Increasing corporate value and returning profit to our shareholders are fundamental management objectives at Sekisui Chemical.The Company's objective for shareholder return is to maintain a stable dividend level with a target consolidated-basis dividend payout ratio of 30%.
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). In line with company policy, when in possession of surplus funds, these funds are used for share buyback programs to enhance shareholder return as well as to improve capital efficiency and increase earnings per share. Internal cash reserves are utilized for R&D, capital investment, strategic investment, loans and investments, and other activities essential to the future growth of corporate value.
Cash Dividends per Share (yen)
| FY2007 |
FY2008 |
FY2009 |
FY2010 |
FY2011 Plan |
| 15 |
10 |
10 |
13 |
14 |
|
