|Depository and Registrar:||CITIBANK, N.A.|
|Depositary Contact:||Citibank Shareholder Services, 250 Royall Street,
Canton, MA 02021 U.S.A.
|Toll Free Number:||1-877-248-4237 (CITI-ADR)|
Since the second half of fiscal 2010 we have set the policy to flexibly decide the consolidated dividend payout ratio in the range of 20% to 30%.
The annual dividend for the year ended March 31, 2012 will be 50 yen per share, applying the consolidated dividend payout ratio of 25% to consolidated net income* results of 250.7 billion yen. The annual dividend will be increased by 14 yen from the annual dividend for the year ended March 31, 2011, which was 36 yen per share.
* "consolidated net income" presented above is equivalent to "profit attributable to owners of the parent" of the IFRS.
Earnings and Dividend per Share
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