(Translation)
January 27, 2012
Company name: West Japan Railway Company
President: Takayuki Sasaki
Code number: 9021 Stock listings: Tokyo Stock Exchange, Osaka Securities Exchange, Nagoya and Fukuoka Stock Exchanges)
For further information, please contact: Yoshinori Tsujiko, General Manager, Corporate Communications Department
Telephone: +81-6-6375-8889
Notice of Revision to Dividend Forecast for the Fiscal Year Ending March 2012
West Japan Railway Company (JR-West), at a meeting of its
Board of Directors held today, made the following revision to
its forecast for year-end dividend per share.
1. Reasons for the Revision to the Dividend Forecast
As stated in "Revisions to the JR-West Group's Medium-Term
Management Plan 2008-2012" announced on October 28, 2010,
JR-West considers enhancing shareholder returns to be an
important concern. Premised on the successful realization of
projects, and on condition that our projects yield results,
we aim to maintain a consolidated dividend on equity ratio
(DOE) of 3% in the fiscal year ending March 2013.
As a result of the commencement of direct services between
the Sanyo and the Kyushu Shinkansens, and the opening of
Osaka Station City, JR-West has made steady progress toward
achieving the business results targeted in its medium-term
plan. Based on this policy, we are revising upward our
year-end dividend forecast for the fiscal year ending March
2012 by 10 yen per share, from 40 yen per share in the most
recent announcement (October 27, 2011) to 50 yen per
share.
2. Revision to the Dividend Forecast
Dividends per share (Yen) | |||
September 30(interim) | Year-end | Total | |
Previous Forecast | 40 | 80 | |
Revised Forecast | 50 | 90 | |
Current fiscal year (Year ending Mach 2012) | 40 | ||
Previous fiscal year (Year ended March 2011) | 4,000 | 4,000 | 8,000 |
Note: JR-West conducted a stock split on July 1, 2011, at a
ratio of 100 ordinary shares for each ordinary share.
- End of Document -
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Documents associés | |
Notice of Revision to Dividend Forecast for the Fiscal Year Ending March 2012 (Translation;PDF 45KB) |