{"id":131935,"date":"2026-10-15T18:27:19","date_gmt":"2026-10-15T09:27:19","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/3174-20261015-03_wp_dividend\/"},"modified":"2026-10-15T18:27:19","modified_gmt":"2026-10-15T09:27:19","slug":"3174-20261015-03_wp_dividend","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-3174\/ir\/3174-20261015-03_wp_dividend\/","title":{"rendered":"Notice Regarding Distribution of Surplus (No Year-End Dividend)"},"content":{"rendered":"<p>Resolved to pay no dividend for surplus with record date August 31, 2026. The company will allocate retained earnings to strengthen management and capital expenditures. Although the payout ratio had been targeted at approx. 30%, due to deteriorated performance this term the year-end dividend will not be paid; the company aims for an early resumption of dividends.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3174","jir_company_name":"Happiness and D Co.,Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-15","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/3174-20261015-03.pdf","jir_short_summary":"Resolved to pay no dividend for surplus with record date August 31, 2026. The company will allocate retained earnings to strengthen management and capital expenditures. Although the payout ratio had been targeted at approx. 30%, due to deteriorated performance this term the year-end dividend will not be paid; the company aims for an early resumption of dividends.","jir_summary":"### Dividend Policy and Decision\nAt the board of directors meeting held today, it was resolved that the distribution of surplus (year-end dividend) with record date August 31, 2026, will be nil. The source and total amount of dividends are unknown, but the company states that while it basically aims for continuous stable dividends, it will allocate retained earnings to strengthen management and to capital expenditures such as new store openings.\n\n### Future Policy and Impact on Shareholders\nConsidering the earnings outlook and business development comprehensively, the company had set a target payout ratio of approximately 30% and a minimum annual dividend of 15 yen per share, but due to deteriorated performance this term the year-end dividend will not be paid. The company offers its sincere apologies to shareholders and aims to resume dividend payments as soon as possible.","jir_financial_highlights":"Record Date: August 31, 2026 (Unknown)\nDividend per Share: 0 yen 00 sen (Unknown)\nTotal Amount of Dividends: \u2015 (Unknown)","jir_category":"","jir_hashtags":"#HappinessAndD_ContentWasOmittedSoAutomaticTagsUnavailable","jir_key_figures":"Record Date: August 31, 2026\nDividend per Share: 0 yen 00 sen\nBreakdown of Annual Dividend: Record date August 31, 2026; prior term result 7 yen 50 sen, etc. (noted)","jir_meta_title":"Happiness and D Co.,Ltd. Announces No Dividend for Surplus\uff5cRecord Date August 2026","jir_meta_description":"Happiness and D Co.,Ltd. has resolved not to pay a dividend of surplus with record date August 2026. Explains retained earnings allocation policy, outlook for dividend resumption, and impact on shareholders.","jir_og_title":"Happiness and D Co.,Ltd. Announces No Dividend for Surplus\uff5cRecord Date August 2026","jir_og_description":"Resolved to pay no dividend of surplus for the August 2026 record date. Key points on retained earnings usage and outlook for dividend resumption, and impact on shareholders.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":61263,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"dividend","footnotes":""},"sector":[],"importance":[],"class_list":["post-131935","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice Regarding Distribution of Surplus (No Year-End Dividend) - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-3174\/ir\/3174-20261015-03_wp_dividend\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-3174\/ir\/3174-20261015-03_wp_dividend\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-3174\/ir\/3174-20261015-03_wp_dividend\/\",\"name\":\"Notice Regarding Distribution of Surplus (No Year-End Dividend) - 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