Return to shareholders and Dividends

Dividend Policy

The Company considers the payment of dividends as an important obligation to its shareholders.  The Company’s basic policy is to decide on dividends after considering the profit level for the term and the need for internal reserve to be used in future business expansions.

The internal reserve will be used for capital investment in businesses in the “growth-accelerating” category to ensure sustainable growth of profit.  The internal reserve will also be used for R&D and for measures to improve financial strength.

Trends of Dividends

(Unit; yen)

 2007200820092010201120122013201420152016*
Q2 dividends per share
End of term dividends
per share
3.0 4.0 5.0 5.0 3.0 3.0 3.0 3.0 3.0 30.0
(plan)
Annual dividends per share 3.0 4.0 5.0 5.0 3.0 3.0 3.0 3.0 3.0 30.0
(plan)

*SDK consolidated every ten shares of its common stock into one share on July 1, 2016. 2016 number was culculated on the basis of the number of outstanding shares after this consolidation.

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