Balancing Profit Returns Commensurate with Performance and Retained Earnings
First written in FY2016. 25 of 42 entries say "Restated". Latest entry: 2026-10-23.
- FY2026AdvancedAnnual report
「Based on this policy, the company decided to pay a year-end dividend of ¥165 per share for which 31 March 2026 will be the record date. Including the interim dividend already paid of ¥60 per share, the annual dividend will be ¥225 per share. Both the year-end dividend of ¥165 and the annual dividend of ¥225 will be record highs.」
Under the Sixth Medium-Term Management Plan's dividend policy, which sets a DOE of approximately 3% as the minimum, the annual dividend was ¥225 per share, up from ¥145 in the previous fiscal year, making it a record high. The total payout ratio was 50.6%. - FY2026-H1RestatedAnnual report
「At a meeting of the Board of Directors held on 24 October 2025, the company resolved the following with respect to the interim dividend for the current fiscal year: (1) Total dividend: ¥1,409 million (2) Dividend per share: ¥60.00 (3) Effective date of the dividend payment claim and payment commencement date: 21 November 2025」
Continuing to return profits to shareholders, the company resolved to pay an interim dividend of ¥60 per share for which 30 September 2025 was the record date. - FY2025RaisedAnnual report
「Continued stable dividends and performance-linked returns to shareholders; the higher of a total payout ratio of at least 50% and a dividend on equity (DOE) of approximately 3% (interim dividend: DOE of approximately 2%; year-end dividend: DOE of approximately 1% plus performance-linked component).」
Under the Sixth Medium-Term Management Plan, the company adopted the higher of a total payout ratio of at least 50% and a DOE of approximately 3% as its return standard, in addition to the previous minimum annual dividend of ¥40 per share and total payout ratio of at least 50%, making its shareholder return policy more ambitious. For the fiscal year ended March 2025, the annual dividend was ¥145 per share and the total payout ratio was 50.6%. - FY2025-H1RestatedAnnual report
「At a meeting of the Board of Directors held on 20 May 2024, the company resolved to pay a dividend from retained earnings as follows: (1) Total dividend: ¥2,348 million; (2) Dividend per share: ¥100.00」
Under its policy of maintaining a balance between returning profits to shareholders and retaining earnings, the company paid a year-end dividend of ¥100 per share for the fiscal year ended March 2024. - FY2024AdvancedAnnual report
「Based on this policy, the company decided to pay a year-end dividend of ¥100 per share for which 31 March 2024 will be the record date. Including the interim dividend already paid of ¥20 per share, the planned annual dividend will be ¥120 per share. Both the year-end dividend of ¥100 and the annual dividend of ¥120 will be record highs.」
Under the Fifth Medium-Term Management Plan's policy of a minimum annual dividend of ¥40 per share and a total payout ratio of at least 50%, the annual dividend was ¥120 per share and the total payout ratio was 50.7%, making the annual dividend a record high. - FY2024-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 20 October 2023, the company resolved to pay a dividend from retained earnings as follows: (1) Total dividend: ¥469 million (2) Dividend per share: ¥20.00」
Under its policy of maintaining a balance between returning profits to shareholders and retaining earnings, the company paid an interim dividend of ¥20 per share for which 30 September 2023 was the record date. - FY2024-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 20 October 2023, the company resolved to pay a dividend from retained earnings as follows: (1) Total dividend: ¥469 million (2) Dividend per share: ¥20.00」
Continuing to return profits to shareholders, the company resolved to pay an interim dividend of ¥20 per share for which 30 September 2023 was the record date. - FY2024-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 22 May 2023, the company resolved to pay a dividend from retained earnings as follows: (a) Total dividend: ¥1,409 million (b) Dividend per share: ¥60.00」
Continuing to return profits to shareholders, the company paid a year-end dividend of ¥60 per share for the fiscal year ended March 2023, totaling ¥1,409 million. - FY2023AchievedAnnual report
「The company has set a minimum annual dividend of ¥40 per share and a total payout ratio of at least 50%, and is working to strengthen returns to shareholders.」
For the fiscal year ended March 2023, the company paid an annual dividend of ¥80 per share and had a total payout ratio of 52.7%, meeting the minimum annual dividend and total payout ratio of at least 50% set under the Fifth Medium-Term Management Plan. - FY2023-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 21 October 2022, the company resolved to pay a dividend from retained earnings as follows: (1) Total dividend: ¥469 million (2) Dividend per share: ¥20.00」
