Balancing Growth Investment with Shareholder Returns and Retained Earnings
First written in FY2016. 8 of 21 entries say "Restated". Latest entry: FY2026.
SLD Entertainment moved to the "Worse" side of this theme in 2018, 4 years before the typical company in this theme (2022).
63 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Although the Company recorded net income for the fiscal year, it regrettably decided not to pay a dividend on common shares after considering the condition of retained earnings. All employees will continue to work even harder to improve results with the aim of paying dividends at an early date. Dividends of the prescribed amount will be paid on the Class A shares in accordance with the terms for the issuance of class shares established at the time of issuance.」
Although the Company recorded net income for the fiscal year, it did not pay a dividend on common shares and continued its policy of aiming to resume dividends at an early date. Meanwhile, the prescribed dividend continues to be paid on Class A shares. - FY2026-H1RestatedAnnual report
「At a meeting of the Board of Directors held on 18 April 2025, the Company resolved to pay a year-end dividend to shareholders listed on the shareholder register as of 28 February 2025, as follows: Class A shares ① Total dividend: ¥32 million ② Dividend per share: ¥32,000.00 ③ Effective date of the right to demand payment and payment commencement date: 29 May 2025」
While no dividend is paid on common shares, the structure providing for a dividend on Class A shares totaling ¥32 million, or ¥32,000 per share, continues. - FY2025Continued No Dividend on Common Shares and Dividend on Class A SharesAnnual report
「Although the Company recorded net income for the fiscal year, it regrettably decided not to pay a dividend on common shares after considering the condition of retained earnings. All employees will continue to work even harder to improve results with the aim of paying dividends at an early date. Dividends of the prescribed amount will be paid on the Class A shares in accordance with the terms for the issuance of class shares established at the time of issuance.」
Although the Company recorded net income of ¥143 million, it did not pay a dividend on common shares and continued its policy of aiming to resume common share dividends at an early date. The structure providing for the prescribed dividend on Class A shares also continues. - FY2025-Q1Payment of Dividend on Class A SharesAnnual report
「At a meeting of the Board of Directors held on 18 April 2024, the Company resolved to pay a year-end dividend to shareholders recorded on the shareholder register as of 29 February 2024, as follows: ① Total dividend: ¥32,000 thousand ② Dividend per share: Class A shares, ¥32,000.00 ③ Effective date: 29 May 2024」
While no dividend was paid on common shares, a dividend on Class A shares totaling ¥32 million, or ¥32,000 per share, was paid on 29 May 2024. - FY2024-Q1Payment of Dividend on Class A SharesAnnual report
「At a meeting of the Board of Directors held on 20 April 2023, the Company resolved to pay a year-end dividend to shareholders recorded on the shareholder register as of 28 February 2023, as follows: ① Total dividend: ¥32,000 thousand ② Dividend per share: Class A shares, ¥32,000.00 ③ Effective date: 30 May 2023」
The year-end dividend on Class A shares resolved for FY2023 totaled ¥32 million, or ¥32,000 per share, and was paid on 30 May 2023. No dividend continued to be paid on common shares. - FY2023Resolution to Pay the Following Year's Dividend on Class A SharesAnnual report
「Because the Company recorded a substantial operating loss for the fiscal year due to the impact of the novel coronavirus disease, it regrettably decided not to pay a dividend on common shares. All employees will continue to work even harder to improve results with the aim of resuming dividends at an early date. Dividends of the prescribed amount will be paid on the Class A shares in accordance with the terms for the issuance of class shares established at the time of issuance.」
While continuing not to pay a dividend on common shares and maintaining its policy of resuming dividends at an early date, the Company resolved on 20 April 2023 to pay a dividend of ¥32,000 per Class A share, totaling ¥32 million. - FY2023-Q1Payment of Dividend on Class A SharesAnnual report
「22 April 2022 Board of Directors Class A shares 87 87.67 28 February 2022 27 May 2022 Retained earnings」
While no dividend was paid on common shares, a dividend of ¥87.67 per Class A share, totaling ¥87,000, was paid on 27 May 2022. - FY2022Additional Dividend on Class A SharesAnnual report
「Because the Company recorded a substantial operating loss for the fiscal year due to the impact of the novel coronavirus disease, it regrettably decided not to pay a dividend on common shares. All employees will continue to work even harder to improve results with the aim of resuming dividends at an early date. Dividends of the prescribed amount will be paid on the Class A shares in accordance with the terms for the issuance of class shares established at the time of issuance.」
