Komori
Tokyu (9005) · TargetRaised

Stable dividend targeting a consolidated dividend-on-equity ratio of 2%

First written in FY2016. 18 of 30 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2026.

30entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2017-Q2 – FY2020-Q2RaisedFY2024 – FY20262016: 220162017: 220172018: 320182019: 320192020: 320202021: 420212022: 220222023: 220232024: 320242025: 220252026: 42026
Same theme, other companies
Dividend policy based on consolidated dividend-on-equity ratio and payout ratio criteriaA theme 317 companies write about · 0 as a headwind · 328 as a tailwind
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 196 companies compared. The sentences above are computed from all 196.Comparing 200 of the theme's 330 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2026RaisedAnnual report

    「Regarding shareholder returns, we will focus for the time being on a total payout ratio of 40%, taking into account business performance and cash conditions. We will pay an annual dividend of ¥30 for fiscal 2025 and, for fiscal 2026, in addition to forecasting an annual dividend of ¥32, an increase of ¥2, we resolved to acquire treasury shares up to a maximum of ¥20 billion and 13 million shares.」

    The company indicated a policy of paying an annual dividend of ¥30 for fiscal 2025 and increasing it to ¥32 for fiscal 2026. The policy has expanded from focusing on a 30% dividend payout ratio to targeting a total payout ratio of 40% for the time being.
  3. FY2026-H1AdvancedAnnual report

    「27 June 2025 Annual General Meeting of Shareholders Common shares (Note) 7,524 13.0 31 March 2025 30 June 2025 Retained earnings At a meeting of the board of directors held on 11 November 2025, the company resolved as follows concerning the interim dividend for the fiscal year: (a) Total interim dividends: ¥8,046 million (b) Dividend per share: ¥14.0 (c) Effective date for dividend claims and payment commencement date: 5 December 2025」

    The company paid a year-end dividend of ¥13 per share for fiscal 2025 and resolved to pay an interim dividend of ¥8.046 billion in total, or ¥14 per share.
  4. FY2025AdvancedAnnual report

    「Regarding shareholder returns, we intend to raise dividend levels by making substantial investments, steadily accumulating profits, and using those profits as the source of dividends. We will pay an annual dividend of ¥24 for fiscal 2024. For fiscal 2025, we plan to pay an annual dividend of ¥28, an increase of ¥4.」

    The company set the annual dividend at ¥24 for fiscal 2024 and indicated a policy of increasing it by ¥4 to ¥28 for fiscal 2025. It continues to focus over the medium to long term on a dividend payout ratio of 30%.
  5. FY2025-H1AdvancedAnnual report

    「27 June 2024 Annual General Meeting of Shareholders Common shares (Note) 6,003 10.0 31 March 2024 28 June 2024 Retained earnings At a meeting of the board of directors held on 8 November 2024, the company resolved as follows concerning the interim dividend for the fiscal year: (a) Total interim dividends: ¥6,603 million (b) Dividend per share: ¥11.0 (c) Effective date for dividend claims and payment commencement date: 5 December 2024」

    The company paid a year-end dividend of ¥10 per share for fiscal 2024 and resolved to pay an interim dividend of ¥6.603 billion in total, or ¥11 per share.
  6. FY2024RaisedAnnual report

    「Our dividend policy is to continue stable dividends and pursue sustained increases in dividends in line with earnings growth, with a minimum dividend of ¥21 during the period covered by the three-year medium-term management plan. Based on this policy, we plan to pay an annual dividend of ¥22 in fiscal 2024. Over the medium to long term, we will also focus on a dividend payout ratio of 30%, taking into account business performance and cash conditions.」

    The policy has been raised from planning for an annual dividend of ¥15 to targeting a minimum of ¥21 during the medium-term plan period, ¥22 in fiscal 2024, and a dividend payout ratio of 30%.
  7. FY2024-Q3Cited as achievedAnnual report

    「At a meeting of the Board of Directors held on 8 November 2023, the company resolved as follows regarding the interim dividend for the current period.」

    The resolution concerning the fiscal 2023 interim dividend, totaling ¥4,502 million, or ¥7.5 per share, with payments commencing on 5 December 2023, is restated as part of the results.
  8. FY2024-Q2AdvancedAnnual report

    「At a meeting of the board of directors held on 8 November 2023, the company resolved as follows concerning the interim dividend for the fiscal year: (a) Total interim dividends: ¥4,502 million (b) Dividend per share: ¥7.5 (c) Effective date for dividend claims and payment commencement date: 5 December 2023」

    The board of directors resolved to pay an interim dividend for fiscal 2023 of ¥4,502 million in total, or ¥7.5 per share, with payments commencing on 5 December 2023.
  9. FY2023-Q3Cited as achievedAnnual report

