This filing was originally prepared and published by the company in Japanese as it contained timely disclosure information to be submitted to the Tokyo Stock Exchange. The English translation is for your reference only. To the extent that there is any discrepancy between this English translation and the original Japanese filing, the Japanese filing will prevail.
July 27, 2022 | |
Financial Release | |
Corporate Name | ValueCommerce Co., Ltd. |
Representative | Jin Kagawa, Representative Director, |
President and CEO | |
Ticker Symbol | 2491 |
Inquiries | Masatomo Endo, Director of the Board, CFO |
Phone | 81 3 5210 6688 |
Notice of Dividends (Interim Dividends)
ValueCommerce Co., Ltd. ("the Company") announced that, at the meeting of its Board of Directors held today, it has resolved to pay dividends to the shareholders whose record date was June 30, 2022. Details are as follows. There's no revision to dividend forecast announced on January 31, 2022
1. Details of Dividends
FY 2022 | Most recent dividend forecast | FY 2021 | |
(Announced on | |||
Interim dividends | Interim dividends | ||
January 31, 2022) | |||
Record date | June 30, 2022 | Same as at left | June 30, 2021 |
Dividend per share | ¥27.00 | Same as at left | ¥17.00 |
Total dividend amount | ¥ 873 million | ― | ¥549 million |
Effective date | August 31, 2022 | ― | August 31, 2021 |
Source of funds for | Retained earnings | ― | Retained earnings |
dividends | |||
2. Reason
Considering a shareholder return policy as one of the most important managerial issues, the purpose of interim dividend payment is to enrich the opportunity of the profits return to shareholders. The company has established its minimum target dividend payout ratio of 30% on the company's consolidated profits in each fiscal year in accordance with our performance, while retaining certain earnings for our future growth.
(Reference) Breakdown of annual dividends
Dividend per share | |||||
Interim | Year-end | Total | |||
Dividend forecast for FY2022 | ― | ¥ 29.00 | ¥ 56.00 | ||
Actual dividends for FY2022 | ¥ 27.00 | ― | ― | ||
Actual dividends for FY2021 | ¥ 17.00 | ¥ 26.00 | ¥ 43.00 |