Retained Earnings Prioritized for Growth Investment and a No-Dividend Policy
First written in FY2016. 8 of 19 entries say "Raised", first in FY2023. Latest entry: 2026-08-13.
15 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「Under this basic policy, the company resolved at a meeting of the Board of Directors held on 14 May 2026 to pay a dividend of ¥23.00 per share, totaling ¥1,600 million, for the current fiscal year (the fiscal year ended March 2026). For the next fiscal year (the fiscal year ending March 2027), the company plans to pay a year-end dividend of ¥26.00 per share, assuming that it can secure the projected profit for the next fiscal year.」
Under its policy of DOE of 3.6% and a minimum payout ratio of 15%, the company resolved to pay a dividend of ¥23 per share for the current fiscal year and increased the planned dividend for the next fiscal year to ¥26. - FY2025RaisedAnnual report
「Beginning with the year-end dividend for the fiscal year ending March 2025, the company revised its dividend policy to achieve a balance between investment and shareholder returns and stable dividends, with a more quantitative and clearly defined benchmark of an ordinary dividend corresponding to DOE of 3.6% and a minimum payout ratio of 15%.」
The company has added quantitative dividend criteria of DOE of 3.6% and a minimum payout ratio of 15% from the fiscal year ending March 2025 to its previous policy of continuing to pay dividends. The current fiscal year's dividend is ¥20.90 per share, and the planned dividend for the next fiscal year is ¥23.00. - FY2024RaisedAnnual report
「For the current fiscal year (the fiscal year ended March 2024), the company resolved at the 22nd Annual General Meeting of Shareholders held on 26 June 2024 to pay a dividend of ¥18.70 per share, comprising an ordinary dividend of ¥12.00 and a special dividend of ¥6.70, for a total of ¥1,353,046,485. For the next fiscal year (the fiscal year ending March 2025), the company plans to pay a year-end dividend of ¥14.50 per share, assuming that it can secure the projected profit for the next fiscal year.」
The current fiscal year's dividend increased from ¥10 per share in the previous fiscal year to ¥18.70, while the planned dividend for the next fiscal year increased from ¥12 to ¥14.50. - FY2023-Q3AdvancedAnnual report
「27 June 2023 Annual General Meeting of Shareholders Common shares 723 10.0 31 March 2023 28 June 2023」
The company paid a dividend of ¥10 per share for FY2023, including a ¥3 commemorative dividend marking its 20th anniversary, for a total of ¥723 million, on 28 June 2023. - FY2023RaisedAnnual report
「For the current fiscal year (the fiscal year ended March 2023), the company resolved at the 21st Annual General Meeting of Shareholders held on 27 June 2023 to pay a dividend of ¥10 per share, comprising an ordinary dividend of ¥7 and a commemorative dividend of ¥3, for a total of ¥723,443,270. For the next fiscal year (the fiscal year ending March 2024), the company plans to pay a year-end dividend of ¥12 per share, assuming that it can secure the projected profit for the next fiscal year.」
While maintaining its priority on retained earnings and investment, the company has increased the current fiscal year's dividend to ¥10 per share and the planned dividend for the next fiscal year to ¥12. - FY2022-Q4AdvancedAnnual report
「27 June 2022 Annual General Meeting of Shareholders Common shares 325 4.5 31 March 2022 28 June 2022」
Under its policy of providing ongoing returns to shareholders, the company paid a total dividend of ¥325 million, or ¥4.50 per share, for the current fiscal year on 28 June 2022. - FY2022ReframedAnnual report
「However, while continuing to prioritize strengthening retained earnings and making investments for business expansion, the company adopted as its basic policy the continued payment of dividends, taking into account each fiscal year's operating performance, with the aim of providing ongoing returns to shareholders and deepening their understanding of its policy of pursuing business expansion from a medium- to long-term perspective. Under this basic policy, the company resolved at the 20th Annual General Meeting of Shareholders held today to pay a dividend of ¥4.50 per share for the current fiscal year (the fiscal year ended March 2022). For the next fiscal year (the fiscal year ending March 2023), the company plans to pay a year-end dividend of ¥7 per share, assuming that it can secure the projected profit for the next fiscal year.」
The company changed from its previous policy of not paying dividends and prioritizing retained earnings to a basic policy of continuing to pay dividends while prioritizing investment, resolved to pay a dividend of ¥4.50 per share for the current fiscal year, and plans to pay ¥7 per share for the next fiscal year. - FY2021-Q3RestatedAnnual report
「Not applicable.」
The company states that no dividends were paid for the cumulative third quarter of the fiscal year, and the no-dividend policy continues. - FY2020RestatedAnnual report
「Accordingly, the company plans not to pay dividends and to strengthen retained earnings by actively recruiting highly capable personnel for growth, introducing new technologies, providing new services and expanding its business scope through partnerships with new business partners.」
The company has reaffirmed its policy of continuing not to pay dividends and prioritizing investment in personnel, new technologies, new services and partnerships. - FY2019RestatedAnnual report
「The company plans not to pay dividends and, for the foreseeable future, to strengthen retained earnings by actively recruiting highly capable personnel for growth, introducing new technologies, providing new services and expanding its business scope through partnerships with new business partners.」
The company has reaffirmed its no-dividend and retained earnings policy of prioritizing investment in personnel, new technologies, new services and partnerships. - FY2018-Q2RestatedAnnual report
「Dividend per share (yen) － － －」
The dividend per share for the cumulative second quarter, the same period of the previous year and the previous fiscal year is "-" in each case, and the no-dividend policy continues. - FY2017RestatedAnnual report
「The company plans not to pay dividends and, for the foreseeable future, to strengthen retained earnings by actively recruiting highly capable personnel for growth, introducing new technologies, providing new services and expanding its business scope through partnerships with new business partners.」
The company has reaffirmed its policy of not paying dividends and prioritizing investment in personnel, new technologies, new services and partnerships. The timing of future dividends remains undecided. - FY2017-Q2RestatedAnnual report
「Dividend per share (yen) - -」
Under major management indicators and other data, the dividend per share for both the cumulative second quarter and the previous fiscal year is stated as "-", and the company remains without dividends. - FY2016First statedAnnual report
「The company currently considers itself to be in a growth phase and believes that strengthening retained earnings and pursuing further expansion will provide the greatest return to shareholders. Accordingly, it has not paid dividends since its founding and plans, for the foreseeable future, to continue strengthening retained earnings and actively recruiting highly capable personnel.」
For the foreseeable future, the company plans to prioritize retained earnings, personnel recruitment, and investment in new technologies, new services and partnerships over dividends.