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Minkabu The Infonoid (4436) · PolicyRestatedLatest Business Alliance (2026-09-17): "Advanced"

Retained earnings prioritizing growth investments and future shareholder returns

First written in FY2019. 6 of 18 entries say "Advanced", first in FY2021-Q1. Latest entry: 2026-09-17.

18entries
8years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2019 – FY2020-Q2RaisedFY2020 – FY2023-Q1RaisedFY2023 – FY2024-Q1SoftenedFY2025 – 2026-06-062019: 320192020: 220202021: 220212022: 220222023: 320232024: 220242025: 120252026: 32026
Same theme, other companies

10 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 118 companies compared. The sentences above are computed from all 118.
Full recordFilings, disclosures and news, newest first
  1. 2026-09-17AdvancedBusiness Alliance

    「We will expand our financial capacity to allocate cash flow generated by the business to growth investment and future shareholder returns.」

    The company specifically stated that, after fully repaying borrowings, it would direct the resulting financial capacity toward growth investment and future shareholder returns.
  2. FY2026RestatedAnnual report

    「The company continues to judge that it is in a phase in which strengthening its financial position and securing retained earnings for sustainable growth should be its top priorities, and will pay no year-end dividend for the current fiscal year.」

    Even after returning to profitability, the company continued its policy of prioritizing financial strengthening and the accumulation of retained earnings, and paid no dividend for the current fiscal year.
  3. 2026-06-06SoftenedGeneral Meetings of Shareholders

    「We believe that this is a phase in which strengthening our financial position and securing retained earnings for sustainable growth must remain our highest priorities, and therefore we will not pay a year-end dividend for the current fiscal year.」

    The company reaffirmed its policy of continuing to pay no dividends and prioritizing financial strengthening and retained earnings over shareholder returns.
  4. FY2025SoftenedAnnual report

    「For the time being, the company has decided to prioritize rebuilding its business structure to enable stable profit generation, repaying borrowings from financial institutions and securing as much retained earnings as possible, thereby ensuring financial soundness and laying the groundwork for sustainable growth in the future. Accordingly, it will pay no dividend for the current fiscal year.」

    Rather than balancing growth investment and stable dividends, the company prioritized financial soundness, repayment of borrowings and retained earnings, and paid no dividend for the current fiscal year. It is considering resuming dividend payments in the future.
  5. FY2025-H1AdvancedAnnual report

    「At a meeting of the Board of Directors held on 28 May 2024, the company resolved to pay dividends from surplus as follows.」

    The company paid an ordinary dividend of ¥26 per share, totaling ¥389.557 million, on 29 June 2024, putting into practice its policy of balancing growth investment and stable dividends.
  6. FY2024RestatedAnnual report

    「The dividend for the next fiscal year, ending March 2025, will be determined in light of business trends, the progress of investments and other factors. As of now, however, the company plans to maintain the amount paid in the current consolidated fiscal year, namely an ordinary dividend of ¥26 per share.」

    Under its policy of pursuing stable dividends while prioritizing growth investment, the company reconfirmed its plan to maintain the dividend at ¥26 per share for the fiscal year ending March 2025.
  7. FY2024-Q1AdvancedAnnual report

    「At a meeting of the Board of Directors held on 30 May 2023, the company resolved to pay dividends from surplus as follows.」

    The company paid an ordinary dividend of ¥26 per share on 16 June 2023, an increase of ¥2 from the previous fiscal year. It continued to put into practice its policy of balancing growth investment and stable dividends.
  8. FY2023RaisedAnnual report

    「The company regards returning profits to shareholders as one of its important management priorities. Recognizing that it remains in a growth phase, it will build up retained earnings and use them for growth investment to enhance corporate value as its top priority, while paying stable dividends as one shareholder return measure. It aims to achieve both growth and shareholder returns, and uses a payout ratio of 50% as one guideline, subject to achieving its business plan.」

    The company specified a payout ratio of 50% as a guideline in addition to its existing policy of prioritizing growth investment while paying stable dividends, and increased the ordinary dividend by ¥2 from the previous fiscal year to ¥26 per share.
  9. FY2023-Q3RestatedAnnual report

    「20 May 2022 Board of Directors Ordinary shares 357,784 24 31 March 2022 8 June 2022 Capital surplus」

    The payment of an ordinary dividend of ¥24 per share was confirmed in the statement of changes in shareholders' equity for the quarter.
  10. FY2023-Q1AdvancedAnnual report

