Continued suspension of dividends while prioritizing retained earnings, with future profit returns
First written in FY2023. 6 of 11 entries say "Raised", first in FY2024. Latest entry: FY2026.
- FY2026RaisedAnnual report
「From the fiscal year ending June 2027, we will strengthen shareholder returns by adopting whichever is higher: a 5% DOE or a 40% payout ratio.」
In addition to a 5% minimum DOE, the shareholder return policy became more proactive, changing from the policy for the fiscal year ending June 2026 to the higher of a 5% DOE or a 40% dividend payout ratio from the fiscal year ending June 2027. For the fiscal year ending June 2026, the company paid a dividend of ¥35 per share, totaling ¥174 million. - FY2026-H1RestatedAnnual report
「Cash decreased by ¥324 million as a result of financing activities, compared with an outflow of ¥39 million in the prior-year period. This was mainly due to dividend payments of ¥176 million and ¥81 million spent on the acquisition of treasury shares.」
The ¥35 per-share, ¥176 million dividend for the fiscal year ended June 2025 was paid and reflected in cash flow. - FY2025AchievedAnnual report
「The dividends from surplus for the fiscal year were as follows: 13 August 2025, common shares, total dividends of ¥176 million, dividend per share of ¥35.」
Under the policy of a 5% minimum DOE, a ¥35 per-share dividend totaling ¥176 million was approved for the fiscal year ended June 2025. - FY2024RaisedAnnual report
「Specifically, from the end of the fiscal year ending June 2025, we will work to provide stable and continuous dividends with a dividend on equity ratio (DOE) of 5% as the floor.」
The policy progressed from continued non-payment and consideration of future returns to a specific policy of a 5% minimum DOE from the end of the fiscal year ending June 2025. - FY2023First statedAnnual report
「As we are currently in a growth phase, we do not pay dividends because we believe that allocating funds to business expansion and strengthening the organizational structure, while building retained earnings to stabilize our financial base, contributes to returning profits to shareholders.」
The policy is to refrain from dividends for the time being, use retained earnings for business expansion and organizational development, and consider future shareholder returns.