Notice Concerning Dividends of Surplus
[Translation]
Toyota Industries Corporation announces a resolution of the Board of Directors meeting held on April 26, 2024, concerning the dividends for FY2024 as below.
1. Details of dividends
| Determined amount | Recent forecast (As of April 27, 2023) | Year-end dividend for FY2023 | |
|---|---|---|---|
| Record date | March 31, 2024 | March 31, 2024 | March 31, 2023 |
| Dividend per share | 140.00 yen | 100.00 yen | 100.00 yen |
| Total amount of dividends |
43,466 million yen | — | 31,047 million yen |
| Effective date | May 27, 2024 | — | May 25, 2023 |
| Source of dividends | Retained earnings | — | Retained earnings |
2. Reasons for the Dividend Amount
Toyota Industries Corporation 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 140 yen per common share.
[Reference]
Details of dividends through the fiscal year
| Dividend per share | |||
|---|---|---|---|
| Record date | 2nd quarter-end | Year-end | Total |
| Dividends for FY2024 | 100.00 yen | 140.00 yen | 240.00 yen |
| Dividends for FY2023 | 90.00 yen | 100.00 yen | 190.00 yen |