TOTO LTD 
By
To whom it may concern:
October 31, 2013
Listed Company Name | TOTO LTD. |
Representative | Kunio Harimoto, President Representative Director |
Code No. | 5332 (First Section of Tokyo/Nagoya Stock Exchanges, Fukuoka Stock Exchange) |
Contact Person | Masanori Akasaka, General Manager of Public & Investors Relations Dept. |
(TEL: +81-3-6836-2024) |
Notice of Distribution of Surplus Funds (Increased Dividend)
The Board of Directors meeting of TOTO LTD. held on October 31, 2013 adopted a resolution to distribute surplus funds with the date of record of September 30, 2013, as follows.
Note
1. Dividend
Confirmed dividend | Latest forecasted dividend (announced as of July 31, 2013) | Results for the previous period (Year ending March 2013) | |
Date of record | September 30, 2013 | As on left | September 30, 2012 |
Dividend per share | 10 yen | 8 yen | 6 yen |
Total dividend | 3,393 million yen | - | 2,075 million yen |
Payout date | December 2, 2013 | - | December 3, 2012 |
Dividend source | Surplus funds | - | Surplus funds |
2. Reasons
In the Domestic Housing Equipment Business, the second quarter performance in both the Remodeling and New Housing segments exceeded the forecast. After giving comprehensive consideration to this performance, as well as the Company's financial condition, profit level and payout ratio, TOTO LTD. decided to increase the interim dividend for the current period to
10 yen, 2 yen higher than the 8 yen previously forecasted. The year-end dividend has also been increased similarly to 10 yen, also being 2 yen higher than the 8 yen previously forecasted, making the forecasted annual dividend a total of 20 yen.
Reference: Breakdown of Annual Dividend
Dividend per share | |||
Date of record | Half-year end | Year-end | Total |
Results for the current period | 10 yen | 10 yen (forecast) | 20 yen (forecast) |
Results for the previous period (Year ending March 2013) | 6 yen | 8 yen | 14 yen |
This notice has been translated from the original notice in Japanese. In the event of any discrepancy, the original in Japanese shall prevail.
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