Notice Concerning the Distribution of Interim Dividend and the Revision of Year-end Dividend Forecast for FY2015
Toyota Industries Corporation today announced a resolution of the Board of Directors meeting held on October 31, 2014, concerning the distribution of an interim dividend and the revision of year-end dividend forecast for FY2015 as follows.
1.Details of interim dividend
| Interim dividend for FY 2015 (Determined) |
Recent forecast (As of April 25, 2014) |
Year-end dividend for FY 2014 (Actual) |
|
| Record Date | September 30, 2014 | September 30, 2014 | September 30, 2013 |
| Dividend per share | 50.00 yen | 45.00 yen | 35.00 yen |
| Total amount of dividend |
15,700 million yen | - | 10,960 million yen |
| Effective date | November 26, 2014 | - | November 26, 2013 |
| Source of dividend | November 26, 2013 | - | Retained earnings |
2.Revision of year-end dividend forecast
| The amount of cash dividend per share | |||
| Interim | Year-end | Annual | |
| Previous forecast (April 25, 2014) |
Yen | Yen | Yen |
| 45.00 | 45.00 | 90.00 | |
| Revised forecast | - | 50.00 | 100.00 |
| Actual payment (FY2015 ending March, 2015) |
50.00 | - | - |
| Actual payment (FY2014 ending March, 2014) |
35.00 | 50.00 | 85.00 |
3.Reason for revision
Toyota Industries' dividend policy is to meet the expectations of shareholders while giving full consideration to business performance, funding requirement and focusing on dividend payout ratio. Based on this policy, Toyota Industries plans to pay an interim dividend of 50.0 yen and a year-end dividend of 50.0 yen per common share.