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Value Golf (3931) · PolicyRestated

Prioritize growth investment and retained earnings while considering future shareholder returns

First written in FY2017. 5 of 11 entries say "Restated". Latest entry: FY2027-H1.

11entries
10years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2017RaisedFY2024-Q2 – FY20242017: 120172018: 020182019: 020192020: 120202021: 220212022: 120222023: 320232024: 120242025: 020252026: 22026
Same theme, other companies
Capital allocation policy balancing future investment and shareholder dividendsA theme 469 companies write about · 0 as a headwind · 471 as a tailwind

81 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 197 companies compared. The sentences above are computed from all 197.Comparing 200 of the theme's 473 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1RestatedAnnual report

    「24 April 2026 Annual General Meeting of Shareholders Ordinary shares 45,170 25.00 31 January 2026 27 April 2026 Retained earnings」

    In line with the policy of maintaining stable dividends while securing retained earnings, a dividend of ¥25 per share was paid.
  2. 2026-04-03RestatedGeneral Meetings of Shareholders

    「The Company's basic dividend policy is to pursue sustainable dividend growth while taking into consideration investment to promote the business and strengthening the financial base to prepare for various risks surrounding management. For the year-end dividend for the 22nd fiscal year, we intend to propose a dividend of ¥25 per share of common stock.」

    The Company stated its policy of pursuing sustainable dividend growth while considering investment and financial-base strengthening, and proposed a year-end dividend of ¥25 per share.
  3. FY2024AchievedAnnual report

    「26 April 2024 Resolution of the Annual General Meeting of Shareholders Common shares Retained earnings 47,170 25.00」

    The Annual General Meeting of Shareholders approved a dividend of ¥25 per share, including the ¥5 commemorative dividend for the company’s 20th anniversary, in addition to the regular dividend of ¥20.
  4. FY2024-Q2RaisedAnnual report

    「At a meeting of the Board of Directors held on 14 September 2023, the company resolved to pay a commemorative dividend of ¥5.00 per share with the year-end dividend for the fiscal year ended January 2024, marking the company’s 20th anniversary on 26 February 2024. The proposal is scheduled to be submitted to the 20th Annual General Meeting of Shareholders, scheduled for April 2024.」

    In addition to the regular dividend of ¥20, the company resolved to pay a ¥5 commemorative dividend marking its 20th anniversary and indicated plans for a year-end dividend of ¥25 per share.
  5. FY2024-Q1RestatedAnnual report

    「21 April 2023 Annual General Meeting of Shareholders Common shares Total dividends: ¥36,136 thousand Dividend per share: ¥20 Record date: 31 January 2023 Effective date: 24 April 2023 Source of dividends: retained earnings」

    Under the stable dividend policy, the company paid a dividend of ¥20 per share, totaling ¥36,136 thousand.
  6. FY2023RestatedAnnual report

    「The dividend from surplus for the current fiscal year is ¥20 per share under the basic policy of continuing stable dividends. Retained earnings will be used to strengthen the financial position for long-term stability of the management base and to achieve the sustained expansion and development of the business.」

    The company reiterated its policy of continuing stable dividends while securing retained earnings, and maintained the dividend per share at ¥20, unchanged from the previous fiscal year.
  7. FY2022RaisedAnnual report

    「The dividend from surplus for the current fiscal year is ¥20 per share under the basic policy of continuing stable dividends.」

    Under the stable dividend policy, the dividend per share increased from ¥10 in the previous fiscal year to ¥20.
  8. FY2022-Q2RestatedAnnual report

    「23 April 2021 Annual General Meeting of Shareholders Common shares Total dividends: ¥17,925 thousand Dividend per share: ¥10.00 Record date: 31 January 2021 Effective date: 26 April 2021 Source of dividends: retained earnings」

    In line with the policy of continuing stable dividends while securing retained earnings, the company paid a dividend of ¥10 per share, totaling ¥17,925 thousand.
  9. FY2021ReframedAnnual report

    「Our basic policy on profit allocation is to continue paying stable dividends while securing the retained earnings needed for future business development and strengthening our management structure. … Under the basic policy of continuing stable dividends, the dividend from surplus for the current fiscal year is ¥10 per share.」

    The company’s previous explanation, which prioritized retained earnings while considering future returns, was recast as a policy of continuing stable dividends while securing retained earnings, and it paid ¥10 per share for the current fiscal year.
  10. FY2021-Q1AdvancedAnnual report

    「24 April 2020 Annual General Meeting of Shareholders Common shares Total dividends: ¥17 million Dividend per share: ¥10 Record date: 31 January 2020 Effective date: 27 April 2020 Source of dividends: retained earnings」

    The company moved beyond its policy of paying no dividends since establishment and prioritizing retained earnings, paying a dividend of ¥10 per share, totaling ¥17 million.
  11. FY2017First statedAnnual report

    「However, as the company remains in the growth stage, it has not paid dividends since its establishment in order to strengthen its management base by building up retained earnings. Going forward, while balancing the retained earnings needed for future business expansion, we will work to enhance corporate value and consider returning profits to shareholders.」

    The company has paid no dividends since its establishment, prioritizing retained earnings during the growth stage while stating that it will consider shareholder returns in light of the balance with future business expansion.
Moved together

"Expansion in the number of golf courses contracted with "1-Person Reservation Land" and the number of people making reservations" moved the same way as this thread, in the same document, in 4 of its 11 moves.

444444★123456
  1. ★This thread
  2. 1Expansion in the number of golf courses contracted with "1-Person Reservation Land" and the number of people making reservations4×
  3. 2Service Expansion Through the Acquisition and Subsidiarization of 株式会社ジープ4×
  4. 3Expanding awareness and the membership base of “1人予約ランド” (single-player golf reservation service)4×
  5. 4Transition from a low-margin, high-volume model to high-value-added travel services4×
  6. 5Short-Term Borrowings to Secure Cash During the COVID-19 Pandemic4×
  7. 6Expanding business with existing customers and developing new media, and improving production efficiency4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Value Golf yet. It last moved in the General Meetings of Shareholders of 2026-04-03: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Prioritize growth investment and retained earnings while considering future shareholder returns | VALUE GOLF Inc. (3931) | Komori