Balancing Stable Dividends with Capital Investment and R&D
First written in FY2016. 8 of 16 entries say "Restated". Latest entry: FY2026.
- FY2026Resumption of dividends on common shares and payment of dividends on preferred sharesAnnual report
「For the current fiscal year, the Company will pay a year-end dividend of ¥20.00 per common share. With respect to the year-end dividend on Class A shares, the Company will pay ¥55,000.00 per share in accordance with its Articles of Incorporation. With respect to the year-end dividend on Class B shares, the Company will pay ¥15,514.70 per share in accordance with its Articles of Incorporation.」
Common stock dividends have been reinstated at ¥20 per share after a period of no dividend, along with dividends of ¥55,000 per A-class preferred share and ¥15,514.70 per B-class preferred share. - FY2025Increase in the preferred dividend on Class A shares while continuing not to pay dividends on common sharesAnnual report
「With respect to the year-end dividend on common shares for the current fiscal year, after comprehensively considering business performance, financial condition and other factors, we regret that we have decided not to pay a dividend. With respect to the year-end dividend on Class A shares, we will pay ¥55,000.00 per share in accordance with the Company's Articles of Incorporation.」
While continuing not to pay dividends on common shares, the dividend per Class A share increased from ¥14,426.20 in the previous fiscal year to ¥55,000. - FY2025-H1RestatedAnnual report
「27 June 2024 Annual General Meeting of Shareholders Class A shares 144 14,426.20 31 March 2024 28 June 2024 Capital surplus」
The Company reconfirmed that it paid a dividend on Class A shares on 28 June 2024 totaling ¥144 million, or ¥14,426.20 per share. - FY2024Continued suspension of dividends on common shares and payment of preferred dividends on Class A sharesAnnual report
「With respect to the year-end dividend on common shares for the current fiscal year, after comprehensively considering business performance, financial condition and other factors, we regret that we have decided not to pay a dividend. With respect to the year-end dividend on Class A shares, we will pay ¥14,426.20 per share in accordance with the Company's Articles of Incorporation.」
While continuing not to pay dividends on common shares, the Company will pay a dividend of ¥14,426.20 per Class A share, issued as part of the capital strengthening, totaling ¥144 million. - FY2024-Q2AdvancedAnnual report
「The Company is reducing the amounts of its stated capital and capital reserve in order to establish a structure that will enable it to resume dividend payments at an early date.」
Amid continuing non-payment of dividends, the Company has detailed a policy of establishing a structure that will enable an early resumption of dividends through reductions in stated capital and capital reserve. The effective date of the capital reduction is scheduled for 22 December 2023. - FY2022RestatedAnnual report
「Our basic policy regarding dividends is to continue paying stable dividends over the long term. With respect to the year-end dividend for the current fiscal year, after comprehensively considering business performance, financial condition and other factors, we regret that we have decided not to pay a dividend.」
While reiterating its basic policy of balancing stable long-term dividends with capital expenditure and R&D investment, the Group paid no dividend for the fiscal year ended March 2022. - FY2021SoftenedAnnual report
「With respect to the year-end dividend for the current fiscal year, after comprehensively considering business performance, financial condition and other factors, we regret that we have decided not to pay a dividend.」
While maintaining its policy of stable long-term dividends, the Group paid no dividend for the fiscal year ended March 2021 due to business performance and financial condition. - FY2020-Q3RestatedAnnual report
「27 June 2019 Annual General Meeting of Shareholders Common shares Capital surplus 488 30.00 31 March 2019 28 June 2019」
The Company reiterated that, for the fiscal year ended March 2019, it paid a dividend of ¥488 million in total, or ¥30 per share, on 28 June 2019. - FY2020-Q1RestatedAnnual report
「27 June 2019 Annual General Meeting of Shareholders Common shares Capital surplus 488 30.00 31 March 2019 28 June 2019」
For the fiscal year ended March 2019, the Company paid a dividend of ¥488 million in total, or ¥30 per share, on 28 June 2019. - FY2019-Q1RestatedAnnual report
「28 June 2018 Annual General Meeting of Shareholders Common shares Capital surplus 488 30.00 31 March 2018 29 June 2018」
For the fiscal year ended March 2018, the Company paid a dividend of ¥488 million in total, or ¥30 per share, on 29 June 2018. - FY2018RestatedAnnual report
「Our basic policy regarding dividends is to continue paying stable dividends over the long term. In principle, we believe dividends should correspond to earnings. However, as a manufacturing company, we must continue making capital expenditures each fiscal year to improve efficiency and expand scale, as well as R&D investments, and we consider retaining earnings for these purposes important.」
The Group reconfirmed its policy of continuing stable dividends while considering the balance with retained earnings for capital expenditure and R&D investment. The dividend for the current fiscal year is ¥30 per share after the share consolidation. - FY2018-Q2RestatedAnnual report
「29 June 2017 Annual General Meeting of Shareholders Common shares Retained earnings 488 3.00 31 March 2017 30 June 2017」
For the fiscal year ended March 2017, the Company paid a dividend of ¥3 per share, totaling ¥488 million. - FY2017-Q2RestatedAnnual report
「29 June 2016 Annual General Meeting of Shareholders Common shares Capital surplus 488 3.00 31 March 2016 30 June 2016」
For the fiscal year ended March 2016, the Company paid a dividend of ¥3 per share, totaling ¥488 million. - FY2016First statedAnnual report
「Our basic policy regarding dividends is to continue paying stable dividends over the long term.」
While dividends are basically aligned with earnings, the Group emphasizes balancing them with retained earnings for capital expenditures to improve efficiency and expand scale, as well as for R&D investment. The dividend for the current fiscal year is ¥3 per share.