Stable, Consistent Performance-Linked Dividends
First written in FY2016. 9 of 27 entries say "Restated". Latest entry: 2026-08-07.
- 2026-08-07RaisedEarnings
「Fiscal year ending March 2027 (forecast) 11.00 — 12.00 23.00」
The annual dividend forecast for the fiscal year ending March 2027 is ¥23, above the ¥21 annual dividend for the fiscal year ended March 2026, and this plan remains in place. - FY2026Reduction in annual dividends and introduction of DOEAnnual report
「Regarding returns to shareholders, under a stable and highly predictable shareholder-return policy, we will use DOE in addition to the dividend payout ratio as an indicator and work to increase shareholder value through sustainable earnings growth and improved capital efficiency.」
While maintaining the stable and sustainable dividend policy, the company stated that it would newly use DOE in addition to the dividend payout ratio as a return indicator. The annual dividend is expected to decrease from ¥30 per share in the previous fiscal year to ¥21, comprising an interim dividend of ¥5 and a year-end dividend of ¥16. - FY2026-H1Reduction in interim dividendAnnual report
「At a meeting of the Board of Directors held on 10 November 2025, the following resolution was passed concerning the interim dividend for the current period.」
An interim dividend of ¥5 per share, totaling ¥679 million, was approved, a reduction from the previous year's interim dividend of ¥7 per share. No change in the stable and sustainable performance-linked dividend policy itself was indicated. - FY2025RaisedAnnual report
「11 November 2024 949 7.0 Board of Directors resolution 25 June 2025 3,124 23.0 Annual General Meeting of Shareholders resolution」
The interim dividend was ¥7 per share, the year-end dividend was ¥23, and the annual dividend was ¥30, an increase from the previous year's annual dividend of ¥24. The stable and sustainable performance-linked dividend policy was maintained. - FY2025-H1Increase in interim dividendAnnual report
「At a meeting of the Board of Directors held on 11 November 2024, the following resolution was passed concerning the interim dividend for the current period.」
An interim dividend of ¥7 per share, totaling ¥949 million, was approved, an increase from the previous year's interim dividend of ¥6 per share. No change in the stable and sustainable performance-linked dividend policy itself was indicated. - FY2024RaisedAnnual report
「The return of profits to shareholders is positioned as one of the company's most important issues. Our basic policy is to pay appropriate dividends in a stable and sustained manner in line with business performance, while securing retained earnings necessary for business expansion and strengthening our management foundation.」
While maintaining the policy of stable and sustainable performance-linked dividends, the annual dividend increased from ¥22 to ¥24 per share. The interim dividend was ¥6 and the year-end dividend was ¥18. - FY2024-Q2Increase in interim dividendAnnual report
「At a meeting of the Board of Directors held on 30 October 2023, the following resolution was passed concerning the interim dividend for the current period.」
An interim dividend of ¥6 per share, totaling ¥659 million, was approved, an increase from the previous year's interim dividend of ¥4 per share. No change in the stable and sustainable dividend policy itself was indicated. - FY2023RaisedAnnual report
「The dividends from surplus relating to the current fiscal year are as follows.」
The interim dividend was ¥4 per share and the year-end dividend was ¥18 per share, resulting in an annual dividend of ¥22, including a ¥2 commemorative dividend for the company's 50th anniversary. This was an increase from the previous year's annual dividend of ¥18. The stable, sustainable, performance-linked dividend policy itself continued. - FY2023-Q3RestatedAnnual report
「At the Board of Directors meeting held on 31 October 2022, the following resolution was passed concerning the interim dividend for the current fiscal year.」
The interim dividend was ¥4 per share, totaling ¥437 million, the same level as the previous year's interim dividend. No change in the stable and sustainable dividend policy was disclosed. - FY2023-Q2RestatedAnnual report
「At the Board of Directors meeting held on 31 October 2022, the following resolution was passed concerning the interim dividend for the current fiscal year.」
An interim dividend of ¥4 per share, totaling ¥437 million, was approved. The previous year's interim dividend was also ¥4 per share, reaffirming the stable and sustainable dividend policy and dividend level. - FY2022Increase in annual dividendsAnnual report
「The dividends from surplus relating to the current fiscal year are as follows.」
The dividend policy was maintained. The interim dividend was ¥4 per share, unchanged from the previous fiscal year, while the year-end dividend was ¥14 and the annual dividend was ¥18, an increase from the previous year's annual dividend of ¥14. - FY2021Reduction in annual dividendAnnual report
