Shareholder Returns and Capital Policy through Share Repurchases
First written in FY2017-Q1. 16 of 40 entries say "Raised", first in FY2018. Latest entry: 2026-10-30.
38 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「The Company increased the final dividend by ¥2 per share to ¥62. Together with the interim dividend of ¥60 per share, the current fiscal year's dividend will be ¥122 per share. Under its dividend policy targeting DOE of 4.0% or more, the Company will continue to consider increasing dividends in line with performance while balancing growth investment and shareholder returns.」
The annual dividend was increased from ¥120 in the previous fiscal year to ¥122, with the final dividend set at ¥62. The Company reconfirms its policy targeting DOE of 4.0% or more and its consideration of dividend increases in line with performance. - FY2026-H1RaisedAnnual report
「At a meeting of the Board of Directors held on 31 October 2025, the Company resolved the following matters concerning the interim dividend for the current fiscal year: (a) Total dividend: ¥913 million (b) Dividend per share: ¥60 (c) Effective date of the payment claim and payment commencement date: 1 December 2025」
The Company resolved to pay an interim dividend of ¥60 per share, an increase from the previous fiscal year's interim dividend of ¥50 per share. Together with the final dividend of ¥70 per share, the annual dividend will be ¥130. - FY2025RaisedAnnual report
「For the current fiscal year's dividends, pursuant to a resolution of the Board of Directors held on 9 May 2025, the Company set the final dividend at ¥70 per share, resulting in an annual dividend of ¥120 together with the interim dividend of ¥50 per share. (Breakdown of final dividend: ordinary dividend ¥60, 75th anniversary commemorative dividend ¥10)」
The annual dividend was increased from ¥95 in the previous fiscal year to ¥120. The Company also reconfirms its aim of paying continuous and stable dividends under the new policy targeting DOE of 4.0% or more. - FY2025-H1ReframedAnnual report
「At a meeting of the Board of Directors held on 30 October 2024, the Company resolved to change its shareholder return policy and changed the shareholder return metric from the consolidated dividend payout ratio to DOE (dividend on equity). (Before the change) ・The Company will operate with a target consolidated dividend payout ratio of 25–35% as an indicator for performance-linked profit distribution. (After the change) ・Regarding annual dividends, the Company will aim to pay dividends continuously and stably, targeting DOE (consolidated dividend on equity) of 4.0% or more. The revised shareholder return policy will apply from the fiscal year ending March 2025.」
The Company changed its shareholder return standard from a consolidated dividend payout ratio of 25–35% to DOE of 4.0% or more, with the new policy applying from the fiscal year ending March 2025. It explains that the policy clarifies its commitment to continuous and stable dividends and dividend increases in line with corporate growth. - FY2024RaisedAnnual report
「The Company will maintain a target consolidated dividend payout ratio of 25–35% as an indicator for performance-linked profit distribution. It will also acquire treasury shares depending on timing and financial position to enhance shareholder returns and capital efficiency. For the current fiscal year's dividends, the Company set the final dividend at ¥50 per share, resulting in an annual dividend of ¥95 together with the interim dividend of ¥45 per share.」
The Company set a target consolidated dividend payout ratio of 25–35% and increased the annual dividend to ¥95. In addition, under the treasury share acquisition resolved in May 2023, it acquired 445,100 shares for approximately ¥1 billion during the fiscal year. - FY2024-Q2AdvancedAnnual report
「Funds generated from financing activities amounted to ¥527 million. This mainly reflected an increase from proceeds from long-term borrowings (¥3 billion), partly offset by expenditure on the acquisition of treasury shares (¥1 billion), dividend payments (¥1.083 billion) and other items. Board of Directors meeting held on 30 October 2023 Common shares ¥680 million Dividend per share: ¥45」
The Company acquired treasury shares for ¥1 billion and resolved to pay an interim dividend of ¥45 per share, totaling ¥680 million. This concretely updates the implementation of the shareholder return policy presented in the previous quarter. - FY2024-Q1RaisedAnnual report
「② Enhancement of shareholder returns ・Target a consolidated dividend payout ratio of 25–35% as an indicator for performance-linked profit distribution ・Acquire treasury shares flexibly depending on timing and financial position (Started acquiring treasury shares in May 2023, up to a maximum of ¥1 billion and 700,000 shares) Board of Directors meeting held on 8 May 2023 Common shares ¥1,083 million Dividend per share: ¥70」
