Stable Dividend Policy with a DOE Floor of Approximately 1%
First written in FY2017. 5 of 9 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「Under the Eighth Medium-Term Management Plan, which began in fiscal 2025, the company will implement progressive dividends by maintaining or increasing the previous fiscal year’s dividend, taking into account current and future consolidated business performance, financial soundness and other factors.」
The company reaffirmed its progressive dividend policy under the Eighth Medium-Term Management Plan and increased the annual dividend to ¥38 in the fiscal year. - FY2025RaisedAnnual report
「Under the Eighth Medium-Term Management Plan, which began in fiscal 2025, the basic policy is to implement progressive dividends by maintaining or increasing the previous fiscal year’s dividend, taking into account current and future consolidated business performance, financial soundness and other factors.」
The dividend payout ratio reached 42.8% in the final year of the Seventh Medium-Term Management Plan, exceeding the target of more than 40%. Under the Eighth Plan, progressive dividends, consisting of maintaining or increasing the previous fiscal year’s dividend, were added as a basic policy. - FY2022RaisedAnnual report
「In addition to stable dividends based on a DOE (Dividend on Equity) of approximately 1% on a consolidated basis as the minimum guideline, the company aims to achieve a dividend payout ratio of more than 40% in fiscal 2024, the final year of the Seventh Medium-Term Management Plan, “Let’s TRY! 2024.”」
The minimum DOE guideline was changed from a non-consolidated basis to a consolidated basis, and a new target of a dividend payout ratio above 40% in fiscal 2024 was added. - FY2021RestatedAnnual report
「The company’s policy is to pay stable dividends, setting a DOE (Dividend on Equity) of approximately 1% on a non-consolidated basis as the minimum guideline, while comprehensively considering current and future business performance, the dividend payout ratio, financial soundness and other factors, except in the event of special circumstances.」
The company has reiterated its stable dividend policy, with DOE of approximately 1% as the minimum guideline, and the dividend-on-equity ratio was 1.1% for the fiscal year. - FY2020RestatedAnnual report
「The company’s policy is to pay stable dividends, setting a DOE (Dividend on Equity) of approximately 1% on a non-consolidated basis as the minimum guideline, while comprehensively considering current and future business performance, the dividend payout ratio, financial soundness and other factors, except in the event of special circumstances.」
The company has reiterated its stable dividend policy, with DOE of approximately 1% as the minimum guideline. - FY2018RestatedAnnual report
「Regarding dividends, the Company's basic policy is to prioritize the interests of shareholders in determining allocations, while taking into consideration the nature of its business, strengthening its financial position and enhancing retained earnings. The Company uses a dividend on equity (DOE) of approximately 1% on a non-consolidated basis as a lower guideline, while comprehensively considering current and future performance, the dividend payout ratio and financial soundness, and pays stable dividends except when special factors apply.」
The company has reiterated its stable dividend policy, with DOE of approximately 1% as the minimum guideline. DOE was 1.3% for the fiscal year. - FY2017First statedAnnual report
「Regarding dividends, the Company's basic policy is to prioritize the interests of shareholders in determining allocations, while taking into consideration the nature of its business, strengthening its financial position and enhancing retained earnings. The Company uses a dividend on equity (DOE) of approximately 1% on a non-consolidated basis as a lower guideline, while comprehensively considering current and future performance, the dividend payout ratio and financial soundness, and pays stable dividends except when special factors apply.」
The filing introduced for the first time a policy of paying stable dividends while prioritizing shareholder interests and taking financial strength and retained earnings into consideration, with DOE of approximately 1% as a lower guideline.