Stable Shareholder Returns Targeting a 30% Dividend Payout Ratio
First written in FY2016. 15 of 23 entries say "Advanced", first in FY2017. Latest entry: FY2027-H1.
- FY2027-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 14 April 2026, the company resolved to pay dividends from surplus as follows.」
On 7 May 2026, the company paid a dividend of ¥85 per share, totaling ¥2,710 million. - 2026-07-10RestatedFinancial results presentation
「Annual dividend per share 75 15 85 10 85 0 Payout ratio 25.5 26.4 29.1」
The forecast annual dividend per share for the fiscal year ending February 2027 is ¥85, unchanged from the previous fiscal year’s actual dividend. - FY2026AdvancedAnnual report
「For the fiscal year under review, we decided to pay an ordinary dividend of ¥85 per share in accordance with the policy described above.」
We maintained our policy of providing stable returns based on a target payout ratio of 30% and increased the dividend per share from ¥75 in the previous fiscal year to ¥85. - FY2026-H1RestatedAnnual report
「At a meeting of the Board of Directors held on 15 April 2025, a resolution was passed to pay a dividend from retained earnings as follows. Total dividends ¥2,390 million Amount per share ¥75 Effective date of dividend claim and dividend payment date 7 May 2025」
We paid a dividend of ¥75 per share beginning 7 May 2025, implementing the dividend decided in the previous fiscal year. This included the ¥5 commemorative dividend marking the 20th anniversary of our listing. - FY2025AdvancedAnnual report
「For the fiscal year under review, we decided to pay a dividend of ¥75 per share, comprising an ordinary dividend of ¥70 per share and a ¥5 commemorative dividend marking the 20th anniversary of our listing.」
While maintaining our policy of targeting a 30% payout ratio, we added a ¥5 commemorative dividend marking the 20th anniversary of our listing to the ¥70 ordinary dividend, increasing the dividend per share from the previous ¥60 to ¥75. - FY2025-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 16 April 2024, a resolution was passed to pay a dividend from retained earnings as follows. Total dividends ¥1,911 million Amount per share ¥60 Effective date of dividend claim and dividend payment date 7 May 2024」
Under our policy of providing stable returns based on a target payout ratio of 30%, we increased the dividend per share from the previous ¥57 to ¥60. - FY2024-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 18 April 2023, a resolution was passed to pay a dividend from retained earnings as follows. Total dividends ¥1,814 million Amount per share ¥57 Effective date of dividend claim and dividend payment date 8 May 2023」
In line with our policy of providing stable returns based on a target payout ratio of 30%, we paid a dividend of ¥57 per share beginning 8 May. - FY2023RestatedAnnual report
「For the fiscal year under review, we decided to pay an ordinary dividend of ¥57 per share in accordance with the policy described above.」
We maintained our policy of targeting a 30% payout ratio and emphasizing stable returns, and decided to pay a dividend of ¥57 per share. - FY2023-Q1AdvancedAnnual report
「14 April 2022 Board of Directors Common shares 1,814 57 28 February 2022 9 May 2022 Retained earnings」
Based on our policy of providing stable returns based on a target payout ratio of 30%, we paid a dividend of ¥57 per share on 9 May 2022. - FY2022AdvancedAnnual report
「For the fiscal year under review, we decided to pay an ordinary dividend of ¥57 per share in accordance with the policy described above.」
We maintained our policy of providing stable returns based on a target payout ratio of 30% and increased the dividend per share from ¥50 in the previous fiscal year to ¥57. - FY2022-Q2RestatedAnnual report
「15 April 2021 Board of Directors Common shares 1,815 50 28 February 2021 10 May 2021 Retained earnings」
Based on our policy of providing stable shareholder returns, we paid a dividend of ¥50 per share on 10 May 2021. - FY2021AdvancedAnnual report
「For the fiscal year under review, we decided to pay an ordinary dividend of ¥50 per share in accordance with the policy described above.」
We maintained our policy of providing stable returns based on a target payout ratio of 30% and increased the dividend per share from ¥47 in the previous fiscal year to ¥50. - FY2020-Q2RestatedAnnual report
「17 April 2019 Board of Directors Common shares 837 47 28 February 2019 9 May 2019 Retained earnings」
In line with our policy of providing stable returns based on a target payout ratio of 30%, we paid a dividend of ¥47 per share on 9 May 2019. - FY2019RestatedAnnual report
「Regarding profit allocation, although we set a target payout ratio of 30% that reflects business performance while taking into account our growth strategy, capital expenditure plans, and free cash flow, we also regard the provision of stable returns to shareholders as an important management priority.」
We continued our policy of targeting a 30% payout ratio and providing stable returns, and decided to pay an ordinary dividend of ¥47 per share for the fiscal year under review. - FY2019-Q1AdvancedAnnual report
「Total dividends ¥837 million Amount per share ¥47 Effective date of dividend claim and dividend payment date 9 May 2018」
We paid the ¥47 per share dividend decided in the previous fiscal year, with payments beginning on 9 May 2018. - FY2018AdvancedAnnual report
「For the fiscal year under review, we decided to pay a total dividend of ¥47 per share, comprising an ordinary dividend of ¥43 per share and a special dividend of ¥4 per share.」
While maintaining our policy of targeting a 30% payout ratio, we increased the dividend for the year from ¥38 to ¥47 per share, including a special dividend of ¥4. - FY2017AdvancedAnnual report
「Regarding profit allocation, although we set a target payout ratio of 30% that reflects business performance while taking into account our growth strategy, capital expenditure plans, and free cash flow, we also regard the provision of stable returns to shareholders as an important management priority. For the fiscal year under review, we decided to pay a dividend of ¥38 per share in accordance with this policy.」
We maintained our policy of targeting a 30% payout ratio and decided to pay a dividend of ¥38 per share for the fiscal year under review. - FY2016First statedAnnual report
「Although we set a target payout ratio of 30% that reflects business performance, we also regard the provision of stable returns to shareholders as an important management priority.」
Our policy is to provide stable returns based on a target payout ratio of 30%, while taking into account our growth strategy, capital expenditures, and free cash flow.