Target payout ratio of 30% with stable and consistent dividends
First written in FY2016. 16 of 22 entries say "Restated". Latest entry: FY2026.
- FY2026SoftenedAnnual report
「We regard returning profits to shareholders as an important management priority. While taking into account retained earnings needed to enhance corporate value, our basic policy is to pay stable and sustained dividends.」
The numerical target of “targeting a 30% payout ratio,” which had previously been stated explicitly, is not included in this filing; the wording has been revised to “stable and sustained dividends.” Meanwhile, the dividend per share for the fiscal year was ¥100. - FY2026-H1Decrease in dividend per shareAnnual report
「At a meeting of the Board of Directors held on 23 May 2025, the company resolved to pay a dividend from retained earnings as follows. ① Total dividends…………………………………………¥239.466 million ② Dividend per share……………………………………¥60.00」
The company paid a dividend of ¥60 per share for the current interim accounting period, down from the ¥80 per share stated for the previous interim accounting period. - FY2025-H1RestatedAnnual report
「At a meeting of the Board of Directors held on 24 May 2024, the company resolved to pay a dividend from retained earnings as follows. ① Total dividends…………………………………………¥319.288 million ② Dividend per share……………………………………¥80.00 ③ Effective date of the dividend claim and dividend payment start date…………11 June 2024」
The filing reconfirms the payment of ¥80 per share, including the 80th anniversary commemorative dividend. - FY2024Higher dividend, including the 80th anniversary commemorative dividendAnnual report
「As net income for the fiscal year was ¥517 million, after taking comprehensive account of our financial position and other factors, we paid a dividend of ¥80 per share, comprising an ordinary dividend of ¥60 and an 80th anniversary commemorative dividend of ¥20.」
While maintaining its basic policy of targeting a 30% payout ratio, the company paid ¥80 per share for the fiscal year, including an ¥20 80th anniversary commemorative dividend, up from ¥30 in the previous fiscal year. - FY2024-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 25 May 2023, the company resolved to pay a dividend from retained earnings as follows. ① Total dividends…………………………………………¥119.733 million ② Dividend per share……………………………………¥30.00 ③ Effective date of the dividend claim and dividend payment start date…………13 June 2023」
The company paid a dividend of ¥30 per share with a record date of 31 March 2023, reconfirming dividend performance consistent with its stable dividend policy. - FY2023RestatedAnnual report
「We regard returning profits to shareholders as an important management priority. While taking into account retained earnings needed to enhance corporate value, our basic policy is to target a payout ratio of 30% on a stable and sustained basis. Retained earnings will be used to strengthen the company’s financial and operational foundation and for future business development. Although net income for the fiscal year was ¥62 million and earnings per share was only ¥15.68, we prioritised a stable dividend to shareholders and paid ¥30 per share.」
The company maintained its basic policy of targeting a 30% payout ratio. Despite net income of ¥62 million for the fiscal year, it prioritised a stable dividend and paid ¥30 per share, down from ¥40 in the previous fiscal year. - FY2023-Q2RestatedAnnual report
「25 May 2022 Board of Directors Common shares 159,644 40.00 31 March 2022 9 June 2022 Retained earnings」
The filing states that a dividend of ¥40 per share with a record date of 31 March 2022 was paid on 9 June 2022. - FY2023-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 25 May 2022, the company resolved to pay a dividend from retained earnings as follows.”「② Dividend per share……………………………………¥40.00」
No change to the basic policy of targeting a 30% payout ratio was indicated, and the company paid a dividend of ¥40 per share with a record date of 31 March 2022. - FY2022-Q2RestatedAnnual report
「25 May 2021 Board of Directors Common shares 199,556 50.00 31 March 2021 11 June 2021 Retained earnings」
The filing states that a dividend of ¥50 per share with a record date of 31 March 2021 was paid on 11 June 2021. - FY2021RestatedAnnual report
