Shareholder returns based on a consolidated dividend payout ratio of approximately 40%
First written in FY2016. 9 of 12 entries say "Restated". Latest entry: FY2026.
30 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The company plans to resume dividend payments in the fiscal year ending March 2029 by enhancing its earnings-generating capacity through execution of the aforementioned Medium-Term Management Plan 2028.」
While continuing not to pay a dividend on common shares, the company newly presented a time-specific plan to resume dividends in the fiscal year ending March 2029, contingent on improving its earnings-generating capacity through execution of Medium-Term Management Plan 2028. - 2026-06-02RestatedGeneral Meetings of Shareholders
「With respect to dividends on common shares for the current fiscal year, in light of the consolidated results described above, we regrettably decided not to pay a dividend because securing retained earnings in preparation for business expansion aimed at the company’s medium- to long-term renewed growth is currently the most important issue, among other factors.」
The company reaffirmed its policy of paying no dividend on common shares, prioritizing retained earnings in preparation for renewed medium- to long-term growth. - FY2025RestatedAnnual report
「With respect to dividends on common shares for the fiscal year, although the company returned to profitability as described above, it needs to further enhance its earnings-generating capacity. Securing retained earnings to prepare for business expansion aimed at the company's medium- to long-term recovery is currently the most important priority, among other considerations, and the company plans, regrettably, not to pay a dividend.」
The company indicated a policy of retaining no dividend on common shares even after returning to profitability, prioritizing retained earnings for medium- to long-term recovery. There will be no preferred dividend for the fiscal year following the full redemption of the Class A preferred shares. - FY2023RestatedAnnual report
「With respect to dividends on common shares for the fiscal year, in light of the consolidated performance described above and because securing retained earnings to prepare for business expansion aimed at the recovery of the restaurant industry is currently the most important priority, among other considerations, the company regrettably decided not to pay a dividend. The dividend on Class A preferred shares was set at ¥45.000 per share in accordance with the articles of incorporation and the issuance terms.」
The company continued to pay no dividend on common shares and paid ¥45 per share on Class A preferred shares. The previous specific benchmark of a consolidated payout ratio of approximately 40% for common-share dividends was not reiterated. - FY2022RestatedAnnual report
「The company regards the distribution of profits to shareholders as an important management priority and has a basic policy of returning profits in line with earnings, while taking into account the need to build retained earnings to maintain a sound financial position and prepare for proactive business expansion with a view to maximizing corporate value.」
While maintaining its basic profit distribution policy, the company paid no dividend on common shares and paid ¥13.808 per share on Class A preferred shares. - FY2021SoftenedAnnual report
「For the fiscal year, in light of the consolidated performance described above and because securing retained earnings to prepare for proactive business expansion aimed at the recovery of the restaurant industry is currently the most important priority, among other considerations, the company regrettably decided not to pay a dividend.」
The specific benchmark of a consolidated payout ratio of approximately 40% stated under the previous policy was not reiterated in the dividend policy in this filing, and no dividend was paid for the fiscal year. - FY2020RestatedAnnual report
「The company regards the distribution of profits to shareholders as an important management priority and, while taking into account the need to build retained earnings to maintain a sound financial position and prepare for proactive business expansion with a view to maximizing corporate value, its basic policy is to return profits in line with earnings. Taking consolidated performance, return on equity (ROE) and other factors into account, the company is working to maintain ongoing profit distributions based on a consolidated payout ratio of approximately 40% for the time being.」
The company maintained its profit distribution policy of using a consolidated payout ratio of approximately 40% as its benchmark. The annual dividend for the year was ¥8 per share, and the payout ratio was 43.2%. - FY2019RestatedAnnual report
「The company regards the distribution of profits to shareholders as an important management priority and, while taking into account the need to build retained earnings to maintain a sound financial position and prepare for proactive business expansion with a view to maximizing corporate value, its basic policy is to return profits in line with earnings. Taking consolidated performance, return on equity (ROE) and other factors into account, the company is working to maintain ongoing profit distributions based on a consolidated payout ratio of approximately 40% for the time being.」
The company maintained its policy of using a consolidated payout ratio of approximately 40% as its benchmark. The annual dividend for the year was ¥8 per share, and the payout ratio was 83.5%. - FY2019-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 30 October 2018, the company resolved the following interim dividend. (1) Total dividends: ¥233,964 thousand (2) Dividend per share: ¥5.00」
No change was indicated to the existing policy of using a consolidated payout ratio of approximately 40% as the benchmark, and the company resolved to pay total interim dividends of ¥233,964 thousand, or ¥5 per share. - FY2018RestatedAnnual report
「Taking consolidated performance, return on equity (ROE) and other factors into account, the company is working to maintain ongoing profit distributions based on a consolidated payout ratio of approximately 40% for the time being.」
The company reconfirmed its profit distribution policy of using a consolidated payout ratio of approximately 40% as its benchmark. The annual dividend for the fiscal year was ¥44 per share, and the payout ratio was 64.6%. - FY2017RestatedAnnual report
「For the time being, the company is working to maintain ongoing profit distributions based on a consolidated payout ratio of approximately 40%.」
The company reconfirmed its policy of using a consolidated payout ratio of approximately 40% as its benchmark for the time being, taking consolidated performance and ROE into account. The annual dividend for the year was ¥42 per share, and the payout ratio was 41.5%. - FY2016First statedAnnual report
「For the current fiscal year and future consolidated payout ratios, the company will consider consolidated performance, return on equity (ROE) and other factors, use approximately 40% as its benchmark, and work to maintain ongoing profit distributions.」
The annual dividend for the year was ¥38 per share, and the payout ratio was 42.6%.