SB Technology Corp.
We would like to inform you that at the board of directors meeting held today, the Company resolved to pay dividends from surplus with March 31, 2021 as the record date as shown below.
The dividend of surplus will be discussed at the 33rd Ordinary General Meeting of Shareholders scheduled to be held on June 21, 2021.
Record
1. Regarding the year-end dividend for the fiscal year ending March 2021
(1) Contents of dividends from surplus
Determined amount | Latest dividend forecast (Published on April 27, 2020) |
Previous period results (Fiscal year ending March 2020) |
|
---|---|---|---|
Reference date | March 31, 2021 | Same as left | March 31, 2020 |
Dividend per share | 25 yen | 15 yen | 20 yen 00 sen |
Total dividend amount | 505 million yen | - | 403 million yen |
Effective date | June 22, 2021 | - | June 29, 2020 |
Dividend source | an earned surplus | - | an earned surplus |
*Total dividends are rounded down to the nearest million yen.
(2) Reason for distribution of surplus
Our company positions the interests of our shareholders as one of our most important management policies, and strives to continuously improve our corporate value while strengthening our corporate structure. As a policy for returning profits to shareholders, we basically consider the distribution of results through dividends, and pay stable and continuous dividends while comprehensively taking into account each fiscal year's consolidated results, investment plans, cash on hand, etc. The policy is to implement the following. Additionally, the Company's policy is to pay dividends from surplus twice a year: an interim dividend and a year-end dividend.
With regard to dividends at the end of the current fiscal year, net income attributable to owners of parent company achieved 2,428 million yen, an increase of 30.8% year on year, and continued growth is expected in the future. The ordinary dividend per share will be 25 yen, an increase of 10 yen from the year-end dividend forecast announced on the day of the fiscal year.
At the end of the second quarter, we paid an interim dividend of 15 yen per share, making the annual dividend for the current period 40 yen.
(Reference) Breakdown of annual dividends
Dividend per share | |||
---|---|---|---|
Reference date | End of second quarter | end of term | yearly |
Actual results for the current period | 15 yen | 25 yen | 40 yen 00 sen |
Previous period results (Fiscal year ending March 2020) |
10 yen | 20 yen 00 sen | 30 yen 00 sen |
■The PDF of this release can be downloaded from the link below.
Click here for the PDF
Contact information for inquiries from media regarding this matter
○ SB Technology Corp. Corporate Planning Division Corporate Planning Department
Email: sbt-ir@tech.softbank.co.jp