Fuji Electric : Announcement of Revised Dividend Forecast (49KB)
April 27, 2016 at 07:15 am EDT
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271751d3-3872-42c1-a8bc-e4562515ae06.pdf
April 27, 2016
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: Masayoshi Kisaki, General Manager, Corporate Administration Office
Corporate Management Planning Headquarters
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, 2016, 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.
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, development of 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 2015.
Revised Dividend Forecast
Annual dividend (yen)
Interim
Year-end
Total
Previous forecast
TBA
TBA
Revised forecast
5.00
10.00
Fiscal 2015
5.00
Fiscal 2014 ended
March 31, 2015
4.00
5.00
9.00
Fuji Electric Holdings Co. Ltd. issued this content on 27 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 April 2016 11:14:43 UTC
Original Document: http://www.fujielectric.com/company/news/box/doc/20160427_01.pdf
Fuji Electric Co specializes in manufacturing and marketing electric and electronic components. Net sales break down by family of products as follows:
- electric equipments and systems (38.7%): generators, meters, electricity transmission and control systems, etc. for individuals and thermal and hydraulic industries;
- electronic equipments and components (33.8%): magnetic contactors, magnetic contactors, uninterruptible power supply systems, power control systems, semiconductors, magnetic disks, energy distribution systems, etc.;
- vending machines (12.4%): hot and cold beverages, snacks, money distributors, etc.;
- industrial electric equipments (11.7%): primarily installation control systems, measurement instruments, power supply systems and captors;
- other (3.4%).
FUJI ELECTRIC CO., LTD 
