Future Dividend Policy Prioritizing Retained Earnings
First written in FY2018. 11 of 17 entries say "Restated". Latest entry: 2026-10-14.
- FY2025RaisedAnnual report
「The Company will continue to make progressive dividends its basic policy and will consider increases, depending on circumstances and taking into account business progress and other factors, from the next fiscal year onward.」
The dividend per share was ¥13, unchanged from the previous fiscal year, but the Company explicitly stated that progressive dividends are its basic policy in addition to its previous policy of stable and continuing dividends. The dividend payout ratio was 14.5%. - FY2024RaisedAnnual report
「The Company has paid a dividend of ¥10 per share since the fiscal year ended August 2021, increasing it to ¥12 for the fiscal year ended August 2023 and ¥13 for the fiscal year ended August 2024. From the next fiscal year onward, the Company will consider increases, depending on circumstances and taking into account business progress and other factors.」
The Company increased the year-end dividend from ¥12 per share in the previous fiscal year to ¥13, resulting in a dividend payout ratio of 29.8%. It also explicitly stated that it would consider increasing dividends from the next fiscal year onward. - FY2024-Q2RestatedAnnual report
「14 August 2023 Board of Directors Common shares ¥57.947 million ¥12 31 August 2023 28 November 2023 Retained earnings」
The Company disclosed a year-end dividend of ¥12 per share, totalling ¥57.947 million, for the fiscal year ended August 2023. - FY2024-Q1RaisedAnnual report
「14 August 2023 Board of Directors Common shares ¥57.947 million ¥12 31 August 2023 28 November 2023 Retained earnings」
The Company set the year-end dividend for the fiscal year at ¥12 per share, up from ¥10 per share in the previous fiscal year. - FY2023-Q1RestatedAnnual report
「14 October 2022 Board of Directors Common shares Total dividends ¥49.528 million Dividend per share ¥10 Record date 31 August 2022 Effective date 25 November 2022 Source of dividends Retained earnings」
The Company disclosed that it paid a year-end dividend of ¥10 per share for the fiscal year ended August 2022 on 25 November 2022. - FY2022RestatedAnnual report
「Based on the above policy, the Company decided to pay a year-end dividend of ¥10 per share for the fiscal year. As a result, the dividend payout ratio for the fiscal year was 12.3%.」
The Company continued its policy of stable and continuing dividends and paid a year-end dividend of ¥10 per share for the fiscal year. The dividend payout ratio was 12.3%. - FY2021AchievedAnnual report
「Although the Company had not paid dividends since its establishment, it decided to pay a dividend of ¥10 per share from the current fiscal year. The dividend payout ratio for the fiscal year was 35.1%.」
The Company moved away from its policy of paying no dividends since establishment, paying a year-end dividend of ¥10 per share from the current fiscal year. The dividend payout ratio was 35.1%. - FY2021-Q4RestatedAnnual report
「No per-share dividend is shown because no dividend was paid.」
No dividend was paid in the cumulative third-quarter period either. - FY2021-Q2RestatedAnnual report
「No per-share dividend is shown because no dividend was paid.」
The Company did not pay dividends during the cumulative first quarter. - FY2020-Q2RestatedAnnual report
「No per-share dividend is shown because no dividend was paid.」
The Company did not pay dividends during the cumulative first quarter. - FY2019RaisedAnnual report
「In light of the outlook for business performance, the Company’s basic policy is to pay stable and continuing dividends, taking a comprehensive view of operating results, the dividend payout ratio and other factors while maintaining a balance with retained earnings needed for future business development and to strengthen its financial base.」
In addition to its previous policy of considering future shareholder returns, the Company explicitly stated that stable and continuing dividends are its basic policy. However, it continues to prioritise retained earnings and has paid no dividends since its establishment. - FY2019-Q4RestatedAnnual report
「No per-share dividend is shown because no dividend was paid.」
The Company disclosed that it had not paid a dividend during the cumulative period of the current quarter. - FY2018First statedAnnual report
「Accordingly, we have paid no dividends since our founding. For the time being, we intend to strengthen retained earnings while considering the return of profits to shareholders in light of the results of each fiscal year.」
The Company plans to use retained earnings to invest in business expansion and greater operating efficiency.