Balancing a Stronger Financial Position with Stable Dividends
First written in FY2016. 8 of 26 entries say "Restated". Latest entry: 2026-11-04.
- 2026-11-04SoftenedResults
「2027年3月期(予想) ― 70 110」
2027年3月期の予想配当は中間40円と期末70円の年間110円で、前期実績の年間125円を下回る見通しとなっている。 - FY2027-H1AdvancedAnnual report
「14 May 2026 Board of Directors Common shares 191,246 125.00 31 March 2026 3 June 2026。…4 November 2026 Board of Directors Common shares 61,198 40.00 30 September 2026 2 December 2026。」
In addition to paying the previous year's ¥125 dividend per share, the company resolved to pay an interim dividend of ¥40 per share with 30 September 2026 as the record date, thereby giving concrete form to the previously planned introduction of an interim dividend system. - FY2026RaisedAnnual report
「The company has set a target consolidated dividend payout ratio of at least 30% of net income attributable to owners of the parent and an annual dividend floor of ¥80 per share. ... Regarding the dividend for the current fiscal year, ... the company decided on ¥125 per share.」
The company increased the dividend from the previous ¥80 per share to ¥125 and introduced a new shareholder return policy combining a consolidated dividend payout ratio of at least 30% with an annual dividend floor of ¥80. It also indicated a policy of excluding one-time gains and losses associated with vessel sales from the basis for calculating the dividend payout ratio. The company also stated that it plans to introduce an interim dividend system from the fiscal year ending March 2027. - FY2026-H1Cited as achievedAnnual report
「At a meeting of the Board of Directors held on 15 May 2025, the company resolved to pay a year-end dividend as follows to shareholders recorded in the shareholder register as of 31 March 2025. 1. Total dividends: ¥154.412 million 2. Dividend per share: ¥80.00 3. Effective date of dividend payment claim and payment commencement date: 24 June 2025.」
The interim-period notes reconfirm the payment on 24 June 2025 of the ¥80 per share year-end dividend. - FY2025RestatedAnnual report
「Regarding the year-end dividend for the current fiscal year, after considering the financial position in light of preparations for the construction funding of a replacement newbuild vessel scheduled for acquisition at the end of June 2025, and in accordance with the basic policy above, we intend to pay ¥80 per share.」
The company has continued to pay a dividend of ¥80 per share while taking into account preparations for funding the construction of a replacement newbuild vessel and its financial position. - FY2024RestatedAnnual report
「Regarding the year-end dividend for the current fiscal year, we decided on a dividend of ¥80 per share because interest-bearing debt has been reduced and the financial base has improved.」
In light of the reduction in interest-bearing debt and improvement in the financial base, the company decided on a year-end dividend of ¥80 per share, unchanged from the previous fiscal year. - FY2024-Q1Cited as achievedAnnual report
「Board of Directors meeting held on 15 May 2023 Common shares Retained earnings 154,425 80.00 31 March 2023 23 June 2023」
The company disclosed that ¥154.425 million in total was paid on 23 June 2023 for the ¥80 per share dividend decided for FY2023. - FY2023RaisedAnnual report
「Regarding the year-end dividend for the current fiscal year, we decided on a dividend of ¥80 per share because interest-bearing debt has been reduced and the financial base has improved.」
Under a policy of strengthening the financial position and maintaining stable dividends, the dividend was increased from ¥50 per share in the previous fiscal year to ¥80. - FY2023-Q3RestatedAnnual report
「16 May 2022 Board of Directors Common shares Retained earnings 96,518 50.00 31 March 2022 24 June 2022」
The quarterly notes reconfirm that the ¥50 per share year-end dividend was paid on 24 June 2022. - FY2023-Q1Cited as achievedAnnual report
「At a meeting of the Board of Directors held on 16 May 2022, the company resolved to pay a year-end dividend as follows to shareholders recorded in the shareholder register as of 31 March 2022. 1. Total dividends: ¥96.518 million 2. Dividend per share: ¥50.00 3. Effective date of dividend payment claim and payment commencement date: 24 June 2022」
The company disclosed that ¥96.518 million in total was paid on 24 June 2022 for the ¥50 per share dividend decided for FY2022. - FY2022AchievedAnnual report
「Regarding the year-end dividend for the current fiscal year, after considering future business development and other factors in accordance with the basic policy above, we decided on a dividend of ¥50 per share.」
Following the suspension of dividend payments in FY2020 and FY2021, the company decided on a dividend of ¥50 per share under its stable dividend policy, which is based on strengthening the financial position and securing retained earnings. This also represents an increase from ¥40 in FY2019. - FY2021RestatedAnnual report
