Shareholder Return Policy Balancing Retained Earnings and Stable Dividends
First written in FY2017. 5 of 13 entries say "Restated". Latest entry: FY2026.
Chimney moved to the "Worse" side of this theme in 2021, 4 years before the typical company in this theme (2025).
13 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「The annual dividend for the fiscal year ended March 2026 was ¥10.00 per share. The annual dividend for the fiscal year ending March 2027 is expected to be ¥5.00 per share, comprising an interim dividend of ¥2.00 and a year-end dividend of ¥3.00.」
Under its basic policy of prioritizing retained earnings and its financial foundation, the Company has reduced its annual dividend forecast for the fiscal year ending March 2027 to ¥5, from ¥10 for the fiscal year ended March 2026. - FY2025RestatedAnnual report
「The annual dividend for the fiscal year ended March 2025 was ¥10.00 per share. The annual dividend for the fiscal year ending March 2026 is expected to be ¥10.00 per share, comprising an interim dividend of ¥5.00 and a year-end dividend of ¥5.00.」
While prioritizing retained earnings and its financial foundation, the Company paid an annual dividend of ¥10 for the fiscal year ended March 2025 and plans to pay ¥10 for the fiscal year ending March 2026. - FY2024Resumed the year-end dividend and raised the dividend forecast for the next fiscal yearAnnual report
「The Company regards returning profits to shareholders as one of its important management priorities. Its basic policy is to strengthen earning capacity, secure retained earnings to support future business development and strengthen its financial foundation, and pay stable dividends. With respect to profit allocation, we intend to provide appropriate returns to shareholders while comprehensively considering business trends, the accumulation of retained earnings, financial soundness and other factors. The annual dividend for the fiscal year ended March 2024 was ¥5.00 per share. The annual dividend for the fiscal year ending March 2025 is expected to be ¥10.00 per share, comprising an interim dividend of ¥5.00 and a year-end dividend of ¥5.00.」
While maintaining its basic policy of prioritizing retained earnings and its financial foundation, the Company paid ¥5 per share for the fiscal year ended March 2024 and plans to pay ¥10 for the fiscal year ending March 2025. - FY2024-Q2RestatedAnnual report
「Regarding the interim dividend for the 16th fiscal year, from 1 April 2023 to 31 March 2024, the Board of Directors resolved at its meeting held on 9 November 2023 not to pay an interim dividend.」
Amid a policy of curbing shareholder returns and prioritizing cash on hand and the financial foundation, the Company reaffirmed its resolution to withhold the interim dividend for the 16th fiscal year. - FY2023SoftenedAnnual report
「In these circumstances, we believe it is important to secure cash on hand and build up retained earnings to ensure stable management going forward, and intend to pay no dividend for the fiscal year ending March 2023. Accordingly, the annual dividend for the fiscal year ending March 2023 will be zero. In light of the uncertain outlook, the dividend forecast for the fiscal year ending March 2024 remains undecided.」
The Company paid no dividend for the fiscal year ended March 2023 and left the dividend forecast for the fiscal year ending March 2024 undecided. It continues to prioritize securing cash on hand and retained earnings in its shareholder return policy. - FY2023-Q2SoftenedAnnual report
「Regarding the interim dividend for the 15th fiscal year, from 1 April 2022 to 31 March 2023, the Board of Directors resolved at its meeting held on 10 November 2022 not to pay an interim dividend.」
After resuming its year-end dividend for the fiscal year ended March 2022, the Company resolved not to pay an interim dividend for the fiscal year ending March 2023, thereby limiting the specific scope of shareholder returns. - FY2022Resumed the year-end dividend and left the dividend forecast for the next fiscal year undecidedAnnual report
「Although we had forecast no year-end dividend for the fiscal year ended March 2022, after comprehensively considering recent business trends and other factors, we have decided to pay a dividend. Accordingly, the annual dividend for the fiscal year ended March 2022 will be ¥10.00 per share, comprising an interim dividend of ¥0.00 and a year-end dividend of ¥10.00. In light of the uncertain outlook, the dividend forecast for the fiscal year ending March 2023 remains undecided.」
The Company resumed its year-end dividend for the fiscal year ended March 2022 after having planned no dividend for the previous fiscal year. Meanwhile, the dividend forecast for the fiscal year ending March 2023 remains undecided. - FY2021SoftenedAnnual report
「In these circumstances, we believe it is important to secure cash on hand and build up retained earnings to ensure stable management going forward. Accordingly, we paid no dividend for the fiscal year ended March 2021. We also plan to withhold dividends for the fiscal year ending March 2022 in order to secure cash on hand and strengthen our financial foundation.」
The Company is curbing shareholder returns by paying no dividend for the fiscal year ended March 2021 and planning to withhold dividends for the fiscal year ending March 2022, in line with its policy of balancing retained earnings with stable dividends. - FY2019RestatedAnnual report
「We regard returning profits to shareholders as one of our important management priorities. Our basic policy is to strengthen our earnings capacity, secure retained earnings for future business development and to strengthen our management foundation, and pay dividends after taking into account our business and financial foundations.」
The Company continues its policy of paying stable dividends while securing retained earnings and taking its business and financial foundations into account. - FY2018RestatedAnnual report
「We regard returning profits to shareholders as one of our important management priorities. Our basic policy is to strengthen our earnings capacity, secure retained earnings for future business development and to strengthen our management foundation, and pay dividends after taking into account our business and financial foundations.」
Continues the basic policy of paying dividends after securing retained earnings and taking into account the business and financial foundations. - FY2017First statedAnnual report
「We regard returning profits to shareholders as one of our important management priorities. Our basic policy is to strengthen our earnings capacity, secure retained earnings for future business development and to strengthen our management foundation, and pay dividends after taking into account our business and financial foundations.」
Describes the basic policy of treating shareholder returns as an important priority, securing retained earnings for future business development and to strengthen the management foundation, and paying dividends.