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Notice on Plan for Dividend (Interim Dividend)

18 Sep, 2009

TOKYO—Toshiba Corporation has announced that its Board of Directors, meeting today, decided to forgo an interim dividend per share to shareholders recorded in the shareholder register as of September 30, 2009.

 

Dividends per share

Record date

Interim

(September 30)

Year-end

(March 31)

Full year

Previous forecast

Not decided

Not decided

Not decided

Actual dividends for FY 2009

0 Yen

Not decided

Not decided

Actual dividends for FY2008 ended March 2009

5 Yen

0 Yen

5 Yen

 

Reasons for decision

This fiscal year has brought some signs of economic recovery, but the overall outlook remains uncertain. In this environment, Toshiba’s board determined to forgo the interim dividend after considering the overall situation and business performance. The year-end dividend, for shareholders recorded in the shareholder record on March 31, 2010, will be determined with consideration for progress toward business recovery, the financial position and other relevant factors.

 

Disclaimer:
This report contains forward-looking statements concerning future plans, strategies and the performance of Toshiba Group. These statements are based on management’s assumptions and beliefs in light of the economic, financial and other data currently available. Furthermore, they are subject to a number of risks and uncertainties. Toshiba therefore wishes to caution readers that actual results may differ materially from our expectations. Major risk factors that may have a material influence on results are indicated below, though this list is not necessarily exhaustive.

  • Disputes including lawsuits in Japan and other countries
  • Success or failure of alliances or joint ventures promoted in collaboration with other companies;
  • Success or failure of new businesses or R&D investment;
  • Changes in political and economic conditions in Japan and abroad; unexpected regulatory changes;
  • Major disasters, including earthquakes and typhoons;
  • Rapid changes in the supply/demand situation in major markets and intensified price competition;
  • Significant capital expenditure for production facilities and rapid changes in the market;
  • Changes in financial markets, including fluctuations in interest rates and exchange rates.
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Information in the press releases, including product prices and specifications, content of services and contact information, is current on the date of the press announcement, but is subject to change without prior notice.

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