Building retained earnings while prioritizing business foundation development
First written in FY2017. 8 of 22 entries say "Restated". Latest entry: 2026-10-14.
46 other companies' latest entry also says "Raised".
- FY2027-H1AchievedAnnual report
「27 May 2026 Annual General Meeting of Shareholders Common shares 186,412 13.80 28 February 2026 28 May 2026 Retained earnings」
Based on the dividend policy introduced in the previous fiscal year, the company paid a dividend of ¥13.80 per share, totaling ¥186.412 million, on 28 May 2026. - 2026-07-14RaisedEarnings
「Fiscal year ending February 2027 (forecast): 16.80」
2027年2月期の年間配当予想を16.80円とし、前期実績13.80円から引き上げた。 - FY2026RaisedAnnual report
「The following describes the dividend from retained earnings for the 21st fiscal year. The total year-end dividend of ¥186.412 million and the dividend per share of ¥13.80 are matters to be resolved at the Annual General Meeting of Shareholders scheduled for 27 May 2026.」
Based on the ¥10.30 per share dividend paid in the previous fiscal year, a year-end dividend of ¥13.80 per share is planned. The progressive dividend policy based on a DOE of at least 2% remains in place, but the ¥13.80 dividend had not yet been approved by the shareholders’ meeting as of the filing date. - FY2026-H1AchievedAnnual report
「27 May 2025 Annual General Meeting of Shareholders Common shares 138,826 10.30 28 February 2025 28 May 2025 Retained earnings」
After revising its policy of not paying dividends since its establishment, the company paid a dividend of ¥10.30 per share, totaling ¥138.826 million, on 28 May 2025. - FY2025ReframedAnnual report
「The company is expected to revise its policy of not paying dividends, which it has maintained since its establishment, and pay a dividend for the first time.」
The company changed its policy of not paying dividends and prioritizing retained earnings to a policy of paying dividends based on a DOE (dividend on equity) of at least 2% and pursuing progressive dividends, under which the dividend amount is increased in line with earnings performance. The dividend per share resolved on 27 May 2025 was ¥10.30. - FY2024RestatedAnnual report
「The medium-term management targets, “Milestone2025,” provide for continuing not to pay dividends, while retained earnings will be used for investments aimed at expanding the scale of the business.」
Reconfirmed its policy of continuing not to pay dividends and using retained earnings for investments aimed at expanding the scale of the business. - FY2023RestatedAnnual report
「The company recognizes the return of profits to shareholders as an important management issue. However, rather than returning profits through dividends, its basic policy is to achieve sustainable revenue growth and expansion of operating profit while seeking to increase market capitalization over the medium to long term through an appropriate valuation.」
Reconfirmed its policy of seeking to increase market capitalization over the medium to long term through revenue growth, expansion of operating profit and the use of retained earnings for investment, rather than through dividends. - FY2022ReframedAnnual report
「The company recognizes the return of profits to shareholders as an important management issue. However, rather than returning profits through dividends, its basic policy is to achieve sustainable revenue growth and expansion of operating profit while seeking to increase market capitalization over the medium to long term through an appropriate valuation. Retained earnings will be used for investments aimed at expanding the scale of the business.」
The company reorganized its policy of not paying dividends and prioritizing retained earnings as a policy of seeking revenue growth, expansion of operating profit and an increase in market capitalization over the medium to long term, rather than paying dividends, and explicitly stated that retained earnings would be used to invest in expanding the scale of the business. - FY2021ReframedAnnual report
「As the company believes that prioritizing business growth for the time being will contribute to maximizing corporate value and, ultimately, shareholder value, it plans to build up retained earnings as the source of funds and use them for reinvestment. It also plans to acquire treasury shares as necessary from a comprehensive perspective that includes shareholder returns and capital efficiency.」
While maintaining its policy of not paying dividends and prioritizing retained earnings, the company explicitly stated that retained earnings would be used for reinvestment and added a policy of acquiring treasury shares as necessary from the perspectives of shareholder returns and capital efficiency. - FY2021-Q3RestatedAnnual report
「The dividend per share is not presented because no dividend was paid.」
Reconfirmed that it remained without a dividend for the nine-month period. - FY2021-Q1RestatedAnnual report
「The dividend per share is not presented because no dividend was paid.」
Reconfirmed in its key management indicators that it remained without a dividend in the first quarter. - FY2019RestatedAnnual report
「However, as the company believes that prioritizing the development of its business foundation for the time being will contribute to maximizing shareholder value, its basic policy is to build up retained earnings as the source of funds for this purpose. The possibility and timing of dividend payments remain undecided as of the present time.」
Reiterated its policy of not paying dividends and prioritizing the development of its business foundation and retained earnings for the time being. - FY2018RestatedAnnual report
「However, as the company believes that prioritizing the development of its business foundation for the time being will contribute to maximizing shareholder value, its basic policy is to build up retained earnings as the source of funds for this purpose. The possibility and timing of dividend payments remain undecided as of the present time.」
The company reiterated its policy of identifying the return of profits to shareholders as an important issue while not paying dividends and prioritizing the development of its business foundation and retained earnings for the time being. - FY2017First statedAnnual report
「Although the company has never paid a dividend since its establishment, it recognizes the return of profits to shareholders as an important management issue and intends to pay dividends after comprehensively considering the development of its business foundation, business performance and financial position. However, as it believes that prioritizing the development of its business foundation for the time being will contribute to maximizing shareholder value, its basic policy is to build up retained earnings as the source of funds for this purpose.」
While identifying the return of profits to shareholders as an important issue, the company set out a basic policy of prioritizing the development of its business foundation and building up retained earnings for the time being.