Under its policy of maintaining a balance between returning profits to shareholders and retaining earnings, the company paid an interim dividend of ¥20 per share for which 30 September 2022 was the record date. - FY2023-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 21 October 2022, the company resolved to pay a dividend from retained earnings as follows: (1) Total dividend: ¥469 million (2) Dividend per share: ¥20.00」
Continuing to return profits to shareholders, the company resolved to pay an interim dividend of ¥20 per share for which 30 September 2022 was the record date. - FY2023-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 23 May 2022, we resolved to pay a dividend from surplus as follows. (A) Total dividends: ¥1,409 million (B) Amount per share: ¥60.00」
Continuing to return profits to shareholders, the company paid a year-end dividend of ¥60 per share for which 31 March 2022 was the record date. - FY2022AchievedAnnual report
「Fiscal year ended March 2022: annual dividend ¥80 per share, total payout ratio 50.0%」
Against the Fourth Medium-Term Management Plan targets of a minimum annual dividend of ¥40 per share and a total payout ratio of at least 50%, the annual dividend was ¥80 per share and the total payout ratio was 50.0%, meeting the numerical targets for the final year. - FY2022-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 22 October 2021, we resolved to pay a dividend from surplus as follows. (1) Total dividends: ¥469 million (2) Amount per share: ¥20.00 (3) Effective date of payment claim and payment commencement date: 24 November 2021」
Under the Fourth Medium-Term Management Plan's return policy of a minimum annual dividend of ¥40 per share and a total payout ratio of at least 50%, the interim dividend of ¥20 per share was maintained. - FY2021AchievedAnnual report
「Based on this policy, we decided to set the year-end dividend with 31 March 2021 as the record date at ¥97 per share, reflecting full-year business performance and enhanced shareholder returns. Including the interim dividend already paid of ¥20, the annual dividend will be ¥117 per share, making both the year-end dividend of ¥97 and the annual dividend of ¥117 record highs.」
Against the Fourth Medium-Term Management Plan targets of a minimum annual dividend of ¥40 per share and a total payout ratio of at least 50%, the annual dividend was ¥117 per share and the total payout ratio was 51.3%, meeting the numerical targets for the fiscal year. - FY2021-Q3RestatedAnnual report
「Board of Directors meeting on 23 October 2020; ordinary shares; total dividends ¥469 million; dividend per share ¥20; record date 30 September 2020; effective date 24 November 2020」
Under the basic policy of emphasizing a balance between shareholder returns and retained earnings, an interim dividend of ¥20 per share was paid with the end of September 2020 as the record date. - FY2021-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 23 October 2020, we resolved to pay a dividend from surplus as follows. (1) Total dividends: ¥469 million (2) Amount per share: ¥20.00」
Shareholder returns continued, with an interim dividend of ¥20 per share resolved for the fiscal year with 30 September 2020 as the record date. - FY2021-Q1RestatedAnnual report
「(B) Amount per share: ¥55.00」
Under the basic policy of emphasizing a balance between shareholder returns and retained earnings, a year-end dividend of ¥55 per share was paid for the fiscal year ended March 2020. - FY2020RaisedAnnual report
「During the period of the Fourth Medium-Term Management Plan beginning in fiscal 2019, from fiscal 2019 through fiscal 2021, we will strengthen shareholder returns by setting annual dividends of ¥40 per share as the minimum for stable dividend continuity and establishing a consolidated total payout ratio of at least 50% as a return in line with business performance.」
In addition to the previous policy of linking returns to business performance and balancing them with retained earnings, quantitative return targets were established for fiscal 2019 through fiscal 2021: annual dividends of at least ¥40 per share and a total payout ratio of at least 50%. - FY2020-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 25 October 2019, we resolved on the interim dividend for the fiscal year as follows. (A) Total dividends: ¥469 million (B) Amount per share: ¥20.00 (C) Effective date of payment claim and payment commencement date: 25 November 2019」
Under the basic policy of emphasizing a balance between shareholder returns and retained earnings, an interim dividend of ¥20 per share was paid with 30 September 2019 as the record date. - FY2020-Q2RestatedAnnual report
「(B) Amount per share: ¥20.00」
An interim dividend of ¥20 per share was resolved for the fiscal year with 30 September 2019 as the record date, continuing shareholder returns. - FY2020-Q1RestatedAnnual report
