Stable, Consistent Dividends and a Target Payout Ratio of Around 30%
First written in FY2022. 4 of 7 entries say "Restated". Latest entry: 2026-05-15.
- 2026-05-15ReframedEarnings presentation materials
「The dividend per share will be no lower than ¥17.」
The company set ¥17 as the minimum dividend per share after the stock split. Its policy of targeting a consolidated dividend payout ratio of 30% remains unchanged. - FY2025RestatedAnnual report
「For the 21st fiscal year, our basic policy is to return profits based on a consolidated dividend payout ratio of approximately 30%, while taking into account the maintenance of a sound financial position and the buildup of retained earnings for proactive business expansion. However, if the dividend per share would be less than ¥50, the dividend per share is set at ¥50 as the minimum.」
The company maintains its policy of stable, recurring dividends, targeting a consolidated dividend payout ratio of approximately 30% and setting ¥50 per share as the minimum. - FY2025-H1RestatedAnnual report
「25 December 2024 Annual General Meeting of Shareholders Common shares 55,242 50.00 30 September 2024 26 December 2024 Retained earnings」
In the 20th fiscal year as well, the company paid a dividend of ¥50 per share, totaling ¥55.242 million, reaffirming its policy of stable, recurring dividends. - FY2024RaisedAnnual report
「Our basic policy is to return profits based on a consolidated dividend payout ratio of approximately 30%. However, if the dividend per share would be less than ¥50, the dividend per share is set at ¥50 as the minimum.」
In addition to targeting a 30% dividend payout ratio, the company explicitly adopted a policy of setting ¥50 per share as the minimum dividend. It paid a dividend of ¥50 per share in the 20th fiscal year. - FY2023RestatedAnnual report
「For the 19th fiscal year, the dividend from surplus is set at ¥50 per share under the basic policy of continuing to pay dividends.」
The company paid a dividend of ¥50 per share in the 19th fiscal year under its continuing dividend policy. Although the payout ratio for the 19th fiscal year was 102.8%, no change to the policy targeting a 30% payout ratio has been stated. - FY2023-Q3RestatedAnnual report
「21 December 2022 Annual General Meeting of Shareholders Common shares 48,400 50.00 30 September 2022 22 December 2022 Retained earnings」
In the 19th fiscal year as well, the company paid a dividend of ¥50 per share, totaling ¥48.4 million, reaffirming its policy of stable, recurring dividends. - FY2022First statedAnnual report
「Our basic policy is to provide stable and recurring returns to shareholders.」
The company targets a dividend payout ratio of 30% and paid a dividend of ¥50 per share in the 18th fiscal year.