Eliminating accumulated losses and resuming dividends early
First written in FY2016. 18 of 38 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2025: 2 of 8 companies on the "Worse" side.
1 other company's latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Net assets increased by ¥362 million from the end of the previous consolidated fiscal year, as retained earnings increased following the recording of net income for the fiscal year attributable to owners of the parent of ¥360 million.」
Retained earnings increased from ¥195.97 million to ¥556.35 million. However, net income for the fiscal year included a gain on the sale of investment securities of ¥376.45 million. Resuming dividend payments remains a goal, but no dividend will be paid for either the current or next fiscal year. - FY2026-H1AdvancedAnnual report
「Total net assets increased by ¥327 million from the end of the previous consolidated fiscal year to ¥3.943 billion, as retained earnings increased following the recording of interim net income attributable to owners of the parent.」
Retained earnings increased from ¥195.973 million at the end of the previous fiscal year to ¥522.712 million. Retained earnings toward resuming dividend payments increased substantially following the recording of interim net income, including gains on the sale of investment securities. - FY2025AdvancedAnnual report
「Net assets increased by ¥32 million from the end of the previous consolidated fiscal year, as retained earnings increased following the recording of net income for the fiscal year attributable to owners of the parent of ¥64 million.」
Retained earnings increased from ¥131.012 million at the end of the previous fiscal year to ¥195.973 million. Resuming dividend payments remains a goal, but no dividend will be paid for either the current or next fiscal year, and the timing of resumed dividends is subject to an assessment of retained earnings. - FY2025-H1AdvancedAnnual report
「Total net assets increased by ¥19 million from the end of the previous consolidated fiscal year to ¥3.601 billion, as retained earnings increased following the recording of interim net income attributable to owners of the parent.」
Following the recording of interim net income of ¥19.589 million, retained earnings increased from ¥131.012 million to ¥150.602 million. Although the accumulation of retained earnings toward resuming dividend payments progressed, no dividend payments were applicable for the interim period. - FY2024-Q3SoftenedAnnual report
「Total net assets decreased by ¥3 million from the end of the previous consolidated fiscal year to ¥3.573 billion, mainly because retained earnings declined following the recording of a quarterly net loss attributable to owners of the parent.」
The first nine months recorded a quarterly net loss attributable to owners of the parent of ¥3.41 million, and retained earnings declined from ¥126.347 million at the end of the previous fiscal year to ¥122.937 million. The accumulation of retained earnings toward resuming dividend payments regressed. - FY2024-Q2SoftenedAnnual report
「Total net assets decreased by ¥84 million from the end of the previous consolidated fiscal year to ¥3.563 billion because retained earnings declined following the recording of a quarterly net loss attributable to owners of the parent.」
Retained earnings declined from ¥126.347 million at the end of the previous fiscal year to ¥113.118 million because of a quarterly net loss attributable to owners of the parent of ¥13.228 million. The accumulation of retained earnings toward resuming dividend payments regressed again during the quarter. - FY2024-Q1SoftenedAnnual report
「Total net assets decreased by ¥4 million from the end of the previous consolidated fiscal year to ¥3.572 billion, as retained earnings declined mainly because of the recording of a quarterly net loss attributable to owners of the parent.」
Retained earnings declined from ¥126.347 million to ¥121.819 million following the recording of a quarterly net loss attributable to owners of the parent of ¥4.527 million. The accumulation of retained earnings toward resuming dividend payments regressed during the quarter. - FY2023AdvancedAnnual report
「Net assets increased by ¥40 million from the end of the previous consolidated fiscal year, mainly because net income for the fiscal year attributable to owners of the parent of ¥40 million was recorded.」
Net income for the fiscal year attributable to owners of the parent of ¥40.57 million was recorded, and retained earnings increased from ¥85.769 million at the end of the previous fiscal year to ¥126.347 million. No dividend has yet been resumed, and the company is waiting to assess stable earnings from the film business and retained earnings. - FY2023-Q3SoftenedAnnual report
「Total net assets decreased by ¥29 million from the end of the previous consolidated fiscal year to ¥3.505 billion, mainly because retained earnings declined following the recording of a quarterly net loss attributable to owners of the parent.」
Retained earnings declined from ¥85.769 million at the end of the previous consolidated fiscal year to ¥55.832 million. Following the recording of a quarterly net loss, the accumulation of retained earnings toward resuming dividend payments regressed during the quarter. - FY2023-Q2SoftenedAnnual report
「Total net assets decreased by ¥22 million from the end of the previous consolidated fiscal year to ¥3.513 billion, mainly because retained earnings declined following the recording of a quarterly net loss attributable to owners of the parent.」
