Notice of payment of dividends from surplus
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, 2018.
1．Substance of dividend payments
|Resolved today||Latest forecast
(announced on February 7, 2018)
|Dividends paid at end of fiscal 2016|
|Date of record||March 31, 2018||March 31, 2018||March 31, 2017|
|Dividend per share||¥20||¥14||¥14|
|Total dividend amount||¥27,932 million||—||¥19,553 million|
|Payment date||June 5, 2018||—||June 6, 2017|
|Source of dividends||Retained earnings||—||Retained earnings|
2．Reason of the resolution
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 dividend at the end of fiscal 2017 is now ¥20 per share in consideration of the above stated policy. As a result, the annual dividend per share increased by ¥10 from a year ago to ¥34 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|
|cf. fiscal 2015||¥10||¥14||¥24|