Notice Concerning Dividends for FY2015
Toyota Industries Corporation announces a resolution of the Board of Directors meeting held on April 28, 2015, concerning the dividends for FY2015 as follows. It will be proposed at the 137th Ordinary General Meeting of Shareholders to be held on June 11, 2015.
1.Details of dividends
| Year-end dividend for FY 2015 (Proposal) |
Recent forecast (As of October 31, 2014) |
Year-end dividend for FY 2014 (Actual) |
|
| Record Date | March 31, 2015 | March 31, 2015 | March 31, 2014 |
| Dividend per share | 60.00 yen | 50.00 yen | 50.00 yen |
| Total amount of dividends |
18,849 million yen | — | 15,686 million yen |
| Effective date | June 12, 2015 | — | June 16, 2014 |
| 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 60 yen per common share.
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Detail of dividends through the fiscal year
| Dividends per share (yen) | |||
| Record Date | Interim dividend | Year-end dividend | Annual dividend |
| Dividends for FY 2015 | 50.00 (Actual) |
60.00 (Proposal) |
110.00 (Proposal) |
| Dividends for FY 2014 (Actual) |
35.00 | 50.00 | 85.00 |