Shareholder Returns Through Dividends and Share Buybacks
First written in FY2017-Q1. 21 of 33 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2026.
8 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「In the following fiscal year, under the current medium-term management plan, the Company will continue to reduce market risk. In light of the fact that capital efficiency has consistently exceeded the cost of capital, it has raised the dividend payout ratio to 50% or higher and abolished the total payout ratio target.」
From the fiscal year ending March 2027, the Company will raise the dividend payout ratio from 45% or higher to 50% or higher, while abolishing the medium-term average total payout ratio target of 50% and restructuring its shareholder return policy around dividends. - FY2026-H1AdvancedAnnual report
「Expenditures for treasury share purchases △50,000 Dividends paid △69,719」
During the current interim period, the Company purchased ¥50,000 million of treasury shares and paid dividends of ¥69,719 million, continuing shareholder returns through dividends and treasury share purchases. - FY2025RaisedAnnual report
「In the following fiscal year, in light of steady progress in initiatives to improve capital efficiency, the Company has raised the dividend payout ratio to 45% or higher.」
The Company raised the dividend payout ratio from the previous level of 40% or higher each fiscal year to 45% or higher each fiscal year, effective from the fiscal year ending March 2026. The policy of targeting a medium-term average total payout ratio of 50% and providing additional returns through treasury share purchases remains in place. - FY2025-H1AdvancedAnnual report
「14 November 2024 Board of Directors Common shares 56,135 61 2024 30 September 2024 5 December Retained earnings」
The Company paid a dividend of ¥113 per share for the fiscal year ended March 2024 and decided on an interim dividend of ¥61 per share, totaling ¥56,135 million, for the current interim period. In addition, it recorded ¥101,849 million in expenditures for treasury share purchases, continuing shareholder returns through dividends and treasury share purchases. - FY2024RaisedAnnual report
「During the period covered by the 2024–2026 medium-term management plan, the Company has raised the dividend payout ratio to 40% or higher and plans to apply the new policy early, beginning with the dividend for the current fiscal year.」
The Company raised its dividend payout ratio policy from the previous level of 30% or higher to 40% or higher, and continued its policy of combining a medium-term average total payout ratio target of 50% with treasury share purchases. - FY2024-Q3AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors meeting held on 15 May 2023, the Company has acquired treasury shares based on Article 156 of the Companies Act, as applied mutatis mutandis under Article 165, paragraph 3 of the same Act. Treasury shares increased by ¥54,818 million during the nine-month period ended 31 December 2023.」
Treasury share purchases under the resolution of 15 May 2023 progressed, with purchases during the nine-month period totaling ¥54,818 million. In June 2023, the Company also paid a dividend of ¥86 per share, totaling ¥84,554 million. - FY2024-Q1AdvancedAnnual report
「26 June 2023 Annual General Meeting of Shareholders Common shares 84,554 86 31 March 2023 27 June 2023 Retained earnings」
A dividend for the fiscal year ended March 2023 was paid in the total amount of ¥84,554 million, or ¥86 per share. The dividend per share increased from ¥83 in the previous fiscal year. - FY2023-Q3AdvancedAnnual report
「Pursuant to Article 156 of the Companies Act, as applied with the necessary modifications under Article 165, Paragraph 3 of that Act, the Company acquired treasury shares based on a resolution of the Board of Directors at its meeting held on 12 May 2022, increasing treasury shares by ¥26,564 million during the nine-month consolidated period.」
The acquisition of treasury shares under the resolution of 12 May 2022 progressed, with treasury shares increasing by ¥2,656.4 million during the nine-month period. In June 2022, the Company also paid dividends of ¥83 per share, totaling ¥8,503 million. - FY2022RaisedAnnual report
「In addition to setting the dividend payout ratio at 30% or more of the average group adjusted profit (Note 1) over the past 3 years, the Company will use a medium-term average total payout ratio of 50% as a guideline and strategically consider and implement additional returns in a timely and flexible manner.」
The shareholder-return policy was raised from the previous target total payout ratio of approximately 40% to a dividend payout ratio of at least 30% and a medium-term average total payout ratio of 50%. For the fiscal year ended March 2022, the dividend was increased to ¥83 per share and a ceiling of ¥12,000 million was set for treasury-share acquisitions. - FY2022-Q3AdvancedAnnual report
「Pursuant to Article 156 of the Companies Act, as applied with the necessary modifications under Article 165, Paragraph 3 of that Act, the Company acquired treasury shares based on a resolution of the Board of Directors at its meeting held on 31 March 2021. As a result, treasury shares increased by ¥142,884 million during the nine-month consolidated period. The Company also retired treasury shares during the nine-month consolidated period, reducing retained earnings and treasury shares by ¥147,332 million each.」
