Fundamental Policy for Distribution of Earnings
TDK recognizes that achieving increase in corporate value over the medium- and long-term ultimately translates into higher shareholder value. In line with this understanding, TDK’s fundamental policy is to work to consistently increase dividends through growth in earnings per share. By actively investing for growth, mainly in the development of new products and technologies in key fields so as to respond precisely to rapid technological innovation in the electronics industry, TDK is aiming to increase a medium- and long-term corporate value. Accordingly, TDK actively reinvests its earning in business activities and determines its dividends taking into consideration comprehensive factors, including return on equity (ROE) and dividends on equity (DOE) on a consolidated basis, as well as changes in the business environment, among other factors.
TDK will split one share of its common stock into three shares with the effective date of October 1, 2021.
TDK plans to pay an interim dividend of 95 yen per common share and a year-end dividend of 96 yen per common share (conversion before the stock split) respectively in Fiscal 2022.
Dividends per common share
|Term||FY March 2018||FY March 2019||FY March 2020||FY March 2021||FY March 2022|
|Dividends per common share||Yen 130||Yen 160||Yen 180||Yen 180||Yen 191 (Forecast)*|
|Interim dividends||Yen 60||Yen 80||Yen 90||Yen 90||Yen 95 (Forecast)|
|Year-end dividends||Yen 70||Yen 80||Yen 90||Yen 90||Yen 96 (Forecast)*|
*Conversion before the stock split
No Special Benefits for Shareholders
We do not have a system of special benefits for shareholders.
Our basic policy is to return profits through dividends.