Shareholder distributions targeting a total payout ratio of around 60% through fiscal 2020
First written in FY2017-Q1. 21 of 39 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-09-24.
- 2026-09-24AchievedTreasury Shares
「We also announce that the acquisition of treasury shares based on the resolution of the Board of Directors at its meeting held on 28 April 2026 has been completed with the acquisitions made through the past date.」
The company completed the treasury share acquisition authorized by the Board of Directors on 28 April 2026, acquiring a cumulative 8,018,200 shares for ¥49,999,469,700. This indicates completion of that acquisition authorization, not the end of the overall shareholder return policy. - 2026-09-22Achievedwww.nikkei.com
「Notice Regarding the Status of Share Buybacks and Completion of the Buyback」
自己株式の取得状況が公表され、取得を終了したことが報じられている。 - 2026-09-02AdvancedTreasury Shares
「Tokyo Gas hereby announces the status of its acquisition of treasury shares pursuant to the provisions of Article 156 of the Companies Act as applied by replacing the relevant terms pursuant to Article 165, paragraph 3 of that Act, as resolved by the Board of Directors at its meeting held on 28 April 2026, as follows.」
The company disclosed the August 2026 and cumulative results of its treasury share acquisition related to the shareholder return policy, specifically 1,838,300 shares and ¥11,113,393,500 in August, and 6,781,700 shares and ¥42,213,689,100 cumulatively. The canonical thread itself remains unchanged. - FY2026AdvancedAnnual report
「The dividends and purchase of treasury shares for the fiscal year are as follows. With respect to dividends, the company resolved to pay an annual dividend of ¥110 per share, including a ¥50 dividend with a record date of 30 September.」
Under the new policy centered on cumulative shareholder returns of at least ¥200 billion over fiscal 2026–2028 and progressive dividends, the company paid an annual dividend of ¥110 per share for the fiscal year and purchased treasury shares for ¥200,071 million. - FY2026-H1ReframedAnnual report
「In line with the policy described above, the company aims to provide at least ¥200 billion in cumulative shareholder returns over fiscal 2026–2028 and, through progressive dividends, to achieve a dividend of ¥140 per share in fiscal 2028.」
The company has restructured its previous policy of targeting a total payout ratio of approximately 40% in each fiscal year into a new plan combining cumulative shareholder returns of at least ¥200 billion over fiscal 2026–2028 with progressive dividends. During the interim consolidated accounting period, it also purchased 24,061,900 treasury shares for ¥119,999 million and cancelled 17,803,000 shares. - FY2025-H1AdvancedAnnual report
「The company conducted market purchases of treasury shares pursuant to Article 156 of the Companies Act as applied with the necessary changes under Article 165, paragraph 3 of the Act, as follows. The acquisition of treasury shares resolved at the Board of Directors meeting held on 25 April 2024 was completed with purchases through 9 September 2024. ① Purchase period: 7 May–9 September 2024 (on a contract-date basis) ② Number of shares purchased: 11,558,300 ③ Total purchase price: ¥39,999 million ④ Purchase method: Market purchases on the Tokyo Stock Exchange」
Under the policy of targeting a total payout ratio of approximately 40% in each fiscal year, the company completed the purchase of 11,558,300 treasury shares for a total of ¥39,999 million. It also resolved to conduct a new purchase of up to 17,000,000 shares and ¥40 billion from 18 November 2024 through 31 March 2025. - FY2024AdvancedAnnual report
「As a result, the total payout ratio for fiscal 2023 was 40.3%.」
Under the policy of targeting a total payout ratio of approximately 40% in each fiscal year, the company completed the purchase and cancellation of 34,422,900 treasury shares for a total of ¥112,999 million, resulting in an actual ratio of 40.3% for fiscal 2023. - FY2024-Q3AdvancedAnnual report
「During the cumulative third quarter of the fiscal year, the company purchased treasury shares as follows: ① Purchase period: 8 May–31 December 2023 (on a contract-date basis) ② Number of shares purchased: 31,871,700 ③ Total purchase price: ¥104,279 million ④ Purchase method: Market purchases on the Tokyo Stock Exchange The acquisition of treasury shares resolved at the Board of Directors meeting held on 26 April 2023 was completed with purchases through 23 January 2024, including the purchases described above.」
Under the policy of targeting a total payout ratio of approximately 40% in each fiscal year, the company purchased 31,871,700 shares for ¥104,279 million from May through December 2023, completing cumulative purchases of 34,422,900 shares for ¥112,999 million through 23 January 2024. - FY2024-Q2AdvancedAnnual report
「At the Board of Directors meeting held on 26 April 2023, the company resolved to purchase treasury shares pursuant to Article 156 of the Companies Act as applied with the necessary changes under Article 165, paragraph 3 of the Act. The purchases are being conducted from 8 May 2023 through 31 March 2024, up to a limit of 53 million shares and ¥113,000 million. During the cumulative second quarter of the fiscal year, the company purchased treasury shares as follows: ① Purchase period: 8 May–30 September 2023 (on a contract-date basis) ② Number of shares purchased: 20,167,300 ③ Total purchase price: ¥64,387 million ④ Purchase method: Market purchases on the Tokyo Stock Exchange」
