Stable Dividends Based on Profit Levels
First written in FY2016. 13 of 34 entries say "Raised", first in FY2019. Latest entry: 2026-10-01.
- FY2026RaisedAnnual report
「Under the six-year management plan [2025-2030], beginning in fiscal 2025, the Company plans to continue increasing dividends during the management plan period and target a DOE (consolidated dividend on equity) of at least 4% by fiscal 2030. Including the interim dividend of ¥18 per share, the annual dividend will be ¥38 per share, an increase of ¥6 from the previous fiscal year.」
The policy of continuing dividend increases through fiscal 2030 was reaffirmed, and the annual dividend for the current fiscal year was set at ¥38 per share, an increase of ¥6 from the previous fiscal year. - FY2026-H1RaisedAnnual report
「Board of Directors meeting held on 31 October 2025 Common shares ¥6,327 million ¥18 30 September 2025 1 December 2025」
The interim dividend was ¥18 per share on a post-stock-split basis, an increase from ¥16 per share in the same period of the previous year. - FY2025RaisedAnnual report
「Under its financial strategy, the Company will target a DOE of at least 4% by 2030, pursue flexible share repurchases and reduce cross-shareholdings, while managing net assets at around ¥400 billion.」
The DOE target has been raised from the previous 2% to at least 4% by 2030, with share repurchases and the reduction of cross-shareholdings also specified in the financial strategy. - FY2025-H1RaisedAnnual report
「At a meeting of the Board of Directors held on 31 October 2024, the Company resolved to pay an interim dividend as follows to shareholders and registered share pledgees listed or recorded in the final shareholder register as of 30 September 2024. ① Total dividends: ¥5,941 million ② Dividend per share: ¥80」
The interim dividend was ¥80 per share, an increase from the previous fiscal year's interim dividend of ¥50 per share. The amount is based on the number of shares before the stock split. - FY2024-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 31 October 2023, the Company resolved to pay an interim dividend as follows to shareholders and registered share pledgees listed or recorded in the final shareholder register as of 30 September 2023. ① Total dividends: ¥3,876 million ② Dividend per share: ¥50 ③ Effective date of dividend payment claim and payment commencement date: 1 December 2023」
The resolution and payment of an interim dividend of ¥50 per share for the record date of 30 September 2023 were confirmed, representing an increased dividend level from the previous fiscal year's interim dividend. - FY2024-Q2RaisedAnnual report
「At a meeting of the Board of Directors held on 31 October 2023, the Company resolved to pay an interim dividend as follows to shareholders and registered share pledgees listed or recorded in the final shareholder register as of 30 September 2023. ① Total dividends: ¥3,876 million ② Dividend per share: ¥50」
The interim dividend was set at ¥50 per share, an increase from the previous fiscal year's interim dividend of ¥41 per share. - FY2024-Q1Payment of a year-end dividend of ¥49 per shareAnnual report
「29 June 2023 Annual General Meeting of Shareholders Common shares 3,830 49 31 March 2023 30 June 2023 Retained earnings」
A year-end dividend totaling ¥3,830 million, or ¥49 per share, was paid for the fiscal year ended March 2023. - FY2023-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 31 October 2022, the Company resolved to pay an interim dividend as follows to shareholders and registered share pledgees listed or recorded in the final shareholder register as of 30 September 2022. ① Total dividends: ¥3,265 million ② Dividend per share: ¥41 ③ Effective date of dividend payment claim and payment commencement date: 1 December 2022」
The interim dividend was set at ¥41 per share, maintaining the same dividend level as the previous fiscal year's year-end dividend. - FY2023-Q1Payment of a year-end dividend of ¥41 per shareAnnual report
「29 June 2022 Annual General Meeting of Shareholders Common shares 3,329 41 31 March 2022 30 June 2022 Retained earnings」
A year-end dividend totaling ¥3,329 million, or ¥41 per share, was paid for the fiscal year ended March 2022. - FY2022-Q2RaisedAnnual report
「At a meeting of the Board of Directors held on 29 October 2021, the Company resolved to pay an interim dividend as follows to shareholders and registered share pledgees listed or recorded in the final shareholder register as of 30 September 2021. ① Total dividends: ¥3,167 million ② Dividend per share: ¥39」
The interim dividend was set at ¥39 per share, an increase from ¥30 per share in the same period of the previous year. - FY2021-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 30 October 2020, the Company resolved to pay an interim dividend as follows to shareholders and registered share pledgees listed or recorded in the final shareholder register as of 30 September 2020. ① Total dividends: ¥2,552 million ② Dividend per share: ¥30」
The interim dividend for the record date of 30 September 2020 was set at ¥30 per share, maintaining a level consistent with the policy of an annual dividend floor of ¥60 per share. - FY2021-Q1Payment of ¥30 year-end dividendAnnual report
「26 June 2020 Annual General Meeting of Shareholders Common shares 2,578 30 31 March 2020 29 June 2020 Retained earnings」
A year-end dividend totaling ¥2,578 million, or ¥30 per share, was paid for the fiscal year ended March 2020. - FY2020RaisedAnnual report
「Accordingly, with respect to dividends of surplus during the management plan period, the Company plans, barring special circumstances, to make stable dividend payments with an annual dividend of ¥60 per share as a general floor, targeting a DOE (dividend on equity) of 2% in the final fiscal year ending March 2022.」
The stable dividend policy has been quantified and made more specific, with an annual dividend floor of ¥60 per share and a DOE target of 2% for the fiscal year ending March 2022. The annual dividend was ¥60 per share, an increase of ¥15 from the previous fiscal year. - FY2020-Q3Payment of ¥30 interim dividendAnnual report
