DeNA : Notice Regarding Dividend Forecast for the Fiscal Year Ended March 31, 2021
May 07, 2021 at 04:51 am EDT
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The following information was originally prepared and published by DeNA Co., Ltd. in Japanese as it contains timely disclosure materials to be submitted to the Tokyo Stock Exchange. This English translation is for your convenience only. To the extent there is any discrepancy between this English translation and the original Japanese version, please refer to the Japanese version.
May 7, 2021
Company name:
DeNA Co., Ltd.
(TSE First Section Stock Code: 2432)
Name of representative:
Shingo Okamura, President & CEO
Contact person:
Jun Oi, Managing Executive Officer, CFO,
Head of Corporate Unit
Tel.:
03-6758-7200
Notice Regarding Dividend Forecast for the Fiscal Year Ended March 31, 2021
DeNA Co., Ltd. would like to announce its dividend forecast for the fiscal year ended March 31, 2021, which was determined at a Board of Directors meeting held today.
1. Dividend forecast
Dividends per share (yen)
End of 2nd quarter
End of 4th quarter
Total
Previous forecast
Undetermined
Undetermined
Current forecast
32.00 yen
32.00 yen
Actual financial results
0.00 yen
Previous financial results (fiscal
0.00 yen
20.00 yen
20.00 yen
year ended March 31, 2020)
2. Reason
DeNA regards continuing enhancement of its corporate value through business growth and strengthening of the management structure and contributing to shareholders' interest to be important management priorities.
With respect to allocating profit to shareholders through dividends, while considering the performance of each fiscal year, DeNA, as a basic principle, sets as a minimum whichever is higher, a consolidated payout ratio of 15% or an annual dividend of 20 yen per share of DeNA's common stock, and plans to continue paying a dividend while aiming for a consolidated payout ratio of 30% in the future.
Based on our dividend policy, DeNA is scheduled to pay a total dividend of 32 yen per share (consolidated payout ratio of 15.4%) for the fiscal year ended March 31, 2021, having taken into account performance, the future business environment, and internal reserves for the continued growth of business (versus the total dividend of 20 yen per share paid for the previous fiscal year).
DeNA Co. Ltd. published this content on 07 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 May 2021 08:50:05 UTC.
DeNA Co. specializes in mobile and online multimedia services including games, e-commerce, etc. The company also ensures the development and operation of entertainment-based content and applications. Net sales break down by area of activity as follows:
- games (67.3%);
- sport (14.5%);
- e-commerce (9.4%);
- other (8.8%).