Business Investment Prioritizing Retained Earnings and Future Returns to Shareholders
First written in FY2019. 9 of 20 entries say "Restated". Latest entry: 2026-09-17.
129 other companies' latest entry also says "Restated".
- FY2025RaisedAnnual report
「The company regards returning profits to shareholders as one of its highest management priorities. Taking into account the need to strengthen its financial position and build retained earnings required for proactive business development, its basic policy is to maintain a payout ratio of 35%. It has also set ¥20.00 per share as the minimum dividend during the period of its medium-term management plan.」
While maintaining a 35% payout ratio, the company newly set a minimum dividend of ¥20.00 per share during the period of its medium-term management plan, and the dividend for the current fiscal year increased to ¥21.30. - FY2024AdvancedAnnual report
「The company regards returning profits to shareholders as one of its highest management priorities. Taking into account the need to strengthen its financial position and build retained earnings required for proactive business development, its basic policy is to maintain a payout ratio of 35%. For the current fiscal year, dividends from retained earnings were set at ¥20.00 per share under this basic policy.」
While maintaining its basic policy of a 35% payout ratio, the company increased the dividend per share from ¥17.00 in the previous fiscal year to ¥20.00. - FY2024-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 8 December 2023, the company resolved to pay a year-end dividend as follows to shareholders recorded on the shareholder registry as of 31 October 2023.」
The company has continued to disclose a year-end dividend of ¥17.00 per share, totaling ¥179.490 million, under its basic policy of maintaining a 35% payout ratio. - FY2024-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 8 December 2023, the company resolved to pay a year-end dividend as follows to shareholders recorded on the shareholder registry as of 31 October 2023.」
With a 35% payout ratio as its basic policy, the company paid a year-end dividend of ¥17.00 per share, totaling ¥179.490 million, on 9 January 2024. - FY2023AdvancedAnnual report
「The company regards returning profits to shareholders as one of its highest management priorities. Taking into account the need to strengthen its financial position and build retained earnings required for proactive business development, its basic policy is to maintain a payout ratio of 35%. For the current fiscal year, dividends from retained earnings were set at ¥17.00 per share under this basic policy.」
While maintaining its basic policy of a 35% payout ratio, the dividend per share increased from ¥10.60 in the previous fiscal year to ¥17.00. - FY2023-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 9 December 2022, the company resolved to pay a year-end dividend as follows to shareholders recorded on the shareholder registry as of 31 October 2022.」
There was no change to the policy of maintaining a 35% payout ratio. The company paid a year-end dividend of ¥10.60 per share, totaling ¥111.569 million, on 12 January 2023. - FY2022Disclosure of the payout ratio and decrease in dividend per shareAnnual report
「The company regards returning profits to shareholders as one of its highest management priorities. Taking into account the need to strengthen its financial position and build retained earnings required for proactive business development, its basic policy is to maintain a payout ratio of 35%. For the current fiscal year, dividends from retained earnings were set at ¥10.60 per share under this basic policy.」
While explicitly setting a 35% payout ratio as its basic policy, the dividend per share declined from ¥12.90 in the previous fiscal year to ¥10.60. The company continues to allocate retained earnings to business development and investment in growth services. - FY2022-Q2RestatedAnnual report
「10 December 2021 Board of Directors meeting Common shares ¥134.040 million ¥12.90 31 October 2021 6 January 2022 Retained earnings」
The company continued to pay a dividend of ¥12.90 per share, totaling ¥134.040 million, under its stable dividend policy. - FY2022-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 10 December 2021, the company resolved to pay a year-end dividend as follows to shareholders recorded on the shareholder registry as of 31 October 2021.」
Under its stable dividend policy, the company paid a year-end dividend of ¥12.90 per share, totaling ¥134.040 million. - FY2021AdvancedAnnual report
「For the current fiscal year, dividends from retained earnings are set at ¥12.90 per share under the basic policy of maintaining stable dividends. Retained earnings will be allocated to prepare for future business development and to make proactive investments in growth services.」
While maintaining its stable dividend policy, the dividend per share increased from ¥10.80 in the previous fiscal year to ¥12.90. The company stated that retained earnings would be allocated to business development and investment in growth services. - FY2021-Q3RestatedAnnual report
「10 December 2020 Board of Directors meeting Common shares ¥112.161 million ¥10.80 31 October 2020 6 January 2021 Retained earnings」
The company disclosed a dividend payment of ¥10.80 per share, totaling ¥112.161 million, under its stable dividend policy, with no material change to the dividend policy. - FY2021-Q1RestatedAnnual report
「Based on a resolution of the Board of Directors meeting held on 10 December 2020, we acquired 120,000 treasury shares. As a result, treasury shares increased by ¥195.240 million during the cumulative first-quarter period, and treasury shares amounted to ¥195.330 million at the end of the first quarter.」
This quotation indicates that the company carried out a share repurchase, but does not state any change to the dividend policy itself. Under the stable dividend policy, it also records payment of a dividend of ¥10.80 per share, totaling ¥112.161 million, during the quarter. - FY2020AdvancedAnnual report
「We have positioned returning profits to shareholders as 1 of our most important management issues and have adopted a basic policy of paying stable dividends after considering the need to build retained earnings for strengthening our financial position and pursuing proactive business expansion. Based on the basic policy of continuing stable dividends, the dividend from surplus for the fiscal year was ¥10.80 per share.」
Based on the previous stable dividend policy, a dividend of ¥10.80 per share was paid for the fiscal year. - FY2020-Q3RestatedAnnual report
「We regard returning profits to shareholders as 1 of our important management issues. Our basic dividend policy is to continue paying stable dividends to shareholders in line with results of operations, after taking into account the status of retained earnings and the business environment surrounding the company, while strengthening earnings capacity and developing our business foundation.」
The basic policy of continuing stable dividends in line with results of operations, after strengthening earnings capacity and the business foundation and taking retained earnings and the business environment into account, is reiterated. - FY2020-Q1ReframedAnnual report
「We regard returning profits to shareholders as 1 of our important management issues. Our basic dividend policy is to continue paying stable dividends to shareholders in line with results of operations, after taking into account the status of retained earnings and the business environment surrounding the company, while strengthening earnings capacity and developing our business foundation.」
The explanation was reorganized from the previous policy of prioritizing business investment funded by retained earnings and returning profits to shareholders in the future to a basic policy of continuing stable dividends in line with results of operations while strengthening earnings capacity and the business foundation. It also states that dividends may not be paid if results of operations deteriorate. - FY2019First statedAnnual report
「We believe that we are still in the growth phase, and that further strengthening retained earnings and applying them to investments to strengthen our management base and expand our business will provide the greatest return to shareholders.」
The company has paid no dividends since its founding and intends, for the time being, to apply retained earnings to business expansion while implementing stable and continuous returns to shareholders in the future.