February 24, 2005
|
Name of Company: |
KAGA ELECTRONICS CO., LTD. |
|
Stock Code: |
8154 |
|
Stock Exchange Listing: |
|
|
Headquarters: |
2-2-9, Hongo, Bunkyo-ku, |
|
Representative |
|
|
Title: |
Founder & CEO |
|
Name: |
Isao Tsukamoto |
|
Contact Person |
|
|
Title |
Managing Director, Finance & Administration Headquarters |
|
Name: |
Waichiro Shimoyama |
|
Tel: |
+81-(0)3-4455-3111 |
Notice Regarding the Year-end Dividend Plan
for the Fiscal Year Ending March 2005
KAGA ELECTRONICS CO., LTD. (Founder & CEO : Isao Tsukamoto, Headquarters: Bunkyo-ku, Tokyo, Capital : 9,660 million yen as of January 31, 2005) hereby serves notice that, at a meeting held on February 24, 2005, the Board of Directors approved a resolution regarding a year-end dividend per-share plan for the fiscal year ending March 2005 as follows:
1.Reason for the Dividend Increase
Operating results for the current fiscal year ending March 2005 are expected to achieve a record high in both net sales and net income. Accordingly, the Company plans to pay an extra dividend per share of 5 yen in appreciation of the support extended by shareholders.
2.Year-end Dividend for FY Ending March 2005 (April 1, 2004 - March 31, 2005)
|
|
Approved planned dividend |
(for reference) Previous FY dividend paid (Interim dividend for FY ended March 2004) |
|
Year-end dividend per share |
22.50 yen (extra dividend 5 yen) |
17.50 yen (commemorative dividend 5 yen) |
The planned dividend amount per share for the current fiscal year totals 40 yen, including the interim dividend of 17.5 yen, paid on December 13, 2004.