SMC : Notice on Dividend of Surplus（151KB）

May 14, 2024

Notice on Dividend of Surplus

(for the Fiscal Year 2023 ended March 31, 2024)

Company name :	SMC Corporation
Stock exchange listing :	Tokyo Stock Exchange, Prime Market
Security code :	6273
URL :	https://www.smcworld.com/ir/en/
Representative :	Yoshiki Takada, President
Contact person :	Akinori Kato, General Manager of Corporate Communications Office

SMC Corporation (SMC) hereby announces that SMC resolved at the Board of Directors' Meeting held today, to put the subject "Dividend of surplus for the fiscal year 2023 (record date was March 31, 2024)" to vote at the 65th Annual General Meeting of Shareholders scheduled on June 27, 2024, as follows.

1. Details of year-end dividend

			Year-end dividend			Latest forecast			Results of FY 2022
							(ended March 31, 2023)
	Record Date		March 31, 2024		Same as on the left		March 31, 2023
	Dividend per share	¥ 500.00		¥ 450.00		¥ 450.00
	Amount of		¥ 32,072 million		¥ 29,026 million		¥ 29,026 million
	dividend
	Day of payment		June 28, 2024		Same as on the left		June 30, 2023
	Resource of		Retained earnings		Same as on the left		Same as on the left
	dividend

2. Reasons for the dividend

SMC returns its profits to the shareholders, in line with its basic long-term policy of continuous and stable dividend.

Considering the recent business performance and financial conditions, SMC has determined the year-end dividend to be a ¥50 plus, which is ¥500 per share.

According to this, including the interim dividend of ¥450 per share already paid, the annual dividend per share for the fiscal year 2023 (ended March 31, 2024) will be ¥950.

SMC Corporation

- 1 -

[For reference]

							Dividend per share
	Record Date			At the end of 2Q			At the end of			Full fiscal year
			(interim)			fiscal year
	FY 2022	¥ 450.00		¥ 450.00		¥ 900.00
	(year ended March 31, 2023)
	FY 2023	¥ 450.00		¥ 500.00		¥ 950.00
	(year ended March 31, 2024)
	[Forecast] FY 2024	¥ 500.00		¥ 500.00		¥ 1,000.00
	(year ending March 31, 2025)
										End

SMC Corporation

- 2 -