The acquisition of treasury shares reached ¥14,288.4 million during the nine-month period, and treasury shares were also retired. The capital policy progressed concretely through dividends, share acquisitions and share retirements. - FY2022-Q2AdvancedAnnual report
「Expenditure for the acquisition of treasury shares △89,389 Dividends paid △68,644」
During the interim period, ¥8,938.9 million was recorded as expenditure for the acquisition of treasury shares, and in June 2021 the Company paid dividends of ¥62 per share, totaling ¥6,883.3 million. Shareholder returns through dividends and treasury-share acquisitions continued. - FY2022-Q1AdvancedAnnual report
「21 June 2021; Annual General Meeting of Shareholders; common shares; 68,833; 62; 31 March 2021; 22 June 2021; retained earnings Pursuant to Article 156 of the Companies Act, as applied with the necessary modifications under Article 165, Paragraph 3 of that Act, the Company acquired treasury shares based on a resolution of the Board of Directors at its meeting held on 31 March 2021. As a result, treasury shares increased by ¥30,833 million during the three-month consolidated period. The Company also retired treasury shares during the three-month consolidated period, reducing retained earnings and treasury shares by ¥147,332 million each.」
In June 2021, the Company paid dividends of ¥62 per share, totaling ¥6,883.3 million. In addition, it acquired and retired treasury shares, marking concrete progress in shareholder returns and capital policy. - FY2021-Q3AdvancedAnnual report
「Pursuant to Article 156 of the Companies Act, as applied with the necessary modifications under Article 165, Paragraph 3 of that Act, the Company acquired treasury shares based on a resolution of the Board of Directors at its meeting held on 12 August 2020. As a result, treasury shares increased by ¥29,999 million during the nine-month consolidated period, bringing treasury shares to ¥156,019 million at the end of the nine-month consolidated accounting period.」
The acquisition of treasury shares under the resolution of 12 August 2020 progressed, with treasury shares increasing by ¥2,999.9 million during the nine-month period and reaching ¥15,601.9 million at period-end. - FY2021-Q2AdvancedAnnual report
「Expenditure for the acquisition of treasury shares △29,999」
During the interim period, ¥2,999.9 million was recorded as expenditure for the acquisition of treasury shares. In June 2020, the Company also paid dividends of ¥62 per share, totaling ¥7,000.1 million, continuing shareholder returns through dividends and treasury-share acquisitions. - FY2021-Q1AdvancedAnnual report
「22 June 2020; Annual General Meeting of Shareholders; common shares; 70,001; 62; 31 March 2020; 23 June 2020; retained earnings」
In June 2020, the Company paid dividends for the fiscal year ended March 2020 totaling ¥7,000.1 million, or ¥62 per share. - FY2020AdvancedAnnual report
「The dividend per share for the consolidated fiscal year was set at ¥62, an increase of ¥4 from the previous consolidated fiscal year, as initially forecast. Regarding the acquisition of treasury shares for the consolidated fiscal year, the Company will consider using ¥3,000 million as the assumed funding source, but as of the filing date it had deferred a decision, including the amount, pending assessment of the situation surrounding the containment of COVID-19, and will make a decision by the end of 2020.」
While the dividend was increased to ¥62 per share, the Company assumed ¥3,000 million for the acquisition of treasury shares but deferred a decision in light of the COVID-19 situation. - FY2020-Q3AdvancedAnnual report
「Pursuant to Article 156 of the Companies Act, as applied with the necessary modifications under Article 165, Paragraph 3 of that Act, the Company acquired treasury shares based on a resolution of the Board of Directors at its meeting held on 15 May 2019. As a result, treasury shares increased by ¥22,498 million during the nine-month consolidated period, bringing treasury shares to ¥120,878 million at the end of the nine-month consolidated accounting period.」
The acquisition of treasury shares under the resolution of 15 May 2019 continued, with treasury shares increasing by ¥2,249.8 million during the nine-month period and reaching ¥12,087.8 million at period-end. - FY2020-Q2AdvancedAnnual report
「Expenditure for the acquisition of treasury shares △12,598」
During the interim period, ¥1,259.8 million was recorded as expenditure for the acquisition of treasury shares. In June 2019, the Company also paid dividends of ¥58 per share, totaling ¥6,644.2 million, continuing shareholder returns through dividends and treasury-share acquisitions. - FY2020-Q1AdvancedAnnual report
「Pursuant to Article 156 of the Companies Act, as applied with the necessary modifications under Article 165, Paragraph 3 of that Act, the Company acquired treasury shares based on a resolution of the Board of Directors at its meeting held on 15 May 2019. As a result, treasury shares increased by ¥5,399 million during the three-month consolidated period, bringing treasury shares to ¥103,831 million at the end of the three-month consolidated accounting period.」
