Stable Dividend Policy and No Dividend for the Current Fiscal Year
First written in FY2017. 6 of 21 entries say "Restated". Latest entry: FY2027-H1.
Palemo Holdings moved to the "Worse" side of this theme in 2021.
The whole theme swung hardest in 2021: 2 of 6 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「14 May 2026 Annual General Meeting of Shareholders Class A preferred shares 14,575 55,000 20 February 2026 15 May 2026 Capital surplus」
Preferred dividends on Class A preferred shares totaled ¥14.575 million, or ¥55,000 per share. This was at the same level as in the previous fiscal year, and preferred dividends have continued alongside the policy of paying no dividends on common shares. - FY2026-H1RestatedAnnual report
「15 May 2025 Annual General Meeting of Shareholders Class A preferred shares 14,575 55,000 20 February 2025 16 May 2025 Capital surplus」
Alongside the no-dividend policy for common shares, the company paid a preferred dividend on Class A preferred shares from capital surplus on 16 May 2025, totaling ¥14.575 million, or ¥55,000 per share. This was the same dividend level as in the previous fiscal year. - FY2025Continued no dividend on common shares and preferred dividends on Class A preferred sharesAnnual report
「However, for the current consolidated fiscal year, we determined that priority should be given to restoring a sound financial position and, as stated in the Consolidated Financial Results for the Fiscal Year Ended February 2025 (Japanese GAAP), disclosed on 28 March 2025, we regret that we have decided not to pay a dividend. We will work to achieve sustained business growth and pay stable dividends to shareholders as soon as possible. With respect to Class A preferred shares, we will pay a dividend of ¥14.575 million to NISHIMATSUYA CHAIN Co.,Ltd.」
The company plans to pay no dividend on common shares while prioritizing the restoration of a sound financial position, while paying a preferred dividend of ¥14.575 million on Class A preferred shares to NISHIMATSUYA CHAIN Co.,Ltd. - FY2025-H1Payment of a preferred dividend on Class A preferred sharesAnnual report
「16 May 2024 Annual General Meeting of Shareholders Class A preferred shares 14,575 55,000 20 February 2024 17 May 2024 Capital surplus」
Separate from the no-dividend policy for common shares, the company disclosed that it paid a preferred dividend on Class A preferred shares of ¥14.575 million in total, or ¥55,000 per share, on 17 May 2024. - FY2024RestatedAnnual report
「However, for the current consolidated fiscal year, we determined that priority should be given to restoring a sound financial position and, as stated in the Consolidated Financial Results for the Fiscal Year Ended February 2024 (Japanese GAAP), disclosed on 29 March 2024, we regret that we have decided not to pay a dividend. We will work to achieve sustained business growth and pay stable dividends to shareholders as soon as possible.」
The company paid no dividend on common shares for the current fiscal year, prioritizing the restoration of a sound financial position. It plans to pay a preferred dividend on Class A preferred shares of ¥55,000 per share, totaling ¥14.575 million. - FY2024-Q3RestatedAnnual report
「18 May 2023 Annual General Meeting of Shareholders Class A preferred shares 14,575 55,000 20 February 2023 19 May 2023 Capital surplus」
The company also disclosed during the quarter that it paid a preferred dividend on Class A preferred shares from capital surplus, totaling ¥14.575 million, or ¥55,000 per share. - FY2024-Q1Payment of a preferred dividend on Class A preferred sharesAnnual report
「18 May 2023 Annual General Meeting of Shareholders Class A preferred shares 14,575 55,000 20 February 2023 19 May 2023 Capital surplus」
Separate from the dividend policy and payments for common shares, the company paid a preferred dividend on Class A preferred shares from capital surplus, totaling ¥14.575 million, or ¥55,000 per share. - FY2022SoftenedAnnual report
「Our basic policy on profit allocation is to implement a flexible dividend policy based on a comprehensive assessment of the balance between investment for future business expansion and securing retained earnings to strengthen our financial position. However, as profits for the current consolidated fiscal year fell below the initial assumption and the previous year's results, we regret that we have decided not to pay a dividend.」
While retaining its stable dividend policy, the company made its dividend policy more flexible based on the balance between investment and retained earnings, and paid no dividend for the current fiscal year. - FY2021SoftenedAnnual report
「However, as stated in the notice dated 12 February 2021 concerning revisions to the consolidated earnings and dividend forecasts, including no dividend, and the non-payment of executive bonuses, profits for the current consolidated fiscal year fell below the initial assumption and the previous year's results, and we regret that we have decided not to pay a dividend.」
