Integroup (192A) · PolicyRaised
Policy of prioritizing growth investment and retained earnings and paying no dividends for the time being
First written in FY2024. 5 of 11 entries say "Advanced", first in 2026-03-31. Latest entry: FY2026.
11entries
3years
8from disclosures
How it moved
Same theme, other companies
Non-Dividend Policy Prioritizing Business Efficiency and Growth InvestmentA theme 235 companies write about · 44 as a headwind · 165 as a tailwind
16 other companies' latest entry also says "Raised".
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 198 companies compared. The sentences above are computed from all 198.Comparing 200 of the theme's 237 threads.Full recordFilings, disclosures and news, newest first
- FY2026RaisedAnnual report
「・The payout ratio for the fiscal year ending May 2027 will be approximately 50%. ・The dividend will have a minimum of ¥50 per share. ・The long-term target payout ratio is 80%, to be raised in stages.」
The target payout ratio was raised from approximately 40% for the fiscal year ending May 2026 to approximately 50% for the fiscal year ending May 2027, and a minimum dividend of ¥50 per share was established. The long-term target of 80% remains unchanged. - FY2025ReframedAnnual report
「・The payout ratio for the fiscal year ending May 2026 will be approximately 40%. ・The long-term target payout ratio is 80%, to be raised in stages.」
The former policy of no dividends and prioritizing retained earnings changed, with a dividend of ¥45 per share paid for the fiscal year ended May 2025. The company shifted to a shareholder-return policy targeting a payout ratio of approximately 40% for the fiscal year ending May 2026 and 80% over the long term. - FY2024First statedAnnual report
「For the time being, our policy is to prioritize strengthening retained earnings and not pay dividends from surplus.」
Retained earnings will be used for recruiting, incentives and business investment for growth, while the possibility and timing of future dividends remain undecided.