「During the current period, we advanced efforts to secure stable profitability and rebuild our financial position in order to establish a structure capable of overcoming changes in the external environment through our own financial strength. In terms of profitability in particular, we were able to secure stable profitability by formulating business plans based on rigorous profitability assessments and achieving steady cost reductions.」
The dividend policy itself continued, but the interim dividend for the current fiscal year was ¥4 per share, the year-end dividend was ¥10, and the annual dividend was ¥14, down from ¥19 in the previous fiscal year. - FY2021-Q2Reduction in interim dividendAnnual report
「At a meeting of the Board of Directors held on 30 October 2020, the Company passed the following resolution concerning the interim dividend for the current fiscal year.」
An interim dividend of ¥4 per share, totaling ¥434 million, was approved, a reduction from the previous year's interim dividend of ¥6 per share. No change in the stable and sustainable dividend policy itself was disclosed. - FY2020RaisedAnnual report
「The return of profits to shareholders is positioned as one of the company's most important issues. Our basic policy is to pay appropriate dividends in a stable and sustained manner in line with business performance, while securing retained earnings necessary for business expansion and strengthening our management foundation. Dividends of ¥6.0 per share were approved on 28 October 2019 and ¥13.0 per share on 29 June 2020.」
While maintaining the policy of stable and sustainable performance-linked dividends, the interim dividend increased from ¥5 to ¥6 per share, the year-end dividend from ¥11 to ¥13, and the annual dividend from ¥16 to ¥19. - FY2020-Q2Increase in interim dividendAnnual report
「At a meeting of the Board of Directors held on 28 October 2019, the following resolution was passed concerning the interim dividend for the current period.」
An interim dividend of ¥6 per share, totaling ¥650 million, was approved, an increase from the previous year's interim dividend of ¥5 per share. No change in the stable and sustainable dividend policy itself was disclosed. - FY2020-Q1RestatedAnnual report
「26 June 2019 Annual General Meeting of Shareholders Common shares 1,192 11 31 March 2019 27 June 2019 Retained earnings」
As the year-end dividend for the fiscal year ended March 2019, a total dividend of ¥1,192 million, equivalent to ¥11 per share, was paid on common shares. No change in the policy of stable and sustainable dividends was disclosed. - FY2019RestatedAnnual report
「The return of profits to shareholders is positioned as one of the company's most important issues. Our basic policy is to pay appropriate dividends in a stable and sustained manner in line with business performance, while securing retained earnings necessary for business expansion and strengthening our management foundation.」
Interim dividends of ¥5, year-end dividends of ¥11, and annual dividends of ¥16 per share were paid, continuing the policy of stable, sustainable, and performance-linked dividends. - FY2019-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 29 October 2018, the following resolution was passed concerning the interim dividend for the current period.」
An interim dividend of ¥5 per share, totaling ¥541 million, was approved. No change in the policy of stable and sustainable dividends itself was disclosed. - FY2019-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 29 October 2018, the following resolution was passed concerning the interim dividend for the current period.」
An interim dividend of ¥5 per share, totaling ¥541 million, was approved. No change in the policy of stable and sustainable dividends itself was disclosed. - FY2019-Q1RestatedAnnual report
「28 June 2018 Annual General Meeting of Shareholders Common shares 1,190 11 31 March 2018 28 June 2018 Retained earnings」
For common shares, a total dividend of ¥1,190 million was paid, equivalent to ¥11 per share. No change in the dividend policy itself was disclosed. - FY2018-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 23 October 2017, the following resolution was passed concerning the interim dividend for the current period.」
An interim dividend of ¥5 per share, totaling ¥540 million, was approved. This restates the information disclosed in the previous quarterly report and does not indicate any change in the dividend policy itself. - FY2018-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 23 October 2017, the following resolution was passed concerning the interim dividend for the current period.」
An interim dividend of ¥5 per share, totaling ¥540 million, was approved. The dividend reflects the policy of stable and sustainable distributions. - FY2016First statedAnnual report
「Our basic policy is to pay appropriate dividends in a stable and sustained manner in line with business performance, while securing retained earnings necessary for business expansion and strengthening our management foundation.」
The basic policy is to pay dividends twice a year, as an interim dividend and a year-end dividend, with an emphasis on balancing retained earnings and renewed growth.