Nintendo Co., Ltd.
11-1Hokotate-cho, Kamitoba,
Minami-ku, Kyoto 601-8501
Japan
October 31, 2019
Representative: Shuntaro Furukawa Representative Director and President (TSE First Section Stock Code: 7974)
Contact Person: Yutaka Takenaga Deputy General Manager
Corporate Analysis & Administration Division (Tel:075-662-9600)
Notice of Dividend (end of 2nd quarter) and Dividend Forecast Modifications
At the Board of Directors' Meeting held on October 31, 2019, Nintendo Co., Ltd. (the "Company") resolved to pay the interim dividends with the record date of September 30, 2019 as follows.
In addition, the Company modifies its dividend forecast for the fiscal year ending March 31, 2020, which was announced on April 25, 2019, as follows.
1. Description of dividend
Dividend decided | |
Record date | September 30, 2019 |
Interim dividend per share | 270 yen |
Total dividend payment | 32,163 million yen |
Effective date | December 2, 2019 |
Source | Retained earnings |
Most recent dividend forecast | Last year's dividend (Six months |
(Announced on April 25, 2019) | through September 30, 2018) |
September 30, 2019 | September 30, 2018 |
Undetermined | 170 yen |
― | 20,421 million yen |
― | December 3, 2018 |
― | Retained earnings |
2. Dividend forecast modifications for the fiscal year ending March 31, 2020 (April 1, 2019 - March 31, 2020)
yen
Dividend per share | |||
Previous forecast | Undetermined | Undetermined | 760 |
announced on April 25, 2019 | |||
Modified forecast | 490 | 760 | |
Year ending Mar. 31, 2020 | 270 | ||
Year ended Mar. 31, 2019 | 170 | 640 | 810 |
3. Reason for modifications
The interim (at the end of 2nd quarter) dividend per share, in accordance with the current policy, is calculated by dividing 33% of consolidated operating profit of the six-month period by the total number of outstanding shares, excluding treasury shares, as of the end of the six-month period rounded up to the 10 yen digit. As a result, the dividend per share is 270 yen.
The annual dividend per share, in accordance with the current policy, remains the same as the amount announced on April 25, 2019. Since the interim dividend has been decided, the year-end dividend per share is expected to reach a net of 490 yen.
As for the previous dividend forecast for the fiscal year ending March 31, 2020, only the annual dividend is described because the financial forecast for the year is prepared only on a full fiscal year basis and the dividend cannot be separately forecasted between the interim and the fiscal year-end.
[Note]
Forecasts announced by the Company referred to above were prepared based on management's assumptions with information available at this time and therefore involve known and unknown risks and uncertainties. Please note such risks and uncertainties may cause the actual results to be materially different from the forecasts (earnings forecast, dividend forecast, and other forecasts).
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Nintendo Co. Ltd. published this content on 31 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2019 07:36:03 UTC