Dividend targeting 40% of net income for the period and maintaining an annual dividend of ¥10
First written in FY2016. 23 of 32 entries say "Restated". Latest entry: 2026-08-07.
- 2026-08-07RestatedEarnings
「Fiscal year ending March 2027 (forecast) 51.50 — 51.50 103.00」
The forecast annual dividend of ¥103 was maintained, reconfirming the previous shareholder return level. - FY2026RaisedAnnual report
「In addition, we established the five-year medium-term management plan "Medium-Term Management Plan 2026-2030," beginning in fiscal 2026, and changed our basic dividend policy. Under the revised policy, we will pay dividends with an annual dividend of ¥103 per share as the minimum and target a dividend on equity (DOE) of 3.5% to 4.5%.」
The minimum annual dividend was raised from ¥100 to ¥103, and the DOE target was changed from 3.5% to 4.0% to a dividend on equity of 3.5% to 4.5%. - FY2026-H1RestatedAnnual report
「At a meeting of the Board of Directors held on 6 November 2025, the company resolved to pay an interim dividend as follows to shareholders or registered pledgees recorded in the shareholder register as of 30 September 2025. Total interim dividends ¥3,934 million Amount per share ¥51.50 Effective date of dividend receivable claims and payment commencement date 1 December 2025」
Under its shareholder return policy of setting annual dividends at a minimum of ¥100 and targeting a DOE, the company resolved to pay an interim dividend of ¥51.50 per share. - FY2025-H1RestatedAnnual report
「At a meeting of the Board of Directors held on 7 November 2024, the company resolved to pay an interim dividend as follows to shareholders or registered pledgees recorded in the shareholder register as of 30 September 2024. Total interim dividends ¥3,941 million Amount per share ¥50.50」
The company resolved to pay an interim dividend of ¥50.50 per share and continued shareholder returns at the same level as the previous fiscal year. - FY2024-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 9 November 2023, the company resolved to pay an interim dividend as follows to shareholders or registered pledgees recorded in the shareholder register as of 30 September 2023. Total interim dividends: ¥3,994 million Amount per share: ¥50.50」
The company resolved to pay an interim dividend of ¥50.50 per share, with the end of September 2023 as the record date, and continued dividends in line with its shareholder return policy of setting annual dividends at a minimum of ¥100. - FY2024-Q1RestatedAnnual report
「29 June 2023 Annual General Meeting of Shareholders Common shares 3,969 50.0 31 March 2023 30 June 2023 Retained earnings」
The company paid a year-end dividend of ¥50 per share for the fiscal year ended March 2023, in line with the shareholder return policy established for FY2023. - FY2023ReframedAnnual report
「The company established a 3-year medium-term management plan beginning in fiscal 2023. After continuing the business investments necessary to increase corporate value from a medium- to long-term perspective, its policy is to set annual dividends from retained earnings at a minimum of ¥100 per share and pay dividends with a DOE (Dividend on Equity) target of 3.5–4.0%, while taking into account improvements in earnings power in each fiscal year.」
The company changed from its previous policy of maintaining the payout ratio and annual dividend amount to a new dividend policy setting ¥100 per year as the minimum and targeting a DOE of 3.5–4.0%. The planned annual dividend for the next period is ¥101. - FY2023-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 8 November 2022, the company resolved to pay an interim dividend as follows to shareholders or registered pledgees recorded in the shareholder register as of 30 September 2022. Total interim dividends: ¥3,994 million Amount per share: ¥50」
The company resolved to pay an interim dividend of ¥50 per share, with 30 September 2022 as the record date, implementing shareholder returns in line with its plan to increase annual dividends to ¥100. - FY2023-Q1RestatedAnnual report
「29 June 2022 Annual General Meeting of Shareholders Common shares 4,765 59.0 31 March 2022 30 June 2022 Retained earnings」
The company paid a year-end dividend of ¥59 per share for the fiscal year ended March 2022 and implemented shareholder returns aimed at continuing dividend increases. - FY2022RaisedAnnual report
