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The Awa Bank (8388) · PolicyReframedLatest Revision of earnings forecasts (2026-09-25): "Advanced"

Active shareholder returns through stable dividends and performance-linked payouts

First written in FY2016. 21 of 37 entries say "Restated". Latest entry: 2026-09-27.

37entries
11years
6from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2024-Q2OtherFY2025-H1 – FY2026-H12016: 220162017: 420172018: 320182019: 420192020: 420202021: 220212022: 320222023: 220232024: 220242025: 120252026: 102026
Same theme, other companies
Earnings-linked shareholder returns and special dividend policyA theme 190 companies write about · 5 as a headwind · 181 as a tailwind

45 other companies' latest entry also says "Raised".

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 190 companies compared. The sentences above are computed from all 190.
Full recordFilings, disclosures and news, newest first
  1. 2026-09-25AdvancedRevision of earnings forecasts

    「As consolidated net income attributable to owners of the parent for the fiscal year ending March 2027 is expected to exceed the previously announced forecast, and in accordance with the Bank's shareholder return policy of a dividend payout ratio of at least 40%, the Bank has revised its forecast for the year-end dividend per share for the fiscal year ending March 2027, increasing it by ¥4.00 from the previous forecast of ¥18.00 to ¥22.00.」

    The policy of a dividend payout ratio of at least 40% remains unchanged, while the forecast year-end dividend for the fiscal year ending March 2027 was increased following the upward revision to the earnings forecast.
  2. FY2026ReframedAnnual report

    「Beginning in fiscal 2026, the Bank will change its shareholder return policy as follows in order to increase corporate value through enhanced shareholder returns while considering the balance between the use of capital for growth investment and maintaining sound equity capital. The Bank will target a dividend payout ratio of at least 40% of net income attributable to owners of the parent and seek to increase dividends per share through earnings growth. Share repurchases will be conducted flexibly and nimbly, taking into account improvements in capital efficiency, market conditions, and other factors.」

    The policy changed from a target shareholder return ratio of at least 40%, combining dividends and share repurchases, to a target dividend payout ratio of at least 40%. Share repurchases are now positioned to be conducted flexibly and nimbly.
  3. FY2026-H1Increase in the interim dividendAnnual report

    「14 November 2025 Board of Directors Common shares 2,392 Other retained earnings 60.00 30 September 2025 5 December 2025」

    The interim dividend with a record date of 30 September 2025 was ¥60 per share, up from ¥45 per share in the same period of the previous year.
  4. FY2025-H1Increase in the interim dividendAnnual report

    「8 November 2024 Board of Directors Common shares 1,809 Other retained earnings 45.00 30 September 2024 5 December 2024」

    The interim dividend with a record date of 30 September 2024 was ¥45 per share, up from ¥35 per share in the same period of the previous year.
  5. FY2024RaisedAnnual report

    「The Bank recognises the return of profits to shareholders as an important management issue. Its target for shareholder returns, comprising dividends and share repurchases, is at least 40% of net income attributable to owners of the parent.」

    In addition to its previous stable dividend and performance-linked policy, the Bank established an explicit target of a shareholder return ratio of at least 40%, combining dividends and share repurchases. The shareholder return ratio for the fiscal year ended March 2024 was 40.38%, and the annual dividend was ¥75.
  6. FY2024-Q2Increase in the interim dividendAnnual report

    「10 November 2023 Board of Directors Common shares 1,433 Other retained earnings 35.00 30 September 2023 5 December 2023」

    The Bank resolved to pay an interim dividend of ¥35 per share with a record date of 30 September 2023. Although this was up from ¥22.50 per share in the same period of the previous year, no change to the policy of adding payments based on performance to a stable dividend was stated.
  7. FY2024-Q1Increase in the year-end dividendAnnual report

    「At a Board of Directors meeting held on 12 May 2023, the Bank resolved as follows regarding the year-end dividend for the 211th fiscal period. Total year-end dividends: ¥1,126 million Year-end dividend per share: ¥27.50」

    The year-end dividend for the 211th fiscal period was ¥27.50 per share, up from ¥22.50 per share in the same period of the previous year. No change to the policy of adding payments based on performance to a stable dividend was stated.
  8. FY2023-Q2RestatedAnnual report

    「11 November 2022 Board of Directors Common shares 932 Other retained earnings 22.50 30 September 2022 5 December 2022」

