Stable Dividends and Performance-Linked Profit Returns, and Use of Retained Earnings
First written in FY2016. 22 of 31 entries say "Restated". Latest entry: 2026-07-31.
79 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Our basic policy is to pay dividends from retained earnings twice a year, consisting of an interim dividend and a year-end dividend, with the Board of Directors serving as the decision-making body for these dividends. There has been no change to the basic policy of distributing profits reflecting business performance for the fiscal year. However, we will pay a dividend of ¥2.00 per share during the period, placing emphasis on the continuity and stability of profit distribution to shareholders.」
There was no change to the basic policies of stable dividends, performance-linked profit distribution, a payout ratio of 25% or higher, and the use of retained earnings. The dividend for the period was ¥2 per share. - FY2025-H1RestatedAnnual report
「At a meeting held on 26 April 2024, the Board of Directors resolved to pay a year-end dividend to shareholders recorded on the shareholder register as of 31 March 2024 as follows: ① Total dividend: ¥56.704 million ② Dividend per share: ¥2.00」
It was reaffirmed that a year-end dividend of ¥2 per share was paid based on 31 March 2024 as the record date. - FY2024SoftenedAnnual report
「The dividend from retained earnings for the fiscal year was set at ¥2.00 per share under the basic policy of distributing profits reflecting business performance.」
The policies of a payout ratio of 25% or higher, stable dividends, and using retained earnings were maintained, but the dividend per share declined from ¥4.00 in the previous fiscal year to ¥2.00. - FY2024-Q2RestatedAnnual report
「28 April 2023 Board of Directors Common shares 113,409 4.00 31 March 2023 29 June 2023 Retained earnings」
Payment of the year-end dividend of ¥4 per share, based on 31 March 2023 as the record date, was reaffirmed. - FY2024-Q1RestatedAnnual report
「At a meeting held on 28 April 2023, the Board of Directors resolved to pay a year-end dividend to shareholders recorded on the shareholder register as of 31 March 2023 as follows: ① Total dividend: ¥113.409 million ② Dividend per share: ¥4.00」
It was reaffirmed that a year-end dividend of ¥4 per share was paid based on 31 March 2023 as the record date. - FY2023RestatedAnnual report
「Our basic policy on profit distribution is to secure retained earnings necessary to strengthen the corporate structure, place emphasis on continuing stable dividends, and distribute profits reflecting business performance. We will implement this policy with a target payout ratio of 25% or higher. … The dividend from retained earnings for the fiscal year was set at ¥4.00 per share under the basic policy of distributing profits reflecting business performance.」
The policy of a payout ratio of 25% or higher, stable dividends, and using retained earnings for capital investment and other purposes was maintained. The dividend for the period was ¥4 per share. - FY2023-Q2RestatedAnnual report
「At a meeting held on 10 May 2022, the Board of Directors resolved to pay a year-end dividend to shareholders recorded on the shareholder register as of 31 March 2022 as follows: ① Total dividend: ¥113.409 million ② Dividend per share: ¥4.00」
Payment of the year-end dividend of ¥4 per share, based on 31 March 2022 as the record date, was reaffirmed. - FY2023-Q1RestatedAnnual report
「At a meeting held on 10 May 2022, the Board of Directors resolved to pay a year-end dividend to shareholders recorded on the shareholder register as of 31 March 2022 as follows: ① Total dividend: ¥113.409 million ② Dividend per share: ¥4.00」
It was reaffirmed that a year-end dividend of ¥4 per share was paid based on 31 March 2022 as the record date. - FY2022Annual dividend increased from ¥1.50 to ¥4.00Annual report
「The dividend from retained earnings for the fiscal year was set at ¥4.00 per share under the basic policy of distributing profits reflecting business performance.」
While maintaining the basic policy of targeting a payout ratio of 25% or higher, the dividend per share for the fiscal year increased from ¥1.50 in the previous fiscal year to ¥4.00. The payout ratio was 30.1%. - FY2022-Q1RestatedAnnual report
