Stable Dividend Policy Targeting a 30% Consolidated Dividend Payout Ratio
First written in FY2016. 7 of 34 entries say "Raised", first in FY2021-Q2. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「The annual dividend per share for the fiscal year was ¥73.00, and the consolidated dividend payout ratio was 39.7%.」
The policy of targeting a consolidated dividend payout ratio of 40% and, in principle, maintaining progressive dividends without reductions remains in place. The annual dividend was ¥73, comprising an interim dividend of ¥31.50 and a year-end dividend of ¥41.50. - FY2026-H1RaisedAnnual report
「The interim dividend had been forecast at ¥21.50 per share in the dividend forecast announced on 30 April 2025, but was increased by ¥10.00 to ¥31.50. The year-end dividend is expected to be ¥40.00 per share, resulting in an expected annual dividend of ¥71.50 per share.」
The interim dividend was increased by ¥10 from the previous forecast of ¥21.50 to ¥31.50, with a year-end dividend of ¥40 and an annual dividend of ¥71.50 expected. - FY2025RaisedAnnual report
「With a consolidated dividend payout ratio of 40% targeted against net income attributable to owners of the parent, and from the perspective of paying dividends continuously and stably, we will in principle implement progressive dividends without reducing the dividend. The annual dividend per share for the fiscal year was ¥61.50, and the consolidated dividend payout ratio was 39.8%.」
In addition to targeting a consolidated dividend payout ratio of 40%, the company explicitly adopted a progressive dividend policy that, in principle, does not reduce dividends. The annual dividend was ¥61.50 and the consolidated dividend payout ratio was 39.8%. - FY2025-H1RestatedAnnual report
「Based on the previously announced basic policy on profit distribution, the interim dividend was set at ¥21.50 per share. The year-end dividend is expected to be ¥35.50 per share, resulting in an expected annual dividend of ¥57 per share.」
Under the previous profit distribution policy, the interim dividend is ¥21.50, the year-end dividend is ¥35.50, and the annual dividend is expected to be ¥57. The policy of targeting a dividend payout ratio of 40% itself remains unchanged. - FY2024RaisedAnnual report
「Taking these factors into comprehensive consideration, we will target a consolidated dividend payout ratio of 40%. The annual dividend per share for the fiscal year was ¥57, and the consolidated dividend payout ratio was 39.7%.」
The target consolidated dividend payout ratio was raised from the previous 30% to 40%. For the fiscal year, the annual dividend was ¥57 and the dividend payout ratio was 39.7%. - FY2024-Q3Update to interim dividend payment historyAnnual report
「At the Board of Directors meeting held on 30 October 2023, the following resolution was passed concerning the interim dividend for the fiscal year: ① Total dividend: ¥1,760 million ② Amount per share: ¥21.50 ③ Effective date of dividend payment claim and payment commencement date: 22 November 2023」
The payment record for the interim dividend shows that a total of ¥1,760 million, or ¥21.50 per share, was resolved and paid. - FY2024-Q2Update to interim dividend and annual dividend planAnnual report
「Based on the previously announced basic policy on profit distribution, the interim dividend was set at ¥21.50 per share. The year-end dividend is expected to be ¥25.50 per share, resulting in an expected annual dividend of ¥47 per share.」
The interim dividend was set at ¥21.50 per share, with a year-end dividend of ¥25.50 and an annual dividend of ¥47 expected. There has been no material change to the basic policy of targeting a dividend payout ratio of 30%. - FY2023Update to full-year dividend and dividend payout ratioAnnual report
「Based on the policy described above, the interim dividend for the fiscal year was set at ¥21.50 per share and the year-end dividend at ¥25.50 per share. As a result, the annual dividend per share for the fiscal year was ¥47, and the consolidated dividend payout ratio was 33.4%.」
The annual dividend was ¥47 and the consolidated dividend payout ratio was 33.4%. The policy of targeting a consolidated dividend payout ratio of 30% remains in place. - FY2023-Q3Update to interim dividend payment resultsAnnual report
「At the Board of Directors meeting held on 31 October 2022, the following resolution was passed concerning the interim dividend for the fiscal year: ① Total dividend: ¥1,759 million ② Amount per share: ¥21.50 ③ Effective date of dividend payment claim and payment commencement date: 24 November 2022」
The payment record for the interim dividend shows a total payment of ¥1,759 million, or ¥21.50 per share. - FY2023-Q2Update to interim dividend approvalAnnual report
「Based on the previously announced basic policy on profit distribution, the interim dividend was set at ¥21.50 per share. The year-end dividend is expected to be ¥25.50 per share, resulting in an expected annual dividend of ¥47 per share.」
