Retained Earnings Prioritized for Growth Investment and Consideration of Future Dividends
First written in FY2019. 11 of 23 entries say "Restated". Latest entry: 2026-09-30.
16 other companies' latest entry also says "Raised".
- 2026-09-30RaisedManagement plan
「We decided to raise the dividend policy from a target DOE (dividend on equity) of 4% to a target of 5% to 6%.」
The target DOE was raised from 4% to 5%–6%, and a full-year dividend of ¥36 was set as the policy for the fiscal year ending June 2027. - FY2026RaisedAnnual report
「With respect to dividends, while prioritizing growth investment and seeking to maximize corporate value, the Company will decide whether to pay them after comprehensively considering its overall management, using a DOE (dividend on equity) of 5% to 6% as a guideline. With respect to the dividend from retained earnings for the fiscal year, after considering results for the fiscal year and the future operating environment, the Company plans to submit a proposal for a year-end dividend of ¥32 per share to the Annual General Meeting of Shareholders scheduled for 29 September 2026 and pay it upon approval.」
The DOE guideline was raised from the previous 4% to 5%–6%, while the planned year-end dividend increased from ¥28 per share in the previous fiscal year to ¥32. - FY2026-H1AdvancedAnnual report
「At a Board of Directors meeting held on 13 November 2025, the Company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied with the necessary changes under Article 165, Paragraph 3 of the Act. On 14 November 2025, it acquired 290,900 treasury shares through a treasury share off-auction purchase transaction (ToSTNeT-3).」
The Company acquired 290,900 treasury shares for ¥532.056 million under its capital policy of flexibly acquiring treasury shares while prioritizing growth investment. - FY2025RaisedAnnual report
「With respect to dividends, while prioritizing growth investment and seeking to maximize corporate value, the Company will decide whether to pay them after comprehensively considering its overall management, using a DOE (dividend on equity) of 4% as a guideline. With respect to the dividend from retained earnings for the fiscal year, the Company set the dividend at ¥28 per share after considering results for the fiscal year and the future operating environment.」
The policy of using a DOE of 4% as a guideline was maintained, while the dividend per share increased from ¥25 in the previous fiscal year to ¥28. - FY2025-H1RestatedAnnual report
「27 September 2024; Annual General Meeting of Shareholders; common shares; retained earnings; 107,364; 25.00; 30 June 2024; 30 September 2024」
The Company disclosed that it paid a dividend of ¥25 per share, totaling ¥107.364 million, continuing from the previous fiscal year. In addition, it acquired treasury shares for ¥199.995 million during the interim consolidated accounting period. - FY2024ReframedAnnual report
「With respect to dividends, while prioritizing growth investment and seeking to maximize corporate value, the Company will decide whether to pay them after comprehensively considering its overall management, using a DOE (dividend on equity) of 4% as a guideline.」
The existing policy of prioritizing growth investment and making a comprehensive assessment was supplemented by a DOE of 4% as a guideline for deciding on dividends. In addition, based on a resolution in August 2024, the Company acquired 151,300 treasury shares for ¥199,995,100 during the period. - FY2024-Q3RestatedAnnual report
「28 September 2023; Annual General Meeting of Shareholders; common shares; retained earnings; 107,302; 25.00; 30 June 2023; 29 September 2023」
It was reconfirmed that the ¥25-per-share dividend totaling ¥107.302 million determined for the previous fiscal year had been paid. - FY2024-Q2RestatedAnnual report
「28 September 2023; Annual General Meeting of Shareholders; common shares; retained earnings; 107,302; 25.00; 30 June 2023; 29 September 2023」
It was reconfirmed that the ¥25-per-share dividend totaling ¥107.302 million determined for the previous fiscal year had been paid. - FY2024-Q1RestatedAnnual report
「28 September 2023; Annual General Meeting of Shareholders; common shares; retained earnings; 107,302; 25.00; 30 June 2023; 29 September 2023」
The Company disclosed that it paid a dividend of ¥25 per share, continuing from the previous fiscal year. - FY2023RestatedAnnual report
「From a medium- to long-term management perspective, the Company’s basic policy is to allocate funds generated to strengthening retained earnings and to investments for future business development and reinforcing its management structure, while flexibly acquiring treasury shares after comprehensively considering financial soundness, the share price level and other factors. With respect to dividends, the Company will decide whether to pay them after comprehensively considering its overall management while prioritizing growth investment and seeking to maximize corporate value.」