Retained earnings declined from ¥85.769 million to ¥63.389 million following the recording of a quarterly net loss of ¥22.379 million. The accumulation of retained earnings toward resuming dividend payments regressed during the quarter. - FY2023-Q1SoftenedAnnual report
「Total net assets decreased by ¥5 million from the end of the previous consolidated fiscal year to ¥3.529 billion, as retained earnings declined mainly because of the recording of a quarterly net loss attributable to owners of the parent.」
The first quarter recorded a quarterly net loss attributable to owners of the parent of ¥5.727 million, and retained earnings declined from ¥85.769 million at the end of the previous fiscal year to ¥80.041 million. There has been no explicit change regarding the early resumption of dividend payments, but the accumulation of retained earnings temporarily regressed. - FY2022AdvancedAnnual report
「Our corporate Group will aim to secure operating profit from its core businesses, including the mainstay film business, on a sustained long-term basis and resume dividend payments.」
The goal of resuming dividend payments continues. The current consolidated fiscal year recorded net income attributable to owners of the parent of ¥50.01 million, and retained earnings increased from ¥35.758 million at the end of the previous fiscal year to ¥85.769 million. However, no dividend will be paid for either the current or next fiscal year, and the timing of resuming dividend payments remains under review. - FY2022-Q3AdvancedAnnual report
「Total net assets increased by ¥11 million from the end of the previous consolidated fiscal year to ¥3.496 billion, as retained earnings increased mainly because of the recording of quarterly net income attributable to owners of the parent.」
Retained earnings increased from ¥35.758 million at the end of the previous fiscal year to ¥47.162 million. The company says that building stable retained earnings through the film business and other operations and resuming dividend payments will require a considerable amount of time, while continuing to pursue these goals. - FY2022-Q2RestatedAnnual report
「Our Group’s challenge is to secure operating profit from its core businesses, including the mainstay film business, on a sustained long-term basis and resume dividend payments. During the first six months of the current consolidated fiscal year, our cinemas operated with shortened hours and other measures within the scope of cooperation possible, following the declaration of a state of emergency due to the spread of COVID-19 and the emergency measures implemented in Tokyo in connection with that declaration. However, consolidated operating performance was difficult. Although the number of infected people had declined substantially, it remained difficult to forecast when the infection would end, given concerns about a resurgence during the winter. We therefore believe that building stable retained earnings from the earnings of core businesses, including the film business, will require a considerable amount of time.」
The company continues to regard resuming dividend payments as a challenge and says that building stable retained earnings will require a considerable amount of time because it is not possible to forecast when the infection will end. - FY2022-Q1RestatedAnnual report
「Amid this operating environment, while implementing measures to prevent the spread of COVID-19 and paying close attention to gathering information, reducing expenses and securing funds, we will once again pursue the strengthening of shareholders’ equity through operating profit and future profit distributions. We will respond to the new operating environment in each business segment, strengthen the Group’s earnings capacity and devote all our management resources to resuming dividend payments.」
The company continues to regard resuming dividend payments as a challenge and aims to strengthen shareholders’ equity and build retained earnings through operating profit. It recorded quarterly net income attributable to owners of the parent of ¥6.227 million in the first quarter, increasing retained earnings, but says that the impact of the infection continues to make the environment for securing stable retained earnings difficult. - FY2021SoftenedAnnual report
「We recognize that our Group’s challenge is to secure operating profit from its core businesses, including the mainstay film business, on a sustained long-term basis and resume dividend payments.」
The goal of resuming dividend payments remains in place, but retained earnings declined to ¥35.75 million following the recording of a net loss of ¥216.67 million. The company says that securing stable retained earnings and resuming dividend payments will require “some time and investment,” and has also refrained from publishing a medium-term business plan. - FY2021-Q3AdvancedAnnual report
「Total net assets increased by ¥17 million from the end of the previous consolidated fiscal year to ¥3.718 billion, as retained earnings increased mainly because of the recording of quarterly net income attributable to owners of the parent.」
Retained earnings increased from ¥252.428 million at the end of the previous consolidated fiscal year to ¥269.220 million, an increase of ¥16.792 million. The company says that resuming dividend payments early remains a challenge and that a difficult environment for building stable retained earnings continues. - FY2021-Q2RestatedAnnual report
「Our Group’s challenge is to secure operating profit from its core businesses, including the mainstay film business, on a sustained long-term basis and resume dividend payments.」
The company continues to regard resuming dividend payments as a challenge. It says that the impact of COVID-19 means that building stable retained earnings will require a considerable amount of time, and that it will continue reducing expenses, securing funds, and developing film-related content. - FY2021-Q1SoftenedAnnual report