    「At a meeting of the Board of Directors held on 20 May 2022, the company resolved to pay dividends from surplus as follows.」

    The company paid an ordinary dividend of ¥24 per share on 8 June 2022. Its policy of balancing growth investment and shareholder returns moved into the implementation phase.
  11. FY2022RaisedAnnual report

    「Under this policy, despite continued uncertainty in the market environment, business performed steadily in the current consolidated fiscal year and the company achieved record-high profit. In view of its ability to pursue continued profit growth in the next fiscal year, it paid an ordinary dividend of ¥24 per share, an increase of ¥6 from the previous fiscal year, to return profits to shareholders who support the company over the medium term.」

    Under its policy of pursuing stable dividends while prioritizing growth investment, the company increased the ordinary dividend from ¥18 to ¥24 per share. It announced plans to maintain the dividend at ¥24 per share in the next fiscal year as well.
  12. FY2022-Q1AdvancedAnnual report

    「At a meeting of the Board of Directors held on 21 May 2021, the company resolved to pay dividends from surplus as follows.」

    The ordinary dividend of ¥18 per share based on the previous consolidated fiscal year's results was paid on 8 June 2021. The balance between growth investment and shareholder returns moved into the implementation phase.
  13. FY2021RaisedAnnual report

    「In the current consolidated fiscal year, business performed steadily and the company achieved revenue growth, led by expansion in subscription-based sales. In light of its ability to continue pursuing revenue growth in the next fiscal year, among other factors, it paid an ordinary dividend of ¥18 per share, an increase of ¥2 from the previous consolidated fiscal year.」

    The company increased the dividend by ¥2 from the previous year's special dividend of ¥16 and paid an ordinary dividend of ¥18 per share. Its policy of balancing priority for growth investment with stable dividends became more concrete.
  14. FY2021-Q1AdvancedAnnual report

    「This was attributable to a ¥218.660 million decrease in capital surplus, mainly due to the payment of a special dividend funded by capital surplus from the previous consolidated fiscal year.」

    The special dividend of ¥16 per share introduced in FY2020 was paid on 9 June 2020. The policy of balancing growth investment with shareholder returns moved into concrete implementation.
  15. FY2020RaisedAnnual report

    「Going forward, the company will continue to prioritize growth investment to maintain high growth. It will change the special dividend paid in the current fiscal year to an ordinary dividend, seek to achieve both growth and shareholder returns, and work to enhance corporate value.」

    In addition to its previous policy of prioritizing retained earnings and growth investment, the company introduced a shareholder benefit program and a special dividend of ¥16 per share, and indicated that it would change to ordinary dividends going forward.
  16. FY2020-Q2RestatedAnnual report

    「The dividend per share is not presented because no dividend was paid.」

    No dividend had been paid as of the second quarter, consistent with the shareholder return policy of prioritizing growth investment.
  17. FY2020-Q1RestatedAnnual report

    「The dividend per share is not presented because no dividend was paid.」

    No dividend had been paid as of the first quarter, consistent with the policy of prioritizing retained earnings for growth investment.
  18. FY2019First statedAnnual report

    「For the time being, the company plans to build up retained earnings and use them for investments to strengthen and expand its earnings base, including strengthening its financial position, developing personnel and expanding its businesses.」

    The company has not paid dividends since its founding. For the time being, it plans to allocate retained earnings to growth investment and consider stable and ongoing profit returns to shareholders in the future.
Moved together

"Expansion of B2B and B2B2C solutions and diversification of the customer base" moved the same way as this thread, in the same document, in 11 of its 18 moves.

1199877★123456
  1. ★This thread
  2. 1Expansion of B2B and B2B2C solutions and diversification of the customer base11×
  3. 2Deepening coverage through existing media and expanding into financial information9×
  4. 3Using business acquisitions, corporate acquisitions, and partnerships with specialist companies9×
  5. 4Strengthening the revenue base of both the media and solutions businesses8×
  6. 5Predictable Recurring Revenue and EBITDA Growth7×
  7. 6Maintaining and Improving Service Quality and System Stability7×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Minkabu The Infonoid yet. It last moved in the Business Alliance of 2026-09-17: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Retained earnings prioritizing growth investments and future shareholder returns | MINKABU THE INFONOID,Inc. (4436) | Komori