Komori
Pca (9629) · PolicyReframed

Shareholder returns based on stable dividends

First written in FY2016. 13 of 30 entries say "Restated". Latest entry: FY2026.

30entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2024-Q22016: 320162017: 320172018: 320182019: 320192020: 320202021: 220212022: 220222023: 320232024: 220242025: 220252026: 42026
Same theme, other companies
Dividend policy based on consolidated dividend-on-equity ratio and payout ratio criteriaA theme 317 companies write about · 0 as a headwind · 328 as a tailwind
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Showing 14 of the 196 companies compared. The sentences above are computed from all 196.Comparing 200 of the theme's 330 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2026ReframedAnnual report

    「Through the end of the current consolidated accounting period, the Company paid dividends with a consolidated dividend payout ratio of approximately 100% as a guideline for shareholder returns, targeting improved capital efficiency by achieving ROE of 10% and turning the EVA spread positive. Having achieved the targets of ROE of 10% and others, the Company has now changed to the new dividend policy described above, based on DOE.」

    Having achieved ROE of 10% and a positive EVA spread, the Company changed from a policy using a consolidated dividend payout ratio of approximately 100% as a guideline to a new policy based on DOE of approximately 4.5%. The dividend for the fiscal year ending March 2026 is expected to be ¥95 per share.
  3. FY2026-H1Payment record for ¥87 dividendAnnual report

    「20 June 2025 Annual General Meeting Common shares 1,744 87.00 31 March 2025 20 June 2025 Retained earnings」

    This records the payment of a total of ¥1,744 million on 20 June 2025 for the ¥87-per-share dividend decided for FY2025.
  4. FY2025RaisedAnnual report

    「The initial plan for the current fiscal year called for a dividend of ¥83.00 per share, but following a recalculation based on consolidated results for the fiscal year, the Company has decided to pay ¥87.00 per share.」

    The planned dividend was increased from ¥83 at the start of the fiscal year to ¥87 per share. The Company explained that it recalculated the dividend based on results under its policy targeting a consolidated dividend payout ratio of approximately 100%.
  5. FY2025-H1Payment record for ¥81 dividendAnnual report

    「20 June 2024 Annual General Meeting Common shares 1,622,668 81.00 31 March 2024 21 June 2024 Retained earnings」

    This records the payment of a total of ¥1,622,668 thousand on 21 June 2024 for the ¥81-per-share dividend decided for FY2024.
  6. FY2024RaisedAnnual report

    「Regarding shareholder returns, the Company has set new targets for the period of its next medium-term management plan: reaching ROE of 10% sooner and turning the EVA spread positive. It will introduce B/S management and pursue capital efficiency. Until these targets are achieved, the Company will pay dividends under a new shareholder return policy targeting a consolidated dividend payout ratio of approximately 100%.」

    The policy changed from targeting ROE of at least 10%, DOE of 2.5% and a dividend payout ratio of 30% to targeting a positive EVA spread, B/S management and a consolidated dividend payout ratio of approximately 100%. The current-year dividend was also increased from ¥17 to ¥81 per share.
  7. FY2024-Q2RestatedAnnual report

    「21 June 2023 Annual General Meeting Common shares 339,982 17.00 31 March 2023 22 June 2023 Retained earnings」

    This reconfirms the payment on 22 June 2023 of the ¥17 ordinary dividend per share decided for the fiscal year ended March 2023.
  8. FY2024-Q1Payment record for ¥17 dividendAnnual report

    「21 June 2023 Annual General Meeting Common shares 339,982 17.00 31 March 2023 22 June 2023 Retained earnings」

    This records the 22 June 2023 payment of the ¥17 ordinary dividend decided for FY2023, with no commemorative dividend.
  9. FY2023Increase in ordinary dividend to ¥17 and end of commemorative dividendAnnual report

    「For the current fiscal year, the Company has decided to increase the ordinary dividend by ¥4.00 from ¥13.00 to ¥17.00 per share, reflecting its emphasis on the consolidated dividend-on-equity ratio as a measure of stable dividends and setting the current target at 2.0%.」

