Press Releases 2023
SoftBank Corp. (hereinafter, the “Company”) announces that the Board of Directors, as of May 24, 2023, pursuant to Article 370 of the Companies Act of Japan and Article 23 of the Articles of Incorporation, resolved the distribution of dividend from surplus with a record date of March 31, 2023 as follows.
1. Details of Dividend
(announced on May 11, 2022)
|Total amount of dividends for the fiscal year ended March 31, 2022|
|Record date||March 31, 2023||Same as on the left||March 31, 2022|
|Dividend per share||JPY 43.00||Same as on the left||JPY 43.00|
|Total dividend||JPY 203,457 million||-||JPY 202,414 million|
|Effective date||June 6, 2023||-||June 9, 2022|
|Dividend resource||Retained earnings||-||Retained earnings|
The Company considers the return of profits to shareholders to be an important goal for our management along with increasing medium- to long-term corporate value. During the period from the fiscal year ended March 31, 2021 through the fiscal year ended March 31, 2023, the Company's basic policy is to provide shareholder returns with a ratio of total shareholder return to net income attributable to owners of the Company of approximately 85%*.
The Company resolved to pay dividend of JPY 43.00 per share as the year-end dividend for the fiscal year ended March 31, 2023, as originally planned. For the fiscal year ending March 31, 2024, the annual dividend per share is also planned to be JPY 86.00 (of which, the interim dividend per share is planned to be JPY 43.00).
- *Total amount of dividends paid and treasury stock retired during the three years from the fiscal year ended March 31, 2021 through the fiscal year ended March 31, 2023 / total amount of net income attributable to owners of the Company during the same three years
(Reference) Breakdown of annual dividend
|Record Date||Fiscal year ended March 31, 2022||Fiscal year ended March 31, 2023|
|Dividend per share
- SoftBank, the SoftBank name and logo are registered trademarks or trademarks of SoftBank Group Corp. in Japan and other countries.
- Other company, product and service names in this press release are registered trademarks or trademarks of the respective companies.