Balancing ongoing, stable dividends with growth investment
First written in FY2016. 17 of 28 entries say "Restated". Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Based on the policy described above, the planned year-end dividend for the fiscal year is ¥23.50 per share. Combined with the interim dividend of ¥23.50 per share, this brings the annual dividend to ¥47 per share. In addition, to provide shareholders with more opportunities to receive profit distributions, the Company will pay dividends twice a year starting in the current fiscal year.」
The interim dividend previously presented as planned was paid at ¥23.50 per share, and from the current fiscal year the Company moved to twice-yearly dividends totalling ¥47 per year. - FY2026-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 11 November 2025, the Company resolved the following matters concerning the interim dividend for the current fiscal year. (1) Total interim dividend: ¥5,414 million (2) Dividend per share: ¥23.50 (3) Effective date of the payment claim and payment commencement date: 15 December 2025」
The interim dividend previously presented as planned advanced to the stage of being paid at ¥23.50 per share pursuant to a resolution of the Board of Directors. - FY2025Planned dividend of ¥47 per share; interim dividend to be introducedAnnual report
「Based on the policy described above, the planned year-end dividend for the fiscal year is ¥47 per share, comprising ¥32.50 for dividend item (1) above and ¥14.50 for dividend item (2) above.」
In addition to the policy of progressive dividends and a dividend payout ratio of at least 20%, the Company disclosed a dividend policy separating the earnings impact of making Cosmo Energy Holdings an equity-method affiliate, as well as a planned year-end dividend of ¥47 per share. It also plans to amend its Articles of Incorporation to allow interim dividends. - FY2025-H1Dividend per share: ¥130Annual report
「Annual General Meeting of Shareholders held on 19 June 2024 Common shares 7,485 130 31 March 2024 20 June 2024 Retained earnings」
Under the policy of continuous and stable dividends, the dividend for the fiscal year ended March 2024 was ¥130 per share before the stock split. - FY2024RaisedAnnual report
「Under PLAN 27, the Company aims to steadily increase dividends in line with profit growth and, in the final year, fiscal 2027, achieve a dividend payout ratio of at least 20% based on net income excluding market-related factors, together with progressive dividends without reductions.」
In addition to the previous policy of continuous and stable dividends, the Company specified a dividend payout ratio of at least 20% for fiscal 2027 and progressive dividends without reductions, making its commitment to shareholder returns more concrete. - FY2024-Q2RestatedAnnual report
「Annual General Meeting of Shareholders held on 21 June 2023 Common shares 5,470 95 31 March 2023 22 June 2023 Retained earnings」
Reaffirms that a ¥95 per-share dividend was paid based on the policy of continuous and stable dividends. - FY2024-Q1RestatedAnnual report
「Annual General Meeting of Shareholders held on 21 June 2023 Common shares 5,470 95 31 March 2023 22 June 2023 Retained earnings」
Reports a ¥95 per-share dividend based on the policy of continuous and stable dividends, at the same level as the previous fiscal year's year-end dividend. - FY2023Year-end dividend: ¥95Annual report
「Based on the policy described above, the year-end dividend for the fiscal year is ¥95 per share.」
Maintaining the policy of continuous and stable dividends and growth investment, the year-end dividend increased from ¥85 per share in the previous fiscal year to ¥95. - FY2022Year-end dividend: ¥85Annual report
「Based on the policy described above, the year-end dividend for the fiscal year is ¥85 per share.」
Maintaining the policy of continuous and stable dividends and growth investment, the Company set the year-end dividend for the fiscal year at ¥85 per share. - FY2021Year-end dividend: ¥75Annual report
「Based on the policy described above, the year-end dividend for the fiscal year is ¥75 per share.」
While maintaining the policy of continuous and stable dividends, the year-end dividend for the fiscal year was ¥75 per share. - FY2021-Q2RestatedAnnual report
「The per-share dividend approved at the Annual General Meeting of Shareholders held on 24 June 2020 included a ¥20 commemorative dividend marking the Company's 90th anniversary.」
Restates the dividend policy outcome of a ¥95 per-share dividend, including a ¥20 commemorative dividend marking the Company's 90th anniversary. - FY2020Year-end dividend: ¥95; commemorative dividend: ¥20Annual report
「Based on the policy described above, the year-end dividend for the fiscal year is ¥95 per share, including an ordinary dividend of ¥75 and a ¥20 commemorative dividend marking the Company's 90th anniversary.」
Maintains the basic policy of stable dividends and growth investment, setting the per-share dividend at ¥95, including a ¥20 commemorative dividend marking the Company's 90th anniversary. - FY2020-Q3RestatedAnnual report
「The Company's basic policy for profit allocation is to return profits to shareholders through stable dividends while also using funds for investments and other purposes that will support its growth strategy, thereby maximising corporate value and meeting shareholders' expectations.」
Restates a profit allocation policy that balances stable dividends with investments supporting the growth strategy. - FY2020-Q2RestatedAnnual report
「The Company's basic policy for profit allocation is to return profits to shareholders through stable dividends while also using funds for investments and other purposes that will support its growth strategy, thereby maximising corporate value and meeting shareholders' expectations.」
Restates a profit allocation policy that balances stable dividends with investments supporting the growth strategy. - FY2020-Q1RestatedAnnual report
