Home> Press Release> Press Release (2005)> Announcement of Revised Forecast for FY2004 Dividends

Announcement of Revised Forecast for FY2004 DividendsPrint Page

March 24, 2005

Announcement of Revised Forecast for FY2004 Dividends

Name of listed company:
ZEON Corporation
(Code: 4205: First Section, Tokyo Stock Exchangeand Osaka Securities Exchange)
URL
http://www.zeon.co.jp/
Representative
President & CEO Naozumi Furukawa
Contact
Managing Director, Finance & Accounting Dept. Yoichi Mishima
Tel: +81-3-3216-1785

ZEON Corporation announced that a resolution was adopted at the Board of Directors meeting on March 24, 2005, to revise the forecast for yearend dividends per share for the fiscal year ending March 31, 2005.
The Company will submit a formal proposal to shareholders at the 80th annual shareholders’ meeting scheduled to be held in June 2005.

1.Reason for the Revised Forecast

The Company’s basic policy when making a dividend is to determine the corporate performance, the business environment for the year under review and the outlook for the performance in the coming year, then to make a stable dividend in a long run.
Based on this policy, the Company has paid an interim dividend of ¥3 per share and was expecting to pay the yearend dividends of ¥3 per share, resulting in the annual dividend of ¥6 per share for the full fiscal year ending March 31, 2005. Having reviewed the business results to date, the Company now revises its forecast for the year-end dividends from ¥3 to ¥4 per share, an increase of ¥1 per share. As the result, the annual dividend is accordingly revised to ¥7 per share.

2.Year-End Dividends for FY2004 (April 1, 2004 to March 31, 2005)

  Interim Dividend
per Share
Year-End Dividend
per Share
Annual Dividend
per Share
Previous Forecast
(November 5, 2004)
¥3 ¥3 ¥6
Revised Forecast
(March 24, 2005)
¥3 ¥4 ¥7
Dividends Paid for the Previous
Fiscal Year
¥3 ¥3 ¥6

mailFor further information
  • Zeon Corporation,
    Department of Corporate Communications
  • Tel: +81-3-3216-2747
Contact Form
Home> Press Release> Press Release (2005)> Announcement of Revised Forecast for FY2004 Dividends
Page top