「Our Group’s challenge is to secure operating profit from its core businesses, including the mainstay film business, on a sustained long-term basis and resume dividend payments. During the first quarter of the current consolidated fiscal year, the spread of COVID-19 had a significant impact on consolidated operating performance, including the temporary closure of our cinemas and driving schools, and we recorded a net loss attributable to owners of the parent. It remains difficult to forecast when the spread of COVID-19 will end, and we believe that building stable retained earnings from the earnings of core businesses, including the film business, will require a considerable amount of time.」
The goal of resuming dividend payments remains in place, but the company says that building stable retained earnings will require a considerable amount of time following closures caused by COVID-19 and the recording of a quarterly net loss. It cites cost reductions, securing funds, developing film-related content, and stabilizing the real estate and driving school businesses as means of achieving this. - FY2020SoftenedAnnual report
「Our Group’s challenge is to secure operating profit from its core businesses, including the mainstay film business, on a sustained long-term basis and resume dividend payments. During the current consolidated fiscal year, in addition to recording a net loss attributable to owners of the parent, the Group was affected by the spread of COVID-19 at the end of the fiscal year, and we believe that building stable retained earnings from the earnings of core businesses, including the film business, will require time.」
The goal of resuming dividend payments remains in place, but the company says that building stable retained earnings will require time following the recording of a net loss and the spread of COVID-19. - FY2020-Q3AdvancedAnnual report
「Total net assets increased by ¥12 million from the end of the previous consolidated fiscal year to ¥3.766 billion, as retained earnings increased mainly because of the recording of quarterly net income attributable to owners of the parent.」
Retained earnings increased from ¥303.719 million at the end of the previous consolidated fiscal year to ¥316.325 million. The company says that building stable retained earnings toward resuming dividend payments will still require time, while continuing to accumulate operating profit across all businesses and develop the film distribution-related business. - FY2020-Q2RestatedAnnual report
「Building stable retained earnings through improved earnings capacity will require more time. Accordingly, we will continue to strengthen our management foundation so that all businesses can steadily accumulate operating profit, while advancing the development of the film distribution-related business and enhancing our business content as a company engaged not only in film exhibition but also in film distribution, and pursuing more proactive management measures toward resuming dividend payments.」
The company says that accumulating stable retained earnings and resuming dividend payments will still require time, while continuing its policy of targeting resumed dividends through the accumulation of operating profit across all businesses, development of the film distribution-related business, and enhancement of its business content. - FY2020-Q1RestatedAnnual report
「Improving earnings capacity and securing stable retained earnings through the accumulation of operating profit, which will provide the funds for resuming dividend payments, will require more time. Accordingly, we will continue to strengthen our management foundation so that all businesses can steadily accumulate operating profit. In particular, in the film business, we will focus on developing the film distribution-related business and enhance our business content as a company engaged not only in film exhibition but also in film distribution, while pursuing more proactive management measures toward resuming dividend payments.」
The company says that improving the earnings capacity of the film business and securing stable retained earnings will still require time, while continuing its policy of resuming dividend payments through developing the film distribution-related business and enhancing its business content. - FY2019-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, net sales, operating profit, ordinary profit and quarterly net income attributable to owners of the parent increased year on year because of temporary income of ¥150 million related to real estate investment. However, we believe that more time will still be required to secure stable retained earnings through the accumulation of recurring operating profit from the core businesses. Accordingly, with a view to stable future profit distributions, we will focus on strengthening existing businesses and developing new businesses and content related to the film business, including in-house acquisition and distribution of films, to strengthen the Group’s earnings capacity and devote all our management resources to resuming dividend payments early.」
