IR NEWS
 
DAISHINKU CORP. May 18, 2007
 
Notice on payment of Dividends from retained earnings
 
Osaka, May 18, 2007 -DAISHINKU CORP. today, resolved at the Board of Directors meeting held May 18, 2007 to pay dividends from retained earnings regarding March 31, 2007 as record date. The details are as follows:
 
 
1. Dividend distribution
(Units: Million Yen)
 

Dividend declared of the year ended March 31, 2007

Previous Forecast(announced on November 17, 2006)

Result of the year ended

Record Date

March 31, 2007

Same as left

March 31, 2006

Dividend per share

¥5

¥4

¥4

Total dividends paid

¥216 million

-

¥175 million

Effective Date

June 29,2007

-

June 30, 2006

Dividend Resource

Retained Earnings

-

Retained Earnings

 
2. Reason   

We, Daishinku Corp. consider the return of profit to our shareholders as one of our management’s top priorities. By taking our financial standing, profitability, and dividend-payout ratio into consideration, we would like to implement the distribution.

As a result, a dividend per share for the full year will be 9 yen, an increased dividend of 2 yen compared to the previous year’s 7 yen.

The decision for this dividend will be discussed at the annual meeting of shareholders, held on June.

 

ref.  Breakdown of Annual Dividends

  Dividend per share
Record Date

Interim

Year-end

Total annual dividends

Result of the year ended                 March 31, 2007

¥4

¥5

¥9

Result of the year ended                March 31, 2006

¥3

¥4

¥7