New Target: Total Payout Ratio of at Least 35%
First written in FY2025. 6 of 7 entries say "Advanced", first in FY2026-H1. Latest entry: FY2026.
43 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「During the third and fourth quarters, the Company sold 1 listed security held as a cross-shareholding. It also repurchased 2,601,900 shares of treasury stock between 7 November and 17 December 2025 and cancelled all the treasury shares acquired.」
In line with its policy of a total payout ratio of at least 35% and reducing cross-shareholdings, the Company sold 1 listed shareholding, repurchased treasury stock and cancelled all repurchased shares. - FY2026-H1AdvancedAnnual report
「The Company recognizes enhancing returns to shareholders as an important management issue. In May 2025, it announced the Medium-Term Management Plan 2025-2027, which states that, while maintaining a basic policy of continuous and stable shareholder returns, it will set a total payout ratio of at least 35% as a new target. Based on this policy, the Company will repurchase its own shares to enhance shareholder returns and capital efficiency. All repurchased shares will be cancelled.」
Based on the target of a total payout ratio of at least 35%, the Company decided to repurchase its own shares and cancel all repurchased shares. - FY2025First statedAnnual report
「The Company aims to expand its earnings base by funding growth investments with cash flow generated between FY2025 and FY2027. While reducing cross-shareholdings and maintaining a basic policy of continuous and stable shareholder returns, it has set a total payout ratio of at least 35% as a new target.」
The Company established new capital policy targets combining its policy of continuous and stable shareholder returns with cash flow for FY2025–FY2027, the reduction of cross-shareholdings, and a total payout ratio of at least 35%.