Stable Returns to Shareholders and Semiannual Dividends
First written in FY2016. 6 of 40 entries say "Raised", first in FY2018. Latest entry: 2026-08-05.
- FY2026Paid an annual dividend of ¥230Annual report
「The Company regards the stable return of profits to shareholders as one of its most important management priorities. With a target consolidated payout ratio of 40% and an annual minimum dividend of ¥200 per share, the Company will determine profit distributions after comprehensively considering its earnings outlook and other factors.」
The Company reaffirmed its policy of targeting a 40% payout ratio and an annual dividend floor of ¥200 per share, and paid interim, final and annual dividends of ¥115, ¥115 and ¥230 per share, respectively. - FY2026-H1Resolved an interim dividend of ¥115 per shareAnnual report
「At a board meeting held on 6 November 2025, the Company resolved the following with respect to the interim dividend for the 139th fiscal year. ① Total interim dividend: ¥48,403 million ② Dividend per share: ¥115」
The Company resolved to pay an interim dividend of ¥115 per share for the 139th fiscal year. - FY2025RaisedAnnual report
「Before the change: consolidated payout ratio 30%; minimum annual dividend per share ¥100. After the change: consolidated payout ratio 40%; minimum annual dividend per share ¥200.」
For the dividend policy from the fiscal year ending March 2026 onward, the target payout ratio was raised from 30% to 40% and the annual dividend floor from ¥100 to ¥200 per share. In addition, the Company completed share repurchases of approximately ¥130 billion by fiscal 2024 and resolved to repurchase shares for up to ¥150 billion in the following fiscal year. - FY2025-H1Resolved an interim dividend of ¥130 per shareAnnual report
「At a board meeting held on 6 November 2024, the Company resolved the following with respect to the interim dividend for the 138th fiscal year. ① Total interim dividend: ¥58,359 million ② Dividend per share: ¥130」
The Company resolved to pay an interim dividend of ¥130 per share for the 138th fiscal year. - FY2025-H1RaisedAnnual report
「In light of the Company's performance and trends in the stock market, the Company will increase the maximum total acquisition cost to further enhance shareholder returns and improve capital efficiency. Before the change: ¥100 billion (maximum). After the change: ¥130 billion (maximum).」
The maximum acquisition cost under the share repurchase programme was increased from ¥100 billion to ¥130 billion, further strengthening the policy on shareholder returns and capital efficiency. - FY2024Paid an annual dividend of ¥140 per shareAnnual report
「The interim dividend for the fiscal year was set at ¥60 per share. The final dividend was set at ¥80 per share, resulting in an annual dividend of ¥140 per share.」
The Company paid interim, final and annual dividends of ¥60, ¥80 and ¥140 per share, respectively, under a policy targeting a consolidated payout ratio of 30% and an annual dividend floor of ¥100 per share. - FY2024-Q3Paid an interim dividend of ¥60 per shareAnnual report
「At a board meeting held on 6 November 2023, the Company resolved the following with respect to the interim dividend for the 137th fiscal year. ① Total interim dividend: ¥29,497 million ② Dividend per share: ¥60 ③ Effective date of the dividend payment claim and payment commencement date: 1 December 2023」
Paid an interim dividend of ¥60 per share for the 137th fiscal year on 1 December 2023. - FY2024-Q3AdvancedAnnual report
「① Total number of shares acquired: 36,915,100 shares ② Total acquisition cost of shares: ¥141,999,335,900」
Under the ¥200 billion share repurchase programme, the Company had acquired 36,915,100 shares, at a total acquisition cost of ¥141,999,335,900, as of 31 January 2024. - FY2024-Q2¥60 Interim Dividend ApprovedAnnual report
「At a board meeting held on 6 November 2023, the Company resolved the following with respect to the interim dividend for the 137th fiscal year. ① Total interim dividend: ¥29,497 million ② Dividend per share: ¥60」
The Company resolved to pay an interim dividend of ¥60 per share for the 137th fiscal year. - FY2024-Q2AdvancedAnnual report
「Cumulative results of the share repurchase authorised by the above board resolution as of 31 October 2023 ① Total number of shares acquired: 25,900,100 shares ② Total acquisition cost of shares acquired: ¥100,299,930,300」
Under the ¥200 billion share repurchase programme, 25,900,100 shares had been acquired by 31 October 2023, for a total acquisition cost of ¥100,299,930,300. - FY2024-Q1AdvancedAnnual report