Regarding shareholder returns, the Company states a target consolidated dividend payout ratio of 25–35%, the launch of a treasury share acquisition program capped at ¥1 billion and 700,000 shares, and dividend payments of ¥70 per share, representing an increase from the previous level of returns and measures. - FY2023-Q2RaisedAnnual report
「At a meeting of the Board of Directors held on 28 October 2022, the Company resolved the following matters concerning the interim dividend for the current fiscal year: (a) Total dividend: ¥309 million (b) Dividend per share: ¥20 (c) Effective date of the payment claim and payment commencement date: 1 December 2022」
The Company resolved to pay an interim dividend of ¥20 per share, totaling ¥309 million. This was increased from the previous fiscal year's interim dividend of ¥17 per share, raising the level of shareholder returns. - FY2023-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 9 May 2022, the Company resolved to pay dividends from retained earnings as follows: (a) Total dividend: ¥308 million (b) Dividend per share: ¥20 (c) Effective date of the payment claim and payment commencement date: 9 June 2022」
The filing states payment of a final dividend of ¥20 per share, totaling ¥308 million, and reconfirms payment of the final dividend as part of the annual dividend of ¥37 determined in the previous fiscal year. - FY2022RaisedAnnual report
「For the current fiscal year's dividends, the Company set the final dividend at ¥20 per share in appreciation of shareholders' continued support, resulting in an annual dividend of ¥37 together with the interim dividend of ¥17 per share.」
The annual dividend was increased from ¥34 in the previous fiscal year to ¥37, with the final dividend set at ¥20. In addition, the Company acquired 363,000 treasury shares during the fiscal year, and the filing states that expenditure on the acquisition of treasury shares was ¥600 million. - FY2022-Q3AdvancedAnnual report
「Based on a resolution of the Board of Directors held on 25 June 2021, the Company disposed of 30,000 treasury shares as restricted stock compensation. Based on a resolution of the Board of Directors held on 29 October 2021, it also acquired 363,000 treasury shares. As a result, treasury shares increased by ¥566 million during the cumulative third-quarter consolidated period, and treasury shares amounted to ¥867 million at the end of the third-quarter consolidated accounting period.」
Regarding the treasury share acquisition resolved in the second quarter, the Company acquired 363,000 shares. Shareholder returns and capital policy through the acquisition of treasury shares have progressed to the execution stage. - FY2022-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 29 October 2021, the Company resolved matters concerning the acquisition of treasury shares pursuant to the provisions of Article 459, paragraph 1 of the Companies Act and the Company's Articles of Incorporation. 1. Purpose of acquiring treasury shares The Company will acquire treasury shares to enhance shareholder returns and capital efficiency and to pursue flexible capital policies in response to the business environment. 2. Details of the acquisition (1) Class of shares to be acquired: The Company's common shares (2) Total number of shares to be acquired: 425,000 shares (maximum) (Percentage of total issued shares excluding treasury shares: 2.69%) (3) Total acquisition cost: ¥600,000,000 (maximum) (4) Acquisition period: From 1 November 2021 to 31 March 2022」
The Company newly resolved to acquire up to 425,000 treasury shares for a total of ¥600 million to enhance shareholder returns, capital efficiency and flexible capital policies, and specified the acquisition period. - FY2021-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 30 October 2020, the Company resolved the following matters concerning the interim dividend for the current fiscal year: (a) Total dividend: ¥268 million (b) Dividend per share: ¥17 (c) Effective date of the payment claim and payment commencement date: 1 December 2020」
The Company paid an interim dividend of ¥17 per share, totaling ¥268 million, and maintained the annual dividend at ¥34, the level increased from the previous fiscal year. - FY2021-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 30 October 2020, the Company resolved the following matters concerning the interim dividend for the current fiscal year: (a) Total dividend: ¥268 million (b) Dividend per share: ¥17 (c) Effective date of the payment claim and payment commencement date: 1 December 2020」
The interim dividend is ¥17 per share, totaling ¥268 million, reconfirming shareholder returns at the same level as the previous fiscal year. - FY2021-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 8 May 2020, the Company resolved to pay dividends from retained earnings as follows: (a) Total dividend: ¥268 million (b) Dividend per share: ¥17 (c) Effective date of the payment claim and payment commencement date: 10 June 2020」
