To Whom It May Concern
May 8, 2015
Company Name: Sanken Electric Co., Ltd.
Code No.: 6707 (the TSE, 1st Section) Inquiries: Yasunobu Murano Finance and Investor Relations Division
TEL: (048) 487-6121
The Company announced today the resolution of its Board of Directors concerning revision of the dividend per share as below.
The management of the Company places distribution of profits to our shareholders as one of the most important corporate policies, and is committed to ensure steady and stable stream of dividends through improvements in our profitability and enhancement of our financial conditions while securing the internal reserves necessary to develop businesses and strengthen a management foundation for the future.
Our business results for the current consolidated fiscal year reached a certain level for income arising from increases in both net sales and income as compared to the previous consolidated fiscal year. In view of these results, we will set the year-end dividend for the current fiscal year to ¥3.50 per share, up ¥0.50 per share. As a result, the annual dividend for the current fiscal year will be ¥6.50 per share, including the interim dividend. This item is scheduled to be submitted for resolution to the 98th Ordinary General Meeting of Shareholders to be held on June 26, 2015.
Dividend per share | |||
Interim | End of year | Total | |
Yen | Yen | Yen | |
Previously announced forecast (Disclosed on May 9, 2014) | - | 3.00 | 6.00 |
Revised forecast | - | 3.50 | 6.50 |
Actual results of this term | 3.00 | - | - |
Actual results of the previous year (Year ended March 31, 2014) | 3.00 | 3.00 | 6.00 |
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