Nintendo Co., Ltd.
11-1Hokotate-cho, Kamitoba,
Minami-ku, Kyoto 601-8501
Japan
November 5, 2020
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 November 5, 2020, Nintendo Co., Ltd. (the "Company") resolved to pay the interim dividends with the record date of September 30, 2020 as follows.
In addition, the Company modifies its dividend forecast for the fiscal year ending March 31, 2021, which was announced on May 7, 2020, as follows.
1. Description of dividend
Dividend decided | Most recent dividend forecast | Last year's dividend (Six months | |
(Announced on May 7, 2020) | through September 30, 2019) | ||
Record date | September 30, 2020 | September 30, 2020 | September 30, 2019 |
Interim dividend per share | 810 yen | Undetermined | 270 yen |
Total dividend payment | 96,489 million yen | ― | 32,163 million yen |
Effective date | December 1, 2020 | ― | December 2, 2019 |
Source | Retained earnings | ― | Retained earnings |
2. Dividend forecast modifications
yen | |||
Dividend per share | |||
End of 2nd quarter | Year-end | Annual | |
Previous forecast | Undetermined | Undetermined | 840 |
announced on May 7, 2020 | |||
Modified forecast | 450 | 1,260 | |
Year ending March 31, 2021 | 810 | ||
Year ended March 31, 2020 | 270 | 820 | 1,090 |
3. Reason for modifications
The interim (at the end of 2nd quarter) dividend per share, in accordance with the current policy, is 810 yen. If the actual consolidated financial results for the fiscal year ending March 31, 2021 are in line with our
modified financial forecasts announced today, on November 5, 2020, the dividend per share for annual and the year-end dividend of the fiscal year ending March 31, 2021 are expected to be 1,260 yen and 450 yen correspondingly.
As for the previous dividend forecast for the fiscal year ending March 31, 2021, 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.
※Notes
The interim (at the end of 2nd quarter) dividend per share 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.
The annual dividend per share is established at the higher of the amount calculated by dividing 33% of consolidated operating profit for the fiscal year by the total number of outstanding shares, excluding treasury shares, as of the end of the fiscal year rounded up to the 10 yen digit, or the amount calculated based on the 50% consolidated payout ratio rounded up to the 10 yen digit.
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 05 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 November 2020 07:11:06 UTC