Policy of prioritizing retained earnings while pursuing stable and sustained returns to shareholders
First written in FY2016. 6 of 15 entries say "Restated". Latest entry: FY2026.
- FY2026Planned start of dividend paymentsAnnual report
「For the year-end dividend for the current fiscal year, we plan to pay ¥6 per share. As a result, the dividend payout ratio for the current fiscal year is expected to be 27.6%.」
The company has changed from its previous disclosure of no dividend to a planned year-end dividend of ¥6 per share, with a dividend payout ratio of 27.6%. - FY2025RestatedAnnual report
「The basic policy for future dividends is to provide shareholders with stable and recurring returns while strengthening earnings capacity and establishing the business foundation, after taking into account the level of retained earnings and the business environment surrounding the company. Retained earnings are planned to be used as medium- to long-term funding for business expansion.」
The company continued its policy of not paying a dividend in FY2025, using retained earnings to expand the business while aiming to provide stable and ongoing returns to shareholders in the future. - FY2025-H1Additional share buybackAnnual report
「We conducted a share buyback to enable a flexible capital policy that responds to changes in the business environment.」
In addition to its existing retained earnings and dividend policy, the company conducted a share buyback as part of its flexible capital policy. - FY2023RestatedAnnual report
「The basic policy for future dividends is to provide shareholders with stable and recurring returns while strengthening earnings capacity and establishing the business foundation, after taking into account the level of retained earnings and the business environment surrounding the company. Retained earnings are planned to be used as medium- to long-term funding for business expansion.」
Despite not paying a dividend, the company continues its policy of using retained earnings to expand the business while aiming to provide stable and ongoing returns to shareholders in the future. - FY2023-Q3Additional share buybackAnnual report
「To enable the flexible implementation of capital policies in response to changes in the business environment.」
In addition to its dividend policy of using retained earnings to fund the business, the company conducted a new share buyback as part of its flexible capital policy. - FY2022RestatedAnnual report
「The basic policy for future dividends is to provide shareholders with stable and recurring returns while strengthening earnings capacity and establishing the business foundation, after taking into account the level of retained earnings and the business environment surrounding the company. Retained earnings are planned to be used as medium- to long-term funding for business expansion.」
The company continued its policy of not paying a dividend in FY2022, using retained earnings to expand the business while aiming to provide stable and ongoing returns to shareholders in the future. - FY2022-Q3Additional share buyback resolutionAnnual report
「We will conduct a share buyback to enable a flexible capital policy that responds to changes in the business environment.」
Following the previous share buyback, the company resolved to conduct an additional buyback and continues repurchases as a means of pursuing a flexible capital policy. - FY2021-Q2Addition of share buybacks as a means of returning value to shareholdersAnnual report
「The company will conduct share buybacks as part of its future shareholder returns and to enable the flexible execution of capital policies in response to changes in the operating environment.」
In addition to its existing dividend policy, the company identifies share buybacks as a means of returning value to shareholders and pursuing a flexible capital policy. - FY2019RestatedAnnual report
「The basic policy for future dividends is to provide shareholders with stable and recurring returns while strengthening earnings capacity and establishing the business foundation, after taking into account the level of retained earnings and the business environment surrounding the company. Retained earnings are planned to be used as medium- to long-term funding for business expansion.」
The company continues its policy of using retained earnings for business expansion while pursuing stable and sustained returns to shareholders. It also paid no dividends in FY2019. - FY2018RestatedAnnual report
「Retained earnings are planned to be used as medium- to long-term funding for business expansion.」
The company continues its no-dividend policy of using retained earnings for business expansion while pursuing stable and sustained returns to shareholders. - FY2017RestatedAnnual report
「The basic policy for future dividends is to provide shareholders with stable and recurring returns while strengthening earnings capacity and establishing the business foundation, after taking into account the level of retained earnings and the business environment surrounding the company. Retained earnings are planned to be used as medium- to long-term funding for business expansion.」
The company continues its policy of using retained earnings for business expansion while pursuing stable and sustained returns to shareholders in the future. - FY2016First statedAnnual report
「The basic policy for future dividends is to provide shareholders with stable and recurring returns while strengthening earnings capacity and establishing the business foundation, after taking into account the level of retained earnings and the business environment surrounding the company.」
The company did not pay dividends in the past and, while emphasizing retained earnings for business expansion and balance sheet strengthening, has adopted a policy of providing stable and sustained returns in the future.