Balancing Retained Earnings with Stable Returns to Shareholders
First written in FY2016. 8 of 15 entries say "Restated". Latest entry: 2026-08-25.
- FY2026RestatedAnnual report
「Specifically, the company will maintain a dividend payout ratio of at least 50.0% and provide progressive dividends with a floor of ¥100.00 per share.」
The company continues to pursue a dividend payout ratio of at least 50% and progressive dividends with a floor of ¥100 per share as its specific basic policy for returning profits to shareholders. - FY2025RaisedAnnual report
「For the next fiscal year, in addition to its existing profit distribution policy, the company forecasts a dividend of ¥100.0 per share, representing a consolidated dividend payout ratio of 51.1%, by adding progressive dividends with a floor of ¥100.0 per share.」
In addition to its existing policy of stable and continuous returns, the company newly added progressive dividends with a floor of ¥100 per share to its policy. - FY2023RaisedAnnual report
「Based on this policy, taking into account the 50% consolidated dividend payout ratio set out in the medium-term management plan, trends in consolidated performance and the company’s financial position, the company will pay a dividend of ¥73 per share for the current fiscal year, an increase of ¥8 per share from the previous fiscal year. For the next fiscal year, it plans to pay a dividend of ¥80 per share based on the 50% consolidated dividend payout ratio set out in the medium-term management plan.」
Based on a 50% consolidated dividend payout ratio, the company raised the current fiscal year dividend to ¥73 and the planned dividend for the next fiscal year to ¥80. - FY2022RaisedAnnual report
「Under this policy, taking into account the 50% consolidated dividend payout ratio set out in the medium-term management plan launched in April this year, trends in consolidated performance and the company’s financial position, the dividend for the current fiscal year will be ¥65 per share, including a ¥7 commemorative dividend for the 90th anniversary of the company’s founding.」
The company raised its target from the previous policy of a consolidated dividend payout ratio of at least 25% to 50% under the new medium-term management plan. Retained earnings will be allocated to strengthening the management base and investing in business expansion. - FY2020RestatedAnnual report
「The company regards returning profits to shareholders as an important management policy, and its basic policy is to provide stable and continuous returns while targeting a consolidated dividend payout ratio of at least 25%.」
The company continues its policy of stable and continuous returns and a consolidated dividend payout ratio of at least 25%. - FY2019RaisedAnnual report
「The company regards returning profits to shareholders as an important management policy, and its basic policy is to provide stable and continuous returns while targeting a dividend payout ratio of at least 25%.」
In addition to its existing policy of retained earnings and stable returns to shareholders, the company specified a target dividend payout ratio of at least 25%. - FY2018RestatedAnnual report
「Recognizing that returning profits to shareholders is an important management priority, our basic policy is to make stable profit distributions in line with performance while strengthening retained earnings for investments and other purposes necessary for future business expansion.」
The company continues to pursue a basic policy of balancing retained earnings with stable returns to shareholders. - FY2017RestatedAnnual report
「Recognizing that returning profits to shareholders is an important management priority, our basic policy is to make stable profit distributions in line with performance while strengthening retained earnings for investments and other purposes necessary for future business expansion.」
The company continues to pursue a basic policy of balancing retained earnings with stable returns to shareholders. - FY2016First statedAnnual report
「Recognizing that returning profits to shareholders is an important management priority, our basic policy is to make stable profit distributions in line with performance while strengthening retained earnings for investments and other purposes necessary for future business expansion.」
Basic policy of balancing retained earnings for business investment with stable dividends.