January 31, 2018
To our shareholders
Corporate Name: | |
Representative: | |
Security Code: | 9101 |
Listings: | First Section of the Tokyo and Nagoya |
stock exchanges | |
Contact: | Toru Maruyama |
General Manager, IR Group | |
(Tel. +81 3-3284-5151) |
Nippon Yusen Kabushiki Kaisha Tadaaki Naito, President
Revision of Dividend Forecast for Fiscal Year 2017
NYK Line announces herewith the revision of the company's dividend forecast for fiscal year 2017.
1. Reason for the revision
The management of NYK Line regards the stable return of profits to shareholders as one of its most important priorities. Although the payment of a fiscal year-end dividend had not been decided thus far, the company now plans to pay a year-end dividend of ¥20 per share. Management reached this decision after determining that the company has sufficient prospects for regaining profitability based on the results of various structural reforms and the recovery of the maritime shipping market.
2. Revision of dividend forecast
Dividend per share | |||
Interim Dividend | Year-end Dividend | Total | |
Previous Forecast (Oct. 31, 2017) | Undecided | Undecided | |
Revised Forecast | 20.00 yen | 20.00 yen | |
Actual Dividend | 0.00 yen | ||
(Ref.) Previous Results (FY 2016) | 0.00 yen | 0.00 yen | 0.00 yen |
(Note) The above forecast is based on currently available information and assumptions that NYK Line deems to be reasonable. Actual results may differ from the forecast as a result of various factors.
Nippon Yusen KK published this content on 31 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 31 January 2018 03:09:07 UTC.
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