| We will pay total dividends of ¥100 per share for FY2011. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Dividends Policy | ||||||||||||||||||||||||||||||||||||||||||||||||||||
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The OLC Group recognizes that returning profits to its stockholders is an important management policy. Although net income for the fiscal year ended March 31, 2011 decreased as a result of the impact of the Great EastJapan Earthquake, we will set the year-end dividend for the fiscal year at ¥50.00 per share and the total cash dividends for the fiscal year at ¥100.00 per share, the same level as in the previous fiscal year, based on our policy of aiming to pay stable dividends. The consolidated payout ratio will stand at 37.7%. Going forward, we will aim to continue paying stable dividends, while taking external factors into consideration. For the next fiscal year, ending March 31, 2012, we have not presented any specific figures, given the difficulties in creating a rational forecast at this point in time. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Annual Cash Dividends Per Share and Consolidated Payout Ratio | ||||||||||||||||||||||||||||||||||||||||||||||||||||
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