- News Releases
- SKY Perfect JSAT HD
- Management
- Notice of Dividend (Increase) of Surplus and Dividend Forecast for the Fiscal Year Ending March 31, 2025
News Releases
Notice of Dividend (Increase) of Surplus and Dividend Forecast for the Fiscal Year Ending March 31, 2025
Apr 26, 2024
SKY Perfect JSAT Holdings Inc. (Head Office: Minato-ku, Tokyo; Representative Director, President: Eiichi Yonekura) decided that it would pay dividends from retained earnings with a record date of March 31, 2024 at a meeting of the Board of Directors held on April 26, 2024 and announced as described below.
We also announced the dividend forecast for the fiscal year ending March 31, 2025.
- Details of dividends for the fiscal year ended March 31, 2024
|
Determined amount |
Most recent dividend forecast (Announced on April 28, 2023) |
Results for the previous fiscal year (Year ended March 31, 2023) |
Record Date |
March 31, 2024 |
Same as left |
March 31, 2023 |
Dividends per share |
JPY11 |
JPY10 |
JPY11 |
Total dividend amount |
JPY 3,115 Million |
― |
JPY3,195 Million |
Effective date |
June 24, 2024 |
― |
June 26, 2023 |
Dividend Resources |
Retained earnings |
― |
Retained earnings |
2. Reason
In the full-year ended March 31, 2024, we achieved the highest results since the listing for operating income, ordinary income, and profit attributable of owners of the parent, due to the steady growth of both domestic and global businesses in the Space business. Based on a comprehensive consideration of the current fiscal year’s results and financial status, and the 5-year shareholder return policy (disclosed on April 28, 2022) from the fiscal year ended in March 2023, we decided to increase the dividend for term-end of Fiscal Year 2024 to JPY11, which is a 1-yen increase from the most recent forecast for dividends. As a result, the annual dividend for the fiscal year under review, which is the sum of the 2nd quarter-end dividend of JPY10 per share, will be JPY21, an increase of JPY1 per share from the results of the previous fiscal year.
3. Dividend forecasts for the fiscal year ending March 31, 2025
We expect revenue and profits to increase in the fiscal year ending March 31, 2025, and we plan to increase the dividend per share by ¥1 in accordance with the shareholder return policy described above, while investing in growth. The annual dividend for the fiscal year ending March 31, 2025 will be JPY22.
|
Dividends per share |
||
Record Date |
End of second quarter |
Term End |
Total |
Fiscal Year ending March 31, 2025 (Forecast) |
JPY11 |
JPY11 |
JPY22 |
Fiscal Year ended March 31, 2024 (Results) |
JPY10 |
JPY11 |
JPY21 |
Fiscal Year ended March 31, 2023 (Results) |
JPY9 |
JPY11 |
JPY20 |