This document is a translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.
November 12, 2021
To whom it may concern:
Company name: T. HASEGAWA CO., LTD. Stock exchange listing: Tokyo Stock code: 4958 URL https://www.t-hasegawa.co.jp/
Representative: President & COO Takao Umino
Inquiries: Director & Senior Executive Vice President Minoru Nakamura TEL: 03-3241-1151
Notice Concerning Dividends of Surplus
At the meeting of the Board of Directors held on November 12, 2021, T. HASEGAWA CO., LTD. ("the Company") resolved to distribute retained earnings with a record date of September 30, 2021. The details are as follows.
1． Details of dividends
Current dividend forecast | Dividends for the previous | ||||||||
Amount determined | fiscal year | ||||||||
(Announced on August 2, 2021) | |||||||||
(FYE September 30, 2020) | |||||||||
Record date | September 30, 2021 | September 30, 2021 | September 30, 2020 | ||||||
Dividend per share | 33.00 yen | 28.00 yen | 22.00 yen | ||||||
Total dividends paid | 1,356 million yen | － | 912 million yen | ||||||
Effective date | December 6, 2021 | － | December 1, 2020 | ||||||
Dividend source | Retained earnings | － | Retained earnings |
2． Reason
The Company's basic dividend policy is to return profits to shareholders in accordance with business performance while further strengthening the Group's management foundation and securing internal reserves necessary for future business development.
Based on this policy, the Company has decided to pay a year-end dividend of 33 yen per share for the fiscal year ended September 30, 2021, an increase of 5 yen from the forecast announced on August 2, 2021, taking into account the consolidated financial results and other factors.
The Company's Articles of Incorporation stipulate that "Based on the provisions of Article 459, Paragraph 1 of the Companies Act, dividends of surplus, etc. may be paid by resolution of the Board of Directors."
(Reference) Breakdown of Annual Dividend
Dividend per share | |||
Record date | Interim | Year-end | Total |
Dividends for the current | 22.00 yen | 33.00 yen | 55.00 yen |
fiscal year | |||
Dividends for the previous | |||
fiscal year | 18.00 yen | 22.00 yen | 40.00 yen |
(FYE September 30, 2020) | |||
End |