Stable Dividend Policy Balancing Growth Investment and Shareholder Returns
First written in FY2016. 8 of 18 entries say "Restated". Latest entry: 2026-08-05.
- 2026-08-05RestatedEarnings
「Fiscal year ending March 2027 (forecast) 16.00 — 37.00 53.00」
The forecast annual dividend of ¥53 for the fiscal year ending March 2027 was reiterated, with no revision from the most recent dividend forecast. - FY2026AdvancedAnnual report
「From the next fiscal year (the fiscal year ending March 2027), based on the shareholder return policy of the newly formulated Medium-Term Management Plan 2028 (announced on 12 May 2026), we are targeting a dividend payout ratio of 30% in the final year of the plan (the fiscal year ending March 2029), while securing growth and strategic investment to enhance corporate value over the medium to long term.」
The stable dividend and sustained dividend growth policy has been made more specific by balancing it with growth investment under Medium-Term Management Plan 2028 and a target dividend payout ratio of 30% for the fiscal year ending March 2029. - FY2024RestatedAnnual report
「We recognize enhancing corporate value and returning profits to shareholders as our most important management priorities. Our basic dividend policy is to continue paying stable dividends while considering shareholder returns and the need to build retained earnings required for sustained growth. With respect to dividends per share under Medium-Term Management Plan 2026 (the fiscal years ending March 2023 to March 2027), our policy is to pursue sustained dividend increases.」
The policy of balancing profit returns, retained earnings and stable dividends with sustained dividend increases during the period of Medium-Term Management Plan 2026 continues. - FY2023RaisedAnnual report
「With respect to dividends per share under Medium-Term Management Plan 2026 (the fiscal years ending March 2023 to March 2027), our policy is to pursue sustained dividend increases.」
In addition to the previous stable dividend policy, a policy of sustained dividend increases during the period of Medium-Term Management Plan 2026 was explicitly stated. - FY2022RestatedAnnual report
「We recognize enhancing corporate value and returning profits to shareholders as our most important management priorities. With respect to our dividend policy, we will strive to pay stable dividends while considering shareholder returns and the need to build retained earnings required for sustained growth.」
The dividend policy balancing profit returns, retained earnings, sustained growth and stable dividends continues. - FY2021RestatedAnnual report
「The Group's basic financial strategy is to balance strengthening its financial position with investment for business growth and strategically allocate management resources to enhance corporate value.」
The financial strategy explicitly sets out the objective of balancing a stronger financial base, investment in business growth and enhanced shareholder value. - FY2019ReframedAnnual report
「Enhancing shareholder value: pursuing stronger shareholder returns alongside further strengthening the financial base」
In addition to the previous stable dividend policy, the medium- to long-term management policy explicitly identified strengthening the financial base and increasing shareholder returns as pillars of shareholder value enhancement. - FY2018RestatedAnnual report
「We recognize enhancing corporate value and returning profits to shareholders as our most important management priorities. With respect to our dividend policy, we will strive to pay stable dividends while considering shareholder returns and the need to build retained earnings required for sustained growth.」
The dividend policy of balancing corporate value enhancement, profit returns, retained earnings and stable dividends is maintained. - FY2017RestatedAnnual report
「We recognize enhancing corporate value and returning profits to shareholders as our most important management priorities. With respect to our dividend policy, we will strive to pay stable dividends while considering shareholder returns and the need to build retained earnings required for sustained growth.」
The policy of balancing corporate value enhancement, profit returns, retained earnings required for growth investment and stable dividends is maintained. - FY2016First statedAnnual report
「We recognize enhancing corporate value and returning profits to shareholders as our most important management priorities. With respect to our dividend policy, we will strive to pay stable dividends while considering shareholder returns and the need to build retained earnings required for sustained growth.」
The dividend policy sets out corporate value enhancement, shareholder returns, retained earnings required for growth and stable dividends.