Komori
Sata Construction (1826) · PolicyRestated

Balancing Financial Strength Through Retained Earnings with Stable Dividends and Performance-Linked Returns

First written in FY2016. 23 of 32 entries say "Restated". Latest entry: 2026-05-29.

32entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2020-Q3RestatedFY2021-Q1 – FY2023-Q3RaisedFY2024-Q3 – FY20252016: 320162017: 420172018: 220182019: 420192020: 420202021: 320212022: 320222023: 320232024: 220242025: 220252026: 22026
Same theme, other companies
Optimizing the Allocation of Growth Investment, Financial Base Strengthening and Shareholder ReturnsA theme 377 companies write about · 2 as a headwind · 389 as a tailwind

64 other companies' latest entry also says "Restated".

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Showing 14 of the 192 companies compared. The sentences above are computed from all 192.Comparing 200 of the theme's 394 threads.
Full recordFilings, disclosures and news, newest first
  2. FY2026-H1RestatedAnnual report

    「Annual General Meeting of Shareholders held on 26 June 2025 Common shares 924 60.00 31 March 2025 26 June 2025 Retained earnings」

    A dividend totaling ¥924 million, or ¥60 per share, is being paid from retained earnings.
  3. FY2025RaisedAnnual report

    「=Dividend Policy= Basic policy: Target DOE of 6% Applicable period: The period covered by the medium-term management plan (through the fiscal year ending March 2028) The Company plans to submit a resolution for a dividend of ¥60.00 per share for the current fiscal year.」

    The Company has changed its policy from the previous policy of a payout ratio of 50% or more and a minimum dividend of ¥26 per share to a policy targeting a 6% DOE during the period covered by the medium-term management plan, and plans to pay ¥60 per share for both the current and next fiscal years.
  4. FY2024RaisedAnnual report

    「With respect to shareholder dividends, based on the dividend policy set out in “Initiatives to Realize Management Conscious of Cost of Capital and Share Price,” published on 5 February 2024, the year-end dividend for the fiscal year was set at ¥26 per share, representing a consolidated payout ratio of 530.5%. For the next fiscal year, the Company plans to pay a dividend of ¥29 per share, representing a consolidated payout ratio of 51.7%.」

    Under the basic policy of paying at least ¥26 per share and maintaining a payout ratio of 50% or more, the planned dividend for the next fiscal year has been raised from the previous plan of ¥16 to ¥29 per share, with a consolidated payout ratio of 51.7% planned.
  5. FY2024-Q3RaisedAnnual report

    「Basic policy: With an emphasis on returning profits in line with performance, we will build appropriate financial strength through a certain level of retained earnings, enabling us to respond fully to changes in the business environment. Dividend payout ratio: At least 50%, with a minimum dividend of ¥26 per share. Applicable period: This policy applies during the current medium-term management plan period, through the fiscal year ending March 2025.」

    In addition to the previous policy of balancing retained earnings and shareholder returns, specifies a payout ratio of at least 50%, a minimum dividend of ¥26 per share, and an applicable period through the fiscal year ending March 2025.
  6. FY2024-Q1RestatedAnnual report

    「Annual General Meeting of Shareholders 27 June 2023 Common shares 397 26.00 31 March 2023 28 June 2023 Retained earnings」

    Paid a dividend of ¥397 million in total, or ¥26 per share, funded by retained earnings.
  7. FY2023RaisedAnnual report

    「The Company follows a policy of balancing retained earnings and shareholder returns. The year-end dividend for the current consolidated fiscal year was set at ¥26 per share, with a consolidated payout ratio of 30.3%. For the next fiscal year, a dividend of ¥16 per share and a consolidated payout ratio of 31.0% are planned.」

    Maintains the policy of balancing retained earnings and shareholder returns, while increasing the current-year dividend from ¥13 to ¥26 per share and planning a ¥16 dividend for the next fiscal year.
  8. FY2023-Q3RestatedAnnual report

    「Annual General Meeting of Shareholders 24 June 2022 Common shares 201 13.00 31 March 2022 27 June 2022 Retained earnings」

    Paid a dividend of ¥201 million in total, or ¥13 per share, funded by retained earnings.
  9. FY2023-Q1RestatedAnnual report

    「Annual General Meeting of Shareholders 24 June 2022 Common shares 201 13.00 31 March 2022 27 June 2022 Retained earnings」

    Paid a dividend of ¥201 million in total, or ¥13 per share, funded by retained earnings.
  10. FY2022RestatedAnnual report

