Stable Dividends and the Use of Retained Earnings to Strengthen the Financial Position and Fund Capital Investment
First written in FY2016. 13 of 28 entries say "Restated". Latest entry: 2026-07-30.
- 2026-07-30RestatedFinancial results presentation
「There has been no change from the previous announcement to the FY2026 interim and year-end dividend forecasts.」
The company reaffirmed its policy of leaving the FY2026 interim and year-end dividend forecasts unchanged from the previous announcement. - FY2026RaisedAnnual report
「The company's basic policy for allocating profits is to pay stable dividends with a target dividend-on-equity ratio (DOE) of 2%. Until the restart of Unit 3 of the Tomari Power Station, the company will make comprehensive decisions while targeting a DOE of 2% and keeping in mind the restoration of its financial base. This policy is referred to below as the shareholder-return policy.」
The stable-dividend policy was made more specific by introducing an explicit target of 2% DOE. For common shares, the company plans to pay ¥15 per share for the interim dividend and ¥17 for the year-end dividend, or ¥32 in total, for the current fiscal year, and ¥16.5 per share for each of the interim and year-end dividends in the following fiscal year. - FY2026-H1RaisedAnnual report
「31 October 2025 Board of Directors Common shares 3,086 15 30 September 2025 28 November 2025 Retained earnings」
The company set the interim dividend on common shares at ¥15 per share, up from ¥10 per share in the same period of the previous year. The interim dividend level was raised under the stable-dividend policy. - FY2024AdvancedAnnual report
「For the fiscal year's dividends, the company paid an interim dividend of ¥5 per common share and, after comprehensively considering the fiscal year's performance and the medium- to long-term operating environment, earnings and other factors, paid a year-end dividend of ¥15 per share.」
Common shares resumed dividend payments after no dividend in the previous fiscal year, paying ¥5 per share for the interim dividend and ¥15 for the year-end dividend, or ¥20 annually. For the following fiscal year, the company plans interim and year-end dividends of ¥10 per share each, or ¥20 annually. - FY2024-Q3AdvancedAnnual report
「26 October 2023 Board of Directors Common shares 1,028 5 30 September 2023 30 November 2023 Retained earnings Class B preferred shares 2,143 4,560,164 30 September 2023 30 November 2023 Retained earnings」
The company paid an interim dividend of ¥5 per common share and a dividend of ¥4,560,164 per Class B preferred share, including accumulated unpaid dividends for fiscal 2022. - FY2024-Q2AdvancedAnnual report
「26 October 2023 Board of Directors Common shares 1,028 5 30 September 2023 30 November 2023 Retained earnings」
For common shares, which had paid no dividend in the previous fiscal year, the company set an interim dividend of ¥5 per share for which the record date was 30 September 2023. It also set a dividend on Class B preferred shares, including accumulated unpaid dividends. - FY2023SoftenedAnnual report
「During the fiscal year, deteriorating earnings caused by surging fuel and wholesale electricity market prices made impairment of shareholders' equity unavoidable, and the company paid no dividends on either common or preferred shares.」
While maintaining a policy based on stable dividends, the company paid no dividends on either common or preferred shares for the fiscal year because of deteriorating earnings and impairment of shareholders' equity. Dividends for the following fiscal year also remained undecided. - FY2023-Q3RestatedAnnual report
「28 June 2022 Annual General Meeting of Shareholders Common shares 2,056 10 31 March 2022 29 June 2022 Retained earnings」
The company paid a year-end dividend of ¥10 per common share for which the record date was 31 March 2022, reconfirming the dividend level announced for the previous fiscal year. - FY2023-Q1RestatedAnnual report
「28 June 2022 Annual General Meeting of Shareholders Common shares 2,056 10 31 March 2022 29 June 2022 Retained earnings」
The company paid a year-end dividend of ¥10 per common share for which the record date was 31 March 2022, confirming the dividend policy of ¥10 per share for both the interim and year-end dividends announced for the previous fiscal year. - FY2022RestatedAnnual report
「For the following fiscal year, the company plans to pay interim and year-end dividends of ¥10 per common share each, while the dividend on Class B preferred shares will be paid in accordance with the articles of incorporation.」
The company set a dividend policy of ¥10 per common share for each of the interim and year-end dividends, or ¥20 annually, maintaining the previous fiscal year's annual dividend level. - FY2022-Q2RaisedAnnual report
