Notice regarding Distribution of Dividends from Surplus
SMS CO., LTD. (the “Company”) hereby announces that, on May 14, 2018, its Board of Directors has resolved to submit a proposal for the distribution of dividends from surplus with a record date set at March 31, 2018 to the 15th Annual General Meeting of Shareholders scheduled to be held on June 21, 2018.
１．Details of Dividends
(March 14, 2018) |
(year ended March 31, 2017) |
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| Record date | |||
| Dividend per share | |||
| Total amount of dividends | |||
| Effective date | |||
| Source of dividends |
２．Reason
The Company’s basic policy is to place the priority on growth investment, while taking into account the financial condition when determining dividend payouts to its shareholders.
Based on this policy, the Company has decided to return profits to shareholders in the form of dividends for the fiscal year ended March 31, 2018.
Consequently, the Company plans to pay a year-end dividend of 13 yen per share for the fiscal year ended March 31, 2018.