Last checked at 10 May 2016 07:19
May 10, 2016 | |
FOR IMMEDIATE RELEASE | |
Company Name: | KONAMI HOLDINGS CORPORATION |
Representative: | Takuya Kozuki, Representative Director, President |
Shares listed: | Tokyo Stock Exchange and London Stock Exchange |
Contact: | Junichi Motobayashi, General Manager, Finance and Accounting Department (Phone: +81-3-5771-0222) |
News Release: Notice Regarding Distribution of Retained Earnings |
KONAMI HOLDINGS CORPORATION (the "Company") hereby announces the resolution passed at the meeting of its board of directors held today regarding the distribution of retained earnings with a record date of March 31, 2016 as below.
1. Details of year-end dividend
Year-end dividend | Previous year-end dividend forecast (announced on May 8, 2015) | Year-end dividend for prior year, actual (year ended March 31, 2015) | |
Record date | March 31, 2016 | March 31, 2016 | March 31, 2015 |
Dividend per share | 12.50 yen | 10.50 yen | 12.50 yen |
Amount of dividend | 1,691 million yen | - | 1,733 million yen |
Date of payment | June 3, 2016 | - | June 5, 2015 |
Source of dividend | Retained earnings | - | Retained earnings |
2. Reasons for the distribution of retained earnings
The Company believes that the provision of dividends and the enhancement of corporate value are important ways to return profits to its shareholders. The Company aims to achieve a consolidated payout ratio of more than 30% and will endeavor to further increase the level of dividends. The Company also intends to use retained earnings for investments focused on business areas with good future prospects in order to continue to reinforce Konami Group's growth potential and competitiveness.
A dividend of 12.50 yen per share was approved as a year-end dividend for the fiscal year ended March 31, 2016. As a result, including the interim dividend of 10.50 yen per share paid on November 20, 2015, dividends on an annual basis will be 23 yen per share.
(Reference) Details of the dividends on an annual basis
Cash dividends per share (yen) | |||
Second quarter end | Year end | Annual total | |
Year ended March 31, 2016 (actual) | 10.50 | 12.50 | 23.00 |
Year ended March 31, 2015 (actual) | 8.50 | 12.50 | 21.00 |
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