Notice of Dividend from Retained Earnings
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January 29, 2025
Canon Marketing Japan Inc.
TSE code: 8060
Tokyo Stock Exchange (Prime Market)
At the Board of Directors meeting held on January 29, 2025, Canon Marketing Japan Inc. resolved to pay dividend from the retained earnings for the fiscal year ended December 31, 2024, as follows.
1.Details of Dividend
| Ratified Amount | Latest Dividend Forecast (Announced on October 23, 2024) | Dividend Paid (for the Fiscal Year 2023) | |
|---|---|---|---|
| Base Period | December 31, 2024 | Same as left | December 31, 2023 |
| Dividend per Share | ¥80.00 | ¥70.00 | ¥70.00 |
| Dividend Amount | ¥8,712 million | - | ¥9,077 million |
| Effective Date | March 28, 2025 | - | March 28, 2024 |
| Payment Source | Retained earnings | - | Retained earnings |
2.Reasons for the Revision
Our basic policy on profit sharing is to pay dividends based on the consolidated payout ratio of around 40% or above, comprehensively taking into consideration our medium-term income outlook and investment plans, as well as cash flows generated from them.
We expected the year-end dividend for the fiscal year under review to be 70 yen per share as announced on October 23, 2024. Now, as a result of comprehensively considering, among other factors, the above-mentioned policy and the results for the fiscal year under review, we have decided to increase it to 80 yen per share and pay an annual dividend of 140 yen per share, including the interim dividend.
| Dividend per Share | |||
|---|---|---|---|
| Base Period | Interim | Year End | Full Year |
| Results for the Current Period | ¥60.00 | ¥80.00 | ¥140.00 |
| Results for the Previous Period (Fiscal Year ended December 31, 2023) |
¥50.00 | ¥70.00 | ¥120.00 |