Policy of Distributing the Benefits of Higher Corporate Value to Shareholders
First written in FY2017-Q2. 7 of 23 entries say "Advanced", first in FY2020-Q1. Latest entry: FY2027-H1.
- FY2027-H1AdvancedAnnual report
「6 October 2026 Board of Directors Ordinary shares 740 76」
Regarding dividends under the shareholder return policy, the Company paid a year-end dividend of ¥70 per share for the interim period and resolved to pay an interim dividend of ¥76 per share next. The dividend increased from ¥69 for the previous year's interim dividend. - FY2026AdvancedAnnual report
「For the current fiscal year, we will pay an annual dividend of ¥139 per share, equivalent to a 4% DOE, comprising an interim dividend of ¥69 per share and a year-end dividend of ¥70.」
Based on its shareholder return policy, the Company will maintain 4% DOE, change from annual dividends to 2 dividends per year, an interim dividend and a year-end dividend, and paid a current-year dividend of ¥139 per share. - FY2025RaisedAnnual report
「For the current fiscal year, we will pay an annual dividend of ¥129 per share, equivalent to a 4% DOE. For the next fiscal year, we will maintain a 4% DOE and forecast an annual dividend of ¥139 per share, including an interim dividend of ¥69 per share.」
The dividend is being raised from ¥88 per share, equivalent to 3% DOE, in the previous fiscal year to ¥129, or 4% DOE, in the current fiscal year, and a dividend of ¥139 is forecast for the next fiscal year. From the fiscal year ending February 2026, the Company will change from annual dividends to 2 dividends per year, an interim dividend and a year-end dividend. - FY2025-H1AdvancedAnnual report
「Based on the policy of strengthening shareholder returns announced in the Medium-Term Management Plan (fiscal years ending February 2023 to February 2025) announced on 14 April 2022 and the fiscal year ended February 2024 results presentation announced on 12 April 2024, we will acquire treasury shares to expand shareholder returns and improve capital efficiency.」
States the policy of enhancing shareholder returns and improving capital efficiency through treasury share repurchases, based on the policy of strengthening shareholder returns. - FY2025-Q1AdvancedAnnual report
「29 May 2024 Ordinary shareholders’ meeting Common shares 1,026 88 29 February 2024 30 May 2024 Retained earnings」
States that the ordinary share dividend decided in the previous fiscal year, ¥88 per share and ¥1,026 million in total, was actually paid on 30 May 2024. - FY2024RaisedAnnual report
「For the current fiscal year, we will pay an annual dividend of ¥88 per share, equivalent to a 3% DOE. For the next fiscal year, we forecast an annual dividend of ¥125 per share, equivalent to a 4% DOE, through a further increase in the dividend level.」
The Company plans to raise the dividend in stages, from the previous fiscal year's ¥55 per share, equivalent to 2% DOE, to ¥88, equivalent to 3% DOE, for the current fiscal year and ¥125, equivalent to 4% DOE, for the next fiscal year. - FY2023AdvancedAnnual report
「Under the Medium-Term Management Plan (fiscal years ending February 2023 to February 2025), we aim to pay a dividend equivalent to a 2% DOE from the fiscal year ending February 2024 onward. For the current fiscal year, we will pay an annual dividend of ¥55 per share, equivalent to a 2% DOE. For the next fiscal year, we forecast an annual dividend of ¥59 per share, also equivalent to a 2% DOE.」
Following no dividend through the previous fiscal year, the Company paid a current-year dividend of ¥55 based on 2% DOE and forecasts a dividend of ¥59 for the next fiscal year. - FY2022RaisedAnnual report
「No dividend is being paid for the current and previous fiscal years, but a dividend of ¥40 per share annually is planned for the next fiscal year. From the fiscal year ending February 2024 onward, the Company also aims to pay dividends equal to 2% of DOE (dividend on equity).」
While maintaining no dividends for the current and previous fiscal years, the Company newly sets out a plan for an annual dividend of ¥40 for the next fiscal year and a time-bound shareholder return target of 2% DOE from the fiscal year ending February 2024 onward. - FY2021SoftenedAnnual report
「No dividend will be paid for the current fiscal year because performance has deteriorated substantially and losses have been recorded for 5 consecutive fiscal years. No dividend is also planned for the next fiscal year.」
Against its previous shareholder return policy, the Company states that the current fiscal year's no-dividend outcome has been finalized and that no dividend is planned for the next fiscal year as well. - FY2020SoftenedAnnual report
「With regard to the fiscal year ending February 2021, we expect to record losses for 4 consecutive fiscal years and a substantial deterioration in performance. Accordingly, although we sincerely regret doing so, we plan to pay no dividend.」
Regarding its previous policy of returning the results of enhanced corporate value to shareholders, the Company explicitly stated that it planned to pay no dividend for the fiscal year ending February 2021, indicating a weaker outlook for shareholder returns. - FY2020-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 9 May 2019, the Company resolved, as described below, to acquire treasury shares and determined the specific acquisition method pursuant to Article 156 of the Companies Act, as applied mutatis mutandis under Article 165, paragraph 3 of the same Act.」
In connection with its existing policy of enhancing corporate value and returning value to shareholders, the Company resolved at a Board of Directors meeting to acquire treasury shares to improve capital efficiency, and acquired 480,100 shares for a total of ¥872,341,700 on 10 May 2019. - FY2018RestatedAnnual report
「We regard returning profits to shareholders while fulfilling our social responsibilities as our mission」
Reaffirms, as a fundamental governance principle, its commitment to returning the results of enhanced corporate value to shareholders. - FY2016RestatedAnnual report
「We will strive to enhance corporate value, distribute the results, and practice transparent and sound management.」
Reiterates the Corporate Code of Conduct of distributing the results of enhanced corporate value to shareholders. - FY2017-Q3RestatedAnnual report
「We will strive to enhance corporate value, distribute the results, and practice transparent and sound management.」
Reiterates the policy of distributing the results of enhanced corporate value to shareholders. - FY2017-Q2First statedAnnual report
「We will strive to enhance corporate value, distribute the results, and practice transparent and sound management.」
Under “Together with Our Shareholders” in the Corporate Code of Conduct, the Company expresses its commitment to distributing the results of enhanced corporate value.