Approximately 30% Payout Ratio and Stable Dividend Policy
First written in FY2016. 16 of 29 entries say "Restated". Latest entry: 2026-10-29.
- FY2026-H1.Annual report
「Regarding the interim dividend for the 57th fiscal year (1 April 2025 to 31 March 2026), the Board of Directors resolved at its meeting held on 30 October 2025 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2025. ① Total dividends: ¥728.971 million ② Dividend per share: ¥45.00」
An interim dividend of ¥45 per share was approved, maintaining the previous level of annual dividends and stable shareholder returns. - FY2025.Annual report
「Based on its management goal of becoming an attractive and rare high-profit IT company and thereby maximizing corporate value, the Company has established ROE of 20%, the equity ratio, and TSR (total shareholder return) as management indicators and has adopted the following dividend policy to achieve shareholder returns appropriate for a company with high ROE.」
The Company has continued its policy of targeting a DOE of 10%, maintaining an equity ratio of 50% to 75%, and setting the interim dividend at approximately one-half of the full-year forecast. The annual dividend is expected to be ¥90. - FY2024.Annual report
「Based on its management goal of becoming an attractive and rare high-profit IT company and thereby maximizing corporate value, the Company has established ROE of 20%, the equity ratio, and TSR (total shareholder return) as management indicators and has adopted the following dividend policy to achieve shareholder returns appropriate for a company with high ROE.」
The Company has continued its dividend policy of targeting a DOE of 10% based on ROE of 20%, the equity ratio, and TSR, maintaining an equity ratio of 50% to 75%, and setting the interim dividend at approximately half of the full-year forecast. - FY2024-Q2.Annual report
「Regarding the interim dividend for the 55th fiscal year (1 April 2023 to 31 March 2024), 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: ¥728.973 million ② Dividend per share: ¥45.00」
An interim dividend of ¥45 per share, totaling ¥728.973 million, was approved based on the record date at the end of September 2023, continuing the dividend at the same level as the previous year. - FY2023.Annual report
「31 October 2022 728,973 45 Board of Directors resolution 20 June 2023 728,973 45 Annual General Meeting of Shareholders resolution」
An interim and year-end dividend of ¥45 per share, or an annual dividend of ¥90, was paid. The Company has continued its policy of targeting a DOE of 10%, maintaining an equity ratio of 50% to 75%, and setting the interim dividend at approximately one-half of the full-year forecast. - FY2023-Q3.Annual report
「Board of Directors meeting held on 31 October 2022 Common shares ¥728.973 million ¥45.00 30 September 2022 2 December 2022 Retained earnings」
The Company disclosed payment on 2 December 2022 of the ¥45-per-share interim dividend based on the record date at the end of September 2022, continuing the dividend at the same level as the previous year. - FY2023-Q2.Annual report
「Regarding the interim dividend for the 54th fiscal year (1 April 2022 to 31 March 2023), 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: ¥728.973 million ② Dividend per share: ¥45.00 ③ Effective date of the dividend payment claim and payment commencement date: 2 December 2022」
The interim dividend was ¥45 per share, maintaining the dividend at the same level as the previous year. - FY2022.Annual report
「28 October 2021 728,973 45 Board of Directors resolution 21 June 2022 728,973 45 Annual General Meeting of Shareholders resolution」
An interim and year-end dividend of ¥45 per share, or an annual dividend of ¥90, was paid. The dividend policy changed from the previous policy, targeting a DOE of 10%, maintaining an equity ratio of 50% to 75%, and setting the interim dividend at approximately one-half of the full-year forecast, has also been continued. - FY2022-Q3.Annual report
「Board of Directors meeting held on 28 October 2021 Common shares ¥728.973 million ¥45.00 30 September 2021 3 December 2021 Retained earnings」
Payment of the interim dividend of ¥45 per share with the end of September 2021 as the record date was made, maintaining the dividend at the same level as the previous year. - FY2022-Q2.Annual report
「Board of Directors meeting held on 28 October 2021 Common shares ¥728.973 million ¥45.00 30 September 2021 3 December 2021 Retained earnings」
An interim dividend of ¥45 per share, totaling ¥728.973 million, was approved for the record date of the end of September 2021. This was an increase from the interim dividend of ¥40 per share in the same period of the previous year. - FY2022-Q1.Annual report
「23 June 2021 Annual General Meeting of Shareholders Common shares ¥728.973 million ¥45.00 31 March 2021 24 June 2021 Retained earnings」
A year-end dividend of ¥45 per share, totaling ¥728.973 million, was paid for the fiscal year ended March 2021, recording an annual dividend at the same level as the previous year. - FY2021-Q3.Annual report
「Board of Directors meeting held on 29 October 2020 Common shares ¥647.977 million ¥40.00 30 September 2020 4 December 2020 Retained earnings」
Payment of the interim dividend of ¥40 per share with the end of September 2020 as the record date was made, resulting in an interim dividend equal to the previous year's amount. - FY2021-Q2.Annual report
「At the Board of Directors meeting held on 29 October 2020, the Company resolved to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2020. ① Total dividends: ¥647.977 million ② Dividend per share: ¥40.00 ③ Effective date of the dividend payment claim and payment commencement date: 4 December 2020」
