Stable Dividends and Higher Dividend Levels
First written in FY2016. 24 of 40 entries say "Restated". Latest entry: 2026-07-23.
- FY2026Annual dividend performance updatedAnnual report
「For the current fiscal year, in accordance with the policy described above, the Company paid an interim dividend of ¥50 per share and a year-end dividend of ¥95 per share. Accordingly, the annual dividend was ¥145 per share. As a result, the payout ratio against net income attributable to owners of the parent for the fiscal year was 49.9%.」
The Company continued its policy of targeting a payout ratio of 50%, paying an annual dividend of ¥145 per share at a payout ratio of 49.9%. The annual dividend decreased from ¥150 in the previous fiscal year. - FY2026-H1RestatedAnnual report
「At a meeting of the Board of Directors held on 23 October 2025, the Company resolved to pay dividends from retained earnings as follows: (a) Total dividends: ¥860 million (b) Dividend per share: ¥50」
The Company set the interim dividend at ¥50 per share, totaling ¥860 million, and continues its stable dividend policy. - FY2025RestatedAnnual report
「The basic policy on returning profits to shareholders is, for the fiscal year ending March 2024 through the fiscal year ending March 2026, to pursue further enhancement of shareholder returns while improving profit margins and pay dividends based on a target dividend payout ratio of 50%.」
The Company continued its policy of targeting a payout ratio of 50%, paying an annual dividend of ¥150 per share at a payout ratio of 50.1%. - FY2025-H1RestatedAnnual report
「At a meeting of the Board of Directors held on 24 October 2024, the Company resolved to pay dividends from retained earnings as follows: (a) Total dividends: ¥860 million (b) Dividend per share: ¥50」
The Company resolved to pay an interim dividend of ¥50 per share, totaling ¥860 million, and continues its stable dividend policy. - FY2025-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 13 May 2024, the Company resolved to pay dividends from retained earnings as follows: (a) Total dividends: ¥1,721 million (b) Dividend per share: ¥100」
The Company resolved to pay a year-end dividend of ¥100 per share, totaling ¥1,721 million, with 20 March 2024 as the record date. - FY2024SoftenedAnnual report
「The basic policy on returning profits to shareholders is, for the fiscal year ending March 2024 through the fiscal year ending March 2026, to pursue further enhancement of shareholder returns while improving profit margins and pay dividends based on a target dividend payout ratio of 50%.」
The policy has changed from “the higher of a 50% dividend payout ratio or a 2.5% DOE” to wording targeting a 50% dividend payout ratio, with no longer any reference to DOE. Meanwhile, annual dividends were ¥150 per share and the dividend payout ratio was 49.3%. - FY2024-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 26 October 2023, the Company resolved to pay a dividend from retained earnings as follows. (a) Total dividends: ¥900 million (b) Dividend per share: ¥50」
The Company paid an interim dividend of ¥50 per share, for a total of ¥900 million, and continues its stable dividend policy. - FY2024-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 26 October 2023, the Company resolved to pay a dividend from retained earnings as follows. (a) Total dividends: ¥900 million (b) Dividend per share: ¥50」
The Company resolved to pay a dividend of ¥50 per share, for a total of ¥900 million, based on the record date at the end of the second quarter. This was an increase from ¥25 per share in the previous fiscal year and through the first quarter of the current fiscal year. - FY2024-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 15 May 2023, the Company resolved to pay a dividend from retained earnings as follows. (a) Total dividends: ¥450 million (b) Dividend per share: ¥25」
The Company paid a year-end dividend of ¥25 per share, for a total of ¥450 million, and continues its stable dividend policy. - FY2023RaisedAnnual report
「For shareholder returns from the fiscal year ending March 2024 through the fiscal year ending March 2026, the Company aims to further enhance shareholder returns while improving profit margins and will seek to pay dividends based on the higher of a 50% dividend payout ratio or a 2.5% dividend-on-equity ratio (DOE).」
