Balancing Ongoing Dividends with Investment for the Future
First written in FY2017. 4 of 11 entries say "Softened", first in FY2018. Latest entry: 2026-10-20.
- 2026-10-20RaisedManagement Plan
「(2) 早期復配の実現 本業収益の拡大により創出されるキャッシュと優先配当負担の低減を原資に普通株式配当を再開し、その後も業績拡大に応じた増配を目指してまいります。」
従来の普通株式無配継続から、当期純利益3億円（営業利益6億円程度）を目途とする早期復配と、その後の増配を目指す方針へ踏み込んだ。ただし、実施時期や金額は業績動向、財務状況及び分配可能額等を踏まえて決定するとしている。 - FY2026SoftenedAnnual report
「For the consolidated fiscal year under review, the company regrets that no dividend will be paid on common shares. In addition, no dividends will be paid on Class C, Class D, and Class E preferred shares because financial covenants were breached.」
In addition to common shares, no dividends were paid on Class C, Class D, and Class E preferred shares due to breaches of financial covenants. The planned lack of a dividend on common shares for the following fiscal year also continues. - FY2025RestatedAnnual report
「For the following consolidated fiscal year, a difficult business environment is expected to continue. In addition, dividends are scheduled to be paid on Class C and Class D preferred shares in accordance with the terms of issuance of the preferred shares. Accordingly, no dividend is planned on common shares.」
While maintaining a basic policy centered on retained earnings and consistent dividends, the company continues to pay no dividend on common shares for the current and following fiscal years. - FY2024RestatedAnnual report
「For the following consolidated fiscal year, a difficult business environment is expected to continue. In addition, dividends are scheduled to be paid on Class C and Class D preferred shares in accordance with the terms of issuance of the preferred shares. Accordingly, no dividend is planned on common shares.」
While maintaining a basic policy centered on retained earnings and consistent dividends, the company will continue to pay no dividend on common shares for both the current and following fiscal years. - FY2023RestatedAnnual report
「During the fiscal year under review, the spread of COVID-19 significantly affected performance, and the company regrets that no dividend will be paid on common shares.」
While maintaining its basic policy of balancing reinvestment with consistent dividends, the company will pay no dividend on common shares for both the current and following fiscal years. - FY2021RestatedAnnual report
「For the next fiscal year, the spread of COVID-19 is expected to have a significant impact on performance, and the company regrets that no dividend will be paid on common shares.」
The company has indicated a policy of paying no dividend on common shares for the next fiscal year, as in the current fiscal year. - FY2020SoftenedAnnual report
「For the fiscal year under review, the company recorded a net loss attributable to owners of the parent of ¥1,801 million, due to an operating loss resulting from declining sales at existing stores and higher personnel expense ratios, as well as substantial extraordinary losses from store impairment losses and store closure losses at subsidiaries. The company therefore regrets that no dividend will be paid. For the next fiscal year, the company also regrets that no dividend will be paid because the spread of COVID-19 is expected to have a significant impact on performance.」
No dividend will be paid for the next fiscal year, as in the current fiscal year. The former dividend resumption target has not been specified, and the company explicitly cites the impact of the infectious disease on performance as the reason for the lack of a dividend. - FY2019SoftenedAnnual report
「We expect to record a net loss attributable to owners of the parent in the next fiscal year as well and plan to pay no dividend. However, we will work to restore earnings through structural reforms and resume dividend payments as soon as possible.」
No dividend is planned for the next fiscal year, as in the current fiscal year, and the previous target of a ¥5.0 per-share dividend for the next fiscal year has been softened to an aim of resuming dividends as soon as possible. - FY2018SoftenedAnnual report
「As we recorded a substantial net loss for the fiscal year, we regret that no dividend will be paid. For the next fiscal year, we will work to restore earnings through structural reforms so that we can pay a dividend of ¥5.0 per share.」
The dividend changed from ¥7.5 per share in the previous fiscal year to no dividend for the current fiscal year, while the statement regarding the next fiscal year changed to an aim of paying ¥5.0 per share. - FY2018-Q3Disclosure of dividend resultsAnnual report
「Common shares 218 7.5 31 March 2017 30 June 2017 Retained earnings」
The company paid total dividends of ¥218 million on common shares, or ¥7.5 per share. The per-share dividend included a ¥2.5 commemorative dividend marking the company’s listing on the First Section of the Tokyo Stock Exchange. - FY2017First statedAnnual report
「Dividends to shareholders will be considered based on the medium- to long-term business plan, with the aim of securing retained earnings for reinvestment and maintaining consistent dividends, while comprehensively taking into account the Group’s financial position and earnings levels.」
The company has stated a policy of considering consistent dividends based on its financial position and earnings levels while securing retained earnings for reinvestment.