Returning Profits Based on a Target Consolidated Payout Ratio of 20%
First written in FY2016. 14 of 32 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-09-16.
38 other companies' latest entry also says "Restated".
- FY2026AdvancedAnnual report
「Based on the policy above, the Company decided to pay a common dividend of ¥15.00 per share for the fiscal year, an increase of ¥6.0 per share from the previous fiscal year, including an interim dividend of ¥3. As a result, the consolidated payout ratio for the fiscal year was 79.4%.」
Under its policy targeting a total shareholder return ratio of 60% or more, the Company increased the annual dividend from ¥9 in the previous fiscal year to ¥15, resulting in a consolidated payout ratio of 79.4%. It also conducted share buybacks of 905,100 shares and 1,489,500 shares. - FY2026-H1AdvancedAnnual report
「Maximum number of shares to be acquired 1,500,000 shares Maximum total acquisition cost ¥300,000,000 Acquisition period 1 December 2025–30 January 2026 Acquisition method Market purchases on the Tokyo Stock Exchange under a discretionary trading agreement」
The Company resolved to acquire up to 1,500,000 treasury shares for a total of ¥300 million to improve capital efficiency and enable an agile capital policy, specifying the acquisition period and market purchase method. Under its policy targeting a total shareholder return ratio of 60% or more, an additional shareholder return measure advanced to the planning stage. - FY2025AdvancedAnnual report
「The Company has set a consolidated payout ratio, including share buybacks, or total shareholder return ratio, of 60% or more, and will pay dividends from surplus either once a year as a year-end dividend or twice a year including an interim dividend.」
The Company maintained its policy of a total shareholder return ratio of 60% or more, paid a dividend of ¥9 per share for the fiscal year, and acquired and cancelled 5,934,000 treasury shares. The consolidated payout ratio was 136.2%. - FY2025-H1AdvancedAnnual report
「At a Board of Directors meeting held on 13 August 2024, the Company resolved to acquire treasury shares pursuant to Article 459, paragraph 1 of the Companies Act and its Articles of Incorporation, and acquired 5,934,000 treasury shares on 14 August 2024.」
The Company acquired 5,934,000 treasury shares and cancelled 5,938,769 shares on 30 August 2024. It also resolved to pay a ¥7.50 per share year-end dividend for the fiscal year ending March 2024 and a ¥5.00 per share interim dividend with a record date of 30 September 2024, implementing specific shareholder returns under its policy targeting a total shareholder return ratio of 60% or more in the previous fiscal year. - FY2024RaisedAnnual report
「The Company will target a consolidated payout ratio, including share buybacks, or total shareholder return ratio, of 60% or more.」
The target was raised from the previous year's total shareholder return ratio of 20% or more to 60% or more, including share buybacks. The Company paid ¥8.50 per share for the fiscal year, resulting in a consolidated payout ratio of 86.8%. - FY2024-Q3AdvancedAnnual report
「At a Board of Directors meeting held on 10 November 2023, the Company resolved to pay an interim dividend as follows to shareholders recorded on the shareholder register as of 30 September 2023, and made the payment. ① Total dividends ¥59,029 thousand ② Dividend per share ¥1.00」
The Company confirmed payment following the resolution of the ¥1 per share interim dividend with a record date of 30 September 2023. The specific shareholder return under the policy targeting stable dividends and a total shareholder return ratio of 20% or more was implemented. - FY2024-Q2AdvancedAnnual report
「At a Board of Directors meeting held on 10 November 2023, the Company resolved to pay an interim dividend as follows to shareholders recorded on the shareholder register as of 30 September 2023. ① Total dividends ¥59,029 thousand ② Dividend per share ¥1.00」
The Company resolved to pay an interim dividend of ¥1 per share, totaling ¥59.029 million, with a record date of 30 September 2023. A specific shareholder return for the interim period was decided under the policy of targeting stable dividends and a total shareholder return ratio of 20% or more. - FY2024-Q1RestatedAnnual report
「At a Board of Directors meeting held on 19 May 2023, the Company resolved to pay a year-end dividend as follows to shareholders recorded on the shareholder register as of 31 March 2023. ① Total dividends ¥175,782 thousand ② Dividend per share ¥3.00 ③ Effective date of dividend receivable rights and payment commencement date 8 June 2023」
