Prioritizing Retained Earnings and Future Shareholder Returns
First written in FY2016. 10 of 18 entries say "Restated". Latest entry: 2026-08-14.
74 other companies' latest entry also says "Restated".
- 2026-08-14RestatedEarnings presentation
「Growth investment and preferred-share redemption take priority; no common dividend has been paid to date. The policy remains unchanged.」
The policy of prioritizing growth investment and preferred-share redemption while paying no dividend to common shareholders is reiterated. - FY2026Preferred dividends increase furtherAnnual report
「In the current fiscal year, based on our financial position at the end of the period, we regret that we will continue to pay no dividends on common shares. Preferred dividends will be paid in accordance with the prescribed method established when the preferred shares were issued.」
While continuing to pay no dividends on common shares, preferred dividends of ¥109.251 million on Class A preferred shares and ¥19.009 million on Class B preferred shares were paid. These amounts increased from ¥79.812 million and ¥13.887 million, respectively, in the previous fiscal year. - FY2024Preferred dividends increase while common shares remain non-dividend-payingAnnual report
「In the current fiscal year, based on our financial position at the end of the period, we regret that we will continue to pay no dividends on common shares. Preferred dividends will be paid in accordance with the prescribed method established when the preferred shares were issued.」
It states that, while continuing to pay no dividends on common shares, preferred dividends of ¥79.812 million on Class A preferred shares and ¥13.887 million on Class B preferred shares will be paid. - FY2024-Q1RestatedAnnual report
「27 June 2023 Annual General Meeting of Shareholders Class A preferred shares 11,073 11,073.25 27 June 2023 Annual General Meeting of Shareholders Class B preferred shares 1,926 6,422.49」
There is no statement that the dividend policy for common shares was changed; dividends of ¥11.073 million on Class A preferred shares and ¥1.926 million on Class B preferred shares were paid from capital surplus. - FY2023Common shares remain non-dividend-paying while preferred shares receive dividendsAnnual report
「In the current fiscal year, based on our financial position at the end of the period, we regret that we will continue to pay no dividends on common shares. Preferred dividends will be paid in accordance with the prescribed method established when the preferred shares were issued.」
It states the policy and results of continuing to pay no dividends on common shares while paying preferred dividends of ¥11.073 million on Class A preferred shares and ¥1.926 million on Class B preferred shares. - FY2023-Q2RestatedAnnual report
「28 June 2022 Annual General Meeting of Shareholders Class A preferred shares 50,410 50,410.96 28 June 2022 Annual General Meeting of Shareholders Class B preferred shares 8,843 29,476.71」
The fact that dividends of ¥50.410 million were paid on Class A preferred shares and ¥8.843 million on Class B preferred shares is reiterated. - FY2023-Q1Payment of dividends on preferred sharesAnnual report
「28 June 2022 Annual General Meeting of Shareholders Class A preferred shares 50,410 50,410.96 28 June 2022 Annual General Meeting of Shareholders Class B preferred shares 8,843 29,476.71」
Although this does not state that the dividend policy for common shares was changed, dividends of ¥50.410 million were paid on Class A preferred shares and ¥8.843 million on Class B preferred shares. - FY2021RestatedAnnual report
「We regard the return of profits to shareholders as an important management issue and will determine our shareholder return policy after considering retained earnings for expanding the scale of our business through new store openings and expanded production facilities, strengthening our management base, business performance and financial position, among other factors.」
The company continues its policy of determining the allocation of retained earnings, business expansion, strengthening the financial base and shareholder returns in light of business performance and the financial position. No dividends have been paid since establishment, and the specific timing of implementation remains undecided. - FY2019ReframedAnnual report
「We regard the return of profits to shareholders as an important management issue and will determine our shareholder return policy after considering retained earnings for expanding the scale of our business through new store openings and expanded production facilities, strengthening our management base, business performance and financial position, among other factors.」
The wording has been revised from the previous explanation centered on prioritizing retained earnings to a policy of determining business expansion, strengthening the financial base and shareholder returns in light of business performance and the financial position. However, no dividends have been paid since establishment, and the specific timing of implementation remains undecided. - FY2019-Q3RestatedAnnual report
「Dividend payments: Not applicable.」
It states that no dividends were paid during the cumulative third quarter of the consolidated fiscal year. - FY2018RestatedAnnual report
「We have prioritized strengthening retained earnings to expand the scale of our business through new store openings and reinforce our financial base, and have not paid dividends since our establishment.」
The company reconfirmed its policy of paying no dividends since establishment, while prioritizing retained earnings for new store openings and strengthening its financial base. - FY2018-Q3RestatedAnnual report
「Dividend payments: Not applicable.」
It states that no dividends were paid during the cumulative third quarter. - FY2017RestatedAnnual report
「Although we have consistently reported net income, we have prioritized strengthening retained earnings to expand the scale of our business through new store openings and reinforce our financial base, and have not paid dividends since our establishment.」
Retained earnings were prioritized for new store openings and strengthening the financial base, and no dividend was paid again in the current fiscal year. The specific form and timing of shareholder returns remain undecided. - FY2016First statedAnnual report
「Although we have consistently reported net income, we have prioritized strengthening retained earnings to expand the scale of our business through new store openings and reinforce our financial base, and have not paid dividends since our establishment.」
The company has prioritized new store openings, expansion of production facilities and strengthening its financial base, while the specific details and timing of dividends remain undecided.