Profit Distribution
Fundamental Profit Distribution Policy
Increasing corporate value and actively returning profits to shareholders are fundamental management objectives at Sekisui Chemical. As far as the Company’s profit distribution policy to shareholders is concerned, Sekisui Chemical seeks to secure a DOE of around 3% while targeting a dividend payout ratio of 30% on a consolidated basis, and implements stable dividend measures in line with its performance.
The Company pays dividends twice annually, with the dates of record set as the last day of the first half (September 30) and the last day of the fiscal year (March 31). Surplus funds are flexibly used for share buyback, to improve capital efficiency, and to increase earnings per share with the objective of enhancing shareholder return. Internal cash reserves are utilized for R&D, capital investment, strategic investment, loans and investments, and other activities essential to enhancing future corporate value.
Dividends per Share (yen)
Annual Dividends per Share (yen)
(FY)FY | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017(outlook) |
---|---|---|---|---|---|---|---|---|---|
Interim (yen) | 5 | 5 | 7 | 9 | 11 | 13 | 14 | 16 | 19※ |
Fiscal year end (yen) | 5 | 8 | 8 | 9 | 12 | 14 | 16 | 19※ | 19 |
Annual (yen) | 10 | 13 | 15 | 18 | 23 | 27 | 30 | 35 | 38 |
Dividend payout ratio | 45.2% | 28.9% | 27.8% | 30.8% | 28.7% | 25.8% | 26.1% | 27.7% | ー |
*Including 70th anniversary commemorative dividend of 1 yen per share.
Acquisition of Treasury Stock
Purchase Period | Purchase Method | Total Number of Shares | Total Cost |
---|---|---|---|
(Apr 28, 2017 – Mar 30, 2018) Jun 1, 2017 – Feb 7, 2018 |
Purchase on the Tokyo Stock Exchange | (Limited to 8 million shares) 7,941,300 shares |
(Limited to 16 billion yen) 15,999,904,900 yen |
Apr 28, 2016 – Mar 31, 2017 | Purchase on the Tokyo Stock Exchange | 10,868,000 shares | 16,351,702,700 yen |
Jul 1, 2015 – Aug 28, 2015 | Purchase on the Tokyo Stock Exchange | 12,000,000 shares | 16,764,518,970 yen |
Nov 4, 2014 – Dec 15, 2014 | Purchase on the Tokyo Stock Exchange | 10,633,000 shares | 14,998,747,000 yen |
Nov 1, 2013 – Nov 28, 2013 | Purchase on the Tokyo Stock Exchange | 8,714,000 shares | 9,999,590,000 yen |
Feb 3, 2012 | Purchase on the Tokyo Stock Exchange | 7,000,000 shares | 4,536,000,000 yen |
Feb 2, 2011 | Purchase on the Tokyo Stock Exchange | 3,308,000 shares | 2,156,816,000 yen |
*Information relating to purchase after FY2009
Retirement of Treasury Stock
Date of Retirement | Number of Stocks to be Retired | Ratio of Total Number of Issued Shares before the Retirement | (Reference) Total Number of Issued Shares after the Retirement |
---|---|---|---|
May 25, 2017 | 10,000,000 shares | 1.96% | 500,507,285 shares |
Dec 10, 2015 | 10,000,000 shares | 1.92% | 510,507,285 shares |
Dec 25, 2014 | 12,000,000 shares | 2.25% | 520,507,285 shares |
May 25, 2012 | 7,000,000 shares | 1.30% | 532,507,285 shares |
*Information relating to retirement after FY2009
Press Release
- Feb 7, 2018Announcement concerning the Results and the Completion of the Acquisition of Treasury Stock through ToSTNeT-3
- Dec 4, 2017Announcement concerning the Status of the Acquisition of Treasury Stock
- Nov 7, 2017Announcement concerning the Results of the Acquisition of Treasury Stock through ToSTNeT-3
- Jul 4, 2017Announcement concerning the Status of the Acquisition of Treasury Stock
- Jun 14, 2017Announcement concerning the Results of the Acquisition of Treasury Stock through ToSTNeT-3
- Apr 27, 2017Notice Regarding Purchase of Treasury Stock and Retirement of Treasury Stock
- Mar 31, 2017Announcement Concerning Completion of Acquisition of Treasury Stock
- Oct 29, 2015Notice Regarding Retirement of Treasury Stock
- Aug 31, 2015Announcement Concerning Completion of Acquisition of Treasury Stock
- Dec 16, 2014Announcement Concerning Completion of Acquisition of Treasury Stock
- Oct 30, 2014Notice Regarding Purchase of Treasury Stock and Retirement of Treasury Stock
- Nov 29, 2013Announcement Concerning Completion of Acquisition of Treasury Stock
- Apr 26, 2012Notice Regarding Retirement of Treasury Stock
- Feb 3, 2012Announcement concerning the Results and the Completion of the Acquisition of Treasury Stock through ToSTNeT-3
- Feb 2, 2011Announcement concerning the Results and the Completion of the Acquisition of Treasury Stock through ToSTNeT-3