Consolidated Payout Ratio of at Least 30% and Stable Dividends
First written in FY2016. 22 of 35 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2026.
- FY2026RaisedAnnual report
「Meanwhile, under its medium-term management plan, the Company aims to provide stable dividends less susceptible to short-term fluctuations in earnings and changes in market conditions by incorporating DOE into its dividend policy toward the final year of the plan. The dividend policy is based on the higher of a dividend payout ratio of 35% or DOE of 4%, with progressive dividends as its basic policy.」
The policy was expanded from the previous target of a consolidated dividend payout ratio of 30% to a combination of the higher of a 35% dividend payout ratio or 4% DOE, progressive dividends and flexible share buybacks. - FY2026-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 31 October 2025, the following resolution was passed concerning the interim dividend for the 123rd fiscal year. ① Total interim dividend: ¥372 million ② Dividend per share: ¥20.00 ③ Effective date of dividend payment claim and payment commencement date: 2 December 2025」
The Company resolved to pay an interim dividend totaling ¥372 million, or ¥20 per share. This was an increase from the previous interim period's ¥15 per share, advancing implementation of its stable dividend policy targeting a consolidated dividend payout ratio of 30%. - FY2025AdvancedAnnual report
「The Company places importance on steadily paying an appropriate dividend in line with results for the period, targeting a consolidated dividend payout ratio of 30%.」
The Company continued its target of a 30% consolidated dividend payout ratio and its stable dividend policy, planning an interim dividend of ¥15, a year-end dividend of ¥65, including a special dividend of ¥10, and an annual dividend of ¥80. The dividend payout ratio was 32.6%. - FY2025-H1AdvancedAnnual report
「27 June 2024 Annual General Meeting of Shareholders Common stock 889 Retained earnings 140.00 31 March 2024 28 June 2024 Retained earnings At a meeting of the Board of Directors held on 31 October 2024, the following resolution was passed concerning the interim dividend for the 122nd fiscal year. ① Total interim dividend: ¥285 million ② Dividend per share: ¥15.00 ③ Effective date of dividend payment claim and payment commencement date: 5 December 2024」
The Company paid a total of ¥889 million, or ¥140 per share, as the year-end dividend, and resolved to pay an interim dividend totaling ¥285 million, or ¥15 per share. It continued returning profits to shareholders based on its stable dividend policy. - FY2024SoftenedAnnual report
「The Company places importance on steadily paying an appropriate dividend in line with results for the period, targeting a consolidated dividend payout ratio of 30%.」
The wording changed from the previous “consolidated dividend payout ratio of 30% or more” to “30%,” removing the wording indicating a floor. At the same time, the Company paid an annual dividend of ¥180, including an ordinary dividend increase of ¥20 and a commemorative dividend of ¥10. - FY2024-Q3RestatedAnnual report
「The main factors were that, although the Company recorded quarterly net income attributable to owners of the parent of ¥2,890 million, it paid dividends of ¥1,013 million, while other securities valuation differences increased by ¥1,789 million as the fair value of investment securities rose from the end of the previous consolidated fiscal year, among other factors.」
The Company paid cumulative dividends of ¥1,013 million, including the interim dividend, and continued returning profits to shareholders based on its stable dividend policy. - FY2024-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 27 October 2023, the following resolution was passed concerning the interim dividend for the 121st fiscal year. ① Total interim dividend: ¥254 million ② Dividend per share: ¥40.00 ③ Effective date of dividend payment claim and payment commencement date: 4 December 2023」
Under its stable dividend policy, the Company resolved to pay an interim dividend for the 121st fiscal year totaling ¥254 million, or ¥40 per share. This was an increase from the previous interim dividend of ¥30 per share. - FY2024-Q1AdvancedAnnual report
「29 June 2023 Annual General Meeting of Shareholders Common stock 758 Retained earnings 120.00 31 March 2023 30 June 2023」
As the year-end dividend for the fiscal year ended March 2023, the Company paid a total of ¥758 million, or ¥120 per share. The dividend per share included a special dividend of ¥10. - FY2023-Q3RestatedAnnual report
「The main factor was that, although the Company recorded quarterly net income attributable to owners of the parent of ¥2,632 million, it paid dividends of ¥948 million, among other factors.」