While the policy of paying no dividend on common shares and resuming dividends at an early date continues, the structure now includes the payment of the prescribed preferred dividend on the Class A shares issued through a debt-equity swap. - FY2021RestatedAnnual report
「The Company recorded a substantial net loss for the fiscal year due to the impact of the novel coronavirus disease, and regrettably decided not to pay a year-end dividend. All employees will continue to work even harder to improve results with the aim of resuming dividend payments at an early date.」
While maintaining its basic policy on profit distribution, the Company paid no dividend because of the substantial net loss and continues to target the resumption of dividends at an early date. - FY2021-Q2AdvancedAnnual report
「Pursuant to a resolution of the 17th Annual General Meeting of Shareholders held on 26 May 2020, the Company reduced stated capital by ¥323.875 million as of 15 July 2020 under Article 447, paragraph 1 of the Companies Act and transferred the amount to other capital surplus. On the same date, under Article 452 of the Companies Act, it reduced other capital surplus by the full amount of ¥323.875 million, transferred it to retained earnings, and offset the deficit.」
The Company reduced stated capital and capital surplus as of 15 July 2020 to offset the deficit in retained earnings, carrying out a capital reorganisation aimed at establishing a framework for resuming dividends at an early date. - FY2020AdvancedAnnual report
「The Company decided to reduce stated capital and dispose of retained earnings in order to offset the deficit in retained earnings currently arising, improve its financial condition, establish a framework for resuming dividends at an early date, and enable flexible capital policies going forward.」
While dividends remained suspended, the Company reduced stated capital by ¥323,875,802 to eliminate the accumulated deficit in full and resolved and approved a capital reorganisation to establish a framework for resuming dividends at an early date. - FY2019SoftenedAnnual report
「Although the Company recorded net income for the fiscal year, it regrettably decided not to pay a year-end dividend after considering the condition of retained earnings. All employees will continue to work even harder to improve results with the aim of resuming dividend payments at an early date.」
Although the Company recorded net income of ¥21 million, it did not pay a dividend for the second consecutive fiscal year, and the resumption of dividends remains a future objective. - FY2018SoftenedAnnual report
「With respect to the dividend from retained earnings for the fiscal year, the Company regrettably paid no dividend because it recorded a substantial net loss. All employees will continue to work even harder to improve results with the aim of resuming dividend payments at an early date.」
The basic policy on profit distribution has been maintained, but no dividend was paid for the fiscal year because of the substantial net loss, and the Company began expressing its aim of resuming dividends at an early date. - FY2018-Q2Dividend paidAnnual report
「At a meeting of the Board of Directors held on 30 May 2017, the Company resolved to pay dividends from retained earnings as follows.」
A dividend of ¥20 per share, totaling ¥26.144 million, was resolved and paid on 30 June 2017. - FY2017RestatedAnnual report
「The Company regards returning profits to shareholders as one of its most important management priorities. Its basic policy is to make appropriate profit distributions to shareholders after comprehensively considering the enhancement of shareholder value over the medium to long term through business growth and improved capital efficiency, as well as securing the retained earnings necessary to strengthen its financial foundation.」
The Company continues its policy of comprehensively considering growth investment, capital efficiency, retained earnings and shareholder returns, and resolved to pay a dividend of ¥20 per share for the fiscal year. - FY2017-Q2Dividend Resolution and PaymentAnnual report
「At a meeting of the Board of Directors held on 30 May 2016, the Company resolved to pay dividends from retained earnings as follows.」
A dividend of ¥20 per share, totaling ¥26.044 million, was resolved and became effective on 30 June 2016. - FY2016First statedAnnual report
「The Company regards returning profits to shareholders as one of its most important management priorities. Its basic policy is to make appropriate profit distributions to shareholders after comprehensively considering the enhancement of shareholder value over the medium to long term through business growth and improved capital efficiency, as well as securing the retained earnings necessary to strengthen its financial foundation.」
The Company has a policy of distributing profits after considering growth, capital efficiency and retained earnings.