Policy of Prioritising Retained Earnings and Continuing to Pay No Dividends
First written in FY2018. 3 of 14 entries say "Raised", first in FY2019. Latest entry: 2026-10-15.
14 other companies' latest entry also says "Advanced".
- 2026-10-15AdvancedInvestor presentation
「業績動向及び財務体質を総合的に勘案し、FY2027期末の1株当たり配当は 前期から１円の増配を予定。」
累進配当方針のもと、FY2027期末配当を前期の16円から17円へ増配する予定を示した。 - FY2027-H1AdvancedAnnual report
「27 May 2026 Annual General Meeting of Shareholders Common shares 206,542 16.00 28 February 2026 28 May 2026 Retained earnings」
For the fiscal year ended February 2026, the company paid a dividend of ¥16 per share, totaling ¥206.542 million. The progressive dividend policy announced in the previous fiscal year is being put into practice through the actual dividend payment. - 2026-07-15RaisedInvestor presentation
「Considering earnings trends and financial strength as a whole, we plan to increase the year-end dividend per share for FY2027 by ¥1 from the previous fiscal year.」
The plan was presented to increase the dividend from ¥16 in the fiscal year ending February 2026 to ¥17 in the fiscal year ending February 2027. - FY2026RaisedAnnual report
「With regard to dividends, our basic policy is to pursue progressive dividends while considering future earnings trends and financial conditions, and to pay appropriate dividends on a stable and ongoing basis.」
The policy changed from not paying dividends since establishment and prioritizing retained earnings to pursuing progressive dividends and paying dividends on a stable and continuous basis. A dividend of ¥16 per share is planned for the fiscal year ending February 2026. - FY2025RestatedAnnual report
「Accordingly, the company has not paid dividends since its establishment and, going forward, its basic policy is to secure the retained earnings necessary for future business development and to strengthen its management base.」
The company reiterated its policy of not paying dividends since its establishment and prioritizing retained earnings for business development and strengthening its management base. - FY2023RestatedAnnual report
「Accordingly, the company has not paid dividends since its establishment and, going forward, its basic policy is to secure the retained earnings necessary for future business development and to strengthen its management base.」
The company reiterated its policy of not paying dividends since its establishment and securing retained earnings for business development and strengthening its management base. - FY2022RestatedAnnual report
「The company has not paid dividends since its establishment, and its basic policy going forward is to secure the retained earnings necessary for future business development and to strengthen its management base.」
The company reiterated its policy of not paying dividends since its establishment and securing retained earnings for business development and strengthening its management base. - FY2020SoftenedAnnual report
「Accordingly, the company has not paid dividends since its establishment and, going forward, its basic policy is to secure the retained earnings necessary for future business development and to strengthen its management base.」
The wording has reverted from the previous statement that the company “plans to pay dividends while securing retained earnings” to stating that its basic policy going forward is to continue not paying dividends since its establishment and to secure retained earnings. - FY2019RaisedAnnual report
「The company prioritizes strengthening its financial base in anticipation of future business expansion and currently does not return profits to shareholders through dividends or other means, but considers returning profits to shareholders an important management issue. Accordingly, going forward, the company plans to pay dividends while securing retained earnings, based on a comprehensive assessment of its financial position, operating results and other factors. However, the possibility and timing of dividend payments have not yet been determined.」
While maintaining its policy of not paying dividends since its establishment and prioritizing retained earnings, the company has expressly stated that it plans to pay dividends in the future, expanding its wording regarding returns to shareholders. - FY2018First statedAnnual report
「Accordingly, the company has not paid dividends since its establishment and, going forward, its basic policy is to secure the retained earnings necessary for future business development and to strengthen its management base.」
The company has indicated a policy of prioritizing the allocation of retained earnings to strengthening its financial base, improving business efficiency and expanding its business over returns to shareholders.