Nintendo expects to provide more dividends to investors than originally announced in the previous forecast.
☆ NintendObs Event – Nintendo Q3 FY3/2017.
Dividend per share, Year-end
Previous forecast announced on October 26, 2016: 210 yen
Modified forecast: 380 yen
Dividend per share, Annual
Previous forecast announced on October 26, 2016: 210 yen
Modified forecast: 380 yen
Reasons for modifications
Based on the dividend policy set forth by the Company, the annual dividend per share is established at the higher of the amount calculated by dividing 33% of consolidated operating income 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, and 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, the dividend per share for the year-end and annual dividend for the fiscal year ending March 31, 2017 are expected to be 380 yen.
Source: Nintendo JP.
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