Shareholder Returns Targeting a Payout Ratio of at Least 30%
First written in FY2017. 20 of 32 entries say "Advanced", first in FY2018. Latest entry: FY2027-H1.
- FY2027-H1AdvancedAnnual report
「Board of Directors meeting held on 5 October 2026 Common shares 2,033 43.0 31 August 2026 23 October 2026 Retained earnings」
The company resolved to pay an interim dividend totaling ¥2,033 million, or ¥43 per share. This was an increase from ¥36 per share in the same period of the previous year, indicating progress in line with the policy of increasing dividends in stages. - FY2026AdvancedAnnual report
「Based on the policy described above, the Company plans to submit a proposal for a year-end dividend of ¥40 per share for the fiscal year to the Annual General Meeting of Shareholders scheduled for 28 May 2026. Including the interim dividend of ¥36 per share already paid, the annual dividend per share is expected to be ¥76, and the consolidated dividend payout ratio for the fiscal year is expected to be 39.3%.」
The annual dividend is expected to be ¥76 and the consolidated dividend payout ratio 39.3%, indicating a policy and track record of increasing the annual dividend from ¥72 in the previous fiscal year. - FY2026-H1AdvancedAnnual report
「At the Board of Directors meeting held on 2 October 2025, the Company resolved the following with respect to the interim dividend for the current fiscal year.」
The Company resolved to pay an interim dividend totaling ¥1,702 million, or ¥36 per share. This was an increase from ¥33 per share in the same period of the previous year. - FY2025AdvancedAnnual report
「Based on the policy described above, the Company plans to submit a proposal for a year-end dividend of ¥39 per share for the fiscal year to the Annual General Meeting of Shareholders scheduled for 22 May 2025. Including the interim dividend of ¥33 per share already paid, the annual dividend per share is expected to be ¥72, and the consolidated dividend payout ratio for the fiscal year is expected to be 37.2%.」
Under its policy of increasing dividends in stages, the planned annual dividend is ¥72 and the consolidated dividend payout ratio is 37.2%. - FY2025-H1AdvancedAnnual report
「Board of Directors meeting held on 1 October 2024 Common shares 1,584 33.0 31 August 2024 25 October 2024 Retained earnings」
The Company resolved to pay an interim dividend totaling ¥1,584 million, or ¥33 per share, for the current interim consolidated accounting period. This was an increase from ¥30 per share in the same period of the previous year. - FY2025-Q1AdvancedAnnual report
「23 May 2024 Annual General Meeting of Shareholders Common shares 1,756 36.0 29 February 2024 24 May 2024 Retained earnings」
Based on the resolution of the Annual General Meeting of Shareholders held on 23 May 2024, the Company paid a dividend totaling ¥1,756 million, or ¥36 per share. This was an increase from the previous year's year-end dividend of ¥30 per share. - FY2024AdvancedAnnual report
「Based on the policy described above, the Company decided to pay a dividend of ¥66 per share for the fiscal year, including an interim dividend of ¥30. As a result, the consolidated dividend payout ratio for the fiscal year was 34.1%.」
Under its policy of increasing dividends in stages, the annual dividend increased from ¥60 in the previous fiscal year to ¥66. - FY2024-Q3RestatedAnnual report
「At a Board of Directors meeting held on 2 October 2023, the company approved the following interim dividend for the fiscal year.」
It is stated that an interim dividend totaling ¥1,472 million, or ¥30 per share, was approved and payments began on 26 October 2023. - FY2024-Q2RestatedAnnual report
「At a Board of Directors meeting held on 2 October 2023, the company approved the following interim dividend for the fiscal year.」
It is stated that an interim dividend totaling ¥1,472 million, or ¥30 per share, was approved for the fiscal year. The interim dividend in the previous fiscal year was also ¥30 per share, reconfirming the dividend level. - FY2024-Q1RestatedAnnual report
「25 May 2023 Annual General Meeting of Shareholders Common shares 1,481 30.0 28 February 2023 26 May 2023 Retained earnings」
Based on the resolution of the Annual General Meeting of Shareholders, a dividend of ¥30 per share, totaling ¥1,481 million, was paid. This corresponds to the final dividend portion of the previous fiscal year's annual dividend of ¥60 and reflects the shareholder return policy. - FY2023ReframedAnnual report
