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May 17, 2017
Okasan Securities Group Inc. announces that a meeting of its Board of Directors held on May 17, 2017 has adopted a resolution concerning the dividends for FY ended March 2017.
1.Details of dividends
| Year-End Dividends for FY Ended March 2017 (Proposal) |
Recent forecast (As of March 21, 2017) |
Year-end dividends for FY ended March 2016 (results for the previous year) |
|
|---|---|---|---|
| Base date | March 31, 2017 | March 31, 2017 | March 31, 2016 |
| Year-end dividends per share | 25 yen | 25 yen | 25 yen |
| Total dividends | 4,994 million yen | - | 4,994 million yen |
| Effective date | June 8, 2017 | - | June 8, 2016 |
| Source of dividends | Retained earnings | - | Retained earnings |
2.Reason for the dividend amount
Okasan Securities Group Inc. recognizes that returning profits to shareholders is an important responsibility of management. The Company distributes profits in light of performance, based on a fundamental policy of maintaining stable dividends.
Based on this policy, Okasan Securities Group Inc. set year-end dividends for the fiscal year ended March 2017 at 25 yen per share. The Company didnot implement an interim dividend in the fiscal year.
（Reference）Detail of dividends through the fiscal year
| Dividends per share | |||
|---|---|---|---|
| Base date | Interim dividend | Year-end dividend | Annual dividend |
| Dividends for FY Ended March 2017 | - | 25 yen | 25 yen |
| Dividends for FY Ended March 2016 | - | 25 yen | 25 yen |