SB Technology Corp.
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We would like to inform you that at the board of directors meeting held today, the Company resolved to pay dividends from surplus with the record date of March 31, 2023 as shown below.
This matter is scheduled to be discussed at the 35th Ordinary General Meeting of Shareholders scheduled to be held on June 19, 2023.
Record
1. Regarding the year-end dividend for the fiscal year ending March 2023
(1) Contents of dividends from surplus
Determined amount | Latest dividend forecast (Published on April 27, 2022) |
Previous period results (Fiscal year ending March 2022) |
|
---|---|---|---|
Reference date | March 31, 2023 | Same as left | March 31, 2022 |
Dividend per share | 35 yen | 25 yen | 30 yen 00 sen |
Total dividend amount | 695 million yen | - | 607 million yen |
Effective date | June 20, 2023 | - | June 21, 2022 |
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 our shareholders, we basically pay stable and continuous dividends, taking into comprehensive consideration each fiscal year's consolidated results, investment plans, cash on hand, etc. However, stock price trends Our policy is to consider the acquisition and cancellation of treasury stock as necessary, taking into consideration factors such as the Company's financial position and financial situation. Additionally, the Company's policy is to pay dividends from surplus twice a year: an interim dividend and a year-end dividend.
Regarding dividends at the end of the fiscal year, net income attributable to owners of the parent company achieved 3,497 million yen. Although profits have decreased compared to the previous fiscal year, if we exclude the impact of the sale of investment securities that occurred in the previous fiscal year, profits have increased, and we expect continued growth in the future. The ordinary dividend per share will be 35 yen, an increase of 10 yen from the year-end dividend forecast announced on the 27th.
At the end of the second quarter, we paid an interim dividend of 25 yen per share, making the annual dividend for the current period 60 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 | 25 yen | 35 yen | 60 yen 00 sen |
Previous fiscal year results (fiscal year ending March 2022) | 20 yen 00 sen | 30 yen 00 sen | 50 yen 00 sen |
Contact information for inquiries from media regarding this matter
○ SB Technology Corp. Management Headquarters Corporate Planning Headquarters Corporate Planning Department
Email: sbt-ir@tech.softbank.co.jp