This is to inform you that ZEON Corporation today filed a report with the Tokyo Stock Exchange regarding a revised forecast for dividends for the fiscal year ending March 31, 2005, as follows:
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)
- President & CEO Naozumi Furukawa
- Managing Director, Finance & Accounting Dept. Yoichi Mishima
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
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)
(November 5, 2004)
(March 24, 2005)
|Dividends Paid for the Previous