    The dividend composition changed from ¥24 in the previous fiscal year, comprising a ¥13 ordinary dividend and an ¥11 rebranding commemorative dividend, to a ¥17 ordinary dividend in the current fiscal year with no commemorative dividend. The dividend was determined with emphasis on the 2.0% DOE target.
  10. FY2023-Q1Payment record for ¥24 dividendAnnual report

    「22 June 2022 Annual General Meeting Common shares 479,976 24.00 31 March 2022 23 June 2022 Retained earnings」

    This records the 23 June 2022 payment of the ¥24-per-share dividend decided for FY2022. It comprised an ordinary dividend of ¥13 and an ¥11 rebranding commemorative dividend.
  11. FY2022Combination of ordinary and commemorative dividendsAnnual report

    「For the current fiscal year, the Company has decided to pay a dividend of ¥24.00 per share, comprising an ordinary dividend of ¥13.00 and a special commemorative dividend of ¥11.00 to mark the rebranding of “PCA Cloud” and “PCA Subscription.”」

    The dividend composition changed from the previous year's ¥34 ordinary dividend to ¥24 per share in the current fiscal year, comprising a ¥13 ordinary dividend plus an ¥11 commemorative dividend for the rebranding of PCA Cloud and PCA Subscription.
  12. FY2022-Q1Payment record for ¥34 ordinary dividendAnnual report

    「18 June 2021 Annual General Meeting Common shares 226,655 34.00 31 March 2021 21 June 2021 Retained earnings」

    This records the dividend payment after the change from ¥54 per share, including the previous year's commemorative dividend, to an ordinary dividend of ¥34 per share without a commemorative dividend.
  13. FY2021Ordinary dividend maintained after commemorative dividend endedAnnual report

    「The Company has decided to maintain the ordinary dividend at ¥34.00 per share for the current fiscal year.」

    The ¥54 per share paid in the previous fiscal year included a ¥20 commemorative dividend for the Company's 40th anniversary, but the ordinary dividend was maintained at ¥34 per share in the current fiscal year without a commemorative dividend.
  14. FY2021-Q1Payment record for increased and commemorative dividendsAnnual report

    「19 June 2020 Annual General Meeting Common shares 359,359 54.00 31 March 2020 22 June 2020 Retained earnings (Note) The per-share dividend includes a commemorative dividend of ¥20.00.」

    This records the payment of the ¥54-per-share dividend decided for FY2020, comprising an ordinary dividend of ¥34 and a commemorative dividend of ¥20.
  15. FY2020Increase in ordinary dividend and special commemorative dividendAnnual report

    「For the current fiscal year, the Company has decided to pay a dividend of ¥54.00 per share, comprising an ordinary dividend of ¥34.00 and a special commemorative dividend of ¥20.00 to mark the 40th anniversary of the Company's founding in August 2020.」

    The ordinary dividend was increased from ¥31 per share to ¥34, and a ¥20 commemorative dividend was added for the 40th anniversary of the Company's founding, bringing the total to ¥54 per share.
  16. FY2020-Q3RestatedAnnual report

    「21 June 2019, Annual General Meeting of Shareholders, common shares, 206,188, 31.00, 31 March 2019, 24 June 2019, retained earnings」

    The company reiterates that it paid a dividend of ¥31 per share for the fiscal year ended March 2019, confirming its track record of stable dividends.
  17. FY2020-Q2RestatedAnnual report

    「21 June 2019, Annual General Meeting of Shareholders, common shares, 206,188, 31.00, 31 March 2019, 24 June 2019, retained earnings」

    The company paid a dividend of ¥31 per share for the fiscal year ended March 2019, reaffirming its stable dividend policy.
  18. FY2020-Q1RestatedAnnual report

    「21 June 2019, Annual General Meeting of Shareholders, common shares, 206,188, 31.00, 31 March 2019, 24 June 2019, retained earnings」

    The company paid a dividend of ¥31 per share for the fiscal year ended March 2019, reaffirming its stable dividend policy.
  19. FY2019-Q3RestatedAnnual report

