Notice Concerning Dividends for FY2014
Toyota Industries Corporation announces a resolution of the Board of Directors meeting held on April 25, 2014, concerning the dividends for FY2014 as follows. It will be proposed at the 136th Ordinary General Meeting of Shareholders to be held on June 13, 2014.
1.Details of dividends
for FY 2014
(As of October 31,
for FY 2013
|Record Date||March 31, 2014||March 31, 2014||March 31, 2013|
|Dividend per share||50.00 yen||35.00 yen||30.00 yen|
|15,686 million yen||-||9,366 million yen|
|Effective date||June 16, 2014||-||June 14, 2013|
|Source of dividends||Retained earnings||-||Retained earnings|
2.Reason for the dividend amount
Toyota Industries’ dividend policy is to meet the expectations of shareholders for continuous dividends while giving full consideration to business performance, funding requirements, the dividend payout ratio and other factors. Under the policy, Toyota Industries plans to pay a year-end cash dividend of 50 yen per common share.
Detail of dividends through the fiscal year