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Azuma Shipping (9380) · PolicyAnnual dividend: ¥8; payout ratio: 37.0%

Stable and Appropriate Dividend

First written in FY2016. 20 of 32 entries say "Restated". Latest entry: FY2026.

32entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2024-Q32016: 120162017: 420172018: 420182019: 320192020: 320202021: 420212022: 420222023: 120232024: 220242025: 220252026: 42026
Same theme, other companies
Stable, continuous shareholder returns and a policy of increasing dividendsA theme 1090 companies write about · 2 as a headwind · 1114 as a tailwind
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 193 companies compared. The sentences above are computed from all 193.Comparing 200 of the theme's 1116 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2026Annual dividend: ¥8; payout ratio: 37.0%Annual report

    「Based on the above policy, the year-end dividend for the current fiscal year was set at ¥5 per share, and the annual dividend, including the interim dividend of ¥3 per share, was ¥8 per share. As a result, the payout ratio for the current fiscal year was 37.0%.」

    Under its policy of maintaining an annual dividend floor of ¥7 and targeting a payout ratio of at least 30%, the annual dividend increased from ¥7 in the previous fiscal year to ¥8.
  2. FY2026-H1RestatedAnnual report

    「At a meeting of the Board of Directors held on 26 September 2025, the company resolved to pay an interim dividend as follows to shareholders recorded on the shareholder register as of 30 September 2025. ① Total interim dividend: ¥85,470 thousand ② Dividend per share: ¥3」

    Under its stable and appropriate dividend policy, the company resolved to pay an interim dividend of ¥3 per share.
  3. FY2025RestatedAnnual report

    「The annual dividend per share will have a floor of ¥7. Dividends will be determined with a target payout ratio of at least 30%, taking into account business performance and the business environment. Based on this policy, the year-end dividend for the current fiscal year was set at ¥4 per share, and the annual dividend, including the interim dividend of ¥3 per share, was ¥7 per share. As a result, the payout ratio for the current fiscal year was 45.8%.」

    The company maintained its shareholder return policy of an annual dividend floor of ¥7 and a target payout ratio of at least 30%, paying an annual dividend of ¥7 at a payout ratio of 45.8%.
  4. FY2024RaisedAnnual report

    「The annual dividend per share will have a floor of ¥7. Dividends will be determined with a target payout ratio of at least 30%, taking into account the results, financial position and business environment for each fiscal year.」

    In addition to the previous stable and appropriate dividend policy, the company specified concrete shareholder return criteria: an annual dividend floor of ¥7 and a target payout ratio of at least 30%.
  5. FY2024-Q3RestatedAnnual report

    「Board of Directors meeting held on 28 September 2023 Ordinary shares ¥85,020 thousand 3.00 30 September 2023 1 December 2023 Retained earnings」

    In line with its stable and appropriate dividend policy, the company is paying an interim dividend of ¥3 per share, including a special dividend of ¥1.
  6. FY2023-Q3RestatedAnnual report

    「At a meeting of the Board of Directors held on 29 September 2022, the company resolved to pay an interim dividend as follows to shareholders recorded on the shareholder register as of 30 September 2022. ① Total interim dividend: ¥85,020 thousand ② Dividend per share: ¥3 (including a special dividend of ¥1)」

    Under its stable and appropriate dividend policy, the company reaffirmed its record of paying an interim dividend of ¥3 per share, including a special dividend of ¥1.
  7. FY2023-Q2RestatedAnnual report

    「At a meeting of the Board of Directors held on 29 September 2022, the company resolved to pay an interim dividend as follows to shareholders recorded on the shareholder register as of 30 September 2022. ① Total interim dividend: ¥85,020 thousand ② Dividend per share: ¥3 (including a special dividend of ¥1)」

    Under its stable and appropriate dividend policy, the company resolved to pay an interim dividend of ¥3 per share, including a special dividend of ¥1.
  8. FY2023-Q1RestatedAnnual report

    「Annual General Meeting of Shareholders held on 29 June 2022 Ordinary shares 113,361 4.00 31 March 2022 30 June 2022 Retained earnings」

    In line with its stable and appropriate dividend policy, the company is paying a year-end dividend of ¥4 per share, including a special dividend of ¥1.
  9. FY2022Annual dividend: ¥7; payout ratio: 41.6%Annual report