「Regarding the year-end dividend for the current fiscal year, given the impact of the spread of COVID-19 on the performance of the Group, the resulting uncertainty over the outlook, and the results for the current fiscal year, we decided that improving our financial position should take priority and regretfully decided not to pay a dividend.」
While maintaining the basic policy of aiming for stable dividends by securing retained earnings and strengthening the financial position, the company has again decided not to pay a dividend for the current fiscal year. - FY2020SoftenedAnnual report
「Regarding the year-end dividend for the current fiscal year, after taking the current year's results into consideration, we regretfully decided not to pay a dividend. We will continue our management efforts toward an early recovery in earnings and the resumption of dividend payments.」
The basic policy of paying stable dividends while securing retained earnings remains in place, but the company again paid no dividend after resuming payments at ¥40 per share in the previous fiscal year, making the resumption of dividends a future target once more. - FY2020-Q1Cited as achievedAnnual report
「17 May 2019 Board of Directors Common shares Retained earnings 77,218 40.00 31 March 2019 26 June 2019」
The company disclosed that ¥77.218 million in total was paid on 26 June 2019 for the ¥40 per share dividend decided for FY2019. - FY2019AchievedAnnual report
「We intend to pay a year-end dividend of ¥40 per share for the current fiscal year. Retained earnings will be used effectively from a long-term perspective in preparation for future business development.」
Under a policy of paying stable dividends while securing retained earnings to strengthen the financial position, the company resumed dividend payments at ¥40 per share after paying no dividend through the previous fiscal year. - FY2018RestatedAnnual report
「Regarding the year-end dividend for the current fiscal year, after taking the current year's results into consideration, we regretfully decided not to pay a dividend. We will continue our management efforts toward an early recovery in earnings and the resumption of dividend payments.」
The basic policy of securing retained earnings while aiming for stable dividends remains in place, but no dividend was paid again for the current fiscal year, and the company has set an early recovery in earnings and the resumption of dividends as objectives. - FY2017SoftenedAnnual report
「Our basic policy on dividends from surplus is to maintain stable, ongoing dividend payments while securing retained earnings, as we believe it is necessary to strengthen our financial position in preparation for declines in the highly volatile shipping market and for future business development. Regarding the year-end dividend for the current fiscal year, after taking the current year's results into consideration, we regretfully decided not to pay a dividend. We will continue our management efforts toward an early recovery in earnings and the resumption of dividend payments.」
The basic policy of securing retained earnings while paying stable dividends remains in place, but no dividend was paid for the current fiscal year, making the resumption of dividends a future target. - FY2017-Q3RestatedAnnual report
「16 May 2016 Board of Directors Common shares Retained earnings 57,920 3.00 31 March 2016 27 June 2016」
A dividend of ¥3 per share was paid as the year-end dividend for the current fiscal year, continuing the stable dividend policy. - FY2017-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 16 May 2016, the company paid a dividend of ¥3.00 per common share to shareholders recorded in the shareholder register as of 31 March 2016.」
A stable year-end dividend of ¥3 per share was paid for the current fiscal year. - FY2017-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 16 May 2016, the company resolved to pay a year-end dividend as follows to shareholders recorded in the shareholder register as of 31 March 2016.」
A year-end dividend of ¥3.00 per share was paid for the quarter, maintaining the same dividend level as in the previous fiscal year. - FY2016First statedAnnual report
「Our basic policy on dividends from surplus is to maintain stable, ongoing dividend payments while securing retained earnings, as we believe it is necessary to strengthen our financial position in preparation for declines in the highly volatile shipping market and for future business development.」
The company has indicated a policy of continuing stable dividends while securing retained earnings in preparation for a downturn in market conditions and future investment. The dividend for the current fiscal year is ¥3 per share.