Notice Regarding Retained Earnings Dividend and Dividend Forecasts
At a meeting of the Board of Directors held on July 23, 2014, Canon Marketing Japan Inc. (the "Company") passed a resolution regarding the distribution of a dividend from retained earnings, with a record date of June 30, 2014 as follows. The Company also revised its forecast for the year-end dividend for the fiscal year ending December 31, 2014, as follows.
1. Dividend Details
Determined amount | Most recent dividend forecast (Announced April 22, 2014) |
Previous period result (First half of fiscal year 2013) |
|
---|---|---|---|
Record date | June 30, 2014 | June 30, 2014 | June 30, 2013 |
Dividend per share | 15.00 yen | 12.00 yen | 12.00 yen |
Total dividend amount | 1,945 million yen | - | 1,597 million yen |
Effective date | August 26, 2014 | - | August 27, 2013 |
Dividend resource | Retained earnings | - | Retained earnings |
2. Reasons
The Company emphasizes the return of profits to shareholders in its management policy. In returning profits, the Company focuses on a stable dividend, taking consolidated dividends into consideration.
For the current period, to achieve a stable shareholder's return and considering the consolidated financial results for the first and second quarters of the fiscal year ending December 31, 2014 and the full-year consolidated earnings forecasts for the fiscal year ending December 31, 2014, the Company plans to distribute an interim dividend of ¥15 per share and an year-end dividend of ¥15 per share.
- * Dividend forecasts are as set forth below.
Dividend per share | |||
---|---|---|---|
Record date | Interim | Year-end | Full Year |
Dividend forecasts | - | 15.00 yen | 30.00 yen |
Current year's dividend payout | 15.00 yen | - | - |
Previous year's dividend payout (Fiscal year ending December 31, 2013) |
12.00 yen | 12.00 yen | 24.00 yen |