Medium-Term Payout Ratio Target of 35%
First written in FY2016. 7 of 12 entries say "Restated". Latest entry: FY2026.
- FY2026Payout ratio changed from 34.6% to 34.3%Annual report
「As a result, the payout ratio for the fiscal year was 34.3%. With respect to dividends, the Company intends to return profits to shareholders over the medium term, using a target payout ratio of 35% as a guideline.」
The payout ratio declined from 34.6% in the previous fiscal year to 34.3%, while the medium-term guideline of 35% was maintained. - 2026-05-12RestatedEarnings
「Fiscal year ending March 2027 (forecast) - 45.00 - 45.00 90.00 34.2」
The forecast dividend payout ratio is 34.2%, close to the medium-term target payout ratio of approximately 35%. - FY2025Payout ratio approaching the 35% guidelineAnnual report
「As a result, the payout ratio for the fiscal year was 34.6%. With respect to dividends, the Company intends to return profits to shareholders over the medium term, using a target payout ratio of 35% as a guideline.」
The payout ratio increased from 33.75% in the previous fiscal year to 34.6%, approaching the medium-term target payout ratio guideline of 35%. - FY2024Payout ratio changed from 40.2% to 33.8%, falling below the targetAnnual report
「As a result, the payout ratio for the fiscal year was 33.8%. With respect to dividends, the Company intends to return profits to shareholders over the medium term, using a target payout ratio of 35% as a guideline.」
The Company maintained its medium-term target payout ratio policy of 35%, while the actual payout ratio changed from 40.2% in FY2023 to 33.8%. - FY2023Payout ratio exceeded the 35% target guideline at 40.2%Annual report
「As a result, the payout ratio for the fiscal year was 40.2%. With respect to dividends, the Company intends to return profits to shareholders over the medium term, using a target payout ratio of 35% as a guideline.」
The Company maintained its medium-term target payout ratio policy of 35%, while the actual payout ratio for FY2023 was 40.2%. - FY2022RestatedAnnual report
「With respect to dividends, the Company intends to return profits to shareholders over the medium term, using a target payout ratio of 35% as a guideline.」
The Company maintains its medium-term target payout ratio guideline of 35%. The payout ratio for the fiscal year was 28.1%. - FY2021RestatedAnnual report
「With respect to dividends, the Company intends to return profits to shareholders over the medium term, using a target payout ratio of 35% as a guideline.」
The Company maintains its medium-term target payout ratio guideline of 35%. The payout ratio for the fiscal year was 28.5%. - FY2020RestatedAnnual report
「With respect to dividends, the Company intends to return profits to shareholders over the medium term, using a target payout ratio of 35% as a guideline.」
The Company maintains its medium-term target payout ratio guideline of 35%. The payout ratio for the fiscal year was 29.2%. - FY2019RestatedAnnual report
「With respect to dividends, the Company intends to return profits to shareholders over the medium term, using a target payout ratio of 35% as a guideline.」
The Company maintains its medium-term target payout ratio guideline of 35%. The payout ratio for the fiscal year was 29.8%. - FY2018RestatedAnnual report
「With respect to dividends, the Company intends to return profits to shareholders over the medium term, using a target payout ratio of 35% as a guideline.」
The Company maintains its medium-term target payout ratio guideline of 35%. The payout ratio for the fiscal year was 30.5%. - FY2017RestatedAnnual report
「With respect to dividends, the Company intends to return profits to shareholders over the medium term, using a target payout ratio of 35% as a guideline.」
The Company maintains its medium-term target payout ratio guideline of 35%. The payout ratio for the fiscal year was 29.6%. - FY2016First statedAnnual report
「With respect to dividends, the Company intends to return profits to shareholders over the medium term, using a target payout ratio of 35% as a guideline.」
The Company uses a payout ratio of 35% as a medium-term guideline.