During the nine-month period, the Company paid dividends of ¥948 million and continued implementing its policy of emphasizing a consolidated dividend payout ratio of 30% or more and stable dividends. - FY2023-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 28 October 2022, the following resolution was passed concerning the interim dividend for the 120th fiscal year. ① Total interim dividend: ¥189 million ② Dividend per share: ¥30.00」
Under its stable dividend policy, the Company resolved to pay an interim dividend for the 120th fiscal year totaling ¥189 million, or ¥30 per share. - FY2023-Q1AdvancedAnnual report
「29 June 2022 Annual General Meeting of Shareholders Common stock 758 Retained earnings 120.00 31 March 2022 30 June 2022」
As the year-end dividend for the fiscal year ended March 2022, the Company paid a total of ¥758 million, or ¥120 per share. The dividend included a commemorative dividend of ¥20, and the Company continued implementing its stable dividend policy. - FY2022AdvancedAnnual report
「With a target consolidated dividend payout ratio of at least 30%, the company places importance on making stable and appropriate dividend payments in line with earnings for each period.」
The Company continued to target a consolidated dividend payout ratio of 30% or more and paid an annual dividend of ¥150, comprising an ordinary dividend of ¥100, a commemorative dividend of ¥20 marking the 105th anniversary of its founding, and an interim dividend of ¥30. - FY2022-Q3RestatedAnnual report
「The main factors were that, although the Company recorded quarterly net income attributable to owners of the parent of ¥1,992 million, other securities valuation differences decreased by ¥50 million as the fair value of investment securities fell from the end of the previous consolidated fiscal year, and the Company paid dividends of ¥758 million, among other factors.」
The Company paid dividends of ¥758 million as interim dividends and other dividends, and continued implementing dividends based on its stable dividend policy. - FY2022-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 29 October 2021, the following resolution was passed concerning the interim dividend for the 119th fiscal year. ① Total interim dividend: ¥189 million ② Dividend per share: ¥30.00 ③ Effective date of dividend payment claim and payment commencement date: 2 December 2021」
Under its stable dividend policy, the Company resolved to pay an interim dividend for the 119th fiscal year totaling ¥189 million, or ¥30 per share. - FY2022-Q1AdvancedAnnual report
「29 June 2021 Annual General Meeting of Shareholders Common stock 569 Retained earnings 90.0 31 March 2021 30 June 2021」
Under its stable dividend policy, the Company paid a total of ¥569 million, or ¥90 per share, as the year-end dividend for the fiscal year ended March 2021. - FY2021-Q3RestatedAnnual report
「The main factors were that the Company recorded quarterly net income attributable to owners of the parent of ¥1,885 million and other securities valuation differences increased by ¥912 million as the fair value of investment securities rose from the end of the previous consolidated fiscal year, while the Company paid dividends of ¥815 million, among other factors.」
During the nine-month period, the Company paid dividends of ¥815 million and continued implementing dividends based on its stable dividend policy. - FY2021-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 30 October 2020, the following resolution was passed concerning the interim dividend for the 118th fiscal year. ① Total interim dividend: ¥189 million ② Dividend per share: ¥30.00 ③ Effective date of dividend payment claim and payment commencement date: 2 December 2020」
Under its stable dividend policy, the Company resolved to pay an interim dividend for the 118th fiscal year totaling ¥189 million, or ¥30 per share. - FY2021-Q1AdvancedAnnual report
「26 June 2020 Annual General Meeting of Shareholders Common stock 626 Retained earnings 100.00 31 March 2020 29 June 2020」
As the year-end dividend for the fiscal year ended March 2020, the Company paid a total of ¥626 million, or ¥100 per share. Although this was down from ¥120 per share in the previous fiscal year, the Company implemented a dividend based on its stable dividend policy. - FY2020-Q3AdvancedAnnual report
「The main factors were that, although the Company recorded quarterly net income attributable to owners of the parent of ¥3,136 million, it paid dividends of ¥939 million, among other factors.」
During the nine-month period, the Company paid dividends of ¥939 million and continued implementing its stable dividend policy. - FY2020-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 30 October 2019, the following resolution was passed concerning the interim dividend for the 117th fiscal year. ① Total interim dividend: ¥187 million ② Dividend per share: ¥30.00 ③ Effective date of dividend payment claim and payment commencement date: 3 December 2019」
Under its stable dividend policy, the Company resolved to pay an interim dividend for the 117th fiscal year totaling ¥187 million, or ¥30 per share. During the six-month period ended 30 September, it also paid the previous year-end dividend of ¥751 million. - FY2020-Q1RestatedAnnual report
