Policy of prioritizing retained earnings and not paying dividends
First written in FY2018. 17 of 19 entries say "Restated". Latest entry: FY2024.
72 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「However, we believe that the company is currently in a growth phase, and that building up retained earnings, using them for investments in future business development and strengthening our management base, and pursuing further business expansion will lead to the maximization of shareholder value. Accordingly, we have paid no dividends since our establishment, and the implementation and timing of future dividend payments remain undecided.」
The company maintains its policy of prioritizing retained earnings and growth investment, with no dividends paid since establishment and the timing of future dividends undecided. - FY2024-Q2RestatedAnnual report
「No per-share dividend is disclosed because the company has not paid dividends.」
The Company reports that no dividend was paid during the second-quarter cumulative period. - FY2024-Q1RestatedAnnual report
「No per-share dividend is disclosed because the company has not paid dividends.」
No dividend was paid during the three months ended the first quarter. - FY2023RestatedAnnual report
「We have paid no dividends since our establishment, and the implementation and timing of future dividend payments remain undecided.」
The company maintains its policy of prioritizing retained earnings and growth investment, with no dividends paid since establishment and the timing of future dividends undecided. - FY2023-Q3RestatedAnnual report
「No per-share dividend is disclosed because the company has not paid dividends.」
No dividend was paid during the nine months ended the third quarter. - FY2023-Q2RestatedAnnual report
「No per-share dividend is disclosed because the company has not paid dividends.」
No dividend was paid for the six months ended the second quarter. - FY2023-Q1RestatedAnnual report
「No per-share dividend is disclosed because the company has not paid dividends.」
No dividend was paid during the three months ended the first quarter. - FY2022-Q3RestatedAnnual report
「No per-share dividend is disclosed because the company has not paid dividends.」
No dividend was paid in the cumulative third-quarter period either. - FY2022-Q2RestatedAnnual report
「No per-share dividend is disclosed because the company has not paid dividends.」
No dividend was paid for the six months ended the second quarter. - FY2022-Q1RestatedAnnual report
「No per-share dividend is disclosed because the company has not paid dividends.」
No dividend was paid during the three months ended the first quarter. - FY2021ReframedAnnual report
「Our basic policy on the distribution of profits is to continue paying stable dividends after securing the retained earnings necessary to strengthen our financial position and expand our business in the future, while taking into account the business environment surrounding the company. However, we believe that the company is currently in a growth phase, and that building up retained earnings, using them for investments in future business development and strengthening our management base, and pursuing further business expansion will lead to the maximization of shareholder value. Accordingly, we have paid no dividends since our establishment, and the implementation and timing of future dividend payments remain undecided.」
While explicitly stating that stable dividends in the future are its basic policy, the company continues to prioritize retained earnings and growth investment at present and maintains its previous explanation that no dividends have been paid since establishment and the timing of future payments is undecided. - FY2021-Q3RestatedAnnual report
「No per-share dividend is disclosed because the company has not paid dividends.」
No dividend was paid in the cumulative third-quarter period either. - FY2021-Q2RestatedAnnual report
「No per-share dividend is disclosed because the company has not paid dividends.」
No dividend was paid for the six months ended the second quarter. - FY2021-Q1RestatedAnnual report
「No per-share dividend is disclosed because the company has not paid dividends.」
The Company did not pay dividends during the cumulative first quarter. - FY2020-Q2RestatedAnnual report
「No per-share dividend is disclosed because the company has not paid dividends.」
The Company reports that no dividend was paid during the second-quarter cumulative period. - FY2020-Q1RestatedAnnual report
「No per-share dividend is disclosed because the company has not paid dividends.」
No dividend was paid during the three months ended the first quarter. - FY2019RestatedAnnual report
「We believe that building up retained earnings, using them for investments in future business development and strengthening our management base, and pursuing further business expansion will lead to the maximization of shareholder value. Accordingly, we have paid no dividends since our establishment, and the implementation and timing of future dividend payments remain undecided.」
The company continues to prioritize growth investment and strengthening its financial position, with no dividends currently paid and the timing of future dividends undecided. - FY2019-Q1RestatedAnnual report
「No per-share dividend is disclosed because the company has not paid dividends.」
The company also paid no dividend during the quarter. - FY2018First statedAnnual report
「We believe that building up retained earnings, using them for investments in future business development and strengthening our management base, and pursuing further business expansion will lead to the maximization of shareholder value. Accordingly, we have paid no dividends since our establishment, and the implementation and timing of future dividend payments remain undecided.」
The company is prioritizing growth investment and strengthening its financial position, with no dividends paid to date and the timing of future payments undecided.