「In accordance with the policy described above, the Company will repurchase its own shares for up to ¥200 billion. The repurchased shares are scheduled to be cancelled in full.」
The Company resolved to repurchase its own shares as a shareholder-return measure under its medium-term management plan, with a maximum purchase price of ¥200 billion, a maximum of 85 million shares, and a purchase period from 4 August 2023 to 30 April 2024. - FY2024-Q1Paid a year-end dividend of ¥170Annual report
「The total dividends approved at the 21 June 2023 annual general meeting include ¥76 million in dividends on the Company's shares held by the Officers' Compensation BIP Trust Account.」
A final dividend of ¥170 per share on a post-stock-split basis, totalling ¥86,467 million, was paid on 22 June 2023 for the fiscal year ended March 2023. - FY2023RaisedAnnual report
「In the period covered by the new medium-term management plan beginning in the following consolidated fiscal year, the Company plans to raise its target consolidated dividend payout ratio to 30% and repurchase approximately ¥200.0 billion of its own shares over the two fiscal years ending March 2024 and March 2025. In addition, it plans to make additional returns flexibly, taking investment opportunities and the business environment into account.」
The Company raised its target consolidated dividend payout ratio from 25% to 30% and announced a policy of repurchasing approximately ¥200.0 billion of its own shares over two fiscal years, together with additional returns. - FY2023-Q3Paid an interim dividend of ¥1,050Annual report
「4 November 2022 Board of Directors Common shares 178,022 Retained earnings 1,050 30 September 2022 1 December 2022」
The dividend payment disclosure states that ¥1,050 per share was paid on 1 December 2022 as the interim dividend for the 136th fiscal year. - FY2023-Q2Resolved to pay an interim dividend of ¥1,050Annual report
「At a meeting of the Board of Directors held on 4 November 2022, the following resolution was passed regarding the interim dividend for the 136th fiscal year. ① Total interim dividend ¥178,022 million ② Dividend per share ¥1,050 ③ Effective date of dividend payment claim and payment commencement date 1 December 2022」
The Company resolved to pay an interim dividend of ¥1,050 per share for the 136th fiscal year. - FY2023-Q1Paid a year-end dividend of ¥1,250Annual report
「22 June 2022 Annual general meeting of shareholders (Note) Common shares 211,935 Retained earnings 1,250 31 March 2022 23 June 2022」
The Company paid ¥1,250 per share on 23 June 2022 as the year-end dividend for the fiscal year ended March 2022. - FY2022Paid an annual dividend of ¥1,450Annual report
「In addition, although the Company considered share repurchases during the fiscal year ending March 2022, it decided to make dividend payments only. It set the year-end dividend at ¥1,250 per share, resulting in an annual dividend of ¥1,450 per share when combined with the ¥200 interim dividend.」
The Company did not conduct share repurchases and paid an annual dividend of ¥1,450 per share, comprising an interim dividend of ¥200 and a year-end dividend of ¥1,250. - FY2022-Q3Paid an interim dividend of ¥200Annual report
「4 November 2021 Board of Directors Common shares 33,910 Retained earnings 200 30 September 2021 1 December 2021」
The disclosure states that ¥200 per share was paid on 1 December 2021 as the interim dividend for the 135th fiscal year. - FY2022-Q2Resolved to pay an interim dividend of ¥200Annual report
「At a meeting of the Board of Directors held on 4 November 2021, the following resolution was passed regarding the interim dividend for the 135th fiscal year. ① Total interim dividend ¥33,910 million ② Dividend per share ¥200 ③ Effective date of dividend payment claim and payment commencement date 1 December 2021」
The Company resolved to pay an interim dividend of ¥200 per share for the 135th fiscal year. - FY2022-Q1Paid a year-end dividend of ¥180Annual report
「The total dividend approved at the annual general meeting of shareholders held on 18 June 2021 includes a ¥125 million dividend on the Company’s shares held by the directors’ remuneration BIP trust account.」
On 21 June 2021, the Company paid a year-end dividend of ¥180 per share for the fiscal year ended March 2021, totaling ¥3.052 billion. - FY2021Paid an annual dividend of ¥200Annual report
「Based on these considerations, the Company set the year-end dividend for the fiscal year ending March 2021 at ¥180 per share, resulting in an annual dividend of ¥200 per share when combined with the ¥20 interim dividend.」
