Komori
Nikon (7731) · TargetSoftened

Policy of targeting a total payout ratio of 30% or higher

First written in FY2016. 12 of 27 entries say "Restated". Latest entry: FY2026.

27entries
11years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseRaisedFY2024-Q2 – FY20242016: 120162017: 120172018: 220182019: 320192020: 320202021: 420212022: 220222023: 420232024: 120242025: 120252026: 52026
Same theme, other companies
Comprehensive Shareholder Returns Through Share Repurchases and DividendsA theme 168 companies write about · 0 as a headwind · 171 as a tailwind

7 other companies' latest entry also says "Softened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 168 companies compared. The sentences above are computed from all 168.
Full recordFilings, disclosures and news, newest first
  1. FY2026SoftenedAnnual report

    「For the fiscal year ending March 2026, the Board of Directors resolved to set the year-end dividend at ¥15 per share. If approved at the 162nd Annual General Meeting of Shareholders scheduled for 26 June 2026, the annual dividend will be ¥40 per share when combined with the interim dividend of ¥25.」

    The annual dividend is expected to decrease from ¥50 in the previous fiscal year to ¥40, while the year-end dividend also decreased from ¥25 to ¥15.
  3. FY2026-H1RestatedAnnual report

    「At a meeting of the Board of Directors held on 6 November 2025, the company resolved to pay an interim dividend as follows to shareholders or registered pledgees of shares listed or recorded in the shareholder register as of 30 September 2025.」

    For the interim dividend with 30 September 2025 as the record date, the company resolved to pay ¥25 per share, totaling ¥8,229 million, maintaining the same level as in the same period of the previous year.
  4. FY2024RaisedAnnual report

    「For the fiscal year ended March 2024, the year-end dividend was set at ¥25 per share, bringing the annual dividend to ¥50 per share when combined with the interim dividend of ¥25.」

    The annual dividend was increased from ¥45 per share in the previous fiscal year to ¥50.
  5. FY2024-Q2RaisedAnnual report

    「At a meeting of the Board of Directors held on 9 November 2023, the company resolved to pay an interim dividend as follows to shareholders or registered pledgees of shares listed or recorded in the shareholder register as of 30 September 2023: ① Total dividend: ¥8,661 million ② Amount per share: ¥25.00」

    The company resolved to pay an interim dividend of ¥25 per share, totaling ¥8,661 million, up from ¥20 per share in the same period of the previous year.
  6. FY2024-Q1RestatedAnnual report

    「29 June 2023 Annual General Meeting of Shareholders Common stock 8,654 25.00 31 March 2023 30 June 2023」

    The year-end dividend, with 31 March 2023 as the record date, was ¥25 per share, totaling ¥8,654 million, and was paid on 30 June 2023.
  7. FY2023RaisedAnnual report

    「For the fiscal year ended March 2023, revenue and profit increased. The year-end dividend was set at ¥25 per share, bringing the annual dividend to ¥45 per share when combined with the interim dividend of ¥20.」

    The annual dividend was increased from ¥40 per share in the previous fiscal year to ¥45, and the year-end dividend was increased from ¥10 to ¥25.
  8. FY2023-Q3RestatedAnnual report

    「At a meeting of the Board of Directors held on 10 November 2022, the company resolved to pay an interim dividend as follows to shareholders or registered pledgees of shares listed or recorded in the shareholder register as of 30 September 2022: ① Total dividend: ¥7,184 million ② Amount per share: ¥20.00」

    The company paid an interim dividend of ¥20 per share, totaling ¥7,184 million, maintaining the same level of shareholder returns as in the same period of the previous year.
  9. FY2023-Q2RestatedAnnual report

    「At a meeting of the Board of Directors held on 10 November 2022, the company resolved to pay an interim dividend as follows to shareholders or registered pledgees of shares listed or recorded in the shareholder register as of 30 September 2022: ① Total dividend: ¥7,184 million ② Amount per share: ¥20.00」

    The company resolved to pay an interim dividend of ¥20 per share, totaling ¥7,184 million, based on the record date at the end of September 2022, maintaining the same level of dividend as in the same period of the previous year.
  10. FY2023-Q1RestatedAnnual report

    「29 June 2022 Annual General Meeting of Shareholders Common stock 7,357 20.00 31 March 2022 30 June 2022」

    The year-end dividend, with 31 March 2022 as the record date, was ¥20 per share, totaling ¥7,357 million, and was paid on 30 June 2022.
  11. FY2022-Q2RaisedAnnual report

    「At a meeting of the Board of Directors held on 4 November 2021, the company resolved to pay an interim dividend as follows to shareholders or registered pledgees of shares listed or recorded in the shareholder register as of 30 September 2021: ① Total dividend: ¥7,356 million ② Amount per share: ¥20.00」

    The company resolved to pay an interim dividend of ¥20 per share, totaling ¥7,356 million, up from ¥10 per share in the same period of the previous year.
  12. FY2022-Q1RestatedAnnual report

    「29 June 2021 Annual General Meeting of Shareholders Common stock 3,678 10.00 31 March 2021 30 June 2021」

    The year-end dividend, with 31 March 2021 as the record date, was ¥10 per share, totaling ¥3,678 million, and was paid on 30 June 2021.
  13. FY2021SoftenedAnnual report

    「For the fiscal year ended March 2021, revenue and profit declined. The year-end dividend was set at ¥10 per share, bringing the annual dividend to ¥20 per share when combined with the interim dividend of ¥10.」

    Under its flexible shareholder return policy, the annual dividend decreased from ¥40 per share in the previous fiscal year to ¥20, while the year-end dividend was ¥10.
  14. FY2021-Q3RestatedAnnual report

