May 20, 2021
NEWS RELEASE
Company name: | SG Holdings Co., Ltd. |
Representative: | Hideo Araki, President and COO |
(Code number: 9143 TSE 1st Section) | |
Inquiries: | Shunichi Nakajima, Director |
(Finance and Accounting) | |
(TEL 075-693-8850) |
Notice Concerning Dividend of Surplus
SG Holdings Co., Ltd. (the "Company") hereby announces that the Board of Directors resolved at a meeting held on May 20, 2021 to pay dividends from surplus and appropriate surplus with the record date of March 31, 2021, as detailed below.
1. Details of dividends
Most recent dividend | Previous result | |||
Item resolved | forecast | (Dividend for the fiscal | ||
(announced April 30, | year ended March 31, | |||
2021) | 2020) | |||
Record date | March 31, 2021 | March 31, 2021 | March 31, 2020 | |
Dividend per share | 17.00 yen | 17.00 yen | 22.00 yen | |
Total amount of | 10,798 million yen | 6,987 million yen | ||
dividends | ||||
Effective date | June 7, 2021 | June 5, 2020 | ||
Source of dividends | Retained earnings | Retained earnings | ||
- The Company conducted a split of the shares of its common stock on a 2-for-1 basis effective November 1, 2020. Actual dividends at the end of the previous fiscal year are the amounts prior to the stock split.
2. Reasons
The Company's basic policy on profit distribution is to maintain stable dividend payments, with a target
consolidated payout ratio of 30%, while securing sufficient retained earnings for future business expansion and strengthening of the management structure.
In light of the above basic policy, the Company set the year-end dividend for the fiscal year ended March 31, 2021 at 17 yen per share.
(Reference) Breakdown of annual dividend
Dividend per share (yen) | ||||
Second quarter end | Fiscal year end | Total | ||
Current year result | 36.00 yen | 17.00 yen | - | |
(On pre-stock split basis) | (34.00 yen) | (70.00 yen) | ||
Previous year result | 22.00 yen | 22.00 yen | 44.00 yen | |
- The Company conducted a split of the shares of its common stock on a 2-for-1 basis effective November 1, 2020. Actual dividends at the end of the second quarter of the current fiscal year, and for the previous fiscal year are the amounts prior to the stock split.
- The total result for the current fiscal year is indicated as "-" because a simple calculation cannot be performed due to the execution of the stock split. The figures in parentheses calculated based on the amounts prior to the stock split are provided as a reference.
- Dividends at the end of the second quarter of the current fiscal year include a special dividend of 10.00 yen.