Under the policy of targeting a total payout ratio of approximately 40% in each fiscal year, the company purchased 20,167,300 treasury shares for a total of ¥64,387 million from May through September 2023 and continued utilizing the purchase authorization through March 2024. - FY2024-Q1AdvancedAnnual report
「At the Board of Directors meeting held on 26 April 2023, the company resolved to purchase treasury shares pursuant to Article 156 of the Companies Act as applied with the necessary changes under Article 165, paragraph 3 of the Act. The purchases are being conducted from 8 May 2023 through 31 March 2024, up to a limit of 53 million shares and ¥113,000 million. During the cumulative first quarter of the fiscal year, the company purchased treasury shares as follows: ① Purchase period: 8 May–30 June 2023 (on a contract-date basis) ② Number of shares purchased: 8,025,900 ③ Total purchase price: ¥24,493 million ④ Purchase method: Market purchases on the Tokyo Stock Exchange」
Under the policy of targeting a total payout ratio of approximately 40% in each fiscal year, the company purchased 8,025,900 treasury shares for a total of ¥24,493 million from May through June 2023 and began utilizing the purchase authorization running through March 2024. - FY2023SoftenedAnnual report
「In addition to dividends, the company positions the purchase of treasury shares, subject to their cancellation, as one of its shareholder return measures, and sets a total payout ratio, defined as the ratio of dividends and purchases of treasury shares to consolidated net income, of approximately 40% in each fiscal year as a guideline.」
The company has changed its policy from a total payout ratio of approximately 50% in each fiscal year through fiscal 2022 to a new policy targeting approximately 40% in each fiscal year from fiscal 2023 onward. - FY2023-Q3RestatedAnnual report
「In addition to dividends, the company positions the purchase of its own shares, subject to their cancellation, as one of its shareholder return measures, and sets a target total payout ratio, defined as the ratio of dividends and purchases of its own shares to consolidated net income, of approximately 50% in each fiscal year through fiscal 2022.」
The policy through fiscal 2022 of targeting a total payout ratio of approximately 50% in each fiscal year, together with the combination of dividends and purchases of its own shares subject to cancellation, remains in place. - FY2023-Q2AchievedAnnual report
「① Class of shares to be cancelled: Common shares of the company ② Number of shares to be cancelled: 6,121,500 ③ Cancellation date: 16 August 2022」
The company cancelled all 6,121,500 treasury shares purchased from April through June 2022 for a total of ¥15,999 million on 16 August 2022, completing the shareholder return measure subject to cancellation. - FY2023-Q1AdvancedAnnual report
「The acquisition of treasury shares resolved at the Board of Directors meeting held on 27 April 2022 was completed with purchases through 23 June 2022. ① Purchase period: 9 May–23 June 2022 (on a contract-date basis) ② Number of shares purchased: 6,121,500 ③ Total purchase price: ¥15,999 million ④ Purchase method: Market purchases on the Tokyo Stock Exchange」
Under the policy of targeting a total payout ratio of approximately 50% in each fiscal year, the company completed the purchase of 6,121,500 treasury shares for ¥15,999 million. The purchased shares were scheduled for cancellation on 16 August 2022. - FY2022AdvancedAnnual report
「As a result, the total payout ratio for fiscal 2021 was 50.2%.」
Under the policy of targeting a total payout ratio of approximately 50% in each fiscal year, the actual ratio for fiscal 2021 was 50.2%. The policy of combining dividends with purchases of treasury shares also remains in place. - FY2022-Q2SoftenedAnnual report
「In addition to dividends, the company positions the purchase of its own shares, subject to their cancellation, as one of its shareholder return measures, and sets a target total payout ratio, defined as the ratio of dividends and purchases of its own shares to consolidated net income, of approximately 50% in each fiscal year through fiscal 2022.」
The shareholder return target period remains through fiscal 2022, but the target has been lowered from the previous approximately 60% total distribution ratio in each fiscal year to an approximately 50% total payout ratio in each fiscal year. The terminology has also changed from “total distribution ratio” to “total payout ratio.” - FY2022-Q1AdvancedAnnual report
「The acquisition of treasury shares resolved at the Board of Directors meeting held on 28 April 2021 was completed with purchases through 18 May 2021. ① Purchase period: 10–18 May 2021 (on a contract-date basis) ② Number of shares purchased: 1,439,500 ③ Total purchase price: ¥3,299 million ④ Purchase method: Market purchases on the Tokyo Stock Exchange」
