Year-end dividend not paid due to negative retained earnings
First written in FY2016. 1 of 3 entries say "Restated". Latest entry: FY2018.
0 other companies' latest entry also says "Dropped".
- FY2018DroppedAnnual report
「After comprehensively considering the fiscal year's performance and financial position, the company submitted a proposal for a dividend of ¥2 per share, totaling ¥44.103 million, at its 26th Annual General Meeting of Shareholders held on 29 November 2018. The proposal was approved.」
The statement concerning the suspension of the year-end dividend due to negative retained earnings was removed, and a year-end dividend of ¥2 per share was approved. - FY2017RestatedAnnual report
「However, after taking into account the negative retained earnings reported on the balance sheet for the fiscal year, the company regrettably decided not to pay a year-end dividend.」
Despite reporting net income for the fiscal year, the company suspended the year-end dividend because retained earnings were negative. - FY2016First statedAnnual report
「However, after taking into account the negative retained earnings reported on the consolidated balance sheet for the fiscal year, the company regrettably decided not to pay a year-end dividend.」
Although the company has stated a dividend policy, it suspended the year-end dividend for the fiscal year because retained earnings were negative.