Security code: 4912; the First Section of the Tokyo Stock Exchange
Notice Regarding the Distribution of Retained Earnings
Based on a resolution passed today by its Board of Directors, Lion Corporation announces its decision to raise its year-end distribution of retained earnings with a record date of December 31, 2017, by ¥2 from its original forecast to ¥10 per share. The total annual dividend for fiscal 2017 will therefore be ¥17 per share, including an interim dividend of ¥7 per share.
1. Dividend Details
Determined amount
Most recent dividend forecast (February 10, 2017)
Results for the fiscal year ended December 31, 2016
Record date
December 31, 2017
December 31, 2017
December 31, 2016
Dividends per share
¥10.00
¥8.00
¥8.00
Total dividends
¥2,910 million
―
¥2,324 million
Effective date
March 1, 2018
―
March 2, 2017
Source of dividends
Retained earnings
―
Retained earnings
2. Reason for Change
In light of the full-year consolidated earnings results for the fiscal year ended December 31, 2017, Lion Corporation raised its year-end dividend by ¥2 per share.
Reference: Breakdown of annual dividends
Dividends per share
Record date
June 30
December 31
Total
Results for the fiscal year ended December 31, 2017
¥7.00
¥10.00
¥17.00
Results for the fiscal year ended December 31, 2016
¥5.00
¥8.00
¥13.00
3. Other
Regarding the per-share dividends for the fiscal year ending December 31, 2018, Lion Corporation forecasts an annual dividend totaling ¥20 per share, comprising an interim dividend of ¥10 per share and a year-end dividend of ¥10 per share.
1
Lion Corporation published this content on 09 February 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 09 February 2018 06:10:05 UTC.
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Lion Corporation is a Japan-based company mainly engaged in the manufacture and sale of consumable goods and industrial products. The Company operates in three business segments. The General Consumable Goods segment purchases and manufactures consumable goods, as well as sells its products through agent stores. This segment also involves pet food trading and over-the-counter management business. The Industrial Goods segment trades industrial products and kitchen cleanser. The Overseas segment manufactures and sells general consumable goods and chemical materials in overseas markets. The Company is also engaged in the design, construction and maintenance of the Company's equipment and the transportation of its products, the real estate, agency and welfare businesses.