「Although the Company recorded quarterly net income attributable to owners of the parent of ¥856 million, it paid dividends of ¥751 million.」
As the year-end dividend for the fiscal year ended March 2019, the Company paid ¥120 per share, totaling ¥751 million, and continued implementing its stable dividend policy. - FY2019AdvancedAnnual report
「Under its basic policy of paying stable dividends on an ongoing basis, the Company set the year-end dividend from retained earnings for the fiscal year at ¥90 per share, an increase of ¥30 from the previous fiscal year, and added a special dividend of ¥30 in appreciation of achieving consolidated net sales of ¥100 billion, bringing the total to ¥120 per share. Including the interim dividend of ¥30, the annual dividend per share for the fiscal year is ¥150.」
The Company maintained its policy of a consolidated dividend payout ratio of 30% or more and stable dividends, paying an ordinary dividend of ¥90, a special dividend of ¥30 and an annual dividend of ¥150. - FY2019-Q3RestatedAnnual report
「The main factors were the recognition of ¥3,048 million in profit attributable to owners of the parent, a ¥1,362 million decrease in valuation difference on other securities due to lower market values of investment securities, and the payment of ¥626 million in dividends, among others.」
During the cumulative third quarter, the company paid ¥626 million in dividends, continuing to implement its stable dividend policy. - FY2019-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 31 October 2018, the following resolution was passed concerning the interim dividend for the 116th fiscal year. ① Total interim dividend: ¥187 million ② Dividend per share: ¥30.00 ③ Effective date of the right to claim payment and payment commencement date: 4 December 2018」
Under its stable dividend policy, the company resolved to pay an interim dividend of ¥187 million, or ¥30 per share, with 30 September 2018 as the record date. - FY2019-Q1RestatedAnnual report
「28 June 2018 Annual General Meeting of Shareholders Common shares 438 Retained earnings 70.00 31 March 2018 29 June 2018」
The company paid a total of ¥438 million, or ¥70 per share, as the year-end dividend for the fiscal year ended March 2018, continuing to implement its stable dividend policy. - FY2018AdvancedAnnual report
「Under its basic policy of continuing stable dividends, the company set the year-end dividend from surplus for the fiscal year at a total of ¥70 per share, comprising an ordinary dividend of ¥60 per share and a commemorative dividend of ¥10 to mark the 80th anniversary of the company's establishment in January 2018.」
The company maintained its policy of a consolidated dividend payout ratio of at least 30% and stable dividends, paying a year-end dividend of ¥70, an interim dividend of ¥30 on a post-share-consolidation basis, and an annual total of ¥100 per share. - FY2018-Q2AdvancedAnnual report
「29 June 2017 Annual General Meeting of Shareholders Common shares 413 13.00 31 March 2017 30 June 2017 Retained earnings」
The company paid a year-end dividend of ¥413 million, or ¥13 per share, and also resolved to pay an interim dividend of ¥190 million, or ¥6 per share, confirming the concrete implementation of its stable dividend policy. - FY2017AdvancedAnnual report
「With a target consolidated dividend payout ratio of at least 30%, the company places importance on making stable and appropriate dividend payments in line with earnings for each period.」
The company maintained its target consolidated dividend payout ratio of at least 30% and paid a total of ¥16 per share, comprising an ordinary dividend of ¥8, a commemorative dividend of ¥5 and an interim dividend of ¥3. - FY2017-Q3RestatedAnnual report
「The main factors were the recognition of ¥1,085 million in profit attributable to owners of the parent, the payment of ¥413 million in dividends, and a ¥1,759 million increase in valuation difference on other securities due to higher market values of investment securities, among others.」
The company paid a cumulative ¥413 million in dividends, continuing to implement its stable dividend policy. - FY2017-Q2AdvancedAnnual report
「This was due in part to the payment of ¥318 million in dividends.」
During the cumulative second quarter, the company paid a ¥318 million dividend based on the previous fiscal year-end, equivalent to ¥10 per share, and also resolved to pay an interim dividend of ¥3 per share, demonstrating the concrete implementation of its stable dividend policy. - FY2016First statedAnnual report
「With a target consolidated dividend payout ratio of at least 30%, the company places importance on making stable and appropriate dividend payments in line with earnings for each period. Its basic policy is to pay dividends from surplus twice a year, as an interim dividend and a year-end dividend.」
The company has stated a basic policy of a target dividend payout ratio, stable dividends and dividend payments twice a year.