「Under its policy of seeking to continue increasing dividends, the company plans to pay ¥100 per share for the next period, an increase of ¥3 from the current period. Interim and year-end dividends will each be ¥50 per share.」
Annual dividends for the period totaled ¥97, comprising an interim dividend of ¥38 and a year-end dividend of ¥59. The company indicated plans to increase the next-period dividend to ¥100. - FY2022-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 9 November 2021, the company resolved to pay an interim dividend as follows to shareholders or registered pledgees recorded in the shareholder register as of 30 September 2021. Total interim dividends: ¥3,084 million Amount per share: ¥38」
The company resolved to pay an interim dividend of ¥38 per share and continued shareholder returns. - FY2022-Q1RestatedAnnual report
「29 June 2021 Annual General Meeting of Shareholders Common shares 1,971 24.0 31 March 2021 30 June 2021 Retained earnings」
The company paid a year-end dividend of ¥24 per share for the fiscal year ended March 2021 and continued shareholder returns. This quarterly report does not disclose any change to the dividend policy itself. - FY2021RaisedAnnual report
「Under its policy of seeking to continue increasing dividends, the company plans to pay dividends of ¥50 per share for the next period, an increase of ¥2 from the current period, based on a payout ratio of 40%. Interim and year-end dividends will each be ¥25 per share.」
While maintaining annual dividends at ¥47, the company presented a plan to continue increasing dividends, with next-period dividends of ¥50 and a payout ratio target of 40%. - FY2021-Q2RestatedAnnual report
「Total interim dividends ¥2,006 million Amount per share ¥24」
The company resolved to pay an interim dividend of ¥24 per share and continued dividends in line with its shareholder return policy of targeting a consolidated payout ratio of 35% and maintaining annual dividends. - FY2021-Q1RestatedAnnual report
「25 June 2020 Annual General Meeting of Shareholders Common shares 2,423 29.0 31 March 2020 26 June 2020 Retained earnings」
The company paid a year-end dividend of ¥29 per share for the fiscal year ended March 2020. No change was disclosed to the previous policy of targeting a consolidated payout ratio of 35% and maintaining annual dividends. - FY2020Increase in annual dividends through a commemorative dividendAnnual report
「The year-end dividend was ¥29 per share, comprising an ordinary dividend of ¥19 and a ¥10 commemorative dividend marking the company's 120th anniversary. Including the interim dividend already paid, ¥18 per share, annual dividends totaled ¥47 per share, an increase of ¥1.50 from the previous year's actual dividend after taking the share consolidation into account.」
While continuing its policy of a consolidated payout ratio of 35% and maintaining annual dividends at ¥30, the annual dividend for the period was ¥47 due to the commemorative dividend marking the company's 120th anniversary. - FY2020-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 7 November 2019, the company resolved to pay an interim dividend as follows to shareholders or registered pledgees recorded in the shareholder register as of 30 September 2019. Total interim dividends: ¥1,526 million Amount per share: ¥18」
The company resolved to pay an interim dividend of ¥18 per share and continued its shareholder return policy of targeting a consolidated payout ratio of 35% and maintaining annual dividends. - FY2020-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 7 November 2019, the company resolved to pay an interim dividend as follows to shareholders or registered pledgees recorded in the shareholder register as of 30 September 2019. Total interim dividends: ¥1,526 million Amount per share: ¥18」
The company resolved to pay an interim dividend of ¥18 per share, with 30 September 2019 as the record date, and continued its shareholder return policy of targeting a consolidated payout ratio of 35% and maintaining annual dividends. - FY2020-Q1RestatedAnnual report
「20 June 2019 Annual General Meeting of Shareholders Common shares 2,436 28.5 31 March 2019 21 June 2019 Retained earnings」
The company paid a year-end dividend of ¥28.5 per share after the share consolidation for the fiscal year ended March 2019, continuing shareholder returns. - FY2019RestatedAnnual report
