Balancing Stable Dividends with a Stronger Financial Position
First written in FY2017. 4 of 8 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「The basic policy for cash allocation is to secure retained earnings in order to continue investments aimed at growth, while seeking to increase the total payout ratio through dividend increases and share buybacks in line with business performance.」
The Company has reaffirmed its policy of securing retained earnings for growth investments while seeking to increase the total payout ratio through dividend increases and share buybacks. - FY2025-Q1ReframedAnnual report
「The basic policy for cash allocation is to secure retained earnings in order to continue investments aimed at growth, while seeking to increase the total payout ratio through dividend increases and share buybacks in line with business performance.」
The previous policy of maintaining stable dividends and strengthening the financial position has been given more concrete form as a policy of securing retained earnings for growth investments while seeking to increase the total payout ratio through dividend increases and share buybacks. - FY2023RestatedAnnual report
「With respect to dividends, the Company places importance on the dividend payout ratio and gives consideration to strengthening its financial position. Its policy is to maintain stable dividends over the long term while securing retained earnings necessary for future business development, thereby seeking to meet shareholder expectations.」
The Company has reaffirmed its policy of continuing stable dividends over the long term while considering the dividend payout ratio, retained earnings and financial position. - FY2019RestatedAnnual report
「With respect to dividends, the Company places importance on the dividend payout ratio and gives consideration to strengthening its financial position. Its policy is to maintain stable dividends over the long term while securing retained earnings necessary for future business development, thereby seeking to meet shareholder expectations.」
The Company has reiterated its policy of continuing stable dividends over the long term while considering the dividend payout ratio, financial position and retained earnings. - FY2018RestatedAnnual report
「With respect to dividends, the Company places importance on the dividend payout ratio and gives consideration to strengthening its financial position. Its policy is to maintain stable dividends over the long term while securing retained earnings necessary for future business development, thereby seeking to meet shareholder expectations.」
The Company has reiterated its policy of continuing stable dividends over the long term while considering the dividend payout ratio, financial position and retained earnings. - FY2017First statedAnnual report
「With respect to dividends, the Company places importance on the dividend payout ratio and gives consideration to strengthening its financial position. Its policy is to maintain stable dividends over the long term while securing retained earnings necessary for future business development, thereby seeking to meet shareholder expectations. The basic policy is to pay dividends twice a year, consisting of an interim dividend and a year-end dividend.」
The Company has explicitly stated its policy of continuing stable dividends over the long term while considering the dividend payout ratio, financial position and retained earnings, with dividends paid twice a year as the basic policy.