Balancing stable dividends with retained earnings and growth investment
First written in FY2016. 6 of 16 entries say "Restated". Latest entry: 2026-10-15.
Happiness and D moved to the "Worse" side of this theme in 2025, 2 years after the typical company in this theme (2023).
13 other companies' latest entry also says "Softened".
- FY2026-H1SoftenedAnnual report
「There were no applicable dividend payments during the interim consolidated accounting period.」
Despite its previous policy of paying dividends twice a year and setting an annual dividend of ¥15 per share as the minimum, the company did not pay a dividend for the interim period under review. - FY2025SoftenedAnnual report
「Because the fiscal year ending August 2025 resulted in a net loss attributable to owners of the parent and was extremely challenging, the Company regrettably decided not to pay a year-end dividend from retained earnings.」
The company had maintained its previous policy of a dividend payout ratio of approximately 30% and an annual dividend of ¥15 per share as the minimum, but suspended the year-end dividend due to deteriorating earnings. - FY2024RestatedAnnual report
「The company sets its dividend payout ratio at approximately 30% while comprehensively considering future business development, earnings prospects and other factors. However, except during periods of significantly depressed earnings caused by a sharp deterioration in the business environment, the annual dividend will be no less than ¥15 per share.」
The company maintained its policy of a dividend payout ratio of approximately 30%, an annual dividend of ¥15 per share as the minimum and dividend payments twice a year, and paid an annual dividend of ¥15 per share for the fiscal year ending August 2024. - FY2024-Q2RestatedAnnual report
「At the Board of Directors meeting held on 12 April 2024, the company resolved the following regarding the interim dividend for the current fiscal year.」
The company has reaffirmed that it resolved to pay an interim dividend for the fiscal year in line with its policy of paying dividends twice a year. - FY2023-Q2RestatedAnnual report
「At the Board of Directors meeting held on 12 April 2023, the following resolution was passed concerning the interim dividend for the fiscal year: (a) Total dividends………………………………………¥19.051 million (b) Dividend per share…………………………………¥7.50」
In line with its policy of paying dividends twice a year, the company resolved to pay an interim dividend of ¥7.50 per share for the fiscal year. - FY2022-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 12 April 2022, the company resolved the following with respect to the interim dividend for the fiscal year.」
The company has reaffirmed that the Board of Directors resolved an interim dividend in line with its policy of paying dividends twice a year. - FY2021RestatedAnnual report
「The company will gradually raise its dividend payout ratio to approximately 30% while comprehensively considering future business development, earnings prospects and other factors. However, except during periods of significantly depressed earnings caused by a sharp deterioration in the business environment, the annual dividend will be no less than ¥15 per share. The company's basic policy is also to pay dividends from retained earnings twice a year, at the interim and fiscal year-end periods.」
The company has maintained its policy of gradually raising the dividend payout ratio to approximately 30% and setting an annual dividend of ¥15 per share as the minimum, and has confirmed its basic policy of paying dividends twice a year for the full fiscal year. - FY2021-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 30 March 2021, the company resolved the following with respect to the interim dividend for the fiscal year: (a) Total dividends: ¥21.667 million; (b) Dividend per share: ¥8.50; (c) Effective date of claims for payment and payment commencement date: 10 May 2021.」
The Board of Directors resolved to pay an interim dividend of ¥8.50 per share under the policy of introducing interim dividends from the fiscal year ending August 2021. - FY2020RaisedAnnual report
「To expand opportunities for returning profits to shareholders, the company began paying interim dividends from the fiscal year ending August 2021. Its articles of incorporation provide that the company may pay interim dividends by resolution of the Board of Directors, with the last day of February each year as the record date.」
While maintaining its policies on stable dividends, retained earnings and growth investment, the company introduced interim dividends from the fiscal year ending August 2021, expanding opportunities to return profits to shareholders. - FY2018RaisedAnnual report
「The company will gradually raise its dividend payout ratio to approximately 30% while comprehensively considering future business development, earnings prospects and other factors. However, except during periods of significantly depressed earnings caused by a sharp deterioration in the business environment, the annual dividend will be no less than ¥15 per share.」
In addition to its existing stable dividend policy, the company has specified a policy of gradually raising the dividend payout ratio to approximately 30% and setting an annual dividend of ¥15 per share as the minimum. - FY2017RestatedAnnual report
「While making stable, ongoing dividends its basic policy, the company will secure the retained earnings necessary to strengthen its management base and fund capital investment, including new store openings, and will determine the specific dividend amount after comprehensively considering future business development, earnings prospects, the dividend payout ratio and other factors.」
The company has reaffirmed its policy of balancing stable dividends with retained earnings and growth investment to strengthen its management base and fund new store openings and other initiatives. - FY2016First statedAnnual report
「While making stable, ongoing dividends its basic policy, the company will secure the retained earnings necessary to strengthen its management base and fund capital investment, including new store openings, and will determine the specific dividend amount after comprehensively considering future business development, earnings prospects, the dividend payout ratio and other factors.」
The company has set out a dividend policy of maintaining stable dividends while also securing the retained earnings necessary to strengthen its management base and fund investment in new store openings and other initiatives.