No Dividends and Future Dividend Policy Prioritizing Retained Earnings
First written in FY2018. 6 of 7 entries say "Restated". Latest entry: FY2026.
71 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Although the company posted net income for the current fiscal year, it paid no dividend for the fiscal year in order to strengthen its management foundation, support future business development and build up retained earnings.」
Although the company posted net income for the current fiscal year, it will pay no dividend and continues to prioritize facility expansion and research and development investment in order to build up retained earnings. - 2026-09-04RestatedGeneral Meetings of Shareholders
「Although we recorded profit attributable to owners of the parent for the current consolidated fiscal year, we decided not to pay a dividend in order to strengthen our financial base, pursue future business development, and build up retained earnings.」
The company reconfirmed its policy of retaining earnings and paying no dividend despite reporting a profit. - FY2024RestatedAnnual report
「For the time being, the company believes it will be important to invest in expanding facilities to strengthen cost competitiveness and increase production capacity, as well as in building a stronger research and development framework to enable business expansion in rapidly growing markets. It therefore plans to build up retained earnings as the source of these funds. Once a certain level of progress has been achieved, however, it plans to adopt a policy of returning profits to shareholders through stable and sustainable dividends.」
The company continues to prioritize facility expansion and research and development investment to build up retained earnings, with a policy of paying stable and sustainable dividends once a certain level of progress has been achieved. It also paid no dividend for the current fiscal year. - FY2022RestatedAnnual report
「For the time being, the company believes it will be important to invest in expanding facilities to strengthen cost competitiveness and increase production capacity, as well as in building a stronger research and development framework to enable business expansion in rapidly growing markets. It therefore plans to build up retained earnings as the source of these funds. Once a certain level of progress has been achieved, however, it plans to adopt a policy of returning profits to shareholders through stable and sustainable dividends.」
The company continues to prioritize facility expansion and research and development investment to build up retained earnings, with a policy of paying stable and sustainable dividends once a certain level of progress has been achieved. It also paid no dividend for the current fiscal year. - FY2020RestatedAnnual report
「Although the company posted net income for the current fiscal year, it paid no dividend for the fiscal year in order to strengthen its management foundation, support future business development and build up retained earnings.」
Although the company posted net income for the current fiscal year, it will pay no dividend and continues to prioritize facility expansion and research and development investment in order to build up retained earnings. - FY2019RestatedAnnual report
「For the time being, the company believes it will be important to invest in expanding facilities to strengthen cost competitiveness and increase production capacity, as well as in building a stronger research and development framework to enable business expansion in rapidly growing markets. It therefore plans to build up retained earnings as the source of these funds.」
Although the company posted net income for the current fiscal year, it will pay no dividend and continues to prioritize facility expansion and research and development investment in order to build up retained earnings. The timing of dividend payments remains undecided. - FY2018First statedAnnual report
「For the time being, the company believes it will be important to invest in expanding facilities to strengthen cost competitiveness and increase production capacity, as well as in building a stronger research and development framework to enable business expansion in rapidly growing markets. It therefore plans to build up retained earnings as the source of these funds. Once a certain level of progress has been achieved, however, it plans to adopt a policy of returning profits to shareholders through stable and sustainable dividends.」
The company will pay no dividend for the current fiscal year and will prioritize investment in facility expansion and its research and development framework. It has stated that it will pay stable and sustainable dividends once a certain level of progress has been achieved.