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PAL GROUP Holdings (2726) · PolicyRestated

Balancing Earnings-Linked Dividends with Stable Payouts

First written in FY2016. 24 of 36 entries say "Restated". Latest entry: FY2027-H1.

36entries
11years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2018-Q32016: 320162017: 420172018: 420182019: 420192020: 320202021: 320212022: 320222023: 220232024: 320242025: 120252026: 62026
Same theme, other companies
Stable, Continuous Shareholder Returns and Dividend Increase PolicyA theme 1081 companies write about · 2 as a headwind · 1105 as a tailwind

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

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Showing 14 of the 193 companies compared. The sentences above are computed from all 193.Comparing 200 of the theme's 1107 threads.
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  1. FY2027-H1RestatedAnnual report

    「27 May 2026 Annual General Meeting Common shares 6,945 40 28 February 2026 28 May 2026 Retained earnings」

    The report records the payment of total dividends of ¥6,945 million in respect of the annual dividend of ¥40 per share planned in the previous year's report.
  2. FY2026RaisedAnnual report

    「For the 54th fiscal year (fiscal year ending February 2026), an annual dividend of ¥40 per share is scheduled to be implemented following approval at the Annual General Meeting of Shareholders scheduled for 27 May 2026. The annual dividend for the previous fiscal year (fiscal year ending February 2025) was an ordinary dividend of ¥60 per share, but because a 2-for-1 stock split was conducted effective 11 September 2025, this corresponds to ¥30 per share after the stock split. Accordingly, the ¥40 ordinary dividend per share for the 54th fiscal year represents a ¥10 increase from the previous fiscal year.」

    While maintaining the policy of basing dividends on business performance and stable dividends, the annual dividend on a post-stock-split basis is scheduled to increase by ¥10 from the equivalent of ¥30 in the previous fiscal year to ¥40.
  3. FY2026-H1RaisedAnnual report

    「28 May 2025 Annual General Meeting of Shareholders Common shares 5,209 60 28 February 2025 29 May 2025 Retained earnings」

    Under the policy of balancing performance-linked dividends and stable dividends, the dividend per share increased from ¥50 in the previous fiscal year to ¥60.
  4. FY2025-Q1RestatedAnnual report

    「29 May 2024 Annual General Meeting of Shareholders Common shares 4,341 50 29 February 2024 30 May 2024 Retained earnings」

    A dividend of ¥50 per share was paid, confirming payment under the policy of balancing performance-linked dividends and stable dividends.
  5. FY2024RaisedAnnual report

    「For the 52nd fiscal year (fiscal year ending February 2024), the annual ordinary dividend was set at ¥50 per share. The annual dividend for the previous fiscal year (fiscal year ending February 2023) totaled ¥75 per share, comprising an ordinary dividend of ¥60 and a ¥15 commemorative dividend for the 50th anniversary of the company's founding. However, because a 2-for-1 stock split was conducted effective 1 September 2023, this corresponds to ¥37.50 per share after the stock split. Accordingly, the ¥50 ordinary dividend per share for the 52nd fiscal year represents a ¥12.50 increase from the previous fiscal year.」

    The policy of emphasizing performance-linked dividends and stable dividends while strengthening retained earnings was maintained, and the annual dividend on a post-stock-split basis increased from the equivalent of ¥37.50 in the previous fiscal year to ¥50.
  6. FY2024-Q3RestatedAnnual report

    「24 May 2023 Annual General Meeting of Shareholders Common shares 3,294 75 28 February 2023 25 May 2023 Retained earnings」

    A dividend of ¥75 per share, totaling ¥3,294 million, was paid, reconfirming payment under the policy of balancing performance-linked dividends and stable dividends.
  7. FY2024-Q1RestatedAnnual report

    「24 May 2023 Annual General Meeting of Shareholders Common shares 3,294 75 28 February 2023 25 May 2023 Retained earnings」

    A dividend of ¥75 per share, totaling ¥3,294 million, was paid, confirming payment under the policy of balancing performance-linked dividends and stable dividends.
  8. FY2023RaisedAnnual report

    「For the 51st fiscal year (fiscal year ending February 2023), the annual dividend was increased by ¥25 per share from the previous fiscal year to ¥75. This comprised an ordinary dividend of ¥60 and a ¥15 commemorative dividend for the 50th anniversary of the company's founding.」

    The basic policy of balancing performance-linked dividends and stable dividends while strengthening retained earnings was maintained, and the annual dividend increased by ¥25 from ¥50 in the previous fiscal year to ¥75, including a ¥15 commemorative dividend for the 50th anniversary of the company's founding.
  9. FY2023-Q2RestatedAnnual report

    「25 May 2022 Annual General Meeting of Shareholders Common shares 2,196 50 28 February 2022 26 May 2022 Retained earnings」

    A dividend of ¥50 per share, totaling ¥2,196 million, was paid, confirming payment under the performance-linked and stable dividend policy disclosed in the previous fiscal year.
  10. FY2022RaisedAnnual report

