SUMIDA: Investor News

Notice of 4th Quarter Dividend for Fiscal Year 2012 & Dividend Policy for Fiscal Year 2013

February 15th 2013 Press Release

At the Board of Directors’ meeting held today, the Board resolved the payment of the dividend for the 4th quarter of FY2012 ending December 31, 2012 as well as the dividend policy for FY2013.

  1. Contents of dividend for 4th Quarter of Fiscal Year 2012
      Resolved Most Recent Forecast
    (announced on October 30, 2012)
    Record Date December 31, 2012  December 31, 2012 
    Dividend per Share 5 yen 5 yen
    Total Amount of Dividend Paid 96 million JPY -
    Effective Date March 4, 2013  -
    Dividend Resource Retained Earnings -
    As of December 31, 2012, the total number of issued shares is 19,944,317 shares and of which 732,361 shares are treasury stocks. Therefore, 19,211,956 shares would be those for which the 4th quarter dividend be distributed.

     

  2. Dividend Policy for Fiscal Year 2013
    There is no change in the Dividend Policy for Fiscal Year 2013.

    [Dividend Policy]

    • The Company shall decide on the base amount of annual dividend at the beginning of the next fiscal year in accordance with the annual business plan and basic dividend payout ratio (25%-30%) and divide it into quarters to pay on a quarterly basis. However, in order to ensure stable dividends, the base amount of annual dividend shall be 20 yen or more per share.
    • In addition, in order to have dividends reflect the consolidated business results, if the dividend amount calculated with consolidated net income and basic dividend payout ratio exceeds the base amount of annual dividend, the Company shall add the excess amount to the annual dividend when paying dividends for the fourth quarter. 

    The dividend payment schedule for Fiscal Year 2013 is:

    Fiscal Year 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Total
    2013 (plan) 5 JPY 5 JPY 5 JPY 5 JPY* 20 JPY*


    * Based on the dividend policy, if the dividend amount calculated with consolidated net income and basic dividend payout ratio exceeds the base amount of annual dividend, it is the Company's policy to add the excess amount to the annual dividend when paying dividends for the fourth quarter.

Please click on the press release link above to view a pdf version of this item. 

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