Prioritizing Retained Earnings and a No-Dividend Policy for the Foreseeable Future
First written in FY2020. 8 of 12 entries say "Restated". Latest entry: FY2026.
Enechange moved to the "Worse" side of this theme in 2026, 1 year after the typical company in this theme (2025).
11 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Accordingly, the company has not paid dividends since its establishment and has not paid any dividend from surplus for the current fiscal year. While the company intends to provide stable and continuous returns to shareholders after strengthening its earnings capacity and business foundation, taking into account the level of internal reserves and the business environment surrounding the company, the possibility and timing of any dividend payment had not been determined as of the filing date of this document.」
While continuing its policy of paying no dividends and prioritizing internal reserves for the current period, the company has stated its policy of providing stable and continuous returns in the future, with the possibility and timing of dividends yet to be determined. - FY2026-H1RestatedAnnual report
「Not applicable.」
No dividends were paid or planned during the interim consolidated accounting period, consistent with the policy of paying no dividends and prioritizing internal reserves. - FY2025RestatedAnnual report
「Accordingly, the company has paid no dividends since its founding and did not pay dividends from surplus during the current fiscal year. For the time being, it will continue to build retained earnings.」
The company remains non-dividend-paying for the current period and continues to apply retained earnings toward strengthening its financial position, expanding its workforce, and diversifying and strengthening its earnings base. - FY2023-Q3RestatedAnnual report
「2. Among dividends with a record date falling within the cumulative third quarter of the current consolidated fiscal year, those for which the effective date falls after the end of the third quarter of the current consolidated accounting period: None.」
There were no dividends planned or paid during the cumulative third quarter period, consistent with the policy of retaining earnings and prioritizing internal reserves for the time being. - FY2023-Q1RestatedAnnual report
「Not applicable.」
No dividends were paid during the cumulative first quarter of the current consolidated fiscal year, consistent with the policy of paying no dividends and prioritizing retained earnings. - FY2022-Q2RestatedAnnual report
「Not applicable.」
No dividends were paid during the cumulative second quarter of the current consolidated fiscal year, consistent with the policy of paying no dividends and prioritizing retained earnings. - FY2021RestatedAnnual report
「Accordingly, the company has paid no dividends since its founding and did not pay dividends from surplus during the current fiscal year. For the time being, it will continue to build retained earnings.」
The company remains without dividends for the current fiscal year and continues its policy of using retained earnings for the time being to strengthen its financial base, expand its workforce and diversify and enhance its earnings base. - FY2021-Q3RestatedAnnual report
「Dividend payments Not applicable」
No dividends were paid during the cumulative third quarter, consistent with the policy of prioritizing retained earnings and paying no dividends. - FY2021-Q2RestatedAnnual report
「Dividend payments Not applicable」
No dividends were paid during the cumulative second quarter of the current fiscal year, consistent with the policy of prioritizing retained earnings and paying no dividends. - FY2020First statedAnnual report
「For the time being, we will continue to build retained earnings. We plan to use retained funds to strengthen our financial base and invest in diversifying and enhancing our earnings base, including through expanding and developing our workforce.」
The company has paid no dividends since its founding and will prioritize investment in its financial base, human resources and earnings base for the time being.