Fuji Electric : Announcement of the Payment of Interim Dividend from Retained Earnings (57KB)

October 26, 2017

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 FSE

Contact: Masayoshi Kisaki, General Manager, Corporate Administration Office

Corporate Management Planning Headquarters

Telephone: +81-3-5435-7213

A meeting of the Board of Directors of Fuji Electric Co., Ltd., convened today approved a decision regarding the interim dividend from retained earnings to be paid with a record date of September 30, 2017, as follows.

1. Details of Interim Dividend

   Today's resolution	Recent forecasts (announced on July 27, 2017)	Fiscal 2016 Interim dividend
   Record date	September 30, 2017	September 30, 2017	September 30, 2016
   Dividend per share	¥ 6.00	TBD	¥5.00
   Total dividends	¥ 4,285 million	-	¥3,571 million
   Effective date	December 5, 2017	-	December 5, 2016
   Source of dividends	Retained earnings	-	Retained earnings

2. Reason

Fuji Electric pays dividends in accordance with the basic policy of making stable and continuous payments based on a medium- to long-term perspective toward business management. By taking into account the Company's outlook for business results, its financial position, and other such factors, the Company has decided to pay an interim dividend of ¥6 per share in the current fiscal year. Further, due to the unclear management environment predicted for the second half of the fiscal year, the Company has postponed decisions regarding the annual dividend.

For reference: details of annual dividend