Returning Value to Shareholders
Our basic policy is to pay stable dividends to shareholders in light of expected performance and funding needs for medium-to-long-term strategic investment. Accordingly, Chugai targets an average consolidated payout ratio of over 40%. To further enhance corporate value, internal reserves are flexibly utilized to, among other things, fund capital investment and R&D activities, both in Japan and around the world. Reserves may also be used to provide shareholder value through the repurchase of shares.
Dividend History
| Year | Dividend (Yen per share) | Payment Date (Y/M/D) | |||
|---|---|---|---|---|---|
| Interim | Year-End | Annual | Interim | Year-End | |
| 2012 | 20.00 (Forecast) |
20.00 (Forecast) |
40.00 (Forecast) |
- | - |
| 2011 | 20.00 | 20.00 | 40.00 | 2011/09/01 | 2012/03/29 |
| 2010 | 17.00 | 23.00 | 40.00 | 2010/09/01 | 2011/03/25 |
| 2009 | 17.00 |
|
|
2009/09/08 | 2010/03/26 |
| 2008 | 15.00 | 19.00 | 34.00 | 2008/09/09 | 2009/03/26 |
| 2007 | 15.00 | 15.00 | 30.00 | 2007/09/07 | 2008/03/28 |
Shareholders of record on June 30 and December 31 are entitled to interim and year-end dividend payments, respectively.
Share Repurchase Programs
| Acquisition Period | Shares Acquired | Total Acquisition Cost (Yen) |
Average Acquisition Price (Yen per share) |
|
|---|---|---|---|---|
| 2007 | Feb. 8 - Mar. 20 | 9,500,000 | 27,583,568,000 | 2,904 |
| 2004 | Oct. 22 - Nov. 16 | 1,000,000 | 1,642,702,200 | 1,643 |
| 2003 | Aug. 28 - Sep. 5 | 800,000 | 1,024,559,600 | 1,281 |
| July 28 | 2,000,000 | 2,780,000,000 | 1,390 | |
| June 26 | 1,500,000 | 2,044,500,000 | 1,363 | |
Total number of shares repurchased : 14,800,000
Shareholder Perks
Currently the Company does not maintain a program of special perks or gifts for shareholders.
