Policy of prioritizing reinvestment and not paying dividends or making similar distributions
First written in FY2016. 5 of 6 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「For these reasons, at least at this stage, the company has no plans to pay dividends from retained earnings.」
The company has reaffirmed its policy of reinvesting profits in growth investments and not paying dividends at this stage. It has also stated that it will acquire treasury shares as necessary. - FY2023RestatedAnnual report
「For these reasons, at least at this stage, the company has no plans to pay dividends from retained earnings, conduct share buybacks or provide shareholder benefits, which are ordinary shareholder-return measures.」
The company has reaffirmed its policy of reinvesting profits and not paying dividends, conducting share buybacks or providing shareholder benefits even after becoming profitable. It also did not pay a dividend for the current fiscal year. - FY2020RestatedAnnual report
「For these reasons, at least at this stage, the company has no plans to pay dividends from retained earnings, conduct share buybacks or provide shareholder benefits, which are ordinary shareholder-return measures.」
The company has reaffirmed its policy of reinvesting cash in the business and, at this stage, not paying dividends, conducting share buybacks or providing shareholder benefits. - FY2019RestatedAnnual report
「For these reasons, at least at this stage, the company has no plans to pay dividends from retained earnings, conduct share buybacks or provide shareholder benefits, which are ordinary shareholder-return measures.」
The company has reaffirmed its policy of reinvesting cash generated by business activities and, at this stage, not paying dividends, conducting share buybacks or providing shareholder benefits. - FY2017RestatedAnnual report
「For these reasons, at least at this stage, the company has no plans to pay dividends from retained earnings, conduct share buybacks or provide shareholder benefits, which are ordinary shareholder-return measures.」
The company has reaffirmed its policy of reinvesting cash generated by business activities and, at this stage, not paying dividends, conducting share buybacks or providing shareholder benefits. - FY2016First statedAnnual report
「Accordingly, the company believes that responding to shareholders’ expectations means reinvesting as much of the cash generated by the business as possible to capture business opportunities accurately. For these reasons, at least at this stage, the company has no plans to implement ordinary shareholder-return measures such as dividends, share buybacks or shareholder benefits.」
The company prioritizes reinvestment in growth opportunities and, at this stage, has a policy of not paying dividends, conducting share buybacks or providing shareholder benefits.