The Company resolved to pay a year-end dividend of ¥3 per share for the fiscal year ending March 2023 and began payments on 8 June. This filing describes no new change from the previous policy targeting stable dividends and a total shareholder return ratio of 20% or more. - FY2023RaisedAnnual report
「The Company will target a consolidated payout ratio, including share buybacks, or total shareholder return ratio, of 20% or more.」
The target was broadened from the previous 20% consolidated payout ratio to a total shareholder return ratio of 20% or more, including share buybacks, expanding both the scope and the minimum threshold. The annual dividend comprised a ¥3 common dividend and a ¥0.50 special dividend commemorating the change in corporate name. - FY2023-Q2AdvancedAnnual report
「At a Board of Directors meeting held on 10 November 2022, the Company resolved to pay an interim dividend as follows to shareholders recorded on the shareholder register as of 30 September 2022. ① Total dividends ¥29,123 thousand ② Dividend per share ¥0.50 (Common dividend ¥0.00, special dividend ¥0.50)」
The Company resolved to pay a special dividend of ¥0.50 per share to commemorate completion of the change in corporate name. In addition to the annual dividend of ¥5 stated in FY2023-Q1, a specific shareholder return was also decided for the interim period. - FY2023-Q1AdvancedAnnual report
「At a Board of Directors meeting held on 25 May 2022, the Company resolved to pay a year-end dividend as follows to shareholders recorded on the shareholder register as of 31 March 2022. ① Total dividends ¥291,218 thousand ② Dividend per share ¥5.00 (Common dividend ¥3.00, special dividend ¥2.00)」
The dividend per share increased from ¥3 in the previous year to ¥5, comprising a ¥3 common dividend and a ¥2 special dividend. The special dividend was paid because one year had passed since the business integration and the business reorganization had reached a certain conclusion. In addition, reductions in capital and other amounts intended to eliminate the deficit, improve financial soundness and enable a flexible, agile capital policy took effect on 8 August 2022. - FY2022-Q1RestatedAnnual report
「25 May 2021 Board of Directors Common shares Retained earnings 172,601 3.00 31 March 2021 11 June 2021」
The Company paid the ¥3 per share year-end dividend resumed in the previous fiscal year on 11 June 2021. - FY2021ReframedAnnual report
「The Company regards returning profits to shareholders as one of management's most important priorities and its basic policy is to continue paying stable dividends. It will use retained earnings effectively, based on a long-term perspective, for investments that enhance corporate value, including strengthening its financial base and allocating funds to growth areas.」
The 20% consolidated payout ratio target previously stated explicitly is not presented in this filing. The policy wording has changed to focus on continuing stable dividends, strengthening the financial base and allocating funds to growth areas. The Company resumed dividend payments at ¥3 per share for the fiscal year. - FY2021-Q1AdvancedAnnual report
「At the 15th Annual General Meeting of Shareholders held on 26 June 2020, the Company received approval for a proposal concerning reductions in the amounts of its capital reserves and retained earnings reserves and the appropriation of surplus, by using retained earnings carried forward to eliminate the deficit. The purpose was to establish a flexible and agile capital policy and a structure that would enable the early resumption of dividend payments. The proposal took effect on 29 June 2020.」
The reductions in capital reserves and retained earnings reserves and the appropriation of surplus to eliminate the deficit took effect on 29 June 2020. The Company described the measures as intended to establish a flexible capital policy and a structure for the early resumption of dividend payments. - FY2020SoftenedAnnual report
「After comprehensively considering performance trends and the business environment during the fiscal year, the Company regrettably decided not to pay a dividend on retained earnings for the fiscal year.」
After resuming dividend payments at ¥3 per share in the previous fiscal year, the Company paid no dividend in the current fiscal year. Its basic policy of targeting a 20% consolidated payout ratio remains in place. - FY2020-Q1RestatedAnnual report
「At a Board of Directors meeting held on 22 May 2019, the Company resolved to pay a year-end dividend as follows to shareholders recorded on the shareholder register as of 31 March 2019. ① Total dividends ¥32,174 thousand ② Dividend per share ¥3.00」
