Tsumura & Co. (Headquarters: Tokyo, President: Junichi
Yoshii) is pleased to announce that a meeting of the Board of Directors held
on March 15 has adopted a resolution to revise upwards the projected year-end
dividend per share for the term ended March 31, 2007 (71st term). Details are
as follows:
Details
1. Reason for the Revision
The Company paid an interim dividend per share of  7 for the term ended March
31, 2007 and projected a year-end dividend of 7, giving an annual dividend of 14 for the term.
To respond to the continued support of our shareholders, however, we have decided
to raise the projected year-end dividend by 3 to 10, even though sales and
profits for the term were slightly below our original forecast. As a consequence,
the annual dividend for the term has increased 3, from 14
to 17.
2. Dividend for the Term (from April 1, 2006 to March 31, 2007)
| |
| |
Interim dividend |
Year-end dividend |
Annual dividend |
| Projected (November 1, 2006) |
7 |
7 |
14 |
| Revision |
7 (performance) |
10 |
17 |
| Actual for the term ended March 2006 |
6 |
8 |
14 |
|
|
|
