Shima Seiki treats return of profits to shareholders as a priority management issue.
With regard to profit distribution, the Company strives to maintain long-term stable dividends based on business performance enhancement, taking into account forecasts for future profits and business expansion for the future. The Company also intends to utilize retained earnings in an active manner for medium- to long-term investments in property, plant and equipment and R&D in preparation for reinforcement of the Group's business infrastructure and future business operations.
Regarding the dividends for FY2011, the Company paid a year-end dividend of ¥17.5 per share; thus ¥35.0 per share for the full business year, including an interim dividend of ¥17.5 per share.
As for dividends for FY2012, the Company paid an interim dividend of ¥17.5 per share. As the Company celebrates its 50th anniversary in February 2012, it plans to pay a special additional dividend of ¥5.00 per share commemorating the occasion to show its appreciation to shareholders for their continued support and the year-end dividend will be ¥22.50 per share. This will bring dividends for the full business year to ¥40.00 per share, ¥5.00 higher than for the FY2011.
|