「(A) Total dividends: ¥1,291 million (B) Amount per share: ¥55.00 (C) Effective date of payment claim and payment commencement date: 10 June 2019」
Under the basic policy of emphasizing a balance between shareholder returns and retained earnings, a year-end dividend of ¥55 per share, totaling ¥1,291 million, was paid for the fiscal year ended March 2019. - FY2019RestatedAnnual report
「We regard returning profits to shareholders as one of management's important priorities. Our basic policy is to return profits in line with business performance while comprehensively considering the balance with retained earnings needed for future business development and the strengthening of our management foundation.」
The basic policy of emphasizing a balance between shareholder returns and retained earnings remains in place. The annual dividend is ¥75 per share, unchanged from the previous fiscal year. - FY2019-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 26 October 2018, we resolved on the interim dividend for the fiscal year as follows. (A) Total dividends: ¥469 million (B) Amount per share: ¥20.00」
Under the policy of emphasizing a balance between shareholder returns and retained earnings, an interim dividend of ¥20 per share was paid for the fiscal year. - FY2019-Q2RestatedAnnual report
「(B) Amount per share: ¥20.00」
An interim dividend of ¥20 per share, with the end of the second quarter as the record date, was resolved, continuing shareholder returns. - FY2019-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 21 May 2018, we resolved to pay a dividend from surplus as follows. (A) Total dividends: ¥1,291 million (B) Amount per share: ¥55.00」
Under the policy of emphasizing a balance between shareholder returns and retained earnings, a year-end dividend of ¥55 per share was resolved. - FY2018AdvancedAnnual report
「Under this policy, we decided to set the planned year-end ordinary dividend for the fiscal year at ¥55 per share. Including the interim dividend already paid, the annual dividend will be ¥75 per share, making both the year-end dividend of ¥55 and the annual dividend of ¥75 record highs.」
Under the policy of balancing shareholder returns with retained earnings, the annual dividend was ¥75 per share and the year-end dividend was ¥55 per share, both record highs. - FY2018-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 27 October 2017, we resolved on the interim dividend for the fiscal year as follows. (B) Amount per share: ¥20.00」
An interim dividend of ¥20 per share was resolved for the fiscal year, with no change indicated in the basic policy of emphasizing a balance between shareholder returns and retained earnings. - FY2018-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 27 October 2017, we resolved to pay a dividend from surplus as follows. (B) Amount per share: ¥20.00」
A dividend of ¥20 per share was also resolved this quarter, with no change indicated in the policy of emphasizing a balance between shareholder returns and retained earnings. - FY2018-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 23 May 2017, we resolved to pay a dividend from surplus as follows.」
A dividend of ¥35 per share was also paid this quarter, with no change indicated in the policy of emphasizing a balance between shareholder returns and retained earnings. - FY2017-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 24 October 2016, we resolved on the interim dividend for the fiscal year as follows. (B) Amount per share: ¥20.00」
An interim dividend of ¥20 per share was paid, with no change indicated in the policy of emphasizing a balance between shareholder returns and retained earnings. - FY2017-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 24 October 2016, we resolved to pay a dividend from surplus as follows.」
A dividend of ¥20 per share was resolved as a shareholder return, with no material change indicated in the basic policy of emphasizing a balance between shareholder returns and retained earnings. - FY2017-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 23 May 2016, we resolved to pay a dividend from surplus as follows.」
A dividend of ¥35 per share is being paid as a return to shareholders. - FY2016First statedAnnual report
「We regard returning profits to shareholders as one of management's important priorities. In determining dividends and other distributions of surplus, our basic policy is to return profits in line with business performance while comprehensively considering the balance with retained earnings needed for future business development and the strengthening of our management foundation.」
While treating shareholder returns as an important priority, we emphasize balancing them with retained earnings for business development and strengthening the management foundation. The annual ordinary dividend for the fiscal year was ¥55 per share.