Dividend Information
Fundamental Policy for Distribution of Earnings to Shareholders
To maximize its shareholder value, FRANCE BED HOLDINGS regards profit distribution as one of its key management priorities. The Company decides its dividend by comprehensively taking into account its financial results, operating environment and the necessity of a strong balance sheet, in line with its fundamental policy of making every effort to maintain a stable dividend payment.
Dividend Payments
| Cash dividends per share | Total dividends paid
(Annual) |
Payout ratio (Consolidated) (%) |
|||
|---|---|---|---|---|---|
| Interim (Yen) | Year-end (Yen) | Total (Yen) | |||
| FY2017 | 12.50 | 12.50 | 25.00 | 1,012 | 52.5% |
| FY2018 | 12.50 |
12.50 |
25.00 |
1,006 | 55.6% |
| FY2019 | 12.50 | 15.50 | 28.00 | ー | 42.4% |
| FY2020 | 14.00 (Performance) |
14.00 (Performance) |
28.00 (Performance) |
ー | 71.6% (Performance) |
Note:Breakdown of the year-end dividend for the fiscal year ended March 31, 2019 Ordinary dividend: ¥12.50 Commemorative dividend: ¥3.00