Basic Policy for Profit Distribution
Ryobi's basic policy for profit distribution is to consistently distribute stable performance-based cash dividends to shareholders as it strives to improve earnings power and strengthen its corporate structure. In order to strengthen market competitiveness and increase its earnings power over the medium term, 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) streamline business procedures; and 4) develop new technologies and products.
Cash Dividends for Fiscal 2018
For the fiscal year ending March 31, 2018, the Company plans to pay an interim dividend of ¥5 per share. In addition, reflecting the Company's plans calling for executing a reverse share split, which will come into effect on October 1, 2017 and merge five shares of common stock into one share, the year-end cash dividend for fiscal 2018 will total at ¥25 per share (equivalent to ¥5 per share when the impact of the reverse share split is taken into consideration).
|Fiscal year||Cash dividends per share|
|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|
|Fiscal 2008 ended March 31, 2008||6.00||6.00||12.00|