This is to notify you that we have decided to revise the forecast for the dividend per share at the Board of Directors meeting held today.
1. Reasons for the revision
Increasing corporate value and returning profit to shareholders are fundamental
management objectives at Sekisui Chemical. The management objective for shareholder
return is to maintain a stable dividend level with a target consolidated-basis
dividend payout ratio of 30%.
Therefore, as we confirmed the business results
to exceed the previous forecast, we have revised the dividend forecast for the
period as below, by comprehensively taking the payout ratio and other aspects
into account.
2. Revised dividend predictions
|
|
Dividend Per Share (in yen) |
||
|
At the end of 2nd quarter |
Year-end |
Full year |
|
|
Previous Forecast |
12.00 |
12.00 |
24.00 |
|
Current Revised Forecast |
― |
13.00 |
26.00 |
|
Dividend Paid in the Current Period |
13.00 |
― |
― |
|
Dividend Paid in the Previous Period |
11.00 |
12.00 |
23.00 |
*Notes: Please note that the forecast values described in this data were created based on the information that could be obtained at the time, and may differ from the actual results due to various reasons in the future.
Disclaimer
This press release may contain forward-looking statements. Such forward-looking statements are based on current expectations and beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements due to changes in global economic, business, competitive market and regulatory factors.