Dividend policy
The dividend policy of the Suzuken Group is to raise the consolidated dividend payout ratio in stages to 30%, based on an ongoing policy of steady dividends, to acquire treasury stock if the average total return ratio exceeds 80% for the two years until the fiscal year ending March 31, 2020, the final fiscal year of the medium-term growth strategy, One Suzuken 2019, and the Group will aim to enhance shareholder returns and raise corporate value and capital efficiency.
The Company's basic policy governing dividends on surpluses is to issue dividends twice a year, namely an interim dividend and a year-end dividend. The Articles of Incorporation stipulate that decisions on dividends shall be based on Article 459 Paragraph 1 of the Companies Act, and that dividends on surpluses may be paid based upon a resolution of the Board of Directors without requiring a resolution of the General Meeting of Shareholders.
At the same time, in order to be competitive and to achieve stable growth amid harsh industry circumstances, it is also important to focus the allocation of internally generated cash on business expansion and reinforcing the operating base in marketing, distribution, and information technology.
Dividend projections
(As of May 9, 2018)
Dividend projections for fiscal year ending March 2018
| Interim dividend | Year-end dividend | Full-year dividend | |
|---|---|---|---|
| Dividend per share | Ordinary dividend \27 (Estimate) | Ordinary dividend \27 (Estimate) | \54 (Estimate) |
Per-share dividend payments and related information
Please note the following:
- This site will not be immediately updated if correction of earnings data and others are announced.
- Retroactive revision of related financial indicators due to stock split, etc. is not reflected.
- Frequency of updates may vary due to changes in earnings report format.
The data used within this site is compiled from the earnings announcements.
In the preparation of the various data shown within this site, we make every effort to ensure its accuracy. But despite our best efforts, the possibility for inaccuracy in the data due to reasons beyond our control exists.
For more detailed earnings information please see the Reference Material.
The data contained within this page is provided by PRONEXUS INC.