Strengthening retained earnings by prioritizing growth investment; dividends undecided
First written in FY2022. 4 of 6 entries say "Reframed", first in 2026-05-15. Latest entry: FY2026.
- FY2026ReframedAnnual report
「With regard to shareholder returns, including dividends, our policy is to make flexible decisions after comprehensively considering free cash flow generated by existing businesses, the funding required for business growth, and the status of funding, while maintaining equity capital at an appropriate level.」
The wording has been revised from the previous explanation that the possibility and timing of dividend payments were undecided to a policy of acting flexibly after considering free cash flow, growth investment and financing. - FY2025RestatedAnnual report
「The possibility and timing of paying dividends remain undecided at present.」
The company continues to prioritize investment in business expansion and efficiency and to consider future shareholder returns while balancing them against retained earnings. - FY2022First statedAnnual report
「For the time being, the company plans to build up retained earnings. In the future, it plans to consider returning profits to shareholders while taking into account business performance in each fiscal year, but the possibility and timing of paying dividends remain undecided at present.」
The company is prioritizing investment in business expansion and efficiency, plans to build up retained earnings for the time being, and has not determined whether or when to pay dividends.