While maintaining its policy of targeting a consolidated dividend payout ratio of approximately 25% and an annual dividend floor of ¥20, the Company set the annual dividend at ¥200 per share in light of improved business performance. - FY2021-Q3Payment of Interim DividendAnnual report
「At a meeting of the Board of Directors held on 5 November 2020, the following resolution was passed regarding the interim dividend for the 134th fiscal year. ① Total interim dividend ¥3,391 million ② Dividend per share ¥20 ③ Effective date of dividend payment claim and payment commencement date 2 December 2020」
The Company paid ¥20 per share as the interim dividend for the 134th fiscal year. - FY2021-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 5 November 2020, the following resolution was passed regarding the interim dividend for the 134th fiscal year.」
The Company resolved to pay an interim dividend of ¥20 per share for the 134th fiscal year, continuing its policy of stable profit returns. - FY2020¥40 annual dividend paidAnnual report
「Based on these considerations, the Company set the year-end dividend for the fiscal year ending March 2020 at ¥20 per share, resulting in an annual dividend of ¥40 per share when combined with the ¥20 interim dividend.」
The Company paid a ¥20 interim dividend and a ¥20 year-end dividend, resulting in an annual dividend of ¥40 per share. - FY2020-Q3Payment of a ¥20 interim dividendAnnual report
「At a meeting of the Board of Directors held on 31 October 2019, the following resolution was passed regarding the interim dividend for the 133rd fiscal year. ① Total interim dividend ¥3,391 million ② Dividend per share ¥20 ③ Effective date of dividend payment claim and payment commencement date 26 November 2019」
The disclosure states that ¥20 per share was paid for the interim dividend for the 133rd fiscal year. - FY2020-Q2Resolved an interim dividend of ¥20Annual report
「At a meeting of the Board of Directors held on 31 October 2019, the following resolution was passed regarding the interim dividend for the 133rd fiscal year. ① Total interim dividend: ¥3,391 million ② Dividend per share: ¥20」
The Company resolved to pay an interim dividend of ¥20 per share for the 133rd fiscal year. - FY2019Set an explicit annual dividend floor of ¥20Annual report
「In addition, the Company established the continuation of a minimum dividend unaffected by fluctuations in business performance as its basic policy, setting ¥20 per share annually as the floor for the time being.」
In addition to its policy of targeting a consolidated dividend payout ratio of approximately 25%, the Company explicitly set ¥20 per year as the minimum dividend for the time being and paid an annual dividend of ¥20 for the fiscal year. - FY2019-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 31 October 2018, the following resolution was passed regarding the interim dividend for the 132nd fiscal year.」
The Company continued its interim dividend and resolved to pay ¥10 per share. - FY2018RaisedAnnual report
「The policy is to determine profit distributions based on the business outlook and a consolidated dividend payout ratio of approximately 25%, while also taking into account a level of retained earnings capable of withstanding future market fluctuations.」
Following the suspension of dividends in the previous fiscal year, the Company indicated a policy of targeting a consolidated dividend payout ratio of approximately 25% and paid an annual dividend of ¥30 per share for the current fiscal year. - FY2017SoftenedAnnual report
「In light of the significant loss recorded as a result of the deterioration in shipping market conditions, the Company decided not to pay a year-end dividend for the current fiscal year, following the suspension of the interim dividend.」
While maintaining its basic policy of stable profit returns and twice-yearly dividends, the Company paid no interim or year-end dividend for the current fiscal year. - FY2016First statedAnnual report
「The Company regards the stable return of profits to shareholders as one of its highest management priorities and determines profit distributions after comprehensively considering an appropriate level of retained earnings capable of withstanding market fluctuations, the outlook for business performance and other factors.」
The basic policy is to pay dividends twice a year, at the fiscal year-end and interim period, while maintaining retained earnings sufficient to provide both stable returns and resilience to market conditions.