Stable Dividends and Ongoing Profit Returns
First written in FY2016. 9 of 38 entries say "Raised", first in FY2018. Latest entry: 2026-07-31.
- FY2026ReframedAnnual report
「For the next fiscal year, as set out in the Fourth Medium-Term Management Plan, we have adopted a policy of maintaining a stable dividend of at least 30% of consolidated deemed net income and setting the minimum at a DOE (dividend on equity) of 2.7%.」
The annual dividend for the fiscal year was ¥82 and is scheduled to increase to ¥87 in the next fiscal year, while the minimum dividend criterion was changed from the fixed amount of ¥76 to a DOE of 2.7%. - FY2026-H1Increase in interim dividendAnnual report
「Common shares 800 38.0 30 September 2025 2 December 2025 Retained earnings」
The interim dividend was ¥38 per share, up from ¥34 per share in the same period of the previous year. - FY2025RaisedAnnual report
「For the next fiscal year (FY2025), the final year of the Third Medium-Term Management Plan, the dividend policy will change the minimum dividend in order to further enhance the stability of shareholder returns. The policy will be at least 30% of consolidated deemed net income* and an annual minimum of ¥76 per share.」
The next fiscal year's dividend minimum was raised from the previous annual minimum of ¥55 to ¥76. The annual dividend for the current fiscal year was also ¥76. - FY2025-H1Increase in interim dividendAnnual report
「At a meeting of the Board of Directors held on 6 November 2024, the following resolution was passed concerning the interim dividend for the fiscal year. (a) Total amount of interim dividends: ¥718 million (b) Dividend per share: ¥34.00」
The interim dividend was ¥34 per share, up from ¥32 per share in the same period of the previous year. - FY2024-Q2Increase in interim dividendAnnual report
「At a meeting of the Board of Directors held on 7 November 2023, the following resolution was passed concerning the interim dividend for the fiscal year. (a) Total amount of interim dividends: ¥676 million (b) Dividend per share: ¥32.00」
The interim dividend was ¥32 per share, up from ¥29 per share in the same period of the previous year. No change to the dividend policy itself, including the annual minimum of ¥55 set out in the Third Medium-Term Management Plan, is stated. - FY2024-Q1The year-end dividend was increasedAnnual report
「20 June 2023 Annual General Meeting of Shareholders Common shares 800 38.0 31 March 2023 21 June 2023 Retained earnings」
The year-end dividend paid during the first quarter was ¥38 per share, up from ¥34 per share in the same period of the previous year. - FY2023RaisedAnnual report
「For dividends from the following fiscal year onward, as set out in the Third Medium-Term Management Plan, we have adopted a policy of maintaining a stable dividend of at least 30% of consolidated deemed profit* and an annual minimum of ¥55.」
The policy was changed from a consolidated dividend payout ratio of 30% or higher and an annual minimum of ¥35 to an annual minimum of ¥55. The annual dividend for the fiscal year was ¥67, and the dividend scheduled for the next fiscal year is ¥65. - FY2023-Q3Increase in interim dividendAnnual report
「At a meeting of the Board of Directors held on 8 November 2022, the following resolution was passed concerning the interim dividend for the fiscal year. (a) Total amount of interim dividends: ¥613 million (b) Dividend per share: ¥29.00」
The interim dividend was ¥29 per share, up from ¥24 per share in the same period of the previous year. No change to the stable dividend policy itself is stated. - FY2023-Q2Increase in interim dividendAnnual report
「At a meeting of the Board of Directors held on 8 November 2022, the following resolution was passed concerning the interim dividend for the fiscal year. (a) Total amount of interim dividends: ¥613 million (b) Dividend per share: ¥29.00」
The interim dividend was ¥29 per share, up from ¥24 per share in the same period of the previous year. No change to the dividend policy itself is stated. - FY2023-Q1The year-end dividend was increasedAnnual report
「17 June 2022 Annual General Meeting of Shareholders Common shares 716 34.0 31 March 2022 20 June 2022 Retained earnings」
