Policy of prioritizing retained earnings and considering future dividends
First written in FY2018. 13 of 24 entries say "Restated". Latest entry: 2026-08-07.
129 other companies' latest entry also says "Restated".
- 2026-08-07RestatedEarnings
「Whether there has been a revision to the most recently announced dividend forecast: No」
The company maintained its previous forecast for an annual dividend of ¥40 per share for the fiscal year ending March 2027. - FY2026ReframedAnnual report
「Meanwhile, the Group is currently pursuing major investments, including the international submarine cable Candle, and expects to face continuing funding needs for future growth. Accordingly, during the Candle construction period, the Group's basic policy is to pay a fixed dividend, taking into account financial soundness and investment capacity. However, its dividend policy or dividend level may change depending on changes in business performance, progress on investment plans, the financing environment and other business conditions. The Group may also provide additional shareholder returns based on performance exceeding its plan, its financial position and other factors.」
In addition to its existing dividend policy, which balances business performance, financial position, investment plans and retained earnings, the company clarified its basic policy of paying a fixed dividend during the Candle construction period and the possibility of changing the policy or providing additional shareholder returns in response to changes in the business environment. The annual dividend is expected to be ¥40 per share. - FY2026-H1RestatedAnnual report
「At a meeting of the Board of Directors held on 7 November 2025, the following resolutions were adopted regarding the interim dividend for the current fiscal year. (1) Total interim dividend: ¥260 million (2) Dividend per share: ¥20.00」
In line with its policy of paying dividends twice a year, the company resolved to pay an interim dividend of ¥20 per share, or ¥260 million in total, based on the 30 September 2025 record date. This is the same as the interim dividend for the previous fiscal year. - FY2025RaisedAnnual report
「For the dividend of surplus for the current fiscal year, the company set the interim dividend at ¥20 per share, taking into account earnings growth and other factors. It also plans to pay a year-end dividend of ¥20 per share. As a result, the annual dividend for the current fiscal year will be ¥40 per share. The consolidated payout ratio for the current fiscal year will be 20.3%.」
The company indicated its policy of raising the annual dividend from ¥37 per share in the previous fiscal year to ¥40. The ¥20 interim dividend has already been paid, while the ¥20 year-end dividend is included as an agenda item for the Annual General Meeting of Shareholders. - FY2025-H1RaisedAnnual report
「At a meeting of the Board of Directors held on 8 November 2024, the following resolutions were adopted regarding the interim dividend for the current fiscal year. (1) Total interim dividend: ¥258 million (2) Dividend per share: ¥20.00 (3) Effective date of dividend claim and dividend payment commencement date: 3 December 2024」
In line with its policy of paying dividends twice a year, the company resolved to raise the interim dividend from ¥17.50 to ¥20 per share, for a total dividend of ¥258 million. - FY2024-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 10 November 2023, the following resolutions were adopted regarding the interim dividend for the current fiscal year. (1) Total interim dividend: ¥217 million (2) Dividend per share: ¥17.50 (3) Effective date of dividend claim and dividend payment commencement date: 4 December 2023」
In line with its policy of paying dividends twice a year, the company resolved to pay an interim dividend of ¥217 million in total, or ¥17.50 per share, based on the 30 September 2023 record date. - FY2024-Q1RestatedAnnual report
「27 June 2023 Annual General Meeting of Shareholders Common shares 217 17.50 31 March 2023 28 June 2023 Retained earnings」
The company disclosed that, pursuant to the resolutions of the June 2023 Annual General Meeting of Shareholders, it paid total dividends of ¥217 million on common shares, or ¥17.50 per share. - FY2023-Q3AdvancedAnnual report
「11 November 2022 Board of Directors Common shares 217 17.50 30 September 2022 5 December 2022 Retained earnings」
A subsequent disclosure confirmed that the interim dividend resolved in line with the policy of paying dividends twice a year was paid at a total of ¥217 million, or ¥17.50 per share. - FY2023-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 11 November 2022, the company resolved the following regarding the interim dividend for the fiscal year: (1) Total interim dividend: ¥217 million (2) Dividend per share: ¥17.50 (3) Effective date of the right to claim payment and payment commencement date: 5 December 2022」
