Tokyo Gas: Surplus Allocation Notice
April 27, 2022
Company:
Tokyo Gas Co., Ltd.
Uchida Takashi,
Representing:
Representative Business Executive, President and Chief Executive Officer
(Security code: 9531, TSE Prime Market and NSE Prime Market)
NAGATOMO Osamu
Contact:
Director General, Legal Section, General Administration Department
Press release
Notice Regarding Allocation of Surplus
Tokyo Gas Co., Ltd., hereby gives notice that at a meeting held on April 27, 2022, the Board of Directors decided to allocate the excess funds, as specified below, in the form of dividends with a record date March 31, 2022.
1. Details of the proposed dividend
Proposed dividend |
Prior projection for fiscal year 2021 ending March 2022 (announced January 28, 2022) |
Actual dividend payments for the 2020 fiscal year ended March 2021 |
|
Registration Date |
March 31, 2022 |
March 31, 2022 |
March 31, 2021 |
Divide by share |
35 yen |
35 yen |
30 yen |
Total dividend |
15,392 million yen |
- |
13,229 million yen |
Effective date |
June 6, 2022 |
- |
June 30, 2021 |
Source of funds |
Retained earnings |
- |
Retained earnings |
2. Reasons
Following the amendment of the articles of association on June 29, 2021, it became possible for the Company to determine the dividends based on the decision of its board of directors. In order return profits to the shareholders of the Company as soon as possible, it was decided at the meeting of the board of directors to pay the dividends earlier than before and to increase the dividend payment from 5 yen to 35 yen per share.
Tokyo Gas intends to continue to make dividend decisions at its board meeting and pay stable dividends to our shareholders as soon as possible in the future.
Annual dividend payments
Dividend per share (yen) |
|||
Registration Date |
End of 1st half |
End of the fiscal year |
Full year |
Financial year 2021 (actual) |
30.00 yen |
35.00 yen |
65.00 yen |
Financial year 2020 ended in March 2021 (real) |
30.00 yen |
30.00 yen |
60.00 yen |
Warning
Tokyo Gas Co.Ltd. published this content on April 27, 2022 and is solely responsible for the information contained therein. Distributed by Audienceunedited and unmodified, on April 27, 2022 05:04:17 UTC.
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