Nippon Express Holdings (9147) · TargetRaisedLatest Dividends (2026-08-07): "Reframed"
Capital policy targets for ROE, dividend payout, total payout and equity ratio
First written in FY2022. 1 of 5 entries say "Raised", first in FY2024. Latest entry: 2026-08-07.
5entries
4years
2from disclosures
How it moved
Same theme, other companies
Capital Efficiency, Financial Strength and Shareholder Return Targets Based on Multiple Financial MetricsA theme 146 companies write about · 2 as a headwind · 164 as a tailwind
24 other companies' latest entry also says "Reframed".
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 146 companies compared. The sentences above are computed from all 146.Full recordFilings, disclosures and news, newest first
- FY2024RaisedAnnual report
「• ROE: at least 10.0% • Dividend payout ratio: at least 40% • Total payout ratio: at least 55% (cumulative for fiscal 2024 to fiscal 2028) • Equity ratio: approximately 35%」
Under Business Plan 2028, the dividend payout target was raised from at least 30% to at least 40%, and the total payout target from at least 50% to at least 55%, for fiscal 2024 through fiscal 2028. - FY2023Final-year target missedAnnual report
「In fiscal 2023, all targets fell short of their final-year targets because of the impact of external conditions, including weak cargo movements and higher costs, particularly energy and labor costs.」
The final-year indicators, including ROE of 5.9%, failed to meet the final targets, including the capital policy targets in the management plan. - FY2022First statedAnnual report
「• ROE: 10.0% • Dividend payout ratio: at least 30% • Total payout ratio: at least 50% (cumulative for fiscal 2019 to fiscal 2023) • Equity ratio: approximately 35%」
The management plan specifies numerical targets for ROE, dividend payout, total payout and the equity ratio as capital policy objectives.