Notice of the Year-end Dividend for the Fiscal Year Ending March 31, 2018
TOKYO, May 22, 2018 - Monex Group, Inc. ("the Company") announces that the following payment of dividends for the Fiscal Year Ending March 31, 2018 was resloved at the Board of Directors meeting in accordance with Article 47 of the Articles of Incorporation.
1.Particulars of dividend
Details of decision | Recent dividend forecast (Announced on April 26, 2018) | Previous term results (Year-end Dividend) | |
Record date | March 31, 2018 | Same as left | March 31, 2017 |
Dividend per share | 6.30 yen | Same as left | 2.60 yen |
Total dividends | 1,695 million yen | - | 730 million yen |
Effective Date | June 4, 2018 | - | June 5, 2017 |
Dividend resource | Retained earnings | - | Retained earnings |
Dividend results per share
Dividend per share (yen) | |||
Interim | Year-end | Annual Total | |
Results of FYE March 31, 2018 | 3.70 | 6.30 | 10.00 |
Results of FYE March 31, 2017 | 2.60 | 2.60 | 5.20 |
2. Background
The Company calculated the year-end dividends for FYE March 31, 2018 in consideration of share buyback and interim dividend during this fiscal year, with a target of a 100% total return ratio* as a percentage of net income attributable to owners of the Company. As a result, the total return ratio of this fiscal year is 100.3%.
We have revised the shareholder distribution policy and changed the total return ratio to target at 75% on a multi-year basis, Please refer to our press release "Revision of Shareholder Distribution Policy" dated on April 26, 2018.
* Total return ratio = (total dividends paid + total amount of share buyback) /net income attributable to owners of the Company
Contact:
Akiko Kato, Toshiaki Koike | Atsushi Demoto, Yuki Nakano |
Corporate Communications Office | Investor Relations, Financial Control Department |
Monex Group, Inc. | Monex Group, Inc. |
+81-3-4323-8698 | +81-3-4323-8698 |
This material is an English translation of a Japanese announcement made on the date above. Although the Company intended to faithfully translate the Japanese document into English, the accuracy and correctness of this English translation is not guaranteed and thus you are encouraged to refer to the original Japanese document. This translation was made as a matter of record only and does not constitute an offer to sell or to solicit an offer to buy securities in the U.S.
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Disclaimer
Monex Group Inc. published this content on 22 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 May 2018 02:49:04 UTC