No-Dividend Policy
First written in FY2016-Q2. 34 of 36 entries say "Restated". Latest entry: FY2026-H1.
33 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「As we do not pay dividends, the dividend per share is not disclosed.」
The continuation of the no-dividend status has been reconfirmed. - FY2025RestatedAnnual report
「We believe that investing in the expansion of services and the development of our organisation to achieve further growth will contribute to maximising shareholder value. Our basic policy for the foreseeable future is therefore to build up and effectively utilise retained earnings as the source of funds. The possibility and timing of future dividend payments remain undecided.」
The Company has continued not to pay dividends, and its policy of prioritising investment in service expansion and organisational development and the accumulation of retained earnings, as well as the undecided timing of future dividend payments, has been reconfirmed. - FY2025-H1RestatedAnnual report
「As we do not pay dividends, the dividend per share is not disclosed.」
The continuation of the no-dividend status has been reconfirmed. - FY2024RestatedAnnual report
「We believe that investing in the expansion of services and the development of our organisation to achieve further growth will contribute to maximising shareholder value. Our basic policy for the foreseeable future is therefore to build up and effectively utilise retained earnings as the source of funds. The possibility and timing of future dividend payments remain undecided.」
The Company has reconfirmed its policy of continuing not to pay dividends and prioritising investment in service expansion and organisational development and the accumulation of retained earnings, while the possibility and timing of dividends remain undecided. - FY2024-Q2RestatedAnnual report
「As we do not pay dividends, the dividend per share is not disclosed.」
The continuation of the no-dividend status has been reconfirmed. - FY2024-Q1RestatedAnnual report
「As we do not pay dividends, the dividend per share is not disclosed.」
The continuation of the no-dividend status has been reconfirmed. - FY2023RestatedAnnual report
「We believe that investing in the expansion of services and the development of our organisation to achieve further growth will contribute to maximising shareholder value. Our basic policy for the foreseeable future is therefore to build up and effectively utilise retained earnings as the source of funds. The possibility and timing of future dividend payments remain undecided.」
The Company has reconfirmed its policy of continuing not to pay dividends and prioritising investment in service expansion and organisational development and the accumulation of retained earnings. - FY2023-Q3RestatedAnnual report
「As we do not pay dividends, the dividend per share is not disclosed.」
The continuation of the no-dividend status is reiterated. - FY2023-Q2RestatedAnnual report
「As we do not pay dividends, the dividend per share is not disclosed.」
The continuation of the no-dividend status is reiterated. - FY2023-Q1RestatedAnnual report
「As we do not pay dividends, the dividend per share is not disclosed.」
The continuation of the no-dividend status is reiterated. - FY2022-Q3RestatedAnnual report
「As we do not pay dividends, the dividend per share is not disclosed.」
The continuation of the no-dividend status is reiterated. - FY2022-Q2RestatedAnnual report
「As we do not pay dividends, the dividend per share is not disclosed.」
The continuation of the no-dividend status is reiterated. - FY2022-Q1RestatedAnnual report
「As we do not pay dividends, the dividend per share is not disclosed.」
The continuation of the no-dividend status is reiterated. - FY2021RestatedAnnual report
「We believe that investing in the expansion of services and the development of our organisation to achieve further growth will contribute to maximising shareholder value, and our basic policy is to build up retained earnings as the source of such investment. The possibility and timing of future dividend payments remain undecided.」
The Company has continued not to pay dividends, and its policy of prioritising investment in service expansion and organisational development and the accumulation of retained earnings, as well as the undecided timing of future dividend payments, has been reconfirmed. - FY2021-Q3RestatedAnnual report
「As we do not pay dividends, the dividend per share is not disclosed.」
The continuation of the no-dividend status is reiterated. - FY2021-Q2RestatedAnnual report
「As we do not pay dividends, the dividend per share is not disclosed.」
The continuation of the no-dividend status is reiterated. - FY2021-Q1RestatedAnnual report
「As we do not pay dividends, the dividend per share is not disclosed.」
The continuation of the no-dividend status is reiterated. - FY2020RestatedAnnual report
「We believe that investing in the expansion of services and the development of our organisation to achieve further growth will contribute to maximising shareholder value. Our basic policy for the foreseeable future is therefore to build up and effectively utilise retained earnings as the source of funds. The possibility and timing of future dividend payments remain undecided.」
