Notice of payment of dividends from surplus (interim dividend) and revision of year-end dividend forecast for fiscal 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 (interim dividend) with a date of record of September 30, 2017, and regarding revision of the forecast for the fiscal 2017 year-end dividend.
1．Reason of the resolution regarding dividends from surplus (interim dividend) and revision of year-end dividend
The company’s basic policy is to strive for stable dividends and increased dividends through continuous earnings growth while maintaining an appropriate internal reserve to perform well-balanced investment for growth and return to shareholders.
The interim dividend for fiscal 2017 is now ¥14 per share, increased by ¥2 from the latest forecast announced on August 3, 2017, in consideration of the above stated policy. The year-end dividend forecast is also increased by ¥2 per share to ¥14 per share, resulting in an annual dividend forecast of ¥28 per share.
2．Substance of dividends from surplus (interim dividend)
|Resolved today||Latest forecast
(announced on August 3, 2017)
|Dividends paid at end of Q2 2016|
|Date of record||September 30, 2017||September 30, 2017||September 30, 2016|
|Dividend per share||¥14||¥12||¥10|
|Total dividend amount||¥19,552 million||—||¥13,967 million|
|Payment date||December 1, 2017||—||December 1, 2016|
|Source of dividends||Retained earnings||—||Retained earnings|
3．Revision of year-end dividend
|Cash dividend per share (yen)|
|Date of record||End of Q2||Fiscal year end||Total|
(August 3, 2017)
|cf. fiscal 2016||¥10||¥14||¥24|