May 24, 2018

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: Masayoshi Kisaki, General Manager, Corporate Administration Office

Corporate Management Planning Headquarters

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, 2018, as follows.

1. Details of Year-end Dividend

Today's resolution

Recent forecasts

(announced April 26, 2018)

Fiscal 2016

(ended March 31, 2017)

Record date

March 31, 2018

March 31, 2018

March 31, 2017

Dividend per share

¥8.00

¥8.00

¥6.00

Total dividends

¥5,714 million

¥4,285 million

Effective date

June 6, 2018

June 7, 2017

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, 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 ¥8.00 per share for fiscal 2017.

(Reference) Annual Dividend Breakdown

Dividend per share

Record date

Interim

Year-end

Annual

Fiscal 2017

¥6.00

¥8.00

¥14.00

Fiscal 2016

(ended March 31, 2017)

¥5.00

¥6.00

¥11.00

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Fuji Electric Co. Ltd. published this content on 24 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 24 May 2018 09:27:03 UTC