Stable Dividends and Growth Investment Funded by Retained Earnings
First written in FY2016. 14 of 32 entries say "Restated". Latest entry: 2026-07-31.
- 2026-07-31RestatedFinancial results presentation
「Enhancing shareholder returns further by raising the dividend payout ratio from this fiscal year」
The Company reconfirmed its policy of raising the target dividend payout ratio to 60% and the DOE floor to 6.0%, together with a planned annual dividend of ¥190 for the fiscal year ending March 2027. - FY2026RaisedAnnual report
「Dividends will target a consolidated payout ratio of 60% (40% before the change and 60% after the change), with a minimum DOE (dividend on equity attributable to owners of the parent) of 6.0% (3.5% before the change and 6.0% after the change).」
From the fiscal year ending March 2027, the dividend policy will raise the target consolidated payout ratio from 40% to 60% and the minimum DOE from 3.5% to 6.0%. - FY2026-H1Update to Interim Dividend AmountAnnual report
「12 May 2025 Board of Directors Common shares (Note) 1,013 54.0 31 March 2025 5 June 2025 Retained earnings」
Under the policy of targeting a consolidated payout ratio of 40% and a minimum DOE of 3.5%, a year-end dividend of ¥54 per share was paid for the fiscal year ended March 2025. In addition, an interim dividend of ¥50 per share with a record date of 30 September 2025 was approved. - FY2025Annual dividend of ¥99Annual report
「Dividends will target a consolidated payout ratio of 40%, with a minimum DOE (dividend on equity attributable to owners of the parent) of 3.5%.」
The company maintained its policy of targeting a consolidated payout ratio of 40% and a minimum DOE of 3.5%. Dividends for the period were ¥45 interim, ¥54 year-end, and ¥99 for the full year, up from ¥90 for the previous year. - FY2025-H1Increase in interim dividendAnnual report
「13 May 2024 Board of Directors Common shares 976 52.0 31 March 2024 4 June 2024 Retained earnings」
Under the policy of targeting a consolidated payout ratio of 40% and a minimum DOE of 3.5%, a year-end dividend of ¥52 per share was paid for the fiscal year ended March 2024. It increased from ¥36 in the same period of the previous year. - FY2024RaisedAnnual report
「Dividends will target a consolidated payout ratio of 40%, with a minimum DOE (dividend on equity attributable to owners of the parent) of 3.5%.」
From the fiscal year ending March 2024, the dividend policy was raised from the previous policy targeting a consolidated payout ratio of 30% to one targeting 40%, with a minimum DOE of 3.5%. The annual dividend for the period was ¥90 per share. - FY2024-Q3RestatedAnnual report
「31 October 2023 Board of Directors Common shares (Note) 708 38.0 30 September 2023 30 November 2023 Retained earnings」
An interim dividend of ¥38 per share with a record date of 30 September 2023 was paid, and the company continues to implement its dividend policy. - FY2024-Q2Increase in interim dividendAnnual report
「31 October 2023 Board of Directors Common shares (Note) 708 38.0 30 September 2023 30 November 2023 Retained earnings」
An interim dividend of ¥38 per share with a record date of 30 September 2023 was approved, up from ¥25 in the same period of the previous year. - FY2024-Q1Increase in the year-end dividendAnnual report
「28 April 2023 Board of Directors Common shares (Note) 671 36.0 31 March 2023 6 June 2023 Retained earnings」
The year-end dividend with a record date of 31 March 2023 was ¥36 per share, up from ¥25 in the previous fiscal year. - FY2023-Q2Increase in interim dividendAnnual report
「28 October 2022 Board of Directors Common shares (Note) 466 25.0 30 September 2022 30 November 2022 Retained earnings」
An interim dividend of ¥25 per share with a record date of 30 September 2022 was approved. It increased from ¥23 in the same period of the previous year. - FY2023-Q1Decline in year-end dividendAnnual report
「13 May 2022 Board of Directors Common shares (Note) 466 25.0 31 March 2022 7 June 2022 Retained earnings」
The dividend per share with a record date of 31 March 2022 was ¥25, down from ¥31 in the same period of the previous year. - FY2022Increase in annual dividendAnnual report
「Dividends of surplus for the fiscal year were as follows: 29 October 2021 Board of Directors resolution, dividend per share ¥23.0; 13 May 2022 Board of Directors resolution, dividend per share ¥25.0.」
While maintaining the policy of paying dividends twice a year, targeting a consolidated payout ratio of 30%, the annual dividend amounted to ¥48. - FY2022-Q3RestatedAnnual report
「29 October 2021 Board of Directors Common shares (Note) 428 23.0 30 September 2021 30 November 2021 Retained earnings」
An interim dividend of ¥23 per share was paid, and an ongoing dividend policy targeting a consolidated payout ratio of 30% is being implemented. - FY2022-Q2Increase in interim dividendAnnual report
「29 October 2021 Board of Directors Common shares (Note) 428 23.0 30 September 2021 30 November 2021 Retained earnings」
An interim dividend of ¥23 per share with a record date of 30 September 2021 was approved. The dividend increased from ¥15 in the same period of the previous year, but the basic policy targeting a consolidated payout ratio of 30% remains unchanged. - FY2021RestatedAnnual report
