Maintaining stable dividends and a payout ratio above 30%
First written in FY2020. 2 of 7 entries say "Achieved", first in 2026-05-14. Latest entry: 2026-11-13.
- 2026-11-13RestatedRevision to earnings forecast
「なお、当社は業績予想を下方修正することとなりましたが、安定配当および DOE４％以上の基本方針のもと、2027 年３月期の配当予想につきましては前回発表時と変わらず中間配当を一株当たり 20 円、年間では一株当たり 40 円を予定しております。」
業績予想を下方修正する一方、安定配当およびDOE4％以上の基本方針と、2027年3月期の中間配当20円・年間配当40円の予想を維持している。 - FY2026RestatedAnnual report
「The basic dividend policy is to maintain stable dividends. After comprehensively considering the business environment, earnings outlook, financial position and other factors surrounding the company, we will strive to maintain a DOE of 4.0%. While continuing to prioritize stable dividends, we will also focus on improving capital efficiency and ROE, and seek to optimize our capital policy.」
The company continues its shareholder return policy of prioritizing stable dividends, maintaining DOE at 4.0%, and improving capital efficiency and ROE. - FY2023ReframedAnnual report
「Under the medium-term management plan beginning in April 2023, the company revised its shareholder return policy and introduced the dividend-on-equity ratio (DOE) as a target metric. It aims to achieve 4% early in the plan period and plans to pay annual dividends of ¥36 for the next fiscal year, equivalent to a DOE of 3.5%.」
The company moved from its previous policy of stable dividends and a payout ratio above 30% to introducing DOE as a new target metric, with an early target of 4% and annual dividends of ¥36 for the next fiscal year. - FY2022Disclosure of actual payout ratioAnnual report
「The basic dividend policy is to maintain stable dividends. After comprehensively considering the business environment, earnings outlook, financial position and other factors surrounding the company, we will strive to maintain a payout ratio above 30%.」
The company continues to pursue a policy of stable dividends and a payout ratio above 30%, and disclosed a payout ratio of 52.2% and annual dividends of ¥26 per share for the fiscal year ended March 2022. - FY2020First statedAnnual report
「The basic dividend policy is to maintain stable dividends. After comprehensively considering the business environment, earnings outlook, financial position and other factors surrounding the company, we will strive to maintain a payout ratio above 30%.」
The company explicitly states a capital policy of maintaining stable dividends and striving to sustain a payout ratio above 30%.