Dividend Policy Balancing Shareholder Returns and Retained Earnings
First written in FY2017. 7 of 9 entries say "Restated". Latest entry: 2026-05-20.
- FY2022RestatedAnnual report
「The company positions the return of profits to shareholders as one of management's most important policies. Its basic policy is to pay dividends while securing retained earnings necessary for future business development and comprehensively considering its financial position, profit levels, payout ratio and other factors.」
The company reconfirms a dividend policy that balances shareholder returns with retained earnings for future investment. - FY2021RestatedAnnual report
「The company positions the return of profits to shareholders as one of management's most important policies. Its basic policy is to pay dividends while securing retained earnings necessary for future business development and comprehensively considering its financial position, profit levels, payout ratio and other factors.」
The company reconfirms a dividend policy that balances shareholder returns with retained earnings for future investment. - FY2020RestatedAnnual report
「The company positions the return of profits to shareholders as one of management's most important policies. Its basic policy is to pay dividends while securing retained earnings necessary for future business development and comprehensively considering its financial position, profit levels, payout ratio and other factors.」
The company reconfirms a dividend policy that balances shareholder returns with retained earnings for future investment. - FY2019RestatedAnnual report
「The company positions the return of profits to shareholders as one of management's most important policies. Its basic policy is to pay dividends while securing retained earnings necessary for future business development and comprehensively considering its financial position, profit levels, payout ratio and other factors.」
The company reconfirms a dividend policy that balances shareholder returns with retained earnings necessary for future business development. - FY2018RestatedAnnual report
「The company positions the return of profits to shareholders as one of management's most important policies. Its basic policy is to pay dividends while securing retained earnings necessary for future business development and comprehensively considering its financial position, profit levels, payout ratio and other factors.」
The company reconfirms a dividend policy that balances shareholder returns with retained earnings for future investment. - FY2017First statedAnnual report
「The company positions the return of profits to shareholders as one of management's most important policies. Its basic policy is to pay dividends while securing retained earnings necessary for future business development and comprehensively considering its financial position, profit levels, payout ratio and other factors.」
The company explicitly states a dividend policy that prioritizes shareholder returns while securing retained earnings necessary for future investment.