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M・H・GROUP LTD. (9439) · PolicySoftenedLatest Management plan (2026-10-08): "Reframed"

Returning profits while balancing retained earnings and an annual year-end dividend

First written in FY2016. 8 of 18 entries say "Softened", first in FY2017. Latest entry: 2026-10-08.

18entries
11years
5from disclosures
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How it moved
ProgressHeldSoftenedWorseRaisedFY2018 – FY2019RestatedFY2020-Q32016: 22017: 220172018: 120182019: 120192020: 120202021: 120212022: 120222023: 120232024: 120242025: 120252026: 62026
Same theme, other companies
Capital allocation policy balancing future investment and shareholder dividendsA theme 464 companies write about · 0 as a headwind · 466 as a tailwind
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Showing 14 of the 197 companies compared. The sentences above are computed from all 197.Comparing 200 of the theme's 468 threads.
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  1. 2026-10-08ReframedManagement plan

    「第37期(2026年6月期)は、大幅な親会社株主に帰属する当期純損失を計上したことを踏まえ、誠に遺憾ながら無配といたしました。しかしながら、これらの資金調達を基盤に持続的な企業価値の向上に向け、既存事業の強化及び新たな成長戦略を推進することで、復配をはじめとした安定的な株主還元を図ってまいります。」

    無配を開示したうえで、復配を含む安定的な株主還元を目指す説明を追加し、利益還元方針を成長投資との関係で再構成している。
  2. FY2026SoftenedAnnual report

    「However, in light of the substantial net loss attributable to owners of the parent recorded in consolidated results for the current fiscal year, we regrettably decided not to pay a year-end dividend. The company also resolved at a Board of Directors meeting held on 22 May 2026 to issue new shares through a third-party allotment and to issue the second series of stock acquisition rights.」

    After paying a ¥0.50 per share dividend in the previous fiscal year, the company returned to a no-dividend policy for the current fiscal year due to the substantial net loss. A ¥0.50 per share dividend is planned for the next fiscal year.
  3. FY2025AchievedAnnual report

    「Regarding the distribution of surplus for the current fiscal year, based on the basic policy described above and other considerations, and taking into account the future operating environment, we decided to pay the originally planned ¥0.50 per share, despite the consolidated results of the Group for the fiscal year ended June 2025 having resulted in a temporary net loss attributable to owners of the parent. For the next fiscal year, a year-end dividend of ¥0.50 per share is planned.」

    Although the ¥1 per share dividend planned for the next fiscal year in the previous year was reduced to ¥0.50, the company paid the ¥0.50 year-end dividend for FY2025 and plans to pay ¥0.50 again for the next fiscal year.
  4. FY2024SoftenedAnnual report

    「Regarding the distribution of surplus for the current fiscal year, based on the basic policy described above and other considerations, and taking into account the company's results and future operating environment, we decided to pay the originally planned year-end dividend of ¥1.00 per share. For the next fiscal year, a year-end dividend of ¥0.50 per share is planned.」

    Although the company paid the ¥1 per share year-end dividend for the current fiscal year, the ¥1 dividend planned for the next fiscal year was reduced to a planned ¥0.50.
  5. FY2023AdvancedAnnual report

    「For the next fiscal year, a year-end dividend of ¥1.00 per share is planned.」

    Although no dividend was paid for the current fiscal year, the company has moved on from the previous year's "undecided" status and has specifically planned a year-end dividend of ¥1 per share for the next fiscal year.
  6. FY2022RestatedAnnual report

    「Regarding the distribution of surplus for the current fiscal year, although consolidated results returned to profitability, the losses recorded for the fiscal years ended June 2020 and June 2021 have not been recovered, and net assets have fallen below the amount of stated capital. We therefore determined that improving the financial position remains the highest priority and, regrettably, decided not to pay a year-end dividend. The dividend for the next fiscal year remains undecided due to the uncertain impact of any future spread of COVID-19.」

    The company continued to prioritize improving its financial position after returning to profitability, maintained the suspension of the year-end dividend, and left the dividend for the next fiscal year undecided.
  7. FY2021SoftenedAnnual report

