The interim dividend was ¥20 per share, maintaining the same level as the FY2019 interim and year-end dividends. - FY2020-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 8 July 2019, the following resolution was approved regarding the payment of a dividend from retained earnings. (a) Total dividend ¥141.646 million (b) Amount per share ¥20.00 (c) Effective date of the payment claim and payment commencement date 8 August 2019」
A year-end dividend of ¥20 per share was paid based on the record date of 31 May 2019. This reconfirms the year-end dividend paid as part of the annual dividend of ¥40 indicated for FY2019. - FY2019AdvancedAnnual report
「Regarding dividends for our shareholders, we will aim to pay dividends equivalent to at least 30% of earnings on both a consolidated and standalone basis, while also taking a long-term perspective for shareholders during periods of weak market conditions and striving to maintain stable dividends. Accordingly, the year-end dividend for the fiscal year ended May 2019 will be ¥20, bringing the annual dividend, including the interim dividend of ¥20, to ¥40 per share.」
The policy of targeting a payout ratio of at least 30% on both a consolidated and standalone basis has been reiterated, and the annual dividend for the fiscal year ended May 2019 was set at ¥40 per share. This is an increase from ¥34 in the previous year. - FY2019-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 11 January 2019, the following resolutions were approved regarding the interim dividend for the current period. (a) Total interim dividend: ¥141.646 million (b) Amount per share: ¥20.00 (c) Effective date of the payment claim and payment commencement date: 13 February 2019」
The payment of an interim dividend of ¥20 per share is reproduced, with no change from the dividend level reported in the previous quarter. - FY2019-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 11 January 2019, the following resolutions were approved regarding the interim dividend for the current period. (a) Total interim dividend: ¥141.646 million (b) Amount per share: ¥20.00 (c) Effective date of the payment claim and payment commencement date: 13 February 2019」
The current period's interim dividend was approved at ¥20 per share, an increase from the previous level of ¥17 per share. - FY2019-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 9 July 2018, the following resolution was approved regarding the payment of a dividend from retained earnings. (a) Total dividend ¥120.399 million (b) Amount per share ¥17.00 (c) Effective date of the payment claim and payment commencement date 10 August 2018」
A dividend of ¥17 per share was paid based on the record date of 31 May 2018, maintaining the same dividend level as previously. - FY2018RestatedAnnual report
「Regarding dividends for our shareholders, we will aim to pay dividends equivalent to at least 30% of earnings on both a consolidated and standalone basis, while also taking a long-term perspective for shareholders during periods of weak market conditions and striving to maintain stable dividends.」
The policy of a payout ratio of at least 30% on both a consolidated and standalone basis, together with stable dividends, has been reaffirmed. - FY2018-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 12 January 2018, the following resolutions were approved regarding the interim dividend for the current period. (a) Total interim dividend: ¥120.4 million (b) Amount per share: ¥17.00 (c) Effective date of the payment claim and payment commencement date: 13 February 2018」
The current period's interim dividend is ¥17 per share, maintaining the previously reported level. - FY2018-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 12 January 2018, the following resolutions were approved regarding the interim dividend for the current period. (a) Total interim dividend: ¥120.4 million (b) Amount per share: ¥17.00 (c) Effective date of the payment claim and payment commencement date: 13 February 2018」
The current period's interim dividend was approved at ¥17 per share, maintaining the previously reported level of ¥17 per share. - FY2018-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 10 July 2017, the following resolution was approved regarding the payment of a dividend from retained earnings. (a) Total dividend ¥128.05 million (b) Amount per share ¥17.00 (c) Effective date of the payment claim and payment commencement date 9 August 2017」
A dividend of ¥17 per share was paid, at the same level as the ¥17 interim dividend previously reported. - FY2017-Q3RestatedAnnual report
「8 July 2016 Board of Directors Common shares ¥112.985 million Dividend per share ¥15 Record date 31 May 2016 Payment date 10 August 2016 Retained earnings 10 January 2017 Board of Directors Common shares ¥128.05 million Dividend per share ¥17 Record date 30 November 2016 Payment date 15 February 2017 Retained earnings」
The dividend history, including the current period's interim dividend of ¥17, is reproduced, with no new change in the dividend level since the previous quarterly report. - FY2017-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 10 January 2017, the following resolutions were approved regarding the interim dividend for the current period. (a) Total interim dividend: ¥128.05 million (b) Amount per share: ¥17.00」
An interim dividend of ¥17 per share was approved, an increase from the previous year's interim dividend of ¥15. - FY2017-Q1RestatedAnnual report
「Amount per share ¥15.00」
The payment of a dividend of ¥15 per share based on the record date of 31 May 2016 was approved, equal to the amount paid in the same period of the previous year. - FY2016First statedAnnual report
「Regarding the payout ratio for our shareholders, we will aim to pay dividends equivalent to at least 30% of consolidated earnings, while also taking a long-term perspective for shareholders during periods of weak market conditions and striving to maintain stable dividends.」
The policy is to target a consolidated payout ratio of at least 30% while maintaining stable dividends during periods of weak market conditions.