At the Board of Directors meeting today, Rakuten, Inc., (hereinafter “the Company”), resolved to distribute dividends of surplus with record date of December 31, 2014.
1. Description of dividends
|
|
Resolution |
Current Dividend Forecast |
Fiscal 2013 |
|
Record date |
December 31, 2014 |
― |
December 31, 2013 |
|
Dividend per share |
4.50 yen (Ordinary) 4.50 yen |
― |
4.00 yen (Ordinary) 3.00 yen (Commemorative) 1.00 yen |
|
Total Dividend Amount |
5,952 million yen |
― |
5,271 million yen |
|
Effective date |
March 30, 2015 |
― |
March 31, 2014 |
|
Dividend source |
Retained earnings |
― |
Retained earnings |
2. Reason
Under its basic policy for return of profit, the Company has constantly been paying stable and continuous dividends, while fully aware of the necessity to maintain a sound financial position, and to provide sufficient retained earnings for active business development in the future, with the ultimate aim to maximize its corporate value.
For the current fiscal year, the Company decided to pay dividend of ¥4.5 per share (versus ¥4 per share for the previous fiscal year including a ¥1 per share commemorative dividend), with the resolution of the Meeting of the Board of Directors held today, in accordance with the aforementioned basic policy.