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Nintendo Q2 FY3/2018: Notice of Dividend Forecast Modifications

NintendObserverEven more money for investors. No wonder they stopped talking in trash in the Q&As.

 

Nintendo Q2 FY3/2018

 

 

Dividend per share, Year-end

Previous forecast announced on April 27, 2017: Undetermined

Modified forecast: 250 yen

 

Dividend per share, Annual

Previous forecast announced on April 27, 2017: 190 yen

Modified forecast: 360 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 profit 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 a result, the dividend per share is 110 yen.

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 profit of the fiscal year by the total number of outstanding shares, excluding treasury shares, 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, 2018 are in line with our modified financial forecasts announced today, on October 30, 2017, the dividend per share for annual and the year-end dividend of the fiscal year ending March 31, 2018 are expected to be 360 yen and 250 yen correspondingly.

 

Source: Nintendo JP.

 

 

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