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January 27, 2023
Canon Marketing Japan Inc.
TSE Code: 8060
Tokyo Stock Exchange (Prime Market)
At the Board of Directors meeting held on January 27, 2023, Canon Marketing Japan Inc. resolved to pay dividend from the retained earnings for the fiscal year ended December 31, 2022 as follows.
1. Details of Dividend
| Ratified Amount | Latest Dividend Forecast (Announced on October 25, 2022) |
Dividend Paid for the Fiscal Year Ended December 31, 2021 | |
|---|---|---|---|
| Base Period | December 31, 2022 | Same as left | December 31, 2021 |
| Dividend per Share | ¥50.00 | ¥45.00 | ¥45.00 |
| Dividend Amount | ¥6,483 million | - | ¥5,835 million |
| Effective Date | March 30, 2023 | - | March 30, 2022 |
| 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 45 yen per share as announced on October 25, 2022. 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 50 yen per share and pay an annual dividend of 90 yen per share, including the interim dividend.
| Dividend per Share | |||
|---|---|---|---|
| Base Period | Interim | Year End | Full Year |
| Results for the Current Period | ¥40.00 | ¥50.00 | ¥90.00 |
| Results for the Previous Period (Fiscal Year Ended December 31, 2021) |
¥30.00 | ¥45.00 | ¥75.00 |