Komori
Aoyama Trading (8219) · TargetAdvanced

Shareholder returns targeting a consolidated total payout ratio of 130%

First written in FY2016. 12 of 25 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.

25entries
11years
4from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseAdvancedFY2017-Q1 – FY2019-Q2SoftenedFY2019 – FY2021RestatedFY2022 – FY2024-Q3AdvancedFY2025-H1 – FY2026-H12016: 320162017: 320172018: 320182019: 120192020: 020202021: 120212022: 220222023: 220232024: 320242025: 220252026: 52026
Same theme, other companies
Comprehensive shareholder returns through share buybacks and dividendsA theme 151 companies write about · 0 as a headwind · 154 as a tailwind

Aoyama Trading moved to the "Worse" side of this theme in 2019, 3 years before the typical company in this theme (2022).

43 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 151 companies compared. The sentences above are computed from all 151.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「Treasury shares acquired during the fiscal year 1,244,000 2,999,775」

    Based on the shareholder returns policy under the new medium-term management plan, the company repurchased 1,244,000 of its own shares for an acquisition cost of approximately ¥2,999 million.
  2. FY2026-H1AdvancedAnnual report

    「The company will implement the measure under the shareholder returns policy set out in the medium-term management plan for the fiscal years ending March 2025 through March 2027, to expand shareholder returns and improve capital efficiency. Maximum shares to be acquired: 1.4 million; maximum total acquisition cost: ¥3 billion; acquisition period: 12 November 2025 to 24 March 2026.」

    Based on the shareholder returns policy under the new medium-term management plan, the company resolved to repurchase up to 1.4 million of its own shares for a total cost of up to ¥3 billion.
  3. FY2025RaisedAnnual report

    「During this medium-term management plan period, the company will implement the program up to a maximum of ¥10 billion.」

    The shareholder returns policy was specified as the higher of a consolidated dividend payout ratio of 70% or DOE of 3%, together with share buybacks of up to ¥10 billion during the medium-term plan period. The dividend target and buyback limit were increased from the previous plan's dividend payout ratio target of 40% and ¥3 billion buyback limit.
  4. FY2025-H1AdvancedAnnual report

    「The company will implement the measure under the shareholder returns policy set out in the medium-term management plan for the fiscal years ending March 2025 through March 2027, to expand shareholder returns and improve capital efficiency. Maximum shares to be acquired: 1.5 million; maximum total acquisition cost: ¥3 billion; acquisition period: 15 November 2024 to 24 March 2025.」

    Based on the shareholder returns policy under the new medium-term management plan, the company resolved to repurchase up to 1.5 million of its own shares for a total cost of up to ¥3 billion, to expand shareholder returns and improve capital efficiency.
  5. FY2024ReframedAnnual report

    「Regarding shareholder returns during the new medium-term management plan period from the fiscal year ending March 2025 through the fiscal year ending March 2027, the basic policy is to make active and stable returns of profits to shareholders while making growth investments to maintain and strengthen competitiveness and working to improve profitability and strengthen the financial position. Specifically, the company will pay progressive dividends based on earnings growth, with an annual dividend of ¥60 per share as the floor and a consolidated dividend payout ratio target of 40%.」

    The company changed from a policy targeting a consolidated total payout ratio of 30% for the fiscal years ending March 2022 through March 2024 to a progressive dividend policy for the fiscal years ending March 2025 through March 2027, with an annual dividend floor of ¥60 and a consolidated dividend payout ratio target of 40%.
  6. FY2024-Q3RestatedAnnual report

    「Regarding the interim dividend for the 60th fiscal period (1 April 2023 to 31 March 2024), the Board of Directors meeting held on 10 November 2023 resolved not to pay an interim dividend.」

    The company continues its policy of not paying an interim dividend for the fiscal year ending March 2024.
  7. FY2024-Q2RestatedAnnual report