「At a meeting held on 10 May 2021, the Board of Directors resolved to pay a year-end dividend to shareholders recorded on the shareholder register as of 31 March 2021 as follows: ① Total dividend: ¥42.528 million ② Dividend per share: ¥1.50」
A year-end dividend of ¥1.50 per share was paid based on 31 March 2021 as the record date. The dividend level of the previous fiscal year was reaffirmed. - FY2021SoftenedAnnual report
「The dividend from retained earnings for the fiscal year was set at ¥1.50 per share under the basic policy of distributing profits reflecting business performance.」
The policy targeting a payout ratio of 25% or higher was maintained, but the dividend per share declined from ¥2.00 in the previous fiscal year to ¥1.50. - FY2021-Q3RestatedAnnual report
「30 April 2020 Board of Directors Common shares 56,705 2.00 31 March 2020 24 June 2020 Retained earnings」
It was reaffirmed that a year-end dividend of ¥2 per share was paid based on 31 March 2020 as the record date. - FY2021-Q2RestatedAnnual report
「At a meeting held on 30 April 2020, the Board of Directors resolved to pay a year-end dividend to shareholders recorded on the shareholder register as of 31 March 2020 as follows: ① Total dividend: ¥56.705 million ② Dividend per share: ¥2.00」
It was reaffirmed that a year-end dividend of ¥2 per share was paid based on 31 March 2020 as the record date. - FY2021-Q1RestatedAnnual report
「At a meeting held on 30 April 2020, the Board of Directors resolved to pay a year-end dividend to shareholders recorded on the shareholder register as of 31 March 2020 as follows: ① Total dividend: ¥56.705 million ② Dividend per share: ¥2.00」
A year-end dividend of ¥2 per share was paid based on the end of the previous fiscal year as the record date. - FY2020SoftenedAnnual report
「The dividend from retained earnings for the fiscal year was set at ¥2.00 per share under the basic policy of distributing profits reflecting business performance.」
The policy targeting a payout ratio of 25% or higher was maintained, but the dividend per share for the period was ¥2.00, down from ¥3.50 in the previous period. The payout ratio was 36.8%. - FY2020-Q3RestatedAnnual report
「26 April 2019 Board of Directors Common shares 70,881 2.50 31 March 2019 21 June 2019 Retained earnings」
Payment of the year-end dividend of ¥2.50 per share, based on 31 March 2019 as the record date, was reaffirmed. - FY2020-Q2RestatedAnnual report
「At a meeting held on 26 April 2019, the Board of Directors resolved to pay a year-end dividend to shareholders recorded on the shareholder register as of 31 March 2019 as follows: ① Total dividend: ¥70.881 million ② Dividend per share: ¥2.50」
Payment of the year-end dividend of ¥2.50 per share, based on the end of the previous fiscal year as the record date, was reaffirmed. - FY2020-Q1RestatedAnnual report
「At a meeting held on 26 April 2019, the Board of Directors resolved to pay a year-end dividend to shareholders recorded on the shareholder register as of 31 March 2019 as follows: ① Total dividend: ¥70.881 million ② Dividend per share: ¥2.50 ③ Effective date of dividend claim rights and payment commencement date: 21 June 2019」
A year-end dividend of ¥2.50 per share was paid based on the end of the previous fiscal year as the record date. - FY2019RaisedAnnual report
「Our basic policy on profit distribution is to secure retained earnings necessary to strengthen the corporate structure, place emphasis on continuing stable dividends, and distribute profits reflecting business performance. We will implement this policy with a target payout ratio of 25% or higher.」
An explicit target payout ratio of 25% or higher was added to the policy of stable dividends and performance-linked profit distribution. The dividend per share for the fiscal year was ¥3.50, and the payout ratio was 40.4%. - FY2019-Q3RestatedAnnual report
「Regarding the interim dividend for the 69th fiscal year (1 April 2018 to 31 March 2019), the Board of Directors, at a meeting held on 26 October 2018, resolved to pay an interim dividend to shareholders recorded on the shareholder register as of 30 September 2018 as follows: ① Total dividend: ¥28.352 million ② Dividend per share: ¥1.00 ③ Effective date of dividend claim rights and payment commencement date: 22 November 2018」
