Notice Concerning the Distribution of Interim Dividend and the Revision of Year-end Dividend Forecast for FY2018

News Release IR

At the Board of Directors meeting held on October 31, 2017, Toyota Industries resolved the distribution of an interim dividend and the revision of year-end dividend forecast for FY2018 as follows.

1. Details of dividends

Interim dividend
for FY 2018
Previous forecast
(As of April 28, 2017)
Year-end dividend
for FY 2017
Record date September 30, 2017 September 30, 2017 September 30, 2016
Dividend per share 70.00 yen 65.00 yen 60.00 yen
Total amount
of dividends
21,734 million yen 18,755 million yen
Effective date November 27, 2017 November 25, 2016
Source of dividends Retained earnings Retained earnings

2. Revision of year-end dividend forecast

The amount of cash dividend per share
1st Quarter2nd Quarter
3rd Quarter4th QuarterFY Total
Previous forecast
(As of April 28, 2017)
Revised forecast 70.00 140.00
(FY2018 ending March, 2018)
(FY2017 ending March, 2017)
60.00 65.00 125.00

3.Reason for the dividend amount

Toyota Industries 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. Toyota Industries plans to pay an interim dividend of 70 yen per common share and forecasts a year-end dividend of 70 yen per common share.