Komori
SAAF Holdings (1447) · PolicyAchievedLatest Dividends (2026-10-01): "Softened"

Dividend Policy Prioritizing Financial Strength and Retained Earnings

First written in FY2019. 5 of 13 entries say "Raised", first in FY2022. Latest entry: 2026-10-01.

13entries
8years
6from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2019 – FY2021RaisedFY2022 – 2026-06-302019: 120192020: 120202021: 120212022: 120222023: 020232024: 120242025: 020252026: 82026
Same theme, other companies

7 other companies' latest entry also says "Softened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 115 companies compared. The sentences above are computed from all 115.
Full recordFilings, disclosures and news, newest first
  1. 2026-10-01Softeneds.kabutan.jp

    「Although our basic policy is to provide continuous shareholder returns based on a stable management foundation, in light of the impact of recording this valuation loss on net income attributable to owners of the parent, we believe it is appropriate to make a careful decision on the year-end dividend after assessing full-year earnings trends and our financial position. Accordingly, we have revised our dividend forecast for the fiscal year ending March 2027 to undecided.」

    The previously planned year-end dividend of ¥4.8 per share has been changed to undecided, weakening the outlook for shareholder returns.
  2. FY2026AchievedAnnual report

    「For the fiscal year, we decided to pay a dividend of ¥4.50 per share, comprising the ordinary dividend of ¥2 per share under the policy described above and a commemorative dividend of ¥2.50 per share in recognition of achieving the highest profit since the company's establishment in 2018. As a result, the dividend payout ratio for the fiscal year was 26.24%.」

    The company moved from its previous policy of targeting dividends to paying ¥4.50 per share, comprising a ¥2 ordinary dividend and a ¥2.50 commemorative dividend, with a dividend payout ratio of 26.24%.
  3. FY2024RaisedAnnual report

    「Based on the earnings forecast for the fiscal year ending March 2025, we plan to pay a dividend of ¥6 per share. We will work to improve and build retained earnings and aim to provide shareholders with continuous returns of profit.」

    The company moved from its previous policy of targeting dividends to a specific shareholder return plan providing for ¥6 per share for the fiscal year ending March 2025. However, it paid no dividend for the fiscal year ended March 2024.
  4. FY2022RaisedAnnual report

    「Under the new management team, we are undertaking organizational restructuring, including the consolidation and closure of loss-making companies established as new businesses, with the goal of paying dividends to shareholders. For the fiscal year ending March 2023, the group will be structured to generate profits primarily through profitable companies. We will work to improve and build retained earnings, using the figures in the medium-term management plan as targets.」

    In addition to the previous dividend policy emphasizing financial strength and retained earnings, the company explicitly stated its direction of targeting shareholder dividends while proceeding with organizational restructuring and improving retained earnings.
  5. FY2021RestatedAnnual report

    「In addition to the factors described above, in light of the uncertain outlook, including the declaration of a state of emergency due to the COVID-19 pandemic, we decided to continue to forgo the dividend from retained earnings for the fiscal year ending March 2021. The dividend based on the record date of 31 March 2022 remains undecided at this time, pending comprehensive consideration of the profit level, the future business environment, financial strength, retained earnings and the impact of COVID-19.」

    The company maintained its policy of considering business performance and other factors while emphasizing financial strength and retained earnings, paid no dividend for the fiscal year ending March 2021, and left the dividend for the fiscal year ending March 2022 undecided.
  6. FY2020RestatedAnnual report

    「Our basic policy for profit allocation is to pay dividends to shareholders after comprehensively considering business performance and economic conditions, while strengthening our financial position and building retained earnings in preparation for future business expansion.」

    The company has continued its policy of prioritizing financial strength and retained earnings while considering business performance and other factors in determining dividends, and paid no dividend for the fiscal year ended March 2020.
  7. FY2019First statedAnnual report

    「Our basic policy for profit allocation is to pay dividends to shareholders after comprehensively considering business performance and economic conditions, while strengthening our financial position and building retained earnings in preparation for future business expansion.」

    The company presented a basic policy of balancing a stronger financial position and retained earnings with shareholder dividends, and paid no dividend for the fiscal year.
Moved together

"Growth in orders from public institutions and private companies" moved the same way as this thread, in the same document, in 4 of its 13 moves.

433322★123456
  1. ★This thread
  2. 1Growth in orders from public institutions and private companies4×
  3. 2Joint holding company formed by ITbook and サムシング: 7 business segments3×
  4. 3Promoting Order Intake for Overseas Ground Improvement Projects, Primarily in Vietnam3×
  5. 4Business Reorganization Centered on Focus and Selectivity and Core Operations, with FY2022 as a Period of Transformation3×
  6. 5Initiatives in the IoT Device and FinTech Sectors2×
  7. 6Evolution into an on-site digital provider under the MTG2028 Medium-Term Management Plan2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for SAAF Holdings yet. It last moved in the Dividends of 2026-10-01: "Softened".
Dividend Policy Prioritizing Financial Strength and Retained Earnings | SAAF Holdings Co.,Ltd. (1447) | Komori