Komori
Sobal (2186) · PolicyRestated

Flexible Capital Policy and Shareholder Returns with a Focus on Capital Efficiency

First written in FY2017-Q1. 19 of 30 entries say "Restated". Latest entry: FY2027-H1.

30entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2023-Q3 – FY2027-H12016: 220162017: 320172018: 320182019: 320192020: 320202021: 320212022: 220222023: 420232024: 220242025: 220252026: 32026
Same theme, other companies
Comprehensive Shareholder Returns through Share Repurchases and DividendsA theme 151 companies write about · 0 as a headwind · 154 as a tailwind

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

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 151 companies compared. The sentences above are computed from all 151.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1RestatedAnnual report

    「14 October 2026 Board of Directors Common shares 129,809 16.50 31 August 2026 16 November 2026 Retained earnings」

    The resolution set the interim dividend at ¥16.50 per share, reaffirming long-term and stable shareholder returns at the same level as the previous year.
  2. FY2026-H1RestatedAnnual report

    「14 October 2025 Board of Directors Common shares 129,809 16.50 31 August 2025 17 November 2025 Retained earnings」

    The resolution set the interim dividend at ¥16.50 per share, reaffirming the policy of long-term and stable shareholder returns and a dividend at the same level as the previous year.
  3. FY2025RestatedAnnual report

    「The company considers the long-term return of profits to shareholders one of its management priorities. Its basic policy is to build retained earnings for potential future acquisitions, capital investment, research and development, and other purposes, while aiming to implement stable and continuous profit-return measures.」

    The Company reaffirmed its basic policy of providing long-term and stable returns to shareholders and building retained earnings for acquisitions, capital investment, research and development, and investment in human resources. Both the interim and year-end dividends were ¥16.50 per share.
  4. FY2025-Q1RestatedAnnual report

    「29 May 2024 Annual General Meeting Common shares 129,809 16.50 29 February 2024 30 May 2024 Retained earnings」

    The record states that the dividend based on the resolution of the Annual General Meeting was ¥16.50 per share, reaffirming long-term and stable shareholder returns at the same level as the previous year.
  5. FY2024RestatedAnnual report

    「The company considers the long-term return of profits to shareholders one of its management priorities. Its basic policy is to build retained earnings for potential future acquisitions, capital investment, research and development, and other purposes, while aiming to implement stable and continuous profit-return measures.」

    The Company reaffirmed its basic policy of providing long-term and stable returns to shareholders and building retained earnings for future investment. Both the interim and year-end dividends were ¥16.50 per share.
  6. FY2024-Q2RestatedAnnual report

    「29 September 2023 Board of Directors Common shares 129,809 16.50 31 August 2023 8 November 2023 Retained earnings」

    The resolution set the interim dividend with a record date of 31 August 2023 at ¥16.50 per share, reaffirming shareholder returns at the same level as the previous year's interim dividend.
  7. FY2024-Q1RestatedAnnual report

    「24 May 2023 Annual General Meeting Common shares 129,809 16.50 28 February 2023 25 May 2023 Retained earnings」

    The record states that a ¥16.50-per-share dividend based on the resolution of the Annual General Meeting was paid on 25 May 2023. No change to the policy of returning profits to shareholders on a long-term and stable basis was stated.
  8. FY2023RestatedAnnual report

    「The company considers the long-term return of profits to shareholders one of its management priorities. Its basic policy is to build retained earnings for potential future acquisitions, capital investment, research and development, and other purposes, while aiming to implement stable and continuous profit-return measures.」

    The Company reaffirmed its basic policy of returning profits to shareholders over the long term, retaining earnings for future investment, and providing stable and sustained returns. Both the interim and year-end dividends were ¥16.50 per share.
  9. FY2023-Q3RestatedAnnual report

    「30 September 2022 Board of Directors Common shares 129,809 16.50 31 August 2022 8 November 2022 Retained earnings」

    The record states that the ¥16.50-per-share interim dividend resolved on 30 September 2022 was paid on 8 November 2022.
  10. FY2023-Q2RaisedAnnual report

