February 14, 2013
Notice Concerning Dividend for the Fiscal Year Ended December 31, 2012
Kirin Holdings Company, Limited (hereafter, “Kirin”) decided at a board meeting today to strike dividend for the fiscal year ending December 31, 2012 as follows.
1. Details of Dividend
|Ratified Amount||Current Dividend
February 10, 2012)
|Dividend Paid for the
Fiscal Year Ended
December 31, 2011
|Base Period||December 31, 2012||Same as left||December 31, 2011|
|Dividend per Share||¥15.50||¥13.50||¥13.50|
|Dividend Amount||¥14,903 million||-||¥12,983 million|
|Effective Date||March 29, 2013||-||March 30, 2012|
|Payment Source||Retained earnings||-||Retained earnings|
Kirin views the appropriate distribution of profits to shareholders as a key management issue, and has distributed a dividend to shareholders in every financial period since establishment in 1907. Management believes that shareholders' needs can be met by providing a stable, continuous dividend based in each period on a comprehensive assessment of business performance, the target payout ratio taking real earnings into account, and future capital requirements.
Taking into account the Company's performance in the current term based on the above policy, Kirin decided to pay a year-end dividend of ¥15.5 per share, an increase of ¥2.0 from the current dividend forecast. As a result, a full-year dividend for the current term will amount to ¥29.0 per share including an interim dividend of ¥13.5, an increase of ¥2.0 from the previous year.
Kirin will table this proposition at the 174th Ordinary General Meeting of Shareholders scheduled for March 28, 2013.
- Kirin Holdings Inquiry Form: http://www.kirinholdings.co.jp/english/customer/
- Kirin Holdings Web Site: http://www.kirinholdings.co.jp/english/