In line with the policy of paying dividends twice a year announced in the previous fiscal year, the company resolved to pay an interim dividend for the record date of 30 September 2022 totaling ¥217 million, or ¥17.50 per share. - FY2023-Q1RestatedAnnual report
「28 June 2022 Annual General Meeting of Shareholders Common shares 310 25 31 March 2022 29 June 2022 Retained earnings」
The company disclosed that, pursuant to a resolution of the Annual General Meeting of Shareholders held in June 2022, it paid a total dividend of ¥310 million, or ¥25 per share, on common shares. It confirmed the ¥25 per-share dividend policy continued from the previous fiscal year. - FY2022RaisedAnnual report
「For the distribution of retained earnings for the fiscal year, the company set the dividend at ¥25 per share, taking profit growth and other factors into consideration. As a result, the consolidated payout ratio for the fiscal year was 16.4%.」
The company increased the dividend from the previous year’s commemorative dividend of ¥10 per share to an ordinary dividend of ¥25 per share for the fiscal year ending March 2022. It also announced a policy of paying dividends twice a year from the following fiscal year, consisting of an interim dividend and a year-end dividend. - FY2022-Q3RestatedAnnual report
「24 June 2021 Annual General Meeting of Shareholders Common shares 123 10 31 March 2021 25 June 2021 Retained earnings」
The company reiterated that it paid a total dividend of ¥123 million, or ¥10 per share, pursuant to a resolution of the Annual General Meeting of Shareholders held in June 2021. - FY2022-Q2RestatedAnnual report
「24 June 2021 Annual General Meeting of Shareholders Common shares 123 10 31 March 2021 25 June 2021 Retained earnings」
The company changed from its previous no-dividend policy and paid a total dividend of ¥123 million, or ¥10 per share, pursuant to a resolution of the Annual General Meeting of Shareholders. - FY2022-Q1Change from no dividend to paying a dividendAnnual report
「1. Dividend payments (Resolution) 24 June 2021 Annual General Meeting of Shareholders Common shares 123 10 31 March 2021 25 June 2021 Retained earnings」
The company changed from its previous no-dividend policy and paid a total dividend of ¥123 million, or ¥10 per share, on common shares pursuant to a resolution of the Annual General Meeting of Shareholders held on 24 June 2021. - FY2021-Q3RestatedAnnual report
「1. Dividends paid Not applicable.」
The company did not pay a dividend for the cumulative third quarter. - FY2021-Q2RestatedAnnual report
「1. Dividends paid: Not applicable.」
The company did not pay a dividend for the cumulative second quarter, consistent with its policy of paying no dividends while prioritizing retained earnings. - FY2021-Q1RestatedAnnual report
「Dividend payments Not applicable」
The company has not paid dividends during the cumulative first quarter of the current fiscal year either. - FY2020RaisedAnnual report
「When capital expenditure on intercity backbone circuits in the Philippines and facilities in the Metro Manila area has settled down and earnings have stabilized, the company plans to actively return cash on hand to shareholders.」
While maintaining its policy of paying no dividends and prioritizing retained earnings, the company explicitly stated that it plans to actively return cash on hand to shareholders once investment in Philippine telecommunications facilities has settled down and earnings have stabilized. - FY2020-Q2RestatedAnnual report
「1. Dividends paid: Not applicable.」
The company did not pay a dividend for the cumulative second quarter, consistent with its policy of paying no dividends while prioritizing retained earnings. - FY2019RestatedAnnual report
「The company is currently in a growth phase. Believing that strengthening retained earnings is important in order to strengthen its financial position and achieve the continued expansion and development of its business for the long-term stability of its management foundation, it has not paid dividends since its establishment.」
The company maintained its policy of paying no dividends while prioritizing growth investment and retained earnings, and stated that future dividends would be considered in light of business performance, financial condition, investment plans and other factors. - FY2018First statedAnnual report
「The company is currently in a growth phase. Believing that strengthening retained earnings is important in order to strengthen its financial position and achieve the continued expansion and development of its business for the long-term stability of its management foundation, it has not paid dividends since its establishment.」
The company made no dividend payment during the fiscal year to fund growth investment, and stated that future dividends would be considered based on a balance among business performance, financial condition, investment plans and retained earnings.