「The company established a basic capital policy in its 3-year medium-term management plan beginning in fiscal 2017. Dividends from retained earnings are to be paid with a consolidated payout ratio of approximately 35%, while the company aims to maintain annual dividends of ¥30 per share, an amount calculated after taking into account the share consolidation effective 1 October 2018, regardless of profit levels.」
While revising the stated dividend to ¥30 per share after the share consolidation, the company continues its policy of a consolidated payout ratio of 35% and maintaining a minimum dividend. Including the special dividend, the annual dividend for the period was ¥45.50 after taking the share consolidation into account. - FY2019-Q1RestatedAnnual report
「27 June 2018 Annual General Meeting of Shareholders Common shares 1,483 8.5 31 March 2018 28 June 2018 Retained earnings」
The company paid a year-end dividend of ¥8.5 per share for the fiscal year ended March 2018 and continued shareholder returns under its policy of a consolidated payout ratio of 35% and maintaining annual dividends of ¥15. - FY2018RestatedAnnual report
「The company established a basic capital policy in its 3-year medium-term management plan beginning in fiscal 2017. Dividends from retained earnings are to be paid with a consolidated payout ratio of approximately 35%, while the company aims to maintain annual dividends of ¥15 per share regardless of profit levels.」
The company continues its dividend policy of a consolidated payout ratio of 35% and maintaining annual dividends of ¥15. The annual dividend for the 141st fiscal year was ¥16.50. - FY2018-Q3RestatedAnnual report
「Total interim dividends ¥1,395,304,528 Amount per share ¥8 Effective date of dividend receivable claims and payment commencement date 1 December 2017」
The company paid an interim dividend of ¥8 per share, with 30 September 2017 as the record date, and continued shareholder returns. - FY2018-Q2RestatedAnnual report
「Total interim dividends ¥1,395,304,528 Amount per share ¥8 Effective date of dividend receivable claims and payment commencement date 1 December 2017」
The company resolved to pay an interim dividend of ¥8 per share, with 30 September 2017 as the record date, and continued shareholder returns. - FY2018-Q1RestatedAnnual report
「28 June 2017 Annual General Meeting of Shareholders Common shares 1,519 8.5 31 March 2017 29 June 2017 Retained earnings」
The company paid a year-end dividend of ¥8.5 per share for the fiscal year ended March 2017 and continued shareholder returns. This quarterly report does not disclose any change to the new annual dividend policy. - FY2017ReframedAnnual report
「In its new medium-term management plan beginning in the fiscal year ending March 2018, the company established a basic capital policy. It decided to pay dividends from retained earnings with a consolidated payout ratio of approximately 35% and set a target of maintaining annual dividends of ¥15 per share regardless of profit levels.」
The company changed from its previous policy targeting net income of 40% and annual dividends of ¥10 to a new policy targeting a consolidated payout ratio of 35% and maintaining annual dividends of ¥15. The actual annual dividend for the 140th fiscal year was ¥15.50. - FY2017-Q3RestatedAnnual report
「Total interim dividends ¥1,251,036,171 Amount per share ¥7 Effective date of dividend receivable claims and payment commencement date 1 December 2016」
The total payment and payment commencement date for the ¥7-per-share interim dividend are disclosed. No change to the dividend policy itself is indicated. - FY2017-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 8 November 2016, the company resolved to pay an interim dividend as follows to shareholders or registered pledgees recorded in the shareholder register as of 30 September 2016.」
The company resolved to pay an interim dividend of ¥7 per share and continues to pay dividends. No change to the annual dividend policy itself was disclosed. - FY2016First statedAnnual report
「Our basic policy is to set total annual dividends at approximately 40% of net income. Regardless of profit levels, however, we aim to maintain an annual dividend of ¥10 per share.」
The company presents both a profit-linked dividend policy and a target of maintaining ¥10 per share regardless of profit levels. The annual dividend for the 139th fiscal year was ¥14.