Business News

Ricoh: Notice regarding interim dividend and revision of expected year end dividend

Friday 02. November 2012 - Ricoh Company, Ltd.(President & CEO: Shiro Kondo) hereby notifies you of resolution to pay a dividend(interim dividend) with reference date by September 30, 2012 on the Board of Directors held today and of revision of expected year end dividend as outlined below.

1. Interim dividend details
(1) The amount determined
Reference date? September 30, 2012
Dividends per share??JPY 12.50
Total amount of dividends??JPY 9.063billion
Effective date??December 3, 2012
Dividend resource??Retained earnings
(2) Interim dividend for the previous corresponding period
Reference date? September 30, 2011
Dividends per share??JPY 16.50
Total amount of dividends??JPY 11.970 billion
Effective date??December 1, 2011
Dividend resource??Retained earnings
2. Revision of expected year end dividends
Dividends per share (yen)
Interim Year-End Full Year
Previous forecast – 12.50 25.00
New forecast – 16.50 29.00
Year ending March 31, 2013 12.50 – –
(Reference)
Year ending March 31, 2012 16.50 8.50 25.00
3. Reason
We will continue adhering to our policy of issuing stable dividend payments, upon returning profits to shareholders while considering the dividend payout ratio.
Based on the consolidated results for the six months ended September 30, 2012, we have decided JPY12.50 as an interim dividend for the fiscal year ending as initially forecasted.
The company is currently performing group-wide activities to streamline costs, and through these activities, the cost reduction is expected to be greater than the initial target set forth by the company. For this reason, along with the assumption that we will meet our business target at the end of the fiscal year, we have increased the expected year end dividends per share by JPY4.00 compared with the previous forecast to JPY16.50 per share.