「The Company's basic policy for profit allocation is to return profits to shareholders through stable dividends while also using funds for investments and other purposes that will support its growth strategy, thereby maximising corporate value and meeting shareholders' expectations.」
Restates a profit allocation policy that balances stable dividends with investments supporting the growth strategy. - FY2019Year-end dividend: ¥65Annual report
「The year-end dividend for the fiscal year is ¥65 per share.」
States a per-share dividend of ¥65 for the fiscal year while maintaining the policy of balancing stable dividends with growth investment. - FY2019-Q3RestatedAnnual report
「The Company's basic policy for profit allocation is to return profits to shareholders through stable dividends while also using funds for investments and other purposes that will support its growth strategy, thereby maximising corporate value and meeting shareholders' expectations.」
Restates a profit allocation policy that balances stable dividends with investments supporting the growth strategy. - FY2019-Q2RestatedAnnual report
「The Company's basic policy for profit allocation is to return profits to shareholders through stable dividends while also using funds for investments and other purposes that will support its growth strategy, thereby maximising corporate value and meeting shareholders' expectations.」
Restates a profit allocation policy that balances stable dividends with investments supporting the growth strategy. - FY2019-Q1RestatedAnnual report
「The Company's basic policy for profit allocation is to return profits to shareholders through stable dividends while also using funds for investments and other purposes that will support its growth strategy, thereby maximising corporate value and meeting shareholders' expectations.」
Restates a profit allocation policy that balances stable dividends with investments supporting the growth strategy. - FY2018RestatedAnnual report
「The Company's basic policy for profit allocation is to return profits to shareholders through stable dividends while also using funds for investments and other purposes that will support its growth strategy, thereby maximising corporate value and meeting shareholders' expectations.」
Reaffirms a policy of balancing stable dividends with investments supporting the growth strategy. - FY2018-Q3RestatedAnnual report
「The Company's basic policy for profit allocation is to return profits to shareholders through stable dividends while also using funds for investments and other purposes that will support its growth strategy, thereby maximising corporate value and meeting shareholders' expectations.」
Reaffirms a profit allocation policy that balances stable dividends with investments supporting the growth strategy. - FY2018-Q2RestatedAnnual report
「The Company's basic policy for profit allocation is to return profits to shareholders through stable dividends while also using funds for investments and other purposes that will support its growth strategy, thereby maximising corporate value and meeting shareholders' expectations.」
Reaffirms a profit allocation policy that balances stable dividends with investments supporting the growth strategy. - FY2018-Q1RestatedAnnual report
「The Company's basic policy for profit allocation is to return profits to shareholders through stable dividends while also using funds for investments and other purposes that will support its growth strategy, thereby maximising corporate value and meeting shareholders' expectations.」
Reaffirms a profit allocation policy that balances stable dividends with investments supporting the growth strategy. - FY2017RestatedAnnual report
「The Company's basic policy for profit allocation is to maintain continuous and stable dividends and provide an appropriate return to shareholders while carefully considering future business performance and the operating environment.」
Reaffirms a policy of balancing stable dividends with growth and efficiency investments funded by retained earnings. - FY2017-Q3RestatedAnnual report
「The Company's basic policy for profit allocation is to return profits to shareholders through stable dividends while also using funds for investments and other purposes that will support sustainable growth, thereby maximising corporate value and meeting shareholders' expectations.」
Reaffirms a profit allocation policy that balances stable dividends with investment for sustainable growth. - FY2017-Q2RestatedAnnual report
「The Company's basic policy for profit allocation is to return profits to shareholders through stable dividends while also using funds for investments and other purposes that will support sustainable growth, thereby maximising corporate value and meeting shareholders' expectations.」
Reaffirms a profit allocation policy that balances stable dividends with investment for sustainable growth. - FY2017-Q1RestatedAnnual report
「The Company's basic policy for profit allocation is to return profits to shareholders through stable dividends while also using funds for investments and other purposes that will support sustainable growth, thereby maximising corporate value and meeting shareholders' expectations.」
Reaffirms a profit allocation policy that balances stable dividends with growth investment. - FY2016First statedAnnual report
「The Company's basic policy for profit allocation is to maintain continuous and stable dividends and provide an appropriate return to shareholders while carefully considering future business performance and the operating environment. Retained earnings will be prioritised for investments to expand core businesses and generate new growth, as well as investments to improve the efficiency and reduce the labour intensity of operations, with the aim of maximising corporate value and meeting shareholders' expectations.」
States both the stable dividend policy and the use of retained earnings for growth and efficiency investments.