No-Dividend Policy Prioritizing Balance Sheet Strengthening
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2021.
54 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「The company will pay no year-end dividend for the fiscal year, but intends to return profits through dividends once it has achieved a steady accumulation of profits and strengthened its financial foundation.」
The company confirms its policy of paying no dividend again this fiscal year, with a steady accumulation of profits and a stronger financial foundation as prerequisites for returning profits through dividends. - FY2019RestatedAnnual report
「The company will pay no year-end dividend for the fiscal year, but intends to return profits through dividends once it has achieved a steady accumulation of profits and strengthened its financial foundation.」
The company confirms its policy of paying no dividend again this fiscal year, with a steady accumulation of profits and a stronger financial foundation as prerequisites for resuming dividends. - FY2016First statedAnnual report
「With the return of profits to shareholders designated as one of management's most important priorities, the company has adopted a basic policy of implementing its dividend policy while taking into account the strengthening of its financial position and the buildup of retained earnings necessary for proactive business development.」
The company paid no dividend for the fiscal year because of a net loss. It intends to return profits through dividends once it has steadily accumulated profits and strengthened its financial foundation.