Notice Concerning Distribution of Dividend from Surplus for FY2019

Apr. 26, 2019

IR

※Aisin Seiki hereby announces that it has made correction on May 7, 2019 to "Notice Concerning Distribution of Dividends from Surplus for FY2019", announced on April 26, 2019. Please see here.

At the meeting held on April 26, 2019 the Board of Director of AISIN (the "company") approved to propose distribution of dividends from surplus with record date as of March 31, 2019 as follows:

Additionally, this matter is scheduled to be discussed at the 96th Annual Meeting of Shareholders held on June 18, 2019.

1. Details of Dividends

Details of resolution
Latest dividend forecast
(Announced on
February 1, 2019)
Dividend paid for the previous fiscal year
(March 31, 2018)
Record Date
March 31, 2019
March 31, 2019
March 31, 2018
Dividend per Share
90 yen
90 yen
90 yen
Total Amount of Dividends
24,353million yen
24,254million yen
Effective Date
June 19, 2019
June 20, 2018
Source of Dividends
Retained earnings
Retained earnings

 


2. Reason for Determination of Dividend Amount
In consideration with respect to the company's financial results, payout ratio and other factors, we decided the dividend will be 90 yen per share.


(Reference) Detail of Dividend through the Fiscal Year

Devidend per Share
Record Date
Interim Dividend
Year-end dividend
Annual Dividend
Dividends for FY 2019
(ended March 31, 2019)
60yen
90yen
150yen
Dividends for FY 2018
(ended March 31, 2018)
60yen
90yen
150yen


*Note: An interim dividend payment (60 yen) has been paid.