| HOYA CORPORATION (“The Company”) announces that the Board of Directors, at its meeting held today, resolved to pay the interim dividend to the shareholders registered as of September 30, 2024, as described below. |
| Since the Company has not previously announced a dividend forecast with a record date of September 30, 2024, this is the first time the Company has done so. |
| 1. Contents of the dividend |
| |
Resolved amount |
Latest forecast |
The previous fiscal year ended on March 31, 2024 |
| Recorded date |
September 30, 2024 |
Some of the left |
September 30, 2023 |
| Dividend per share |
45.00 yen |
— |
45.00 yen |
| Total dividends |
15,657 million yen |
— |
15,797 million yen |
| Date of payment |
November 29, 2024 |
— |
November 30, 2023 |
| Dividend source |
Retained earnings |
— |
Retained earnings |
|
| 2. Reason for the dividend amount |
| The Company aims to maximize the HOYA Group’s corporate value by developing businesses globally and changing the business portfolio to conform to the changing times and environments. Concerning capital policy, the Company’s basic policy is to adopt decisions that strike the optimum balance between ensuring internal reserves for the future growth of the HOYA Group and returning profits to shareholders, while pursuing the optimum capital structure for the Company that includes financial soundness and capital efficiency. |
| Concerning internal reserves for future growth, resources will be preferentially appropriated to invest in the growing businesses for market share expansion, entry into untapped markets, and nurturing and obtaining new technologies. In addition to the growth of existing businesses, the Company will also proactively pursue possibilities including mergers and acquisitions to further enrich our business portfolio. |
| With respect to returning profit to shareholders, the Company’s policy is to proactively return a profit to shareholders through using surplus funds for dividends and share repurchases while giving comprehensive consideration to the operating performance of the current term, level of internal reserves, and the medium to long term capital demands and capital structure, among other factors. |
| By the above policy, the company has decided to pay an interim dividend of 45 yen for the fiscal year ending March 31, 2025. |
| The dividend forecast for the year ending March 31, 2025, has not been determined because, after the determination of earnings, we will consider the balance with future capital expenditures, research and development, corporate acquisitions, and other capital needs, and take into consideration such factors as stock price trends and the economic environment at the time. |
| (Reference) Details of annual dividends |
| |
Dividends per share (Yen) |
| Recorded date |
Interim |
Year-end |
Total |
| Year ending March 31, 2025 (Forecast) |
— |
— |
— |
| Year ending March 31, 2025 |
45.00 |
— |
— |
| Year ended March 31, 2024 |
45.00 |
65.00 |
110.00 |
|
| For the full document click the link below: |
| Hoya Corporation |
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