SoftBank Corp. (hereinafter the “Company”) announces that at the meeting of the Board of Directors held on October 23, 2023, its Board of Directors resolved the distribution of dividends from capital surplus with a record date of September 30, 2023 as follows. The amount of dividends per share is in line with the forecast of dividends announced in “Consolidated Financial Report for the Fiscal Year Ended March 31, 2023,” dated May 10, 2023.
1. Details of Dividends
May 10, 2023)
|Interim dividends for the previous fiscal year ended March 31, 2023|
|Record date||September 30, 2023||Same as on the left||September 30, 2022|
|Dividends per share||JPY 43.00||Same as on the left||JPY 43.00|
|Total dividends||JPY 203,478 million||–||JPY 203,244 million|
|Effective date||December 6, 2023||–||December 6, 2022|
|Dividend resource||Retained earnings||–||Retained earnings|
The Company considers the return of profits to shareholders to be an important priority along with the increase in corporate value in the mid- to long-term. Our dividend policy is to pay attention to the stability and sustainability of dividends while considering factors such as performance trends, financial condition, and cash flow position on a comprehensive basis.
The Company resolved to pay dividends of JPY 43 per share at the end of second quarter, as originally planned. Together with the year-end dividends of JPY 43 per share, we plan to pay an annual dividends of JPY 86 per share.
(Reference) Breakdown of annual dividends
|Record Date||Fiscal year ended March 31, 2023||Fiscal year ending March 31, 2024|
|Dividends per share (JPY)||43.00|