東京都港区赤坂にリニューアブル・ジャパン株式会社を設立

インフラファンドの投資運用事業を目的として、東京都港区虎ノ門にアールジェイ・インベストメント株式会社を設立

日本再生可能エネルギーインフラ投資法人が、株式会社東京証券取引所インフラファンド市場に上場

東急不動産株式会社と再生可能エネルギー事業領域における資本業務提携契約を締結

小売電気事業者である株式会社みらい電力の株式を取得

東京証券取引所マザーズに株式を上場

東京証券取引所の市場区分の見直しにより、マザーズ市場からグロース市場に移行

日本再生可能エネルギーインフラ投資法人を子会社化

海外事業としてスペイン王国に進出
初の海外案件となる太陽光発電所を取得

東急不動産株式会社と南欧における共同出資協定を締結

<h3>3. Dividend Policy</h3>
The Company views returning profits to shareholders as an important management priority. However, we believe that the greatest benefit to shareholders comes from strengthening our financial position, building up internal reserves for business expansion, and allocating resources to operational efficiency improvements and growth investments. Accordingly, we have not paid dividends since our founding and intend to continue prioritizing the accumulation of internal reserves for the foreseeable future.
Internal reserves will be allocated according to future business strategy, including capital for new solar power plant development and funding for business initiatives related to other renewable energy generation facilities.
Looking ahead, while strengthening profitability and establishing our business foundation, we intend to provide stable and continuous profit returns to shareholders, taking into account the status of internal reserves and the business environment surrounding the Company. However, the timing and feasibility of dividend implementation remain undetermined at this time.
Surplus earnings may be distributed as interim or year-end dividends. Matters specified in Article 459, Paragraph 1 of the Companies Act shall be determined by Board of Directors resolution rather than shareholder approval, except where otherwise provided by law.

For the time being, the company will not pay dividends and instead aims to build up retained earnings. These retained earnings will be allocated to new investment funds for solar power plant development and business capital for other renewable energy power generation projects. While the company plans to implement stable and continuous profit returns to shareholders in the future, the timing of dividend payments has not yet been determined.

Fiscal Year	Type	Interim	Year-End	Total	Payout Ratio
FY2024	Actual(2025/02/14)	-	-	0	-
FY2023	Actual(2024/02/13)	-	-	0	-
FY0	Actual(2023/11/14)	-	-	0	-

(E37205) Dividends

Dividend Policy

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Dividend History (Forecasts, Revisions, Actuals)