Canon Marketing Japan Inc. Investor Relations

IR News

July 23, 2019

Canon Marketing Japan Inc.
President: Masahiro Sakata
TSE Code: 8060
Tokyo Stock Exchange (First Section)

Yoshiyuki Matsusaka
Director, Senior Vice President

Notice Regarding Revision of Dividend Forecast for the Fiscal Year Ending December 31, 2019

The Company announced today that at a Board of Directors meeting held on July 23, 2019, a decision was made to revise a dividend forecast for the fiscal year ending December 31, 2019.

1. Details of Dividend

Ratified Amount Current Dividend Forecast
(Announced on April 23, 2019)
Interim Dividend Paid for
the Fiscal Year Ended
December 31, 2018
Base Period June 30, 2019 Same as left June 30, 2018
Dividend per Share 30.00 yen unfixed 25.00 yen
Dividend Amount 3,890 million yen - 3,241 million yen
Effective Date August 26, 2019 - August 27, 2018
Payment Source Retained earnings - Retained earnings

2. Reasons for the revision

The Company, in distributing profits in relation to the Three-Year Management Plan (2019-2021), 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 30.00 yen per share, given the aforementioned policy and comprehensively considering earnings for this fiscal year.
The forecast for the annual dividend, 60.00 yen per share, has been maintained.

Cash Dividend Forecast for Fiscal Year 2019

Dividend per Share
Interim Year-end Full Year
Previous Forecast unfixed unfixed 60.00 yen
Revision of Forecast - 30.00 yen 60.00 yen
Dividend Paid for the Fiscal Year Ended December 31, 2016 30.00 yen - -
Previous Term (Dividend Paid for the Fiscal year 2018) 25.00 yen 35.00 yen 60.00 yen