Performance-linked shareholder returns using a 40% return ratio as a guide
First written in FY2016. 24 of 35 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2026.
43 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The year-end dividend from retained earnings for the current fiscal year, set at ¥32 per share, including the interim dividend of ¥30, making total dividends for the fiscal year ¥62 per share, is to be submitted for approval at the Annual General Meeting of Shareholders scheduled for 23 June 2026. Total dividends for the fiscal year are consequently expected to be ¥23.4 billion. The shareholder return ratio, combining total dividends with ¥6 billion in share repurchases, is expected to be 50.1%.」
Following the change to progressive dividends and a target dividend payout ratio of 40%, the company disclosed an annual dividend of ¥62, ¥6 billion in share repurchases, and an expected shareholder return ratio of 50.1%. - FY2026-H1AdvancedAnnual report
「10 November 2025 Board of Directors Common shares 11,355 Retained earnings 30.0 30 September 2025 28 November 2025」
Under the new dividend payout ratio policy, an interim dividend of ¥30 per share was approved based on a record date at the end of September 2025. This represented an increase from ¥20 in the same period of the previous year. - FY2025ReframedAnnual report
「On 26 February 2025, we changed our shareholder return policy from a shareholder return ratio combining dividends and share repurchases, targeted at 40% of consolidated net income, to a dividend payout ratio targeted at 40% of consolidated net income, and introduced progressive dividends.」
The shareholder return policy was changed from a target of 40% based on combined dividends and share repurchases to a policy centered on a dividend payout ratio of approximately 40% of consolidated net income and progressive dividends. - FY2025-H1AdvancedAnnual report
「Increase from market purchases of treasury shares 7,691 thousand shares 11 November 2024 Board of Directors Common shares 7,697 Retained earnings 20.0 30 September 2024 29 November 2024 (Note) On 31 October 2024, 10,000,000 treasury shares were cancelled.」
During the interim period, 7,691 thousand treasury shares were purchased on the market, and 10 million shares were cancelled on 31 October 2024. In addition, an interim dividend of ¥20 per share was approved based on a record date at the end of September 2024, an increase from ¥10 in the same period of the previous year. - FY2024-Q3RestatedAnnual report
「At a Board of Directors meeting held on 8 November 2023, the following resolution was passed regarding the interim dividend for the 139th fiscal period. Interim dividend ¥3,967 million Interim dividend per share ¥10.00」
The company again disclosed that an interim dividend of ¥10 per share was paid based on a record date of the end of September 2023. - FY2024-Q2AdvancedAnnual report
「At a Board of Directors meeting held on 8 November 2023, the following resolution was passed regarding matters related to the acquisition of treasury shares pursuant to Article 156 of the Companies Act, as applied with the necessary changes under Article 165, paragraph 3. (2) Total number of shares to be acquired: 5,000,000 shares (upper limit) (3) Total acquisition cost: ¥3 billion (upper limit) 8 November 2023 Board of Directors Common shares 3,967 Retained earnings 10.0 30 September 2023 30 November 2023」
During the interim period, 9,925 thousand treasury shares were purchased on the market for ¥5 billion, and after the filing an additional acquisition of up to 5 million shares and ¥3 billion was approved. The interim dividend was also increased to ¥10 per share from ¥8 in the same period of the previous year. - FY2024-Q1RestatedAnnual report
「27 June 2023 Annual General Meeting of Shareholders Common shares 4,065 10.0 31 March 2023 28 June 2023 Retained earnings」
The company disclosed that a year-end dividend of ¥10 per share was paid for the fiscal year ended March 2023. Of this amount, ¥1 was a commemorative dividend marking the 90th anniversary of the company's founding. - FY2023AdvancedAnnual report
「The dividend per share for the fiscal year was set at ¥18 annually, comprising an interim dividend of ¥8 and a year-end dividend of ¥10, including a commemorative dividend of ¥1, for total dividends of ¥7.3 billion. The shareholder return ratio, combining total dividends with ¥6.9 billion in share repurchases, including the ¥5 billion acquisition limit approved at the Board of Directors meeting held on 10 May 2023, is expected to be approximately 50%.」
The annual dividend forecast was raised from ¥16 to ¥18, and the shareholder return ratio, including share repurchases, was expected to be approximately 50%, exceeding the 40% target. - FY2023-Q3AdvancedAnnual report
「At a Board of Directors meeting held on 9 November 2022, the following resolution was passed regarding the interim dividend for the 138th fiscal period. Interim dividend ¥3,287 million Interim dividend per share ¥8.00」
The interim dividend was ¥8 per share, a ¥1 increase from ¥7 in the same period of the previous year. - FY2023-Q2AdvancedAnnual report
