Shima Seiki believes that it is a priority management task to return profits to its shareholders.
As for profit sharing, the Company's approach is to maintain long-term stable dividends and pay dividends actively based on business performance enhancement, taking into account future earnings forecasts and business operations. The Company intends to actively purchase treasury stocks with implementation of flexible capital policies responsive to changes in the management environment as its objective. The Company intends to utilize retained earnings in an active and timely manner for mid- to long-term and active investment in property, plant and equipment, R&D and market strategies in preparation for reinforcement of the Group's business infrastructure and future business operations.
As for the dividends for FY2010, the Company paid a year-end dividend of ¥10 per share; thus ¥30 per share for the full business year, including an interim dividend of ¥20 per share.
As for dividends for FY2011, the Company plans to pay an interim dividend of ¥17.5 per share. The year-end dividend will be ¥17.5 per share, with a ¥7.5 increase in anticipation of earnings recovery for the full year. This will bring dividends for the full business year to ¥35 per share, ¥5 higher than for the current fiscal year.
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