May 8, 2008
Announcement of Dividend Payout
SOFTBANK CORP. (hereafter 'the Company') announces that the Board of Directors, at its meeting held today, has resolved to pay cash dividends from retained earnings to shareholders on record as of March 31, 2008 as described below.
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Details of dividend
Resolved amount
Previous fiscal year
(Ended on March 31, 2007)
Recorded date
March 31, 2008
March 31, 2007
Dividend per share
JPY 2.50
JPY 2.50
Total dividends
JPY 2,701 million
JPY 2,639 million
Effective date
June 26, 2008
June 25, 2007
Dividend source
Retained earnings
Retained earnings
2. Reasons
The company has a basic policy to return its profits appropriately to all stakeholder groups including shareholders through augmenting enterprise value.
Reflecting this dividend policy the Company set the dividend payout as shown above, taking the need to maintain a proper balance between bolstering the operating base and preserving a stable dividend from a medium-to long-term perspective into perspective. This matter is planned to be brought to the 28th Annual General Meeting of Shareholders which is scheduled to be held on June 25, 2008, for discussion.
(Reference) Details of annual dividend
|
Dividend per share |
|||
|
Base date |
Interim |
Year end |
Annual |
|
FY 2007 paid dividend |
－ |
JPY 2.50 |
JPY 2.50 |
|
FY 2006 dividend paid (Ended on March 31, 2007) |
－ |
JPY 2.50 |
JPY 2.50 |