「At a Board of Directors meeting held on 9 November 2022, the following resolution was passed regarding the acquisition of treasury shares. (1) Class of shares to be acquired: Common shares of the Bank (2) Total number of shares to be acquired: 6,000,000 shares (upper limit) (3) Total acquisition cost: ¥2,000 million (upper limit) (4) Acquisition period: 10 November 2022 to 31 January 2023」
Based on the shareholder return policy, the acquisition of up to 6 million treasury shares, with a total acquisition cost of ¥2 billion, was approved. The interim dividend was ¥8 per share, an increase from ¥7 in the same period of the previous year. - FY2022RaisedAnnual report
「With the aim of further expanding shareholder returns while considering the balance between maintaining and improving financial soundness and investing for growth, we changed our shareholder return policy as follows. The new policy applies from the fiscal year ending March 2023. For the fiscal year ending March 2023, an additional ¥2 was added to the stable dividend component, and the dividend forecast was set at ¥16 per share annually, comprising an interim dividend of ¥8 and a year-end dividend of ¥8.」
The target shareholder return ratio of 40% was changed to a measure based on net income attributable to owners of the parent, and the annual dividend forecast for the fiscal year ending March 2023 was raised from ¥14 to ¥16. - FY2022-Q3AdvancedAnnual report
「At a Board of Directors meeting held on 8 November 2021, the following resolution was passed regarding the interim dividend for the 137th fiscal period. Interim dividend ¥2,944 million Interim dividend per share ¥7.00」
An interim dividend of ¥7 per share was paid. This represented a ¥1 increase from the previous period's interim dividend of ¥6 and was in line with the annual dividend forecast of ¥14. - FY2022-Q2AdvancedAnnual report
「At a Board of Directors meeting held on 8 November 2021, the following resolution was passed regarding the acquisition of treasury shares. (1) Class of shares to be acquired: Common shares of the Bank (2) Total number of shares to be acquired: 10,000,000 shares (upper limit) (3) Total acquisition cost: ¥3,500 million (upper limit) (4) Acquisition period: 9 November 2021 to 28 January 2022」
In connection with the shareholder return policy, an acquisition of up to 10 million treasury shares, with a total acquisition cost of ¥3.5 billion, was approved after the filing. - FY2021RaisedAnnual report
「For the next fiscal year, taking into account the shareholder return policy, an additional ¥1 was added to the stable dividend component, and the dividend forecast was set at ¥14 per share annually, comprising an interim dividend of ¥7 and a year-end dividend of ¥7.」
The annual dividend was ¥13 and the shareholder return ratio was 46.7% for the current fiscal year, while the dividend forecast for the next fiscal year was raised to ¥14 annually. - FY2021-Q3RestatedAnnual report
「Interim dividend ¥2,522 million Interim dividend per share ¥6.00」
An interim dividend of ¥6 per share was paid based on a record date of the end of September 2020, continuing the policy of stable dividends. - FY2021-Q1RestatedAnnual report
「24 June 2020 Annual General Meeting of Shareholders Common shares 2,936 7.0 31 March 2020 25 June 2020 Retained earnings」
The company disclosed that a year-end dividend of ¥7 per share, totaling ¥2,936 million, was paid for the fiscal year ended March 2020. - FY2020AdvancedAnnual report
「The dividend per share for the fiscal year was set at ¥13 annually, unchanged from the previous year, taking into account the shareholder return policy and earnings. This comprised an interim dividend of ¥6 and a year-end dividend of ¥7, for total dividends of ¥5.4 billion. The shareholder return ratio, combining this dividend with ¥3 billion in share repurchases, was 47.2%.」
The annual dividend was maintained at ¥13, and the shareholder return ratio, combining it with ¥3 billion in share repurchases, was 47.2%, further exceeding the 40% target from the previous period's 41.9%. - FY2020-Q2RestatedAnnual report
「8 November 2019 Board of Directors Common shares 2,516 Retained earnings 6.0 30 September 2019 6 December 2019」
Regarding the interim dividend based on a record date of the end of September 2019, a dividend of ¥6 per share was approved, continuing the policy of stable dividends. - FY2020-Q1AdvancedAnnual report
「At a Board of Directors meeting held on 26 July 2019, the following resolution was passed regarding the acquisition of treasury shares. (1) Class of shares to be acquired: Common shares of the Bank (2) Total number of shares to be acquired: 8,000,000 shares (upper limit) (3) Total acquisition cost: ¥3,000 million (upper limit) (4) Acquisition period: 2 August 2019 to 13 September 2019 2 Cancellation of treasury shares At a Board of Directors meeting held on 26 July 2019, a resolution was passed to cancel treasury shares pursuant to Article 178 of the Companies Act. (1) Class of shares to be cancelled: Common shares of the Bank (2) Total number of shares to be cancelled: 8,000,000 shares (3) Scheduled cancellation date: 20 September 2019」
