Maintaining stable dividends and returning the benefits of growth
First written in FY2016. 21 of 36 entries say "Restated". Latest entry: 2026-07-31.
42 other companies' latest entry also says "Advanced".
- 2026-07-31AdvancedEarnings
「Fiscal year ending March 2027 (forecast) 50.00 — 55.00 105.00」
The annual dividend forecast is ¥105, indicating an increase from the ¥100 annual dividend for the fiscal year ending March 2026. - FY2026AdvancedAnnual report
「At its meeting held on 9 May 2025, the Board of Directors resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied mutatis mutandis pursuant to Article 165, paragraph 3 of the same Act.」
To improve capital efficiency and enhance shareholder returns, the Company conducted a treasury share acquisition of up to 9 million shares for a maximum of ¥20 billion and acquired 6,713,200 shares. The acquired shares were cancelled on 15 May 2026. The Company also maintained its policy of using a total payout ratio of 30% as a guideline and its annual dividend of ¥100 per share. - FY2026-H1AdvancedAnnual report
「At its meeting held on 9 May 2025, the Board of Directors resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied mutatis mutandis pursuant to Article 165, paragraph 3 of the same Act.」
To improve capital efficiency and enhance shareholder returns, the Company acquired up to 9 million shares for a maximum of ¥20 billion. As of 30 September 2025, it had acquired 3,565,600 shares for ¥10.037 billion. The acquired shares are scheduled for cancellation, and the interim dividend remains unchanged from the same period of the previous year at ¥50 per share. - FY2025-H1AdvancedAnnual report
「Regarding the interim dividend, the Board of Directors resolved at its meeting held on 31 October 2024 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2024. ① Total dividends: ¥9,152 million ② Dividend per share: ¥50.00」
The interim dividend was increased to ¥50 per share from ¥45 in the same period of the previous year. The dividend increased under the policy of stable and continuous shareholder returns. - FY2024AdvancedAnnual report
「For the current fiscal year, the year-end dividend is ¥55 per share, making the dividend ¥100 per share including the interim dividend.」
The annual dividend increased to ¥100 per share from ¥90 in the previous fiscal year. The Company also maintained its policy of stable and continuous shareholder returns, using a consolidated dividend payout ratio of 30% as a guideline. - FY2024-Q3RestatedAnnual report
「Regarding the interim dividend, the Board of Directors resolved at its meeting held on 31 October 2023 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2023. ① Total dividends: ¥8,237 million ② Dividend per share: ¥45.00」
The resolution to pay an interim dividend of ¥45 per share for which 30 September 2023 was the record date is restated. - FY2024-Q2AdvancedAnnual report
「Regarding the interim dividend, the Board of Directors resolved at its meeting held on 31 October 2023 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2023. ① Total dividends: ¥8,237 million ② Dividend per share: ¥45.00」
The interim dividend was increased to ¥45 per share from ¥40 in the same period of the previous year. The Company disclosed the specific increase in the dividend under its policy of continuing stable dividends. - FY2024-Q1AdvancedAnnual report
「28 June 2023 Annual General Meeting of Shareholders Common shares 9,152 50 31 March 2023 29 June 2023 Retained earnings」
A dividend of ¥50 per share was paid on the common shares for the fiscal year ended March 2023, an increase from ¥40 per share in the previous fiscal year. - FY2023-Q3AdvancedAnnual report
「Regarding the interim dividend, the Board of Directors resolved at its meeting held on 31 October 2022 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2022. ① Total dividends: ¥7,321 million ② Dividend per share: ¥40.00」
The interim dividend was increased to ¥40 per share from ¥35 in the same quarter of the previous fiscal year. The Company disclosed the specific increase in the dividend under its policy of continuing stable dividends. - FY2023-Q1RestatedAnnual report
「28 June 2022 Annual General Meeting of Shareholders Common shares 7,321 40 31 March 2022 29 June 2022 Retained earnings」
A dividend of ¥40 per share was paid on the common shares for the fiscal year ended March 2022, and the Company has continued its stable dividend policy. - FY2022RestatedAnnual report
「The Company will seek to enhance stable and continuous returns based on profit levels, earnings outlook, financial position and other factors, using a consolidated dividend payout ratio of approximately 30%, excluding short-term factors causing fluctuations in profit, as a guideline.」
The Company maintained its policy of stable and continuous shareholder returns, using a consolidated dividend payout ratio of approximately 30% as a guideline, and the annual dividend was ¥75 per share. - FY2022-Q3RestatedAnnual report
「Regarding the interim dividend, the Board of Directors resolved at its meeting held on 29 October 2021 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2021. ① Total dividends: ¥6,406 million ② Dividend per share: ¥35.00」
The Company resolved to pay an interim dividend of ¥35 per share for which 30 September 2021 was the record date and has continued its stable dividend policy. - FY2022-Q1RestatedAnnual report
「25 June 2021 Annual General Meeting of Shareholders Common shares 7,321 40 31 March 2021 28 June 2021 Retained earnings」
A dividend of ¥40 per share was paid on the common shares for the fiscal year ended March 2021, and the Company has continued its stable dividend policy. - FY2021-Q3RestatedAnnual report
「Regarding the interim dividend, the Board of Directors resolved at its meeting held on 30 October 2020 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2020. ① Total dividends: ¥6,406 million ② Dividend per share: ¥35.00」
The Company resolved to pay an interim dividend of ¥35 per share for which 30 September 2020 was the record date and has continued its stable dividend policy. - FY2021-Q1RestatedAnnual report
「25 June 2020 Annual General Meeting of Shareholders Common shares 7,321 40 31 March 2020 26 June 2020 Retained earnings」
