Maintaining Stable Dividends and Enhancing Shareholder Returns in Line with Business Performance
First written in FY2016. 25 of 34 entries say "Restated". Latest entry: 2026-11-06.
- FY2026RaisedAnnual report
「Based on the consolidated dividend on equity (DOE) for each fiscal year, the basic policy is to provide stable, continuous and progressive dividends to shareholders, with dividends paid using a consolidated dividend on equity (DOE) of 1.2% as a guideline.」
While continuing the policy of stable dividends and treasury share repurchases, the DOE guideline was raised from the previous 1.0% to 1.2%, and a progressive dividend policy was explicitly stated. The annual dividend for the fiscal year will be ¥34, comprising an interim dividend of ¥15 and a planned year-end dividend of ¥19. - FY2026-H1RestatedAnnual report
「27 June 2025 Annual General Meeting of Shareholders Common shares 191 30 31 March 2025 30 June 2025 Retained earnings」
A year-end dividend of ¥30 per share was paid, as in the previous fiscal year, reaffirming the policy of maintaining stable dividends. - FY2025Dividend increased to ¥30; DOE 1.2%Annual report
「We have decided to pay a dividend of ¥30 per share for the fiscal year. As a result, the payout ratio for the fiscal year was 37.6%.」
The policy of stable dividends with a DOE target of 1.0% was continued, and the dividend per share was increased from ¥26 in the previous fiscal year to ¥30. DOE for the fiscal year was 1.2%. - FY2024Dividend increased to ¥26; DOE 1.2%Annual report
「We will pay dividends with a consolidated dividend-on-equity ratio (DOE) of 1.0% as a guideline. In line with our basic policy of continuing stable dividends, we will also flexibly repurchase treasury shares after taking into consideration capital efficiency and market conditions. We have decided to pay a dividend of ¥26 per share for the fiscal year in accordance with the above policy. As a result, the payout ratio for the fiscal year was 54.5%.」
The policy of stable dividends with a DOE target of 1.0% and flexible treasury share repurchases was continued, and the dividend was increased from ¥22 in the previous fiscal year to ¥26. DOE for the fiscal year was 1.2%. - FY2024-Q3RestatedAnnual report
「27 June 2023 Annual General Meeting of Shareholders Common shares 140 22 31 March 2023 28 June 2023 Retained earnings」
During the cumulative third quarter of the fiscal year, a dividend of ¥22 per share, totaling ¥140 million, was paid, reaffirming the policy of maintaining stable dividends with a DOE target of 1.0%. - FY2024-Q1Dividend increased to ¥22Annual report
「Common shares 140 22 31 March 2023 28 June 2023 Retained earnings」
During the cumulative first quarter of the fiscal year, a dividend of ¥22 per share, totaling ¥140 million, was paid, an increase from ¥18 per share in the previous fiscal year. - FY2023-Q2RestatedAnnual report
「24 June 2022 Annual General Meeting of Shareholders Common shares 114 18 31 March 2022 27 June 2022 Retained earnings」
A dividend of ¥18 per share, totaling ¥114 million, was paid, reaffirming the policy of maintaining stable dividends with a DOE target of 1.0%. - FY2022Increase dividend to ¥18 and DOE to 0.9%Annual report
「We will pay dividends benchmarked against a consolidated DOE of 1.0%. In line with our basic policy of continuing stable dividends, we will also make flexible purchases of treasury shares after considering capital efficiency, market conditions and other factors. Based on the policy described above, we decided to pay a dividend of ¥18 per share for the fiscal year. As a result, the dividend payout ratio for the fiscal year was 53.4%.」
The policy of stable dividends benchmarked against a DOE of 1.0% and flexible purchases of treasury shares continued, and the dividend per share for the fiscal year increased from ¥15 in the previous fiscal year to ¥18. DOE was 0.9%. - FY2022-Q3RestatedAnnual report
「25 June 2021 Annual general meeting of shareholders Common shares 95 15 31 March 2021 28 June 2021 Retained earnings」
A dividend of ¥15 per share, totaling ¥95 million, was paid, reconfirming implementation of the stable dividend policy benchmarked against a DOE of 1.0%. - FY2022-Q2RestatedAnnual report
「25 June 2021 Annual general meeting of shareholders Common shares 95 15 31 March 2021 28 June 2021 Retained earnings」
A dividend of ¥15 per share, totaling ¥95 million, was paid, reconfirming implementation of the stable dividend policy benchmarked against a DOE of 1.0%. - FY2022-Q1RestatedAnnual report
「25 June 2021 Annual general meeting of shareholders Common shares 95 15 31 March 2021 28 June 2021 Retained earnings」
During the cumulative consolidated first quarter, a dividend of ¥15 per share, totaling ¥95 million, was paid, confirming implementation of the stable dividend policy benchmarked against a DOE of 1.0%. - FY2021ReframedAnnual report
「We recognize dividends as an important means of returning profits to shareholders. Our basic policy is to continue stable dividends with a consolidated dividend on equity ratio (DOE) of 1.0% as a benchmark, while also making flexible purchases of treasury shares after considering capital efficiency, market conditions and other factors.」
The policy changed from stable dividends and performance-linked returns to a capital return policy combining stable dividends benchmarked against a DOE of 1.0% with flexible purchases of treasury shares. A dividend of ¥15 per share was paid for the fiscal year, resulting in a DOE of 0.8%. - FY2021-Q3RestatedAnnual report