「Our basic policy is to continuously distribute profits based on consolidated results through interim and year-end dividends paid twice a year, targeting a consolidated payout ratio of 30%, while enhancing and effectively using retained earnings to increase corporate and shareholder value.」
The company continues to pay dividends twice a year, targeting a consolidated payout ratio of 30%, and to use retained earnings to strengthen technological capabilities, conduct research and development, invest in growth areas, and develop human resources. Dividends for the period were ¥15 interim and ¥31 year-end. - FY2021-Q3RestatedAnnual report
「30 October 2020 Board of Directors Common shares 275 15.0 30 September 2020 30 November 2020 Retained earnings」
A dividend of ¥15 per share with a record date of 30 September 2020 was paid, including a ¥5 commemorative dividend for the company's listing on the First Section of the Tokyo Stock Exchange. An ongoing dividend policy targeting a consolidated payout ratio of 30% is being implemented. - FY2021-Q2RestatedAnnual report
「30 October 2020 Board of Directors Common shares 275 15.0 30 September 2020 30 November 2020 Retained earnings」
A dividend of ¥15 per share with a record date of 30 September 2020 was approved, and an ongoing dividend policy targeting a consolidated payout ratio of 30% is being implemented. - FY2021-Q1Increase in dividend per shareAnnual report
「Dividend per share (yen) 45.0」
A dividend of ¥45 per share with a record date of 31 March 2020 was paid, an increase from the ¥39 per share disclosed for the previous fiscal year. - FY2020-Q3RestatedAnnual report
「Board of Directors, 31 October 2019 Common shares (Note) 181 10.0 30 September 2019 29 November 2019 Retained earnings」
A dividend of ¥10 per share with a record date of 30 September 2019 was paid, continuing the payment of dividends. - FY2020-Q2RestatedAnnual report
「Board of Directors, 10 May 2019 Common shares (Note) 527 29.0 31 March 2019 6 June 2019 Retained earnings」
A dividend of ¥29 per share was paid, and a dividend of ¥10 per share with a record date at the end of the quarter under review was also approved, continuing the payment of dividends. - FY2019RestatedAnnual report
「The Company recognizes the return of profits to shareholders as one of its key policies. Its basic policy is to continuously distribute profits in line with consolidated operating performance through interim and year-end dividends paid twice a year, using a consolidated dividend payout ratio of 30% as a guideline, while enhancing corporate and shareholder value by increasing and effectively utilizing retained earnings.」
Continues the policy of paying dividends twice a year, using a consolidated dividend payout ratio of 30% as a guideline, and applying retained earnings to growth investment. The dividend for the fiscal year was ¥39 per share. - FY2019-Q2RestatedAnnual report
「Board of Directors, 27 April 2018 Common shares (Note) 345 19.0 31 March 2018 7 June 2018 Retained earnings」
A dividend of ¥19 per share was paid during the cumulative second quarter under review, and a dividend of ¥10 per share with a record date at the end of the quarter under review was approved, continuing the payment of dividends. - FY2018RaisedAnnual report
「Our basic policy is to continuously distribute profits in line with consolidated operating performance through interim and year-end dividends paid twice a year, using a consolidated dividend payout ratio of 30% as a guideline, while enhancing corporate and shareholder value by increasing and effectively utilizing retained earnings.」
In addition to the previous stable dividend policy, an explicit guideline of a 30% consolidated dividend payout ratio was established. Dividends for the fiscal year were ¥10 per share for the interim dividend and ¥19 per share for the year-end dividend, for a total of ¥29 per share. - FY2018-Q3RestatedAnnual report
「Dividend per share (yen) 10」
Dividends of ¥10.5 and ¥10 per share were paid during the cumulative third quarter under review, continuing the policy of stable dividends. - FY2018-Q2RestatedAnnual report
「Dividend per share (yen) 10.5」
A dividend of ¥10.5 per share was paid during the cumulative second quarter under review, and a dividend of ¥10 per share with a record date at the end of the quarter under review was approved. - FY2017-Q3RestatedAnnual report
「Dividend per share (yen) 10」
A dividend of ¥10 per share was paid during the cumulative third quarter under review, and another dividend of ¥7.5 per share was paid during the same period. - FY2017-Q2RestatedAnnual report
「Dividend per share (yen) 10」
A dividend of ¥10 per share was paid during the cumulative period under review, and a dividend of ¥7.5 per share with a record date at the end of the quarter under review was approved. - FY2016First statedAnnual report
「Our basic policy is to continue paying stable dividends twice a year, consisting of an interim dividend and a year-end dividend, while returning profits to shareholders in line with operating performance and strengthening retained earnings from a long-term perspective.」
The basic policy is to balance shareholder returns with retained earnings and pay stable dividends twice a year. The dividend for the fiscal year was ¥15 per share.