    「For the 50th fiscal year (fiscal year ending February 2022), the annual ordinary dividend was increased by ¥25 per share from the previous fiscal year to ¥50.」

    The basic policy of balancing performance-linked dividends and stable dividends while strengthening retained earnings was maintained, and the annual dividend increased from ¥25 in the previous fiscal year to ¥50.
  11. FY2022-Q3RestatedAnnual report

    「26 May 2021 Annual General Meeting of Shareholders Common shares 1,098 25 28 February 2021 27 May 2021 Retained earnings」

    A year-end dividend of ¥25 per share, totaling ¥1,098 million, was paid, reconfirming payment under the dividend policy disclosed in the previous fiscal year.
  12. FY2022-Q2RestatedAnnual report

    「26 May 2021 Annual General Meeting of Shareholders Common shares 1,098 25 28 February 2021 27 May 2021 Retained earnings」

    A year-end dividend of ¥25 per share, totaling ¥1,098 million, was paid, reconfirming payment under the dividend policy disclosed in the previous fiscal year.
  13. FY2022-Q1RestatedAnnual report

    「26 May 2021 Annual General Meeting of Shareholders Common shares 1,098 25 28 February 2021 27 May 2021 Retained earnings」

    A year-end dividend of ¥25 per share, totaling ¥1,098 million, was paid, confirming payment under the dividend policy disclosed in the previous fiscal year.
  14. FY2021SoftenedAnnual report

    「For the 49th fiscal year (fiscal year ending February 2021), the annual ordinary dividend was set at ¥25 per share. The annual dividend for the previous fiscal year (fiscal year ending February 2020) was an ordinary dividend of ¥100 per share, but because a 2-for-1 stock split was conducted effective 1 March 2020, this corresponds to ¥50 per share after the stock split. Accordingly, the ¥25 ordinary dividend per share for the 49th fiscal year represents a ¥25 decrease from the previous fiscal year.」

    Although the policy of basing dividends on business performance while maintaining stable dividends was maintained, the annual dividend on a post-stock-split basis decreased from the equivalent of ¥50 in the previous fiscal year to ¥25.
  15. FY2021-Q1RestatedAnnual report

    「27 May 2020 Annual General Meeting of Shareholders Common shares 2,199 100 29 February 2020 28 May 2020 Retained earnings」

    A dividend of ¥100 per share, totaling ¥2,199 million, was paid, with no change indicated in the policy of balancing performance-linked dividends and stable dividends.
  16. FY2020RaisedAnnual report

    「For the 48th fiscal year (fiscal year ending February 2020), the annual ordinary dividend was increased by ¥15 per share from the previous fiscal year to ¥100.」

    The policy of balancing performance-linked dividends and stable dividends while strengthening retained earnings was maintained, and the annual dividend increased by ¥15 from ¥85 in the previous fiscal year to ¥100.
  17. FY2020-Q3RestatedAnnual report

    「29 May 2019 Annual General Meeting of Shareholders Common shares 1,869 85 28 February 2019 30 May 2019 Retained earnings」

    A dividend of ¥85 per share, totaling ¥1,869 million, was paid, with no change indicated in the policy of balancing performance-linked dividends and stable dividends.
  18. FY2020-Q2RestatedAnnual report

    「29 May 2019 Annual General Meeting of Shareholders Common shares 1,869 85 28 February 2019 30 May 2019 Retained earnings」

    A dividend of ¥85 per share, totaling ¥1,869 million, was paid, with no change indicated in the policy of balancing performance-linked dividends and stable dividends.
  19. FY2020-Q1RestatedAnnual report

    「Common shares 1,869 85 28 February 2019 30 May 2019 Retained earnings」

    A dividend of ¥85 per share, totaling ¥1,869 million, was paid, with no change indicated in the policy of balancing performance-linked dividends and stable dividends.
  20. FY2019RaisedAnnual report

    「For the 47th fiscal year (fiscal year ending February 2019), the annual ordinary dividend was increased by ¥10 per share from the previous fiscal year to ¥85.」

    The policy of balancing performance-linked dividends and stable dividends while strengthening retained earnings was maintained, and the annual dividend increased by ¥10 from ¥75 in the previous fiscal year to ¥85.
  21. FY2019-Q3RestatedAnnual report

    「23 May 2018 Annual General Meeting of Shareholders Common shares 1,649 75 28 February 2018 24 May 2018 Retained earnings」

    A dividend of ¥75 per share, totaling ¥1,649 million, was paid, with no change indicated in the policy of balancing performance-linked dividends and stable dividends.
  22. FY2019-Q2RestatedAnnual report

    「Cash used in financing activities totaled ¥2,896 million, primarily reflecting ¥585 million in repayments of long-term borrowings, ¥1,649 million in dividend payments and ¥407 million in repayments of installment liabilities.」

    An annual dividend of ¥75, totaling ¥1,649 million, was paid, with no change indicated in the policy of balancing performance-linked dividends and stable dividends.
  23. FY2019-Q1RestatedAnnual report

