May. 09, 2012
Notice Concerning Distribution of Dividends from Surplus
At a meeting held on May 9, 2012, the Board of Directors of Toyota Motor Corporation ("TMC") resolved to propose an agenda asking for authorization to distribute dividends from surplus, with record date dated March 31, 2012, at the 108th Ordinary General Shareholders' Meeting to be held on June 15, 2012. In relation to the above, we hereby inform you of the following:
1. Details of dividends
Amount to be proposed as Year-end dividend for FY 2012 |
Most recent dividend forecast |
Year-end dividend paid for FY 2011 |
|
Record Date | March 31, 2012 | March 31, 2012 | March 31, 2011 |
Dividend per share |
30.00 yen | Not reported | 30.00 yen |
Total amount of dividends |
95,004 million yen | ― | 94,071 million yen |
Effective date | June 18, 2012 | ― | June 20, 2011 |
Source of dividends |
Retained earnings | ― | Retained earnings |
2. Reason for the dividend amount
TMC deems the benefit of its shareholders as one of its priority management policies and strives to continue to pay stable dividends while giving due consideration to factors such as business results for each term, investment plans and its cash reserves. In order to successfully compete in this highly competitive industry, TMC will focus on the early commercialization of technologies for the next-generation environment and safety, giving priority to customer safety and sense of security. Considering these factors, TMC plans to propose a year-end dividend of 30 yen per share, and an annual dividend of 50 yen per share, combined with the interim dividend of 20 yen per share. |
(Reference)
Details of Dividends through the fiscal year |
Dividend per share (yen) | |||
Record date | End of interim period | End of fiscal period | Total |
Dividends for FY2012 (ended March 31, 2012) |
20.00 | 30.00(plan) | 50.00(plan) |
Dividends for FY2011 (ended March 31, 2011) |
20.00 | 30.00 | 50.00 |