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Dividends and Return to Shareholders
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Basic policy for decision of return to shareholders
Dividends
ROHM will target a consolidated payout ratio of 30 percent, and ensuring stable and continuous payment of dividends.
Surplus funds
Regarding the surplus funds reserved from the past, ROHM allocates it for M&A and capital expenditures, research and development continuously in order to expand the corporate value with the realization of the medium-and-long term growth.
Purchase of treasury stock
In accordance with Article 165, paragraph 2 of the Corporation Act, ROHM sets in an Articles of Incorporation that ROHM can purchase treasury stocks through market transactions, etc. by a resolution of the Board of Directors' meeting to accomplish flexible capital policy corresponding to changes of business environment.
Dividends
Fiscal Year-end Dividend
Upon a resolution at the Annual General Meeting of Shareholders, fiscal year-end dividend may be paid to the shareholders registered in the shareholders' record as of March 31. Payment is scheduled on the next business day of the Annual General Meeting of Shareholders.
Interim Dividend
Upon a resolution at the Board of Directors, interim dividend may be paid to the shareholders registered in the shareholders' record as of September 30. Payment is scheduled in the beginning of December.
Dividends per Share and Payout Ratio
Hospitality programs for shareholders
Hospitality programs for shareholders
ROHM does not carry it out at present.