Performance-based dividend policy, with the possibility of no dividends
First written in FY2016. 11 of 26 entries say "Raised", first in FY2017. Latest entry: FY2026.
47 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「The dividend for the current fiscal year is ¥154 per share, comprising the ordinary dividend of ¥78 per share forecast in the year-end dividend outlook announced on 13 May 2025, plus a special dividend of ¥76 per share based on the policy set out in the capital allocation section of the Medium-Term Management Plan 2025.」
Under the policy of increasing dividends in line with sustainable profit growth, the Company added a special dividend of ¥76 per share to the ordinary dividend of ¥78, raising the dividend to ¥154 per share. This represents a substantial increase from ¥76 per share in the previous fiscal year. - FY2026-H1RaisedAnnual report
「24 June 2025 Annual General Meeting of Shareholders Common stock Retained earnings 692 76.00 31 March 2025 24 June 2025」
The dividend for the fiscal year ended March 2025 was ¥76 per share, totaling ¥692 million, an increase from ¥74 per share in the previous fiscal year. - FY2025-H1Cited as achievedAnnual report
「25 June 2024 Annual General Meeting of Shareholders Common stock Retained earnings 673 74.00 31 March 2024 25 June 2024」
The payment record for the ¥74-per-share dividend for the fiscal year ended March 2024, totaling ¥673 million, is recorded as having taken effect on 25 June 2024. - FY2024RaisedAnnual report
「The Company places cash dividends at the core of its shareholder returns and has adopted the policy of increasing dividends in line with sustainable profit growth. It aims to steadily increase both total dividends and the dividend payout ratio. Since the launch of the Medium-Term Management Plan 2019, performance has consistently exceeded plan, strengthening the financial base. Accordingly, as stated in the notice regarding the partial revision of the Medium-Term Management Plan 2025 announced on 25 March 2024, the investment plan allocation was doubled from ¥3 billion to ¥6 billion, and the target dividend payout ratio was raised from 35% to approximately 50%. Under this basic policy and these shareholder-return targets, the dividend for the current fiscal year is ¥74 per share.」
The Company clarified its policy of increasing dividends in line with profit growth and raised its dividend payout ratio target from 35% to approximately 50%. The dividend for the current year is ¥74 per share, up from ¥33 in the previous fiscal year. - FY2024-Q3Cited as achievedAnnual report
「Common stock Retained earnings 300 33.00 31 March 2023 26 June 2023」
For the ¥33-per-share dividend approved for the fiscal year ended March 2023, the payment record is recorded as a total of ¥300 million, taking effect on 26 June 2023, and as the dividend paid during the cumulative period of the current quarter. - FY2024-Q1RaisedAnnual report
「23 June 2023 Annual General Meeting of Shareholders Common stock Retained earnings 300 33.00 31 March 2023 26 June 2023」
The dividend for the fiscal year ended March 2023 was ¥33 per share, exceeding both the previous year's ¥22 per share and the previously planned ¥28 per share for the next fiscal year. - FY2023-Q1Cited as achievedAnnual report
「24 June 2022 Annual General Meeting of Shareholders Common stock Retained earnings 200 22.00 31 March 2022 27 June 2022」
The payment record for the ¥22-per-share dividend approved for the fiscal year ended March 2022 is recorded as a total of ¥200 million, taking effect on 27 June 2022. - FY2022RaisedAnnual report
「Under this policy, the dividend for the current fiscal year is ¥22 per share. The dividend for the next fiscal year is scheduled to be ¥28 per share, in line with the consolidated earnings forecast for the fiscal year ending March 2023.」
The dividend for the current fiscal year is ¥22 per share, and the planned dividend for the next fiscal year has been raised to ¥28 per share. The policy of increasing dividends in line with profit growth has been presented together with specific dividend amounts. - FY2022-Q1Cited as achievedAnnual report
「24 June 2021 Annual General Meeting of Shareholders Common stock Retained earnings 91 10.00 31 March 2021 25 June 2021」
The payment record for the ¥10-per-share dividend approved in the FY2021 annual disclosure is recorded as a total of ¥91 million, taking effect on 25 June 2021. - FY2021RaisedAnnual report
「Under this policy, the dividend for the current fiscal year is ¥10 per share. The dividend for the next fiscal year is scheduled to be ¥20 per share, in line with the consolidated earnings forecast for the fiscal year ending March 2022.」
The Company paid a dividend of ¥10 per share for the current fiscal year and raised the planned dividend for the next fiscal year from the previous year's ¥10 per share to ¥20 per share. - FY2021-Q1Cited as achievedAnnual report
「24 June 2020 Annual General Meeting of Shareholders Common stock Retained earnings 91 10.00 31 March 2020 25 June 2020」
