Basic Policy of a Shareholder Return Ratio of 30% or More
First written in FY2016. 14 of 30 entries say "Advanced", first in FY2018. Latest entry: 2026-08-14.
43 other companies' latest entry also says "Advanced".
- FY2026ReframedAnnual report
「As the shareholder return policy under Medium-Term Management Plan 2027, covering the 3-year period from fiscal 2025 (fiscal year ending March 2026) through fiscal 2027 (fiscal year ending March 2028), our basic policy is to place greater emphasis on more stable and sustainable dividends, taking past dividend performance into account, and to target a dividend on equity (DOE) of 5.0% or more.」
The policy was changed from targeting a dividend payout ratio of 50% to targeting DOE of 5.0% or more under Medium-Term Management Plan 2027. The annual dividend is ¥47 per share. - FY2026-H1AdvancedAnnual report
「At the Board of Directors meeting held on 12 November 2025, the following resolution was passed concerning the interim dividend for the current fiscal year.」
The interim dividend was set at ¥23.50 per share, totaling ¥5,740 million, an increase from the previous fiscal year's interim dividend of ¥22.50 per share. - FY2025-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 11 November 2024, the following resolution was passed concerning the interim dividend for the current fiscal year. (a) Total dividends………………………………………¥5,496 million (b) Dividend per share…………………………………¥22.50」
The interim dividend was set at ¥22.50 per share, an increase from the previous fiscal year's ¥20. Under the policy of targeting a dividend payout ratio of 50%, the company is raising its dividend level. - FY2024AdvancedAnnual report
「The dividend for the current fiscal year was set at ¥40 per share for the full year, including an interim dividend of ¥20.」
Under the policy of targeting a dividend payout ratio of 50% under Medium-Term Management Plan 2024, the annual dividend was increased to ¥40 per share, with ¥20 paid as both the interim and year-end dividends. - FY2024-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 13 November 2023, the following resolution was passed concerning the interim dividend for the current fiscal year. (a) Total dividends………………………………………¥4,885 million (b) Dividend per share…………………………………¥20.00」
The resolution for an interim dividend of ¥20 per share, totaling ¥4,885 million, is restated. The company continues to pay dividends in line with its basic policy of targeting a dividend payout ratio of 50%. - FY2024-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 13 November 2023, the following resolution was passed concerning the interim dividend for the current fiscal year. (a) Total dividends………………………………………¥4,885 million (b) Dividend per share…………………………………¥20.00」
The interim dividend was set at ¥20 per share, totaling ¥4,885 million, an increase from the previous fiscal year's interim dividend of ¥15 per share. - FY2024-Q1AdvancedAnnual report
「28 June 2023 Annual General Meeting of Shareholders Common shares 4,923 19.00 31 March 2023 29 June 2023 Retained earnings」
A year-end dividend of ¥19 per share, totaling ¥4,923 million, was paid for the fiscal year ended March 2023. This was an increase from the previous year's year-end dividend of ¥9 per share. - FY2023RaisedAnnual report
「As its shareholder return policy under the “Medium-Term Management Plan 2024” for the 3 years from fiscal 2022 (the fiscal year ending March 2023) through fiscal 2024 (the fiscal year ending March 2025), the Company’s basic policy is to emphasise stable and continuous dividends and target a payout ratio of 50%.」
Under the Medium-Term Management Plan 2024, the policy was changed from the previous policy of maintaining an average shareholder return ratio of at least 30% over 3 years to targeting a payout ratio of 50%. The annual dividend for the fiscal year was ¥34 per share. - FY2023-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 14 November 2022, a resolution was passed regarding the interim dividend for the fiscal year as follows.」
The resolution to pay an interim dividend of ¥15 per share, totalling ¥4,391 million, is reiterated. - FY2023-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 14 November 2022, a resolution was passed regarding the interim dividend for the fiscal year as follows.」
The Company resolved to pay an interim dividend of ¥15 per share, totalling ¥4,391 million. This was an increase from ¥9 per share in the same period of the previous year. - FY2022-Q3RestatedAnnual report
「Board of Directors meeting held on 11 November 2021 Common shares 2,817 9.00 30 September 2021 3 December 2021」
The resolution to pay an interim dividend of ¥9 per share, totalling ¥2,817 million, is reiterated. - FY2022-Q2AdvancedAnnual report
「(a) Total dividends ........................................ ¥2,817 million (b) Amount per share ........................................ ¥9.00 (c) Effective date of dividend claim and payment commencement date ........ 3 December 2021」