Although profit increased because of temporary real estate income, the company says that securing stable retained earnings from its core businesses will still require time, while continuing to target an early resumption of dividend payments through strengthening existing businesses and developing film-related content. - FY2019-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, net sales, operating profit, ordinary profit and quarterly net income attributable to owners of the parent increased year on year because of temporary income of ¥150 million related to real estate investment. However, we believe that more time will still be required to secure stable retained earnings through the accumulation of recurring operating profit from the core businesses. Accordingly, with a view to stable future profit distributions, we will focus on strengthening existing businesses and developing new businesses and content related to the film business, including in-house acquisition and distribution of films, to strengthen the Group’s earnings capacity and resume dividend payments early, and will devote all our management resources to these efforts.」
Although profit increased because of temporary real estate income, the company says that securing stable retained earnings from its core businesses will still require time, while continuing to target an early resumption of dividend payments through strengthening existing businesses and developing film-related content. - FY2019-Q1SoftenedAnnual report
「During the first quarter of the current consolidated fiscal year, net sales, operating profit, ordinary profit and quarterly net income attributable to owners of the parent increased substantially year on year. This was due to temporary income of ¥150 million related to real estate investment, and we believe that more time will still be required to secure stable retained earnings through the accumulation of recurring operating profit from the core businesses. Going forward, to strengthen shareholders’ equity with a view to future profit distributions, we will continue to focus on strengthening existing businesses and pursuing new businesses and content related to the film business, including in-house acquisition and distribution of films, thereby strengthening the Group’s earnings capacity and working toward an early resumption of dividend payments.」
Although retained earnings increased, the main driver of the higher profit was temporary real estate income, and the company states that securing stable retained earnings from its core businesses and resuming dividend payments early will still require time. - FY2018AdvancedAnnual report
「During the current consolidated fiscal year, the non-consolidated deficit carried forward was eliminated and retained earnings increased, partly because of dividends received on a temporary basis, but」
The non-consolidated deficit carried forward was eliminated. However, stable operating profit and retained earnings needed to resume dividend payments remain insufficient. Although net income attributable to owners of the parent for the fiscal year ending March 2019 is forecast at ¥145 million, the timing of resuming dividend payments remains under review and no dividend is expected. - FY2018-Q3AdvancedAnnual report
「During the first nine months of the current consolidated fiscal year, retained earnings increased to ¥127 million through the recording of interim net income attributable to owners of the parent. Going forward, we will continue our operating efforts toward resuming dividend payments early, including improving operations to strengthen the earnings capacity of existing businesses and developing businesses and content related to the film business, such as in-house acquisition and distribution of films.」
Retained earnings increased from ¥78.5 million at the end of the previous consolidated fiscal year to ¥127.9 million. The company continues to target an early resumption of dividend payments by strengthening the earnings capacity of existing businesses through operational improvements and through in-house acquisition and distribution of films. - FY2018-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, retained earnings increased to ¥94 million through the recording of interim net income attributable to owners of the parent. Going forward, to strengthen shareholders’ equity with a view to future profit distributions and steadily accumulate earnings, we will focus on further strengthening existing businesses and developing businesses and content related to the film business, including in-house acquisition and distribution of films, thereby strengthening the Group’s earnings capacity and continuing our operating efforts toward resuming dividend payments early.」
Retained earnings stood at ¥94.62 million, and the goal of resuming dividend payments early continues through strengthening existing businesses and the Group’s earnings capacity, including through in-house acquisition and distribution of films. - FY2018-Q1AdvancedAnnual report
「During the first quarter of the current consolidated fiscal year, retained earnings stood at ¥105 million at the end of the quarter, following the recording of quarterly net income attributable to owners of the parent, toward achieving the Group’s objective of resuming dividend payments. Going forward, to further strengthen shareholders’ equity with a view to future profit distributions, we will secure retained earnings through the long-term, stable accumulation of operating profit, while also focusing on further strengthening and developing existing businesses and developing new businesses and content related to the film business, including in-house acquisition and distribution of films, thereby strengthening the Group’s earnings capacity and devoting all our management resources to resuming dividend payments early.」
Retained earnings increased from ¥78.5 million at the end of the previous consolidated fiscal year to ¥105 million. Resuming dividend payments remains a goal, with the company citing the accumulation of operating profit, the strengthening of existing businesses, and the development of new content, including in-house acquisition and distribution of films, as means of achieving it. - FY2017AdvancedAnnual report
