Retained Earnings for Research and Development Investment and Strengthening the Financial Base
First written in FY2016. 4 of 5 entries say "Restated". Latest entry: 2026-08-14.
- 2026-08-14RestatedRevision of earnings forecasts
「On the other hand, the Company operates in industries characterized by fluctuations in capital investment trends and rapid technological innovation. After also considering the need to secure sufficient funding for research and development investment in growth areas and to establish a stable financial base, the Company’s policy for returning profits to shareholders is to pay performance-linked dividends with a consolidated dividend payout ratio of at least 35% as a guideline.」
The Company continued to explain that securing funding for research and development investment in growth areas and establishing a stable financial base were factors in determining its profit allocation policy. - FY2019RestatedAnnual report
「As the Company operates in an industry characterized by significant fluctuations in capital investment trends and rapid technological innovation, it intends to build up retained earnings needed for further R&D investment and to strengthen its financial base.」
The policy of building up retained earnings for R&D investment and strengthening the financial base continued. - FY2018RestatedAnnual report
「As the Company operates in an industry characterized by significant fluctuations in capital investment trends and rapid technological innovation, it intends to build up retained earnings needed for further R&D investment and to strengthen its financial base.」
The policy of building up retained earnings for R&D investment and strengthening the financial base continued. - FY2017RestatedAnnual report
「As the Company operates in an industry characterized by significant fluctuations in capital investment trends and rapid technological innovation, it intends to build up retained earnings needed for further R&D investment and to strengthen its financial base.」
The policy of emphasizing R&D investment, strengthening the financial base, and building up retained earnings continued. - FY2016First statedAnnual report
「As the Company operates in an industry characterized by significant fluctuations in capital investment trends and rapid technological innovation, it intends to build up retained earnings needed for further R&D investment and to strengthen its financial base.」
Capital allocation policy indicating the balance between dividends and retained earnings.