Presentation Transcripts

Latest Update : May 26, 2009

Back to Financial Results (FY3/2009)

Investor Meeting Presentation for FY 3/2009 held on May 8, 2009

Finally, shown here is our basic financial strategy. I'm sorry to announce that the year-end dividend of just two yen per share will be proposed. Combined with the interim dividend of five yen per share, we will propose to pay an annual dividend of seven yen per share. Although we had initially forecasted an annual dividend of ten yen per share, we asked ourselves if paying dividends as forecasted would be a sound decision in light of the current economic conditions, often referred to as the worst in the last one hundred years.
We will take that three yen per share difference and use it in ways that will enhance value for our shareholders and investors.
We will also work toward realizing M&As that will enhance our integrated strength.
As the slide shows, our basic dividend policy aims at maintaining a stable and continuous distribution of profits. We will do everything we can to maintain this policy.

43page (total 44pages)

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