Dividend burden, common-share dilution and redemption outlays associated with Class B shares
First written in FY2019-Q2. 3 of 5 entries say "Mitigated", first in FY2020-Q1. Latest entry: FY2023.
1 other company's latest entry also says "Mitigated".
- FY2023MitigatedAnnual report
「The dividend on the Class B Shares was set at ¥23,740 per share.」
As the number of outstanding Class B Shares decreased, total preferred dividends on the Class B Shares for the current fiscal year fell to ¥22 million from ¥41 million in the previous fiscal year. - FY2023-Q1MitigatedAnnual report
「Class B Shares ¥41 million ¥23,740」
The total dividends on Class B Shares reported for the current quarter were ¥41 million, down from ¥60 million in the same quarter of the previous year. The reduction in the dividend burden following the partial acquisition and cancellation of Class B Shares is continuing. - FY2020-Q1MitigatedAnnual report
「Class B Shares ¥60 million ¥23,740」
The total dividends on Class B Shares reported for the current quarter were ¥60 million, down from ¥136 million in the same quarter of the previous year. The filing indicates that the future dividend burden has been partially reduced following the partial acquisition and cancellation of Class B Shares. - FY2019-Q3RestatedAnnual report
「These measures are intended to address the Company's medium- to long-term financial issues, including the future dividend burden associated with the Class B Shares, dilution of common shares and substantial cash outlays at times not intended by the Company.」
The Company identified future dividend payments associated with the Class B Shares, dilution of common shares and substantial outlays at unexpected times as financial issues, and plans to acquire and cancel a portion of the shares as a response. - FY2019-Q2First statedAnnual report
「These measures are intended to address the Company's medium- to long-term financial issues, including the future dividend burden associated with the Class B Shares, dilution of common shares and substantial cash outlays at times not intended by the Company.」
The Company identified future dividend payments associated with the Class B Shares, dilution of common shares and substantial cash outlays at unexpected times as medium- to long-term financial issues, and resolved to acquire and cancel a portion of the shares as a response.