The Company paid the ¥3 per share year-end dividend decided in the previous fiscal year on 13 June 2019, reconfirming its profit distribution policy following the resumption of dividend payments. - FY2019AdvancedAnnual report
「After comprehensively considering the business environment, financial condition and other factors, the Company decided to pay a dividend of ¥3 per share for the fiscal year, resuming dividend payments for the first time in 2 fiscal years.」
The Company resumed dividend payments after the previous year's no-dividend position, paying ¥3 per share for the first time in 2 fiscal years. Its basic policy of targeting a 20% consolidated payout ratio remains in place. - FY2019-Q3RestatedAnnual report
「1. Dividends paid Not applicable.」
No dividends were paid during the first nine months of the fiscal year, and no resumption of dividend payments from the previous year's no-dividend position has been confirmed. - FY2019-Q2RestatedAnnual report
「1. Dividends paid Not applicable.」
No dividends were paid during the first six months of the fiscal year, and no resumption of dividend payments from the previous year's no-dividend position has been confirmed. This quarterly report does not describe any new change to the 20% consolidated payout ratio target itself. - FY2018SoftenedAnnual report
「After comprehensively considering performance trends and the business environment during the fiscal year, the Company regrettably decided not to pay a dividend on retained earnings for the fiscal year. It sincerely apologizes to shareholders and will work to make its recovery in performance firm in order to resume dividend payments. As its basic policy for future dividends, the Company has set a target consolidated payout ratio of 20% in order to return profits to shareholders in line with performance. It will make active profit distributions after comprehensively considering the business environment, achievement of sufficient operating profit and the strengthening of its financial position through retained earnings.」
The Company maintained its 20% consolidated payout ratio target, but the fiscal year changed from a dividend of ¥3 per share in the previous year to no dividend, with the wording changing to indicate a goal of resuming dividend payments. - FY2018-Q3RestatedAnnual report
「22 May 2017 Board of Directors Common shares 25,757 Retained earnings 3.00 31 March 2017 9 June 2017」
The Company paid a dividend of ¥3.00 per share on common shares with a record date of 31 March 2017, for a total of ¥25.757 million. It reconfirmed the annual dividend of ¥3 per share. - FY2018-Q2RestatedAnnual report
「Common shares 25,757 Retained earnings 3.00 31 March 2017 9 June 2017」
The Company paid a dividend of ¥3.00 per share on common shares with a record date of 31 March 2017, for a total of ¥25.757 million. It reconfirmed its policy of annual dividends of ¥3 per share and profit distributions determined after considering performance and other factors. - FY2017Decrease in annual dividendAnnual report
「After comprehensively considering performance trends, the business environment and other factors, the Company set the dividend for the fiscal year at ¥3 per share. As its basic policy for future dividends, it has set a target consolidated payout ratio of 20% in order to return profits to shareholders in line with performance. It will make active profit distributions after comprehensively considering the business environment, achievement of sufficient operating profit and the strengthening of its financial position through retained earnings.」
The Company maintained its 20% consolidated payout ratio target, but the dividend per share for the fiscal year decreased from ¥4 in the previous year to ¥3. - FY2017-Q2AdvancedAnnual report
「Common shares 34,299 Retained earnings 4.0 31 March 2016 9 June 2016」
The Company paid a dividend on common shares with a record date of 31 March 2016 of ¥4.0 per share, for a total of ¥34.299 million. - FY2016First statedAnnual report
「As our basic policy on future dividends, we will target a consolidated payout ratio of 20% in order to return profits to shareholders in line with performance, while making active returns after comprehensively considering the business environment, achievement of sufficient operating profit, and strengthening our financial position through retained earnings.」
The Group targets a consolidated payout ratio of 20% and will determine shareholder returns after considering performance, the business environment, and financial soundness.