No-dividend policy prioritizing growth investment and financial strength
First written in FY2025. 4 of 13 entries say "Reframed", first in 2026-04-14. Latest entry: 2026-10-14.
11 other companies' latest entry also says "Reframed".
- FY2027-H1AchievedAnnual report
「Dividend payments of ¥232 million」
A total of ¥232 million was paid for the year-end dividend of ¥30 per share announced for the previous consolidated fiscal year. The policy shift from no dividend to paying dividends progressed to the implementation stage. - FY2026ReframedAnnual report
「The Company recognizes that distributing profits to shareholders through enhanced corporate value is one of its important management priorities. In addition to working to return profits to shareholders, its basic policy is to increase the dividend payout ratio over the medium to long term.」
The Company shifted from its previous no-dividend policy to a policy of paying a year-end dividend of ¥30 per share, totaling ¥232 million, for the fiscal year ending February 2026. - FY2026-H1RestatedAnnual report
「Dividend payments Not applicable」
No dividends were paid during the current interim consolidated accounting period, and the no-dividend policy continues. - FY2025First statedAnnual report
「Accordingly, we believe that strengthening retained earnings and using them for investments to enhance earnings capacity and expand the scale of the business will lead to stable and continuous returns to shareholders. We have therefore not paid dividends, including for the current fiscal year.」
The Group has stated a policy of returning profits in the future, but the possibility and timing of dividend payments have not been determined.