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Dividend Declaration

8 May 2015 12:50

RNS Number : 6575M
Konami Corporation
08 May 2015
 



May 8, 2015

FOR IMMEDIATE RELEASE

 

KONAMI CORPORATION

Takuya Kozuki, Representative Director, President

Shares listed: Tokyo and London Stock Exchange

 

Contact: Junichi Motobayashi, General Manager, Finance and Accounting

 Tel: +81-3-5771-0222

 

News Release: Notice Regarding Distribution of Retained Earnings

KONAMI 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, 2015 as below.

 

1. Details of year-end dividend

 

Year-end dividend

Previous year-end dividend forecast

(announced on May 8, 2014)

Year-end dividend for prior year, actual

(year ended March 31, 2014)

Record date

March 31, 2015

March 31, 2015

March 31, 2014

Dividend per share

12.50 yen

8.50 yen

17.00 yen

Amount of dividend

1,733 million yen

-

2,356 million yen

Date of payment

June 5, 2015

-

June 13, 2014

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, 2015. As a result, including the interim dividend of 8.50 yen per share paid on November 28, 2014, dividends on an annual basis will be 21 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, 2015 (actual)

8.50

12.50

21.00

Year ended March 31, 2014 (actual)

17.00

17.00

34.00

 

End of File

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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