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July 25, 2022
Canon Marketing Japan Inc.
TSE Code: 8060
Tokyo Stock Exchange (First Section)
The Company announces that at a meeting of the Board of Directors held on July 25, 2022, it passed a resolution regarding the distribution of dividends from retained earnings with a record date of June 30, 2022. Details are as follows.
1. Details of Dividend
| Ratified Amount | Current Dividend Forecast (Announced on January 26, 2022) |
Dividend Paid for the Fiscal Year Ended December 31, 2021 |
|
|---|---|---|---|
| Base Period | June 30, 2022 | Same as left | June 30, 2021 |
| Dividend per Share | ¥40.00 | unfixed | ¥30.00 |
| Dividend Amount | ¥5,187 million | - | ¥3,890 million |
| Effective Date | August 26, 2022 | - | August 27, 2021 |
| Payment Source | Retained earnings | - | Retained earnings |
2. Reasons for the revision
The Company, in distributing profits, 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 40.00 yen per share, given the aforementioned policy and comprehensively considering earnings for this fiscal year. The annual dividend forecast will be revised to 80.00 yen per share based on the above policy and revision of the earnings forecast.
Cash Dividend Forecast for Fiscal Year 2022
| Dividend per Share | |||
|---|---|---|---|
| Base Period | Interim | Year End | Full Year |
| Previous Forecast | unfixed | unfixed | ¥75.00 |
| Revision of Forecast | - | ¥40.00 | ¥80.00 |
| Results for the Current Period | ¥40.00 | - | - |
| Results for the Previous Period (Fiscal Year Ended December 31, 2021) |
¥30.00 | ¥45.00 | ¥75.00 |