    「22 June 2018, Annual General Meeting of Shareholders, common shares, 212,389, 31.00, 31 March 2018, 25 June 2018, retained earnings」

    The company reiterates that it paid a dividend of ¥31 per share for the fiscal year ended March 2018.
  20. FY2019-Q1RestatedAnnual report

    「22 June 2018, Annual General Meeting of Shareholders, common shares, 212,389, 31.00, 31 March 2018, 25 June 2018, retained earnings」

    The company states that it paid a dividend of ¥31 per share for the fiscal year ended March 2018, reaffirming its stable dividend policy.
  21. FY2018RestatedAnnual report

    「The Group's policy is to improve return on equity (ROE) through efficient corporate management and, while maintaining stable dividends as a basic policy, return profits to shareholders by raising dividend levels after comprehensively considering business performance, the payout ratio and other factors.」

    The company reaffirmed its policy of improving ROE, maintaining stable dividends and returning profits based on business performance and the payout ratio, and maintained the dividend at ¥31 per share for the year.
  22. FY2018-Q3RestatedAnnual report

    「23 June 2017, Annual General Meeting of Shareholders, common shares, 212,391, 31.00, 31 March 2017, 26 June 2017」

    The company reiterates that it paid a dividend of ¥31 per share for the fiscal year ended March 2017.
  23. FY2018-Q2RestatedAnnual report

    「23 June 2017, Annual General Meeting of Shareholders, common shares, 212,391, 31.00, 31 March 2017, 26 June 2017」

    The company reiterates that it paid a dividend of ¥31 per share for the fiscal year ended March 2017.
  24. FY2018-Q1RestatedAnnual report

    「23 June 2017, Annual General Meeting of Shareholders, common shares, 212,391, 31.00, 31 March 2017, 26 June 2017」

    The company states that it paid a dividend of ¥31 per share for the fiscal year ended March 2017.
  25. FY2017RestatedAnnual report

    「The company decided to maintain the ordinary dividend for the year at ¥31.00 per share.」

    In line with its stable dividend policy, the company maintained the ordinary dividend at ¥31 per share.
  26. FY2017-Q2RestatedAnnual report

    「24 June 2016, Annual General Meeting of Shareholders, common shares, total dividends: ¥212.391 million, dividend per share: ¥31.00」

    The company states that it paid a dividend of ¥31 per share for the year.
  27. FY2017-Q1RestatedAnnual report

    「24 June 2016, Annual General Meeting of Shareholders, common shares, total dividends: ¥212.391 million, dividend per share: ¥31.00」

    The company also paid a dividend of ¥31 per share for the year, reaffirming its track record of stable dividends.
  28. FY2016First statedAnnual report

    「The Group's policy is to improve return on equity (ROE) through efficient corporate management and, while maintaining stable dividends as a basic policy, return profits to shareholders by raising dividend levels after comprehensively considering business performance, the payout ratio and other factors.」

    The basic policy is to improve ROE, maintain stable dividends and raise dividend levels based on business performance and the payout ratio.
Moved together

"Assessing the Growth Trajectory in Anticipation of the AI Era" moved the same way as this thread, in the same document, in 2 of its 30 moves.

222222★123456
  1. ★This thread
  2. 1Assessing the Growth Trajectory in Anticipation of the AI Era2×
  3. 2Earnings volatility from the allocation and capitalization of product development costs2×
  4. 3Transition from Packaged Software Sales to Cloud Services and Expansion2×
  5. 4Sharing Interests with Shareholders through Medium- to Long-Term Performance-Linked Compensation in Company Shares2×
  6. 5Strengthening the Management Foundation through Personnel Recruitment and Development2×
  7. 6Sustainability Management That Places the Highest Priority on Human Capital2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Pca's next results are scheduled for 2026-10-27. Read the earnings preview It last moved in the General Meetings of Shareholders of 2026-06-01: "Raised".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Shareholder returns based on stable dividends | PCA CORPORATION (9629) | Komori