No-Dividend Policy Prioritizing Retained Earnings and Future Profit Returns
First written in FY2023. 6 of 9 entries say "Advanced", first in FY2024. Latest entry: 2026-08-14.
- FY2026-H1RestatedAnnual report
「1. Dividends paid Not applicable.」
No dividends were paid during the interim consolidated accounting period either. - FY2025-H1AdvancedAnnual report
「Expenditure on the acquisition of treasury shares △ 84,504」
The treasury share acquisition resolved in the previous fiscal year was carried out, with expenditure of ¥84.504 million and holdings of 371,300 treasury shares reported. No dividends were paid during the interim consolidated accounting period. - FY2024AdvancedAnnual report
「Total number of shares to be acquired: 600,000 shares (maximum) Total acquisition cost: ¥150 million (maximum) Acquisition period: 6 January 2025 to 30 June 2025」
While maintaining its no-dividend policy and prioritizing retained earnings, the Company resolved on 20 December 2024 to acquire treasury shares. The disclosure adds specific measures concerning shareholder returns and flexible capital management. - FY2024-Q2RestatedAnnual report
「1. Dividends paid Not applicable.」
The Company states that no dividends were paid during the six-month period ended [date]. - FY2023First statedAnnual report
「The Group currently recognizes that it is in a growth phase and has a policy of focusing on building up retained earnings. It believes that using retained earnings for expenses related to recruiting and developing talented personnel and for development costs to strengthen and maintain the profitability of its services, thereby pursuing further business expansion, will lead to stable and sustained returns of profits to shareholders in the future.」
The Company states that it has paid no dividends since its establishment and plans, for the time being, to prioritize investment in human resources and development with the aim of returning profits in the future.