    The Bank resolved to pay an interim dividend of ¥22.50 per share with a record date of 30 September 2022 and continued its shareholder return policy of adding payments based on performance to a stable dividend.
  9. FY2023-Q1RestatedAnnual report

    「13 May 2022 Board of Directors Common shares 943 22.50 31 March 2022 10 June 2022」

    The Bank paid a year-end dividend of ¥22.50 per share for the fiscal year ended March 2022 and reconfirmed its shareholder return policy of adding payments based on performance to a stable dividend.
  10. FY2022RestatedAnnual report

    「The Bank will maintain an annual dividend of ¥25 as a stable dividend, comprising ¥12.50 each for the interim and year-end dividends, and pay an additional amount based on performance in each period.」

    The Bank maintained its policy of adding performance-linked payments to a stable annual dividend of ¥25. The annual dividend for the period was ¥42.50.
  11. FY2022-Q2RestatedAnnual report

    「12 November 2021 Board of Directors Common shares 848 Other retained earnings 20.00 30 September 2021 6 December 2021」

    The Bank resolved to pay an interim dividend of ¥20 per share with a record date of 30 September 2021, indicating the continuation of its shareholder return policy of adding payments based on performance to a stable dividend.
  12. FY2021-Q3RestatedAnnual report

    「Total interim dividends: ¥848 million Interim dividend per share: ¥20.00」

    The Bank reconfirmed that it paid an interim dividend of ¥20 per share with a record date of 30 September 2020. No change to the policy of adding payments based on performance to a stable dividend was stated.
  13. FY2021-Q2Decline in interim dividendAnnual report

    「13 November 2020 Board of Directors Common shares 848 Other retained earnings 20.00 30 September 2020 7 December 2020」

    The Bank resolved to pay an interim dividend of ¥20 per share with a record date of 30 September 2020. Although this was down from ¥22.50 per share in the same period of the previous year, no change to the policy of adding performance-linked payments to a stable dividend was stated.
  14. FY2021-Q1RestatedAnnual report

    「Total year-end dividends: ¥954 million Year-end dividend per share: ¥22.50 Effective date of dividend claim and payment commencement date: 10 June 2020」

    The Bank paid a year-end dividend of ¥22.50 per share for the fiscal year ended March 2020 and reconfirmed its shareholder return policy of adding payments based on performance to a stable dividend.
  15. FY2020RestatedAnnual report

    「The Bank will maintain an annual dividend of ¥25 as a stable dividend, comprising ¥12.50 each for the interim and year-end dividends, and pay an additional amount based on performance in each period.」

    The Bank maintained its policy of adding performance-linked payments to a stable annual dividend of ¥25. The annual dividend for the period was ¥45.
  16. FY2020-Q3RestatedAnnual report

    「8 November 2019 Board of Directors Common shares 963 Other retained earnings 22.50 30 September 2019 5 December 2019」

    The Bank paid an interim dividend of ¥22.50 per share with a record date of 30 September 2019, indicating the continuation of its shareholder return policy of adding payments based on performance to a stable dividend.
  17. FY2020-Q2RestatedAnnual report

    「8 November 2019 Board of Directors Common shares 963 Other retained earnings 22.50 30 September 2019 5 December 2019」

    The Bank resolved to pay an interim dividend of ¥22.50 per share with a record date of 30 September 2019 and continued its shareholder return policy of adding payments based on performance to a stable dividend.
  18. FY2020-Q1RestatedAnnual report

    「Total year-end dividends: ¥971 million Year-end dividend per share: ¥22.50 Effective date of dividend claim and payment commencement date: 10 June 2019」

    The Bank paid a year-end dividend of ¥22.50 per share for the fiscal year ended March 2019, indicating the continuation of its shareholder return policy of adding payments based on performance to a stable dividend.
  19. FY2019RestatedAnnual report

    「Under this policy, the Bank will maintain an annual dividend of ¥25 as a stable dividend, comprising ¥12.50 each for the interim and year-end dividends, and pay an additional amount based on performance in each period.」

    The Bank stated a stable dividend of ¥25 following the share consolidation and maintained its policy of adding performance-linked payments to the stable dividend. The annual dividend for the period was ¥45.
  20. FY2019-Q3RestatedAnnual report

    「Total interim dividends: ¥977 million Interim dividend per share: ¥4.50 Effective date of dividend claim and payment commencement date: 5 December 2018」

