Prioritizing Retained Earnings for Business Investment and Balance Sheet Strengthening, with No Dividends for the Time Being
First written in FY2020. 5 of 12 entries say "Raised", first in FY2024. Latest entry: FY2026-H1.
10 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「26 March 2026 Annual General Meeting of Shareholders Common shares 52,463 9 31 December 2025 27 March 2026 Retained earnings」
For the dividend relating to FY2025, the company actually paid ¥9 per share in March 2026, for a total of ¥52.463 million. - FY2025AdvancedAnnual report
「Dividends of surplus for the fiscal year are as follows.」
The company resolved to pay a FY2025 year-end dividend of ¥9 per share, totaling ¥52.463 million, an increase from ¥6 per share in the previous fiscal year. It continues to target a 30% payout ratio for the fiscal year ending December 2027. - FY2025-H1AdvancedAnnual report
「25 March 2025 Annual General Meeting of Shareholders Common shares 34,856 6 31 December 2024 26 March 2025 Retained earnings」
For the dividend introduced from FY2024, the company actually paid ¥6 per share in March 2025, for a total of ¥34.856 million. - FY2024RaisedAnnual report
「In light of steady business growth, with both revenue and operating profit reaching record highs, we decided that it was possible to begin returning profits to shareholders while continuing to make growth investments, and resolved to begin paying dividends from the current fiscal year, the first such dividends in the company’s history. For dividends from the next fiscal year onward, the company plans to make stable and continuous payments while balancing growth investment, capital efficiency and shareholder returns, with a target payout ratio of 30% for the fiscal year ending December 2027.」
The company changed from its previous policy of paying no dividends for the time being to a shareholder return policy under which it began paying its first dividend in FY2024 and targets a 30% payout ratio for the fiscal year ending December 2027. - FY2022RestatedAnnual report
「Accordingly, we plan to prioritize securing the retained earnings necessary for future business development and strengthening our financial base and do not plan to pay dividends for the time being, while considering dividend payments in light of future business performance and financial position.」
The company maintains its policy of prioritizing the allocation of retained earnings to growth investment, M&A and strengthening its financial position and paying no dividends for the time being. - FY2021RestatedAnnual report
「We plan to prioritize securing the retained earnings necessary for future business development and strengthening our financial base, and do not plan to pay dividends for the time being. At the same time, we recognize returning profits to shareholders as an important management issue and will consider dividend payments in light of future business performance and financial position.」
The company maintains its policy of prioritizing the allocation of retained earnings to business expansion and strengthening its financial base and paying no dividends for the time being. - FY2020First statedAnnual report
「We plan to prioritize securing the retained earnings necessary for future business development and strengthening our financial base, and do not plan to pay dividends for the time being. At the same time, we recognize returning profits to shareholders as an important management issue and will consider dividend payments in light of future business performance and financial position.」
The company has, for the first time, expressly stated a policy of prioritizing growth investment and strengthening its financial base and paying no dividends for the time being.