February 5, 2010
Notice of Revision of Dividend Forecast
Nippon Flour Mills Co. Ltd. (Chairman, President, CEO & COO: Hiroshi Sawada) announces
that a meeting of the Board of Directors held on February 5, 2010 resolved to revise the
dividend forecast per share for the term ending March 2010 as follows:
1. Details of revision of year-end dividend forecast
Dividend
per
share
Record date
End of second
quarter
Year-end Annual
dividend
Previous forecast
(announced on November
2, 2009)
4.00 yen
4.00 yen
8.00 yen
Revised forecast
6.00 yen
10.00 yen
Results for current term
4.00 yen
Results for the previous
term ended March 2009
3.50 yen
4.50 yen
(Ordinary dividend: 3.50
yen)
(Commemorative
dividend: 1.00 yen)
8.00 yen
2. Reasons for revision
The Company’s policy is to maintain stable and sustainable dividends while taking the
accumulation of internal reserves into account, along with the enhancement of the
corporate structure and future business development. We recognize that returning the
Company’s profits to its shareholders is one of our key management goals.
In light of the forecast consolidated financial results for the term ending March 2010, the
Company increased the year-end dividend by 2.00 yen from the previously announced
forecast, to 6.00 yen per share, to thank our shareholders for their continued support.
With this increase in year-end dividends, the annual dividend will be 10.00 yen per share,
including the interim dividends already paid.
The year-end dividend will be proposed at the 186th Ordinary General Meeting of Shareholders
to be held in late June 2010.