While maintaining the target of a total distribution ratio of approximately 60% and continuing to consider a review of its shareholder return policy, the company completed the purchase of 1,439,500 treasury shares for ¥3,299 million. - FY2021AdvancedAnnual report
「As a result, the total distribution ratio for fiscal 2020 was 60.1%.」
Against the target of a total distribution ratio of approximately 60%, the actual ratio for fiscal 2020 was 60.1%. The company also resolved to authorize the purchase of up to ¥3.3 billion or 1.7 million treasury shares in fiscal 2021, while continuing to consider a review of its shareholder return policy. - FY2021-Q3SoftenedAnnual report
「In addition to dividends, the company positions the purchase of its own shares, subject to their cancellation, as one of its shareholder return measures, and sets a target total distribution ratio, defined as the ratio of dividends and purchases of its own shares to consolidated net income, of approximately 60% in each fiscal year through fiscal 2022. The company is currently considering a review of its shareholder return policy and will promptly disclose the policy once finalized.」
While the target of a total distribution ratio of approximately 60% remains stated, the company has newly made clear that it is considering a review of its overall shareholder return policy. - FY2021-Q2RestatedAnnual report
「In addition to dividends, the company positions the purchase of its own shares, subject to their cancellation, as one of its shareholder return measures, and sets a target total distribution ratio, defined as the ratio of dividends and purchases of its own shares to consolidated net income, of approximately 60% in each fiscal year through fiscal 2022.」
The target of maintaining a total distribution ratio of approximately 60% in each fiscal year through fiscal 2022, together with the combination of dividends and purchases of its own shares subject to cancellation, remains in place. - FY2021-Q1RestatedAnnual report
「In addition to dividends, the company positions the purchase of its own shares, subject to their cancellation, as one of its shareholder return measures, and sets a target total distribution ratio, defined as the ratio of dividends and purchases of its own shares to consolidated net income, of approximately 60% in each fiscal year through fiscal 2022.」
The target of maintaining a total distribution ratio of approximately 60% in each fiscal year through fiscal 2022, together with the combination of dividends and purchases of its own shares subject to cancellation, remains in place. - FY2020ReframedAnnual report
「In addition to dividends, the company positions the purchase of its own shares, subject to their cancellation, as one of its shareholder return measures, and sets a target total distribution ratio, defined as the ratio of dividends and purchases of its own shares to consolidated net income, of approximately 60% in each fiscal year through fiscal 2022.」
The target of a total distribution ratio of approximately 60% remains in place, with the target period extended through fiscal 2022. - FY2020-Q3RestatedAnnual report
「Specifically, in addition to dividends, the company positions the purchase of its own shares, subject to their cancellation, as one of its shareholder return measures, and sets a target total distribution ratio, defined as the ratio of dividends and purchases of its own shares to consolidated net income, of approximately 60% in each fiscal year through fiscal 2020.」
The target of maintaining a total distribution ratio of approximately 60% in each fiscal year through fiscal 2020 remains in place. - FY2020-Q2AdvancedAnnual report
「The acquisition of treasury shares resolved at the Board of Directors meeting held on 26 April 2019 was completed with purchases through 12 July 2019. ① Purchase period: 10 May–12 July 2019 (on a contract-date basis) ② Number of shares purchased: 8,919,700 ③ Total purchase price: ¥23,999 million ④ Purchase method: Market purchases on the Tokyo Stock Exchange」
While maintaining the target of a total distribution ratio of approximately 60%, the company completed the purchase of 8,919,700 treasury shares for ¥23,999 million and cancelled all of them on 16 August 2019. - FY2020-Q1AdvancedAnnual report
「The acquisition of treasury shares resolved at the Board of Directors meeting held on 26 April 2019 was completed with purchases through 12 July 2019, including the purchases described above. ① Purchase period: 10 May–12 July 2019 (on a contract-date basis) ② Number of shares purchased: 8,919,700 ③ Total purchase price: ¥23,999 million ④ Purchase method: Market purchases on the Tokyo Stock Exchange」
While maintaining the target of a total distribution ratio of approximately 60%, the company completed the purchase of 8,919,700 treasury shares for ¥23,999 million from May through July 2019. It also resolved to cancel treasury shares on 16 August. - FY2019AdvancedAnnual report
「As a result, the total distribution ratio for fiscal 2018 is expected to be 60.3%.」
The company indicated that the total distribution ratio would be 60.3% in fiscal 2018 under its target of approximately 60% in each fiscal year through fiscal 2020, and also resolved to authorize the purchase of up to ¥24 billion or 10 million treasury shares in fiscal 2019. - FY2019-Q3RestatedAnnual report
