Sekisui Chemical : Notice of Changes to the Dividend Forecast for Fiscal 2015 ending March 31, 2016 (the 94th period)
April 28, 2016 at 04:34 am EDT
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April 27, 2016 SEKISUI CHEMICAL CO., LTD.
Notice of Changes to the Dividend Forecast for Fiscal 2015 ending March 31, 2016 (the 94th period)
This is to notify you that we have decided to revise the forecast for dividend per share at the Board of Directors meeting held today.
Reasons for Revision
Increasing corporate value and returning profit to shareholders are fundamental management objectives at Sekisui Chemical. The management objective for shareholder return is to maintain a stable dividend level with a target consolidated-basis dividend payout ratio of 30%.
We have revised the dividend forecast for the period as below, by comprehensively taking the payout ratio and other aspects into account, as we confirmed the business results to exceed the previous forecast.
Revised dividend predictions
Dividend Per Share (in yen)
At the end of 2nd quarter
Year-end
Full year
Previous Forecast (April 28,2015)
-
14.00
28.00
Current Revised Forecast
-
16.00
30.00
Dividend Paid in the Current Period
14.00
-
-
Dividend Paid in the Previous Period (Fiscal 2014 ending March 31,
2015)
13.00
14.00
27.00
*Notes: Please note that the forecast values described in this data were created based on the information that could be obtained at the time, and may differ from the actual results due to various reasons in the future.
Press Contact
SEKISUI CHEMICAL CO., LTD.
Business Strategy Department Fax: (+81) 3-5521-0510
Sekisui Chemical 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 28 April 2016 08:33:10 UTC
Original Document: http://www.sekisuichemical.com/about/whatsnew/2016/__icsFiles/afieldfile/2016/04/28/160427_2_en.pdf
Sekisui Chemical Co., Ltd. is a company that operates in four business segments .The Housing segment is engaged in the manufacture, construction, sale and renovation of unit housing, the sale of land for subdivision, the provision of reform services, as well as the construction and sale of interior items, exterior items and real estate. The Environment and Life Line segment offers vinyl chloride pipe and fittings, polyethylene pipe and fittings, system pipe, aqueduct/water conduit rehabilitation materials, reinforced plastic composite pipes, and building materials, among others. The High-performance Plastics segment offers intermediate films for laminated glass, foamed polyolefin, tapes, particulate for liquid crystal and sensitive materials and test drug, among others. The Others segment is engaged in the manufacture and sale of film type lithium ion battery, as well as the provision of other products and services.
SEKISUI CHEMICAL CO., LTD. 
