|
|
 |
|
|
|
Dividend Policy
|
|
 |
In accordance with the basic policy for the provision of continuous shareholder returns, we have adopted a performance-linked dividend payment to actively return earnings in accordance with its operating results, and determine dividend payments by focusing on the dividend payout ratio. Based on this policy, we will determine a dividend amount based on a payout ratio of at least 25% on a consolidated basis or a pay ratio of at least 30% on a non-consolidated basis, whichever is higher.
We will use retained earnings as funds designed to deliver long-term benefits for shareholders. Namely, it will use these funds to develop new businesses, improve customer services, establish information and logistics systems to streamline operations, bolster working capital in line with growing sales, and enhance its financial strength. |
|
|
Status of Dividends
|
|
|
Fiscal Period Ended |
Interim Dividend(yen) |
End-of-Term Dividend
(yen) |
Annual (Total) Dividend
(yen) |
Payout Ratio
(%) |
| FY2010(ending Mar.2011) |
5(forecast) |
6(forecast) |
11(forecast) |
26.1%(forecast) |
| FY2009(ended Mar.2010) |
3 |
5 |
8 |
46.2% |
| FY2008(ended Mar.2009) |
8 |
0 |
8 |
- |
| FY2007(ended Mar.2008) |
12 |
6 |
18 |
54.0 |
| FY2006(ended Mar.2007) |
12 |
18 |
30 |
23.2 |
| FY2005(ended Mar.2006) |
10 |
13 |
23 |
23.0 |
| FY2004(ended Mar.2005) |
9 |
10 |
19 |
28.1 |
| FY2003(ended Mar.2004) |
7 |
9 |
16 |
35.8 |
| FY2002(ended Mar.2003) |
7 |
9 |
16 |
59.3 |
| FY2001(ended Mar.2002) |
7 |
7 |
14 |
- |
| FY2000(ended Mar.2001) |
7 |
9 |
16 |
10.5 |
| FY1999(ended Mar.2000) |
7 |
9 |
16 |
34.1 |
| FY1998(ended Mar.1999) |
7 |
9 |
16 |
60.6 |
| FY1997(ended Mar.1998) |
7 |
9 |
16 |
32.5 |
| FY1996(ended Mar.1997) |
- |
15 |
15 |
12.4 |
|
|
Stock Split Informations
|
|
|
Issued Date |
Split |
| May 20, 1997 |
1 : 1.1 |
| May 22, 2000 |
1 : 1.2 |
| May 21, 2001 |
1 : 1.2 |
|
|
Shareholder Special Benefit Program
|
|
|
| Marubun does not currently offer such a program. |
|
