Presentation Transcripts

Latest Update : May 28, 2014

Back to Financial Results (FY3/2014)

Investor Meeting Presentation for FY 3/2014 held on May 9, 2014

Finally, let's look at our financial strategy. Although we used to pay an annual dividend of more than 10 yen per share in the past, for the fiscal year that ended March 2014 we will increase our dividend by one yen to make it an annual dividend of 8 yen upon approval at the general meeting of shareholders to be held in June.
If our performance exceeds our initial forecast, we will then look into a bigger dividend increase for this fiscal year. We set the dividend payout ratio target at 20%.
While we had been focusing on eliminating deficits and putting us on a growth track rather than increasing dividends, we have to look more carefully into how we can provide a higher return to our investors.

38page (total 42pages)

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