Dividend Policy Emphasizing Retained Earnings
First written in FY2024. 3 of 5 entries say "Restated". Latest entry: FY2027-H1.
81 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「24 April 2026 Annual general meeting of shareholders Common shares 29,400 20 31 January 2026 27 April 2026 Retained earnings」
In April 2026, the Company paid a dividend of ¥20 per share, totaling ¥29.4 million, funded from retained earnings, and continued shareholder returns in line with its existing dividend policy. - FY2026RestatedAnnual report
「The Company plans to pay dividends using a payout ratio of 15–20% as a guideline. For the fiscal year, the Company decided to pay a dividend of ¥20 per share in accordance with the above policy. As a result, the payout ratio for the fiscal year was 19.1%.」
The Company maintained its policy of targeting a payout ratio of 15–20% while balancing dividends with retained earnings, and paid ¥20 per share, resulting in a payout ratio of 19.1%. - 2026-04-02RestatedGeneral Meetings of Shareholders
「With regard to dividends, while placing emphasis on strengthening retained earnings to secure funds for future growth, we will seek to balance this with the maximization of shareholder returns. After comprehensively considering business performance, financial condition and other factors, our policy is to pay dividends with a payout ratio of approximately 15%–20%.」
The policy of prioritizing retained earnings while using a dividend payout ratio of approximately 15%–20% as a guideline is reiterated. - FY2025AdvancedAnnual report
「For the fiscal year, the Company decided to pay a dividend of ¥20 per share in accordance with the above policy. As a result, the payout ratio for the fiscal year was 16.9%.」
In line with the policy of targeting a payout ratio of 15–20%, the Company paid its first dividend of ¥20 per share, resulting in a payout ratio of 16.9%. - FY2024First statedAnnual report
「From the fiscal year ending January 2025 onward, the Company plans to pay dividends based on a comprehensive assessment of business performance, financial condition and other factors, while balancing the maximization of shareholder returns with retained earnings, using a payout ratio of 15–20% as a guideline.」
The Company paid no dividends through the fiscal year ended January 2024 and has indicated a target payout ratio from the fiscal year ending January 2025 onward.