「With respect to the interim dividend for the 217th fiscal year (1 April 2019 to 31 March 2020), the Board of Directors, at a meeting held on 31 October 2019, resolved to pay an interim dividend as follows to shareholders and registered share pledgees listed or recorded in the final shareholder register as of 30 September 2019. ① Total dividends ¥2,578 million ② Dividend per share ¥30 ③ Effective date of dividend payment claim and payment commencement date 2 December 2019」
An interim dividend totaling ¥2,578 million, or ¥30 per share, for the record date of 30 September 2019, was paid. - FY2020-Q2RaisedAnnual report
「31 October 2019 Board of Directors Common shares 2,578 30 30 September 2019 2 December 2019 Retained earnings」
The interim dividend for the record date of 30 September 2019 was set at ¥30 per share, an increase from the ¥15 interim dividend paid in the same period of the previous year. - FY2020-Q1Payment of a year-end dividend of ¥30 per shareAnnual report
「27 June 2019 Annual General Meeting of Shareholders Common shares 2,628 30 31 March 2019 28 June 2019 Retained earnings」
A dividend totaling ¥2,628 million, or ¥30 per share, was paid for the fiscal year ended March 2019. - FY2019RaisedAnnual report
「Under the newly formulated medium-term management plan, which begins in fiscal 2019, the Company will seek to further enhance shareholder returns during the plan period alongside improvements in business performance and capital efficiency. Its dividend policy is to provide stable dividends, taking into account not only earnings for the period but also the level of retained earnings.」
In addition to its stable dividend policy, the Company explicitly states that it will further enhance shareholder returns during the new medium-term plan. The annual dividend was ¥45 per share, an increase of ¥17 from the previous fiscal year. - FY2019-Q3Interim dividend of ¥15 per share paidAnnual report
「31 October 2018 Board of Directors Common shares 1,314 15 30 September 2018 3 December 2018 Retained earnings」
An interim dividend totaling ¥1,314 million, or ¥15 per share, for the record date of 30 September 2018, was paid on 3 December 2018. - FY2019-Q2Decision to pay an interim dividend of ¥15 per shareAnnual report
「At a meeting of the Board of Directors held on 31 October 2018, the Company resolved to pay an interim dividend as follows to shareholders and registered share pledgees listed or recorded in the final shareholder register as of 30 September 2018. ① Total dividends: ¥1,314 million ② Dividend per share: ¥15」
An interim dividend totaling ¥1,314 million, or ¥15 per share, was decided for the record date of 30 September 2018. - FY2019-Q1RestatedAnnual report
「28 June 2018 Annual General Meeting of Shareholders Common shares 1,226 14 31 March 2018 29 June 2018 Retained earnings」
A dividend totaling ¥1,226 million, or ¥14 per share on a post-share-consolidation basis, was paid for the fiscal year ended March 2018. - FY2018RestatedAnnual report
「With regard to the appropriation of retained earnings, we place emphasis on strengthening our financial position in preparation for the planned development of our logistics business, centered on warehousing, which is our principal business, and our real estate business, centered on building rentals, as well as changes in the business environment. Our dividend policy is to pay stable dividends while taking profit levels into account.」
The Company reaffirmed its policy of stable dividends taking profit levels into account and stated that the annual dividend after the share consolidation would be ¥28 per share, the same as in the previous fiscal year. - FY2018-Q3Payment of the ¥7 interim dividendAnnual report
「Board of Directors meeting, 31 October 2017 Common shares ¥1,226 million ¥7 30 September 2017 1 December 2017」
The Company resolved to pay an interim dividend totaling ¥1,226 million, or ¥7 per share, and began making the payment on 1 December 2017. - FY2018-Q2Decision to pay a ¥7 interim dividendAnnual report
「① Total dividends ¥1,226 million ② Dividend per share ¥7」
The Company resolved to pay an interim dividend totaling ¥1,226 million, or ¥7 per share, with 30 September 2017 as the record date. As the record date preceded the share consolidation, the per-share amount does not reflect the share consolidation. - FY2018-Q1RestatedAnnual report
「Common shares ¥1,402 million ¥8」
For the dividend with the fiscal year ended March 2017 as the reference period, the Company paid a total of ¥1,402 million, or ¥8 per share. This formed part of the annual ¥14 per share dividend policy, including the 130th anniversary commemorative dividend. - FY2017Increase in annual dividends through a 130th anniversary commemorative dividendAnnual report
「The regular dividend was set at ¥6 per share, the same amount as the interim dividend. As this year marks the 130th anniversary of the Company’s founding, a commemorative dividend of ¥2 per share was added, bringing the dividend to ¥8 per share. Including the interim dividend, the annual dividend was ¥14 per share, an increase of ¥2 per share from the previous fiscal year.」
While maintaining its policy of stable dividends taking profit levels into account, the Company added a ¥2 commemorative dividend for its 130th anniversary, bringing the annual dividend to ¥14 per share. - FY2017-Q3RestatedAnnual report
「Common shares ¥1,051 million ¥6」
The Company paid an interim dividend totaling ¥1,051 million, or ¥6 per share, with 30 September 2016 as the record date, continuing its stable dividend level. - FY2017-Q2RestatedAnnual report
「Common shares ¥1,051 million ¥6」
The Company resolved to pay an interim dividend totaling ¥1,051 million, or ¥6 per share, with 30 September 2016 as the record date, continuing its stable dividend level. - FY2017-Q1RestatedAnnual report
「Common shares Total dividends ¥1,051 million Dividend per share ¥6」
The Company paid a dividend of ¥6 per share, totaling ¥1,051 million, funded by retained earnings for the fiscal year ended March 2016. - FY2016First statedAnnual report
「Our policy is to pay stable dividends while taking profit levels into account.」
The dividend policy prioritizes stability while taking profit levels into account.