The year-end dividend paid during the first quarter was ¥34 per share, up from ¥23 per share in the same period of the previous year. This filing does not state any change to the dividend policy itself. - FY2022-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 5 November 2021, the following resolution was passed concerning the interim dividend for the fiscal year. (a) Total amount of interim dividends: ¥507 million (b) Dividend per share: ¥24.00」
The interim dividend was ¥24 per share, at the same level as disclosed as of FY2022-Q2. No change to the dividend policy itself is stated. - FY2022-Q2Increase in interim dividendAnnual report
「At a meeting of the Board of Directors held on 5 November 2021, the following resolution was passed concerning the interim dividend for the fiscal year. (a) Total amount of interim dividends: ¥507 million (b) Dividend per share: ¥24.00」
The interim dividend was ¥24 per share, up from ¥20 per share in the same period of the previous year. This filing does not state any change to the dividend policy itself. - FY2022-Q1RestatedAnnual report
「18 June 2021 Annual General Meeting of Shareholders Common shares 494 23.0 31 March 2021 21 June 2021 Retained earnings」
The dividend paid for the first quarter was ¥23 per share, unchanged from the same period of the previous year. No change to the dividend policy itself is stated. - FY2021RaisedAnnual report
「As part of our policy of maintaining a stable dividend, we have adopted a dividend policy of a consolidated dividend payout ratio of 30% or higher and an annual minimum of ¥35 per share.」
The previous policy of a consolidated dividend payout ratio of 25% or higher and a generally applicable minimum of ¥30 per share was raised to a payout ratio of 30% or higher and an annual minimum of ¥35. The annual dividend for the next fiscal year is also scheduled to be ¥48. - FY2021-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 5 November 2020, the following resolution was passed concerning the interim dividend for the fiscal year.」
The interim dividend was ¥20 per share, unchanged from the previous fiscal year. No change from the previous policy of a minimum stable dividend of ¥30 and a consolidated dividend payout ratio of 25% or higher is stated. - FY2021-Q1The year-end dividend was reducedAnnual report
「19 June 2020 Annual General Meeting of Shareholders Common shares 493 23.0 31 March 2020 22 June 2020 Retained earnings」
The dividend paid for the first quarter was ¥23 per share, down from ¥25 per share in the same period of the previous year. This filing does not state any change to the policy of a minimum stable dividend of ¥30 and a consolidated dividend payout ratio of 25% or higher. - FY2020RestatedAnnual report
「As part of our policy of maintaining a stable dividend, we generally set the minimum at ¥30 and the consolidated dividend payout ratio at 25% or higher.」
The policy of a minimum stable dividend of ¥30 and a consolidated dividend payout ratio of 25% or higher was maintained. The annual dividend was ¥43, comprising an interim dividend of ¥20 and a year-end dividend of ¥23, while the dividend at the end of the second quarter of the next fiscal year is scheduled to be ¥20. The possibility of changing the policy due to the postponement of the announcement of the next medium-term management plan will be announced together with that plan. - FY2020-Q2Increase in interim dividendAnnual report
「At a meeting of the Board of Directors held on 6 November 2019, the following resolution was passed concerning the interim dividend for the fiscal year. (a) Total amount of interim dividends: ¥429 million (b) Dividend per share: ¥20.00」
The interim dividend was ¥20 per share, up from ¥18 per share in the same period of the previous year. No change to the policy of a minimum stable dividend of ¥30 and a consolidated dividend payout ratio of 25% or higher is stated. - FY2020-Q1The year-end dividend was increasedAnnual report
「21 June 2019 Annual General Meeting of Shareholders Common shares 536 25.0 31 March 2019 24 June 2019 Retained earnings」
The dividend paid for the first quarter was ¥25 per share, up from ¥24 per share in the same period of the previous year. No change to the stable dividend policy itself is stated. - FY2019The annual dividend was increasedAnnual report
「The year-end dividend for the fiscal year was set at ¥25 per share. Combined with the interim dividend of ¥18 per share, the annual dividend was set at ¥43 per share.」
