Stable and Appropriate Return of Profits
First written in FY2016. 19 of 40 entries say "Restated". Latest entry: 2026-11-10.
- FY2026RaisedAnnual report
「During the period of the Second Medium-Term Management Plan, with the aim of achieving sustainable shareholder returns, we will change the dividend policy to progressive dividends with a DOE of 6% as the floor, and will provide stable dividends that are not affected by fluctuations in profit.」
The policy was changed from the previous guideline of a consolidated payout ratio of 40% to progressive dividends with a DOE of 6% as the floor during the period of the Second Medium-Term Management Plan. The ordinary dividend for the fiscal year ending March 2026 is ¥128 per share. - FY2026-H1Higher Interim DividendAnnual report
「Board of Directors meeting held on 11 November 2025 Common shares 1,446 35 30 September 2025 8 December 2025 Retained earnings」
The payment of an interim dividend of ¥35 per share, totaling ¥1,446 million, was resolved for the current interim period. This was up from the previous year's interim dividend of ¥24 per share, and the company continued to provide stable profit returns. - FY202570th anniversary commemorative dividend; payout ratio of 42.6%Annual report
「Although the operating environment remains challenging, taking into consideration the payout ratio, business performance and other factors, we set the ordinary dividend for the fiscal year at ¥116 per share, including an interim dividend of ¥24, from the perspective of providing stable returns to shareholders. As a result, the consolidated payout ratio was 42.6%. The year-end dividend includes a ¥7 commemorative dividend for the 70th anniversary of the company's founding.」
The policy of targeting a consolidated payout ratio of 40% was maintained, and the consolidated payout ratio for the fiscal year was 42.6%. The year-end dividend includes a ¥7 commemorative dividend for the 70th anniversary of the company's founding. Following the stock split, the ordinary dividend was ¥116 per share. - FY2025-H1Interim dividend approvedAnnual report
「Board of Directors meeting held on 11 November 2024 Common shares 991 24 30 September 2024 29 November 2024 Retained earnings」
An interim dividend of ¥24 per share, totaling ¥991 million, was resolved for the current interim period. This dividend amount was based on the 1-for-3 stock split effective 1 April 2024, and the company continued to provide stable profit returns. - FY2024Increase in ordinary dividendAnnual report
「Although the operating environment remains challenging, taking into consideration the payout ratio, business performance and other factors, we set the ordinary dividend for the fiscal year at ¥205 per share, including an interim dividend of ¥61, from the perspective of providing stable returns to shareholders. As a result, the consolidated payout ratio was 40.1%.」
The policy of targeting a consolidated payout ratio of 40% was maintained, and the ordinary dividend increased from ¥162 per share in the previous fiscal year to ¥205. The consolidated payout ratio was 40.1%. - FY2024-Q3RestatedAnnual report
「Board of Directors meeting held on 1 November 2023 Common shares 839 61 30 September 2023 1 December 2023 Retained earnings」
The ¥61 per share interim dividend resolved for FY2024-Q2 was paid. No change in the basic policy of stable profit returns was stated. - FY2024-Q2Higher Interim DividendAnnual report
「Board of Directors meeting held on 1 November 2023 Common shares 839 61 30 September 2023 1 December 2023 Retained earnings」
The payment of an interim dividend of ¥61 per share, totaling ¥839 million, was resolved for the current interim period. This was up from the previous year's interim dividend of ¥49 per share, although no change in the basic policy of stable profit returns was stated. - FY2024-Q1Decrease in year-end dividendAnnual report
「28 June 2023 Annual General Meeting of Shareholders Common shares 1,555 113 31 March 2023 29 June 2023 Retained earnings」
A year-end dividend of ¥113 per share, totaling ¥1,555 million, was paid for the fiscal year ended March 2023. No change in the policy of stable profit returns was stated, although this was down from the year-earlier year-end dividend of ¥122 per share. - FY2023-Q3RestatedAnnual report
「2 November 2022 Board of Directors Common shares 674 49 30 September 2022 2 December 2022 Retained earnings」