    「Regarding the interim dividend for the 60th fiscal period (1 April 2023 to 31 March 2024), the Board of Directors meeting held on 10 November 2023 resolved not to pay an interim dividend.」

    Under the current shareholder returns policy, the company resolved not to pay an interim dividend for the fiscal year ending March 2024.
  8. FY2023RestatedAnnual report

    「Regarding shareholder returns during the medium-term management plan period from the fiscal year ending March 2022 through the fiscal year ending March 2024, the company is prioritizing retained earnings to improve equity weakened by the deterioration in business performance caused by COVID-19, targeting a total payout ratio of 30%.」

    From the fiscal year ending March 2022 through the fiscal year ending March 2024, the company continues to prioritize retained earnings to improve equity and target a total payout ratio of 30%.
  9. FY2023-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    No change was identified during the quarter in the current shareholder returns policy of prioritizing retained earnings and targeting a consolidated total payout ratio of 30%.
  10. FY2022RestatedAnnual report

    「Regarding shareholder returns during the medium-term management plan period from the fiscal year ending March 2022 through the fiscal year ending March 2024, the company is prioritizing retained earnings to improve equity weakened by the deterioration in business performance caused by COVID-19, targeting a total payout ratio of 30%.」

    From the fiscal year ending March 2022 through the fiscal year ending March 2024, the company continues to prioritize retained earnings to improve equity and target a total payout ratio of 30%.
  11. FY2021SoftenedAnnual report

    「As stated in the medium-term management plan “Aoyama Reborn 2023” announced on 9 March 2021, during this period, from the fiscal year ending March 2022 through the fiscal year ending March 2024, the company will prioritize retained earnings to improve equity weakened by the deterioration in business performance caused by COVID-19, and will target a total payout ratio of 30%.」

    The target total payout ratio was lowered from 100% to 30%, and the company changed its policy to prioritize retained earnings to improve equity from the fiscal year ending March 2022 through the fiscal year ending March 2024.
  12. FY2019SoftenedAnnual report

    「During the medium-term management plan period, from the fiscal year ending March 2019 through the fiscal year ending March 2021, the company paid dividends and repurchased shares, targeting a consolidated total payout ratio of 100%.」

    The policy was changed from a consolidated total payout ratio target of 130% during the previous plan period to a target of 100% during the new plan period.
  13. FY2019-Q2AdvancedAnnual report

    「Pursuant to a resolution of the Board of Directors meeting held on 5 June 2018, the company repurchased its own shares in accordance with Article 156 of the Companies Act, as applied by replacing certain terms pursuant to Article 165, paragraph 3 of the Act. Treasury stock increased by ¥1,958 million during the cumulative second-quarter consolidated period.」

    In line with the policy targeting a consolidated total payout ratio of 130%, the company repurchased ¥1,958 million of its own shares on a cumulative basis during the quarter.
  14. FY2019-Q1AdvancedAnnual report

    「Pursuant to a resolution of the Board of Directors meeting held on 5 June 2018, the company repurchased its own shares in accordance with Article 156 of the Companies Act, as applied by replacing certain terms pursuant to Article 165, paragraph 3 of the Act. Treasury stock increased by ¥1,958 million during the cumulative first-quarter consolidated period.」

    In line with the policy targeting a consolidated total payout ratio of 130%, the company implemented the share buyback resolved on 5 June 2018, increasing treasury stock by ¥1,958 million during the quarter.
  15. FY2018-Q3AdvancedAnnual report

    「Pursuant to resolutions of the Board of Directors meetings held on 12 May, 10 August and 10 November 2017, the company repurchased its own shares in accordance with Article 156 of the Companies Act, as applied by replacing certain terms pursuant to Article 165, paragraph 3 of the Act. Treasury stock increased by ¥5,999 million during the cumulative third-quarter consolidated period.」

    The company repurchased ¥5,999 million of its own shares in line with its shareholder returns policy and continues to buy back shares.
  16. FY2018-Q2AdvancedAnnual report

