Continuing shareholder returns based on a consolidated dividend payout ratio of 30% and share repurchases
First written in FY2018. 5 of 9 entries say "Restated". Latest entry: 2026-05-29.
38 other companies' latest entry also says "Restated".
- FY2025Increase in the target consolidated dividend payout ratio from 40% to 70%Annual report
「The company had paid dividends targeting a consolidated dividend payout ratio of 40% for the fiscal years ending March 2022 through March 2025, but will pay dividends targeting a consolidated dividend payout ratio of 70% from the fiscal year ending March 2026 in order to enhance profit returns.」
The company indicates a policy of increasing its target consolidated dividend payout ratio from 40% through the fiscal year ending March 2025 to 70% from the fiscal year ending March 2026 onward. Its policy of continuing share repurchases is also maintained. - FY2024RestatedAnnual report
「Although the company targets a consolidated dividend payout ratio of 30%, it will pay dividends targeting a consolidated dividend payout ratio of 40% for the fiscal years ending March 2022 through March 2025 in order to enhance profit returns. Its basic policy is also to continue repurchasing its own shares, making flexible decisions with the aim of enhancing total shareholder returns and improving capital efficiency.」
The company states its policy of targeting a 40% dividend payout ratio for the fiscal years ending March 2022 through March 2025 and continuing share repurchases. - FY2022Plan for share repurchases of approximately ¥30 billion over 3 years and a total payout ratio of 90%, in addition to a 40% dividend payout ratioAnnual report
「c. Increasing shareholder returns ① Payment of dividends targeting a consolidated dividend payout ratio of 40% ② Repurchase of approximately ¥30 billion of the company’s own shares over 3 years, with shares exceeding 5% of the total number of issued shares to be cancelled ③ Through ① and ② above, shareholder returns equivalent to a total payout ratio of 90% in each fiscal year」
The company has moved from its previous policy of a 40% consolidated dividend payout ratio and continued share repurchases to a specific and expanded shareholder return plan involving repurchases of approximately ¥30 billion over 3 years, cancellation of excess shares, and a total payout ratio of 90%. - FY2021Increase in the target consolidated dividend payout ratio from 30% to 40% for a specified periodAnnual report
「Although the company targets a consolidated dividend payout ratio of 30%, it will pay dividends targeting a consolidated dividend payout ratio of 40% for the fiscal years ending March 2023 through March 2025 in order to enhance profit returns.」
While maintaining its previous policy of targeting a consolidated dividend payout ratio of 30%, the company has added a policy of targeting 40% for the fiscal years ending March 2023 through March 2025. It also states its policy of continuing share repurchases. - FY2019RestatedAnnual report
「Regarding the allocation of profits, the company aims to build retained earnings to strengthen its corporate foundation and prepare for proactive business expansion, while positioning enhanced shareholder returns as an important initiative. It will pay dividends linked to earnings, targeting a consolidated dividend payout ratio of 30% while taking into account earnings trends and the balance with retained earnings. The company’s basic policy is also to continue repurchasing its own shares, making flexible decisions with the aim of enhancing total shareholder returns and improving capital efficiency.」
The company reiterates its dividend policy of targeting a consolidated dividend payout ratio of 30% and its policy of continuing share repurchases. - FY2018First statedAnnual report
「The company has positioned enhanced shareholder returns as an important initiative and will pay dividends linked to earnings, targeting a consolidated dividend payout ratio of 30% while taking into account earnings trends and the balance with retained earnings. The 30% consolidated dividend payout ratio will apply from the following fiscal year, the 80th fiscal year ending March 2019. The company’s basic policy is also to continue repurchasing its own shares, making flexible decisions with the aim of enhancing total shareholder returns and improving capital efficiency.」
In addition to its previous disclosure on dividend payments, the company states its policy of targeting a consolidated dividend payout ratio of 30% from the following fiscal year and its basic policy of continuing share repurchases.