At the Board of Directors meeting today, CMIC HOLDINGS Co., Ltd. resolved to distribute dividends of surplus with record date of September 30, 2023.

Notes

1. Description of dividends

Resolution

Current Dividend Forecast
(Nov. 8, 2022)

FY 2022

Record date

September 30,2023

September 30,2023

September 30,2022

Dividend per share

45.00 yen
(Ordinary dividend 45.00)

45.00 yen
(Ordinary dividend 45.00)

45.00 yen
(Ordinary dividend 35.00)
(Commemorative dividend 10.00)

Total Dividend Amount

766 million yen

797 million yen

Effective date

December 1,2023

December 1,2022

Dividend source

Retained earnings

Retained earnings

 

2.Reasons
Our basic policy is to prioritize the distribution of profits to shareholders as one of our key managerial policies and to distribute performance-based dividends while securing retained earnings to improve earnings and strengthen our corporate base. We shall make steady and stable distributions of dividends with a target consolidated payout ratio of 30%. At the same time, the Company shall purchase treasury stocks flexibly by taking into consideration stock market trends, capital efficiency, and other factors.
Considering the policy, term-end dividend shall be 45.00 yen. As a result, annual dividend that includes the dividend of 5.00 yen at end of the second quarter already paid is 50.00 yen per share.

(Reference)Annual dividend

Annual dividend (Yen)

Record date

The end of the second quarter

The end of the term

Total

Term-end dividend for this fiscal year

5.00 yen

45.00 yen

50.00 yen

Term-end dividend for the fiscal year ending Sept. 30, 2022

5.00 yen

45.00 yen
(Ordinary dividend 35.00)
(Commemorative dividend 10.00)

50.00 yen

 

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