    「At a meeting of the board of directors held on 14 November 2022, the company resolved as follows concerning the interim dividend for the fiscal year: (a) Total interim dividends: ¥4,538 million (b) Dividend per share: ¥7.5 (c) Effective date for dividend claims and payment commencement date: 7 December 2022」

    The resolution concerning the fiscal 2022 interim dividend, totaling ¥4,538 million, or ¥7.5 per share, with payments commencing on 7 December 2022, is stated as part of the results.
  10. FY2023-Q2AdvancedAnnual report

    「At a meeting of the board of directors held on 14 November 2022, the company resolved as follows concerning the interim dividend for the fiscal year: (a) Total interim dividends: ¥4,538 million (b) Dividend per share: ¥7.5 (c) Effective date for dividend claims and payment commencement date: 7 December 2022」

    The board of directors resolved to pay an interim dividend for fiscal 2022 of ¥4,538 million in total, or ¥7.5 per share, with payments commencing on 7 December 2022.
  11. FY2023-Q1Cited as achievedAnnual report

    「29 June 2022 Annual General Meeting of Shareholders Common shares (Note) 4,538 7.5 31 March 2022 30 June 2022 Retained earnings」

    Based on a resolution at the Annual General Meeting of Shareholders held on 29 June 2022, the company paid a year-end dividend of ¥4,538 million in total, or ¥7.5 per share.
  12. FY2022-Q2AdvancedAnnual report

    「At a meeting of the board of directors held on 9 November 2021, the company resolved as follows concerning the interim dividend for the fiscal year: (a) Total interim dividends: ¥4,538 million (b) Dividend per share: ¥7.5 (c) Effective date for dividend claims and payment commencement date: 2 December 2021」

    The company resolved to pay an interim dividend of ¥4,538 million in total, or ¥7.5 per share, with payments commencing on 2 December 2021.
  13. FY2022-Q1Cited as achievedAnnual report

    「29 June 2021 Annual General Meeting of Shareholders Common shares (Note) 3,023 5.0 31 March 2021 30 June 2021 Retained earnings」

    The results state that, based on a resolution at the Annual General Meeting of Shareholders held on 29 June 2021, the company paid a year-end dividend of ¥3,023 million in total, or ¥5.0 per share, on 30 June 2021.
  14. FY2021ReframedAnnual report

    「Regarding profit allocation, our basic policy is to continue stable dividends and, over the medium to long term, aim to return capital to shareholders with a dividend payout ratio of at least 30%, taking into account financial soundness, capital efficiency and the status of free cash flow, while also considering the total payout ratio. For fiscal 2021, based on this policy, we plan to pay an annual dividend of ¥15, as in fiscal 2020.」

    The policy has changed from targeting a 2% consolidated dividend-on-equity ratio to focusing on stable dividends, a dividend payout ratio of at least 30% and the total payout ratio, while the annual dividend has declined to ¥15.
  15. FY2021-Q3Cited as achievedAnnual report

    「10 November 2020 Board of Directors Common shares (Note 2) 6,046 10.0 30 September 2020 3 December 2020 Retained earnings」

    For the interim dividend effective 3 December 2020, the results state total dividend payments of ¥6,046 million, or ¥10.0 per share.
  16. FY2021-Q2AdvancedAnnual report

    「At a meeting of the board of directors held on 10 November 2020, the company resolved as follows concerning the interim dividend for the fiscal year: (a) Total interim dividends: ¥6,046 million (b) Dividend per share: ¥10.0 (c) Effective date for dividend claims and payment commencement date: 3 December 2020」

    The company resolved to pay an interim dividend of ¥6,046 million in total, or ¥10.0 per share, with payments commencing on 3 December 2020.
  17. FY2021-Q1AdvancedAnnual report

    「26 June 2020 Annual General Meeting of Shareholders Common shares (Note) 6,651 11.0 31 March 2020 29 June 2020 Retained earnings」

    Based on a resolution at the Annual General Meeting of Shareholders held on 26 June 2020, the company paid a dividend of ¥6,651 million in total, or ¥11.0 per share.
  18. FY2020-Q3Cited as achievedAnnual report

    「At a meeting of the board of directors held on 11 November 2019, the company resolved as follows concerning the interim dividend for the fiscal year: (a) Total interim dividends: ¥7,311 million (b) Dividend per share: ¥12.0 (ordinary dividend ¥10.0, commemorative dividend ¥2.0) (c) Effective date for dividend claims and payment commencement date: 3 December 2019」

    The results state the resolution for an interim dividend of ¥7,311 million in total, or ¥12.0 per share (ordinary dividend ¥10.0 and commemorative dividend ¥2.0), with payments commencing on 3 December 2019.
  19. FY2020-Q2AdvancedAnnual report

