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Quick facts 2015-2016
Share listings:
Tokyo and Osaka Stock Exchange
Stock Code
3101
Number of shares at year end:
890,487,922
High price (Tokyo):
JPY 216
Low price (Tokyo):
JPY 140
Last price at year-end (Tokyo):
JPY 170
Dividend per share:
JPY 3.50
Share capital
Authorized: 2,000,000,000 shares
Issued: 890,487,922 shares
Paid-in Capital: ¥51,730 million
Dividends Policy
Toyobo considers providing returns to shareholders to be one of its highest priorities. Our basic policy is to continually provide a stable dividend, in a comprehensive consideration of such factors as profits levels, retention of earnings for future investment, and improving the financial position to provide shareholders returns, including the acquisition of treasury shares, with a target total return ratio* of 30%.
* Total return ratio = (total dividend + total amount of share buybacks) ÷ profit attributable to owners of parent
Dividends
Based on this policy, we paid a year-end dividend of ¥3.50 per share for fiscal 2016.