    「At a meeting of the Board of Directors held on 30 September 2022, the Company resolved to pay an interim dividend to shareholders or registered stock pledgees listed or recorded on the final shareholder register as of 31 August 2022, as follows: / (2) Dividend per share: ¥16.50」

    The resolution set the interim dividend at ¥16.50 per share, an increase of ¥0.50 from the previous fiscal year's interim dividend of ¥16.00.
  11. FY2022RaisedAnnual report

    「30 September 2021 Board of Directors resolution 125,876 16.00 / 24 May 2022 Annual General Meeting resolution 133,743 17.00」

    The interim dividend was maintained at ¥16, while the year-end dividend was ¥17, bringing the annual dividend to ¥33. The year-end dividend included a ¥1 commemorative dividend for the Company's 40th anniversary.
  12. FY2022-Q2RestatedAnnual report

    「At a meeting of the Board of Directors held on 30 September 2021, the Company resolved to pay an interim dividend to shareholders or registered stock pledgees listed or recorded on the final shareholder register as of 31 August 2021, as follows: / (1) Total dividends: ¥125.876 million / (2) Dividend per share: ¥16.00」

    The resolution set the interim dividend at ¥16 per share, the same level as the interim dividend for the previous fiscal year. No change to the policy of returning profits to shareholders on a long-term and stable basis was stated.
  13. FY2022-Q1RestatedAnnual report

    「20 May 2021 Annual general meeting of shareholders Common shares 125,876 16.00 28 February 2021 21 May 2021 Retained earnings」

    The company states that it paid a dividend of ¥16 per share, totaling ¥125,876 thousand, pursuant to the resolution of the annual general meeting of shareholders. This was the same as the previous fiscal year's full-year dividend level, and there was no change to the shareholder-return policy.
  14. FY2021RaisedAnnual report

    「The company considers the long-term return of profits to shareholders one of its management priorities. Its basic policy is to build retained earnings for potential future acquisitions, capital investment, research and development, and other purposes, while aiming to implement stable and continuous profit-return measures. / 30 September 2020 Board resolution 125,876 16.00 / 20 May 2021 Resolution of annual general meeting of shareholders 125,876 16.00」

    While maintaining its policy of long-term and stable profit returns, the company set the interim and year-end dividends at ¥16 per share each, for an annual dividend of ¥32. This was up from the previous year's annual dividend of ¥30.
  15. FY2021-Q2RaisedAnnual report

    「30 September 2020 Board of directors Common shares 125,876 16.00 31 August 2020 10 November 2020 Retained earnings」

    The company reports a resolution setting the interim dividend at ¥16 per share, up from ¥15 in the previous fiscal year. No change to the long-term and stable profit-return policy itself is reported.
  16. FY2021-Q1RestatedAnnual report

    「21 May 2020 Annual general meeting of shareholders Common shares 118,009 15.00 29 February 2020 22 May 2020 Retained earnings」

    The company states that it paid a dividend of ¥15 per share, totaling ¥118,009 thousand, on 22 May 2020 pursuant to the resolution of the annual general meeting of shareholders. Its policy of long-term and stable profit returns remains unchanged.
  17. FY2020RaisedAnnual report

    「The company considers the long-term return of profits to shareholders one of its management priorities. Its basic policy is to build retained earnings for potential future acquisitions, capital investment, research and development, and other purposes, while aiming to implement stable and continuous profit-return measures. / Dividend per share (¥) 15.00」

    The company restates its policy of long-term and stable profit returns, reporting an interim dividend of ¥15, a year-end dividend of ¥15, and an annual dividend of ¥30 for the year. The actual amount increased from the previous year's annual dividend of ¥27.
  18. FY2020-Q2RaisedAnnual report

    「At the board meeting held on 30 September 2019, the company resolved to pay the interim dividend as follows to shareholders listed or recorded in the final shareholder register as of 31 August 2019. / (2) Amount per share ¥15.00」

    The company reports a resolution setting the interim dividend at ¥15 per share, up from ¥13 in the previous fiscal year.
  19. FY2020-Q1RestatedAnnual report

    「Dividend per share (yen): 14.00」

    The company reports payment of a dividend of ¥14 per share based on the resolution of the annual general meeting of shareholders held on 23 May 2019. This was the same as the previous fiscal year's year-end dividend, and no change to the basic policy is reported.
  20. FY2019RaisedAnnual report