「We regard returning profits to shareholders as an important management priority. While taking into account retained earnings needed to enhance corporate value, our basic policy is to target a payout ratio of 30% on a stable and sustained basis. As net income for the fiscal year was ¥413 million, after taking comprehensive account of our financial position and other factors, we paid a dividend of ¥50 per share.」
The company maintained its basic policy of targeting a 30% payout ratio and paid a dividend of ¥50 per share for the fiscal year. - FY2021-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 21 May 2020, the company resolved to pay a dividend from retained earnings as follows. ① Total dividends…………………………………………¥119.735 million ② Dividend per share……………………………………¥30.00」
The company paid a dividend of ¥30 per share with a record date of 31 March 2020, reconfirming its FY2020 dividend performance. - FY2020RestatedAnnual report
「We regard returning profits to shareholders as an important management priority. While taking into account retained earnings needed to enhance corporate value, our basic policy is to target a payout ratio of 30% on a stable and sustained basis. As net income for the fiscal year was ¥163 million, after taking comprehensive account of our financial position and other factors, we paid a dividend of ¥30 per share.」
The company maintained its policy of targeting a 30% payout ratio and paid a dividend of ¥30 per share for the fiscal year. - FY2020-Q1RestatedAnnual report
「23 May 2019 Board of Directors Common shares 199,558 50.00 31 March 2019 12 June 2019 Retained earnings」
A dividend of ¥50 per share on common shares with a record date of 31 March 2019 was paid on 12 June 2019. The ¥50 included a ¥10 75th anniversary commemorative dividend. - FY2019RestatedAnnual report
「We regard returning profits to shareholders as an important management priority. While taking into account retained earnings needed to enhance corporate value, our basic policy is to target a payout ratio of 30% on a stable and sustained basis. As net income for the fiscal year was ¥406 million, after taking comprehensive account of our financial position and other factors, we paid a dividend of ¥50 per share, comprising an ordinary dividend of ¥40 and a 75th anniversary commemorative dividend of ¥10.」
The company maintained its basic policy of targeting a 30% payout ratio and paid a dividend of ¥50 per share for the fiscal year, including the 75th anniversary commemorative dividend. - FY2019-Q3RestatedAnnual report
「23 May 2018 Board of Directors Common shares 159,647 4.00 31 March 2018 13 June 2018 Retained earnings」
The filing reiterates that a dividend of ¥4 per share on common shares with a record date of 31 March 2018 was paid on 13 June 2018. - FY2019-Q2RestatedAnnual report
「23 May 2018 Board of Directors Common shares 159,647 4.00 31 March 2018 13 June 2018 Retained earnings」
The filing reiterates that a dividend of ¥4 per share on common shares with a record date of 31 March 2018 was paid on 13 June 2018. - FY2019-Q1RestatedAnnual report
「23 May 2018 Board of Directors Common shares 159,647 4.00 31 March 2018 13 June 2018 Retained earnings」
The filing states that a dividend of ¥4 per share on common shares with a record date of 31 March 2018 was paid on 13 June 2018. - FY2018RestatedAnnual report
「We regard returning profits to shareholders as an important management priority. While taking into account retained earnings needed to enhance corporate value, our basic policy is to target a payout ratio of 30% on a stable and sustained basis. As net income for the fiscal year was ¥375 million, after taking comprehensive account of our financial position and other factors, we paid a dividend of ¥4 per share.」
The company reiterated its basic policy of targeting a 30% payout ratio and paid a dividend of ¥4 per share for the fiscal year. - FY2018-Q3RestatedAnnual report
「19 May 2017 Board of Directors Common shares 79,823 2.00 31 March 2017 14 June 2017 Retained earnings」
The filing states that a dividend of ¥2 per share was paid on common shares for the fiscal year ended March 2017. - FY2016First statedAnnual report
「We regard returning profits to shareholders as an important management priority. While taking into account retained earnings needed to enhance corporate value, our basic policy is to target a payout ratio of 30% on a stable and sustained basis.」
The company has identified returning profits to shareholders as an important management priority and stated its basic policy of targeting a 30% payout ratio on a stable and sustained basis.