May 27, 2014
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, NSE and on FSE
Contact: Junichi Arai, Executive Officer and General Manager, Corporate Planning Office
Telephone: +81-3-5435-7213

Payment of Dividends from Retained Earnings

A meeting of the Board of Directors of Fuji Electric Co., Ltd., convened today approved a payment of dividends from retained earnings with a record date of March 31, 2014, as follows.

1. Details of Dividends

Today's resolution

Recent forecasts

(announced April 24, 2014)

Fiscal 2012 dividends

Record date

March 31, 2014

March 31, 2014

March 31, 2013

Dividend per share

¥4.00

¥4.00

¥3.00

Total dividends

¥2,857 million

¥2,143 million

Effective date

June 9, 2014

June 4, 2013

Source of dividends

Retained earnings

Retained earnings

2. Reason

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 ¥4.00 per share for fiscal 2013.
For your reference

Dividend per share

Record date

Interim

Year-end

Annual

Fiscal 2013

¥3.00

¥4.00

¥7.00

Fiscal 2012 ended

March 31, 2013

¥2.00

¥3.00

¥5.00

distributed by