    「23 May 2019 Resolution of annual general meeting of shareholders 114,342 14.00」

    The basic shareholder-return policy remains unchanged, while the year-end dividend was ¥14 per share. The annual dividend, including the interim dividend of ¥13, was ¥27, up from the previous year's annual dividend of ¥25.5 on a post-stock-split basis.
  21. FY2019-Q2RaisedAnnual report

    「Regarding the interim dividend for the 37th fiscal period (1 March 2018 to 28 February 2019), the company resolved at the board meeting held on 28 September 2018 to pay the interim dividend as follows to shareholders listed or recorded in the final shareholder register as of 31 August 2018. / (2) Amount per share ¥13.00」

    The company reports a resolution setting the interim dividend at ¥13.00 per share, updating the amount of shareholder returns.
  22. FY2019-Q1Update of dividend track recordAnnual report

    「Dividend per share (¥) 12.50」

    The company reports a dividend of ¥12.50 per share and total dividends of ¥102,092 thousand based on the annual general meeting of shareholders held on 24 May 2018.
  23. FY2018RestatedAnnual report

    「The company considers the long-term return of profits to shareholders one of its management priorities. Its basic policy is to build retained earnings for potential future acquisitions, capital investment, research and development, and other purposes, while aiming to implement stable and continuous profit-return measures.」

    The company restates its basic policy of long-term shareholder returns, retaining earnings for future investment, and stable and continuous profit returns. The dividend was ¥24 per share for the interim period and ¥12.5 per share at year-end, although the amounts before and after the stock split are mixed.
  24. FY2018-Q2RaisedAnnual report

    「Amount per share ¥24.00」

    Although no change to the basic shareholder-return policy is reported, the interim dividend resolved at the board meeting held on 29 September 2017 was ¥24 per share, up from ¥21 in the same period of the previous year.
  25. FY2018-Q1RestatedAnnual report

    「Dividend per share (¥) 21.00」

    The company reports a dividend of ¥21 per share based on the resolution of the annual general meeting of shareholders held on 24 May 2017, demonstrating its record of continuing shareholder returns.
  26. FY2017RestatedAnnual report

    「The company considers the long-term return of profits to shareholders one of its management priorities. Its basic policy is to build retained earnings for potential future acquisitions, capital investment, research and development, and other purposes, while aiming to implement stable and continuous profit-return measures.」

    The company restates its basic policy of long-term shareholder returns, building retained earnings, and stable and continuous profit returns. The dividend for the year was ¥21 per share for the interim period and ¥21 per share at year-end.
  27. FY2017-Q2RestatedAnnual report

    「To improve capital efficiency and pursue a flexible capital policy in line with the business environment, while enhancing profit returns to shareholders.」

    The company continues to cite capital efficiency, a flexible capital policy, and shareholder returns using the same wording as reasons for the share repurchase. The interim dividend was ¥21 per share.
  28. FY2017-Q1First statedAnnual report

    「To improve capital efficiency and pursue a flexible capital policy in line with the business environment, while enhancing profit returns to shareholders.」

    The company cites capital efficiency, a flexible capital policy, and shareholder returns as reasons for the share repurchase. The dividend for the quarter was ¥20 per share, up from ¥18 in the same period of the previous year.
Moved together

"Stable Management through Higher Liquidity and Cash Balances" moved the same way as this thread, in the same document, in 6 of its 30 moves.

644444★123456
  1. ★This thread
  2. 1Stable Management through Higher Liquidity and Cash Balances6×
  3. 2Business Expansion and Strengthening the Management Foundation4×
  4. 3Temporary Margin Declines Accompanying Growth Initiatives4×
  5. 4Shift to Contract Development and Development of Management Personnel4×
  6. 5Quality Issues and Unprofitable Projects4×
  7. 6Improving Margins through Budget Management, Project Management and Reuse of Expertise4×

★ 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 Sobal yet. It last moved in the Earnings of 2026-07-13: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Flexible Capital Policy and Shareholder Returns with a Focus on Capital Efficiency | Sobal Corporation (2186) | Komori