In addition to its previous policy of stable dividends and higher dividend levels, the Company newly established specific shareholder return targets for the fiscal year ending March 2024 through the fiscal year ending March 2026: a 50% dividend payout ratio or a 2.5% DOE. - FY2023-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 25 October 2022, the Company resolved to pay a dividend from retained earnings as follows. (a) Total dividends: ¥450 million (b) Dividend per share: ¥25」
The Company paid an interim dividend of ¥25 per share, for a total of ¥450 million, based on the record date of 20 September 2022, and continues its stable dividend policy. - FY2023-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 25 October 2022, the Company resolved to pay a dividend from retained earnings as follows. (a) Total dividends: ¥450 million (b) Dividend per share: ¥25」
The Company resolved to pay an interim dividend of ¥25 per share, for a total of ¥450 million, based on the record date of 20 September 2022. It continues its stable dividend policy. - FY2023-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 16 May 2022, the Company resolved to pay a dividend from retained earnings as follows. (a) Total dividends: ¥450 million (b) Dividend per share: ¥25」
The Company paid a year-end dividend of ¥25 per share, for a total of ¥450 million, based on the record date of 20 March 2022, and continues its stable dividend policy. - FY2022AdvancedAnnual report
「After considering the policy above and its past record of shareholder returns, the Company paid an interim dividend of ¥25 per share, an increase of ¥5, and a year-end dividend of ¥25 per share, also an increase of ¥5. Accordingly, annual dividends were ¥50 per share.」
The Company paid interim and year-end dividends of ¥25 per share, increasing annual dividends from ¥40 per share in the previous fiscal year to ¥50 per share. The dividend payout ratio was 33.9%. - FY2022-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 26 October 2021, the Company resolved to pay a dividend from retained earnings as follows. (a) Total dividends: ¥450 million (b) Dividend per share: ¥25」
The Company reiterated that it paid an interim dividend of ¥25 per share, for a total of ¥450 million, and continues its stable dividend policy. - FY2022-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 26 October 2021, the Company resolved to pay a dividend from retained earnings as follows. (a) Total dividends: ¥450 million (b) Dividend per share: ¥25」
The Company resolved to pay a dividend of ¥25 per share based on the record date at the end of the second quarter. This was an increase from ¥20 per share in the previous fiscal year and through the first quarter of the current fiscal year. - FY2022-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 17 May 2021, the Company resolved to pay a dividend from retained earnings as follows.」
The Company paid a year-end dividend of ¥20 per share, for a total of ¥360 million, based on the record date of 20 March 2021, and continues its stable dividend policy. - FY2021-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 27 October 2020, the Company resolved to pay a dividend from retained earnings as follows. (a) Total dividends: ¥360 million (b) Dividend per share: ¥20」
The Company resolved to pay an interim dividend of ¥20 per share, for a total of ¥360 million, based on the record date of 20 September 2020, and continues its stable dividend policy. - FY2021-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 27 October 2020, the Company resolved to pay a dividend from retained earnings as follows. (a) Total dividends: ¥360 million (b) Dividend per share: ¥20」
The Company resolved to pay a dividend of ¥20 per share, for a total of ¥360 million, based on the record date of 20 September 2020, and continues to pay dividends under its stable dividend policy. - FY2021-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 25 May 2020, the Company resolved to pay a dividend from retained earnings as follows. (a) Total dividends: ¥360 million (b) Dividend per share: ¥20」
The Company paid a year-end dividend of ¥20 per share, for a total of ¥360 million, based on the record date of 20 March 2020. It continues to pay dividends under its stable dividend policy. - FY2020-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 25 October 2019, the Company resolved to pay a dividend from retained earnings as follows. (a) Total dividends: ¥360 million (b) Dividend per share: ¥20」
The Company resolved to pay a dividend of ¥20 per share for which the record date was the end of the second quarter. This was an increase of ¥4 from the previous year's interim dividend of ¥16, representing progress in dividend levels under its stable dividend policy. - FY2019AdvancedAnnual report
