Konami Holdings Corporation Notice : Distribution of Retained Earnings (8469E)
May 11 2017 - 4:13AM
UK Regulatory
TIDMKNM
RNS Number : 8469E
Konami Holdings Corporation
11 May 2017
May 11, 2017
FOR IMMEDIATE RELEASE
Company Name: KONAMI HOLDINGS CORPORATION
Representative: Takuya Kozuki, Representative Director, President
Shares listed: Tokyo Stock Exchange and London Stock Exchange
Contact: Junichi Motobayashi, General Manager, Finance
and Accounting Department
(Phone: +81-3-5771-0222)
News Release: Notice Regarding Distribution of Retained Earnings
KONAMI HOLDINGS CORPORATION (the "Company") hereby announces the
resolution passed at the meeting of its board of directors held
today regarding the distribution of retained earnings with a record
date of March 31, 2017 as below.
The dividend amount will be formally decided at a meeting of the
board of directors held on May 18, 2017, after a statutory audit of
the financial reports for the fiscal year ended March 31, 2017.
1. Details of year-end dividend
Year-end dividend Previous year-end Year-end dividend
dividend forecast for prior year,
(announced on actual
January 31, 2017) (year ended
March 31, 2016)
-------------------- ----------------- ------------------ -----------------
Record date March 31, 2017 March 31, 2017 March 31, 2016
-------------------- ----------------- ------------------ -----------------
Dividend per share 41.00 yen 37.00 yen 12.50 yen
-------------------- ----------------- ------------------ -----------------
Amount of dividend 5,545 million - 1,691 million
yen yen
-------------------- ----------------- ------------------ -----------------
Date of payment June 7, 2017 - June 3, 2016
-------------------- ----------------- ------------------ -----------------
Source of dividend Retained earnings - Retained earnings
-------------------- ----------------- ------------------ -----------------
2. Reasons for the distribution of retained earnings
The Company believes that the provision of dividends and the
enhancement of corporate value are important ways to return profits
to its shareholders. The Company aims to achieve a consolidated
payout ratio of more than 30% and will endeavor to further increase
the level of dividends. The Company also intends to use retained
earnings for investments focused on business areas with good future
prospects in order to continue to reinforce Konami Group's growth
potential and competitiveness.
A dividend of 41 yen per share was approved as a year-end
dividend for the fiscal year ended March 31, 2017. As a result,
including the interim dividend of 17 yen per share paid on November
18, 2016, dividends on an annual basis will be 58 yen per
share.
(Reference) Details of the dividends on an annual basis
Cash dividends per share (yen)
---------------------------- ------------------------------------
Second Year end Annual total
quarter end
---------------------------- ------------ -------- ------------
Year ended March 31, 2017
(actual) 17.00 41.00 58.00
---------------------------- ------------ -------- ------------
Year ended March 31, 2016
(actual) 10.50 12.50 23.00
---------------------------- ------------ -------- ------------
End of File
This information is provided by RNS
The company news service from the London Stock Exchange
END
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