The Company resolved to pay an interim dividend of ¥9 per share, increasing it from ¥2.50 per share in the same period of the previous year. - FY2021-Q2SoftenedAnnual report
「At a meeting of the Board of Directors held on 12 November 2020, the Company resolved as follows regarding the interim dividend for the fiscal year. (a) Total dividends ........................................ ¥782 million (b) Amount per share ........................................ ¥2.50 (c) Effective date of dividend claim and payment commencement date ........ 4 December 2020」
The interim dividend for the fiscal year was ¥2.50 per share, a substantial decrease from ¥12 per share in the same period of the previous year. - FY2020SoftenedAnnual report
「The Company defines the shareholder return ratio as the ratio of the total amount of dividends and share buybacks to net income attributable to owners of the parent for the fiscal year, and its basic policy is to maintain an average shareholder return ratio of at least 30% over 3 years. Dividends are determined by considering the balance between linkage to consolidated results and stable dividends.」
The basic policy of a shareholder return ratio of at least 30% was maintained, but the annual dividend for the fiscal year fell to ¥12 per share from ¥20 per share in the previous fiscal year. - FY2020-Q3RestatedAnnual report
「At a board of directors meeting held on 8 November 2019, the company resolved the following with respect to the interim dividend for the current fiscal year.」
The resolution to pay an interim dividend of ¥12 per share, totalling ¥3,752 million, is reiterated. - FY2020-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 8 November 2019, the Company resolved as follows regarding the interim dividend for the fiscal year. (b) Amount per share ........................................ ¥12」
The Company resolved to pay an interim dividend of ¥12 per share with a record date of 30 September 2019, increasing it from ¥10 per share in the same period of the previous year. - FY2019-Q3RestatedAnnual report
「At the Board of Directors meeting held on 9 November 2018, the following resolution was passed regarding the interim dividend for the fiscal year.」
The resolution to pay an interim dividend of ¥10 per share, totalling ¥3,183 million, is reiterated. - FY2019-Q2AdvancedAnnual report
「At the Board of Directors meeting held on 9 November 2018, the following resolution was passed regarding the interim dividend for the fiscal year.」
The Company resolved to pay an interim dividend of ¥10 per share, totalling ¥3,183 million, increasing the dividend from ¥8.50 per share in the same period of the previous year. - FY2019-Q1AdvancedAnnual report
「27 June 2018 Annual General Meeting of Shareholders Common shares 4,296 13.50 31 March 2018 28 June 2018 Retained earnings」
For the fiscal year ended March 2018, the Company paid a year-end dividend totalling ¥4,296 million, or ¥13.50 per share. - FY2018AdvancedAnnual report
「The Company set the annual dividend at ¥22 per share, including a commemorative year-end dividend of ¥5 to mark the 100th anniversary of the Company’s founding, of which the interim dividend was ¥8.50 per share.」
In addition to the ¥8.50 interim dividend, the Company paid a ¥13.50 year-end dividend, including a ¥5 commemorative dividend marking the 100th anniversary of its founding, bringing the annual dividend to ¥22 per share. - FY2018-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 10 November 2017, the following resolution was adopted concerning the interim dividend for the current fiscal year.」
The Company resolved to pay an interim dividend totalling ¥2,705 million, or ¥8.50 per share, maintaining the previous dividend level. - FY2018-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 10 November 2017, the following resolution was adopted concerning the interim dividend for the current fiscal year.」
The Company resolved to pay an interim dividend totalling ¥2,705 million, or ¥8.50 per share, maintaining the previous dividend level. - FY2018-Q1RestatedAnnual report
「Annual General Meeting of Shareholders held on 28 June 2017 Common shares 2,705 8.50 31 March 2017 29 June 2017 Retained earnings」
For the fiscal year ended March 2017, the Company paid a dividend of ¥8.50 per share, totalling ¥2,705 million. - FY2017-Q2RestatedAnnual report
「At the Board of Directors meeting held on 11 November 2016, the company resolved as follows regarding the interim dividend for the fiscal year under review.」
The Company resolved to pay an interim dividend of ¥8.50 per share, totalling ¥2,705 million, with payments beginning on 2 December 2016. - FY2016First statedAnnual report
「The Company defines the shareholder return ratio as the ratio of the total amount of dividends and share buybacks to consolidated net income for the fiscal year, and its basic policy is to maintain an average shareholder return ratio of at least 30% over 3 years.」
The basic policy is to maintain an average shareholder return ratio of at least 30% over 3 years, based on the combined amount of dividends and share buybacks.