The interim dividend was set at ¥21.50 per share, with a year-end dividend of ¥25.50 and an annual dividend of ¥47 expected. - FY2022Update to annual dividend and dividend payout ratioAnnual report
「Based on the policy described above, the interim dividend for the fiscal year was set at ¥21.50 per share and the year-end dividend at ¥25.50 per share. As a result, the annual dividend per share for the fiscal year was ¥47 on a pre-stock-split basis, and the consolidated dividend payout ratio was 34.3%.」
The annual dividend was ¥47 on a post-stock-split basis, and the consolidated dividend payout ratio was 34.3%. The policy of targeting a consolidated dividend payout ratio of 30% remains unchanged. - FY2022-Q2Update to interim dividend and annual dividend planAnnual report
「Based on the previously announced basic policy on profit distribution, the interim dividend was set at ¥21.50 per share. The year-end dividend is expected to be ¥25.50 per share, resulting in an expected annual dividend of ¥47 per share.」
The interim dividend was set at ¥21.50 on a post-stock-split basis, with a year-end dividend of ¥25.50 and an annual dividend of ¥47 expected. - FY2022-Q1Update to year-end dividend paymentAnnual report
「At the Board of Directors meeting held on 21 May 2021, a resolution was passed to pay a dividend from surplus as follows: …Total dividend………………………………………¥1,963 million…Amount per share…………………………………¥24.00…Effective date of dividend payment claim and payment commencement date…………7 June 2021」
The payment record for the year-end dividend for the fiscal year ended March 2021 shows a total payment of ¥1,963 million, or ¥24 per share. - FY2021Update to annual dividend and dividend payout ratioAnnual report
「Based on the policy described above, the interim dividend for the fiscal year was set at ¥41 per share, before the stock split, and the year-end dividend at ¥24 per share, after the stock split. As a result, the annual dividend per share for the fiscal year was ¥89 on a pre-stock-split basis, and the consolidated dividend payout ratio was 30.1%.」
Dividends spanning the stock split were paid, resulting in an annual dividend of ¥89 on a pre-stock-split equivalent basis and a consolidated dividend payout ratio of 30.1%. - FY2021-Q3Update to interim dividend payment historyAnnual report
「Board of Directors meeting: 30 October 2020; common shares; ¥1,695 million; dividend per share: ¥41; record date: 30 September 2020; effective date: 25 November 2020」
The payment record for the interim dividend with a record date of 30 September 2020 shows a total payment of ¥1,695 million, or ¥41 per share. - FY2021-Q2RaisedAnnual report
「The dividend forecast announced on 31 July 2020 was revised to ¥41 per share for the interim dividend and ¥21.50 per share for the year-end dividend. On an unadjusted basis for the stock split, the year-end dividend will be ¥43 and the annual dividend will be ¥84.」
The dividend forecast was revised to ¥41 for the interim dividend and ¥21.50 for the year-end dividend on a post-stock-split basis, and ¥84 for the annual dividend on a pre-stock-split basis. - FY2021-Q1Update to year-end dividend paidAnnual report
「At a meeting of the Board of Directors held on 22 May 2020, the company resolved to pay dividends from retained earnings as follows: (a) Total dividends: ¥1,694 million (b) Dividend per share: ¥41.00 (c) Effective date of the payment claim and payment start date: 5 June 2020」
For the dividend attributable to the fiscal year ended March 2020, ¥1,694 million in total, or ¥41 per share, was paid. - FY2020Update to the full-year dividend and dividend payout ratioAnnual report
「For the fiscal year, we paid a dividend of ¥81 per share, including an interim dividend of ¥40, in order to provide stable dividends on a continuing basis. As a result, the consolidated dividend payout ratio for the fiscal year was 31.1%.」
The company paid an annual dividend of ¥81 per share, resulting in a consolidated dividend payout ratio of 31.1%. It maintained its policy of targeting a 30% dividend payout ratio. - FY2020-Q3Update to interim dividend payment resultsAnnual report
「Board of Directors resolution dated 31 October 2019; common shares; total dividends: ¥1,653 million; dividend per share: ¥40; record date: 30 September 2019; effective date: 28 November 2019」
The disclosure states that an interim dividend of ¥40 per share, totaling ¥1,653 million, was paid for which 30 September 2019 was the record date. - FY2020-Q2Update to the interim dividend resolution and full-year dividend planAnnual report
「Based on the previously announced basic policy on profit distribution, we decided to pay a dividend of ¥40 per share with the end of the second quarter as the record date. Assuming that the earnings forecast is achieved, we plan to pay a year-end dividend of ¥41 per share, for a total annual dividend of ¥81 per share.」
The company decided on an interim dividend of ¥40 per share and plans a year-end dividend of ¥41 per share, for a total annual dividend of ¥81 per share. - FY2019Update to the full-year dividend and dividend payout ratioAnnual report