The Company paid an interim dividend of ¥17 per share and maintained the annual dividend at ¥34, the level increased from the previous fiscal year. - FY2020AdvancedAnnual report
「Treasury shares acquired during the fiscal year 266,100 299,955,100」
Regarding the treasury share acquisition based on the Board of Directors' resolution, the Company acquired 266,100 shares for ¥299,955,100 during the fiscal year. The annual dividend is ¥34, comprising an interim dividend of ¥17 and a final dividend of ¥17. - FY2020-Q3AdvancedAnnual report
「Based on a resolution of the Board of Directors held on 30 October 2019, the Company acquired 213,500 treasury shares. As a result, treasury shares increased by ¥241 million during the cumulative third-quarter consolidated period, and treasury shares amounted to ¥242 million at the end of the third-quarter consolidated accounting period.」
Regarding the treasury share acquisition resolved in the previous quarter, the Company acquired 213,500 shares for ¥241 million. Shareholder returns and capital policy through the acquisition of treasury shares are progressing in concrete terms. - FY2020-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 30 October 2019, the Company resolved matters concerning the acquisition of treasury shares pursuant to the provisions of Article 459, paragraph 1 of the Companies Act and the Company's Articles of Incorporation. 1. Purpose of acquiring treasury shares The Company will acquire treasury shares to enhance shareholder returns and capital efficiency and to pursue flexible capital policies in response to the business environment. 2. Details of the acquisition (1) Class of shares to be acquired: The Company's common shares (2) Total number of shares to be acquired: 300,000 shares (maximum) (Percentage of total issued shares excluding treasury shares: 1.87%) (3) Total acquisition cost: ¥300,000,000 (maximum) (4) Acquisition period: From 31 October 2019 to 31 March 2020」
The Company resolved to acquire up to 300,000 treasury shares for a total of ¥300 million to enhance shareholder returns, capital efficiency and flexible capital policies, and specified the acquisition period. The interim dividend is ¥17 per share, unchanged from the previous fiscal year. - FY2020-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 10 May 2019, the Company resolved to pay dividends from retained earnings as follows: (a) Total dividend: ¥272 million (b) Dividend per share: ¥17 (c) Effective date of the payment claim and payment commencement date: 10 June 2019」
The Company reconfirms payment of the interim dividend increased in the previous fiscal year, totaling ¥272 million, or ¥17 per share. - FY2019RaisedAnnual report
「For the current fiscal year's dividends, the Company set the final dividend at ¥17 per share in appreciation of shareholders' continued support, resulting in an annual dividend of ¥34 together with the interim dividend of ¥17 per share.」
The annual dividend was increased to ¥34, comprising an interim dividend of ¥17 and a final dividend of ¥17, from the previous fiscal year's ¥30 and the ¥33 expected for the current fiscal year based on an interim dividend of ¥17 and a final dividend of ¥16. - FY2019-Q3RestatedAnnual report
「Regarding the interim dividend for the 71st fiscal year (from 1 April 2018 to 31 March 2019), the Company resolved at a meeting of the Board of Directors held on 30 October 2018 to pay an interim dividend as follows to shareholders listed or recorded in the shareholder register as of 30 September 2018, and has paid the dividend. (a) Total interim dividend: ¥272 million (b) Dividend per share: ¥17.00 (c) Effective date of the payment claim and payment commencement date: 10 December 2018」
The Company reconfirms payment of an interim dividend of ¥17 per share, totaling ¥272 million. This is the increased level following the previous fiscal year's interim dividend of ¥14 per share. - FY2019-Q2RaisedAnnual report
「At a meeting of the Board of Directors held on 30 October 2018, the Company resolved the following matters concerning the interim dividend for the current fiscal year: (a) Total dividends: ¥272 million (b) Dividend per share: ¥17 (c) Effective date of the payment claim and payment commencement date: 10 December 2018」
The Company resolved to pay an interim dividend of ¥17 per share, totaling ¥272 million, an increase from the previous fiscal year's interim dividend of ¥14 per share. The annual dividend will be ¥33, comprising an interim dividend of ¥17 and a final dividend of ¥16. - FY2019-Q1RestatedAnnual report
「27 June 2018 Annual General Meeting of Shareholders Common shares 221 16 31 March 2018 28 June 2018 Retained earnings」
The filing states a final dividend of ¥221 million in total, or ¥16 per share, with 28 June 2018 as the effective date. It reconfirms payment of the final dividend as part of the annual dividend of ¥30, which was increased in the previous fiscal year. - FY2018RaisedAnnual report
