Consolidated performance-linked dividend policy targeting a 30% payout ratio
First written in FY2017. 5 of 10 entries say "Restated". Latest entry: 2026-05-14.
- FY2024RaisedAnnual report
「The company regards returning profits to shareholders as an important management priority and, raising its target consolidated payout ratio from the previous 30% to 40%, will make stable and consistent dividend payments as its basic policy.」
The company raised its target consolidated payout ratio from the previous 30% to 40%. - FY2023RestatedAnnual report
「The company regards returning profits to shareholders as an important management priority and, targeting a consolidated payout ratio of 30%, will make stable and consistent dividend payments as its basic policy.」
The company continues its policy targeting a consolidated payout ratio of 30% and a minimum annual dividend per share of ¥30 for fiscal years 2021 through 2023. - FY2022RaisedAnnual report
「For fiscal years 2021 through 2023, which are covered by the TBS Group Medium-Term Management Plan 2023, the annual dividend per share will be at least ¥30. However, the minimum dividend may be reviewed if the company fails to generate net income attributable to owners of the parent for 2 consecutive fiscal years.」
In addition to the previous policy targeting a 30% payout ratio, the company announced a time-limited policy setting the annual dividend per share at a minimum of ¥30 for fiscal years 2021 through 2023. - FY2020RestatedAnnual report
「With the aim of clearly demonstrating its emphasis on returning profits to shareholders, the company has adopted a dividend policy linked to consolidated performance. Specifically, dividends are based on consolidated net income attributable to owners of the parent, with a target payout ratio of 30%.」
The company continued to state its dividend policy linked to consolidated performance, targeting a payout ratio of 30%. - FY2018RestatedAnnual report
「With the aim of clearly demonstrating its emphasis on returning profits to shareholders, the company has adopted a dividend policy linked to consolidated performance. Specifically, dividends are based on consolidated net income attributable to owners of the parent, with a target payout ratio of 30%.」
The company continues its dividend policy linked to consolidated performance, targeting a payout ratio of 30%. - FY2017First statedAnnual report
「With the aim of clearly demonstrating its emphasis on returning profits to shareholders, the company has adopted a dividend policy linked to consolidated performance. Specifically, dividends are based on consolidated net income attributable to owners of the parent, with a target payout ratio of 30%.」
The company has for the first time explicitly stated a dividend policy based on consolidated net income attributable to owners of the parent, targeting a payout ratio of 30%.