Basic Policy on Profit Allocation
Our firm recognizes that one crucial issue for its management is simultaneously securing competitiveness in our business lines and returning profits to our shareholders. However, when establishing new businesses to increase our corporate value, we will prioritize investment in businesses.
Status of Dividends
We have decided not to pay a dividend for FY2019 as the earned surplus, which is the source of dividends, is negative.
At the Ordinary General Meeting of Shareholders held on July 30, 2020, the proposal for capital reduction to compensate for the negative earned surplus was approved, and therefore the deficit in earned surplus will be eliminated on the effective date of September 15, 2020.
Regarding dividends from the next fiscal year onward, we will strive to improve profitability, strengthen its financial position, enhance retained earnings necessary for proactive business development, and aim for an early return of dividends.
Change in Dividends (As of July 30, 2020)
|Dividends per Share||Dividend Ratio (Consolidated)|
|Midterm Dividend（JPY）||Year-End Dividend（JPY）||Annual Dividend（JPY）|
Acquisition of Treasury Stock
|Purchase Period||No. of Shares Purchased||Total Purchase Value||Details|
|07/28/2011 – 11/30/2011||717,100 shares||¥93,428,300||PDF:87K|
|12/17/2010 – 1/07/2011||790,000 shares||¥134,984,100||PDF:85K|
Disposal of Treasury Stock
|Date of Disposal||No. of Disposed Shares||Total Disposal Value||Details|