At the Board of Directors meeting today, Rakuten, Inc., (hereinafter “the Company”), resolved to distribute dividends of surplus with record date of December 31, 2016
1. Description of dividends
|
Resolution |
Current Dividend Forecast |
Fiscal 2015 |
Record date |
December 31, 2016 |
― |
December 31, 2015 |
Dividend per share |
4.50 yen |
― |
4.50 yen |
Total Dividend Amount |
6,419 million yen |
― |
6,410 million yen |
Effective date |
March 13, 2017 |
― |
March 14, 2016 |
Dividend source |
Retained earnings |
― |
Retained earnings |
2. Reason
The Company’s basic policy for shareholder returns is to return profits with due consideration to ensuring sufficient internal reserves for the purpose of stabilizing investment funds and financial base with a view to the medium- to long-term growth, and has been increasing or maintaining its dividend per share at a constant level.
For the current fiscal year, the Company decided to pay dividend of 4.5 yen per share, with the resolution of the Meeting of the Board of Directors held today, in accordance with the aforementioned basic policy.