TOKYO, February 8, 2021 - TAIYO YUDEN CO., LTD. announced that the meeting of its Board of Directors held on February 8, 2021 resolved to revise the year-end dividend forecast for the fiscal year ending March 31, 2021 as outlined below.
1. Rationale for revision of dividend forecast
TAIYO YUDEN recognizes that enhancing returns to shareholders is one of management's most important tasks, and, with a basic commitment to stable increases in dividends, the Company's total return ratio target has been set at 30%, including acquisition of treasury stock.
In accordance with this policy, TAIYO YUDEN has taken all circumstances into consideration, including the results forecasts for the fiscal year ending March 31, 2021, and will revise the year-end dividend forecast as below.
This matter is planned for submission to the Company's 80th Ordinary General Meeting of Shareholders scheduled to be held in June 2021.
2.
Details of dividend
(Yen)
Full-Year Dividend Payment
2Q
4Q
Total
Previous Forecast
15.00
30.00
(as of May 12, 2020)
Revised Forecast
25.00
40.00
(as of February 8, 2021)
Actual Result
15.00
(Reference)
11.00
15.00
26.00
FY ended March 31, 2020
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Taiyo Yuden Co. Ltd. published this content on 08 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 February 2021 07:24:05 UTC.
Taiyo Yuden Co., Ltd. specializes in the design, manufacturing and marketing of electronic components. Net sales break down by family of products as follows:
- ceramic capacitor (64.9%);
- modules (15.6%);
- ferrites for inductors (13.8%);
- other (5.7%): primarily ceramic microchips.
Net sales break down by market between communication equipment (32%; mobile phones, etc.), IT infrastructure and industrial equipment (24%), automotive (19%), IT equipment (15%; computers and peripherals) and consumer electronics (10%; TV-sets, digital cameras, game consoles, etc.).
Net sales are distributed geographically as follows: Japan (9.7%), China (35.8%), Hong Kong (16%) and other (35.8%).
TAIYO YUDEN CO., LTD. 
