Retained Earnings Prioritized for Growth Investment and Future Shareholder Returns
First written in FY2022. 5 of 6 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「The company has not paid dividends since its establishment because it has recognized that it is currently in a growth phase and has worked to retain earnings for business expansion and strengthening its financial foundation. Going forward, it intends to carefully determine the allocation of profits between dividends and retained earnings, taking into account earnings trends, cash flow, investment plans and the level of retained earnings. Retained earnings are expected to be used for the expansion of existing businesses, the development of new businesses and effective investment in internal infrastructure.」
The company has reconfirmed its policy of continuing not to pay dividends and prioritizing retained earnings for investment in existing businesses, new businesses and internal infrastructure, while determining future dividends based on its financial position and other factors. - 2026-08-14RestatedEarnings
「Fiscal year ending June 2027 (forecast) — 0.00 — 0.00 0.00」
The Company forecasts annual dividends of ¥0.00 for the fiscal year ending June 2027 as well. - FY2025RestatedAnnual report
「The company has not paid dividends since its establishment because it has recognized that it is currently in a growth phase and has worked to retain earnings for business expansion and strengthening its financial foundation. Going forward, it intends to carefully determine the allocation of profits between dividends and retained earnings, taking into account earnings trends, cash flow, investment plans and the level of retained earnings. Retained earnings are expected to be used for the expansion of existing businesses, the development of new businesses and effective investment in internal infrastructure.」
The company has reconfirmed its policy of continuing not to pay dividends and prioritizing retained earnings for investment in existing businesses, new businesses and internal infrastructure, while determining future dividends based on its financial position and other factors. - FY2024RestatedAnnual report
「The company has not paid dividends since its establishment because it has recognized that it is currently in a growth phase and has worked to retain earnings for business expansion and strengthening its financial foundation. Going forward, it intends to carefully determine the allocation of profits between dividends and retained earnings, taking into account earnings trends, cash flow, investment plans and the level of retained earnings.」
The company has reconfirmed its policy of continuing not to pay dividends and prioritizing retained earnings for business expansion and strengthening its financial foundation, while determining future dividends based on its financial position and other factors. - FY2023RestatedAnnual report
「The company has not paid dividends since its establishment because it has recognized that it is currently in a growth phase and has worked to retain earnings for business expansion and strengthening its financial foundation. Going forward, it intends to carefully determine the allocation of profits between dividends and retained earnings, taking into account earnings trends, cash flow, investment plans and the level of retained earnings.」
The company has reconfirmed its policy of continuing not to pay dividends and prioritizing retained earnings for business expansion and strengthening its financial foundation, while determining future dividends based on its financial position and other factors. - FY2022First statedAnnual report
「The Company currently recognizes that it is in a growth phase. It believes that building up retained earnings and allocating them to investments to strengthen earnings capacity and develop its business base, thereby pursuing further business expansion, will lead to stable and sustainable returns to shareholders in the future.」
The company has paid no dividends since its establishment and has indicated that, for the time being, it intends to allocate retained earnings to investments in profitability and its business foundation.