    「23 May 2018 Annual General Meeting of Shareholders Common shares 1,649 75 28 February 2018 24 May 2018 Retained earnings」

    An annual dividend of ¥75, totaling ¥1,649 million, was paid, with no change indicated in the policy of balancing performance-linked dividends and stable dividends.
  24. FY2018RaisedAnnual report

    「We generally determine dividends based on business performance, while also taking care to maintain stable dividends and considering the strengthening of our corporate foundation and the retention of sufficient internal reserves to prepare for proactive business expansion in the future. For the 46th fiscal year (fiscal year ending February 2018), the annual ordinary dividend was set at ¥75 per share.」

    The policy of balancing performance-linked dividends and stable dividends while strengthening retained earnings was maintained, and the annual dividend increased from ¥70 in the previous fiscal year to ¥75.
  25. FY2018-Q3RestatedAnnual report

    「24 May 2017 Annual General Meeting of Shareholders Common shares 1,539 70 28 February 2017 25 May 2017 Retained earnings」

    A year-end dividend of ¥70 per share, totaling ¥1,539 million, was paid, with no change indicated in the policy of balancing performance-linked dividends and stable dividends.
  26. FY2018-Q2RestatedAnnual report

    「Cash used in financing activities totaled ¥2,209 million, primarily reflecting ¥764 million in repayments of long-term borrowings, ¥1,539 million in dividend payments and ¥542 million in repayments of installment liabilities.」

    A dividend of ¥70 per share, totaling ¥1,539 million, was paid, with no change indicated in the dividend policy, including stable dividends.
  27. FY2018-Q1RestatedAnnual report

    「24 May 2017 Annual General Meeting of Shareholders Common shares 1,539 70 28 February 2017 25 May 2017 Retained earnings」

    A year-end dividend of ¥70 per share, totaling ¥1,539 million, was paid, with no change indicated in the policy of balancing performance-linked dividends and stable dividends.
  28. FY2017RestatedAnnual report

    「We generally determine dividends based on business performance, while also taking care to maintain stable dividends and considering the strengthening of our corporate foundation and the retention of sufficient internal reserves to prepare for proactive business expansion in the future. For the 45th fiscal year (fiscal year ending February 2017), the annual ordinary dividend was set at ¥70 per share, the same as in the previous fiscal year.」

    The basic policy of balancing performance-linked dividends and stable dividends while strengthening retained earnings was maintained, and the annual dividend was set at ¥70, unchanged from the previous fiscal year.
  29. FY2017-Q3RestatedAnnual report

    「Net assets increased by ¥1,183 million from the end of the previous consolidated fiscal year, despite the payment of ¥1,539 million in year-end dividends, due mainly to quarterly net income attributable to owners of the parent of ¥2,755 million.」

    A year-end dividend of ¥1,539 million was paid, with no change in the dividend policy indicated.
  30. FY2017-Q2RestatedAnnual report

    「25 May 2016 Annual General Meeting of Shareholders Common shares 1,539 70 29 February 2016 26 May 2016 Retained earnings」

    A year-end dividend of ¥70 per share, totaling ¥1,539 million, was paid, with no change indicated in the policy of balancing performance-linked dividends and stable dividends.
  31. FY2017-Q1RestatedAnnual report

    「Net assets decreased by ¥717 million from the end of the previous consolidated fiscal year, despite quarterly net income attributable to owners of the parent of ¥835 million, due mainly to the payment of ¥1,539 million in year-end dividends.」

    Year-end dividends of ¥1,539 million were paid, representing a dividend of ¥70 per share. No change in the dividend policy was disclosed.
  32. FY2016First statedAnnual report

    「We generally determine dividends based on business performance, while also taking care to maintain stable dividends and considering the strengthening of our corporate foundation and the retention of sufficient internal reserves to prepare for proactive business expansion in the future.」

    For the 44th fiscal year, the annual dividend was set at ¥70, an increase of ¥5 year on year, reflecting the importance placed on both dividends and retained earnings.
Moved together

"Unprofitable stores, store restructuring costs and impairment" moved the same way as this thread, in the same document, in 7 of its 36 moves.

755554★123456
  1. ★This thread
  2. 1Unprofitable stores, store restructuring costs and impairment7×
  3. 2Aggressive Opening of Apparel and General Merchandise Stores5×
  4. 3Expanding E-Commerce Sales Through Employee Training and an In-House Influencer Program5×
  5. 4Resource allocation to new growth areas, including M&A5×
  6. 5Tenant Store Openings and the Recovery Risk for Security Deposits5×
  7. 6Improving Product Freshness through Merchandising Reform and Agile Product Launches4×

★ 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 PAL GROUP Holdings yet. It last moved in the General Meetings of Shareholders of 2026-05-11: "Restated".
News
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Balancing Earnings-Linked Dividends with Stable Payouts | PAL GROUP Holdings CO.,LTD (2726) | Komori