The resolution and payment of the interim dividend of ¥1 per share were reaffirmed. - FY2019-Q2SoftenedAnnual report
「At a meeting held on 26 October 2018, the Board of Directors resolved to pay an interim dividend to shareholders recorded on the shareholder register as of 30 September 2018 as follows: ① Total dividend: ¥28.352 million ② Dividend per share: ¥1.00」
The interim dividend was ¥1 per share, down from ¥2.50 in the same period of the previous year. - FY2019-Q1RestatedAnnual report
「At a meeting held on 27 April 2018, the Board of Directors resolved to pay a year-end dividend to shareholders recorded on the shareholder register as of 31 March 2018 as follows: ① Total dividend: ¥70.882 million ② Dividend per share: ¥2.50」
The year-end dividend of ¥2.50 per share was paid, reaffirming the dividend record continued from the previous fiscal year. - FY2018-Q3RestatedAnnual report
「The total dividend approved by the Board of Directors on 29 September 2017 was ¥70.882 million, or ¥2.50 per share.」
During the nine-month period, payment of the interim dividend of ¥2.50 per share was confirmed. The policy of stable dividends and profit distribution reflecting business performance was reaffirmed. - FY2018-Q2Interim dividend increased from ¥1 to ¥2.50Annual report
「Regarding the interim dividend for the 68th fiscal year, from 1 April 2017 to 31 March 2018, the Board of Directors resolved at its meeting held on 29 September 2017 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2017: ① Total dividends: ¥70.882 million ② Dividend per share: ¥2.50」
The interim dividend for the second quarter was ¥2.50 per share, up from ¥1 in the same period of the previous year. - FY2018-Q1RestatedAnnual report
「At its meeting held on 28 April 2017, the Board of Directors resolved to pay a year-end dividend as follows to shareholders recorded in the shareholder register as of 31 March 2017: ① Total dividends: ¥113.413 million ② Dividend per share: ¥4.00」
Payment of the FY2017 year-end dividend of ¥4 per share was disclosed. The policy and actual annual dividend of ¥5, including the ¥1 interim dividend, were reconfirmed. - FY2017Annual dividend increased from ¥3 to ¥5Annual report
「Our basic policy on profit allocation is to secure the retained earnings needed to strengthen our corporate structure, prioritize the continuation of stable dividends and return profits to shareholders in line with performance. For the current fiscal year, the dividend was set at ¥5 per share, including an interim dividend of ¥1, in accordance with this basic policy of returning profits in line with performance.」
The policy of stable dividends and performance-linked returns was maintained, and the dividend for the current fiscal year was ¥5 per share. - FY2017-Q3RestatedAnnual report
「Regarding the interim dividend for the 67th fiscal year, from 1 April 2016 to 31 March 2017, the Board of Directors resolved at its meeting held on 30 September 2016 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2016.」
The continued resolution and payment of an interim dividend of ¥1 per share were reiterated. - FY2017-Q2RestatedAnnual report
「Regarding the interim dividend for the 67th fiscal year, from 1 April 2016 to 31 March 2017, the Board of Directors resolved at its meeting held on 30 September 2016 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2016.」
The company continued to pay an interim dividend and resolved to pay ¥1 per share. - FY2016First statedAnnual report
「Our basic policy on profit allocation is to secure the retained earnings needed to strengthen our corporate structure, prioritize the continuation of stable dividends and return profits to shareholders in line with performance. Retained earnings will be used effectively to maintain a stable operating base and meet funding needs, including capital investment.」
The FY2016 year-end dividend was ¥3 per share. The basic policy was to pay dividends twice a year, in the interim and at year-end.