In connection with the shareholder return policy, the acquisition of up to 8 million treasury shares at a maximum acquisition cost of ¥3 billion and the cancellation of the same number of treasury shares were approved. - FY2019AdvancedAnnual report
「The dividend per share for the fiscal year was set at ¥13 annually, unchanged from the previous year, taking into account the shareholder return policy and earnings. This comprised an interim dividend of ¥6 and a year-end dividend of ¥7, for total dividends of ¥5.5 billion. The shareholder return ratio, combining this dividend with ¥3.2 billion in share repurchases, was 41.9%.」
The annual dividend was maintained at ¥13, and the shareholder return ratio, combining it with ¥3.2 billion in share repurchases, was 41.9%. It continued to exceed the 40% target. - FY2019-Q3RestatedAnnual report
「Interim dividend ¥2,596 million Interim dividend per share ¥6.00」
The interim dividend approved at the Board of Directors meeting held on 6 November 2018 was disclosed, and a dividend of ¥6 per share was paid. - FY2019-Q2AdvancedAnnual report
「At a Board of Directors meeting held on 6 November 2018, the following resolution was passed regarding the acquisition of treasury shares. (1) Class of shares to be acquired: Common shares of the Bank (2) Total number of shares to be acquired: 6,000,000 shares (upper limit) (3) Total acquisition cost: ¥3,300 million (upper limit) (4) Acquisition period: 7 November 2018 to 14 December 2018」
In connection with the shareholder return policy, an acquisition of up to 6 million treasury shares, with a total acquisition cost of ¥3.3 billion, was approved. - FY2019-Q1AdvancedAnnual report
「Treasury shares were cancelled on 3 July 2018, reducing the total number of issued shares by 7,000,000.」
The filing states that 7 million treasury shares related to shareholder returns were cancelled on 3 July 2018. - FY2018AdvancedAnnual report
「The dividend per share for the fiscal year was set at ¥13 annually, ¥1 higher than in the previous year, taking into account the shareholder return policy and earnings. This comprised an interim dividend of ¥6 and a year-end dividend of ¥7, for total dividends of ¥5.6 billion. The shareholder return ratio, combining this dividend with share repurchases, was 40.1%.」
The annual dividend was increased from ¥12 to ¥13, and the shareholder return ratio, including share repurchases, was 40.1%, exceeding the 40% target. - FY2018-Q3RestatedAnnual report
「At a Board of Directors meeting held on 8 November 2017, the following resolution was passed regarding the interim dividend for the 133rd fiscal period. Interim dividend: ¥2,616 million Interim dividend per share: ¥6.00」
An interim dividend totaling ¥2,616 million, or ¥6 per share, was approved, reaffirming the policy of continuing stable dividends. - FY2018-Q2AdvancedAnnual report
「At a Board of Directors meeting held on 8 November 2017, the following resolution was passed regarding the acquisition of treasury shares. (1) Class of shares to be acquired: Common shares of the Bank (2) Total number of shares to be acquired: 2,000,000 shares (upper limit) (3) Total acquisition cost: ¥1,500 million (upper limit) (4) Acquisition period: 13 November 2017 to 7 December 2017」
During the interim consolidated accounting period, 4,000 thousand treasury shares were purchased on the market and 10,000 thousand shares were cancelled. Before the filing, an additional acquisition was also approved, with an upper limit of 2,000,000 shares and ¥1,500 million. - FY2018-Q1AdvancedAnnual report
「Treasury shares were cancelled on 3 July 2017, reducing the total number of issued shares by 10,000,000.」
The filing states that 10 million treasury shares related to shareholder returns were cancelled. - FY2017AdvancedAnnual report
「The shareholder return ratio, combining this dividend with the 8.88 million treasury shares acquired during the fiscal year for a total acquisition cost of ¥4.6 billion, was 39.7%.」
Under the policy of targeting 40%, an annual dividend of ¥12 and the acquisition of 8.88 million treasury shares were implemented, resulting in an actual shareholder return ratio of 39.7%. - FY2017-Q2AdvancedAnnual report
「At a Board of Directors meeting held on 29 August 2016, a resolution was passed to acquire treasury shares, and the acquisition was carried out as follows. ② Total number of shares acquired: 4,622,300 shares ③ Total acquisition cost: ¥2,199 million」
In connection with the shareholder return policy, 4,622,300 treasury shares were acquired for a total acquisition cost of ¥2,199 million. After the filing, an additional acquisition was also approved, with an upper limit of 5,000,000 shares and ¥2,500 million. - FY2016First statedAnnual report
「With respect to shareholder returns from profits, our basic policy is to strengthen our financial position while continuing to pay stable dividends, and we provide performance-linked shareholder returns. For the time being, the shareholder return ratio, combining dividends and share repurchases, is targeted at 40% of standalone net income.」
The basic policy is to maintain stable dividends, strengthen the financial position, link returns to performance, and target shareholder returns combining dividends and share repurchases at 40%.