Use of Retained Earnings for Research and Development and Sales Channel Expansion
First written in FY2016. 4 of 5 entries say "Restated". Latest entry: FY2022.
135 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The policy is to use retained funds to develop new products that meet market needs, as well as to expand the Company's service network and sales channels.」
The Company continues to allocate retained earnings to new product development, service network expansion and sales channel expansion. - FY2020RestatedAnnual report
「Regarding dividends of surplus, the Company plans to begin paying dividends from the financial results for the fiscal year ending April 2020, while considering the balance with retained earnings needed to strengthen its financial base in light of the profit plan in its medium-term management plan, and plans to maintain an ordinary dividend going forward.」
The Company continues its policy of paying dividends while considering the balance with retained earnings needed to strengthen its financial base. - FY2019RestatedAnnual report
「The Company will use the cash flow generated under its medium-term management plan while maintaining a sound balance between strategic investment and strengthening its financial base.」
The Company continues its policy of using retained earnings and cash flow while considering the balance among growth investment, strengthening its financial base and future dividends. - FY2018RestatedAnnual report
「Regarding dividends of surplus, the Company plans to begin considering specific policies based on the profit plan in its medium-term management plan. In light of its current focus on strategically pursuing high-growth businesses for the future, it will formulate a policy that enables stable long-term dividends while balancing them against retained earnings needed for upfront investment in human resources and development and to respond to increased orders.」
The Company has indicated a retained earnings policy that balances upfront investment in human resources, development and capacity to handle increased orders against stable future dividends. - FY2016First statedAnnual report
「The Company plans to use retained earnings to develop new products that meet market needs and to expand the Group's service network and sales channels.」
Before implementing shareholder returns, the Company stated that it would allocate retained earnings to new products and the expansion of its service network and sales channels.