    「With respect to the dividend for the fiscal year, the Group’s performance has been severely affected by the spread of COVID-19, and there is still no prospect of an end to the pandemic. In light of the fiscal year’s performance and other factors, the Company determined that improving its financial position should take priority and, regrettably, decided not to pay a year-end dividend.」

    The basic policy is to pay a year-end dividend once a year, but no dividend was paid for the current fiscal year due to the impact of the infection on results and the need to improve the financial position.
  8. FY2020-Q3RestatedAnnual report

    「16 August 2019 Board of Directors Common shares 2,266 0.20 30 June 2019 10 September 2019 Retained earnings」

    The Company disclosed the payment of the previous fiscal year’s year-end dividend of ¥0.20 per share.
  9. FY2019AdvancedAnnual report

    「With respect to the dividend for the fiscal year, after considering the basic policy described above and business performance, the Company decided to pay a year-end dividend of ¥0.20 per share.」

    The Company decided to pay a dividend of ¥0.20 per share for the year-end dividend that had been forgone in the previous fiscal year.
  10. FY2018RaisedAnnual report

    「With respect to the dividend for the fiscal year, the Company regrettably decided to forgo the year-end dividend after determining that retained earnings were necessary in light of the fiscal year’s performance and for future business development and expansion. The Company recognizes the return of profits to shareholders as an important management policy and has adopted as its basic policy an appropriate annual year-end dividend while taking into consideration the need to build retained earnings required for the Group’s future business development. Regarding the acquisition of treasury shares, the Company will respond appropriately, including the timing and scale of any acquisition, after considering its financial position, share price trends and other factors, as one means of returning profits to shareholders.」

    While maintaining the policy of forgoing the year-end dividend and paying a dividend once a year as its basic policy, the Company also specified the acquisition of treasury shares as one means of returning profits to shareholders.
  11. FY2017SoftenedAnnual report

    「With respect to the dividend for the fiscal year, the Company regrettably decided to forgo the year-end dividend because net income attributable to owners of the parent was a net loss and it determined that retained earnings were necessary for future business development and expansion. The Company recognizes the return of profits to shareholders as an important management policy and has adopted as its basic policy an appropriate annual year-end dividend while taking into consideration the need to build retained earnings required for the Group’s future business development.」

    While maintaining its basic policy of paying an annual year-end dividend, the Company forwent the year-end dividend for the fiscal year due to the net loss and the need for retained earnings.
  12. FY2017-Q3RestatedAnnual report

    「The dividend approved by the Board of Directors on 16 August 2016 was for common shares, with total dividends of ¥33.996 million and a dividend of ¥3.00 per share.」

    The payment of the previous fiscal year-end dividend, in line with the policy of paying an annual year-end dividend, is being restated.
  13. FY2017-Q1RestatedAnnual report

    「At a meeting of the Board of Directors held on 16 August 2016, the Company resolved to pay a dividend from surplus as follows.」

    In line with its policy of paying an annual year-end dividend, the Company resolved to pay a dividend of ¥3.00 per share, which was paid on 14 September 2016.
  14. FY2016First statedAnnual report

    「The Company’s basic policy is to pay an appropriate year-end dividend once a year, while taking into consideration the need to build retained earnings required for the Group’s future business development.」

    The Company has indicated a shareholder return policy centered on an annual year-end dividend while securing retained earnings required for business development.
Moved together

"Significant declines in operating profit and net income despite a slight increase in sales" moved the same way as this thread, in the same document, in 7 of its 18 moves.

754444★123456
  1. ★This thread
  2. 1Significant declines in operating profit and net income despite a slight increase in sales7×
  3. 2Delayed monetization of new and converted company-operated salons5×
  4. 3Overseas Brand Expansion Focused on Asian Markets4×
  5. 4Operation of a domestic and international network of brand share salons4×
  6. 5Supporting Hair Salons by Leveraging the Group’s Economies of Scale4×
  7. 6Improving profitability through the relocation and renovation of directly operated large-format stores and rebuilding the flagship store4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for M・H・GROUP LTD. yet. It last moved in the Management plan of 2026-10-08: "Reframed".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Returning profits while balancing retained earnings and an annual year-end dividend | M・H・GROUP LTD. (9439) | Komori