Stable dividends at a fixed level unaffected by short-term performance
First written in FY2016. 9 of 26 entries say "Advanced", first in FY2019. Latest entry: FY2026.
- FY2026Stable annual dividend of ¥49, with ¥50 planned for the following yearAnnual report
「For the current fiscal year, we will prioritize stable dividend payments from the perspective of maintaining and enhancing shareholder value, setting the year-end dividend at ¥24.5 per share and the annual dividend at ¥49 when combined with the interim dividend of ¥24.5. For the next fiscal year, based on the above policy, we plan an interim dividend of ¥25 per share, a year-end dividend of ¥25 per share, and an annual dividend of ¥50 per share, targeting a consolidated dividend payout ratio of approximately 30%.」
Even after the policy was restructured as a performance-linked, flexible dividend policy, the company maintained the same annual dividend level as in the previous fiscal year and plans to increase the dividend in the next fiscal year. - FY2026-H1Paid an interim dividend of ¥24.50 per share after the stock splitAnnual report
「(2) Interim dividend At a meeting of the Board of Directors held on 7 November 2025, the following resolution was passed regarding the interim dividend for the current fiscal year. (1) Total dividends from the interim dividend: ¥1,833 million (2) Dividend per share: ¥24.50」
An interim dividend of ¥24.50 per share was approved on a post-stock-split basis. - FY2024Plans to maintain a stable annual dividend of ¥146Annual report
「Accordingly, for the next fiscal year, with an emphasis on paying a stable dividend based on dialogue with shareholders, we plan to pay the same annual dividend as in the current fiscal year: an interim dividend of ¥73, a year-end dividend of ¥73 and an annual dividend of ¥146 per share.」
Even after the policy was restructured from a stable dividend of a fixed amount to a performance-linked dividend policy, the company plans to pay an annual dividend of ¥146 for the next fiscal year, the same amount as in the current fiscal year, based on dialogue with shareholders. - FY2024-Q2Paid an interim dividend of ¥67 as a performance-linked dividendAnnual report
「At the Board of Directors meeting held on 7 November 2023, the following resolution was passed regarding the interim dividend for the current fiscal year. (1) Total dividends from the interim dividend: ¥1,669,014,890 (2) Amount per share: ¥67.00」
Under the policy restructured from a stable dividend of a fixed amount to a performance-linked, flexible dividend policy based on a consolidated payout ratio of 30%, an interim dividend of ¥67 was approved. - FY2024-Q1AdvancedAnnual report
「At the Board of Directors meeting held on 10 May 2023, the following resolution was passed regarding the year-end dividend for the previous fiscal year. (1) Total dividends from the year-end dividend: ¥2,910,374,298 (2) Amount per share: ¥117.00 (3) Effective date of the year-end dividend (payment start date): 5 June 2023」
After the policy was restructured from a stable dividend of a fixed amount to a performance-linked, flexible dividend policy, a year-end dividend of ¥117 per share was paid for the previous fiscal year. - FY2023-Q3RestatedAnnual report
「(1) Total dividends from the interim dividend: ¥1,791,008,496 (2) Dividend per share: ¥72.00」
Even after the policy was restructured from a stable dividend to a performance-linked, flexible dividend policy, the company paid an interim dividend of ¥72 per share for the current fiscal year. - FY2023-Q2AdvancedAnnual report
「At the Board of Directors meeting held on 4 November 2022, the following resolution was passed regarding the interim dividend for the current fiscal year. (1) Total dividends from the interim dividend: ¥1,791,008,496 (2) Amount per share: ¥72.00」
After the policy was restructured as a performance-linked, flexible dividend policy, the interim dividend for the current fiscal year increased to ¥72 per share from ¥35 in the interim period of the previous fiscal year. - FY2022ReframedAnnual report
「Under the Medium-Term Management Plan 2022 (fiscal years ending March 2023 to March 2027), our group adopted the pursuit of both proactive investment and enhanced shareholder returns as its basic capital allocation policy. Regarding dividends, we will pay flexible dividends linked to performance, based on a consolidated dividend payout ratio of 30%.」
The policy was restructured from emphasizing a stable dividend of a fixed amount and an annual dividend floor to a flexible, performance-linked dividend policy that balances active investment and uses a consolidated payout ratio of 30% as its benchmark. - FY2022-Q3AdvancedAnnual report
「4 November 2021 Board of Directors Common shares 869 ¥35.00 30 September 2021 2 December 2021 Retained earnings」
Under the policy of raising the stable dividend level to ¥60 annually for the next fiscal year, an interim dividend of ¥35 per share was paid for the current fiscal year. - FY2022-Q2AdvancedAnnual report
「(2) Amount per share: ¥35.00」
As part of the stable dividend policy, an interim dividend of ¥35 per share was resolved for the current fiscal year, up from ¥25 per share in the previous fiscal year. - FY2022-Q1AdvancedAnnual report
「Board of Directors meeting held on 11 May 2021 Common shares 745 ¥30.00 31 March 2021 4 June 2021 Retained earnings」
A year-end dividend of ¥30 per share, totaling ¥745 million, was paid for the previous fiscal year, giving concrete effect to the higher stable dividend level. - FY2021RaisedAnnual report
「For the next fiscal year, we plan an interim dividend of ¥30.00 per share, a year-end dividend of ¥30.00 per share, and an annual dividend of ¥60.00 per share.」
