Policy of prioritizing retained earnings and allocating them to future investment
First written in FY2016. 6 of 9 entries say "Restated". Latest entry: 2026-05-13.
10 other companies' latest entry also says "Advanced".
- FY2026-H1RaisedAnnual report
「Strengthening human and financial capital, specifically, employee development and workplace improvements, eliminating negative net worth and improving the equity ratio, and strengthening shareholder returns, including dividends」
In contrast to the previous policy of retaining earnings and paying no dividends, the company explicitly stated that strengthening shareholder returns, including dividends, is an objective of its capital and business alliance under the Second Medium-Term Management Plan. No specific dividend payment is stated. - FY2024RestatedAnnual report
「Accordingly, we are not paying dividends at present.」
We have reaffirmed our policy of prioritizing strengthening our financial position and future investment and not paying dividends for the current fiscal year as well. - FY2020RestatedAnnual report
「Accordingly, we are currently in a phase of investing for the future, and have retained all distributable profit without paying dividends.」
We have reaffirmed our policy of prioritizing future investment and strengthening our financial position and not paying dividends for the current fiscal year as well. - FY2019RestatedAnnual report
「We recognize returning profits to shareholders as an important management issue. While building retained earnings to strengthen our financial position and prepare for future business expansion, we intend to return profits to shareholders through stable and continuous dividend payments once we determine that the scale of our business and earnings have entered a period of stable growth. Accordingly, we are currently in a phase of investing for the future, and have retained all distributable profit without paying dividends.」
We have reaffirmed our policy of prioritizing future investment and strengthening our financial position, and building retained earnings without paying dividends until we enter a period of stable growth. - FY2018RestatedAnnual report
「Since our founding, we have retained all distributable profit and have not paid dividends in order to strengthen our financial position and prepare for future business expansion.」
We have reaffirmed our policy of prioritizing future investment and strengthening our financial position, and building retained earnings without paying dividends until we enter a period of stable growth. - FY2017RestatedAnnual report
「We recognize returning profits to shareholders as an important management issue. However, as we are currently in a phase of investing for the future and intend to continue focusing on building retained earnings to strengthen our financial position, once we determine that the scale of our business and earnings have entered a period of stable growth, we intend to return profits to shareholders through dividends, taking into account our operating performance and financial position.」
We have reaffirmed our policy of prioritizing future investment and strengthening our financial position, and building retained earnings without paying dividends until we enter a period of stable growth. - FY2016First statedAnnual report
「Since our founding, we have retained all distributable profit and have not paid dividends in order to strengthen our financial position and prepare for future business expansion.」
Until the scale of the business and earnings enter a period of stable growth, we prioritize strengthening our financial position and preparing for future business expansion.