A dividend of ¥40 per share was paid on the common shares for the fiscal year ended March 2020, and the Company has continued its stable dividend policy. - FY2020-Q3RestatedAnnual report
「Regarding the interim dividend, the Board of Directors resolved at its meeting held on 31 October 2019 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2019. ① Total dividends: ¥6,406 million ② Dividend per share: ¥35.00」
The Company paid an interim dividend of ¥35 per share for which 30 September 2019 was the record date and has continued its stable dividend policy. - FY2020-Q2RestatedAnnual report
「Regarding the interim dividend, the Board of Directors resolved at its meeting held on 31 October 2019 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2019.」
The Company resolved to pay an interim dividend of ¥35 per share for which 30 September 2019 was the record date and has continued its stable dividend policy. - FY2020-Q1RestatedAnnual report
「26 June 2019 Annual General Meeting of Shareholders Common shares 7,321 40 31 March 2019 27 June 2019 Retained earnings」
A dividend of ¥40 per share was paid on the common shares for the fiscal year ended March 2019, and the Company has continued its stable dividend policy. - FY2019ReframedAnnual report
「Regarding returns to shareholders, the Company will seek to enhance stable and continuous returns based on profit levels, earnings outlook, financial position and other factors, using a consolidated dividend payout ratio of approximately 30%, excluding short-term factors causing fluctuations in profit, as a guideline. For the current fiscal year, the year-end dividend is ¥40 per share, making the dividend ¥75 per share including the interim dividend. As a result, the dividend payout ratio is 26.0% and the consolidated dividend payout ratio is 29.7%.」
In addition to its policy of continuing stable dividends, the Company clearly set out a framework using a consolidated dividend payout ratio of approximately 30%, excluding short-term factors, as a guideline. The full-year dividend was ¥75 per share, and the consolidated dividend payout ratio was 29.7%. - FY2019-Q3RestatedAnnual report
「Regarding the interim dividend, the Board of Directors resolved at its meeting held on 31 October 2018 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2018.」
The Company paid an interim dividend of ¥35 per share for which 30 September 2018 was the record date and has continued its stable dividend policy. - FY2019-Q2RestatedAnnual report
「Regarding the interim dividend, the Board of Directors resolved at its meeting held on 31 October 2018 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2018.」
The Company resolved to pay an interim dividend of ¥35 per share for which 30 September 2018 was the record date and has continued its stable dividend policy. - FY2019-Q1AdvancedAnnual report
「27 June 2018 Annual General Meeting of Shareholders Common shares 7,321 40 31 March 2018 28 June 2018 Retained earnings」
A dividend of ¥40 per share was paid on the common shares for the fiscal year ended March 2018. The dividend increased from the previously reported ¥35 per share. - FY2018-Q3RestatedAnnual report
「Regarding the interim dividend, the Board of Directors resolved at its meeting held on 31 October 2017 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2017.」
The Company resolved to pay an interim dividend of ¥35 per share for which 30 September 2017 was the record date and has continued its stable dividend policy. - FY2018-Q2RestatedAnnual report
「Regarding the interim dividend, the Board of Directors resolved at its meeting held on 31 October 2017 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2017.」
The Company resolved to pay an interim dividend of ¥35 per share for which 30 September 2017 was the record date and has continued its stable dividend policy. - FY2018-Q1RestatedAnnual report
「28 June 2017 Annual General Meeting of Shareholders Common shares 6,406 35 31 March 2017 29 June 2017 Retained earnings」
A dividend of ¥35 per share for the fiscal year ended March 2017 was paid on 29 June 2017. - FY2017RestatedAnnual report
「With respect to returns to shareholders, given the characteristics of our business, we place the greatest emphasis on maintaining stable dividends and will also work to enhance shareholder returns from growth by sustainably increasing corporate value through our long-term initiatives.」
The company reconfirmed its basic policy of emphasizing stable dividends, setting total interim and year-end dividends for the current fiscal year at ¥70 per share, with a payout ratio of 24.9%. - FY2017-Q3RestatedAnnual report
「With respect to the interim dividend, at a meeting of the Board of Directors held on 31 October 2016, the company resolved to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2016.」
The company resolved to pay an interim dividend of ¥35 per share and continues to maintain stable dividends. - FY2017-Q2RestatedAnnual report
「With respect to the interim dividend, at a meeting of the Board of Directors held on 31 October 2016, the company resolved to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2016.」
The company resolved to pay an interim dividend with a record date of 30 September 2016, setting the dividend at ¥35 per share. This specifically reconfirms the continuation of stable dividends. - FY2017-Q1RestatedAnnual report
「22 June 2016 Annual General Meeting of Shareholders Common shares 6,406 35 31 March 2016 23 June 2016 Retained earnings」
A dividend of ¥35 per share for the fiscal year ended March 2016 was paid on 23 June 2016. - FY2016First statedAnnual report
「With respect to returns to shareholders, given the characteristics of our business, we place the greatest emphasis on maintaining stable dividends and will also work to enhance shareholder returns from growth by sustainably increasing corporate value through our long-term initiatives.」
Given the business characteristics of long-term investment in and recovery of infrastructure investments, the company places the highest priority on stable dividends while seeking to enhance shareholder returns. The dividend for the current fiscal year is ¥70 per share, with a payout ratio of 42.1%.