    「At a meeting of the board of directors held on 11 November 2019, the company resolved as follows concerning the interim dividend for the fiscal year: Total interim dividends: ¥7,311 million Dividend per share: ¥12.0 (ordinary dividend ¥10.0, commemorative dividend ¥2.0) Effective date for dividend claims and payment commencement date: 3 December 2019」

    The company resolved to pay an interim dividend of ¥7,311 million in total, or ¥12.0 per share (ordinary dividend ¥10.0 and commemorative dividend ¥2.0).
  20. FY2020-Q1AdvancedAnnual report

    「27 June 2019 Annual General Meeting of Shareholders Common shares (Note) 6,093 10.0 31 March 2019 28 June 2019 Retained earnings」

    Based on a resolution at the Annual General Meeting of Shareholders held on 27 June 2019, the company paid a dividend of ¥6,093 million in total, or ¥10.0 per share.
  21. FY2019-Q3AdvancedAnnual report

    「9 November 2018 Board of Directors Common shares (Note 2) 6,096 10.0 30 September 2018 4 December 2018 Retained earnings」

    For the interim dividend effective 4 December 2018, the results state total dividend payments of ¥6,096 million, or ¥10.0 per share.
  22. FY2019-Q2AdvancedAnnual report

    「At a meeting of the board of directors held on 9 November 2018, the company resolved as follows concerning the interim dividend for the fiscal year: (a) Total interim dividends: ¥6,096 million (b) Dividend per share: ¥10.0 (c) Effective date for dividend claims and payment commencement date: 4 December 2018」

    The company passed a specific resolution setting the interim dividend at ¥6,096 million in total, or ¥10.0 per share, with payments commencing on 4 December 2018.
  23. FY2019-Q1AdvancedAnnual report

    「28 June 2018 Annual General Meeting of Shareholders Common shares (Note) 6,096 10.0 31 March 2018 29 June 2018 Retained earnings」

    Based on a resolution at the Annual General Meeting of Shareholders held on 28 June 2018, the company paid a dividend of ¥6,096 million in total, or ¥10.0 per share.
  24. FY2018-Q3AdvancedAnnual report

    「At a meeting of the board of directors held on 10 November 2017, the company resolved as follows concerning the interim dividend for the fiscal year: (a) Total interim dividends: ¥5,486 million (b) Dividend per share: ¥9.0 (c) Effective date for dividend claims and payment commencement date: 5 December 2017」

    The resolution concerning the interim dividend specifies total dividends of ¥5,486 million, a dividend of ¥9.0 per share, and payment commencement on 5 December 2017.
  25. FY2018-Q2AdvancedAnnual report

    「At a meeting of the Board of Directors held on 10 November 2017, the following resolution was adopted concerning the interim dividend for the current fiscal year.」

    For the interim dividend for the fiscal year, the company resolved to pay ¥5,486 million in total, or ¥9.0 per share after the share consolidation, with payments commencing on 5 December 2017.
  26. FY2018-Q1AdvancedAnnual report

    「29 June 2017 Annual General Meeting of Shareholders Common shares (Note) 5,486 4.5 31 March 2017 30 June 2017 Retained earnings」

    Based on a resolution at the Annual General Meeting of Shareholders held on 29 June 2017, the company paid a dividend of ¥5,486 million in total, or ¥4.5 per share.
  27. FY2017-Q2AdvancedAnnual report

    「At a meeting of the board of directors held on 10 November 2016, the company resolved as follows concerning the interim dividend for the fiscal year: total interim dividends: ¥5,555 million; dividend per share: ¥4.5.」

    The company passed a specific resolution setting the interim dividend at ¥5,555 million in total, or ¥4.5 per share.
  28. FY2016First statedAnnual report

    「Our basic policy during the period covered by this management plan is to pay stable and consistent dividends, targeting a consolidated dividend-on-equity ratio of 2% (total dividends ÷ average consolidated equity during the period × 100).」

    The dividend level during the three-year medium-term management plan is stated numerically.
Moved together

"Further Promotion of Along-Line Development and the Real Estate Business" moved the same way as this thread, in the same document, in 18 of its 30 moves.

1898776★123456
  1. ★This thread
  2. 1Further Promotion of Along-Line Development and the Real Estate Business18×
  3. 2Attracting Inbound Foreign Travelers to Railway Corridors and Facilities9×
  4. 3Employee Shareholding ESOP Trust8×
  5. 4Share Repurchases to Improve Capital Efficiency7×
  6. 5Lifestyle & Workstyle Innovation7×
  7. 6EPS, ROE, ROA, Profit and Debt-Multiple Targets in the Three-Year Medium-Term Plan6×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Tokyu yet. It last moved in the Earnings presentation of 2026-05-13: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Stable dividend targeting a consolidated dividend-on-equity ratio of 2% | TOKYU CORPORATION (9005) | Komori