Policy of no dividends while prioritizing growth investment and retained earnings
First written in FY2022. 6 of 13 entries say "Restated". Latest entry: 2026-10-02.
- FY2027-H1RestatedAnnual report
「There were no dividend payments during the interim consolidated accounting period.」
There were no dividend payments during the interim consolidated accounting period, and the Company remains in a no-dividend position, prioritizing growth investment and retained earnings. - 2026-04-07RestatedEarnings
「Fiscal year ending February 2027 (forecast) — 0.00 — 0.00 0.00」
Dividends are forecast at ¥0.00 for both the fiscal year ended February 2026 and the fiscal year ending February 2027. - FY2025RestatedAnnual report
「With respect to dividends for the fiscal year, the Company did not pay a dividend because it considers itself to be in a growth phase and believes it is necessary to build retained earnings to strengthen its financial base for long-term management stability and achieve continued expansion and development of its business, thereby enabling it to continue paying stable dividends in the future.」
The Company maintained its policy of paying no dividend for the current fiscal year, as in the previous fiscal year, and using retained earnings for hiring and training personnel and expanding the business. - FY2025-H1RestatedAnnual report
「1. Dividends paid Not applicable.」
There were no dividend payments during the current interim consolidated accounting period. - FY2024No dividend for the fiscal yearAnnual report
「With respect to dividends for the fiscal year, the Company did not pay a dividend because it considers itself to be in a growth phase and believes it is necessary to build retained earnings to strengthen its financial base for long-term management stability and achieve continued expansion and development of its business, thereby enabling it to continue paying stable dividends in the future.」
After paying a dividend of ¥8 per common share in the previous fiscal year, the Company paid no dividend for the current fiscal year and set out a policy of using retained earnings for hiring and training personnel and expanding the business. - FY2024-Q3RestatedAnnual report
「30 May 2023 Annual General Meeting of Shareholders Common shares ¥20.991 million ¥8 28 February 2023 31 May 2023 Retained earnings」
The Company reiterated that it paid total dividends of ¥20.991 million, or ¥8 per common share. - FY2024-Q1Change to paying dividendsAnnual report
「30 May 2023 Annual General Meeting of Shareholders Common shares ¥20.991 million ¥8 28 February 2023 31 May 2023 Retained earnings」
The Company disclosed that, having prioritised growth investment and retained earnings and paid no dividend in the previous fiscal year, it paid total dividends of ¥20.991 million, or ¥8 per common share. - FY2022First statedAnnual report
「The Company regards the distribution of profits to shareholders as one of management's most important priorities. Its basic policy is to continue making stable dividend payments while securing the retained earnings necessary for future business development and strengthening its management base.」
The Company explains that, while stable dividends are its basic policy, it paid no dividend for the fiscal year because it remains in a growth phase and used retained earnings to strengthen the hiring and development of outstanding personnel.