Basic Policy for Profit Distribution
Ryobi's basic policy for profit distribution is to maintain a stable return of profits to shareholders along with a medium- to long-term improvement in consolidated operating performance and the execution of growth investment. With this in mind, Ryobi will apply funds from its internal reserve to: 1) reinforce its manufacturing and sales organization in line with changes to the management environment; 2) achieve growth through capital investment; 3) develop new technologies and products; and 4) streamline business procedures. In these ways, the Company will strengthen its market competitiveness and increase its earnings power over the medium to long term.
Cash Dividends for Fiscal Year Ended March 31, 2018
For the fiscal year ended March 31, 2018, Ryobi will pay a year-end cash dividend of ¥35 per share, up ¥10 from the forecast at the beginning of the fiscal year, giving comprehensive consideration to the aforementioned basic policy and in light of expected growth in earnings for the period ending December 31, 2018. In addition, on October 1, 2017 the Company executed a reverse share split that merged five shares of common stock into one share. Given the effect of the reverse share split, the interim dividend for said fiscal year will total ¥25 per share, while the full-year cash dividend will amount to ¥60 per share.
Cash Dividends for the Transitional Fiscal Period Ending December 31, 2018
As for dividends for the transitional fiscal period ending December 31, 2018, Ryobi is planning to pay a full-year cash dividend of ¥70 per share comprising an interim dividend of ¥35 per share and a year-end cash dividend of ¥35 per share.
|Fiscal year||Cash dividends per share|
|Fiscal 2018 ended March 31, 2018 *||5.00||35.00||-|
|Fiscal 2017 ended March 31, 2017||5.00||5.00||10.00|
|Fiscal 2016 ended March 31, 2016||4.00||5.00||9.00|
|Fiscal 2015 ended March 31, 2015||4.00||4.00||8.00|
|Fiscal 2014 ended March 31, 2014||3.00||4.00||7.00|
|Fiscal 2013 ended March 31, 2013||3.00||3.00||6.00|
|Fiscal 2012 ended March 31, 2012||-||6.00||6.00|
|Fiscal 2011 ended March 31, 2011||-||6.00||6.00|
|Fiscal 2010 ended March 31, 2010||-||-||-|
|Fiscal 2009 ended March 31, 2009||6.00||-||6.00|
* Given the effect of the reverse share split executed on October 1, 2017, the interim dividend for the fiscal 2018 totaled ¥25 per share, while the full-year cash dividend amounted to ¥60 per share.