Notice Concerning Dividends of Surplus
[Translation]
Toyota Industries Corporation announces a resolution of the Board of Directors meeting held on April 27, 2023, concerning the dividends for FY2023 as follows.
1. Details of dividends
| Determined amount | Recent forecast (As of April 28, 2022) | Year-end dividend for FY2022 | |
|---|---|---|---|
| Record date | March 31, 2023 | March 31, 2023 | March 31, 2022 |
| Dividend per share | 100.00 yen | 90.00 yen | 90.00 yen |
| Total amount of dividends |
31,047 million yen | — | 27,943 million yen |
| Effective date | May 25, 2023 | — | May 26, 2022 |
| Source of dividends | Retained earnings | — | Retained earnings |
2. Reasons 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 and the dividend payout ratio. Toyota Industries plans to pay a year-end cash dividend of 100 yen per common share.
[Reference]
Detail of dividends through the fiscal year
| Dividend per share | |||
|---|---|---|---|
| Record date | 2nd quarter-end | Year-end | Total |
| Dividends for FY2023 | 90.00 yen | 100.00 yen | 190.00 yen |
| Dividends for FY2022 | 80.00 yen | 90.00 yen | 170.00 yen |