Prioritizing Retained Earnings and a No-Dividend Policy for the Foreseeable Future
First written in FY2018. 8 of 25 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2017: 1 of 12 companies on the "Worse" side.
6 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「Specifically, the company will use a dividend payout ratio of approximately 20% as a guideline and will work to improve dividend levels. Regarding the appropriation of surplus for the current fiscal year, it plans to submit a resolution for a dividend of ¥4.00 per share, totaling ¥24,408 thousand, at the ordinary general meeting of shareholders scheduled for 23 June 2026, taking into account current-year performance and future business development.」
After a continued period of no dividends, the company has stated a policy of targeting a dividend payout ratio of approximately 20% and plans to pay a dividend of ¥4 per share. - FY2026-H1RestatedAnnual report
「1. Dividends paid: Not applicable.」
The company stated that no dividends were paid during the interim consolidated accounting period, reconfirming the non-dividend status from the previous fiscal year. - FY2025Continued non-payment of dividends due to a loss on step acquisitionsAnnual report
「Although regrettable, the company decided not to pay a dividend because net income attributable to owners of the parent was negative as a result of a loss on step acquisitions arising from the absorption-type merger with フュートレック, which took effect in October 2024.」
The company continued not to pay a dividend under a profit allocation policy that considers the balance with retained earnings. It cited the net loss attributable to owners of the parent caused by the loss on step acquisitions associated with the merger with フュートレック as the reason for not paying a dividend this time. - FY2024RestatedAnnual report
「Although performance improved from the previous fiscal year, the company decided not to pay a dividend for the current fiscal year after comprehensively considering the balance of retained earnings and funding needs ahead of the planned business integration with フュートレック.」
The company has continued not to pay a dividend due to funding needs ahead of the business integration, under a policy of determining profit allocation while considering the balance with retained earnings. - FY2024-Q2RestatedAnnual report
「1. Dividends paid Not applicable.」
No new dividend was paid during the cumulative second-quarter period, and the non-dividend status from the previous fiscal year has continued. - FY2023SoftenedAnnual report
「In light of the extremely severe earnings situation for the fiscal year, we regret to announce that no dividend will be paid for the fiscal year.」
While maintaining a basic policy of balancing profit returns and retained earnings, the company changed from a dividend of ¥3.5 per share in the previous fiscal year to no dividend for the fiscal year under review. - FY2023-Q1AchievedAnnual report
「This was due to a quarterly net loss of ¥7.288 million and a ¥24.955 million decrease in retained earnings resulting from a ¥17.667 million dividend from surplus, as well as a ¥9.413 million increase in treasury shares.」
The company disclosed, as a change in financial position, the payment on 23 June 2022 of the ¥3.5 per-share dividend decided in the previous fiscal year, totaling ¥17.667 million. - FY2022SoftenedAnnual report
「Regarding the distribution of surplus for the fiscal year under review, the annual general meeting of shareholders held on 22 June 2022 resolved, taking into account the fiscal year's performance and future business development, to pay a dividend of ¥3.50 per share, totaling ¥17.667 million.」
The policy of distributing profits in balance with retained earnings was maintained, but the dividend per share decreased from ¥8.5 in the previous fiscal year to ¥3.5. - FY2022-Q2RestatedAnnual report
「Dividend payments: ¥42.836 million」
The company disclosed the payment, as a financing activity during the cumulative second quarter, of the ¥8.5 per-share dividend decided on 23 June 2021. - FY2022-Q1AchievedAnnual report
「This was mainly due to quarterly net income of ¥4.426 million and a dividend from surplus of ¥42.907 million.」
On 23 June 2021, the company paid a dividend of ¥8.5 per share, totaling ¥42.907 million. The dividend was paid under the dividend policy decided in the previous fiscal year. - FY2021RaisedAnnual report
「Regarding the distribution of surplus for the fiscal year under review, the annual general meeting of shareholders held on 22 June 2021 resolved, taking into account the fiscal year's performance and future business development, to pay a dividend of ¥8.50 per share, totaling ¥42.907 million.」
While maintaining its policy of distributing profits in balance with retained earnings, the company increased the dividend per share from ¥7 in the previous fiscal year to ¥8.5. - FY2021-Q3RestatedAnnual report
「Dividend per share (Yen) - - 7.00」
No new dividend was paid during the cumulative third quarter under review, while the payment of the ¥7 per-share dividend for the previous fiscal year was reconfirmed. - FY2021-Q1AchievedAnnual report
「This was mainly due to quarterly net income of ¥32.967 million and a dividend from surplus of ¥35.125 million.」
On 25 June 2020, the company paid a dividend of ¥7 per share, totaling ¥35.125 million, based on 31 March 2020 as the record date. - FY2020SoftenedAnnual report
「Regarding the distribution of surplus for the fiscal year under review, the annual general meeting of shareholders held on 24 June 2020 resolved, taking into account the fiscal year's performance and future business development, to pay a dividend of ¥7.00 per share, totaling ¥35.125 million.」
The policy of distributing profits while maintaining a balance with retained earnings was maintained, but the dividend per share decreased from ¥8 in the previous fiscal year to ¥7. - FY2020-Q1AchievedAnnual report
「This was due to a ¥31.794 million decrease in retained earnings resulting from dividend payments and other factors.」
On 28 June 2019, the company paid a dividend of ¥8 per share, totaling ¥40.287 million, under the profit distribution policy established in the previous fiscal year. - FY2019ReframedAnnual report
「The company regards both returning profits to shareholders and expanding its business and securing competitiveness as important management issues. While recognizing the return of profits to shareholders as an important management issue, its basic dividend policy is to distribute profits in line with business performance while maintaining a balance with retained earnings, taking comprehensive account of performance trends, financial condition, and funding requirements based on its business plans.」
The policy was reorganized from the previous description of prioritizing retained earnings and paying no dividends for the time being to a policy of distributing profits while maintaining a balance with retained earnings. The company decided to pay a dividend of ¥8 per share for the fiscal year, including a ¥3 commemorative dividend for the listing. - FY2019-Q3RestatedAnnual report
「The per-share dividend is not stated because there has been no dividend history.」
There were no dividends paid during the cumulative third quarter under review, reconfirming the company's no-dividend status. - FY2019-Q2RestatedAnnual report
「The per-share dividend is not stated because there has been no dividend history.」
There were no dividends paid or dividend payments during the cumulative second quarter under review, reconfirming the company's no-dividend status. - FY2019-Q1RestatedAnnual report
「The per-share dividend is not stated because there has been no dividend history.」
There were no dividends paid or dividend payments during the quarter under review. - FY2018First statedAnnual report
「For the time being, we intend to build up retained earnings and use them for investments in securing talented personnel, introducing new technologies and developing proprietary products, with the aim of increasing corporate value.」
The company has paid no dividends since its establishment, and the possibility and timing of initiating dividend payments remain undecided.