The company paid an interim dividend of ¥49 per share on 2 December 2022, confirming payment of the interim dividend resolved in FY2023-Q2. No change to the stable profit distribution policy itself is stated. - FY2023-Q2Higher Interim DividendAnnual report
「2 November 2022 Board of Directors Common shares 674 49 30 September 2022 2 December 2022 Retained earnings」
The company resolved to pay an interim dividend of ¥49 per share. Although this was up from ¥17 per share for the previous year's interim dividend, no change to the basic policy of stable profit distribution itself is stated. - FY2023-Q1RestatedAnnual report
「24 June 2022 Annual General Meeting of Shareholders Common shares 1,668 122 31 March 2022 27 June 2022 Retained earnings」
The company paid a year-end dividend of ¥122 per share for the fiscal year ended March 2022 and continues to distribute profits. No change to the profit distribution policy itself is stated. - FY2022Explicit target of a consolidated payout ratio of approximately 40% and increase in ordinary dividendAnnual report
「As a specific indicator, we have set a consolidated payout ratio of 40% as a guideline and will pay sustainable and stable dividends in line with business performance. / Although the business environment remains challenging, we set the ordinary dividend at ¥139 per share, including an interim dividend of ¥17, in consideration of the payout ratio and business performance and from the standpoint of providing stable returns to shareholders. As a result, the consolidated payout ratio will be 40.2%.」
The policy of stable profit distribution was supplemented with a specific indicator of a consolidated payout ratio of approximately 40%, and the ordinary dividend increased from ¥84 per share in the previous fiscal year to ¥139. - FY2021Increase in ordinary dividendAnnual report
「Although the business environment remains challenging, we set the ordinary dividend at ¥84 per share, including an interim dividend of ¥17, in consideration of the payout ratio and business performance and from the standpoint of providing stable returns to shareholders.」
The basic policy of stable and appropriate profit distribution and paying dividends twice a year was maintained, while the ordinary dividend increased from ¥80 per share in the previous fiscal year to ¥84. The payout ratio was 30.38%. - FY2021-Q3RestatedAnnual report
「2 November 2020 Board of Directors Common shares 232 17 30 September 2020 4 December 2020 Retained earnings」
The company paid an interim dividend of ¥17 per share, totaling ¥232 million, and continues to provide stable profit distributions. - FY2020Increase in ordinary dividendAnnual report
「Although the business environment remains challenging, we set the ordinary dividend at ¥80 per share, including an interim dividend of ¥17, in consideration of the payout ratio and business performance and from the standpoint of providing stable returns to shareholders.」
The basic policy of stable and appropriate profit distribution and paying dividends twice a year was maintained, while the ordinary dividend increased from ¥67 per share in the previous fiscal year to ¥80. - FY2020-Q3RestatedAnnual report
「26 June 2019 Annual General Meeting of Shareholders Common shares 680 50 31 March 2019 27 June 2019 Retained earnings」
The company paid a year-end dividend of ¥50 per share for the fiscal year ended March 2019, bringing total annual profit distribution to ¥67 per share together with the previously resolved interim dividend of ¥17. - FY2020-Q2RestatedAnnual report
「1 November 2019 Board of Directors Common shares ¥231 million 17 30 September 2019 6 December 2019 Retained earnings」
The company resolved to pay an interim dividend of ¥17 per share and continues to distribute profits. - FY2019Increase in ordinary dividendAnnual report
「Although the business environment remains challenging, we set the ordinary dividend at ¥67 per share, including an interim dividend of ¥17, in consideration of the payout ratio and business performance and from the standpoint of providing stable returns to shareholders.」
The basic policy of stable and appropriate profit distribution was maintained, and the ordinary dividend increased from ¥52 per share in the previous fiscal year to ¥67. The payout ratio was 29.04%. - FY2019-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 31 October 2018, a resolution was passed to pay an interim dividend as follows to shareholders recorded in the shareholder registry as of 30 September 2018.」
