SYSKEN Corporation

<h3>3. Dividend Policy</h3>
<p style="margin-left: 24px; text-align: left">The Company's basic policy is to strengthen its financial position in preparation for future business activities and to maintain a stable dividend level for shareholders on a sustainable basis, taking into comprehensive consideration its financial condition and profit levels.</p>
<p style="margin-left: 24px; text-align: left">To increase opportunities for profit distribution to shareholders, the Company has introduced an interim dividend system starting this fiscal year and will pay dividends twice annually—interim dividends and year-end dividends.</p>
<p style="margin-left: 24px; text-align: left">The decision-making bodies for these dividend distributions are the shareholders' meeting for year-end dividends and the board of directors for interim dividends.</p>
<p style="margin-left: 24px; text-align: left">For this fiscal year's dividends, taking into comprehensive consideration the above policy and business performance, the Company has set the interim dividend at 6 yen per share and the year-end dividend at 35 yen per share.</p>
<p style="margin-left: 24px; text-align: left">The Company conducted a stock consolidation on October 1, 2017, at a ratio of 1 share for every 5 ordinary shares. The interim dividend is based on the dividend amount before the stock consolidation, while the year-end dividend is based on the amount after the stock consolidation.</p>
<p style="margin-left: 24px; text-align: left">Regarding retained earnings, the Company intends to use them to strengthen competitiveness and profitability and to secure a long-term and stable management foundation, thereby making effective investments for future expansion of shareholder value.</p>
<p style="margin-left: 24px; text-align: left">At the ordinary shareholders' meeting held on June 23, 2017, the Company amended its articles of incorporation to provide that, based on Article 454, Paragraph 5 of the Companies Act, the board of directors may resolve to pay interim dividends with September 30 as the record date each year.</p>
<p style="margin-left: 24px; text-align: left">The dividend distributions for this fiscal year are as follows:</p>
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<p style="margin-left: 6px; text-align: center">Resolution Date</p>
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<p style="text-align: center">Total Dividend Amount<br/>(Million Yen)</p>
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<p style="text-align: center">Dividend per Share<br/>(Yen)</p>
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<p style="text-align: center">November 8, 2017</p>
<p style="text-align: center">Board of Directors Resolution</p>
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<p style="margin-right: 12px; text-align: right">77</p>
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<p style="margin-right: 12px; text-align: right">6</p>
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<p style="text-align: center">June 21, 2018</p>
<p style="text-align: center">Ordinary Shareholders' Meeting Resolution</p>
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<p style="margin-right: 12px; text-align: right">88</p>
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<p style="margin-right: 12px; text-align: right">35</p>
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<span style="font-size: 12px">(Note) At the 64th ordinary shareholders' meeting held on June 23, 2017, the Company conducted a stock consolidation on October 1, 2017, consolidating 5 ordinary shares into 1 share. The dividend per share of 6 yen resolved by the board of directors on November 8, 2017 is stated before the stock consolidation. When adjusted for the stock consolidation, the dividend per share is 30 yen. The dividend per share of 35 yen resolved at the ordinary shareholders' meeting on June 21, 2018 is stated after the stock consolidation.</span>
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<p>Our basic policy is to comprehensively consider our financial condition and profit levels, strengthen our financial position to prepare for future business activities, and maintain a stable dividend level for shareholders on a sustainable basis. We pay dividends twice a year: an interim dividend and a year-end dividend. We use retained earnings to strengthen competitiveness and profitability, secure a stable long-term business foundation, and make strategic investments to expand shareholder value in the future.</p>

SYSKEN Corporation (E00198) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)