Strengthening the Financial Base Through Stable Dividends and Retained Earnings
First written in FY2017. 7 of 23 entries say "Advanced", first in FY2025. Latest entry: FY2027-H1.
- FY2027-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 2 October 2026, the company resolved, pursuant to Article 459, Paragraph 1 of the Companies Act, to acquire treasury shares and determine the specific method of acquisition, and carried out the acquisition of treasury shares as follows.」
As part of an agile capital policy, the company acquired 1,178,000 treasury shares for a total of ¥3,499 million. A policy of considering additional treasury share acquisitions was also implemented. - FY2026ReframedAnnual report
「Under this basic policy, at a meeting of the Board of Directors held on 10 April 2026, the Company changed its target for shareholder returns from a 40% dividend payout ratio to a target dividend on equity (DOE) of at least 4% in order to achieve stable and sustainable dividends.」
While maintaining its policy of stable dividends and strengthening the financial foundation, the Company changed its shareholder return metric from a 40% dividend payout ratio to a DOE of at least 4%. - FY2026-H1AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 18 April 2025, the Company acquired 1,280,000 treasury shares. As a result, treasury shares increased by ¥4,000 million during the interim accounting period, reaching ¥6,178.637 million at the end of the interim accounting period.」
Under the policy of stable dividends and shareholder returns, the Company acquired 1,280,000 treasury shares for approximately ¥4 billion. The share buyback policy disclosed in the previous period was implemented further. - FY2025AdvancedAnnual report
「Under this basic policy, the Company aims for a dividend payout ratio of 40% and intends to actively pursue shareholder return measures, such as dividend increases and stock splits, in line with improved performance. The Company will also consider share buybacks flexibly, taking into account its investment capacity, share price levels and other factors.」
Under the policy of stable dividends and retained earnings, the Company repurchased 688,800 shares for approximately ¥2 billion during the fiscal year. The policy of considering share buybacks, disclosed previously, was implemented as a specific capital policy. - FY2024RaisedAnnual report
「Under this basic policy, the Company aims for a dividend payout ratio of 40% and intends to actively pursue shareholder return measures, such as dividend increases and stock splits, in line with improved performance. The Company will also consider share buybacks flexibly, taking into account its investment capacity, share price levels and other factors.」
In addition to the existing policy of stable dividends and retained earnings, the Company explicitly stated its target dividend payout ratio of 40%, dividend increases and stock splits, and its consideration of flexible share buybacks. - FY2024-Q2Temporary increase in dividends through a commemorative dividendAnnual report
「The year-end dividend for the cumulative second quarter of the fiscal year ending February 2024 will consist of a regular dividend of ¥12 and a ¥5 commemorative dividend marking the 50th anniversary of the Company's founding.」
Under the stable dividend policy, a ¥5 commemorative dividend marking the 50th anniversary of the Company's founding was added, bringing the year-end dividend for the second quarter to ¥17, including the regular dividend of ¥12. - FY2022SoftenedAnnual report
「The Company's basic policy is to pay shareholders stable dividends over the long term while securing a certain level of retained earnings and strengthening its financial foundation to fund future capital investment, including new store openings, and to prepare for unforeseen business risks.」
The policy of stable dividends and strengthening the financial foundation through retained earnings continues, while the interim and year-end dividends for the period were ¥12 per share each, for an annual dividend of ¥24. - FY2022-Q2Decrease in interim dividendAnnual report
「30 September 2021 Board of Directors Common stock 455,762 12 31 August 2021 8 November 2021 Retained earnings」
No change to the stable dividend policy was disclosed, but the interim dividend for the period was ¥12 per share. - FY2021RestatedAnnual report
「The Company's basic policy is to pay shareholders stable dividends over the long term while securing a certain level of retained earnings and strengthening its financial foundation to fund future capital investment, including new store openings, and to prepare for unforeseen business risks.」
The basic policy of stable dividends and strengthening the financial foundation through retained earnings to fund capital investment and prepare for business risks continues. - FY2019RestatedAnnual report
「The Company's basic policy is to pay shareholders stable dividends over the long term while securing a certain level of retained earnings and strengthening its financial foundation to fund future capital investment, including new store openings, and to prepare for unforeseen business risks.」
The basic policy of stable dividends and strengthening the financial foundation through retained earnings to fund capital investment and prepare for business risks continues. - FY2018RestatedAnnual report
「The Company's basic policy is to pay shareholders stable dividends over the long term while securing a certain level of retained earnings and strengthening its financial foundation to fund future capital investment, including new store openings, and to prepare for unforeseen business risks.」
The basic policy of stable dividends and strengthening the financial foundation through retained earnings to fund store-opening investment and prepare for business risks continues. - FY2017First statedAnnual report
「The Company's basic policy is to pay shareholders stable dividends over the long term while securing a certain level of retained earnings and strengthening its financial foundation to fund future capital investment, including new store openings, and to prepare for unforeseen business risks.」
The Company explicitly stated that its basic dividend policy is to pay stable dividends over the long term and secure retained earnings to fund store-opening investment and prepare for business risks.