Announcement of Dividend of Surplus
April 28, 2025
TDK Corporation (“the Company”), at the Board of Directors’ Meeting held today, adopted a resolution on the submission of the proposal for the dividend of surplus with the record date of March 31, 2025 to the Ordinary Shareholders’ Meeting of the Company to be held on June 20, 2025.
- Details of dividends
Determined amount Last dividend Forecast
(announced on January 31, 2025)Previous period result Record date March 31, 2025 As to the left March 31, 2024 Dividend per share 16.00 yen 14.00 yen 11.60 yen Total dividend amount 30,362 million yen - 22,005 million yen Effective date June 23, 2025 - June 24, 2024 Source of dividend Retained earnings - Retained earnings (Note)
The Company split its common stock into 5 shares with the effective date of October 1, 2024. Previous period results are calculated assuming that the stock split was carried out at the beginning of the fiscal year March 2024. - Reason
The Company recognizes that achieving increase in corporate value over the medium- and long-term ultimately translates into higher shareholder value. In line with this understanding, The Company’s fundamental policy is to work to consistently increase dividends through growth in earnings per share. In addition, since the start of Medium-term Plan from Fiscal 2025, The Company has adopted a shareholder return policy that aims for a dividend payout ratio of 35%. Under these policies, and in light of the Company’s business performance of the fiscal year ended March 31, 2025, the Company proposes a year-end dividend of 16 yen, an increase of 2 yen from the previously announced dividend forecast. As a result, the annual dividend per share will be 30 yen including the interim (end of second quarter) dividend of 14 yen (the consolidated dividend payout ratio will be 34.1%).
(Reference) Breakdown of annual dividends
Dividend per share Interim Year-end Total Results for FY March 2025 14.00 yen 16.00 yen 30.00 yen Results for FY March 2024 11.60 yen 11.60 yen 23.20 yen (Note)
The Company split its common stock into 5 shares with the effective date of October 1, 2024. Above dividends per share are calculated assuming that the stock split was carried out at the beginning of the fiscal year March 2024.
Contacts for media
Region | Contact | Phone | ||
---|---|---|---|---|
Japan | Mr. Atsuo OMAGARI | TDK Corporation Tokyo, Japan |
+81 3 6778-1068 | TJP.ir@tdk.com |