「The Company paid an interim dividend of ¥16 per share and a year-end dividend of ¥24 per share, an increase of ¥8 per share. Accordingly, annual dividends were ¥40 per share.」
While maintaining its stable dividend policy, the Company increased annual dividends from ¥32 per share in the previous fiscal year to ¥40 per share, partly due to a listing commemorative dividend. - FY2019-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 26 October 2018, the Company resolved to pay a dividend from retained earnings as follows.」
The Company paid an interim dividend of ¥16 per share, for a total of ¥384 million, and continues its stable dividend policy. - FY2019-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 26 October 2018, the Company resolved to pay a dividend from retained earnings as follows. (a) Total dividends: ¥384 million (b) Dividend per share: ¥16」
The Company resolved to pay an interim dividend of ¥16 per share, for a total of ¥384 million, and continues its stable dividend policy. - FY2019-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 14 May 2018, the Company resolved to pay a dividend from retained earnings as follows. (a) Total dividends: ¥384 million (b) Dividend per share: ¥16」
The Company resolved to pay an interim dividend of ¥16 per share, for a total of ¥384 million, and continues its stable dividend policy. - FY2018RestatedAnnual report
「After considering the policy above and its past record of shareholder returns, the Company paid an interim dividend of ¥16 per share and a year-end dividend of ¥16 per share for the fiscal year. Accordingly, annual dividends were ¥32 per share.」
The Company maintains its policy of stable dividends and higher dividend levels, paying an interim dividend of ¥16 per share, a year-end dividend of ¥16 per share, and annual dividends of ¥32 per share. - FY2018-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 27 October 2017, the Company resolved to pay a dividend from retained earnings as follows.」
The Company paid an interim dividend of ¥16 per share, for a total of ¥384 million, and continues its stable dividend policy. - FY2018-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 27 October 2017, the Company resolved to pay a dividend from retained earnings as follows.」
The Company resolved to pay an interim dividend of ¥16 per share, for a total of ¥384 million, and continues its stable dividend policy. - FY2018-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 15 May 2017, the Company resolved to pay a dividend from retained earnings as follows.」
The Company resolved to pay a dividend of ¥16 per share on common stock, for a total dividend of ¥384 million, and continues its stable dividend policy. - FY2017RestatedAnnual report
「The Company's basic policy on returning profits to shareholders is to consider overall business performance, maintenance of a sound financial position, and the lasting stability of dividends, while working to raise dividend levels and maintain them.」
The Company reiterated its policy of stable dividends and higher dividend levels. For the fiscal year, it paid an interim dividend of ¥16 per share, a year-end dividend of ¥16 per share, total annual dividends of ¥32 per share, and recorded a dividend payout ratio of 32.1%. - FY2017-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 28 October 2016, the Company resolved to pay a dividend from retained earnings as follows.」
The Company paid a dividend of ¥16 per share and continues its stable dividend policy. - FY2017-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 28 October 2016, the Company resolved to pay a dividend from retained earnings as follows.」
The Company resolved to pay a dividend of ¥16 per share on common stock and continues its stable dividend policy. - FY2017-Q1RestatedAnnual report
「Common stock 384 16 20 March 2016 1 June 2016 Retained earnings」
The Company paid a dividend of ¥16 per share for the fiscal year ended March 2016 and continues its stable dividend policy. - FY2016First statedAnnual report
「The Company's basic policy on returning profits to shareholders is to consider overall business performance, maintenance of a sound financial position, and the lasting stability of dividends, while working to raise dividend levels and maintain them.」
The basic policy is to pay dividends twice a year, in the interim and at year-end. The dividend for the fiscal year was ¥32 per year, and the dividend payout ratio against consolidated net income was 30.8%. The policy also states that retained earnings will be allocated to investments in research and development, production facilities and other areas.