The Second Medium-Term Management Plan Targets a Consolidated Payout Ratio of 33%
First written in FY2017. 2 of 7 entries say "Restated". Latest entry: FY2021.
- FY2021DroppedAnnual report
「Under this basic policy, with respect to returning profits to shareholders, we aim to strengthen our management base and raise the payout ratio after taking into account funding needs for future business expansion and earnings growth, as well as financial soundness.」
The previously stated target of an approximately 33% consolidated payout ratio through the fiscal year ending August 2022 is not included in the dividend policy in this filing. - FY2020RestatedAnnual report
「The consolidated payout ratio is targeted at approximately 33% through the fiscal year ending August 2022.」
The company continued to state that the period for the approximate 33% consolidated payout ratio target runs through the fiscal year ending August 2022. - FY2019-Q1Cited as achievedAnnual report
「At a meeting of the Board of Directors held on 24 October 2018, the company resolved to pay a year-end dividend to shareholders recorded in the shareholder register as of 31 August 2018 as follows: ① Total dividends: ¥378.789 million ② Dividend per share: ¥13 ③ Effective date of dividend receivables and payment commencement date: 12 November 2018」
The company reiterated its track record of paying a year-end dividend of ¥13 per share for the 32nd fiscal year, representing a consolidated payout ratio of 32.9%. - FY2018AchievedAnnual report
「The consolidated payout ratio is targeted at approximately 33% for the fiscal years from the 32nd to the 34th fiscal year. Based on this policy, the year-end dividend is ¥13 per share, representing a consolidated payout ratio of 32.9%.」
The consolidated payout ratio for the 32nd fiscal year was 32.9%, and the company paid a dividend in line with the approximate 33% target. - FY2018-Q3RestatedAnnual report
「Against this backdrop, the Group has adopted “growth strategy, efficiency improvement strategy and strengthening the management platform” as its basic policies, pursued the development of attractive new products, expansion of new businesses and reductions in manufacturing costs, and continued efforts to achieve the “Transaction Group Second Medium-Term Management Plan.”」
The company continues initiatives to achieve the Second Medium-Term Management Plan, but no new plan figures or achievement milestones have been presented. - FY2018-Q1AdvancedAnnual report
「The company also formulated the Second Transaction Group Medium-Term Management Plan, announced on 12 October 2017 and beginning with the fiscal year ending August 2018, and began initiatives to achieve the plan.」
The company began initiatives to achieve the Second Medium-Term Management Plan, which starts with the fiscal year ending August 2018. - FY2017First statedAnnual report
「To clarify the target payout ratio, the Second Transaction Group Medium-Term Management Plan adopted on this occasion sets a consolidated payout ratio of approximately 33% for the fiscal years from the 32nd to the 34th fiscal year.」
For the first time, the company set a specific target of approximately 33% for the consolidated payout ratio, together with the applicable period from the 32nd through the 34th fiscal year.