The Company approved an interim dividend of ¥40 per share with the end of September 2020 as the record date and indicated its policy of paying an interim dividend equal to the previous year's amount. - FY2020.Annual report
「To achieve shareholder returns appropriate for a company with a high ROE, from the fiscal year ending March 2020 the dividend policy was changed from the previous policy as follows. ① Target a DOE (*) of 10% ② Maintain an equity ratio of 50% to 75% and pursue an optimal capital structure ③ Set the interim dividend at approximately one-half of the full-year forecast」
The policy was changed from a stable dividend policy with a payout ratio of approximately 30% to a policy targeting a DOE of 10%, maintaining an equity ratio of 50% to 75%, and setting the interim dividend at approximately half of the full-year forecast. - FY2020-Q3.Annual report
「Board of Directors meeting held on 30 October 2019 Common shares ¥647.979 million ¥40.00 30 September 2019 6 December 2019 Retained earnings」
Payment of the interim dividend of ¥40 per share, totaling ¥647.979 million, for the record date of 30 September 2019 was made. - FY2020-Q2.Annual report
「At the Board of Directors meeting held on 30 October 2019, the Company resolved to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2019. ① Total dividends: ¥647.979 million ② Dividend per share: ¥40.00 ③ Effective date of the dividend payment claim and payment commencement date: 6 December 2019」
An interim dividend of ¥40 per share, totaling ¥647.979 million, was approved for the record date of 30 September 2019. - FY2020-Q1.Annual report
「19 June 2019 Annual General Meeting of Shareholders Common shares ¥566.984 million ¥35.00 31 March 2019 20 June 2019 Retained earnings」
A year-end dividend of ¥35 per share, totaling ¥566.984 million, was paid for the fiscal year ended March 2019. - FY2019-Q3.Annual report
「Regarding the interim dividend for the 50th fiscal year (1 April 2018 to 31 March 2019), the Board of Directors resolved at its meeting held on 30 October 2018 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2018.」
The payment made after approval of the interim dividend of ¥10 per share, totaling ¥161.995 million, was disclosed as the dividend paid. - FY2019-Q2.Annual report
「Regarding the interim dividend for the 50th fiscal year (1 April 2018 to 31 March 2019), the Board of Directors resolved at its meeting held on 30 October 2018 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 30 September 2018. ① Total dividends: ¥161.995 million ② Dividend per share: ¥10.00 ③ Effective date of the dividend payment claim and payment commencement date: 3 December 2018」
An interim dividend of ¥10 per share, with 30 September 2018 as the record date, was approved. - FY2019-Q1.Annual report
「30 June 2018 annual general meeting of shareholders: common shares; ¥566,984 thousand; ¥35.00 per share; 31 March 2018; 22 June 2018; retained earnings」
A year-end dividend of ¥35 per share, totaling ¥566.984 million, was paid for the fiscal year ended March 2018. - FY2018.Annual report
「For dividends for the fiscal year ending March 2018, taking into account temporary factors including increased profit from a large-scale development project and increased profit from the transfer of Fess Corporation, the company set the year-end dividend at ¥35 per share, consisting of a regular dividend of ¥25 per share and a special dividend of ¥10 per share. As a result, together with the interim dividend of ¥10 per share paid in the second quarter, the annual dividend was ¥45 per share and total dividends were ¥728 million.」
The company paid annual dividends of ¥45 per share, consisting of a ¥10 interim dividend and a ¥35 year-end dividend. Although the payout ratio was below the basic policy target of around 30%, the company indicated a policy of continuing stable profit allocation. - FY2018-Q2.Annual report
「With regard to the interim dividend for the 49th fiscal year, from 1 April 2017 to 31 March 2018, 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: ① total dividend, ¥161,995 thousand; ② amount per share, ¥10.00; ③ effective date of the right to claim payment and payment commencement date, 11 December 2017.」
The company resolved to pay an interim dividend of ¥10 per share, totalling ¥161,995 thousand. - FY2018-Q1.Annual report
「22 June 2017 annual general meeting of shareholders: total dividend on common shares, ¥323,994 thousand; dividend per share, ¥20.00; record date, 31 March 2017; effective date, 23 June 2017; source of dividend, retained earnings」
After paying no dividend in the previous fiscal year, the company paid a dividend of ¥20 per share. It did not explicitly state whether the stable dividend policy itself had been achieved or changed; this is recorded as progress in dividend payments. - FY2016.Annual report
「The company’s basic policy for profit allocation is to maintain a payout ratio of around 30% of net income attributable to owners of the parent and to maintain a stable dividend, with the aim of keeping the dividend at ¥10 per share even if operating results deteriorate, regardless of fluctuations in performance. However, with regard to dividends for the fiscal year ended March 2016, the company recorded a substantial net loss attributable to owners of the parent during the consolidated fiscal year. After comprehensively considering future business development and its financial condition, the company regrettably decided to pay no year-end dividend for the period.」
The company indicated a payout ratio and a stable dividend policy of ¥10 per share, while paying no dividend for the period and leaving the dividend for the following period undecided.