「Regarding the payout ratio, the company will gradually raise it by actively increasing dividends in stages as a shareholder return measure, while considering the balance among improved earning power, a stronger financial position and retained earnings. It will also advance shareholder returns by repurchasing its own shares as necessary. Based on this policy, it decided to pay a dividend of ¥60 per share for the fiscal year, including an interim dividend of ¥30. As a result, the consolidated payout ratio for the fiscal year was 34.4%.」
The wording changed from the previous policy of maintaining a dividend growth rate above the earnings growth rate to a policy of increasing dividends in stages while considering the balance among earning power, financial strength and retained earnings. The dividend per share was ¥60, and the consolidated payout ratio was 34.4%. - FY2023-Q2AdvancedAnnual report
「At a Board of Directors meeting held on 3 October 2022, the company approved the following interim dividend for the fiscal year.」
An interim dividend totaling ¥1,487 million, or ¥30 per share, was approved. This was an increase from ¥28 per share in the same period of the previous year. - FY2023-Q1AdvancedAnnual report
「26 May 2022 Annual General Meeting of Shareholders Common shares 1,618 32.0 28 February 2022 27 May 2022 Retained earnings」
It is stated that, based on the resolution of the Annual General Meeting of Shareholders held on 26 May 2022, a dividend totaling ¥1,618 million, or ¥32 per share, was paid. - FY2022AdvancedAnnual report
「Based on the policy described above, the company decided to pay a dividend of ¥60 per share for the fiscal year, including an interim dividend of ¥28. As a result, the payout ratio for the fiscal year was 45.6%.」
Under the policy of raising the dividend growth rate above the earnings growth rate, the dividend per share was ¥60 and the payout ratio was 45.6%. Both increased from the previous fiscal year's ¥56 per share and 43.0% payout ratio. - FY2022-Q3RestatedAnnual report
「At a Board of Directors meeting held on 1 October 2021, the company approved the following interim dividend for the fiscal year. (a) Total dividends ¥1,198 million (b) Dividend per share ¥28 (c) Effective date of the payment claim and payment start date 26 October 2021」
It is reconfirmed that an interim dividend totaling ¥1,198 million, or ¥28 per share, was approved. - FY2022-Q2RestatedAnnual report
「At a Board of Directors meeting held on 1 October 2021, the company approved the following interim dividend for the fiscal year. (a) Total dividends: ¥1,198 million (b) Dividend per share: ¥28 (c) Effective date of the payment claim and payment start date: 26 October 2021」
It is stated that an interim dividend totaling ¥1,198 million, or ¥28 per share, was approved for the fiscal year. The interim dividend in the same period of the previous year was also ¥28 per share, effectively reconfirming the dividend level. - FY2022-Q1RestatedAnnual report
「27 May 2021 Annual General Meeting of Shareholders Common shares 1,198 28.0 28 February 2021 28 May 2021 Retained earnings」
It is stated that, based on the resolution of the Annual General Meeting of Shareholders, a dividend totaling ¥1,198 million, or ¥28 per share, was paid. - FY2021AdvancedAnnual report
「Regarding the payout ratio, the company will gradually raise it by maintaining a dividend growth rate above the earnings growth rate, while implementing stock splits and share repurchases as necessary, and actively advancing shareholder returns in line with improved performance. Based on this policy, it decided to pay a dividend of ¥56 per share for the fiscal year, including an interim dividend of ¥28. As a result, the payout ratio for the fiscal year was 43.0%.」
The dividend per share was ¥56, unchanged from the previous fiscal year, while the payout ratio rose to 43.0% from 38.3%. The policy of gradually raising the payout ratio through a dividend growth rate above the earnings growth rate was reiterated. - FY2021-Q3RestatedAnnual report
「At a Board of Directors meeting held on 1 October 2020, the company approved the following interim dividend for the fiscal year.」
