Notice Regarding Issuance of Interim Dividends of Surplus and Full-Year Dividend Forecast

Tokyo, Japan—Tosoh Corporation’s Board of Directors (BOD) decided in a meeting held October 30, 2015, that interim dividends of surplus will be issued to September 30, 2015, shareholders of record. The BOD also decided to revise Tosoh’s fiscal 2016 year-end dividend forecast.

The details of both decisions are as follows:

Details of interim dividends of surplus

 

Decided

Previous forecast (5.11.2015)

FY 2015 actual
(year ended 3.31.2015)

Record date

September 30, 2015

September 30, 2015

September 30, 2014

Dividend per share (¥)

7.00

5.00

5.00

Total amount of dividends (¥)

4,543 million

1,799 million

Effective date

December 2, 2015

June 6, 2014

Funding source

Retained earnings

Retained earnings

 

 Details of fiscal 2016’s year-end dividend forecast revision

 

Dividend (¥)

Interim

Year-end

Full year

Previous forecast
(5.11.2015)

5.00

5.00

10.00

Revised forecast

 

7.00

14.00

Fiscal 2016 actual

7.00

 

 

Fiscal 2015 actual

5.00

5.00

10.00

Purpose

Shareholder returns through sustained and stable dividends are one of Tosoh Corporation’s most important and basic capital policies. After taking into account the company’s business trends, dividend payout ratio, and other factors, the previously forecasted fiscal 2016 full-year dividend of ¥10 per share is being raised to ¥14 per share (inclusive of an interim dividend of ¥7 per share).


TOSOH CORPORATION

WHO WE ARE

Tosoh Corporation is the parent of the Tosoh Group, which comprises over 100 companies worldwide and a multiethnic workforce of over 11,000 people and generated net sales of ¥809.7 billion (US$6.7 billion at the year-end rate of ¥120.17 to the US dollar) in fiscal 2015, ended March 31, 2015.

WHAT WE DO

Tosoh is one of the largest chlor-alkali manufacturers in Asia. The company supplies the plastic resins and an array of the basic chemicals that support modern life. Tosoh’s petrochemical operations supply ethylene, polyethylene, and functional polymers, while its advanced materials business serves the global semiconductor, display, and solar industries. Tosoh has also pioneered sophisticated bioscience systems that are used for the monitoring of life-threatening diseases. In addition, Tosoh demonstrates its commitment to a sustainable future in part by manufacturing a variety of eco-products.

Stock Exchange Ticker Symbol: 4042

DISCLAIMER

This document may contain forward-looking statements, including, without limitation, statements concerning product development, objectives, goals, and commercial introductions, which involve certain risks and uncertainties. Forward-looking statements are identified through the use of the word anticipates and other words of similar meaning. Actual results may differ significantly from the results expressed in forward-looking statements.

 

For more information, please contact

 

Gina Lau
International Public Relations
Tosoh Corporation

[email protected]
Tel: +81 3 5427 5118
Fax: +81 3 5427 5198