    The Bank paid an interim dividend of ¥4.50 per share with a record date of 30 September 2018 and reconfirmed its shareholder return policy of adding payments based on performance to a stable dividend.
  21. FY2019-Q2RestatedAnnual report

    「9 November 2018 Board of Directors Common shares 977 Other retained earnings 4.50 30 September 2018 5 December 2018」

    The Bank resolved to pay an interim dividend of ¥4.50 per share with a record date of 30 September 2018 and continued its shareholder return policy of adding payments based on performance to a stable dividend.
  22. FY2019-Q1RestatedAnnual report

    「26 June 2018 Ordinary General Meeting of Shareholders Common shares 984 4.50 31 March 2018 27 June 2018 Other retained earnings」

    The Bank disclosed that it had paid a year-end dividend of ¥4.50 per share for the fiscal year ended March 2018 and reconfirmed the continuation of its shareholder return policy based on a stable dividend.
  23. FY2018RestatedAnnual report

    「The Bank will maintain an annual dividend of ¥5 as a stable dividend, comprising ¥2.50 each for the interim and year-end dividends, and pay an additional amount based on performance in each period.」

    The Bank maintained its policy of adding performance-linked payments to a stable annual dividend of ¥5. The annual dividend for the period was ¥9, and the shareholder return ratio was 39.08%.
  24. FY2018-Q2RestatedAnnual report

    「10 November 2017 Board of Directors Common shares 993 Other retained earnings 4.50 30 September 2017 5 December 2017」

    The Bank resolved to pay an interim dividend of ¥4.50 per share for the interim period and reconfirmed its shareholder return policy based on a stable dividend.
  25. FY2018-Q1RestatedAnnual report

    「29 June 2017 Ordinary General Meeting of Shareholders Common shares 999 4.50 31 March 2017 30 June 2017 Other retained earnings」

    The Bank disclosed that it had paid a year-end dividend of ¥4.50 per share for the fiscal year ended March 2017, indicating the continuation of its shareholder return policy based on a stable dividend.
  26. FY2017RestatedAnnual report

    「Under this policy, the Bank will maintain an annual dividend of ¥5 as a stable dividend, comprising ¥2.50 each for the interim and year-end dividends, and pay an additional amount based on performance in each period.」

    The Bank reconfirmed its policy of adding performance-linked payments to a stable annual dividend of ¥5 and set the annual dividend for the fiscal year at ¥9.
  27. FY2017-Q3RestatedAnnual report

    「29 June 2016 Ordinary General Meeting of Shareholders Common shares 1,356 6.00 31 March 2016 30 June 2016 Other retained earnings 11 November 2016 Board of Directors Common shares 1,009 4.50 30 September 2016 5 December 2016 Other retained earnings」

    During the nine months ended 31 December, the Bank disclosed that it had paid a year-end dividend of ¥6 per share and an interim dividend of ¥4.50 per share, indicating the continuation of its shareholder return policy.
  28. FY2017-Q2RestatedAnnual report

    「11 November 2016 Board of Directors Common shares Total dividends: ¥1,009 million Dividend per share: ¥4.50 Record date: 30 September 2016 Effective date: 5 December 2016」

    The Bank resolved to pay an interim dividend of ¥4.50 per share for the interim period, indicating the continuation of its shareholder return policy based on a stable dividend.
  29. FY2016First statedAnnual report

    「Under this policy, the Bank will maintain an annual dividend of ¥5 as a stable dividend, comprising ¥2.50 each for the interim and year-end dividends, and pay an additional amount based on performance in each period.」

    The Bank has adopted a shareholder return policy based on a stable annual dividend of ¥5, with additional payments depending on performance in each period. The annual dividend for the period was ¥12.
Moved together

"Strategic shareholdings held for business relationships" moved the same way as this thread, in the same document, in 2 of its 37 moves.

22222★12345
  1. ★This thread
  2. 1Strategic shareholdings held for business relationships2×
  3. 2Securities Management Focused on Safety and Liquidity2×
  4. 3Deterioration in the Capital Adequacy Ratio2×
  5. 4Operational Incidents, System Outages, and Cyberattacks2×
  6. 5Flexible Capital Policy and Share Repurchases2×

★ 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 The Awa Bank yet. It last moved in the Revision of earnings forecasts of 2026-09-25: "Advanced".
Active shareholder returns through stable dividends and performance-linked payouts | The Awa Bank,Ltd. (8388) | Komori