Capital Allocation Focused on Retained Earnings and Prioritizing Growth Investment
First written in FY2018. 12 of 14 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2022: 3 of 23 companies on the "Worse" side.
0 other companies' latest entry also says "Other".
- FY2026Covering accumulated losses and ensuring flexibility in capital policyAnnual report
「As part of its management strategy, the company will reduce its capital reserve and dispose of surplus in order to cover the current deficit in retained earnings, improve its financial position, and ensure flexibility and agility in its future capital policy.」
In addition to its policy of prioritizing growth investment and retained earnings, the company transferred ¥864.556 million from the capital reserve to other capital surplus and applied it to cover the deficit in retained earnings. - FY2024-Q2RestatedAnnual report
「Our basic capital policy is to build up retained earnings to support the company's medium- to long-term growth while considering the optimal capital structure for our group, including financial soundness and capital efficiency. In addition, we will return profits to shareholders in the future after considering the optimal balance with retained earnings.」
The company continues to pursue a policy of strengthening retained earnings to support medium- to long-term growth and implementing shareholder returns in the future. - FY2024-Q1RestatedAnnual report
「Our basic capital policy is to build up retained earnings to support the company's medium- to long-term growth while considering the optimal capital structure for our group, including financial soundness and capital efficiency. In addition, we will return profits to shareholders in the future after considering the optimal balance with retained earnings.」
The company has reaffirmed its capital policy of strengthening retained earnings to support growth and implementing shareholder returns in the future. - FY2023-Q2RestatedAnnual report
「Our basic capital policy is to build up retained earnings to support the company's medium- to long-term growth while considering the optimal capital structure for our group, including financial soundness and capital efficiency. In addition, we will return profits to shareholders in the future after considering the optimal balance with retained earnings.」
The company continues to pursue a capital policy of strengthening retained earnings to support medium- to long-term growth and implementing shareholder returns in the future. - FY2023-Q1RestatedAnnual report
「Our basic capital policy is to build up retained earnings to support the company's medium- to long-term growth while considering the optimal capital structure for our group, including financial soundness and capital efficiency. In addition, we will return profits to shareholders in the future after considering the optimal balance with retained earnings.」
The company continues to pursue a capital policy of strengthening retained earnings to support growth and implementing shareholder returns in the future. - FY2022-Q3RestatedAnnual report
「Our basic capital policy is to build up retained earnings to support the company's medium- to long-term growth while considering the optimal capital structure for our group, including financial soundness and capital efficiency. In addition, we will return profits to shareholders in the future after considering the optimal balance with retained earnings.」
The group has reaffirmed its policy of prioritising the accumulation of retained earnings for medium- to long-term growth and returning profits to shareholders in the future. - FY2022-Q2RestatedAnnual report
「Our basic capital policy is to build up retained earnings to support the company's medium- to long-term growth while considering the optimal capital structure for our group, including financial soundness and capital efficiency. In addition, we will return profits to shareholders in the future after considering the optimal balance with retained earnings.」
The group continues to pursue a capital policy of building up retained earnings for medium- to long-term growth and returning profits to shareholders in the future. - FY2022-Q1RestatedAnnual report
「Our basic capital policy is to build up retained earnings to support the company's medium- to long-term growth while considering the optimal capital structure for our group, including financial soundness and capital efficiency. In addition, we will return profits to shareholders in the future after considering the optimal balance with retained earnings.」
The group has reaffirmed its capital policy of building up retained earnings for medium- to long-term growth and returning profits to shareholders in the future. - FY2021RestatedAnnual report
「For these reasons, we have not paid dividends in the past, including in the fiscal year under review. Our basic policy is to consider returning profits to shareholders in the future after strengthening our earnings capabilities and business foundation, while taking into account the level of retained earnings and the business environment surrounding the company. However, as of the date of submission of this document, the possibility and timing of dividend payments have not been determined.」
The group has reaffirmed its policy of not paying dividends, using retained earnings for business expansion, capital investment and the development of its operating framework, and considering shareholder returns in the future. - FY2021-Q3RestatedAnnual report
「Our basic capital policy is to build up retained earnings to support the company's medium- to long-term growth while considering the optimal capital structure for our group, including financial soundness and capital efficiency. In addition, we will return profits to shareholders in the future after considering the optimal balance with retained earnings.」
The group has reaffirmed its policy of prioritising the accumulation of retained earnings for medium- to long-term growth and considering shareholder returns in the future. - FY2021-Q2RestatedAnnual report
「Our basic capital policy is to build up retained earnings to support the company's medium- to long-term growth while considering the optimal capital structure for our group, including financial soundness and capital efficiency. In addition, we will return profits to shareholders in the future after considering the optimal balance with retained earnings.」
The group has reaffirmed its capital policy of building up retained earnings for medium- to long-term growth and returning profits to shareholders in the future. - FY2021-Q1RestatedAnnual report
「Our basic capital policy is to build up retained earnings to support the company's medium- to long-term growth while considering the optimal capital structure for our group, including financial soundness and capital efficiency. In addition, we will return profits to shareholders in the future after considering the optimal balance with retained earnings.」
The group has reaffirmed its capital policy of building up retained earnings for medium- to long-term growth and returning profits to shareholders in the future. - FY2019RestatedAnnual report
「Our basic policy is to consider returning profits to shareholders in the future after strengthening our earnings capabilities and business foundation, while taking into account the level of retained earnings and the business environment surrounding the company. However, as of the date of submission of this document, the possibility and timing of dividend payments have not been determined.」
The group has reaffirmed its policy of not paying dividends for the time being and using retained earnings for business expansion, capital investment and the development of its operating framework. - FY2018First statedAnnual report
「Our group is in a growth phase, and securing competitiveness and sustaining further growth are our most important management priorities. We also believe that building up retained earnings and using them as a source of funds for the medium- to long-term investment needed to strengthen and expand the business will indirectly lead to the return of profits to shareholders. Accordingly, we have not paid dividends since our founding.」
The group has indicated that, rather than paying dividends, it intends to allocate retained earnings to growth investments such as content production, platform development and new businesses.