Policy of prioritizing retained earnings and considering future dividends
First written in FY2017. 6 of 13 entries say "Raised", first in FY2024. Latest entry: FY2026.
The whole theme swung hardest in 2017: 1 of 12 companies on the "Worse" side.
6 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「We decided to retain a certain amount of retained earnings as working capital and strategic investment funds, including M&A and capital expenditures, and to allocate any excess to shareholder returns. For the fiscal year ending June 2026, we resolved to pay a year-end dividend of ¥18.00 per share in accordance with our policy of maintaining a payout ratio of at least 40%.」
The company changed from its previous policy of prioritizing retained earnings to allocating the surplus remaining after securing working capital and strategic investment funds to shareholder returns, and indicated a payout ratio of at least 40% and a dividend of ¥18 per share. - FY2025-H1RestatedAnnual report
「This was attributable to the recording of interim net income attributable to owners of the parent of ¥93.218 million, while dividend payments amounted to ¥88.733 million and stock acquisition rights decreased by ¥25.083 million due to their maturity and redemption, among other factors.」
Dividends were paid in accordance with the profit distribution policy, with dividend payments of ¥88.733 million made during the interim consolidated accounting period. - FY2024RaisedAnnual report
「For the fiscal year ended June 2024, the company resolved to pay a year-end dividend of ¥15.00 per share in accordance with its policy of maintaining a payout ratio of at least 30%.」
The company increased the dividend from the previous year’s initial dividend of ¥10 per share to ¥15 per share and stated a policy of maintaining a payout ratio of at least 30%. - FY2024-Q1AchievedAnnual report
「At a meeting of the Board of Directors held on 10 August 2023, the company resolved to pay a year-end dividend as follows.」
The company paid a year-end dividend for the fiscal year ended June 2023 totaling ¥59.07 million, or ¥10 per share, on 7 September 2023. - FY2023AchievedAnnual report
「As consolidated results for the year-end showed that retained earnings had reached a certain level, the company resolved to pay an initial dividend to return profits to shareholders while securing capacity for growth investment and pursuing shareholder returns. It resolved to pay a year-end dividend of ¥10.00 per share for the fiscal year ended June 2023.」
The company progressed from its previous policy of prioritizing retained earnings and considering future dividends to paying its first dividend for the fiscal year ended June 2023. The payout ratio was 21.7%. - FY2020RestatedAnnual report
「At the end of the 17th fiscal year, retained earnings brought forward were still negative, and the company’s policy was to prioritize strengthening retained earnings to secure the funds required for biomarker development, overseas expansion and other purposes.」
Because retained earnings brought forward are negative, the company continues to prioritize retained earnings while considering future dividends. - FY2019RestatedAnnual report
「We will prioritize strengthening retained earnings to secure the funds required for biomarker development, overseas expansion and other purposes. However, we recognize the return of profits to shareholders as an important management issue, and will consider paying dividends in light of future operating results and financial position.」
The company has reaffirmed its policy of prioritizing retained earnings while considering future dividends. - FY2017First statedAnnual report
「We will prioritize strengthening retained earnings to secure the funds required for biomarker development, overseas expansion and other purposes. However, we recognize the return of profits to shareholders as an important management issue, and will consider paying dividends in light of future operating results and financial position.」
Because retained earnings brought forward are negative, the company has indicated a policy of prioritizing retained earnings while considering future dividend payments.