The acquisition of treasury shares under the resolution of 15 May 2019 continued during the first quarter, increasing treasury shares by ¥539.9 million. Shareholder returns through dividends and treasury-share acquisitions continued. - FY2019AdvancedAnnual report
「Shareholder returns are based on stable dividends. During the 2018–20 Medium-Term Management Plan, “CONNECT 2020,” the Company aims for a total payout ratio of 40% of group adjusted profit (Note 1) (Note 2), while enhancing shareholder returns in line with profit growth. The Company will consider acquiring treasury shares in light of business performance, its capital position and other factors.」
The target total payout ratio of 40% was carried forward into the CONNECT 2020 period, and in the fiscal year ended March 2019 the Company paid a dividend of ¥58 per share and acquired approximately ¥3,900 million of treasury shares. - FY2019-Q3AdvancedAnnual report
「Pursuant to Article 156 of the Companies Act, as applied with the necessary modifications under Article 165, Paragraph 3 of that Act, the Company acquired treasury shares based on a resolution of the Board of Directors at its meeting held on 15 May 2018, increasing treasury shares by ¥26,998 million during the nine-month consolidated period.」
The acquisition of treasury shares under the resolution of 15 May 2018 progressed, with treasury shares increasing by ¥2,699.8 million during the nine-month period and reaching ¥8,666.4 million at period-end. - FY2019-Q2AdvancedAnnual report
「Cash outflow for the acquisition of treasury shares」
During the interim consolidated accounting period, ¥899.9 million was recorded as expenditure for the acquisition of treasury shares. Dividends of ¥50 per share, totaling ¥5,823.9 million, were paid in June 2018, continuing shareholder returns through dividends and treasury-share acquisitions. - FY2019-Q1AdvancedAnnual report
「25 June 2018; Annual General Meeting of Shareholders; common shares; 58,239; 50; 31 March 2018; 26 June 2018; retained earnings」
For the fiscal year ended March 2018, total dividends of ¥5,823.9 million, or ¥50 per share, were paid. This was an increase from the previous year's ¥43 per share. - FY2018-Q3AdvancedAnnual report
「Pursuant to Article 156 of the Companies Act, as applied with the necessary modifications under Article 165, Paragraph 3 of that Act, the Company acquired treasury shares based on a resolution of the Board of Directors at its meeting held on 15 May 2017. As a result, treasury shares increased by ¥14,998 million during the nine-month consolidated period, bringing treasury shares to ¥52,098 million at the end of the nine-month consolidated accounting period.」
The acquisition of treasury shares under the resolution of 15 May 2017 progressed, with an increase of ¥1,499.8 million during the nine-month period and treasury shares of ¥5,209.8 million at period-end. - FY2018-Q1AdvancedAnnual report
「26 June 2017; Annual General Meeting of Shareholders; common shares; 50,531; 43; 31 March 2017; 27 June 2017; retained earnings」
For the fiscal year ended March 2017, total dividends of ¥5,053.1 million, or ¥43 per share, were paid. This was an increase from the previous year's ¥35 per share. - FY2017RaisedAnnual report
「During the 2015–17 Medium-Term Management Plan, “D-Ambitious,” the Company aims to increase the total payout ratio to approximately 40% of group adjusted profit (Note 1) (Note 2), while seeking to expand shareholder returns in line with profit growth.」
The shareholder-return policy was made more specific by adding a numerical target of approximately 40% for the total payout ratio during the D-Ambitious period to the existing policy of stable dividends and treasury-share acquisitions. - FY2017-Q3RestatedAnnual report
「Pursuant to Article 156 of the Companies Act, as applied with the necessary modifications under Article 165, Paragraph 3 of that Act, the Company acquired treasury shares based on a resolution of the Board of Directors at its meeting held on 13 May 2016. As a result, treasury shares increased by ¥15,999 million during the nine-month consolidated period, bringing treasury shares to ¥37,499 million at the end of the nine-month consolidated accounting period.」
Shareholder returns through the acquisition of treasury shares continued in addition to dividends. - FY2017-Q2RestatedAnnual report
「Dividends from surplus; ¥41,497 million; dividend per share: ¥35」
The disclosure stated that dividends were paid for the fiscal year ended March 2016. During the interim period, ¥15,999 million was also recorded for the acquisition of treasury shares, continuing shareholder returns through dividends and share buybacks. - FY2017-Q1First statedAnnual report
「24 June 2016 Annual General Meeting of Shareholders; common shares; ¥41,497 million; dividend per share: ¥35」
In addition to the dividend results for the fiscal year ended March 2016, the disclosure stated that the Board of Directors resolved on 13 May 2016 to acquire 11,695,500 treasury shares.