「Specifically, in addition to dividends, it has positioned share repurchases premised on cancellation as a shareholder return measure, setting a target total payout ratio (the ratio of dividends and share repurchases to consolidated net income) of approximately 60% each year through FY2020.」
The target of maintaining a total distribution ratio of approximately 60% in each fiscal year through fiscal 2020 remains in place. The company also purchased 6,717,500 treasury shares for ¥19,999 million from May through June 2018 and cancelled them on 18 July. - FY2019-Q2RestatedAnnual report
「Specifically, in addition to dividends, it has positioned share repurchases premised on cancellation as a shareholder return measure, setting a target total payout ratio (the ratio of dividends and share repurchases to consolidated net income) of approximately 60% each year through FY2020.」
The target of maintaining a total distribution ratio of approximately 60% in each fiscal year through fiscal 2020 remains in place. The company also purchased 6,717,500 treasury shares for ¥19,999 million from May through June 2018 and cancelled them on 18 July. - FY2019-Q1AdvancedAnnual report
「The acquisition of treasury shares resolved at the Board of Directors meeting held on 27 April 2018 was completed with purchases through 15 June 2018. ① Purchase period: 8 May–15 June 2018 (on a contract-date basis) ② Number of shares purchased: 6,717,500 ③ Total purchase price: ¥19,999 million ④ Purchase method: Market purchases on the Tokyo Stock Exchange」
While maintaining the target of a total distribution ratio of approximately 60%, the company completed the purchase of 6,717,500 treasury shares for ¥19,999 million. On 18 July 2018, it cancelled the same number of treasury shares. - FY2018-Q3RestatedAnnual report
「Specifically, in addition to dividends, it has positioned share repurchases premised on cancellation as a shareholder return measure, setting a target total payout ratio (the ratio of dividends and share repurchases to consolidated net income) of approximately 60% each year through FY2020.」
The target of maintaining a total distribution ratio of approximately 60% in each fiscal year through fiscal 2020 remains in place. - FY2018-Q2RestatedAnnual report
「Specifically, in addition to dividends, it has positioned share repurchases premised on cancellation as a shareholder return measure, setting a target total payout ratio (the ratio of dividends and share repurchases to consolidated net income) of approximately 60% each year through FY2020.」
The target of maintaining a total distribution ratio of approximately 60% in each fiscal year through fiscal 2020 remains in place. The purchase of treasury shares in May 2017 and their cancellation in July of the same year are recorded as completed. - FY2018-Q1AdvancedAnnual report
「The repurchase program approved by the Board of Directors on 28 April 2017 was completed with purchases through 23 May 2017. ① Purchase period: 9 May 2017–23 May 2017 (trade-date basis) ② Number of shares purchased: 12,490 thousand shares ③ Total purchase amount: ¥6,999 million ④ Purchase method: Market purchases on the Tokyo Stock Exchange through a designated money trust The total number of shares issued decreased by 12,490 thousand shares following the cancellation of treasury shares carried out on 19 July 2017 pursuant to a resolution of the Board of Directors dated 29 June 2017.」
While maintaining its target total payout ratio of approximately 60%, the company reported the completion of a repurchase of 12,490 thousand shares for ¥6,999 million and the cancellation of the same number of shares. - FY2017-Q3RestatedAnnual report
「Specifically, in addition to dividends, it has positioned share repurchases premised on cancellation as a shareholder return measure, setting a target total payout ratio (the ratio of dividends and share repurchases to consolidated net income) of approximately 60% each year through FY2020.」
The company has stated, without change, its target of a total payout ratio of approximately 60% each year through FY2020. - FY2017-Q2AdvancedAnnual report
「① Purchase period: 10 May 2016–1 July 2016 (trade-date basis) ② Number of shares purchased: 93,922 thousand shares ③ Total purchase amount: ¥40,999 million ④ Purchase method: Market purchases on the Tokyo Stock Exchange through a designated money trust」
While maintaining its target total payout ratio of approximately 60%, the company repurchased 93,922 thousand shares for ¥40,999 million and cancelled the same number of shares on 16 August 2016. - FY2017-Q1First statedAnnual report
「The company will direct the cash flow it generates toward investments that contribute to the advancement of the LNG value chain for new growth, while distributing the results of its operations appropriately and in a timely manner to shareholders. Specifically, in addition to dividends, it has positioned share repurchases premised on cancellation as a shareholder return measure, setting a target total payout ratio (the ratio of dividends and share repurchases to consolidated net income) of approximately 60% each year through FY2020.」
The company aims to balance growth investment with dividends and share repurchases, targeting a total payout ratio of approximately 60% each year through FY2020.