November 8, 2021

To whom it may concern

Company: Teijin Limited

Representative: Jun Suzuki, President and CEO Stock code: 3401 (First Section, Tokyo Stock Exchange)

Contact: Tomoko Torii, General Manager, Investor Relations Department TEL: +81-3-3506-4395

Notice Regarding Dividends from Surplus (Interim Dividends)

Teijin Limited (the Company) hereby announces that its Board of Directors today resolved to pay dividends from surplus (interim dividends) with a record date of September 30, 2021 as detailed below.

1. Details of Dividend (Interim Dividend)

Approved amount

Latest dividend

Actual previous

forecast

interim dividend

Record date

September 30, 2021

As left

September 30, 2020

Dividend per share

¥27.50

As left

¥25.00

Total amount of

¥5,283 million

―

¥4,799 million

dividend

Effective date

December 1, 2021

―

December 1, 2020

Source of dividends

Retained earnings

―

Retained earnings

2．Reasons

The Company aims to raise the dividend in line with its profit growth based on the principle of dividend payment in proportion to operating results, and has set a medium- term payout rate target of 30% of the profit attributable to owners of parent. Additionally, the Company has adopted the basic dividend policy of giving due consideration to the need for stable and sustained dividend payment while ensuring financial soundness as well.

In accordance with this policy, the Company has determined to pay an interim dividend of 27.5 yen per share for the fiscal year ending March 31, 2022, taking into

comprehensive consideration factors such as the profit level, financial status, and upfront investment plans for its future growth.

- End -

Attachments

  • Original document
  • Permalink

Disclaimer

Teijin Limited published this content on 08 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 November 2021 02:47:12 UTC.