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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.