Shareholder Return Policy Prioritizing Retained Earnings
First written in FY2022. 8 of 9 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2017: 1 of 12 companies on the "Worse" side.
31 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「1. Dividend payments Not applicable. 2. Dividends for which the record date falls within the current interim consolidated accounting period and whose effective date falls after the end of the current interim consolidated accounting period Not applicable.」
No dividends were paid or scheduled during the interim cumulative consolidated accounting period. - FY2025RestatedAnnual report
「Under this policy, we are not currently paying dividends. Nevertheless, we recognise returning profits to shareholders as an important management issue. We plan to consider paying dividends in the future, taking into account the balance with retained earnings and the financial position, operating results and other factors for each fiscal year. At present, however, the possibility and timing of dividend payments remain undecided.」
The company continues its policy of prioritising retained earnings and business investment and remaining non-dividend-paying at present. - FY2025-H1RestatedAnnual report
「1. Dividend payments Not applicable. 2. Dividends for which the record date falls within the current interim consolidated accounting period and whose effective date falls after the end of the current interim consolidated accounting period Not applicable.」
No dividends were paid or scheduled during the interim cumulative consolidated accounting period. - FY2024RestatedAnnual report
「Accordingly, we are not currently paying dividends, but recognise returning profits to shareholders as an important management issue. We plan to consider paying dividends in the future, taking into account the balance with retained earnings and the financial position, operating results and other factors for each fiscal year. At present, however, the possibility and timing of dividend payments remain undecided.」
The company continues to prioritise retained earnings and business investment and not pay dividends at present. - FY2024-Q2RestatedAnnual report
「1. Dividends paid: Not applicable. 2. Dividends with a record date in the six-month period of the second quarter for which the effective date falls after the end of the second quarter consolidated accounting period: Not applicable.」
No dividends were paid or scheduled during the second quarter cumulative consolidated period. - FY2024-Q1RestatedAnnual report
「Dividend payments: Not applicable.」
The company indicates that no dividends were paid during the first quarter cumulative consolidated period. - FY2023-Q3RestatedAnnual report
「Per-share dividends are not presented because no dividends were paid.」
No dividend was paid in the cumulative third-quarter period either. - FY2023-Q2RestatedAnnual report
「Per-share dividends are not presented because no dividends were paid.」
The company reiterates that it did not pay a dividend during the quarter. - FY2022First statedAnnual report
「We recognise that we are currently in a growth phase and believe that strengthening retained earnings and prioritising their allocation to investments to expand the scale of the business and strengthen earnings power will lead to maximising corporate value in the future and providing continuing returns to shareholders. We have not paid dividends since our establishment.」
While the company indicates that it will consider future dividends, it is not currently paying dividends.