Basic Policy on Profit Sharing and Dividends
Basic policy regarding profit sharing and the dividends for the current and next accounting period
The azbil Group places great importance on the distribution of profits to its shareholders. The management would like to maintain stable dividends while striving to increase its dividends payout, taking into account comprehensively its consolidated performance, levels of ROE (Return On Equity), DOE (Dividends On Equity), as well as retained earnings for strengthening its business base and developing future businesses.
In consideration of the policies outlined above, it is planned to issue an annual dividend for FY2011 of 63 yen per share, as previously announced. For FY2012, an annual dividend of 63 yen per share is projected in order to maintain stable shareholders'return.
As regards the use to which retained earnings will be put, while effectively investing them in strengthening the business base and business expansion - for example, product development based on the state-of-the-art technologies and expertise that are the foundation of the azbil Group, global expansion and the creation of new businesses - as well as in enhancing management, we will also invest in contingency plans to ensure business continuity following natural disasters, etc., thus aiming to realize even greater shareholder value.
(May 8 , 2012)