Notice of payment of dividends from surplus

May 11, 2017
Asahi Kasei Corp.

The Board of Directors of Asahi Kasei Corp. has today made a resolution as shown below regarding the payment of dividends from surplus with a date of record of March 31, 2017.

1.Substance of dividend payments

Resolved todayLatest forecast
(announced on February 7, 2017)
Dividends paid at end of fiscal 2015
Date of record March 31, 2017 March 31, 2017 March 31, 2016
Dividend per share ¥14 ¥10 ¥10
Total dividend amount ¥19,553 million ¥13,968 million
Payment date June 6, 2017 June 6, 2016
Source of dividends Retained earnings Retained earnings

2.Reason of the resolution

The company’s basic policy is to continuously generate cash flow as a source of funds to invest for further growth and to perform return to shareholders through dividends in an appropriate balance.

The dividend at the end of fiscal 2016 is now ¥14 per share in consideration of the above stated policy. As a result, the annual dividend per share increased by ¥4 from a year ago to ¥24 per share, as shown in the following table.

In accordance with Asahi Kasei’s Articles of Incorporation, dividends from surplus are determined by resolution of the Board of Directors.

Cash dividend per share (yen)
Date of record End of Q2 Fiscal year end Total
Dividend adopted ¥10 ¥14 ¥24
cf. fiscal 2015 ¥10 ¥10 ¥20