Balancing Profit Returns and Strengthening Shareholders’ Equity
First written in FY2016. 7 of 9 entries say "Restated". Latest entry: 2026-05-26.
- FY2024ReframedAnnual report
「Our basic policy on returning profits to shareholders is to pay dividends in line with business performance while improving earnings power. Under this policy, we will seek an optimal balance between strengthening profit returns through the level of the payout ratio and various other means, and further improving earnings power and corporate value through growth investments and the enhancement of our business platform.」
The policy has been reorganised from balancing dividends with strengthening shareholders' equity to achieving an optimal balance between the payout ratio and diverse forms of shareholder returns, and between growth investment and strengthening the business foundation. - FY2021RestatedAnnual report
「Our basic policy for returning profits to shareholders is to pay dividends in line with performance while working to improve our earnings power. At the same time, we consider a solid equity base to be an important factor in enhancing corporate value and accordingly give due consideration to balancing returns to shareholders with strengthening shareholders' equity.」
The policy of emphasising a balance between dividends based on performance and strengthening shareholders' equity remains in place. - FY2020RestatedAnnual report
「Our basic policy on returning profits to shareholders is to pay dividends in line with business performance while improving earnings power. At the same time, we consider a strong shareholder equity base to be an important factor in enhancing corporate value and therefore give due consideration to balancing profit returns to shareholders with strengthening shareholder equity.」
The policy of emphasising a balance between dividends based on performance and strengthening shareholders' equity remains in place. - FY2019RestatedAnnual report
「Our basic policy for returning profits to shareholders is to pay dividends in line with performance while working to improve our earnings power. At the same time, we consider a solid equity base to be an important factor in enhancing corporate value and accordingly give due consideration to balancing returns to shareholders with strengthening shareholders' equity.」
The basic policy of emphasising a balance between dividends based on performance and strengthening shareholders' equity remains in place. - FY2017RestatedAnnual report
「Our basic policy for returning profits to shareholders is to pay dividends in line with performance while working to improve our earnings power. At the same time, we consider a solid equity base to be an important factor in enhancing corporate value and accordingly give due consideration to balancing returns to shareholders with strengthening shareholders' equity.」
The basic policy of emphasising a balance between performance-linked dividends and strengthening shareholders' equity remains in place. - FY2016First statedAnnual report
「Our basic policy for returning profits to shareholders is to pay dividends in line with performance while working to improve our earnings power. At the same time, we consider a solid equity base to be an important factor in enhancing corporate value and accordingly give due consideration to balancing returns to shareholders with strengthening shareholders' equity.」
The policy is described as balancing performance-linked dividends with strengthening shareholders' equity.