「For the fiscal year ended March 2018, on a consolidated basis, we aim to build retained earnings by securing net income attributable to owners of the parent of ¥55 million, while on a non-consolidated basis, we aim to eliminate the ¥12 million deficit carried forward that remains at the end of the fiscal year. Going forward, the Group will make every effort to further strengthen its major business segments, including the film, real estate and driving school businesses. In the film business, we will also engage in in-house acquisition and distribution of films and pursue more proactive management measures as a company comprehensively engaged in the film business.」
The company explained that, although the deficit carried forward was eliminated on a consolidated basis, a ¥12 million deficit remained on a non-consolidated basis. It explicitly set targets for the fiscal year ending March 2018 of securing net income attributable to owners of the parent of ¥55 million and eliminating the non-consolidated deficit carried forward, citing the strengthening of its existing major businesses and in-house acquisition and distribution of films as means of achieving them. - FY2017-Q3AdvancedAnnual report
「On the other hand, because compensation received in connection with the closure of the Shinjuku Musashino-kan and other matters was recorded as extraordinary income, retained earnings stood at ¥46 million at the end of the third quarter. Going forward, we will also focus on developing new businesses and content related to the film business, including in-house acquisition and distribution of films, to secure funds for future dividend distributions, and aim to resume dividend payments early by accumulating operating profit.」
Retained earnings increased from ¥28 million to ¥46 million. The goal of resuming dividend payments early continues, with the company citing the development of new content, including in-house acquisition and distribution of films, and the accumulation of operating profit as means of achieving it. - FY2017-Q2AdvancedAnnual report
「During the first six months of the current consolidated fiscal year, the Group eliminated the deficit carried forward, which had been a challenge, through the recording of quarterly net income attributable to owners of the parent, and retained earnings stood at ¥28 million at the end of the second quarter. However, further accumulation of operating profit and strengthening of retained earnings are essential to secure funds for future dividend distributions. To achieve this as soon as possible, we recognize that strengthening the Group’s earnings capacity by developing businesses and content related to the film business, including in-house acquisition and distribution of films, in addition to strengthening and developing existing businesses, is the most important factor in resuming dividend payments early.」
After the deficit carried forward was eliminated, retained earnings increased to ¥28 million. Resuming dividend payments early remains a goal, with the company citing the strengthening of existing businesses and in-house film acquisition and distribution as means of achieving it. - FY2017-Q1AdvancedAnnual report
「During the first quarter of the current consolidated fiscal year, the Group eliminated the deficit carried forward, which had been a challenge, through the recording of quarterly net income attributable to owners of the parent, and retained earnings stood at ¥19 million at the end of the first quarter. However, further accumulation of operating profit and retention of earnings are essential to strengthen shareholders’ equity with a view to future profit distributions. To achieve this as soon as possible, we will focus on strengthening and developing our existing businesses, as well as developing new businesses and content related to the film business, including in-house acquisition and distribution of films, thereby strengthening the Group’s earnings capacity and devoting all our management resources to resuming dividend payments early.」
The deficit in retained earnings was eliminated, and the balance at the end of the period was ¥19 million. Strengthening shareholders’ equity and resuming dividend payments early remain future goals, with the company citing the strengthening and development of existing businesses and in-house film acquisition and distribution as means of achieving them. - FY2016First statedAnnual report
「Eliminating the deficit carried forward has remained a challenge for our Group since the previous fiscal year. However, by steadily building our performance, as of the end of the current consolidated fiscal year, we were close to eliminating the deficit in retained earnings. Going forward, we believe that strengthening our equity base requires establishing a sound management foundation capable of withstanding future changes in the operating environment, by formulating more flexible management strategies aimed at further stabilizing the major business segments that form the pillars of our Group, including the film, real estate and driving school businesses, while also exploring new business opportunities. As a result, we recognize that achieving an early resumption of dividend payments is a challenge for our Group going forward.」
The deficit in retained earnings is said to be close to elimination, and resuming dividend payments remains a management priority. The company has refrained from publishing a medium-term business plan and states that no dividend is expected for the next fiscal year.