    「Based on the policy described above, the year-end dividend for the period was ¥4 per share (including a ¥1 special dividend), and the annual dividend, including the interim dividend of ¥3 per share (including a ¥1 special dividend), was ¥7 per share. The payout ratio for the period was 41.6%.」

    Under the policy of stable and appropriate dividends, the annual dividend, including a special dividend, was ¥7 per share and the payout ratio was 41.6%.
  10. FY2022-Q3RestatedAnnual report

    「The total dividend approved by the Board of Directors on 29 September 2021 includes ¥1.536 million in dividends on the Company’s shares held by the stock-delivery trust for officers.」

    An interim dividend of ¥3 per share, including a ¥1 special dividend, was paid pursuant to the resolution of 29 September 2021, reflecting the policy of stable and appropriate dividends.
  11. FY2022-Q2Resolution on interim dividend, including a special dividendAnnual report

    「Regarding the interim dividend for the 121st fiscal period (1 April 2021 to 31 March 2022), the Board of Directors, at its meeting held on 29 September 2021, resolved to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2021: ① Total interim dividend: ¥85.020 million ② Amount per share: ¥3 (including a ¥1 special dividend).」

    Under the policy of stable and appropriate dividends, an interim dividend of ¥3 per share was approved, of which ¥1 was designated as a special dividend.
  12. FY2022-Q1RestatedAnnual report

    「Annual General Meeting of Shareholders held on 29 June 2021; common shares; ¥113.361 million; ¥4.00; 31 March 2021; 30 June 2021; retained earnings」

    A year-end dividend of ¥4 per share funded by retained earnings was paid, of which ¥1 was a 15th anniversary of listing commemorative dividend.
  13. FY2021Increase in annual dividend, including commemorative dividends, and decrease in payout ratioAnnual report

    「Based on the policy described above, the year-end dividend for the period was ¥4 per share (including a ¥1 15th anniversary of listing commemorative dividend), resulting in an annual dividend of ¥6 per share including the interim dividend. The payout ratio for the period was 41.5%.」

    The policy of stable and appropriate dividends was maintained, and an annual dividend of ¥6 per share, including a ¥1 15th anniversary of listing commemorative dividend, was paid, with a payout ratio of 41.5%.
  14. FY2021-Q3RestatedAnnual report

    「At the Board of Directors meeting held on 29 October 2020, the Company resolved to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2020: ① Total interim dividend: ¥56.680 million ② Amount per share: ¥2.」

    An interim dividend of ¥2 per share was approved in line with the policy of stable and appropriate dividends.
  15. FY2021-Q2RestatedAnnual report

    「At the Board of Directors meeting held on 29 October 2020, the Company resolved to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2020: ① Total interim dividend: ¥56.680 million ② Amount per share: ¥2.」

    An interim dividend of ¥2 per share was approved in line with the policy of stable and appropriate dividends.
  16. FY2021-Q1RestatedAnnual report

    「Annual General Meeting of Shareholders held on 26 June 2020; common shares; ¥85.020 million; ¥3.00; 31 March 2020; 29 June 2020; retained earnings」

    A year-end dividend of ¥3 per share funded by retained earnings was paid, reflecting the policy of stable and appropriate dividends.
  17. FY2020-Q3RestatedAnnual report

    「At the Board of Directors meeting held on 30 October 2019, the Company resolved to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2019: ① Total interim dividend: ¥56.680 million ② Amount per share: ¥2.」

    An interim dividend of ¥2 per share was paid in line with the policy of stable and appropriate dividends.
  18. FY2020-Q2RestatedAnnual report

    「At the Board of Directors meeting held on 30 October 2019, the Company resolved to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2019: ① Total interim dividend: ¥56.680 million ② Amount per share: ¥2.」

    An interim dividend of ¥2 per share was approved in line with the policy of stable and appropriate dividends.
  19. FY2020-Q1RestatedAnnual report

    「Annual General Meeting of Shareholders held on 27 June 2019; common shares; ¥83.430 million; ¥3.00; 31 March 2019; 28 June 2019; retained earnings」

    A year-end dividend of ¥3 per share funded by retained earnings was paid, reflecting the policy of stable and appropriate dividends.
  20. FY2019Decrease in annual dividend and increase in payout ratioAnnual report

    「Based on the policy described above, the year-end dividend for the period was ¥3 per share, resulting in an annual dividend of ¥5 per share including the interim dividend. The payout ratio for the period was 78.0%.」

