Notice: This document is a translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.
May 25, 2021
To Whom It May Concern:
Company: Topcon Corporation
Representative: President, Satoshi Hirano
(Code No.: 7732
1st section of the Tokyo Stock Exchange) Inquiry: Director & Managing Executive Officer, Haruhiko Akiyama
Accounting & Finance Division (TEL: 03-3558-2536)
Notice regarding dividend of surplus
TOPCON CORPORATION (hereafter "the Company") hereby announces that the Company has decided the Company's year-end dividend for FY2020 ended March 31, 2021 at the meeting of its board of directors held on May 25,2021 as described below.
1. Details of dividend
Dividend for the year
Previous forecast
Previous fiscal year
(Announced on
ended March 31, 2021
results
May 11, 2021)
Date of record
March 31, 2021
Same as on the left
March 31, 2020
Dividend per share
10 yen
Same as on the left
10 yen
Total dividend amount
1,051 million yen
-
1,051 million yen
Effective date
June 8, 2021
-
June 24, 2020
Source of dividend
Retained earnings
-
Retained earnings
2. Reason
The Company emphasizes dividends for shareholder returns, and outlines continued distribution of stable dividends as our basic policy mainly corresponding to growth in [consolidated] earnings.
For FY2020, the Company announced the dividend forecast of 5 yen per share as year-end dividend in the "Consolidated Financial Results for the Third Quarter of FY2020 Ending March 2021" on January 29, 2021, however, as the Company announced in "Notice regarding differences between consolidated financial forecast and result, and revision of dividend forecast" on May 11, 2021, the Company achieved higher earnings than the previously announced forecast. In light of the basic policy regarding the distribution of profits to shareholders, the Company determined a year-end dividend of 10 yen per share.
(Reference) Breakdown of full fiscal year dividend
Dividend per share
Interim dividend
Year-end dividend
Total
FY2020 ended March 2021
0 yen
10 yen
10 yen
FY2019 ended March 2020
14 yen
10 yen
24 yen
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Topcon Corporation published this content on 25 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 May 2021 06:02:03 UTC.
Topcon Corp is mainly engaged in the manufacture and sale of smart infrastructure products, positioning products and eye care products. The Company operates in four business segments. The Smart Infrastructure segment provides total stations, Layout navigators, three-dimensional (3D) mobile measurement systems, three-dimensional (3D) laser scanners, data collectors, theodolites, rotating lasers and pipe lasers, among others. The Positioning Company segment provides global positioning systems (GPSs) for location survey, civil engineering machine control systems, asset management systems and machine control systems for precision agriculture, among others. The Eye Care segment provides fundus cameras, slit lamps, laser photocoagulators, non-contact type Tono meters, lens edgers, vision inspection equipment and others. The Others segment engages in precision measurement business and optical device business.