The company paid an interim dividend of ¥17 per share, totaling ¥231 million, and no change to the basic policy of stable profit distribution is stated. - FY2019-Q2RestatedAnnual report
「At a Board of Directors meeting held on 31 October 2018, the company resolved as follows regarding the interim dividend for the fiscal year.」
The company resolved to pay an interim dividend of ¥17 per share, totaling ¥231 million. No change to the basic policy of stable profit distribution itself is stated. - FY2019-Q1RestatedAnnual report
「27 June 2018 Annual General Meeting of Shareholders Common shares 503 37 31 March 2018 28 June 2018 Retained earnings」
Based on a resolution at the Annual General Meeting of Shareholders, the company paid a dividend of ¥37 per share, totaling ¥503 million. The basic policy of stable profit distribution continues, and the per-share dividend includes a ¥5 commemorative dividend for designation to the First Section of the Tokyo Stock Exchange. - FY2018Increase in ordinary dividend and payment of commemorative dividendAnnual report
「Although the business environment remains challenging, we set the ordinary dividend at ¥47 per share, including an interim dividend of ¥15, in consideration of the payout ratio and business performance and from the standpoint of providing stable returns to shareholders. We also set a commemorative dividend of ¥5 per share to commemorate the company's designation for listing on the First Section of the Tokyo Stock Exchange.」
The basic policy of stable profit distribution was maintained. The ordinary dividend increased from ¥42 per share in the previous fiscal year to ¥47, and the ¥5 commemorative dividend for designation to the First Section of the Tokyo Stock Exchange brought the annual dividend to ¥52 per share. - FY2018-Q3RestatedAnnual report
「31 October 2017 Board of Directors Common shares ¥204 million 15 30 September 2017 8 December 2017 Retained earnings」
The company paid an interim dividend of ¥15 per share, totaling ¥204 million. No change to the basic policy of stable profit distribution is stated. - FY2018-Q2RestatedAnnual report
「Amount per share ........................................ ¥15.00」
No change to the basic profit distribution policy is stated. The interim dividend was ¥15 per share, up from ¥14 for the previous fiscal year. - FY2018-Q1RestatedAnnual report
「28 June 2017 Annual General Meeting of Shareholders Common shares 380 28 31 March 2017 29 June 2017 Retained earnings」
Based on a resolution at the Annual General Meeting of Shareholders, the company paid a dividend of ¥28 per share, totaling ¥380 million. No change to the basic policy of stable profit distribution itself is stated. - FY2017RestatedAnnual report
「Although the business environment remains challenging, we set the ordinary dividend at ¥42 per share, including an interim dividend of ¥14, in consideration of the payout ratio and business performance and from the standpoint of providing stable returns to shareholders.」
The company continues its basic policy of stable and appropriate profit distribution and paying dividends twice a year. The ordinary dividend for the fiscal year was ¥42 per share. - FY2017-Q3RestatedAnnual report
「At a Board of Directors meeting held on 31 October 2016, the company resolved as follows regarding the interim dividend for the fiscal year.」
The company paid an interim dividend of ¥14 per share, totaling ¥190 million. No material change to the basic profit distribution policy itself is stated. - FY2017-Q2RestatedAnnual report
「At a Board of Directors meeting held on 31 October 2016, the company resolved as follows regarding the interim dividend for the fiscal year.」
The company resolved at a Board of Directors meeting to pay an interim dividend of ¥14 per share. No change to the profit distribution policy itself is stated. - FY2016First statedAnnual report
「We regard returning profits to shareholders as an important management policy. Our basic policy is to distribute results supported by performance while improving earning power through effective business operations and strengthening our financial position.」
The company generally pays dividends twice a year, an interim dividend and a year-end dividend, and paid a dividend of ¥34 per share for the fiscal year.