Shareholder Return Policy Prioritizing Retained Earnings
First written in FY2018. 12 of 24 entries say "Restated". Latest entry: FY2026.
- FY2026Increase in dividend per shareAnnual report
「The Company recognizes returning profits to shareholders as one of its highest management priorities. Its basic policy is to improve long-term shareholder value through measures such as improved capital efficiency, maintain appropriate retained earnings for agile growth investment, and maintain stable dividends with a target consolidated dividend on equity (DOE) of 5%.」
The Company continues its stable dividend policy with a DOE target of 5%, and the year-end dividend for the fiscal year ending February 2026 was ¥9 per share. The dividend increased from ¥8 per share in the previous fiscal year. - FY2026-H1Increase in dividend per shareAnnual report
「28 May 2025 Annual General Meeting of Shareholders Common shares 58,645 8 28 February 2025 29 May 2025 Retained earnings」
The Company paid ¥8 per share from retained earnings as the dividend for the fiscal year ending February 2025. The dividend increased from ¥7 per share in the previous fiscal year. - FY2025-Q1RestatedAnnual report
「29 May 2024 Annual General Meeting of Shareholders Common shares 51,120 7 29 February 2024 30 May 2024 Retained earnings」
The resumption of dividends decided for the fiscal year ending February 2024, at ¥7 per share, was paid from retained earnings on 30 May 2024. - FY2024RaisedAnnual report
「As stated in the medium-term management plan, the Company's shareholder return policy is to pay stable dividends with a target dividend on equity (DOE) of 5%, while retained earnings will be used to fund investment to expand the business. …The Company decided to resume dividend payments from the current fiscal year.」
The Company resumed dividends from the fiscal year ending February 2024 after suspending them following the fiscal year ended February 2021, and decided on a dividend of ¥7 per share. Its policy changed from no dividends and prioritizing investment to combining stable dividends with a DOE target of 5% and growth investment. - FY2023RestatedAnnual report
「With respect to dividends from surplus, the Company decided not to pay a year-end dividend for the fiscal year ending February 2023 in order to strengthen retained earnings, prioritizing business expansion and efficiency through investment in advertising, development, recruitment and other areas from the next fiscal year onward.」
While maintaining stable dividends as its basic policy, the Company continued to prioritize business investment, efficiency improvements and retained earnings over the previous fiscal year, and paid no year-end dividend for the fiscal year ending February 2023. - FY2023-Q1RestatedAnnual report
「Cumulative first-quarter consolidated period (1 March 2022 to 31 May 2022) 1. Dividend payments Not applicable.」
No dividends were paid during the cumulative first-quarter period, and the non-payment of the year-end dividend announced at the end of the previous fiscal year continues. No new shareholder return target is stated. - FY2022SoftenedAnnual report
「With respect to dividends from surplus for the current fiscal year, the Company decided not to pay a year-end dividend for the fiscal year ending February 2022 in order to strengthen retained earnings, prioritizing business expansion and efficiency through investment in advertising, development, recruitment and other areas from the next fiscal year onward. This decision was based, among other factors, on the progress of the matching app “PairFull,” launched in November 2020, falling significantly below the initial plan, and the high likelihood that the contract and collection agency services for NHK's broadcasting reception fees would end in September 2023, as announced on 13 January 2022.」
The Company changed from paying dividends under its previous stable dividend policy to making the year-end dividend for the fiscal year ending February 2022 zero, citing the poor progress of PairFull and the possibility that its NHK services would end, and explaining that business investment and retained earnings would be prioritized. - FY2022-Q3RestatedAnnual report
「28 May 2021 Annual General Meeting of Shareholders Common shares 36,034 5.00 28 February 2021 31 May 2021 Retained earnings」
The Company restated that it paid a dividend of ¥5 per share from retained earnings, with a record date at the end of February 2021, and did not indicate any change from its stable dividend policy. - FY2022-Q2RestatedAnnual report
「28 May 2021 Annual General Meeting of Shareholders Common shares 36,034 5.00 28 February 2021 31 May 2021 Retained earnings」
The Company disclosed again in the second quarter that it paid a dividend of ¥5 per share from retained earnings, with a record date at the end of February 2021. No change from the stable dividend policy is stated. - FY2022-Q1RestatedAnnual report
「28 May 2021 Annual General Meeting of Shareholders Common shares 36,034 5.00 28 February 2021 31 May 2021 Retained earnings」
A dividend of ¥5 per share, with a record date at the end of February 2021, was paid from retained earnings. No change from the stable dividend policy stated in the previous year is disclosed. - FY2021RestatedAnnual report
「The Company considers returning profits to shareholders one of its important management priorities. To achieve this, it is working to build a highly profitable corporate structure and continuously improve return on equity, while maintaining stable dividends in line with performance as its basic policy.」
The Company continues to pursue a basic policy of profit returns and stable dividends and intends to pay a dividend of ¥5 per share for the current fiscal year as well. - FY2021-Q1RestatedAnnual report
「28 May 2020 Annual General Meeting of Shareholders Common shares 35,823 5.00 29 February 2020 29 May 2020 Retained earnings」
A dividend of ¥5 per share, with a record date of 29 February 2020, was paid from retained earnings on 29 May 2020. This was in line with the stable dividend policy stated for the previous fiscal year, and no new shareholder return policy was stated. - FY2020ReframedAnnual report
「The Company considers returning profits to shareholders one of its important management priorities. To achieve this, it is working to build a highly profitable corporate structure and continuously improve return on equity, while maintaining stable dividends in line with performance as its basic policy. For dividends from surplus for the current fiscal year, the Company has set the dividend at ¥5 per share under its basic policy of maintaining stable dividends on an ongoing basis.」
The Company's stated position changed from prioritizing retained earnings and growth investment to making profit returns and stable dividends its basic policy, and it decided to pay a dividend of ¥5 per share for the year. - FY2020-Q3RestatedAnnual report
「Common shares 28,473 12.00 28 February 2019 30 May 2019 Retained earnings」
The Company continues to disclose a record of dividends on common shares funded from retained earnings. No future shareholder return target or new change in dividend policy is stated. - FY2020-Q2RestatedAnnual report
「Cash flows from financing activities decreased by ¥25,977 thousand. This was mainly attributable to proceeds of ¥2,444 thousand from the issuance of shares, while dividend payments amounted to ¥28,422 thousand.」
The payment of dividends funded from retained earnings is also confirmed in the cash flows for the cumulative second-quarter period. The Company continues to pay dividends after its previous non-dividend policy, but no future shareholder return target is stated. - FY2020-Q1Dividend paidAnnual report
「Dividend payment amount Common shares 28,473 12.00 28 February 2019 30 May 2019 Retained earnings」
The Company changed from its previous non-dividend-paying status and paid a dividend on common shares funded from retained earnings. The reason for the change in dividend policy and future shareholder return targets are not specified. - FY2019-Q3RestatedAnnual report
「As the Company does not pay dividends, the dividend per share is not stated.」
The Company continues to disclose that it pays no dividends. No change in its shareholder return policy or specific dividend target is stated. - FY2019-Q1RestatedAnnual report
「As the Company does not pay dividends, the dividend per share is not stated.」
The Company continues to disclose that it pays no dividends. No change in its dividend policy or specific shareholder return target is stated. - FY2018First statedAnnual report
「We believe that building up retained earnings, using them for investments to improve operating efficiency and expand the business, and pursuing further growth in our business operations represent the greatest return of value to shareholders.」
Through the current fiscal year, the company had paid no dividends and prioritized growth investment and retained earnings, stating that future dividends would be considered in light of earnings and financial condition.