The company paid a dividend of ¥6 per share through the previous fiscal year, but paid no dividend for the current fiscal year because profitability deteriorated. Although the statement of aiming to resume stable dividends at an early date remains, the implementation policy has weakened. - FY2021-Q1Cited as achievedAnnual report
「14 May 2020 Annual General Meeting of Shareholders Common shares 72,246 6 20 February 2020 15 May 2020 Retained earnings」
The company disclosed that it paid a dividend of ¥6 per share for the previous fiscal year, totaling ¥72.246 million, with 15 May 2020 as the effective date. - FY2020-Q3Cited as achievedAnnual report
「27 September 2019 Board of Directors Common shares 72,247 6 20 August 2019 1 November 2019 Retained earnings」
The company disclosed that it paid an interim dividend of ¥6 per share, totaling ¥72.247 million, for the fiscal year, with 1 November 2019 as the effective date. - FY2020-Q2AdvancedAnnual report
「27 September 2019 Board of Directors Common shares 72,247 6 20 August 2019 1 November 2019 Retained earnings」
The company resolved to pay an interim dividend of ¥6 per share, totaling ¥72.247 million, for the fiscal year. The dividend increased from ¥3 per share for the previous fiscal year's interim dividend. - FY2020-Q1Cited as achievedAnnual report
「16 May 2019 Annual General Meeting of Shareholders Common shares 72,248 6 20 February 2019 17 May 2019 Retained earnings」
The company disclosed that it paid an annual dividend of ¥6 per share for the previous fiscal year, totaling ¥72.248 million. - FY2019AdvancedAnnual report
「Under this policy, we paid an interim dividend of ¥3 per share for the fiscal year and a year-end dividend of ¥6 per share, including a commemorative dividend of ¥3 per share marking the transfer to the Second Section of the Tokyo Stock Exchange and the listing on the Second Section of the Nagoya Stock Exchange.」
In addition to the ¥3 interim dividend, the company paid a year-end dividend of ¥6 per share, increasing the annual dividend from ¥3 per share in the previous fiscal year. The year-end dividend included a ¥3 commemorative dividend for the market transfer and Nagoya Stock Exchange listing. - FY2019-Q2AdvancedAnnual report
「Regarding the interim dividend for the 34th fiscal year, from 21 February 2018 to 20 February 2019, the Board of Directors resolved at its meeting held on 28 September 2018 to pay an interim dividend as follows to shareholders recorded in the shareholder register as of 20 August 2018.」
At a Board of Directors meeting held on 28 September 2018, the company resolved to pay an interim dividend of ¥3 per share, totaling ¥36.125 million, with 1 November 2018 as the effective date and payment start date. - FY2019-Q1Cited as achievedAnnual report
「Total dividends: 36,126 Dividend per share: 3 Record date: 20 February 2018 Effective date: 18 May 2018 Source of dividends: Retained earnings」
The company disclosed that the ¥3-per-share year-end dividend decided for the previous fiscal year was paid in a total amount of ¥36.126 million, with 18 May 2018 as the effective date. - FY2018AchievedAnnual report
「Under this policy, we paid a year-end dividend of ¥3 per share for the fiscal year, the first such payment in 3 fiscal years. We intend to continue paying stable dividends going forward.」
The company paid a year-end dividend of ¥3 per share for the first time in 3 fiscal years, documenting the resumption of dividends after the period of no dividends. It also reconfirmed its policy of continuing stable dividends. - FY2018-Q1AdvancedAnnual report
「The company reduced the amounts of its stated capital and capital reserve pursuant to Article 447, Paragraph 1 and Article 448, Paragraph 1 of the Companies Act, and then disposed of surplus pursuant to Article 452 of the same Act, in order to offset the existing deficit in retained earnings, promptly restore the soundness of its financial structure, secure flexibility and agility in its future capital policy, and establish the conditions for an early resumption of dividends.」
Measures including the elimination of accumulated deficits, intended to enable the resumption of dividends after the period of no dividends, progressed to shareholder approval, marking procedural progress toward realizing the stable dividend policy. - FY2017First statedAnnual report
「Our basic policy on profit allocation is to pursue appropriate profit allocation while maintaining stable dividends over the long term. Under this policy, although we recorded net income of ¥324 million for the fiscal year, retained earnings were negative ¥254 million, and therefore no annual dividend was paid.」
The company maintained a basic policy of stable long-term dividends, but paid no dividend for the fiscal year because retained earnings were negative.