No-Dividend Policy Prioritizing Retained Earnings
First written in FY2022. 6 of 11 entries say "Restated". Latest entry: FY2027-H1.
72 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「Board of Directors meeting held on 14 January 2026 Common shares 77,263 22 30 November 2025 27 February 2026 Retained earnings」
The ¥22-per-share dividend for the fiscal year ended November 2025 was paid on 27 February 2026. The company continues to implement its policy of providing ongoing returns to shareholders. - 2026-04-13RestatedEarnings
「Fiscal year ending December 2026 (forecast) 0.00 — 22.00 22.00」
The annual dividend forecast for the fiscal year ending December 2026 remains ¥22, unchanged from the most recently announced forecast. - FY2025RaisedAnnual report
「After comprehensively considering the results of operations and financial position for the fiscal year, we increased the year-end dividend by ¥1 per share from ¥21 in the previous fiscal year to ¥22.」
The dividend per share was increased from ¥21 in the previous fiscal year to ¥22. The basic policy is to maximize shareholder returns, pay an annual year-end dividend, and allocate retained earnings to business development. - FY2025-H1RestatedAnnual report
「Board of Directors, 14 January 2025 Common shares 74,078 21 30 November 2024 28 February 2025 Retained earnings」
The ¥21 per share dividend for the fiscal year ended November 2024 was paid on 28 February 2025, implementing the policy of providing continuing returns to shareholders. - FY2024RaisedAnnual report
「Regarding the dividend from retained earnings for the fiscal year, after comprehensively considering the fiscal year's results and financial position, among other factors, we increased the dividend by ¥1 per share from ¥20 per share in the previous fiscal year to ¥21 per share.」
The Company increased the dividend from the initial ¥20 per share to ¥21 per share and has adopted as its basic policy maximizing shareholder returns, paying an annual year-end dividend, and allocating retained earnings to business development. - FY2024-Q1AchievedAnnual report
「Resolution Type of shares Total dividends (¥ million) Dividend per share (¥) Record date Effective date Source of dividend 29 January 2024 Board of Directors Common shares 69 20 30 November 2023 29 February 2024 Retained earnings」
The initial dividend of ¥20 per share resolved for the fiscal year ended November 2023 became effective and was paid on 29 February 2024. - FY2023ReframedAnnual report
「The Company had not paid dividends since its establishment, but for the fiscal year ended November 2023, after comprehensively considering the securing of retained earnings, its financial position and operating results, among other factors, it decided that it would be possible to provide shareholders with continuing returns and paid a dividend from retained earnings. The Board of Directors resolved to pay an initial dividend of ¥20 per share.」
The Company changed from its previous policy of not paying dividends for the time being and prioritizing retained earnings to paying its first dividend for the fiscal year ended November 2023 and providing continuing returns to shareholders going forward. - FY2023-Q3RestatedAnnual report
「Dividend payments Not applicable.」
The Company disclosed that it did not pay dividends during the nine months ended December 31. - FY2023-Q2RestatedAnnual report
「Dividend payments Not applicable.」
The Company disclosed that it did not pay dividends during the six months ended September 30. - FY2023-Q1RestatedAnnual report
「Dividend payments Not applicable.」
The Company disclosed that it did not pay dividends during the quarter. - FY2022First statedAnnual report
「The Company is in the process of expanding its growth. Believing that strengthening its financial position and maintaining ample retained earnings are important to ensuring long-term stability of its management base and the continued expansion and development of its business, it has not paid dividends since its establishment and plans to continue building retained earnings for the time being.」
The Company has stated a policy of prioritizing the strengthening of its financial position and business investment and not paying dividends for the time being. At the same time, the possibility of future dividend payments remains undecided.