Notice of determination of dividends from surplus (interim dividend) and forecast for year-end dividend
November 6, 2020
Asahi Kasei Corp.
The Board of Directors of Asahi Kasei Corp. has today made a resolution as shown below regarding the payment of dividends from surplus for the fiscal year ending March 31, 2021 (interim dividend) with a date of record of September 30, 2020, and the year-end dividend forecast.
1. Dividends from surplus (interim dividend)
Resolved today | Latest forecast (announced on August 4, 2020) |
Previous interim dividend | |
---|---|---|---|
Date of record | September 30, 2020 | September 30, 2020 | September 30, 2019 |
Dividend per share | ¥17 | Indeterminate | ¥18 |
Total dividend amount | ¥23,594 million | — | ¥24,982 million |
Payment date | December 1, 2020 | — | December 3, 2019 |
Source of dividends | Retained earnings | — | Retained earnings |
2. Year-end dividend forecast
Cash dividend per share (yen) | |||
---|---|---|---|
Date of record | End of Q2 | Fiscal year end | Total |
Previous forecast | Indeterminate | Indeterminate | Indeterminate |
Current forecast | ¥17 | ¥34 | |
Dividend adopted | ¥17 | ||
cf. fiscal 2019 | ¥18 | ¥16 | ¥34 |
3. Reason
On November 6, 2020, the Board of Directors made a resolution for interim dividends of ¥17 per share. Furthermore, along with the announcement of the full-year performance forecast, the year-end dividend is forecasted to be ¥17 per share, with a total annual dividend forecast of ¥34 per share, the same as in the previous fiscal year.
In accordance with Asahi Kasei's Articles of Incorporation, dividends from surplus are determined by resolution of the Board of Directors.