CompanyNEWS DETAIL
- Source : Press Release
- Date : 2022-05-12
- Companies : Terumo Corp.
Terumo Announces Dividends for Fiscal Year Ended March 31, 2022 (Increased Payment)
TOKYO, JAPAN – May 12, 2022 – Terumo Corporation (TSE: 4543) announced today it has approved the dividends for fiscal year ended March 31, 2022 at its Board of Directors meeting held on May 12, 2022.
About Terumo Corporation
Terumo (TSE:4543) is a global leader in medical technology and has been committed to "Contributing to Society through Healthcare" for 100 years. Based in Tokyo and operating globally, Terumo employs more than 25,000 associates worldwide to
provide innovative medical solutions in more than 160 countries and regions. The
company started as a Japanese thermometer manufacturer, and has been supporting healthcare ever since. Now, its extensive business portfolio ranges from vascular intervention and cardio-surgical solutions, blood transfusion and cell therapy
technology, to medical products essential for daily clinical practice such as
transfusion systems, diabetes care, and peritoneal dialysis treatments. Terumo will further strive to be of value to patients, medical professionals, and society at large.
1. Details of Dividends
| Decided dividends | Latest dividends forecast (As of November 4, 2021) | FY2021 dividends (Actual) |
Record date | March 31, 2022 | March 31, 2022 | March 31, 2021 |
Dividends per share | 18.0JPY | 16.0JPY | 15.0JPY |
Total amount of dividends | 13,613 million JPY | - | 11,340 million JPY |
Dividends payment starting date | June 23, 2022 | - | June 23, 2021 |
Source of dividends | Retained earnings | - | Retained earnings |
2. Reason
As a measure to secure high profit margins and sustainable growth, Terumo is committed to adequately and actively reinvesting its profits to enhance its corporate value continuously. As for the distribution of profits to shareholders, Terumo will continually aim to steadily increase its dividend payouts to shareholders and has set a mid to long term dividend payout ratio target of 30%.
Based on the above policy and financial results, the company decided the year-end dividends of 18.0JPY per share and the annual dividends for the year amounts to 34.0JPY per share. The revised dividends for the year-end will be adopted on the condition of approval from shareholders in the general shareholders’ meeting to be held on June 22, 2022.
(Reference) Dividend Breakdown
| Dividends per share | ||
Record date | Interim dividends | Year-end dividends | Annual dividends (Total) |
FY2022 (Ended March 31, 2022) | 16.0JPY | 18.0JPY | 34.0JPY |
FY2021 (Ended March 31, 2021) | 14.0JPY | 15.0JPY | 29.0JPY |
Disclaimer
Among the information that Terumo discloses, the forward-looking statements including financial projections are based upon our assumptions using information
available to us at the time and are not intended to be guarantees of future events or performance. Accordingly, it should be noted that actual results may differ from
those forecasts on projections due to various factors. Factors affecting to actual
results include, but are not limited to, changes in economic conditions surrounding Terumo, fluctuations of foreign exchange rates, and state of competition.