DeNA : Announcement of Dividend Forecast Revision (Dividend Increase)
May 11, 2017 at 02:27 am EDT
Share
The following information was originally prepared and published by DeNA Co., Ltd. in Japanese as it contains timely disclosure materials to be submitted to the Tokyo Stock Exchange. This English translation is for your convenience only. To the extent there is any discrepancy between this English translation and the original Japanese version, please refer to the Japanese version.
May 11, 2017
Company name:
DeNA Co., Ltd.
(TSE First Section Stock Code: 2342)
Name of representative:
Isao Moriyasu, President & CEO
Contact person:
Shintaro Asako, Executive Officer, Head of Corporate Unit
Tel:
03-6758-7200
Announcement of Dividend Forecast Revision (Dividend Increase)
DeNA Co., Ltd. would like to announce that it resolved at the meeting of the Board of Directors held on May 11, 2017 to revise its forecast for the year-end dividend for the fiscal year ended March 31, 2017 as follows.
Reasons for the dividend forecast revision
With respect to allocating profit for the year to shareholders through dividends, while considering performance of each fiscal year, the Company, as a basic principle, sets as a minimum whichever is higher, a consolidated payout ratio of 15% or an annual dividend of ¥20 per share of the Company's common stock, and plans to continue paying a dividend with the aim of a consolidated payout ratio of 30% in the future.
Based on the policy above, the Company is increasing its forecast for the year-end dividend per share for the fiscal year ended March 31, 2017 by ¥2.00 to ¥32.00 (consolidated payout ratio of 15.1%) from the previous forecast of ¥30.00.
Revision details
Dividends per share
End of 2nd quarter
End of year
Total
Previous forecast
Yen
Yen
Yen
30.00
30.00
Revised forecast
32.00
32.00
Results for the current fiscal year
0.00
Results for the previous fiscal year (fiscal year ended March 31, 2016)
0.00
20.00
20.00
For inquiries please contact:IR Department (ir@dena.com)
DeNA Co. Ltd. published this content on 11 May 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 May 2017 06:26:23 UTC.
Original documenthttp://v3.eir-parts.net/EIRNavi/DocumentNavigator/ENavigatorBody.aspx?cat=ir_material&sid=72459&code=2432&ln=en&tlang=en&tcat=ir_material3&disp=simple&groupsid=26875
Public permalinkhttp://www.publicnow.com/view/F7F612F1884117D04CD3A7700BEB23F131EDAFDE
DeNA Co. specializes in mobile and online multimedia services including games, e-commerce, etc. The company also ensures the development and operation of entertainment-based content and applications. Net sales break down by area of activity as follows:
- games (67.3%);
- sport (14.5%);
- e-commerce (9.4%);
- other (8.8%).
DENA CO., LTD. 