    「The Company follows a policy of balancing retained earnings and shareholder returns. The year-end dividend for the current consolidated fiscal year was set at ¥13 per share, with a consolidated payout ratio of 56.7%. For the next fiscal year, a dividend of ¥13 per share and a consolidated payout ratio of 28.4% are planned.」

    Maintains the policy of balancing retained earnings and shareholder returns, together with stable dividends and performance-linked returns, with dividends of ¥13 per share for the current and next fiscal years.
  11. FY2022-Q3RestatedAnnual report

    「Annual General Meeting of Shareholders, 25 June 2021 Common shares 201 13.00 31 March 2021 28 June 2021 Retained earnings」

    Paid a dividend of ¥201 million in total, or ¥13 per share, funded by retained earnings.
  12. FY2022-Q1RestatedAnnual report

    「Annual General Meeting of Shareholders 25 June 2021 Common shares 201 13.00 31 March 2021 28 June 2021 Retained earnings」

    Paid a dividend of ¥201 million in total, or ¥13 per share, funded by retained earnings.
  13. FY2021Disclosure of lower dividends and the dividend payout ratioAnnual report

    「The dividend for the current fiscal year will be ¥13.00 per share.」

    Continued the basic policy of retained earnings, stable dividends and profit returns in line with performance. The dividend was ¥13 in the current fiscal year, compared with ¥18 in the previous fiscal year including the commemorative dividend marking the 100th anniversary of the company's founding, and a ¥13 dividend is planned for the next fiscal year.
  14. FY2021-Q3RestatedAnnual report

    「Annual General Meeting of Shareholders, 25 June 2020 Common shares 279 18.00 31 March 2020 26 June 2020 Retained earnings」

    Paid a dividend of ¥279 million in total, or ¥18 per share, funded by retained earnings. The dividend per share includes a ¥5 commemorative dividend marking the 100th anniversary of the company's founding.
  15. FY2021-Q2RestatedAnnual report

    「Annual General Meeting of Shareholders, 25 June 2020 Common shares 279 18.00 31 March 2020 26 June 2020 Retained earnings」

    Paid a dividend of ¥279 million in total, or ¥18 per share, funded by retained earnings. The dividend per share includes a ¥5 commemorative dividend marking the 100th anniversary of the company's founding.
  16. FY2021-Q1RestatedAnnual report

    「Annual General Meeting of Shareholders, 25 June 2020 Common shares 279 18.00 31 March 2020 26 June 2020 Retained earnings」

    Paid a dividend of ¥279 million in total, or ¥18 per share, funded by retained earnings. The dividend per share includes a ¥5 commemorative dividend marking the 100th anniversary of the company's founding.
  17. FY2020RaisedAnnual report

    「The dividend for the current fiscal year will be ¥18.00 per share, comprising an ordinary dividend of ¥13.00 and a ¥5.00 commemorative dividend marking the 100th anniversary of the company's founding.」

    Maintains the basic policy of retained earnings, stable dividends and performance-linked returns, while increasing the dividend per share from ¥13 to ¥18 by adding a ¥5 commemorative dividend marking the 100th anniversary of the company's founding.
  18. FY2020-Q3RestatedAnnual report

    「Annual General Meeting of Shareholders, 26 June 2019 Common shares 201 13.00 31 March 2019 27 June 2019 Retained earnings」

    Paid a dividend of ¥201 million in total, or ¥13 per share, funded by retained earnings.
  19. FY2020-Q2RestatedAnnual report

    「Annual General Meeting of Shareholders, 26 June 2019 Common shares 201 13.00 31 March 2019 27 June 2019 Retained earnings」

    Paid a dividend of ¥201 million in total, or ¥13 per share, funded by retained earnings.
  20. FY2020-Q1RestatedAnnual report

    「Annual General Meeting of Shareholders 26 June 2019 Common shares 201 13.00 31 March 2019 27 June 2019 Retained earnings」

    Paid a dividend of ¥201 million in total, or ¥13 per share, funded by retained earnings.
  21. FY2019Dividend decreasedAnnual report

    「Our basic policy for profit allocation is to build financial strength through retained earnings sufficient to respond fully to changes in the business environment, while paying stable dividends to shareholders and returning profits in line with performance. … The dividend for the current fiscal year will be ¥13.00 per share.」

    Continued the policy of retained earnings, stable dividends and performance-linked returns, but reduced the dividend per share from ¥14 in the previous fiscal year to ¥13.
  22. FY2019-Q3RestatedAnnual report

    「Due mainly to the payment of dividends of ¥217 million and the recognition of quarterly net income attributable to owners of the parent of ¥348 million, among other factors, the balance increased by ¥130 million from the end of the previous consolidated fiscal year to ¥12,985 million, or ¥12.985 billion, representing a 1.0% increase from the previous fiscal year.」