    「This is being implemented as part of further enhancing shareholder returns, in accordance with the shareholder return policy set out in the Medium-Term Management Plan "CHALLENGE 2017" and the "Notice Regarding the Shareholder Return Policy," announced on 28 January 2015.」

    Under its shareholder returns policy, the company resolved to repurchase up to 530,000 shares, with a total acquisition cost of up to ¥2 billion, from 14 November through 22 December 2017.
  17. FY2017AdvancedAnnual report

    「At a Board of Directors meeting held on 12 May 2017, the company resolved to repurchase its own shares in accordance with Article 156 of the Companies Act, as applied by replacing certain terms pursuant to Article 165, paragraph 3 of the Act.」

    During the fiscal year, the company repurchased approximately ¥6,509 million of its own shares in total and subsequently resolved to acquire shares from May through June 2017 for a total acquisition cost of up to ¥2 billion. The company continues to implement its policy targeting a consolidated total payout ratio of 130%.
  18. FY2017-Q3AdvancedAnnual report

    「This is being implemented as part of further enhancing shareholder returns, in accordance with the shareholder return policy set out in the Medium-Term Management Plan "CHALLENGE 2017" and the "Notice Regarding the Shareholder Return Policy," announced on 28 January 2015.」

    Under its shareholder returns policy, the company resolved to repurchase up to 450,000 shares, with a total acquisition cost of up to ¥1.5 billion, from 14 February through 24 March 2017.
  19. FY2017-Q2AdvancedAnnual report

    「Pursuant to resolutions of the Board of Directors meetings held on 13 May and 22 August 2016, the company repurchased its own shares in accordance with Article 156 of the Companies Act, as applied by replacing certain terms pursuant to Article 165, paragraph 3 of the Act. Treasury stock increased by ¥4,999 million during the cumulative second-quarter consolidated period.」

    As a specific measure under the policy targeting a consolidated total payout ratio of 130%, the company repurchased ¥4,999 million of its own shares during the cumulative second-quarter period.
  20. FY2017-Q1AdvancedAnnual report

    「Pursuant to a resolution of the Board of Directors meeting held on 13 May 2016, the company repurchased its own shares in accordance with Article 156 of the Companies Act, as applied by replacing certain terms pursuant to Article 165, paragraph 3 of the Act. Treasury stock increased by ¥2,999 million during the cumulative first-quarter consolidated period.」

    As a specific measure under the policy targeting a consolidated total payout ratio of 130%, the company repurchased ¥2,999 million of its own shares in the first quarter.
  21. FY2016First statedAnnual report

    「To provide greater returns to shareholders, the company has been paying dividends and buying back shares during the medium-term management plan period, from the fiscal year ending March 2016 through the fiscal year ending March 2018, targeting a consolidated total payout ratio of 130%, as stated in the medium-term management plan “CHALLENGE 2017” announced on 28 January 2015.」

    From the fiscal year ending March 2016 through the fiscal year ending March 2018, the company targeted a consolidated total payout ratio of 130%, including dividends and share buybacks.
Moved together

"Expansion into Food Service, Overseas Operations and New Businesses" moved the same way as this thread, in the same document, in 12 of its 25 moves.

121010865★123456
  1. ★This thread
  2. 1Expansion into Food Service, Overseas Operations and New Businesses12×
  3. 2Expanding Market Share Through New Store Openings and Relocations10×
  4. 3Full Subsidiarization of Minute Asia Pacific and Service Expansion10×
  5. 4Policy of a 70% Consolidated Payout Ratio and ¥100 Ordinary Dividend8×
  6. 5Expansion of Women's Specialty Stores and Custom-Order Stores6×
  7. 6Strengthening the Core Business’s Earning Power and Competitiveness5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Aoyama Trading yet. It last moved in the General Meetings of Shareholders of 2026-06-03: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Shareholder returns targeting a consolidated total payout ratio of 130% | AOYAMA TRADING Co.,Ltd. (8219) | Komori