Japan Investment Adviser : Notice of Payment of Dividends
February 22, 2022 at 01:31 am EST
Share
February 22, 2022
Company
Japan Investment Adviser Co., Ltd.
Representative
Naoto Shiraiwa, President & CEO
(TSE First Section, Stock Code: 7172)
Contact
Board Director, Takeshi Sugimoto
TEL.
81-3-6550-9307
Notice of Payment of Dividends
Japan Investment Adviser Co., Ltd. ("the Company") announces that it has resolved in the Board of Directors meeting held on February 22, 2022, to submit a proposal of dividends with a record date of December 31, 2021 as described below at the 16th Annual General Meeting of Shareholders which will be held on March 29, 2022.
1. Details of Dividends
Dividend paid at the
Amount determined
Most recent dividend forecast
(announced on February 10, 2021)
end of FY2020
Record date
December 31, 2021
December 31, 2021
December 31, 2020
Dividend per share
16.00 yen
16.00 yen
16.00 yen
Total amount of
483 million yen
―
480 million yen
dividends
Effective date
March 30, 2022
―
March 29, 2021
Source of dividends
Retained earnings
―
Retained earnings
2. Reasons for Dividends
Returning profits to shareholders is one of our highest priorities and the Company also places great importance on our dividend policy. The basic policy for the distribution of surplus is to pay dividends in consideration of the balance between performance-linked and stable dividends, while securing the necessary internal reserves for future business development and strengthening our financial base.
In view of the above policy, the Company plans to pay a year-end dividend of 16 yen per share for the fiscal year ended on Dec. 31, 2021, which makes an annual dividend of 32 yen per share including the interim dividend (Same amount as previous period).
1
3. Dividends Forecast for the Fiscal Year Ending December 31, 2022
For the fiscal year ending Dec. 31, 2022, the Company plans to pay an interim dividend of 16 yen per share, a year-end dividend of 16 yen per share, and an annual dividend of 32 yen per share (consolidated payout ratio: 32.1%), the same amount as the fiscal year ended on Dec. 31, 2021, with an emphasis on stable dividends.
(Reference)Annual Dividends
Record date
Dividend per share
Consolidated
Interim
Year - end
Total
payout ratio
December
31,
2022
16.00 yen
16.00 yen
32.00 yen
32.1%
(forecast)
December
31,
2021
16.00 yen
16.00 yen *
32.00 yen
33.0%
(result)
December
31,
2020
16.00 yen
16.00 yen
32.00 yen
25.0%
(result)
Note: To be proposed at the 16th Ordinary General Meeting of Shareholders to be held on March 29, 2022.
Inquiries: PR/IR group
TEL: 81-3-6550-9307
ends
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Disclaimer
Japan Investment Adviser Co. Ltd. published this content on 22 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 February 2022 06:30:05 UTC.
Japan Investment Adviser Co Ltd is a Japan-based company mainly engaged in the operating lease business and other financial solutions business. The Operating Leasing segment is mainly engaged in the operating lease business for aircrafts and containers. The Environmental Energy segment is mainly engaged in the solar power generation business. The Parts Out and Conversion segment is mainly engaged in the purchase and dismantling of retired aircrafts, the inventory management of parts and the sale to users around the world, as well as the purchase and resale of used passenger aircrafts through remodeling them into transport aircrafts. The Other segment is engaged in the merger and acquisition (M&A) advisory business, the insurance agency business and the private equity investment business. The Media segment is engaged in the newspaper and publishing business, the advertising business and the investor relations (IR) support business for listed companies.