No dividend while prioritizing financial position strengthening
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2021.
3 other companies' latest entry also says "Dropped".
- FY2021DroppedAnnual report
「The company worked to restore its performance across the organization, strengthened its financial position through deficit compensation in the previous fiscal year, and put in place the conditions for paying dividends to shareholders. As performance in the current fiscal year also continued to improve, it decided to resume dividend payments.」
The company ended a prolonged period of paying no dividends and paid a year-end dividend of ¥5 per share for the fiscal year, explicitly bringing the no-dividend period to an end. - FY2019RestatedAnnual report
「Regarding the year-end dividend for the current fiscal year, the company took its retained earnings position into consideration and, with great regret, paid no dividend. For the next fiscal year, it will also forgo the dividend for the same reason.」
The company again stated that it would forgo dividends for the current and next fiscal years. - FY2018RestatedAnnual report
「However, regarding the year-end dividend for the current fiscal year, the company took its retained earnings position into consideration and, with great regret, paid no dividend. For the next fiscal year, it will also forgo the dividend for the same reason.」
The company stated that it would forgo dividends for both the current and next fiscal years. - FY2017RestatedAnnual report
「However, regarding the year-end dividend for the current fiscal year, the company took its retained earnings position into consideration and, with great regret, paid no dividend. For the next fiscal year, it will also forgo the dividend for the same reason.」
The company stated that it would pay no dividend for both the current and next fiscal years. - FY2016First statedAnnual report
「However, regarding the year-end dividend for the current fiscal year, the company considered it appropriate as a management decision to prioritize strengthening its financial position and, with great regret, paid no dividend.」
The company stated that it paid no dividend for the current fiscal year despite its basic policy.