Consolidated Dividend Payout Ratio of Approximately 30%, with a Medium- to Long-Term Target of 40%
First written in FY2016. 2 of 8 entries say "Reframed", first in FY2017. Latest entry: 2026-10-15.
- 2026-10-15AdvancedEarnings
「次期の配当につきましては、１円増配の１株当たり42円(中間配当18円、期末配当24円）を予定しております。」
安定的増配を掲げる株主還元方針について、次期配当を1株当たり42円とする具体的計画を示している。 - FY2025ReframedAnnual report
「Regarding shareholder returns, in addition to continuing our policy of steadily increasing dividends, we will newly adopt DOE (dividend on equity) as a target, an indicator of the return rate on shareholders' equity. …Allocate with DOE of 8% as a guideline」
Reoriented the shareholder return policy from the previous numerical payout-ratio target to financial management focused on steadily increasing dividends and using DOE of 8% as a guideline. - FY2023SoftenedAnnual report
「While securing the retained earnings necessary for future business development and strengthening the Company's management foundation, we will continue to deliver proactive shareholder returns by pursuing a growth strategy that makes effective use of those retained earnings.」
The policy continues not to state a numerical payout-ratio target, instead reiterating the qualitative policy of continuing proactive shareholder returns while using retained earnings for growth investment. - FY2020SoftenedAnnual report
「While securing the retained earnings necessary for future business development and strengthening the Company's management foundation, we will continue to deliver proactive shareholder returns by pursuing a growth strategy that makes effective use of those retained earnings.」
The current year's dividend policy no longer states the medium- to long-term target of a 50% consolidated payout ratio or a numerical target for the basic payout ratio, replacing them with qualitative language on proactive shareholder returns and the use of retained earnings. - FY2019RaisedAnnual report
「While securing the retained earnings necessary for future business development and strengthening the Company's management foundation, we aim for a consolidated payout ratio of 50% over the medium to long term.」
Raised the medium- to long-term target for the consolidated payout ratio from the previous 40% to 50%. - FY2018RestatedAnnual report
「While securing the retained earnings necessary for future business development and strengthening the Company's management foundation, we have adopted a basic policy of maintaining a consolidated payout ratio in the 30% range and aim for a consolidated payout ratio of 40% over the medium to long term.」
Maintains the basic policy of a payout ratio in the 30% range and the medium- to long-term target of 40%. - FY2017ReframedAnnual report
「While securing the retained earnings necessary for future business development and strengthening the Company's management foundation, we have adopted a basic policy of maintaining a consolidated payout ratio in the 30% range and aim for a consolidated payout ratio of 40% over the medium to long term.」
The wording for the basic payout ratio changed from “approximately 30%” to “in the 30% range,” while the medium- to long-term target of 40% was maintained. - FY2016First statedAnnual report
「While securing the retained earnings necessary for future business development and strengthening the Company's management foundation, we have adopted a basic policy of maintaining a consolidated payout ratio of approximately 30% and aim for a consolidated payout ratio of 40% over the medium to long term.」
Recorded for the first time an explicit shareholder return target of a payout ratio of approximately 30%, with a medium- to long-term target of 40%.