    While maintaining its policy of stable and appropriate dividends, the annual dividend was ¥5 per share and the payout ratio was 78.0%. The annual dividend decreased from ¥6 in the previous period, which included a commemorative dividend.
  21. FY2019-Q2Change in Interim DividendAnnual report

    「At the Board of Directors meeting held on 31 October 2018, the Company resolved to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2018: ① Total interim dividend: ¥55.620 million ② Amount per share: ¥2.」

    Under the policy of stable and appropriate dividends, an interim dividend of ¥2 per share was approved for the period.
  22. FY2019-Q1RestatedAnnual report

    「Annual General Meeting of Shareholders held on 28 June 2018; common shares; ¥83.431 million; ¥3.00; 31 March 2018; 29 June 2018; retained earnings」

    A year-end dividend of ¥3 per share funded by retained earnings was paid, reaffirming the results achieved under the policy of stable and appropriate dividends.
  23. FY2018Increase in dividend track record, including commemorative dividendsAnnual report

    「Based on the policy described above, the year-end dividend for the period was ¥3 per share, resulting in an annual dividend of ¥6 per share including the interim dividend (including a ¥1 100th anniversary commemorative dividend). The payout ratio for the period was 28.1%.」

    While maintaining its policy of stable and appropriate dividends, the Company reported an annual dividend of ¥6 per share, including a ¥1 100th anniversary commemorative dividend, and a payout ratio of 28.1%.
  24. FY2018-Q3RestatedAnnual report

    「Board of Directors resolution dated 11 September 2017; common shares; ¥83.431 million; ¥3.00; 30 September 2017; 1 December 2017; retained earnings」

    An interim dividend of ¥3 per share was paid in line with the policy of stable and appropriate dividends. Of this amount, ¥1 was a 100th anniversary commemorative dividend.
  25. FY2018-Q2RestatedAnnual report

    「Regarding the interim dividend for the 117th fiscal period (1 April 2017 to 31 March 2018), the Board of Directors, at its meeting held on 11 September 2017, resolved to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2017: ① Total interim dividend: ¥83.431 million ② Amount per share: ¥3 (including a ¥1 100th anniversary commemorative dividend).」

    An interim dividend was approved in line with the policy of stable and appropriate dividends. Of the ¥3 per share, ¥1 was a 100th anniversary commemorative dividend.
  26. FY2018-Q1RestatedAnnual report

    「Annual General Meeting of Shareholders held on 29 June 2017; common shares; total dividend: ¥83.431 million; dividend per share: ¥3.00; record date: 31 March 2017; effective date: 30 June 2017; source of dividend: retained earnings」

    A dividend of ¥3 per share funded by retained earnings was paid for the period, reflecting the policy of stable returns of profits.
  27. FY2017RestatedAnnual report

    「To meet shareholders’ expectations, our basic policy is to sustainably enhance corporate value and pay stable and appropriate dividends as part of the return of profits.」

    The Company reaffirmed its policy of stable and appropriate dividends, setting the annual dividend for the period at ¥5 per share and the payout ratio at 34.4%.
  28. FY2017-Q3RestatedAnnual report

    「Regarding the interim dividend for the 116th fiscal period (1 April 2016 to 31 March 2017), the Board of Directors, at its meeting held on 31 October 2016, resolved to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2016.」

    The disclosure states that an interim dividend of ¥2 per share was paid in line with the basic policy of stable and appropriate dividends.
  29. FY2016First statedAnnual report

    「To meet shareholders’ expectations, our basic policy is to sustainably enhance corporate value and pay stable and appropriate dividends as part of the return of profits.」

    Stability and appropriateness are the basic principles of the dividend policy.
Moved together

"Appropriate Maintenance and Effective Utilization of Owned Assets" moved the same way as this thread, in the same document, in 3 of its 32 moves.

33222★12345
  1. ★This thread
  2. 1Appropriate Maintenance and Effective Utilization of Owned Assets3×
  3. 2Investment in Logistics Facilities and Information Systems Using Retained Earnings3×
  4. 3Fundamental Reform of Unprofitable Businesses2×
  5. 4Strengthening cement transportation capacity through the construction of a dedicated cement carrier2×
  6. 5Declining Profitability of Fixed Assets and Impairment Risk2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Azuma Shipping yet. It last moved in the General Meetings of Shareholders of 2026-06-03: "Raised".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Stable and Appropriate Dividend | Azuma Shipping Co.,Ltd. (9380) | Komori