Fuji Heavy Industries Ltd. (FHI) has announced that The Board of Directors of FHI today resolved to distribute the interim dividends from surplus recorded as of September 30, 2014 and to revise the dividend forecast for the fiscal year ending March 31, 2015 (from April 1, 2014 to March 31, 2015).
1. Details of Interim Dividends
Resolved amount of the interim dividends |
Previous dividend forecast (on May 9, 2014) |
Actual results for FY 2014 |
|
Record date | September 30, 2014 | September 30, 2014 | September 30, 2013 |
Dividend per share (yen) | 31.0 | 28.0 | 20.0 |
Total dividends (Million yen) | 24,204 | – | 15,616 |
Date of entry into force | December 4, 2014 | – | December 4, 2013 |
Dividend resource | Retained earnings | – | Retained earnings |
2. Revision of Dividend Forecast
(yen)
Dividends per share | |||
End of 2nd quarter | Year-end | Total | |
Previous projection (on May 9, 2014) |
28.0 | 28.0 | 56.0 |
Current forecast | – | 31.0 | 62.0 |
Actual payments | 31.0 | – | – |
Actual payments of the previous fiscal year (ended March 2014) |
20.0 | 33.0 (Ordinary: 28.0) (Commemorative: 5.0) |
53.0 (Ordinary: 48.0) (Commemorative: 5.0) |
3. Reason for the announcement
FHI treats shareholder interests as a vital management issue and applies a results-linked concept that considers each fiscal year’s earnings, investment plans, business environments, is committed to sustained dividend payment.
Considering the consolidated business results for the 1st half as well as forecast for the full-year business results, the interim dividend and year-end dividend forecast per share will be increased by 3.0 yen compared with the previous projection to 31.0 yen respectively. As a result, the projected dividend per share for the full fiscal year ending March 31, 2015 will be increased by 6.0 yen compared with the previous fiscal year to 62.0 yen.