    Continues shareholder returns by paying a ¥14-per-share dividend funded by retained earnings.
  23. FY2019-Q1RestatedAnnual report

    「Annual General Meeting of Shareholders 26 June 2018 Common shares 217 14.00 31 March 2018 27 June 2018 Retained earnings」

    Paid a dividend of ¥217 million in total, or ¥14 per share, funded by retained earnings.
  24. FY2018Higher dividendAnnual report

    「Our basic policy for profit allocation is to build financial strength through retained earnings sufficient to respond fully to changes in the business environment, while paying stable dividends to shareholders and returning profits in line with performance. The basic policy for dividends from surplus is to pay a year-end dividend once a year, with the General Meeting of Shareholders serving as the decision-making body for dividends. … The dividend for the current fiscal year will be ¥14.00 per share.」

    Continues the policy of retained earnings, stable dividends and profit returns in line with performance, with the dividend per share increasing from ¥13 in the previous fiscal year to ¥14.
  25. FY2018-Q2RestatedAnnual report

    「Annual General Meeting of Shareholders, 27 June 2017 Common shares 201 13.00 31 March 2017 28 June 2017 Retained earnings」

    Paid a dividend of ¥201 million in total, or ¥13 per share, funded by retained earnings.
  26. FY2018-Q1RestatedAnnual report

    「Annual General Meeting of Shareholders, 27 June 2017 Common shares 201 13.00 31 March 2017 28 June 2017 Retained earnings」

    Paid a dividend of ¥201 million in total, or ¥13 per share, funded by retained earnings.
  27. FY2017RestatedAnnual report

    「Our basic policy for profit allocation is to build financial strength through retained earnings sufficient to respond fully to changes in the business environment, while paying stable dividends to shareholders and returning profits in line with performance. … The dividend for the current fiscal year will be ¥13.00 per share.」

    Continues the basic policy of building financial strength through retained earnings, paying stable dividends and returning profits in line with performance, with a dividend of ¥13 per share for the current fiscal year.
  28. FY2017-Q3RestatedAnnual report

    「Net assets increased by ¥377 million from the end of the previous consolidated fiscal year to ¥11,297 million, or ¥11.297 billion, due mainly to the payment of dividends of ¥201 million and the recognition of quarterly net income attributable to owners of the parent of ¥578 million, among other factors. This represented a 3.5% increase from the previous fiscal year.」

    Continues to disclose the payment of dividends funded by retained earnings, indicating that shareholder returns were made.
  29. FY2017-Q2RestatedAnnual report

    「Net assets increased by ¥182 million from the end of the previous consolidated fiscal year to ¥11,102 million, or ¥11.102 billion, due mainly to the payment of dividends of ¥201 million and the recognition of quarterly net income attributable to owners of the parent of ¥384 million, among other factors. This represented a 1.7% increase from the previous fiscal year.」

    Continues to disclose the payment of dividends funded by retained earnings, indicating that shareholder returns were made.
  30. FY2017-Q1RestatedAnnual report

    「Net assets decreased by ¥131 million from the end of the previous consolidated fiscal year to ¥10,788 million, or ¥10.788 billion, due mainly to the payment of dividends of ¥201 million and the recognition of quarterly net income attributable to owners of the parent of ¥70 million, among other factors. This represented a 1.2% decrease from the previous fiscal year.」

    Discloses the payment of dividends funded by retained earnings, indicating the continuation of shareholder returns.
  31. FY2016First statedAnnual report

    「Our basic policy is to build financial strength through retained earnings sufficient to respond fully to changes in the business environment, while paying stable dividends to shareholders and returning profits in line with performance.」

    Identifies financial strength, stable dividends and performance-linked profit returns as the basic dividend policy.
Moved together

"Concentrating management resources, enhancing cost responsiveness and securing appropriate profits" moved the same way as this thread, in the same document, in 3 of its 32 moves.

333322★123456
  1. ★This thread
  2. 1Concentrating management resources, enhancing cost responsiveness and securing appropriate profits3×
  3. 2Securing Order Intake and Backlog3×
  4. 3Introduction of a restricted stock compensation plan3×
  5. 4No new capital investment made during the period3×
  6. 5Strengthening Oversight and Audit Functions Through Outside Officers and Expert Appointments2×
  7. 6Strengthening the Recruitment and Development of Human Resources2×

★ 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
Sata Construction's next results are scheduled for 2026-11-06. Read the earnings preview It last moved in the General Meeting of Shareholders of 2026-05-29: "Restated".
News
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