Statement re Announcement of

RNS Number : 1557V

Softbank Corp

23 May 2008

 



May 8, 2008

Announcement of Dividend Payout 

SOFTBANK CORP. (hereafter 'the Company') announces that the Board of Directors, at its meeting held today, has resolved to pay cash dividends from retained earnings to shareholders on record as of March 31, 2008 as described below.

• Details of dividend

  	Resolved amount	Previous fiscal year (Ended on March 31, 2007)
  Recorded date	March 31, 2008	March 31, 2007
  Dividend per share	JPY 2.50	JPY 2.50
  Total dividends	JPY 2,701 million	JPY 2,639 million
  Effective date	June 26, 2008	June 25, 2007
  Dividend source	Retained earnings	Retained earnings

2. Reasons

The company has a basic policy to return its profits appropriately to all stakeholder groups including shareholders through augmenting enterprise value.  

Reflecting this dividend policy the Company set the dividend payout as shown above, taking the need to maintain a proper balance between bolstering the operating base and preserving a stable dividend from a medium-to long-term perspective into perspective. This matter is planned to be brought to the 28th Annual General Meeting of Shareholders which is scheduled to be held on June 25, 2008, for discussion.  

(Reference) Details of annual dividend

	Dividend per share
Base date	Interim	Year end	Annual
FY 2007 paid dividend	－	JPY 2.50	JPY 2.50
FY 2006 dividend paid (Ended on March 31, 2007)	－	JPY 2.50	JPY 2.50

 

END

 

 

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