「The Company recognizes the return of profits to shareholders as one of its important management priorities and, after comprehensively considering the progress of its business performance and the management environment, has adopted a basic policy of providing stable and continuous returns of profits. For the dividend for the fiscal year under review, the Company set the year-end dividend at ¥16 per share, bringing the annual dividend to ¥30, including the interim dividend of ¥14 per share, in order to reward shareholders for their continued support.」
The annual dividend was increased to ¥30, comprising an interim dividend of ¥14 and a year-end dividend of ¥16, from ¥28 in the previous fiscal year. In addition to the policy of stable and continuous returns of profits, the disclosure also states that the Articles of Incorporation were amended to enable the payment of dividends of surplus and other distributions by resolution of the Board of Directors. - FY2018-Q3RestatedAnnual report
「Regarding the interim dividend for the 70th fiscal year (from 1 April 2017 to 31 March 2018), the Board of Directors resolved at a meeting held on 30 October 2017 to pay the dividend as follows to shareholders listed or recorded in the shareholder register as of 30 September 2017, and the dividend was paid. (a) Total interim dividend: ¥194 million (b) Amount per share: ¥14.00 (c) Effective date of the claim for payment and payment commencement date: 8 December 2017」
The interim dividend is disclosed as totaling ¥194 million, or ¥14 per share, with payment commencing on 8 December 2017, reaffirming shareholder returns at the same level as the previous dividend. - FY2018-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 30 October 2017, the Company resolved the interim dividend for the fiscal year under review as follows. (a) Total dividend: ¥194 million (b) Amount per share: ¥14.00 (c) Effective date of the claim for payment and payment commencement date: 8 December 2017」
The resolution for the interim dividend for the fiscal year under review is disclosed as totaling ¥194 million, or ¥14 per share, with payment commencing on 8 December 2017. The dividend was at the same level as the previous dividend, reaffirming continued shareholder returns. - FY2018-Q1RestatedAnnual report
「Annual General Meeting of Shareholders for the fiscal year ended 31 March 2017, held on 28 June 2017; common shares; total dividends: ¥194 million; dividend per share: ¥14; record date: 31 March 2017; effective date: 29 June 2017; source of dividend: retained earnings」
The payment of dividends totaling ¥194 million, or ¥14 per share, is reaffirmed. No new decision to acquire treasury shares is disclosed. - FY2017RestatedAnnual report
「Cash used in financing activities was ¥818 million, up 25.1% year on year. This was mainly due to expenditures for the acquisition of treasury shares (¥372 million), dividend payments (¥395 million) and other items.」
The implementation of shareholder returns, including the acquisition of treasury shares for ¥372 million and dividend payments of ¥395 million, is reaffirmed. The dividend policy is based on an annual dividend of ¥28 and stable, continuous returns of profits to shareholders. - FY2017-Q3RestatedAnnual report
「Regarding the interim dividend for the 69th fiscal year (from 1 April 2016 to 31 March 2017), the Board of Directors resolved at a meeting held on 28 October 2016 to pay the dividend as follows to shareholders listed or recorded in the shareholder register as of 30 September 2016, and the dividend was paid. (a) Total interim dividend: ¥194 million (b) Amount per share: ¥14.00 (c) Effective date of the claim for payment and payment commencement date: 9 December 2016」
The payment of an interim dividend totaling ¥194 million, or ¥14 per share, is reaffirmed. The disclosure indicates continued shareholder returns rather than a new decision to acquire treasury shares. - FY2017-Q2RestatedAnnual report
「This was mainly due to expenditures for the acquisition of treasury shares (¥372 million), dividend payments (¥200 million) and other items.」
The acquisition of treasury shares and dividend payments are reiterated as financing activities. Separately, a ¥14 interim dividend totaling ¥194 million, with 30 September 2016 as the record date, was also approved. - FY2017-Q1First statedAnnual report
「At a meeting of the Board of Directors held on 6 June 2016, the Company resolved to acquire treasury shares and determined the specific method of acquisition pursuant to Article 156 of the Companies Act, as applied mutatis mutandis under Article 165, Paragraph 3 of that Act, and carried out the acquisition as follows.」
The Company acquired 498,000 shares for a total of ¥372,504,000 through a purchase on the Tokyo Stock Exchange using ToSTNeT-3. The disclosure also states that a dividend of ¥14 per share, totaling ¥200 million, was paid.