「26 June 2020 Annual general meeting of shareholders Common shares 84 12 31 March 2020 29 June 2020 Retained earnings」
A dividend of ¥12 per share, totaling ¥84 million, was paid, reconfirming the payment of stable dividends. - FY2021-Q2RestatedAnnual report
「Common shares 84 12 31 March 2020 29 June 2020 Retained earnings」
A dividend of ¥12 per share, totaling ¥84 million, was paid, reconfirming the payment of stable dividends. - FY2021-Q1RestatedAnnual report
「26 June 2020 Annual general meeting of shareholders Common shares 84 12 31 March 2020 29 June 2020 Retained earnings」
A dividend of ¥12 per share, totaling ¥84 million, was paid, reconfirming the payment of stable dividends. - FY2020RestatedAnnual report
「Based on the policy described above, we decided to pay a dividend of ¥12 per share for the fiscal year. As a result, the dividend payout ratio for the fiscal year was 352.9%.」
Under the basic policy of continuing stable dividends and returning profits in line with performance, a dividend of ¥12 per share was paid. - FY2020-Q3RestatedAnnual report
「27 June 2019 Annual general meeting of shareholders Common shares 84 12 31 March 2019 28 June 2019 Retained earnings」
A dividend of ¥12 per share, totaling ¥84 million, was paid, reconfirming the payment of stable dividends. - FY2020-Q2RestatedAnnual report
「Annual general meeting of shareholders held on 27 June 2019 Common shares 84 12 31 March 2019 28 June 2019 Retained earnings」
A dividend of ¥12 per share, totaling ¥84 million, was paid, reconfirming the payment of stable dividends. - FY2020-Q1RestatedAnnual report
「27 June 2019 Annual general meeting of shareholders Common shares 84 12 31 March 2019 28 June 2019 Retained earnings」
A dividend of ¥12 per share, totaling ¥84 million, was paid, reconfirming the payment of stable dividends. - FY2019-Q3RestatedAnnual report
「Annual general meeting of shareholders held on 28 June 2018 Common shares 84 12 31 March 2018 29 June 2018 Retained earnings」
A dividend of ¥12 per share, totaling ¥84 million, was paid, reconfirming the decision made in the previous fiscal year to add the ¥2 commemorative dividend for the company’s 70th anniversary to the regular dividend of ¥10. - FY2019-Q2RestatedAnnual report
「Annual general meeting of shareholders held on 28 June 2018 Common shares 84 12 31 March 2018 29 June 2018 Retained earnings」
A dividend of ¥12 per share, totaling ¥84 million, was paid, reconfirming the decision made in the previous fiscal year to add the ¥2 commemorative dividend for the company’s 70th anniversary to the regular dividend of ¥10. - FY2019-Q1RestatedAnnual report
「Annual general meeting of shareholders held on 28 June 2018 Common shares 84 12 31 March 2018 29 June 2018 Retained earnings」
A dividend of ¥12 per share, totaling ¥84 million, was paid, implementing the decision made in the previous fiscal year to add the ¥2 commemorative dividend for the company’s 70th anniversary to the regular dividend of ¥10. - FY2018Added a commemorative dividendAnnual report
「Based on the policy described above, we decided to pay a dividend of ¥12 per share for the fiscal year, consisting of the regular dividend of ¥10 plus a commemorative dividend of ¥2 to mark the company’s 70th anniversary. As a result, the dividend payout ratio for the fiscal year was 28.9%.」
The stable dividend policy was maintained, with a ¥2 commemorative dividend for the company’s 70th anniversary added to bring the dividend to ¥12 per share. The regular dividend was ¥10, and no permanent policy change was stated. - FY2018-Q3RestatedAnnual report
「Common shares 70 10 31 March 2017 30 June 2017」
A dividend totaling ¥70 million, or ¥10 per share, was paid on common shares, reconfirming the stable dividend policy. - FY2018-Q2RestatedAnnual report
「Common shares 70 10 31 March 2017 30 June 2017」
A dividend totaling ¥70 million, or ¥10 per share, was paid on common shares, reconfirming the payment of stable dividends. - FY2018-Q1RestatedAnnual report
「Common shares 70 10 31 March 2017 30 June 2017」
Based on the annual general meeting of shareholders held on 29 June 2017, a dividend totaling ¥70 million, or ¥10 per share, was paid, reconfirming the stable dividend policy. - FY2017-Q3RestatedAnnual report
「Common shares 70 10」
During the cumulative consolidated third quarter, dividends totaling ¥70 million, or ¥10 per share, were paid on common shares, reconfirming the payment of stable dividends. - FY2017-Q2RestatedAnnual report
「Common shares 70 10」
During the cumulative consolidated second quarter, dividends totaling ¥70 million, or ¥10 per share, were paid on common shares, reconfirming the payment of stable dividends. - FY2017-Q1RestatedAnnual report
「Common shares 70 10」
Based on the annual general meeting of shareholders held on 29 June 2016, a dividend of ¥10 per share, totaling ¥70 million, was paid, consistent with the previous stable dividend policy. - FY2016First statedAnnual report
「Our basic policy is to continue stable dividends, recognizing them as an important means of returning profits to shareholders, while also making active shareholder returns in line with performance.」
The dividend for the fiscal year was ¥10 per share, with one year-end dividend generally paid annually.