Shiseido : Notice of Dividend of Surplus (Interim) and Revision to Year-End Dividend Forecast
August 09, 2017 at 02:22 am EDT
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(Translation)
Dear Sirs and Madams,
August 9, 2017
Name of Company:
Shiseido Company, Limited
Name of Representative:
Masahiko Uotani President and CEO (Representative Director)
(Code No. 4911; The First Section of the Tokyo Stock Exchange)
Contact:
Tetsuaki Shiraiwa Department Director
Investor Relations Department (Tel: +81 3 3572 5111)
Notice of Dividend of Surplus (Interim) and Revision to Year-End Dividend Forecast (Dividend Increase)
Shiseido Company, Limited ("the Company") hereby announces that it has resolved at the Board of Directors Meeting held today to distribute dividends of surplus (interim) with the record date of June 30, 2017, and to revise the year-end dividend forecast for the fiscal year ending December 31, 2017, announced on February 9, 2017, as follows.
Interim Dividends for the Fiscal Year Ending December 31, 2017
Resolution
Most recent dividend forecast
(announced on February 9, 2017)
Results for previous period
(ended December 31,
2016)
Record date
June 30, 2017
June 30, 2017
June 30, 2016
Dividend per share
12.50 yen
10.00 yen
10.00 yen
Total dividend amount
4,993 million yen
-
3,992 million yen
Effective date
September 5, 2017
-
September 2, 2016
Source of dividend
Retained earnings
-
Retained earnings
Revised Year-End Dividend Forecast for the Fiscal Year Ending December 31, 2017
Annual dividends per share (yen)
End of first half
Year-end
Full year
Previous forecast (announced on February 9, 2017)
10.00
10.00
20.00
Revised forecast
－
12.50
25.00
Results for the current period
12.50
－
－
Results for the previous period (ended December 31, 2016)
10.00
10.00
20.00
Reasons for Revision
The Company's shareholder return policy targets total returns, comprising direct returns to shareholders through dividends and medium-to-long-term share price gains, and aims at medium-term consolidated dividend payout ratio of 40 percent.
In light of the Company's results for the first half and the upward revision to its consolidated forecast for the full fiscal year announced today, the Company has decided to increase its interim dividend to 12.50 yen per share, up 2.50 yen from the previous forecast of 10.00 yen. The Company has also decided to increase its year-end dividend forecast to 12.50 yen, up 2.50 yen. As a result, the Company plans to pay a full-year dividend of 25.00 yen per share, up 5.00 yen.
- End of News Release -
Shiseido Co. Ltd. published this content on 09 August 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 09 August 2017 06:21:15 UTC.
Original documenthttp://www.shiseidogroup.com/ir/pdf/ir20170809_390.pdf
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Shiseido Company, Limited specializes in the design, manufacturing and marketing of cosmetics. The group offers beauty products (including makeup items, coloring, etc. ; Shiseido, Aupr's, DQ, Za, Revital Granas, B?n?fique, Maquillage and Elixir), skin care products (skin creams, bath and shower gels, shampoos, etc. ; Aqua Label, Integrate, Tsubaki and Uno), perfumes (Issey Miyake, narciso Rodriguez, Elis Saab and Azzedine Ala?a) as well as professional products (Joico, Decl?or and Carita).
Net sales are distributed geographically as follows: Japan (32.9%), China (25.6%), Asia and Oceania (6.4%), Europe/Middle East/Africa (10.3%), Americas (9.9%) and other (14.9%).
SHISEIDO COMPANY, LIMITED 
