This document is an English translation of a news release on April 30, 2021, made initially in Japanese. The Japanese original should be considered as the primary version.
Company: | Itochu Enex Co., Ltd. |
Representative: | Kenji Okada, Representative Director, President and CEO |
Stock code: | 8133, Tokyo Stock Exchange, 1st Section |
Contact: | Yukari Imaizumi |
Manager for Investor Relations Office | |
Tel: +81-3-4233-8025 |
Notice of Dividend of Surplus (Year-end Dividend including 60th Anniversary Commemorative
Dividend)
Itochu Enex Co., Ltd. (Itochu Enex) hereby announces that at a meeting of its Board of Directors held today, April 30, 2021, it has resolved to submit the dividend of surplus with March 31, 2021 as the record date to the 61st Ordinary General Meeting of Shareholders to be held on June 16, 2021. Details are as follows.
1. Details of dividends
Recent forecast | Previous year | |||
Agreed amount | (Announced on January 29 | , | (Fiscal year ended March | |
2021) | 31, 2020) | |||
Base date | March 31, 2021 | March 31, 2021 | March 31, 2020 | |
Dividend per share | 28.00 yen | 22.00 yen | 23.00 yen | |
(Ordinary dividend: 22.00 | ||||
yen) | ||||
(Commemorative dividend: | ||||
6.00 yen) | ||||
Total dividend payments | 3,164 million yen | - | 2,599 million yen | |
Date of enforcement | June 17, 2021 (planned) | - | June 18, 2020 | |
Dividend resource | Accumulated earnings | - | Accumulated earnings | |
2. Reason for dividend forecast revision
On January 28, 2021, we celebrated the 60th anniversary of our founding. In the fiscal year ended March 31, 2021,
the Group achieved a record net profit attributable to Itochu Enex's shareholders for the sixth consecutive fiscal year
as a result of the steady implementation of our mid-term business plan "Moving 2020: Horizons" formulated in April
2019.
As an expression of gratitude to shareholders, taking into comprehensive consideration our consolidated results,
financial position and other factors, we will submit payment of a year-end dividend of 28 yen per share, including a
commemorative dividend of 6 yen, for resolution at the 61st Ordinary General Meeting of Shareholders scheduled to
be held on June 16, 2021.
The annual dividend, including the interim dividend, is to be 50 yen per share.