No-Dividend Policy Prioritizing Retained Earnings
First written in FY2016. 5 of 12 entries say "Restated". Latest entry: 2026-08-14.
5 other companies' latest entry also says "Raised".
- 2026-08-14RaisedEarnings
「2027年３月期（予想） 0.00 － 27.00 27.00」
年間配当予想を前期の24円から27円へ引き上げている。 - FY2026RaisedAnnual report
「The company regards returning profits to shareholders as one of its important management priorities and, after comprehensively considering growth investment to improve performance and corporate value and the accumulation of retained earnings to strengthen its management base, has adopted continuous and stable dividend payments as its basic policy.」「Regarding the year-end dividend for the fiscal year under review, the company plans to submit a resolution for a dividend of ¥24 per share at the annual general meeting of shareholders scheduled for 23 June 2026.」
The company plans to increase the dividend from ¥14 per share in the previous period to ¥24 per share in the current period, raising shareholder returns under a dividend policy that balances retained earnings and growth investment with shareholder returns. - 2026-05-15RaisedRevision of earnings forecasts
「また、2027年３月期の配当につきましては、期末配当として１株当たり27円（配当性向30.7％）と、前期に対し３円の増配を予定しております。」
配当方針の実行に続き、次期の1株当たり配当を27円とし、前期比3円の増配を予定した。 - FY2026-H1AchievedAnnual report
「24 June 2025 Annual general meeting of shareholders Common shares 406,857 14.0 31 March 2025 25 June 2025 Retained earnings」
The ¥14-per-share dividend decided under the policy in the previous period took effect on 25 June 2025, and dividend payments of ¥406.857 million were made. The change from a no-dividend policy to a policy of paying dividends was implemented. - FY2025AdvancedAnnual report
「The company regards returning profits to shareholders as one of its important management priorities and, after comprehensively considering growth investment to improve performance and corporate value and the accumulation of retained earnings to strengthen its management base, has adopted continuous and stable dividend payments as its basic policy.」「Regarding the year-end dividend for the fiscal year under review, the company plans to submit a resolution for a dividend of ¥14 per share at the annual general meeting of shareholders scheduled for 24 June 2025.」
Following the change from its no-dividend policy, the company formalized a dividend policy that balances growth investment and retained earnings with shareholder returns, and reached the stage of submitting a proposal for a dividend of ¥14 per share to the annual general meeting of shareholders. - FY2024ReframedAnnual report
「From the next fiscal year onward, the company will pay dividends because it has determined that, supported by solid performance trends, it can build retained earnings while balancing future growth investment with the return of profits to shareholders.」
The company changed its policy from paying no dividends since its establishment to paying dividends from the next fiscal year onward. Its basic policy going forward is to pay continuous and stable dividends while considering the balance with growth investment and retained earnings. - FY2023RestatedAnnual report
「The company has paid no dividends since its establishment, including in the fiscal year under review.」「Going forward, its basic policy is to pay dividends from surplus while maintaining a balance with retained earnings, after comprehensively considering its financial position, performance trends, and business and investment plans.」
The company has reconfirmed its policy of paying no dividends since establishment and considering future dividends while prioritizing retained earnings for the time being. - FY2021RestatedAnnual report
「Although the company recorded net income for the period, it believes that building retained earnings is important to strengthen its financial position and achieve continued business growth and development, and has paid no dividends since its establishment, including in the fiscal year under review.」
The company has reconfirmed its policy of continuing the suspension of dividends since establishment and using retained earnings to strengthen its financial position and expand its business. - FY2019RestatedAnnual report
「Although the company recorded net income for the period, it believes that building retained earnings is important to strengthen its financial position and achieve continued business growth and development, and has paid no dividends since its establishment, including in the fiscal year under review.」
The company has reconfirmed its policy of continuing the suspension of dividends since establishment and using retained earnings to strengthen its financial position and expand its business. - FY2018RestatedAnnual report
「Although the company recorded net income for the period, it believes that building retained earnings is important to strengthen its financial position and achieve continued business growth and development, and has paid no dividends since its establishment, including in the fiscal year under review.」
The company has reconfirmed its policy of continuing the suspension of dividends since establishment and using retained earnings to strengthen its financial position and expand its business. - FY2017RestatedAnnual report
「Although the company recorded net income for the period, it believes that building retained earnings is important to strengthen its financial position and achieve continued business growth and development, and has paid no dividends since its establishment, including in the fiscal year under review.」
The company has reconfirmed its policy of continuing the suspension of dividends since establishment and using retained earnings to strengthen its financial position and expand its business. - FY2016First statedAnnual report
「Believing that strengthening its financial position and building retained earnings are important to achieve long-term stability of its management base and continued business growth and development, the company has paid no dividends since its establishment, including in the fiscal year under review.」
The company has continued to pay no dividends through the current period and states its policy of using retained earnings to strengthen its financial position and expand its business. It will consider future dividends after taking its financial position, performance and investment plans into account.