「For the fiscal year, we paid a dividend of ¥81 per share, including an interim dividend of ¥40, in order to provide stable dividends on a continuing basis. As a result, the consolidated dividend payout ratio for the fiscal year was 33.8%.」
The company maintained its policy of targeting a 30% dividend payout ratio and reported a full-year dividend of ¥81 per share and an actual consolidated dividend payout ratio of 33.8%. - FY2019-Q2Update to the interim dividend resolutionAnnual report
「At a meeting of the Board of Directors held on 6 November 2018, the company resolved the following interim dividend for the current fiscal year: ① Total dividends: ¥1,653 million ② Dividend per share: ¥40.00」
The company resolved an interim dividend of ¥1,653 million in total, or ¥40 per share, for which 30 September 2018 was the record date. - FY2019-Q1Update to dividend paymentsAnnual report
「At a meeting of the Board of Directors held on 22 May 2018, the company resolved to pay dividends from retained earnings as follows: (a) Total dividends: ¥1,694 million (b) Dividend per share: ¥41.00 (c) Effective date of the payment claim and payment start date: 8 June 2018」
The disclosure states that ¥41 per share, totaling ¥1,694 million, was paid as the dividend for the fiscal year ended March 2018. - FY2018Update to the full-year dividend and dividend payout ratioAnnual report
「For the fiscal year, we paid a dividend of ¥81 per share, including an interim dividend of ¥40, in order to provide stable dividends on a continuing basis. As a result, the consolidated dividend payout ratio for the fiscal year was 36.5%.」
The company maintained its policy of targeting a 30% dividend payout ratio and reported a full-year dividend of ¥81 per share and an actual consolidated dividend payout ratio of 36.5%. - FY2018-Q3Update to the interim dividend resolutionAnnual report
「At a meeting of the Board of Directors held on 7 November 2017, the company resolved the following interim dividend for the current fiscal year: (a) Total dividends: ¥1,653 million (b) Dividend per share: ¥40.00 (c) Effective date of the payment claim and payment start date: 24 November 2017」
The disclosure states that an interim dividend totaling ¥1,653 million, or ¥40 per share, was approved for the current fiscal year. - FY2018-Q2Update to the interim dividend resolutionAnnual report
「At a meeting of the Board of Directors held on 7 November 2017, the company resolved the following interim dividend for the current fiscal year: ① Total dividends: ¥1,653 million ② Dividend per share: ¥40.00」
The disclosure states that an interim dividend totaling ¥1,653 million, or ¥40 per share, was approved for the current fiscal year. - FY2018-Q1Update to dividend paymentsAnnual report
「At a meeting of the Board of Directors held on 24 May 2017, the company resolved to pay dividends from retained earnings as follows: (a) Total dividends: ¥1,653 million (b) Dividend per share: ¥40.00 (c) Effective date of the payment claim and payment start date: 9 June 2017」
The disclosure states that ¥40 per share, totaling ¥1,653 million, was paid as the dividend for the fiscal year ended March 2017. - FY2017RestatedAnnual report
「We regard returning profits to shareholders as one of our most important priorities. Our management policy is to improve profitability and strengthen our financial position while providing continuous and stable dividends. Retained earnings will be used to strengthen our management foundation and prepare for the flexible implementation of strategic investments and other measures aimed at expanding the business. Taking these factors into comprehensive consideration, we aim for a consolidated dividend payout ratio of 30%. For the fiscal year, we paid a dividend of ¥80 per share, including an interim dividend of ¥40, in accordance with this policy. As a result, the consolidated dividend payout ratio for the fiscal year was 30.2%.」
The company maintained its 30% target dividend payout ratio and reported a full-year dividend of ¥80 per share and an actual consolidated dividend payout ratio of 30.2%. - FY2017-Q2Update to Interim DividendAnnual report
「At a meeting of the Board of Directors held on 7 November 2016, the company resolved the following interim dividend for the current fiscal year: ① Total dividends: ¥1,653 million ② Dividend per share: ¥40.00」
The disclosure states that an interim dividend of ¥40 per share was approved for the current fiscal year. No change to the 30% target dividend payout ratio is stated. - FY2016First statedAnnual report
「We regard returning profits to shareholders as one of our most important priorities. Our management policy is to improve profitability and strengthen our financial position while providing continuous and stable dividends. Taking these factors into comprehensive consideration, we aim for a consolidated dividend payout ratio of 30%.」
The basic targets are continuous and stable dividends and a consolidated dividend payout ratio of 30%.