Stable shareholder returns with a consolidated dividend payout ratio of approximately 85% as a guideline
First written in FY2019. 5 of 16 entries say "Restated". Latest entry: 2026-10-29.
- FY2024Changed from explicitly stating a payout ratio of approximately 85% to a policy of stable and continuous dividendsAnnual report
「With respect to dividends, our policy is to pay stable and continuous dividends while comprehensively considering business performance, financial condition, cash flow and other factors.」
The previous specific guideline of a consolidated payout ratio or total payout ratio of approximately 85% was not reiterated in the dividend policy of this annual securities report, and the policy changed to a qualitative policy that emphasises stability and continuity. The annual dividend on common shares for the next period is expected to be ¥86. - FY2024-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 23 October 2023, it was resolved to pay an interim dividend to shareholders recorded on the shareholder register as of 30 September 2023, as follows: ① Total dividends: ¥203,478 million ② Dividend per share: ¥43.00」
Under the stable shareholder return policy, an interim dividend of ¥43 per share was resolved. - FY2023AdvancedAnnual report
「Total number of shares that may be acquired: 56,300,000 shares (maximum); total acquisition cost: ¥100.0 billion (maximum); acquisition period: 11 May 2023 to 31 March 2024」
Based on the shareholder return policy of a total payout ratio of approximately 85%, the company resolved to repurchase its own shares, up to 56.3 million shares and ¥100.0 billion. - FY2022-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 22 October 2021, it was resolved to pay an interim dividend to shareholders recorded on the shareholder register as of 30 September 2021, as follows: ① Total dividends: ¥202,189 million ② Dividend per share: ¥43.00」
Under the existing stable shareholder return policy, an interim dividend of ¥43 per share was resolved. - FY2022-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 21 May 2021, it was resolved to pay a year-end dividend to shareholders recorded on the shareholder register as of 31 March 2021, as follows: ① Total dividends: ¥201,519 million ② Dividend per share: ¥43.00」
Under the existing policy of using a consolidated payout ratio and total payout ratio of approximately 85% as guidelines, a year-end dividend of ¥43 per share was paid. - FY2021AdvancedAnnual report
「During the current fiscal year, 78,461,400 treasury shares were acquired at a total acquisition cost of ¥99,999,995,850.」
Share repurchases progressed under the policy of a total payout ratio of approximately 85%, with approximately 78.46 million shares acquired for approximately ¥100.0 billion during the current period. An annual dividend of ¥86 is planned. - FY2021-Q3AdvancedAnnual report
「During the nine-month period ended 31 December 2020, treasury shares increased by 54,619 thousand shares through the acquisition of treasury shares based on a resolution of the Board of Directors meeting held on 28 August 2020, at an acquisition cost of ¥66,857 million.」
Share repurchases were conducted under the policy of a total payout ratio of approximately 85%, with 54,619 thousand shares acquired at an acquisition cost of ¥66,857 million. - FY2021-Q2AdvancedAnnual report
「The total number of shares to be acquired is 80,000,000 shares (maximum), representing 1.68% of the total number of issued shares excluding treasury shares as of 30 June 2020. The total acquisition cost is ¥100.0 billion (maximum), and the acquisition period is from 1 October 2020 to 31 March 2021.」
Based on the policy of a total payout ratio of approximately 85%, the company made a specific decision to repurchase its own shares. The maximum acquisition was set at 80 million shares and ¥100.0 billion, with the acquisition period also specified. - FY2021-Q1ReframedAnnual report
「Under this policy, for the fiscal years ending March 2021 through March 2023, we aim to provide stable and continuous dividends per share, using a total payout ratio of approximately 85% of net income attributable to owners of the parent as a guideline, while considering flexible share repurchases.」
The framework was changed from the previous policy of using a consolidated payout ratio of approximately 85% as a guideline to a total payout ratio of approximately 85%, including dividends and share repurchases, for the 3 years from the fiscal year ending March 2021 through the fiscal year ending March 2023. - FY2020RestatedAnnual report
「We aim to provide stable dividends per share, using a consolidated payout ratio of approximately 85% of net income attributable to owners of the parent as a guideline. For the next period, the annual dividend per share is expected to be ¥86, including an interim dividend of ¥43.」
The policy of using a consolidated payout ratio of approximately 85% as a guideline has been maintained, and an annual dividend of ¥86 is planned for the next period. - FY2020-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 28 October 2019, it was resolved to pay an interim dividend to shareholders recorded on the shareholder register as of 30 September 2019, as follows: ① Total dividends: ¥202,584 million ② Dividend per share: ¥42.50」
Under the stable shareholder return policy, an interim dividend of ¥42.50 per share was resolved. No change to the existing target of a consolidated payout ratio of approximately 85% was stated. - FY2019First statedAnnual report
「Under this policy, we aim to provide stable dividends per share, using a consolidated payout ratio of approximately 85% of net income as a guideline.」
As its shareholder return policy following listing, the company has for the first time confirmed a target of stable dividends based on a consolidated payout ratio of approximately 85%. Retained earnings are to be allocated to the repayment of interest-bearing liabilities, capital expenditure, M&A and other purposes.