「28 October 2021 Board of Directors Common shares 2,056 10 30 September 2021 30 November 2021 Retained earnings」
The company set the interim dividend on common shares, with a record date of 30 September 2021, at ¥10 per share, up from ¥5 per share in the same period of the previous year. The interim dividend on Class B preferred shares was ¥1,500,000 per share. - FY2022-Q1RestatedAnnual report
「25 June 2021 Annual General Meeting of Shareholders Common shares 3,079 15 31 March 2021 28 June 2021 Retained earnings」
The company disclosed that it had paid a ¥15 per share dividend on common shares for which the record date was 31 March 2021, from retained earnings. - FY2021-Q2RestatedAnnual report
「Common shares Total dividends: ¥1,027 million Dividend per share: ¥5 Effective date of dividend entitlement and payment commencement date: 30 November 2020」
The company set the interim dividend on common shares, with a record date of 30 September 2020, at ¥5 per share, continuing its track record of stable dividends. - FY2020-Q2RestatedAnnual report
「30 October 2019 Board of Directors Common shares 1,027 5 30 September 2019 29 November 2019 Retained earnings」
The company set the interim dividend on common shares, with a record date of 30 September 2019, at ¥5 per share, confirming the continuation of its stable-dividend policy from the previous fiscal year. - FY2019RaisedAnnual report
「After comprehensively considering the fiscal year's performance and financial position, as well as the future operating environment, the company paid a year-end dividend of ¥10 per common share, an increase of ¥5 from the previous fiscal year.」
While maintaining its stable-dividend policy, the company increased the year-end dividend on common shares from ¥5 to ¥10 per share. - FY2019-Q3RestatedAnnual report
「Common shares 1,027 5 31 March 2018 28 June 2018 Retained earnings Class A preferred shares 1,786 3,800,000 31 March 2018 28 June 2018 Retained earnings」
The company reported dividends of ¥5 per common share and ¥3,800,000 per Class A preferred share, reconfirming its dividend policy in practice. - FY2018RestatedAnnual report
「After comprehensively considering the challenging operating environment, including intensifying competition, and the company's net assets, the company paid a dividend of ¥5 per common share, the same amount as in the previous fiscal year. As it was unable to forecast performance, the interim and year-end dividends for the following fiscal year remained undecided.」
The company maintained its ¥5 per common share dividend while leaving dividends for the following fiscal year undecided. - FY2018-Q3RestatedAnnual report
「Common shares 1,027 5 31 March 2017 29 June 2017 Retained earnings Class A preferred shares 1,786 3,800,000 31 March 2017 29 June 2017 Retained earnings」
The company paid a dividend of ¥5 per common share and a dividend of ¥3,800,000 per Class A preferred share. - FY2018-Q1RestatedAnnual report
「Common shares 1,027 5 31 March 2017 29 June 2017 Retained earnings」
It was confirmed that a dividend of ¥5 per common share was paid on 29 June 2017, maintaining the same dividend as in the previous fiscal year. - FY2017SoftenedAnnual report
「Although ordinary profit for the fiscal year declined from the previous fiscal year, the company paid a dividend of ¥5 per common share, the same amount as in the previous fiscal year. As the company was unable to forecast its performance, interim and year-end dividends for the following fiscal year remained undecided for both common and preferred shares.」
The company maintained its ¥5 per common share dividend for the fiscal year, while leaving the interim and year-end dividends for the following fiscal year undecided because of the difficulty of forecasting performance. - FY2017-Q2RestatedAnnual report
「Common shares ¥1,027 million Dividend per share: ¥5 Record date: 31 March 2016 Effective date: 29 June 2016 Source of dividends: Retained earnings」
The fact that a dividend of ¥5 per common share was paid was stated again, confirming the company's track record of stable dividends. - FY2017-Q1RestatedAnnual report
「Common shares ¥1,027 million Dividend per share: ¥5 Record date: 31 March 2016 Effective date: 29 June 2016 Source of dividends: Retained earnings」
A dividend of ¥5 per common share was paid on 29 June 2016, confirming the company's track record of stable dividends. - FY2016First statedAnnual report
「In allocating profits, the company makes decisions based primarily on maintaining stable dividends, while comprehensively considering the medium- to long-term operating environment, earnings and other factors.」
The company stated its policy of using retained earnings to improve its financial position and fund capital investment, and paid a dividend of ¥5 per common share for the fiscal year.