Investors didn’t get dividends this time around, but are expected to get more than originally planned at the end of the fiscal year.
☆ NintendObs Event – Nintendo Q2 FY3/2017.
Description of dividend
Dividend decided
Record date: September 30, 2016
Year-end dividend per share: 0 yen
Most recent dividend forecast (Announced on April 27, 2016)
Record date: September 30, 2016
Year-end dividend per share: Undetermined
Dividend forecast modifications for the fiscal year ending March 31, 2017 (April 1, 2016 – March 31, 2017)
Dividend per share, End of 2nd quarter
Previous forecast announced on April 27, 2016: Undetermined
Year ending Mar. 31, 2017: 0 yen
Dividend per share, Year-end
Previous forecast announced on April 27, 2016: Undetermined
Modified forecast: 210 yen
Dividend per share, Annual
Previous forecast announced on April 27, 2016: 150 yen
Modified forecast: 210 yen
Reasons for modifications
The interim (at the end of 2nd quarter) dividend per share, in accordance with the current policy, is calculated by dividing 33% of consolidated operating income of the six-month period by the total number of outstanding shares, excluding treasury shares, as of the end of the six-month period rounded up to the 10 yen digit. As the Company recorded an operating loss for the six-month period ended September 30, 2016, the interim dividends have been passed.
The annual dividend per share, in accordance with the current policy, is established at the higher of the amount calculated by dividing 33% of consolidated operating income of the fiscal year by the total number of outstanding shares, excluding treasury stock, as of the end of the fiscal year rounded up to the 10 yen digit, or the amount calculated based on the 50% consolidated payout ratio rounded up to the 10 yen digit.
If the actual consolidated financial results for the fiscal year ending March 31, 2017 are in line with our modified financial forecasts announced today, on October 26, 2016, the dividend per share for annual and the year-end dividend of the fiscal year ending March 31, 2017 is expected to be 210 yen.
— Nintendo Investor Relations
Source: Nintendo JP.
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