News
Notice Regarding Dividend from Surplus
Aug 10, 2021
On August 10, 2021, TechnoPro Holdings, Inc. resolved to pay the year-end dividend to shareholders of record as of June 30, 2021.
The resolution will be brought to a vote at its annual shareholders’ meeting scheduled on September 29, 2021.
1. Year-end Dividend
FY2021 Year-end | Latest forecast (announced April 28, 2021) | FY2020 Year-end | |
---|---|---|---|
Record date | June 30, 2021 | June 30, 2021 | June 30, 2020 |
Dividend per share | ¥135.00 | ¥122.00 | ¥100.00 |
Total dividend amount | ¥4,847 million | — | ¥3,590 million |
Effective date | September 30, 2021 | — | September 30, 2020 |
Source of payment | Retained earnings | — | Retained earnings |
2. Reason
TechnoPro Holdings, Inc.’s basic capital policy is to distribute profits generated through our business activities to our shareholders, as well as to maximize corporate value over the medium and long term by investing in growth areas, including engineering professional services, shift toward higher added value, overseas business expansion and M&A activities in an effort to create value by realizing return beyond cost of capital, and it distributes profits linked to business performance at the dividend payout ratio of 50% or higher.
Based on the basic policy above, TechnoPro Holdings, Inc. had announced in the latest guidance to pay a year-end dividend of ¥122.00 per share. TechnoPro Holdings, Inc., however, decided to raise the dividend to ¥135.00 per share (total annual dividend of ¥185.00 per share, including interim dividend of ¥50.00) in consideration of earnings performance and financial conditions, representing an increase of ¥13.00 per share compared to the guidance.
(Reference) Annual dividend
Dividend per share (yen) | |||
---|---|---|---|
Interim | Year-end | Total | |
FY2021 | ¥50.00 | ¥135.00 | ¥185.00 |
FY2020 | ¥50.00 | ¥100.00 | ¥150.00 |
*The Group conducted a three-for-one split of ordinary shares on July 1, 2021. Actual dividend amounts from before the stock split are stated for FY ended June 30, 2020 and FY ended June 30, 2021.
(Note on translation)
This document is provided for informational purpose only. If there are any discrepancies between this and the original, the original Japanese document prevails.