The payment record for the ¥10-per-share dividend approved in the FY2020 annual disclosure is recorded as a total of ¥91 million, taking effect on 25 June 2020. - FY2020AchievedAnnual report
「Under this policy, the dividend for the current fiscal year is ¥10 per share.」
The Company resumed dividends after paying none in the previous fiscal year and approved a dividend of ¥10 per share for the current fiscal year. The dividend for the next fiscal year will be determined after considering the financial condition and is undecided at this time. - FY2020-Q3RestatedAnnual report
「First nine months of the current fiscal year 1. Dividend payments None」
No dividends were paid during the cumulative third quarter of the current fiscal year, and the no-dividend position indicated in the FY2019 annual disclosure continues. - FY2019SoftenedAnnual report
「Under this policy, we decided not to pay a year-end dividend for the current fiscal year in light of its operating results. The year-end dividend for the next fiscal year will be determined after considering the Company's consolidated and non-consolidated financial condition, but is undecided at this time.」
The Company moved from paying ¥4 per share in the previous fiscal year and planning ¥5 per share for the next fiscal year to paying no dividend for the current fiscal year, with the next fiscal year's dividend also becoming undecided. - FY2019-Q1Cited as achievedAnnual report
「Common stock Retained earnings 36 4.00 31 March 2018 25 June 2018」
The payment record for a total dividend of ¥36 million, or ¥4 per share, on common stock, based on the policy to resume dividends announced for the previous consolidated fiscal year, is recorded as having taken effect on 25 June 2018. - FY2018AchievedAnnual report
「The Company sets sustainable profit growth as a quantitative target and makes increasing dividends in line with that growth the basic policy for returning profits to shareholders. At the same time, it determines the proposed allocation of profit after comprehensively considering the dividend yield, dividend payout ratio and the accumulation of retained earnings required to further strengthen the Company's capabilities. Under this policy, the dividend for the current fiscal year is ¥4 per share. The dividend for the next fiscal year is also scheduled to be ¥5 per share, in line with the consolidated earnings forecast for the fiscal year ending March 2019.」
The planned resumption of dividends from the previous fiscal year was realized, and a dividend of ¥4 per share was approved for the current fiscal year. A dividend of ¥5 per share is planned for the next fiscal year, making the transition from no dividend to resumed dividends more concrete. - FY2018-Q3RestatedAnnual report
「Dividend payments Not applicable.」
No dividends were paid during the cumulative third quarter of the current fiscal year, and the no-dividend position for the current fiscal year continues. - FY2018-Q2RestatedAnnual report
「Dividend payments Not applicable.」
No dividends were paid during the cumulative second quarter of the current fiscal year, and the no-dividend position for the current fiscal year continues. - FY2018-Q1RestatedAnnual report
「Dividend payments Not applicable.」
No dividends were paid during the cumulative first quarter of the current fiscal year, and the no-dividend position indicated at the end of the previous fiscal year continues. - FY2017RaisedAnnual report
「Under this policy, we will not pay a dividend for the current fiscal year in light of its operating results. For the next fiscal year, however, we plan to resume dividend payments, as we expect a recovery in performance over the medium term, including the next fiscal year.」
Although the Company continued to pay no dividend for the current fiscal year, its policy commitment has strengthened from the previous plan for no dividend next fiscal year to a plan to resume dividends next fiscal year. - FY2017-Q3RestatedAnnual report
「Dividend payments: Not applicable.」
It has been disclosed that no dividends were paid during the cumulative third quarter of the current fiscal year. - FY2016First statedAnnual report
「The Company regards dividends to shareholders as one of its key policies. While making earnings-linked dividends the basic policy, we determine the proposed allocation of profit after comprehensively considering the dividend payout ratio and the accumulation of retained earnings required to further strengthen the Company's capabilities. Under this policy, we will not pay a dividend for the current fiscal year in light of its operating results. We also plan not to pay a dividend for the next fiscal year, regrettably, as the operating environment is expected to remain challenging.」
Under a policy of comprehensively considering earnings, the dividend payout ratio and retained earnings, the Company has indicated that it will pay no dividend for the current or next fiscal year.