The Company has continued not to pay dividends, and its policy of prioritising investment in service expansion and organisational development and the accumulation of retained earnings, as well as the undecided timing of future dividends, has been reconfirmed. - FY2020-Q3RestatedAnnual report
「1. Dividends paid Not applicable.」
The report indicates that no dividends were paid during the nine-month consolidated period ended [the current quarter], and that the no-dividend status continues. - FY2020-Q2RestatedAnnual report
「1. Dividends paid Not applicable.」
The report indicates that no dividends were paid during the six-month consolidated period ended [the current quarter], and that the no-dividend status continues. - FY2020-Q1RestatedAnnual report
「Dividend payments Not applicable」
The report indicates that no dividends were paid during the three-month consolidated period ended [the current quarter], and that the no-dividend status continues. - FY2019-Q3RestatedAnnual report
「As we do not pay dividends, the dividend per share is not disclosed.」
The absence of dividends is reiterated, and the report indicates that no dividend payments were made during the nine-month period ended [the current quarter]. - FY2019-Q2RestatedAnnual report
「As we do not pay dividends, the dividend per share is not disclosed.」
The absence of dividends is reiterated, and the report indicates that no dividend payments were made during the six-month period ended [the current quarter]. - FY2019-Q1RestatedAnnual report
「As we do not pay dividends, the dividend per share is not disclosed.」
The absence of dividends is reiterated, and the report indicates that no dividend payments were made during the three-month period ended [the current quarter]. - FY2018RestatedAnnual report
「The Company has never paid a dividend since its establishment, and its basic policy for the foreseeable future is to build up and effectively utilise retained earnings as the source of funds. The possibility and timing of future dividend payments remain undecided.」
The annual report reconfirms that the Company has paid no dividends since its establishment, intends to use retained earnings for growth investments, and has not determined the timing of future dividend payments. - FY2018-Q3RestatedAnnual report
「As we do not pay dividends, the dividend per share is not disclosed.」
The absence of dividends is reiterated, and the report indicates that no dividend payments were made during the nine-month period ended [the current quarter]. - FY2018-Q2RestatedAnnual report
「As we do not pay dividends, the dividend per share is not disclosed.」
The absence of dividends is reiterated, and the report indicates that no dividend payments were made during the six-month period ended [the current quarter]. - FY2018-Q1RestatedAnnual report
「As we do not pay dividends, the dividend per share is not disclosed.」
The no-dividend policy is reiterated, and dividend payments for the three-month period ended [the current quarter] are stated as not applicable. - FY2017SoftenedAnnual report
「The Company has never paid a dividend since its establishment. We believe that attractive business opportunities exist, or can be newly identified, not only in our existing areas but also in adjacent areas for some time to come. We therefore believe that investing in the expansion of services and the development of our organisation to achieve further growth will contribute to maximising shareholder value, and our basic policy is to build up retained earnings as the source of such investment. At the same time, we recognise that returning profits to shareholders is an important management issue, and our policy is to seek to pay dividends to shareholders while comprehensively considering the development of our business foundation, future business expansion, operating performance and financial position. The possibility and timing of future dividend payments remain undecided.」
Although the Company has continued not to pay dividends since its establishment, the disclosure now sets out both a policy of prioritising retained earnings and a policy of seeking to pay dividends in the future. The timing of any dividend payments remains undecided. - FY2017-Q3RestatedAnnual report
「As we do not pay dividends, the dividend per share is not disclosed.」
The absence of dividends is reiterated, and the report indicates that no dividend payments were made during the nine-month period ended [the current quarter]. - FY2017-Q2RestatedAnnual report
「As we do not pay dividends, the dividend per share is not disclosed.」
The absence of dividends is reiterated, and dividend payments for the six-month period ended [the current quarter] are stated as not applicable. - FY2017-Q1RestatedAnnual report
「As we do not pay dividends, the dividend per share is not disclosed.」
The absence of dividends is reiterated, and dividend payments for the three-month period ended [the current quarter] are stated as not applicable. - FY2016-Q3RestatedAnnual report
「As we do not pay dividends, the dividend per share is not disclosed.」
The no-dividend policy is reiterated, and the report indicates that no dividend payments were made during the period. - FY2016-Q2First statedAnnual report
「As we do not pay dividends, the dividend per share is not disclosed.」
It is explicitly stated that no dividends are paid.