Shareholder Return Policy Emphasizing the Balance Between Retained Earnings and Future Dividends
First written in FY2023. 7 of 12 entries say "Raised", first in FY2024. Latest entry: 2026-09-18.
The whole theme swung hardest in 2017: 1 of 12 companies on the "Worse" side.
30 other companies' latest entry also says "Restated".
- 2026-09-18RestatedManagement plan
「With a payout ratio of 50% as a guideline, we plan to pay continuous and stable dividends in line with business growth. We will also pay dividends twice a year, comprising an interim dividend and a year-end dividend.」
The shareholder return policy of maintaining retained earnings while targeting a 50% payout ratio and paying dividends twice a year was reiterated. - FY2026RaisedAnnual report
「For the purpose of further enhancing shareholder returns, the company has decided to raise its target payout ratio from 40% for the fiscal year ending June 2026 to 50%. It also adopted a policy of paying dividends twice a year, consisting of an interim dividend and a year-end dividend. The basic policy after the change will apply from the fiscal year ending June 2027.」
The company raised its target payout ratio from 40% to 50% and expanded its policy from annual dividend payments to twice-yearly payments consisting of an interim dividend and a year-end dividend. The revised policy will apply from the fiscal year ending June 2027. - FY2026-H1RestatedAnnual report
「13 August 2025 Regular Board of Directors meeting Common shares 173,686 47.00 30 June 2025 22 September 2025 Retained earnings」
The statement of changes in shareholders' equity records a dividend of ¥47 per share, totalling ¥173.686 million, relating to the fiscal year ended June 2025 and paid in September 2025. - FY2025RaisedAnnual report
「Regarding future dividend policy, while maintaining a sound financial position and securing retained earnings for business expansion, we plan to pay continuous and stable dividends in line with business growth, with a payout ratio of 40% as a guideline.」
The company indicated that it would raise its target payout ratio from 30% for the fiscal year ending June 2025 to 40%, applying the revised policy from the fiscal year ending June 2026. The policy of balancing retained earnings and shareholder returns has been expanded further toward shareholder returns. - FY2024RaisedAnnual report
「The basic policy for future dividends will apply from the fiscal year ending June 2025.」
The company changed its policy to retain earnings while paying continuous and stable dividends in line with growth, using a payout ratio of 30% as a guideline from the fiscal year ending June 2025. - FY2023First statedAnnual report
「The company's basic policy for future dividends is to return profits to shareholders through dividends, taking into account operating results and financial position for each fiscal year while balancing this with retained earnings needed to maintain a sound financial position and prepare for future business expansion.」
The company has newly organised its policy of considering dividends based on operating performance and financial position for each fiscal year while securing retained earnings to prepare for future business expansion.