    「At a meeting of the Board of Directors held on 5 November 2020, the company resolved to pay an interim dividend as follows to shareholders or registered pledgees of shares listed or recorded in the shareholder register as of 30 September 2020: ① Total dividend: ¥3,677 million ② Amount per share: ¥10.00」

    The company paid an interim dividend based on the record date at the end of September 2020 of ¥3,677 million in total and ¥10 per share.
  15. FY2021-Q2SoftenedAnnual report

    「At a meeting of the Board of Directors held on 5 November 2020, the company resolved to pay an interim dividend as follows to shareholders or registered pledgees of shares listed or recorded in the shareholder register as of 30 September 2020: ① Total dividend: ¥3,677 million ② Amount per share: ¥10.00」

    The company resolved to pay an interim dividend of ¥10 per share based on the record date at the end of September 2020, down from ¥30 in the same period of the previous year.
  16. FY2020SoftenedAnnual report

    「For the fiscal year ended March 2020, revenue and profit declined. The year-end dividend was set at ¥10 per share, bringing the annual dividend to ¥40 per share when combined with the interim dividend of ¥30.」

    Under its flexible shareholder return policy, the annual dividend decreased from ¥60 per share in the previous fiscal year to ¥40, while the year-end dividend was ¥10.
  17. FY2020-Q3RestatedAnnual report

    「At a meeting of the Board of Directors held on 7 November 2019, the company resolved to pay an interim dividend as follows to shareholders or registered pledgees of shares listed or recorded in the shareholder register as of 30 September 2019: ① Total dividend: ¥11,705 million ② Amount per share: ¥30.00」

    Under its shareholder return policy, the company paid the interim dividend with 30 September 2019 as the record date on 2 December 2019, at ¥11,705 million in total and ¥30 per share.
  18. FY2020-Q2RestatedAnnual report

    「At a meeting of the Board of Directors held on 7 November 2019, the company resolved to pay an interim dividend as follows to shareholders or registered pledgees of shares listed or recorded in the shareholder register as of 30 September 2019: ① Total dividend: ¥11,705 million ② Amount per share: ¥30.00」

    Under its shareholder return policy, the company resolved to pay an interim dividend of ¥30 per share, totaling ¥11,705 million, with 30 September 2019 as the record date.
  19. FY2020-Q1RestatedAnnual report

    「27 June 2019 Annual General Meeting of Shareholders Common stock 11,905 30.00 31 March 2019 28 June 2019」

    The ¥30 per-share dividend on common stock, with 31 March 2019 as the record date, was paid on 28 June 2019.
  20. FY2019SoftenedAnnual report

    「Our policy for profit allocation is to strengthen competitiveness by increasing investment in businesses and technology development for future growth, including capital expenditure and development investment, while steadily paying dividends from the perspective of prioritizing shareholders, and at the same time to achieve optimal capital allocation from a medium- to long-term perspective through a flexible shareholder return policy.」

    The previous numerical target of a payout ratio of 40% or higher was removed and replaced with wording focused on optimal capital allocation through growth investment, stable dividends and flexible shareholder returns.
  21. FY2019-Q2RestatedAnnual report

    「At a meeting of the Board of Directors held on 8 November 2018, the company resolved to pay an interim dividend as follows to shareholders or registered pledgees of shares listed or recorded in the shareholder register as of 30 September 2018: ② Amount per share: ¥30.00」

    Under its shareholder return policy, the company resolved to pay an interim dividend of ¥30 per share, with 30 September 2018 as the record date.
  22. FY2018RestatedAnnual report

    「Our basic policy for profit allocation is to strengthen competitiveness by increasing investment in businesses and technology development for future growth, including capital expenditure and development investment, while steadily paying dividends from the perspective of prioritizing shareholders, with the goal of returning value to shareholders through a payout ratio of 40% or higher.」

    The company continued its profit allocation policy of targeting a payout ratio of 40% or higher and balancing growth investment with stable dividends. The payout ratio for the fiscal year ended March 2018 was 41.9%.
  23. FY2017SoftenedAnnual report

    「Our basic policy for profit allocation is to strengthen competitiveness by increasing investment in businesses and technology development for future growth, including capital expenditure and development investment, while steadily paying dividends from the perspective of prioritizing shareholders, with the goal of returning value to shareholders through a payout ratio of 40% or higher. In addition, to better reflect business performance, we will continue to consider profit allocation from the perspective of the total payout ratio.」

    The policy changed from the previous specific target of a total payout ratio of 30% or higher to a policy targeting a payout ratio of 40% or higher, with the total payout ratio described as an item for consideration.
  24. FY2016First statedAnnual report

    「From the 151st fiscal year, we have adopted a policy of returning value to shareholders with the goal of achieving a total payout ratio of 30% or higher.」

    The policy is presented as a profit allocation policy that balances growth investment, stronger competitiveness and a focus on shareholders.
Moved together

"Shrinking digital camera market and declining profitability in the Imaging Products Business" moved the same way as this thread, in the same document, in 9 of its 27 moves.

977655★123456
  1. ★This thread
  2. 1Shrinking digital camera market and declining profitability in the Imaging Products Business9×
  3. 2Declining profitability and impairment in the semiconductor equipment business7×
  4. 3Upfront investment burden for new medical-related businesses7×
  5. 4Transformation into a corporate group growing through a six-business portfolio6×
  6. 5Policy of making business portfolio restructuring the top priority5×
  7. 6Introduction of a Performance-Based Share Compensation BIP Trust5×

★ 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
Nikon's next results are scheduled for 2026-11-05. Read the earnings preview It last moved in the General Meetings of Shareholders of 2026-05-29: "Softened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Policy of targeting a total payout ratio of 30% or higher | NIKON CORPORATION (7731) | Komori