Policy of Prioritizing Retained Earnings and Paying No Dividends for the Time Being
First written in FY2020. 6 of 12 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2026.
10 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The dividends of surplus for the fiscal year are as follows. The total dividend of ¥339,980 thousand and dividend per share of ¥2.5 are agenda items for approval at the annual general meeting of shareholders scheduled for 29 September 2026.」
Under its policy of providing stable profit returns while prioritising the financial base and growth investment, the company plans to pay a year-end dividend of ¥2.5 per share, totalling ¥339,980 thousand. - FY2026-H1AdvancedAnnual report
「25 September 2025; annual general meeting of shareholders; common shares; ¥304,884 thousand; ¥4.5; 30 June 2025; 26 September 2025; retained earnings」
Under its policy of providing stable profit returns while prioritising the financial base and growth investment, the company paid a dividend of ¥4.5 per share, totalling ¥304,884 thousand. - FY2025RestatedAnnual report
「The company regards returning profits to shareholders as one of its important management priorities. Regarding dividends, while strengthening shareholders' equity to stabilise and reinforce the financial base and actively allocating funds to growth investment, the company will continue to provide stable returns that also take business performance into account.」
The company continued its policy of providing stable profit returns while prioritising the financial base and growth investment, without specifying a specific payout ratio. - FY2024SoftenedAnnual report
「The company regards returning profits to shareholders as one of its important management priorities. Regarding dividends, while strengthening shareholders' equity to stabilise and reinforce the financial base and actively allocating funds to growth investment, the company will continue to provide stable returns that also take business performance into account.」
The specific return criterion targeting 10% of profit attributable to owners of the parent, which had previously been stated, was removed from the current policy statement and changed to the wording "stable profit returns." The year-end dividend was set at ¥4.5 per share. - FY2024-Q1AdvancedAnnual report
「Annual general meeting of shareholders, 26 September 2023; common shares; total dividends: ¥320,654 thousand; dividend per share: ¥4.5; record date: 30 June 2023; effective date: 27 September 2023」
After shifting to the profit return policy, the company paid a dividend of ¥4.5 per share, totalling ¥320,654 thousand. - FY2023-Q1AdvancedAnnual report
「Annual general meeting of shareholders, 27 September 2022; common shares; total dividends: ¥291,664 thousand; dividend per share: ¥9.0; record date: 30 June 2022; effective date: 28 September 2022」
After shifting from the previous no-dividend policy to a return policy targeting 10% of profit attributable to owners of the parent, the company paid a dividend of ¥9 per share, totalling ¥291,664 thousand. - FY2022ReframedAnnual report
「Regarding dividends, while strengthening shareholders' equity to stabilise and reinforce the financial base and actively allocating funds to growth investment, the company will continue to return profits in line with business performance, targeting 10% of net income attributable to owners of the parent, excluding gains that are one-off in nature and gains not accompanied by an increase in cash and deposits.」
The policy changed from paying no dividends for the time being and prioritising retained earnings to maintaining the financial base and growth investment while making continuous returns targeting 10% of profit attributable to owners of the parent. A dividend of ¥9 per share is planned for the 16th fiscal year. - FY2021RestatedAnnual report
「Accordingly, the Company has not paid dividends since its founding and plans to build retained earnings for the time being.」
The company reaffirmed its policy of paying no dividends for the time being, prioritising investment for business expansion and strengthening its financial position. - FY2020First statedAnnual report
「Accordingly, the Company has not paid dividends since its founding and plans to build retained earnings for the time being.」
The company gave priority to investment for business expansion and strengthening its financial position, stating for the first time a policy of paying no dividends for the time being while considering stable and continuous shareholder returns in the future.