Prioritizing Retained Earnings for the Time Being and Considering Future Dividends
First written in FY2018. 13 of 19 entries say "Advanced", first in FY2020-Q2. Latest entry: 2026-08-13.
The whole theme swung hardest in 2017: 1 of 12 companies on the "Worse" side.
31 other companies' latest entry also says "Restated".
- 2026-08-13RestatedDividends
「当社は、剰余金の配当につきましては、株主の皆様への利益還元を経営上の重要課題として認識し、中間配当の目的を「株主の皆様への利益還元の機会を充実させること」としております。」
2026年12月期の中間配当を1株当たり5円とし、年間配当予想を1株当たり10円（中間5円、期末5円）とした。2025年12月期の年間配当実績10円と同水準であり、利益還元方針を再確認している。 - FY2025-H1AdvancedAnnual report
「14 August 2025 Board of Directors Common shares 31,835 5.00 30 June 2025 25 September 2025 Retained earnings」
The company resolved to pay an interim dividend of ¥5 per share, with a total amount of ¥31,835 thousand, for the fiscal year ending December 2025. - FY2024SoftenedAnnual report
「However, as actual results for the current fiscal year fell below the initial earnings forecast, after taking into consideration the above dividend policy and recent earnings trends, we regretfully decided not to pay a final dividend with 31 December 2024 as the record date. For the fiscal year ending December 2025, although the dividend forecast remains undetermined in view of the uncertain outlook, we will work to resume dividend payments as soon as possible.」
The company also paid no dividend for the fiscal year ending December 2024 and continues to leave the dividend forecast for the fiscal year ending December 2025 undetermined. - FY2024-H1SoftenedAnnual report
「As stated in the announcement dated 14 August 2024, “Notice Regarding the Dividend from Retained Earnings (Interim Dividend),” the company resolved at a meeting of the Board of Directors held on 14 August 2024, after taking into consideration recent earnings trends and other factors, not to pay an interim dividend for the fiscal year ending December 2024.」
With the dividend forecast for the fiscal year ending December 2024 having been undetermined at the end of the previous fiscal year, the company resolved not to pay an interim dividend for the fiscal year ending December 2024. - FY2023SoftenedAnnual report
「However, as actual results for the current fiscal year fell substantially below the initial earnings forecast, after taking into consideration the above dividend policy and recent earnings trends, we regretfully decided not to pay a final dividend with 31 December 2023 as the record date. As a result, the annual dividend for the current fiscal year was ¥5 per share and the payout ratio was 31.5%. For the fiscal year ending December 2024, although the dividend forecast remains undetermined in view of the uncertain outlook, we will work to resume dividend payments as soon as possible.」
The basic policy targeting a 30% payout ratio was maintained, but the final dividend for the fiscal year ending December 2023 was omitted, resulting in an annual dividend of ¥5 per share. The dividend forecast for the fiscal year ending December 2024 remains undetermined. - FY2023-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 14 August 2023, the following resolution was passed regarding the interim dividend for the current fiscal year.」
The company resolved to pay an interim dividend of ¥5 per share, with a total amount of ¥28,456 thousand, for the fiscal year ending December 2023. The dividend became effective on 4 September 2023. - FY2023-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 14 August 2023, the following resolution was passed regarding the interim dividend for the current fiscal year.」
The company resolved to pay an interim dividend of ¥5 per share, with a total amount of ¥28,456 thousand, for the fiscal year ending December 2023. The effective date and payment commencement date were set as 4 September 2023. - FY2023-Q1AdvancedAnnual report
「24 March 2023 Annual General Meeting of Shareholders Common shares 28,316 5 31 December 2022 27 March 2023 Retained earnings」
The company paid a final dividend of ¥5 per share, with a total amount of ¥28,316 thousand, for the fiscal year ended December 2022. - FY2022-Q3AdvancedAnnual report
「12 August 2022 Board of Directors Common shares 29,404 5.00 30 June 2022 5 September 2022 Retained earnings」
The company paid an interim dividend of ¥5 per share, with a total amount of ¥29,404 thousand, for the fiscal year ending December 2022. - FY2022-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 12 August 2022, the following resolution was passed regarding the interim dividend for the current fiscal year.」