The company indicated a policy of raising the stable dividend level to ¥60 annually for the next fiscal year and maintaining it as the floor. - FY2021-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 4 November 2020, the company resolved the following regarding the interim dividend for the current period.」
Regarding the dividend level following the resumption of dividends, a resolution was passed for an interim dividend of ¥25 per share, totaling ¥620 million, for the current fiscal year, advancing the implementation of the stable dividend policy with an annual floor of ¥50. - FY2021-Q1AdvancedAnnual report
「At the Board of Directors meeting held on 11 May 2020, the following resolution was passed regarding the year-end dividend for the previous fiscal year. (1) Total dividends from the year-end dividend: ¥620,909,350 (2) Amount per share: ¥25.00」
A year-end dividend of ¥25 per share was paid for the previous fiscal year, advancing the implementation of the higher stable dividend level following the resumption of dividends. - FY2020RaisedAnnual report
「Based on the above dividend policy, the year-end dividend for the current fiscal year was set at ¥25.00 per share, resulting in an annual dividend of ¥37.50 when combined with the interim dividend of ¥12.50. For the next fiscal year, we plan an interim dividend of ¥25.00 per share, a year-end dividend of ¥25.00 per share, and an annual dividend of ¥50.00 per share.」
The annual dividend for the current fiscal year was increased to ¥37.50, and the annual dividend for the next fiscal year was set at ¥50, raising the stable dividend level following the resumption of dividends. - FY2020-Q3RestatedAnnual report
「(1) Total dividends from the interim dividend: ¥310,455,158 (2) Amount per share: ¥12.50」
In connection with the fixed dividend policy unaffected by short-term performance, an interim dividend of ¥12.50 per share was paid for the current fiscal year following the resumption of the year-end dividend for the previous fiscal year. - FY2020-Q2AdvancedAnnual report
「(2) Amount per share: ¥12.50」
Following the resumption of the year-end dividend for the previous fiscal year, an interim dividend of ¥12.50 per share was also resolved for the current fiscal year, continuing the fixed dividend amount. - FY2020-Q1RestatedAnnual report
「At the Board of Directors meeting held on 9 May 2019, the following resolution was passed regarding the year-end dividend for the previous fiscal year.」
A payment of ¥12.50 per share was made as the year-end dividend for the previous fiscal year under the stable dividend policy. - FY2019AdvancedAnnual report
「Regarding our future dividend policy, as in the current fiscal year, we will determine the dividend amount while assessing progress under the medium-term management plan and taking into account the prospects for achieving the financial targets set out in that plan. Based on this policy, we plan an interim dividend of ¥12.50 per share and a year-end dividend of ¥12.50 per share for the next fiscal year, for an annual dividend of ¥25 per share.」
Based on the basic policy of stable dividends, the company indicated plans for an annual dividend of ¥25 for the next fiscal year following the resumption of the year-end dividend for the current fiscal year. - FY2019-Q3RestatedAnnual report
「Cumulative third quarter Consolidated period: Dividends paid: Not applicable.」
While maintaining stable dividends as its basic policy, no dividends were paid during the cumulative third quarter. - FY2019-Q2RestatedAnnual report
「Cumulative second quarter Consolidated period: Dividends paid: Not applicable.」
While maintaining stable dividends as its basic policy, no dividends were paid during the cumulative second quarter. - FY2018SoftenedAnnual report
「Our basic dividend policy is to continue stable dividends, taking into account medium- to long-term earnings levels and financial condition. However, in light of the significant impairment of equity caused by the recognition of an impairment loss in the previous fiscal year, we determined that priority should be given to restoring a sound financial position. We therefore regret that both the interim and year-end dividends for the current fiscal year will be nil.」
While maintaining stable dividends as its basic policy, the company paid no interim or year-end dividend for the current fiscal year, and the dividend for the next fiscal year was left undecided. - FY2017SoftenedAnnual report
「Our basic dividend policy is to continue stable dividends, taking into account medium- to long-term earnings levels and financial condition. However, in light of the impairment of equity resulting from the recognition of a net loss for the current fiscal year, we determined that priority should be given to restoring a sound financial position. We therefore regret that the year-end dividend will be nil, with only an interim dividend of ¥5.00 per share.」
While maintaining the basic policy of stable dividends, the year-end dividend for the current fiscal year and dividends for the next fiscal year were suspended. - FY2017-Q3RestatedAnnual report
「7 November 2016 Board of Directors Common shares ¥620 million ¥5.00 30 September 2016 6 December 2016 Retained earnings」
An interim dividend of ¥5 per share was paid, maintaining a fixed dividend amount. - FY2017-Q2RestatedAnnual report
「Amount per share: ¥5.00」
The interim dividend for the current fiscal year was also ¥5 per share, maintaining a fixed dividend amount. - FY2016First statedAnnual report
「To avoid being affected by short-term fluctuations in performance, we will take into account medium- to long-term earnings levels and financial condition and maintain a stable dividend at a fixed amount even if performance temporarily deteriorates.」
The company has indicated its intention to maintain a fixed, stable dividend in addition to performance-linked dividends.