Continuation of Stable Dividends and Early Resumption of Dividend Payments
First written in FY2016. 2 of 9 entries say "Advanced", first in FY2017. Latest entry: FY2024.
- FY2024RestatedAnnual report
「While maintaining a sound financial position capable of withstanding changes in the business environment and increasing retained earnings for business expansion, the company will work to improve its performance so that it can continue paying stable dividends to shareholders.」
The company continues its policy of pursuing stable dividends while maintaining a sound financial position and retained earnings. - FY2023RestatedAnnual report
「The areas in which the company operates are heavily influenced by the state of global capital investment, and the company's high export ratio makes fluctuations in performance unavoidable. While maintaining a sound financial position capable of withstanding changes in the business environment and increasing retained earnings for business expansion, the company will work to improve performance so that it can continue paying stable dividends to shareholders.」
The policy of maintaining a sound financial position and retained earnings and pursuing stable dividends remains in place. - FY2020SoftenedAnnual report
「Although the next fiscal year will be significantly affected by the spread of COVID-19, the company will work to improve performance in the latter half of the period and achieve an early return to dividends. However, based on the significant decline in performance in the current fiscal year and the performance forecast for the next fiscal year, the company expects to be unable to secure funds for dividends and will therefore pay no dividend.」
The policy of seeking an early return to dividends remains, but the company explicitly stated that it will pay no dividend for the next fiscal year as well, making the timing of a return to dividends even more uncertain. - FY2019SoftenedAnnual report
「The company did not pay a dividend for the current fiscal year because performance fell significantly below the initial forecast due to the impact of US-China trade friction. Although uncertainty remains in the market environment for the next fiscal year, the company will work to restore performance and achieve an early return to dividends. In light of these circumstances, the dividend forecast is currently undecided and will be determined after assessing business conditions.」
Following the return to dividends achieved in the previous fiscal year, the company returned to no dividend for the current fiscal year, and the dividend forecast for the next fiscal year also became undecided. The policy of returning to dividends remains, but the timing has become less specific. - FY2019-Q1AchievedAnnual report
「22 February 2019 Annual General Meeting of Shareholders Common stock Retained earnings 95 15.00 30 November 2018 25 February 2019」
The year-end dividend of ¥15 per share, decided as the first dividend payment in 10 fiscal years, was paid on 25 February 2019, for a total dividend payment of ¥95 million. - FY2018AchievedAnnual report
「Although the year-end dividend for the current fiscal year will be the first dividend payment in 10 fiscal years, we intend to pay ¥15 per share.」
The return to dividends prepared for since the previous fiscal year was realized, with a dividend of ¥15 per share paid for the first time in 10 fiscal years. - FY2018-Q1AdvancedAnnual report
「Pursuant to a resolution at the 107th Annual General Meeting of Shareholders held on 23 February 2018, the company reduced its capital reserve by ¥2,600 million and transferred the same amount to other capital surplus as of 23 February 2018. Of the transferred other capital surplus, ¥2,224 million was also transferred to retained earnings brought forward to make up the deficit.」
Following the previous year's announcement of preparations for a return to dividends, the company reduced its capital reserve by ¥2,600 million and made up the deficit using ¥2,224 million from other capital surplus. - FY2017AdvancedAnnual report
「For the next fiscal year, the market environment is expected to remain solid and a certain level of profit is also expected. Accordingly, we intend to make up the deficit using capital reserves and other funds and proceed with preparations for a return to dividend payments.」
The policy on stable dividends and an early return to dividends moved to the concrete stage of making up the deficit using capital reserves and other funds and preparing for a return to dividends in the next fiscal year. - FY2016First statedAnnual report
「While maintaining a sound financial position capable of withstanding changes in the business environment and increasing retained earnings for business expansion, the company is working to improve its performance so that it can continue paying stable dividends to shareholders.」
The company stated a policy of maintaining a sound financial position and retained earnings, continuing stable dividends and seeking an early return to dividend payments.