The annual dividend was ¥43, up from ¥40 in the previous fiscal year. The policy of a minimum stable dividend of ¥30 and a consolidated dividend payout ratio of 25% or higher has been maintained. - FY2019-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 6 November 2018, the following resolution was passed concerning the interim dividend for the fiscal year. (a) Total amount of interim dividends: ¥386 million (b) Dividend per share: ¥18.00」
The interim dividend was ¥18 per share, maintaining the increased level from ¥16 per share in the previous fiscal year. No change to the stable dividend policy itself is stated. - FY2019-Q2Increase in interim dividendAnnual report
「At a meeting of the Board of Directors held on 6 November 2018, the following resolution was passed concerning the interim dividend for the fiscal year. (a) Total amount of interim dividends: ¥386 million (b) Dividend per share: ¥18.00」
The interim dividend was ¥18 per share, up from ¥16 per share in the same period of the previous year. No change to the stable dividend policy itself is stated. - FY2019-Q1The year-end dividend was increasedAnnual report
「22 June 2018 Annual General Meeting of Shareholders Common shares 515 24.0 31 March 2018 25 June 2018 Retained earnings」
The dividend paid for the first quarter was ¥24 per share, up from ¥18 per share in the same period of the previous year. No change to the dividend policy itself is stated. - FY2018RaisedAnnual report
「As part of our policy of maintaining a stable dividend, we generally set the minimum at ¥30 and the consolidated dividend payout ratio at 25% or higher. However, this policy applies through the end of March 2020, the period covered by the medium-term management plan. Thereafter, the policy will be formulated after taking comprehensive account of business performance and other factors.」
The previous policy of a stable dividend and a dividend payout ratio target was made more specific by setting a minimum of generally ¥30 per share, and the applicable period through the end of March 2020 was also stated. The annual dividend was ¥40. - FY2018-Q2Increase in interim dividendAnnual report
「At a meeting of the Board of Directors held on 7 November 2017, the following resolution was passed concerning the interim dividend for the fiscal year.」
The interim dividend was ¥16 per share, up from ¥12 per share in the same period of the previous year. No change to the stable dividend policy itself is stated. - FY2018-Q1Increase in dividend per shareAnnual report
「Common shares 387 18.0 31 March 2017 26 June 2017 Retained earnings」
The dividend paid for the first quarter was ¥18.0 per share, up from ¥16.0 in the same period of the previous year. No change to the dividend policy itself is stated. - FY2017Dividend payout ratio target disclosedAnnual report
「Taking into account the future earnings outlook and other factors, the Company seeks to secure profits on a continuing basis and, based on a policy of stable dividends, has set a target consolidated dividend payout ratio of 25–30% or higher.」
While maintaining its policy of stable dividends, the Company newly disclosed a numerical target of a consolidated dividend payout ratio of 25–30% or higher. The annual dividend was ¥30 per share. - FY2017-Q3Increase in interim dividendAnnual report
「At a meeting of the Board of Directors held on 8 November 2016, the Company passed the following resolution concerning the interim dividend for the fiscal year.」
The interim dividend for the fiscal year was ¥12 per share, an increase from ¥10 per share in the same period of the previous year. No change to the dividend policy itself was disclosed. - FY2017-Q1Increase in dividend per shareAnnual report
「Common shares 345 16.0 31 March 2016 24 June 2016 Retained earnings」
The dividend paid for the quarter was ¥16.0 per share, up from ¥14.0 per share in the same period of the previous year. No change to the dividend policy itself was disclosed. - FY2016First statedAnnual report
「The Company's basic policy is to secure profits on a continuing basis, taking into account the strengthening of its corporate structure and future earnings outlook, among other factors, and to pay stable dividends to shareholders while considering the dividend payout ratio and other factors.」
Securing profits, the dividend payout ratio and stable dividends are the Company's basic policies for returning profits to shareholders.