Canon Marketing Japan Inc. Investor Relations

IR News

January 29, 2018

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 of Dividend for the Fiscal Year Ended December 31, 2017

At a Board of Directors meeting held on January 29, 2018, a decision was made to strike dividend for the fiscal year ending December 31, 2017 as follows.

1. Details of Dividend

Ratified Amount Current Dividend Forecast
(Announced on October 23, 2017)
Dividend Paid for the Fiscal Year Ended December 31, 2016
Base Period December 31, 2017 Same as left December 31, 2016
Dividend per Share 35.00 yen 30.00 yen 30.00 yen
Dividend Amount 4,538 million yen - 3,890 million yen
Effective Date March 29, 2018 - March 30, 2017
Payment Source Retained earnings - Retained earnings

2. Reasons

The Company, in distributing profits in relation to the Three-Year Management Plan (2015-2017), 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%.
As for the dividend forecast for this fiscal year, 30 yen per share has been announced as of October 23, 2017, but the dividend has been increased to 35.00 yen per share, given the aforementioned policy and comprehensively considering earnings for this fiscal year, among other factors.

Breakdown of annual dividend

Dividend per Share
Base Period Interim Year-end Full Year
Dividend Paid for the Fiscal Year Ended December 31, 2017 25.00 yen 35.00 yen 60.00 yen
Dividend Paid for the Fiscal Year Ended December 31, 2016 20.00 yen 30.00 yen 50.00 yen