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Takata: Decision not to declare interim dividend

Takata Corporation, one of the world’s leading global suppliers of advanced automotive safety systems and products, at a meeting of the board of directors on November 27, 2014 resolved not to declare an interim dividend for the fiscal year ending March 31, 2015. 1. Dividend details   Fiscal year ending March 31, 2015 Previous forecast (announced … Continued

Takata Corporation, one of the world’s leading global suppliers of advanced automotive safety systems and products, at a meeting of the board of directors on November 27, 2014 resolved not to declare an interim dividend for the fiscal year ending March 31, 2015.

1. Dividend details

 

Fiscal year ending

March 31, 2015

Previous forecast

(announced November 6, 2014) 

Fiscal year ended

March 31, 2014

Interim dividend per share(¥) (April 1 to September 30)  

00.00

 

00.00

15.00

 

Total interim dividend payment (millions of yen)

 

 

 

1,247

Payment date

December 6, 2013

Source of funds

Retained earnings

2. Basis for dividend decision

Taking into consideration the consolidated financial results for the interim period, the board of directors resolved not to declare an interim dividend.

The forecast year-end dividend remains undetermined. Further information will be announced promptly as it becomes available.

For reference: Breakdown of annual dividend per share

 

Dividend per share

 

Unit:yen

Interim dividend per share Year-end dividend per share

Annual dividend per share

Fiscal year ending

March 31, 2015

 

00.00

 

To be confirmed

To be confirmed

Fiscal year ended

March 31, 2014

 

15.00

 

15.00

30.00

https://www.automotiveworld.com/news-releases/takata-decision-declare-interim-dividend/

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