Consistent and Stable Dividends with a Payout Ratio Target of Around 35%
First written in FY2022. 3 of 5 entries say "Restated". Latest entry: 2026-07-13.
- 2026-07-13RestatedDividends
「Our basic policy is to return profits to shareholders in line with business performance, targeting a payout ratio of 50%, while also working to maintain continuous and stable dividends.」
The company has reaffirmed its policy of targeting a 50% payout ratio and maintaining continuous and stable dividends. - FY2025RestatedAnnual report
「Our basic policy is to return profits to shareholders in line with business performance. We target a dividend payout ratio of 50% and will also work to maintain sustainable and stable dividends.」
The company reconfirms its policy of targeting a 50% dividend payout ratio from the fiscal year ending May 2025 onward. - FY2024RaisedAnnual report
「Our basic policy is to return profits to shareholders in line with business performance. From the fiscal year ending May 2025 onward, we target a dividend payout ratio of 50% and will also work to maintain sustainable and stable dividends.」
The policy was raised from the previous target payout ratio of 35% to a target of 50% from the fiscal year ending May 2025 onward. - FY2023RestatedAnnual report
「Our basic policy is to return profits to shareholders in line with business performance. We target a dividend payout ratio of 35% and will also work to maintain sustainable and stable dividends.」
The company reconfirms its policy of sustainable and stable dividends targeting a 35% payout ratio. - FY2022First statedAnnual report
「Our basic policy is to return profits to shareholders in line with business performance. We target a dividend payout ratio of 35% and will also work to maintain sustainable and stable dividends.」
The company explicitly states for the first time its policy of returning profits to shareholders based on a target payout ratio of 35%.