Policy of prioritizing retained earnings and considering future dividends
First written in FY2016. 5 of 8 entries say "Restated". Latest entry: FY2026-H1.
72 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「1. Dividends paid Not applicable.」
No dividends were paid during the interim consolidated accounting period, and the non-dividend status continued. - FY2025RestatedAnnual report
「The Company recognizes the return of profits to shareholders as an important management issue. Its basic policy is to secure and expand profits through sound corporate activities, retain earnings to prepare for future business development based on stable earnings, and return a portion of those earnings to shareholders as dividends. As a basic rule, dividends will be paid when consolidated ordinary profit of at least ¥300 million is achieved.」
The Company has reconfirmed its policy of making consolidated ordinary profit of at least ¥300 million the basic condition for paying dividends and returning profits while maintaining a balance with retained earnings. No dividends were paid in the current fiscal year, and consolidated ordinary profit was ¥178 million. - FY2025-H1RestatedAnnual report
「Dividend payments Not applicable」
No dividends were paid during the current interim consolidated accounting period, and the Company remains without a dividend. - FY2023SoftenedAnnual report
「The Company recognizes the return of profits to shareholders as an important management issue. Its basic policy is to secure and expand profits through sound corporate activities, retain earnings to prepare for future business development based on stable earnings, and return a portion of those earnings to shareholders as dividends. As a basic rule, dividends will be paid when consolidated ordinary profit of at least ¥300 million is achieved.」
The Company has changed from a policy of considering future dividends to explicitly stating that achieving consolidated ordinary profit of at least ¥300 million is the basic condition for paying dividends. The dividend per share for the current fiscal year is “－”. - FY2023-Q1Payment of a year-end dividendAnnual report
「The main factors were the recording of a ¥45 million quarterly net loss attributable to owners of the parent, a ¥118 million decrease in retained earnings due to the year-end dividend paid to shareholders, and a ¥20 million decrease in the foreign currency translation adjustment account.」
The disclosure has changed from the previous policy of paying no dividends to stating that a year-end dividend was paid to shareholders. Total dividends were ¥73.057 million, and the dividend per share was ¥9.00. - FY2020RestatedAnnual report
「The Company has not paid dividends since its establishment, including for the current fiscal year. However, it recognizes the maximization of shareholder returns as one of its important management objectives. With regard to future dividends of surplus to shareholders, the Company plans to consider them comprehensively, taking into account trends in business performance, its financial position, future business and investment plans, and other factors, while maintaining a balance with retained earnings. At present, however, the feasibility and timing of such payments remain undecided.」
The Company has reconfirmed its policy of continuing to pay no dividends and considering future dividends while prioritizing the strengthening of its financial position and business investment. - FY2018RestatedAnnual report
「The Company has not paid dividends since its establishment, including for the current fiscal year. However, it recognizes the maximization of shareholder returns as one of its important management objectives. With regard to future dividends of surplus to shareholders, the Company plans to consider them comprehensively, taking into account trends in business performance, its financial position, future business and investment plans, and other factors, while maintaining a balance with retained earnings. At present, however, the feasibility and timing of such payments remain undecided.」
The Company has reconfirmed its policy of continuing to pay no dividends and considering future dividends while prioritizing retained earnings and business investment. - FY2016First statedAnnual report
「The Company has not paid dividends since its establishment, including for the current fiscal year. However, it recognizes the maximization of shareholder returns as one of its important management objectives. With regard to future dividends of surplus to shareholders, the Company plans to consider them comprehensively, taking into account trends in business performance, its financial position, future business and investment plans, and other factors, while maintaining a balance with retained earnings. At present, however, the feasibility and timing of such payments remain undecided.」
The Company has continued to pay no dividends through the current period and has indicated a policy of considering future dividends while prioritizing the strengthening of its financial position and business investment.