Stable, Ongoing Shareholder Returns and Retention of Earnings
First written in FY2016. 4 of 6 entries say "Restated". Latest entry: FY2025.
- FY2025RaisedAnnual report
「While maintaining this basic policy as a general principle, we aim for a dividend payout ratio of 35–40% and a total payout ratio of 50% during the period of the Sixth Medium-Term Management Plan.」
In addition to the existing policy of balancing stable and continuous dividends with retained earnings, new numerical targets were established for the dividend payout ratio and total payout ratio during the period of the Sixth Medium-Term Management Plan. - FY2023RestatedAnnual report
「Our basic policy is to provide stable and continuous returns to shareholders while securing retained earnings required for capital investment and other purposes to strengthen our management foundation and expand our business in the future, and to consider dividend levels within this framework in light of the business environment and earnings situation.」
The policy of returning profits while balancing retained earnings with stable and continuous dividends was reposted. - FY2022RestatedAnnual report
「Our basic policy is to provide stable and continuous returns to shareholders while securing retained earnings required for capital investment and other purposes to strengthen our management foundation and expand our business in the future, and to consider dividend levels within this framework in light of the business environment and earnings situation.」
The dividend policy of balancing retained earnings with stable and continuous returns of profits was reposted. - FY2020RestatedAnnual report
「Our basic policy is to provide stable and continuous returns to shareholders while securing retained earnings required for capital investment and other purposes to strengthen our management foundation and expand our business in the future, and to consider dividend levels within this framework in light of the business environment and earnings situation.」
The policy of returning profits while balancing retained earnings with stable and continuous dividends was reposted. - FY2017RestatedAnnual report
「Our basic policy is to provide stable and continuous returns to shareholders while securing retained earnings required for capital investment and other purposes to strengthen our management foundation and expand our business in the future, and to consider dividend levels within this framework in light of the business environment and earnings situation.」
The policy of returning profits while balancing retained earnings with stable and continuous dividends was reposted. - FY2016First statedAnnual report
「Our basic policy is to provide stable and continuous returns to shareholders while securing retained earnings required for capital investment and other purposes to strengthen our management foundation and expand our business in the future, and to consider dividend levels within this framework in light of the business environment and earnings situation.」
The policy of returning profits while balancing retained earnings with stable and continuous dividends was added as a thread for the first time.