Long-term profit returns prioritizing retained earnings
First written in FY2016. 5 of 14 entries say "Restated". Latest entry: FY2026.
46 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「The company will pay dividends with a payout ratio of 30% as a guideline as a means of returning profits to shareholders. …… Accordingly, the dividend will be ¥6 per share, comprising a ¥1 commemorative dividend and a ¥5 ordinary dividend.」
The company increased the dividend from the previous ¥4 per share to ¥6, comprising a ¥5 ordinary dividend and a ¥1 commemorative dividend, and specified a policy of using a 30% payout ratio as a guideline. Retained earnings will be allocated to growth investments, including capital expenditures, production capacity expansion and personnel recruitment. - FY2026-H1AdvancedAnnual report
「25 April 2025 Board of Directors Common shares Retained earnings 22,770 4.00 31 March 2025 26 June 2025」
The ¥4-per-share year-end dividend decided in the previous fiscal year was paid on 26 June 2025, totaling ¥22,770 thousand. The shift from a no-dividend policy has been reflected in an actual return to shareholders. - FY2025ReframedAnnual report
「The company expects the plan to progress generally as planned in its second year, and, as business performance is expected to stabilize, has decided to pay a dividend of ¥4 per share as a return to shareholders.」
The company changed from its previous policy of not paying dividends and prioritizing retained earnings to a policy of paying a ¥4-per-share dividend for the fiscal year ending March 2025. Going forward, it will use a payout ratio of 30% as a guideline and allocate retained earnings to capital expenditures, research and development investment and human capital investment. - FY2023RestatedAnnual report
「For the time being, the company believes that focusing on improving profitability through higher net sales, the full-scale operation of installed equipment and reductions in individual product costs, as well as investing in development and human capital, is the best way to enhance corporate value.」
The company is reaffirming its policy of continuing not to pay dividends and prioritizing sales growth, the full-scale operation of existing equipment, cost reductions, development investment and human capital investment. - FY2022ReframedAnnual report
「For the time being, the company believes that focusing on increasing net sales through further business expansion, investing in development and capital expenditures, and investing in human capital is the best way to enhance corporate value.」
While maintaining its policy of continuing not to pay dividends, the company has specified the uses of retained earnings as sales growth, development investment, capital expenditures and human capital investment. It states that there is no specific information that can be announced regarding the timing of dividend payments. - FY2020RestatedAnnual report
「The company will pay no dividend for the fiscal year in order to strengthen its management structure and retained earnings and pursue future business expansion, thereby achieving long-term shareholder returns. It will pursue proactive business expansion based on its medium-term management plan.」
The company is reaffirming its policy of maintaining a no-dividend policy and prioritizing the accumulation of retained earnings and business expansion based on its medium-term management plan. - FY2019RestatedAnnual report
「The company will pay no dividend for the fiscal year in order to strengthen its management structure and retained earnings and pursue future business expansion, thereby achieving long-term shareholder returns. It will pursue proactive business expansion based on its medium-term management plan.」
The company is reaffirming its policy of maintaining a no-dividend policy and prioritizing the accumulation of retained earnings and business expansion based on its medium-term management plan. - FY2018RestatedAnnual report
「However, returning profits to shareholders is positioned as one of management's most important priorities. For the time being, the company will build up retained earnings and pursue proactive business expansion in order to achieve long-term shareholder returns.」
As the company remains unable to pay dividends because of negative retained earnings, it is reaffirming its policy of building up retained earnings for the time being and using them to expand the business. - FY2017RestatedAnnual report
「However, returning profits to shareholders is positioned as one of management's most important priorities. For the time being, the company will build up retained earnings and pursue proactive business expansion in order to achieve long-term shareholder returns.」
As the company remains unable to pay dividends because of the net loss for the fiscal year and negative retained earnings, it is reaffirming its policy of building up retained earnings for the time being and using them to expand the business. - FY2016First statedAnnual report
「Returning profits to shareholders is positioned as one of management's most important priorities. For the time being, the company will build up retained earnings and pursue proactive business expansion in order to achieve long-term shareholder returns.」
Regarding the lack of dividends, the company has indicated a policy of building up retained earnings for the time being and using them to expand the business.