April 27, 2015
Company Name: Fuji Electric Co., Ltd. Representative: Michihiro Kitazawa, President and Chairman of the Board of Directors Code Number: 6504, listed on the first sections of TSE and NSE; and on FSE
Contact: Junichi Arai, Executive Officer and General Manager, Corporate Planning Office
Telephone: +81-3-5435-7213
Announcement of Revised Dividend Forecast
A meeting of the Board of Directors of Fuji Electric Co., Ltd., convened today approved a revision of the forecast for the payment of dividends from retained earnings with a record date of March 31, 2015, as follows.
Further, regarding the payment of dividends from retained earnings, the Board of Directors of Fuji Electric plans to approve a resolution pursuant to the Companies Act at a meeting convened after completion of auditing procedures.
1. Reason for Dividend Forecast Revision
We intend to return profit gained through business activities to shareholders. At the same time-while maintaining and strengthening our management foundation-we intend to appropriate profit for consolidated shareholders' equity in order to secure internal reserves for research and development, capital investment, human resources, and other investments reflecting a
medium-to-long-term viewpoint. At the same time, the Company aims to provide its shareholders with stable dividend payments on a continuing basis.
Based on this policy, the Company plans to issue a year-end dividend payment of ¥5.00 per share for fiscal 2014.
2. Revised Dividend Forecast
Annual dividend (yen) | |||
Interim | Year-end | Total | |
Previous forecast | TBA | TBA | |
Revised forecast | 5.00 | 9.00 | |
Fiscal 2014 | 4.00 | ||
Fiscal 2013 ended March 31, 2014 | 3.00 | 4.00 | 7.00 |
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