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January 26, 2022
Canon Marketing Japan Inc.
TSE Code: 8060
Tokyo Stock Exchange (First Section)
At the Board of Directors meeting held on January 26, 2022, a decision was made to strike dividend for the fiscal year ended December 31, 2021 as follows.
1. Details of Dividend
| Ratified Amount | Current Dividend Forecast (Announced on October 25, 2021) |
Dividend Paid for the Fiscal Year Ended December 31, 2020 |
|
|---|---|---|---|
| Base Period | December 31, 2021 | Same as left | December 31, 2020 |
| Dividend per Share | ¥45.00 | ¥30.00 | ¥40.00 |
| Dividend Amount | ¥5,835 million | - | ¥5,186 million |
| Effective Date | March 30, 2022 | - | March 29, 2021 |
| Payment Source | Retained earnings | - | Retained earnings |
2. Reasons for the revision
Our basic policy on profit sharing is to pay dividends based on the consolidated payout ratio of at least 30%, comprehensively taking into consideration our medium-term income outlook and investment plans, as well as cash flows generated from them.
We expected the year-end dividend for the fiscal year under review to be 30 yen per share as announced on October 25, 2021. Now, as a result of comprehensively considering, among other factors, the above-mentioned policy and the results for the fiscal year under review, we have decided to increase it to 45 yen per share and pay an annual dividend of 75 yen per share, including the interim dividend. This is an increased amount compared to the previous fiscal year.
Breakdown of annual dividend
| Dividend per Share | |||
|---|---|---|---|
| Base Period | Interim | Year End | Full Year |
| Results for the Current Period | ¥30.00 | ¥45.00 | ¥75.00 |
| Results for the Previous Period (Fiscal Year Ended December 31, 2020) |
¥20.00 | ¥40.00 | ¥60.00 |