The company resolved to pay an interim dividend of ¥5 per share, with a total amount of ¥29,404 thousand, for the fiscal year ending December 2022. - FY2022-Q1AdvancedAnnual report
「24 March 2022 Annual General Meeting of Shareholders Common shares 29,336 5 31 December 2021 25 March 2022 Retained earnings」
The company paid a final dividend of ¥5 per share, with a total amount of ¥29,336 thousand, for the fiscal year ended December 2021. - FY2021AdvancedAnnual report
「Based on the above policy, we decided to pay a dividend of ¥10 per share for the current fiscal year, including an interim dividend of ¥5. As a result, the payout ratio for the current fiscal year was 16.6%.」
Under the policy targeting a 30% payout ratio, the company paid an annual dividend of ¥10 per share for the fiscal year ending December 2021, comprising an interim dividend of ¥5 and a final dividend of ¥5. The actual payout ratio was 16.6%. - FY2021-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 13 August 2021, the following resolution was passed regarding the interim dividend for the current fiscal year.」
The company resolved to pay an interim dividend of ¥5 per share, with a total amount of ¥28,175 thousand, for the fiscal year ending December 2021. The payment commencement date was set as 6 September 2021. - FY2021-Q1AdvancedAnnual report
「26 March 2021 Annual General Meeting of Shareholders Common shares 27,875 5.00 31 December 2020 29 March 2021 Retained earnings」
The company paid a final dividend of ¥5 per share, with a total amount of ¥27,875 thousand, for the fiscal year ended December 2020. Including the interim dividend, the annual dividend was ¥10 per share. - FY2020AdvancedAnnual report
「Regarding the allocation of profits, our basic policy is to recognise the return of profits to shareholders as an important management issue, secure the retained earnings necessary for future business development and strengthening our financial position, and make stable and continuous dividend payments in line with our results, targeting a 30% payout ratio. Based on this policy, we decided to pay a dividend of ¥10 per share for the current fiscal year, including an interim dividend of ¥5. As a result, the payout ratio for the current fiscal year was 23.1%.」
Following the interim dividend, the company paid a final dividend of ¥5, bringing the annual dividend to ¥10 per share. The payout ratio for the current fiscal year was 23.1%, against the 30% target. - FY2020-Q3AdvancedAnnual report
「(Resolution) Type of shares Total dividends (¥ thousand) Dividend per share (¥) Record date Effective date Source of dividends 14 August 2020 Board of Directors Common shares 27,875 5.00 30 June 2020 14 September 2020 Retained earnings」
In connection with the policy targeting a 30% payout ratio from the fiscal year ending December 2020, the company resolved to pay an interim dividend of ¥5 per share, with a total amount of ¥27,875 thousand, effective 14 September 2020. - FY2020-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 14 August 2020, the following resolution was passed regarding the interim dividend for the current fiscal year.」
After specifying a policy targeting a 30% payout ratio from the fiscal year ending December 2020, the company resolved to pay an interim dividend of ¥5 per share, with a total amount of ¥27,876 thousand, using 30 June 2020 as the record date. - FY2019RaisedAnnual report
「Although we have not paid dividends since our establishment, we recognise the return of profits to shareholders as an important management issue. Accordingly, from the fiscal year ending December 2020, we decided to make stable and continuous dividend payments in line with our results, with a target payout ratio of 30%.」
The company specified its policy, previously focused on retained earnings with the timing of dividends undetermined, to make stable and continuous dividend payments from the fiscal year ending December 2020, targeting a 30% payout ratio. - FY2018First statedAnnual report
「For the time being, we intend to adopt the enhancement of retained earnings as our basic policy, based on the view that prioritising the development of our business foundation will contribute to maximising shareholder value. At present, the possibility and timing of future dividend payments have not been determined.」
With no history of dividend payments, the company has indicated a policy of prioritising the development of its business foundation and retained earnings for the time being, with the possibility and timing of dividends yet to be determined.