The approval and payment information for the interim dividend is reiterated: total dividends of ¥1,198 million, ¥28 per share, with 27 October 2020 as the payment start date. - FY2021-Q2AdvancedAnnual report
「At a Board of Directors meeting held on 1 October 2020, the company approved the following interim dividend for the fiscal year.」
At a Board of Directors meeting held on 1 October 2020, an interim dividend totaling ¥1,198 million, or ¥28 per share, was approved for the fiscal year. This was an increase from ¥23 per share in the same period of the previous year. - FY2021-Q1AdvancedAnnual report
「28 May 2020 Annual General Meeting of Shareholders Common shares 1,411 33.0 29 February 2020 29 May 2020 Retained earnings」
Based on the resolution of the Annual General Meeting of Shareholders held on 28 May 2020, a dividend totaling ¥1,411 million, or ¥33.0 per share, was paid. This was an increase from ¥26.0 per share in the same period of the previous year. - FY2020RaisedAnnual report
「Regarding the payout ratio, the company will gradually raise it by maintaining a dividend growth rate above the earnings growth rate, while implementing stock splits and share repurchases as necessary, and actively advancing shareholder returns in line with improved performance. Based on this policy, it decided to pay a dividend of ¥56 per share for the fiscal year, including an interim dividend of ¥23. As a result, the payout ratio for the fiscal year was 38.3%.」
The wording changed from the previous policy of targeting a payout ratio of at least 30% to a policy of gradually raising the payout ratio through a dividend growth rate above the earnings growth rate. For the year, the dividend was ¥56 per share and the payout ratio was 38.3%. - FY2020-Q2AdvancedAnnual report
「At a Board of Directors meeting held on 1 October 2019, the company approved the following interim dividend for the fiscal year: (a) total dividends, ¥983 million; (b) dividend per share, ¥23; (c) effective date of the payment claim and payment start date, 25 October 2019.」
An interim dividend totaling ¥983 million, or ¥23 per share, was approved for the fiscal year. This was an increase from the ¥20 per share interim dividend in the same period of the previous year. - FY2020-Q1AdvancedAnnual report
「23 May 2019 Annual General Meeting of Shareholders Common shares 1,111 26.0 28 February 2019 24 May 2019 Retained earnings」
Based on the resolution of the Annual General Meeting of Shareholders held on 23 May 2019, a dividend totaling ¥1,111 million, or ¥26.0 per share, was paid. This was an increase from the ¥25.5 per share reported for the first quarter of the previous fiscal year. - FY2019-Q2RestatedAnnual report
「At a Board of Directors meeting held on 1 October 2018, the company approved the following interim dividend for the fiscal year: total dividends of ¥855 million, ¥20 per share, and 26 October 2018 as the effective date of the payment claim and the payment start date.」
It is stated that an interim dividend totaling ¥855 million, or ¥20 per share, was approved. - FY2019-Q1RestatedAnnual report
「24 May 2018 Annual General Meeting of Shareholders Common shares Total dividends ¥1,090 million Dividend per share ¥25.5 28 February 2018 25 May 2018 Retained earnings」
It is stated that, based on the resolution of the Annual General Meeting of Shareholders held on 24 May 2018, a dividend of ¥25.5 per share, totaling ¥1,090 million, was paid. - FY2018AdvancedAnnual report
「The company aims for a payout ratio of at least 30% and will provide shareholder returns in line with improved performance through higher dividends or stock splits. Based on this policy, it decided to pay a dividend of ¥40 per share for the fiscal year, including an interim dividend of ¥14.50 and a commemorative dividend of ¥2. As a result, the payout ratio for the fiscal year was 32.9%.」
It is stated that, against the policy of a payout ratio of at least 30%, the dividend was ¥40 per share and the payout ratio was 32.9% for the year. - FY2017First statedAnnual report
「The company aims for a payout ratio of at least 30% and will provide shareholder returns in line with improved performance through higher dividends or stock splits.」
The company has indicated a policy of stable profit returns, targeting a payout ratio of at least 30% and providing shareholder returns through higher dividends or stock splits as performance improves. The payout ratio for the fiscal year was 30.2%.