The Board of Directors of Asahi Kasei Corp. has today made a resolution as shown below regarding the payment of dividends from surplus with a date of record of March 31, 2017.
1.Substance of dividend payments
(announced on February 7, 2017)
2.Reason of the resolution
The company's basic policy is to continuously generate cash flow as a source of funds to invest for further growth and to perform return to shareholders through dividends in an appropriate balance.
The dividend at the end of fiscal 2016 is now ¥14 per share in consideration of the above stated policy. As a result, the annual dividend per share increased by ¥4 from a year ago to ¥24 per share, as shown in the following table.
In accordance with Asahi Kasei's Articles of Incorporation, dividends from surplus are determined by resolution of the Board of Directors.