The capital allocation policy of prioritizing growth investment and retained earnings, flexibly acquiring treasury shares and deciding on dividends based on a comprehensive assessment has been maintained. - FY2023-Q1RestatedAnnual report
「Total dividends: 105,906 (¥ thousands); dividend per share: ¥25.00; record date: 30 June 2022; effective date: 30 September 2022」
The Company disclosed that payment of the ¥25-per-share dividend determined for the previous fiscal year was made during the quarter. - FY2022AchievedAnnual report
「With respect to the dividend from retained earnings for the fiscal year, the Company set the dividend at ¥25 per share after considering results for the fiscal year and the future operating environment.」
The Company shifted from its no-dividend policy since establishment and paid a dividend of ¥25 per share, totaling ¥105.906 million, for the fiscal year. It is moving toward a policy of deciding on dividends while continuing to prioritize growth investment. - FY2022-Q2RestatedAnnual report
「No per-share dividend is disclosed because the company has not paid dividends.」
It was reconfirmed that no dividends had been paid during the second-quarter year-to-date period. - FY2022-Q1RestatedAnnual report
「No per-share dividend is disclosed because the company has not paid dividends.」
It was reconfirmed that no dividends had been paid during the first-quarter year-to-date period. - FY2021RestatedAnnual report
「As the Company is currently in a growth phase and aims to expand its business further, it has not paid dividends since its establishment in order to prioritize using retained earnings for important business investments, including securing human resources and strengthening facilities, to enhance future earnings power through stronger competitiveness and to establish an efficient operating structure.」
The capital allocation policy of prioritizing growth investment, including securing human resources and strengthening facilities, without paying dividends has been maintained. - FY2021-Q3RestatedAnnual report
「No per-share dividend is disclosed because the company has not paid dividends.」
It was reconfirmed that no dividends had been paid during the year-to-date period. - FY2021-Q2AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 12 November 2020, the Company acquired 79,500 treasury shares. As a result, treasury shares increased by ¥199.858 million during the six-month period, and amounted to ¥199.913 million at the end of the second quarter.」
The Company disclosed the acquisition of 79,500 treasury shares under the treasury share acquisition resolved in the previous quarter as a flexible capital policy measure. - FY2021-Q1ReframedAnnual report
「Reason for acquiring treasury shares: to implement a flexible capital policy in response to changes in the business environment. Maximum number of shares to be acquired: 100,000 shares (2.39% of total issued shares excluding treasury shares); maximum total acquisition cost: ¥200,000,000; acquisition period: 13 November 2020 (Friday) to 1 December 2020 (Tuesday); acquisition method: market purchase on the Tokyo Stock Exchange」
In addition to the existing policy of prioritizing growth investment and considering future dividends, the Company disclosed a resolution to acquire treasury shares as a flexible capital policy measure. - FY2020RestatedAnnual report
「As the Company is currently in a growth phase and aims to expand its business further, it has not paid dividends since its establishment in order to prioritize using retained earnings for important business investments, including securing human resources and strengthening facilities, to enhance future earnings power through stronger competitiveness and to establish an efficient operating structure.」
The capital allocation policy of prioritizing growth investment, including securing human resources and strengthening facilities, without paying dividends has been maintained. - FY2019First statedAnnual report
「Since the Company's establishment, it has not paid dividends in order to prioritize using retained earnings for important business investments, including securing human resources and strengthening facilities, to enhance future earnings power through stronger competitiveness and to establish an efficient operating structure. The Company will consider returning profits to shareholders in light of future business development and progress on its business plans, but the possibility and timing of dividend payments remain undecided at present.」
The capital allocation policy prioritizes growth investment, with dividends to be considered in the future.