Policy of Paying No Dividends for the Time Being While Prioritizing Growth Investment
First written in FY2023. 6 of 7 entries say "Restated". Latest entry: FY2026-H1.
129 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「No per-share dividend is shown because no dividend was paid.」
No dividend was paid in the interim period, and the no-dividend status continues. - 2026-05-14RestatedEarnings
「Fiscal year ending December 2026 (forecast) 0.00 — 0.00 0.00」
The dividend forecast for the fiscal year ending December 2026 is ¥0.00 for both the interim and year-end dividends, meaning the Company continues to expect no dividend. - FY2025RestatedAnnual report
「However, the company is currently in a growth phase and believes that, for the time being, strengthening retained earnings to reinforce the management base and using them for investment to strengthen its financial position and expand the business, thereby increasing corporate value, constitutes a return of profits to shareholders. Accordingly, the company does not pay dividends.」
Continues to prioritize retained earnings and growth investment and not pay dividends for the time being. - FY2025-H1RestatedAnnual report
「No per-share dividend is shown because no dividend was paid.」
No dividend was paid in the interim period, and the no-dividend status continues. - FY2024RestatedAnnual report
「However, the company is currently in a growth phase and believes that, for the time being, strengthening retained earnings to reinforce the management base and using them for investment to strengthen its financial position and expand the business, thereby increasing corporate value, constitutes a return of profits to shareholders. Accordingly, the company does not pay dividends.」
Continues the policy of prioritizing growth investment and retained earnings and not paying dividends for the time being. - FY2024-H1RestatedAnnual report
「No per-share dividend is shown because no dividend was paid.」
Confirms that no dividend was paid in the interim period and that the no-dividend policy continues. - FY2023First statedAnnual report
「For the time being, we believe that strengthening retained earnings to reinforce the management base and using them for investment to strengthen our financial position and expand the business, thereby increasing corporate value, constitutes a return of profits to shareholders, and we therefore do not pay dividends.」
Prioritizes retained earnings and investment in business expansion for now without ruling out future dividends.