Policy of targeting a consolidated dividend payout ratio of 35%
First written in FY2016. 6 of 16 entries say "Restated". Latest entry: 2026-08-07.
- FY2026ReframedAnnual report
「The company changed its shareholder return policy from “a total payout ratio of approximately 45%” to “a consolidated dividend payout ratio of approximately 45%.”」
The company changed its policy from a total payout ratio of 45%, including share repurchases and other measures, to a consolidated dividend payout ratio of 45% centered on dividends funded by business earnings. - FY2024ReframedAnnual report
「The company will aim for a total payout ratio of 45% while strengthening its management base through efficient operations in both its business and financial activities and responding flexibly to funding needs, including the development of new businesses.」
The company changed its policy from targeting a consolidated dividend payout ratio of 35% to targeting a total payout ratio of 45%, including share repurchases and other measures. - FY2023SoftenedAnnual report
「The company recognizes that the gain arising from the recognition of an amount equivalent to negative goodwill associated with the additional acquisition of shares in TVE Co., Ltd. was specific to the fiscal year. Accordingly, while keeping a consolidated dividend payout ratio of 35% in mind and comprehensively considering future funding needs and other factors, the company paid ¥55 per share.」
The company maintained its policy of keeping a consolidated dividend payout ratio of 35% in mind, but determined the dividend amount after considering the temporary gain associated with the acquisition of TVE and future funding needs. - FY2022RestatedAnnual report
「The company’s dividend policy is based on paying stable dividends. It aims for a consolidated dividend payout ratio of 35% while strengthening its management base through efficient operations in both its business and financial activities and responding flexibly to funding needs, including the development of new businesses.」
The company reiterated its policy of balancing stable dividends with funding needs for business development while targeting a consolidated dividend payout ratio of 35%. - FY2021SoftenedAnnual report
「Although net income attributable to owners of the parent increased substantially, we recognize that this was specific to the fiscal year and resulted from the transfer of shares in Seika YKC Circuit (Thailand) Co., Ltd. Accordingly, while keeping a consolidated dividend payout ratio of 35% in mind, and taking future investment funding needs and other factors into account, the company paid a year-end dividend of ¥25 per share.」
While maintaining its policy of targeting a dividend payout ratio of 35%, the company considered the fiscal-year-specific gain from the share transfer and funding needs for investment, resulting in an annual dividend of ¥45. - FY2020RestatedAnnual report
「The company’s basic policy is to pay stable dividends. It aims for a consolidated dividend payout ratio of 35% while strengthening its management base through efficient operations in both its business and financial activities and responding flexibly to funding needs, including the development of new businesses.」
The company reiterated its policy of balancing stable dividends with funding needs for new businesses while targeting a consolidated dividend payout ratio of 35%. - FY2019RestatedAnnual report
「The company will aim for a consolidated dividend payout ratio of 35% while strengthening its management base through efficient operations in both its business and financial activities and responding flexibly to funding needs, including the development of new businesses.」
The company reiterated in its annual report its policy of targeting a consolidated dividend payout ratio of 35%. - FY2017RestatedAnnual report
「The company will aim for a consolidated dividend payout ratio of 35% while strengthening its management base through efficient operations in both its business and financial activities and responding flexibly to funding needs, including the development of new businesses.」
The company reiterated in its annual report its policy of targeting a consolidated dividend payout ratio of 35%. - FY2016First statedAnnual report
「The company aims for a consolidated dividend payout ratio of 35% while strengthening its management base through efficient operations in both its business and financial activities and responding flexibly to funding needs, including the development of new businesses.」
The company aims for a consolidated dividend payout ratio of 35% while balancing stable dividends with funding needs for new business development.