Emphasis on Total Payout Ratio Combining Dividends and Share Buybacks
First written in FY2019. 14 of 18 entries say "Advanced", first in FY2023-Q1. Latest entry: 2026-10-27.
45 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「The principal decrease in funds was ¥9,369 million in dividend payments (¥9,156 million in the same period of the previous year).」
Under the shareholder-return policy combining dividends and share buybacks, dividend payments for the interim period increased from ¥9,156 million in the same period of the previous year to ¥9,369 million. - FY2025-H1AdvancedAnnual report
「Net cash used in financing activities was ¥10,099 million, compared with ¥9,380 million used in the same period of the previous year. The principal decrease in funds was ¥9,156 million in dividend payments (¥8,516 million in the same period of the previous year).」
Under the shareholder-return policy combining dividends and share buybacks, we paid ¥9,156 million in dividends during the interim consolidated accounting period. - FY2024RestatedAnnual report
「The Company also considers the flexible acquisition of treasury shares as needed to be an important measure for increasing the value of its shares and contributing to shareholder returns by raising the Group's earnings per share.」
We reaffirmed our policy of maintaining a 30% dividend payout ratio and stable dividends as the basis, while conducting flexible share buybacks as necessary. We paid ¥14,266 million in dividends during the fiscal year. - FY2024-Q3AdvancedAnnual report
「Net cash used in financing activities was ¥15,399 million, compared with ¥25,233 million used in the same period of the previous year. The principal decrease in funds was ¥14,271 million in dividend payments (¥10,873 million in the same period of the previous year).」
We paid ¥14,271 million in dividends, confirming that dividends had been paid during the cumulative period of the current quarter under the shareholder-return policy combining dividends and share buybacks. - FY2023-Q3AdvancedAnnual report
「Net cash used in financing activities was ¥25,233 million, compared with ¥9,537 million used in the same period of the previous year. The principal decreases in funds were ¥13,645 million in payments for the acquisition of treasury shares (¥1 million in the same period of the previous year) and ¥10,873 million in dividend payments (¥8,749 million in the same period of the previous year).」
We acquired treasury shares for ¥13,645 million and paid ¥10,873 million in dividends, continuing shareholder returns through a combination of dividends and share buybacks. - FY2023-Q2AdvancedAnnual report
「The principal decreases in funds were ¥13,645 million in payments for the acquisition of treasury shares (¥1 million in the same period of the previous year) and ¥5,971 million in dividend payments (¥4,905 million in the same period of the previous year).」
We acquired treasury shares for ¥13,645 million and paid ¥5,971 million in dividends, continuing shareholder returns through a combination of dividends and share buybacks. - FY2023-Q1AdvancedAnnual report
「As a result of the acquisition through the above tender offer, we acquired 4,387,353 of our common shares for an acquisition cost of ¥13,644 million. The principal decrease in funds was due to the ¥5,978 million payment of dividends.」
In addition to paying dividends, we acquired 4,387,353 treasury shares for ¥13,644 million, implementing shareholder returns through a combination of dividends and share buybacks. - FY2022RestatedAnnual report
「The Company also considers the flexible acquisition of treasury shares as needed to be an important measure for increasing the value of its shares and contributing to shareholder returns by raising the Group's earnings per share.」
We reaffirmed our capital return policy of combining a 30% dividend payout ratio and stable dividends with flexible share buybacks. - FY2020RestatedAnnual report
「We also take note of the total payout ratio, which indicates the level of shareholder returns [(dividends + total share buybacks) ÷ net income], and will work to earn market confidence through a balanced capital strategy.」
We continue to maintain a capital strategy combining a 30% dividend payout ratio, share buybacks, and the total payout ratio. - FY2019First statedAnnual report
「We also take note of the total payout ratio, which indicates the level of shareholder returns [(dividends + total share buybacks) ÷ net income], and will work to earn market confidence through a balanced capital strategy.」
In addition to the previous 30% dividend payout ratio policy and share buybacks, we first explicitly identified the total payout ratio, combining dividends and share buybacks, as a factor in capital-strategy decisions. No specific target was provided.