July 31, 2014
Minebea Co., Ltd.
Notice Regarding Revisions to Dividend Forecast for the Fiscal Year Ending March 31, 2015
Minebea Co., Ltd. announced today that it has revised dividend forecast announced on May 9, 2014 for the fiscal year ending March 31, 2015 (from April 1, 2014 to March 31, 2015) as outlined below, in light of recent business conditions.
1. Details of the Revisions
|End of second quarter||Year-end||For the year|
(announced on May 9, 2014)
|4.00 yen||4.00 yen||8.00 yen|
|Revised forecast||5.00 yen||5.00 yen||10.00 yen|
|Results for the fiscal year ended March 31, 2014||3.00 yen||5.00 yen||8.00 yen|
2. Reasons for Revisions
Our dividend policy is to consider financial affairs and management environments from a comprehensive standpoint and to maintain stable profit sharing on an ongoing basis with the primary focus on the efficiency improvement of shareholders' equity and the better distribution of profits to shareholders with a view to achieving shareholder returns at a level that better reflects actual business performances as our basic policy.
Based on the basic policy mentioned above and in light of considerably improved results of operations forecast for the current fiscal year, we have concluded to revise the annual dividend of 10 yen per share from 8 yen per share by increasing both interim and year-end dividends by 1 yen per share with the aim of responding to your continued support as shareholders.
(Note) The forecasts contained in this press release are made based on the information available as of the date of the announcement. The actual results may differ from the forecasts due to a variety of factors in the days to come.
|Company Name:||Minebea Co., Ltd.|
President and Chief Executive Officer
(Code No. 6479, TSE Div. No.1)
Managing Executive Officer,
Deputy Officer in Charge of Administration,
Accounting, and IT Division
Product information, contact and other context are subject to change without prior notice.