Distribution of Profits
Policy for Earnings Distributions
Returning earnings to shareholders is one of the highest priorities of Kagome. For 2019, Kagome plans to pay a year-end dividend of 40 yen per share, the sum of an ordinary dividend of 30 yen and a 120th anniversary commemorative dividend of 10 yen. Kagome plans to pay a dividend of 35 yen per share for 2020.
Retained earnings are used for investments and other activities for increasing corporate value with the aim of producing returns for shareholders through the growth of business operations in the future.
Dividend per share
2016/12
2017/12
2018/12
2019/12
2020/12
Interim
-
-
-
-
-
Year end
24.50
30.00
40.00
35.00
36.00
（Forecasts）
Full year
24.50
30.00
40.00
35.00
36.00
（Forecasts）
The 2018 year-end dividend is the sum of an ordinary dividend of 30 yen and a commemorative dividend of 10 yen.
Payout ratio
2016/12
2017/12
2018/12
2019/12
2020/12
Payout ratio
35.9
26.3
30.8
30.5
36.8
（Forecasts）
Shareholder Benefits
Starting in 2019, qualified shareholders who have owned Kagome shares continuously for at least six months receive a collection of Kagome products once every year.
Click here for more information about shareholder benefits.
Purchases of treasury shares in 2019
(1) Purchases authorized by shareholder resolutions
None
(２) Purchases authorized by Board of Directors resolutions
None
(３) Purchases for other reasons
Number of shares
Value (million yen)
1,157
3
(４) Use of treasury shares and ownership of treasury shares
Number of shares
Value (million yen)
Stock sold/distributed to
third parties
-
-
Stock canceled
5,250,000
12,839
Stock involving mergers,
exchanges of shares and divestitures
-
-
Others
(exercise of stock options)
600
1
Treasury shares held
5,409,326
-
