Risk to the continuation of stable dividend payments
First written in FY2022. 7 of 8 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 1 of 6 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Group recognizes returning profits to shareholders as an important management priority. Its policy is to pay stable dividends from surplus while securing the retained earnings necessary for future business development and strengthening its financial position.」
While deciding to pay a dividend of ¥10 per share despite a net loss for the fiscal year, the Company continues to state that it may be unable to maintain stable dividends if its performance deteriorates, as it prioritizes retained earnings. - FY2025-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, there were no material changes in the emergence of new business or other risks, or in the business or other risks described in the securities report for the previous fiscal year.」
The Company stated that there had been no material changes concerning the risk of maintaining stable dividends. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no material changes in the emergence of new business or other risks, or in the business or other risks described in the securities report for the previous fiscal year.」
The Company stated that there had been no material changes concerning the risk of maintaining stable dividends. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no material changes in the emergence of new business or other risks, or in the business or other risks described in the securities report for the previous fiscal year.」
The Company stated that there had been no material changes concerning the risk of maintaining stable dividends. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no material changes in the emergence of new business or other risks, or in the business or other risks described in the securities report for the previous fiscal year.」
The Company stated that there had been no material changes concerning the risk of maintaining stable dividends. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no material changes in the emergence of new business or other risks, or in the business or other risks described in the securities report for the previous fiscal year.」
The Company stated that there had been no material changes concerning the risk of maintaining stable dividends. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, there were no material changes in the emergence of new business or other risks, or in the business or other risks described in the securities report for the previous fiscal year.」
The Company stated that there had been no material changes concerning the risk of maintaining stable dividends. - FY2022First statedAnnual report
「However, regarding dividends from surplus, the Company’s policy is to prioritize securing funds for capital investment and strengthening its financial position by building up retained earnings as part of its long-term business development. If the Company’s performance deteriorates for any reason, it may be unable to continue paying stable dividends from surplus.」
At the same time as paying its first dividend, the Company disclosed for the first time the risk that it may be unable to continue paying stable dividends if its performance deteriorates.