FOR IMMEDIATE RELEASE

Lasertec Corporation

2-10-1Shin-yokohama,Kohoku-ku, Yokohama

(Code 6920 / Tokyo Stock Exchange 1st Section)

Announcement of Dividend of Surplus (Interim Dividend)

Yokohama, February 3, 2020 - Lasertec Corporation announced today that its Board of Directors passed a resolution on February 3, 2020 to declare a dividend to shareholders of record as of December 31, 2019 as described below.

1. Details of Dividend

Last Forecast of

Interim Dividend for the

This Announcement

Previous Fiscal Year

Dividend

(Fiscal year ended

(November 25, 2019)

June 30, 2019)

Record Date

December 31, 2019

December 31, 2019

December 31, 2018

Dividend per Share

31 yen

31 yen

16 yen

Total Amount of

1,397 million yen

721 million yen

Dividend

Effective Date

March 6, 2020

March 6, 2019

Source of Dividend

Retained earnings

Retained earnings

2. Reason

Our basic policy concerning profit distribution is to flexibly pay dividends based on performance while maintaining steady profit distribution to shareholders, with a consolidated annual dividend payout ratio of 35% being the guideline. In accordance with this policy and based on the forecast of operating results, we have decided to pay an interim dividend of 31 yen per share, the same as forecast.

(Reference) Breakdown of Annual Dividends

Dividend per Share

Record Date

End of 2nd Quarter

End of Year

Total

Dividend Forecast

31 yen

24 yen

--

(if no stock split)

(31 yen)

(48 yen)

(79 yen)

This Fiscal Year

31 yen

(ending June 30, 2020)

Previous Fiscal Year

16 yen

31 yen

47 yen

(ended June 30, 2019)

(Note) Effective January 1, 2020, the company split its common stock 2 for 1 in accordance with the resolution of the Board of Directors dated November 25, 2019. The figure of year-end dividend per share for the fiscal year ending June 30, 2020 (forecast) is calculated based on the number of issued shares after the stock split. The figure would be 48 yen if it were calculated using the number of issued shares before the stock split. The figure of total dividend per share for the fiscal year ending June 30, 2020 (forecast) is not shown here because its calculation is too complicated due to the stock split.

Contact for Inquiries:

Shu Uchiyama

Managing Director and Chief Administrative Officer

Phone: +81-45-478-7111

https://www.lasertec.co.jp

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Disclaimer

Lasertec Corporation published this content on 03 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 February 2020 09:40:12 UTC