IR News
July 26, 2017
Canon Marketing Japan Inc.
President: Masahiro Sakata
TSE Code: 8060
Tokyo Stock Exchange (First Section)
Yoshiyuki Matsusaka
Director, Senior Vice President
Director in charge of
Corporate Planning Headquarters,
Brand Communications Headquarters

Notice Regarding Revision of Dividend Forecast for the Fiscal Year Ended December 31, 2017

Canon Marketing Japan Inc. announced today that at a Board of Directors meeting held on July 26, 2017, a decision was made to revise a dividend forecast for the fiscal year ending December 31, 2017.

1. Details of Dividend

  Ratified Amount Current Dividend Forecast
(Announced on April 25, 2017)
Interim Dividend Paid for the Fiscal Year Ended December 31, 2016
Base Period June 30, 2017 Same as left June 30, 2016
Dividend per Share 25.00 yen unfixed 20.00 yen
Dividend Amount 3,241 million yen - 2,593 million yen
Effective Date August 28, 2017 - August 26, 2016
Payment Source Retained earnings - Retained earnings

2. Reasons

The Company, in distributing profits in relation to the Three-Year Management Plan (2017-2019), has adopted a basic policy of paying out dividends after comprehensively considering its medium-term profit forecasts, investment plans and their resultant cash flows, among other items, while establishing a consolidated dividend payout ratio of at least 30%.
The interim dividend has been decided as 25.00 yen per share, given the aforementioned policy and comprehensively considering earnings for this fiscal year.
As the net income forecast for the fiscal year 2017 is unchanged, the forecast for the annual dividend, 50.00 yen per share, has been maintained; however, the forecast for the year-end dividend is 25.00 yen per share because the interim dividend is fixed and the year-end dividend is equal to the balance of annual dividend and interim dividend.

Breakdown of annual dividend

  Dividend per Share
Interim Year-end Full Year
Previous Forecast unfixed unfixed 50.00 yen
Revision of Forecast 25.00 yen 50.00 yen
Dividend fixed for the Fiscal Year 2017 25.00円
Previous Term
(Dividend Paid for the Fiscal year 2016)
20.00 yen 30.00 yen 50.00 yen
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