- May 8, 2020
- Press Release
-
Company Name: Capcom Co., Ltd.
Representative: Haruhiro Tsujimoto, President and COO
(Code No. 9697 First Section of Tokyo Stock Exchange)
Contact: Shin Kurosawa, Senior Manager of
Public Relations and Investor Relations Section
Phone Number: +81-6-6920-3623
Notice Regarding Dividends from Retained Earnings
Capcom Co., Ltd. announces that at the Board of Directors meeting held today, it has approved the following distribution of dividends from retained earnings of the year ended March 31, 2020. This matter is scheduled to be brought up for resolution at the 41st Ordinary General Meeting of Shareholders, scheduled to convene on June 17, 2020.
1. Dividend allocation
Resolved | Immediate forecast as of October 29, 2019 |
Previous year (FY ended Mar. 31, 2019) |
|
---|---|---|---|
Record date | Mar. 31, 2020 | Mar. 31, 2020 | Mar. 31, 2019 |
Dividend per share | ¥25 | ¥20 | ¥20 |
Total amount of dividends | ¥2,668 million | – | ¥2,135 million |
Payable date | Jun. 18, 2020 | – | Jun. 18, 2019 |
Source of dividends | Retained earnings | – | Retained earnings |
2. Reason
Capcom management sees returning profits to shareholders as an issue of the utmost importance; thus, with consideration given to future business developments and changes in the management environment, we strive to pay stable dividends with a consolidated dividend payout ratio of 30% as our basic policy. This fiscal year, because operating income, ordinary income and net income attributable to owners of the parent were all expected to exceed the prior business forecast due to contributions of hit title Monster Hunter World: Iceborne and high-margin digital download sales, Capcom announced a revision to its consolidated full-year business forecast on February 4, 2020.
In considering that following this announcement Capcom’s business performance continued to be strong, with all profitability items achieving record highs, and based on the above-stated policy, we have decided to increase the year-end dividend for the year ended March 31, 2020 by ¥5 per share, for a dividend of ¥25 per share. With this change, and together with the interim dividend (¥20 per share), the full-year dividend will be ¥45 per share, with a consolidated dividend payout ratio of 30.1%.
(Reference) Full-year dividend
Dividend per share | |||
---|---|---|---|
Record date | Interim dividend End of 2nd quarter |
Year-end dividend End of fiscal year |
Full-year dividend (Total) |
This year (FY ended Mar. 31, 2020) |
¥20 | ¥25 | ¥45 |
Previous year (FY ended Mar. 31, 2019) |
¥15 | ¥20 | ¥35 |