The Seikagaku Group sees improving shareholder value as an important business issue. In March 2006, we introduced a performance-based dividend policy with an emphasis on dividend payout ratio to better clarify our commitment to returning profits to shareholders. Under this policy, we seek to maintain or improve a dividend payout of 30% (on a consolidated basis) based on ¥20 per share annually.
| Fiscal Term | FY 2004 | FY 2005 | FY 2006 | FY 2007 | FY 2008 | FY 2009 |
|---|---|---|---|---|---|---|
| Annual-Total Dividend | 30.0 Yen | 25.0 Yen | 25.0 Yen | 30.0 Yen | 25.0 Yen | 25.0 Yen |
| [Breakdown] | ||||||
| Interim Dividend | 10.0 Yen | 10.0 Yen | 12.5 Yen | 12.5 Yen | 12.5 Yen | 12.5 Yen |
| Year-end Dividend | 10.0 Yen | 15.0 Yen | 12.5 Yen | 12.5 Yen | 12.5 Yen | 12.5 Yen |
| Commemorative Dividend | 10.0 Yen | - | - | 5.0 Yen | - | - |
| [Reference] | ||||||
| Total dividend payments | 1,169 Million Yen |
1,450 Million Yen |
1,450 Million Yen |
1,725 Million Yen |
1,422 Million Yen |
1,420 Million Yen |
| Authorized Outstanding Shares | 39,056,062 | 58,584,093 | 58,584,093 | 58,584,093 | 58,584,093 | 58,584,093 |
| Dividend payout ratio (Consolidated) | 32.8% | 31.5% | 41.0% | 40.7% | 44.9% | 39.7% |
| July 20, 2004 | May 20, 2005 | |
|---|---|---|
| Stock split | 1->1.5 | 1->1.5 |
| Increased Authorized Outstanding Shares | 13,018,687 | 19,528,031 |
| Authorized Outstanding Shares | 39,056,062 | 58,584,093 |
| Forecast of Dvidend per Share for Fiscal Year 2010 | |||
|---|---|---|---|
| Dividend per Share(Yen) | Interim Dividend | Year-end Dividend | Annual-Total Dividend |
| 12.50 | 12.50 | 25.00 | |