Notice on Dividends from Surplus
February 10, 2022
IWATA, February 10,2022--Yamaha Motor Co., Ltd. (Tokyo: 7272) hereby announces that at the Board of Directors meeting held today, the Company has resolved to make payments of dividends from surplus with a record date of December 31, 2021.
1. Details of Year-End Dividends
| End of Q2 | Year-end | Total | |
|---|---|---|---|
| Original forecast (announced August 5, 2021) |
Yen |
Yen |
Yen |
| Results for current fiscal year (amount determined) |
50.00 |
65.00 |
115.00 |
| Reference: Results from previous fiscal year ended December 31, 2020 |
0.00 |
60.00 |
60.00 |
2. Reasons
With the Company's performance exceeding the consolidated business results forecast announced on November 8, 2021 for the fiscal year ended December 31, 2021 and in light of recording its highest-ever profits, the Company has decided to pay a year-end dividend of 65 yen per share, an increase of 15 yen from the latest dividend forecast announced August 5, 2021. From this change, the annual dividend--including an interim dividend of 50 yen per share--will be 115 yen per share. The Company plans to put this matter on the agenda for the 87th Ordinary General Meeting of Shareholders scheduled to be held on March 23, 2022.
