SoftBank Corp. (“The Company”) announces that at the meeting of the Board of Directors held on October 26, 2020, its Board of Directors resolved the distribution of dividends from capital surplus with a record date of September 30, 2020 as follows. The amount of dividends per share is in line with the forecast of dividends announced in “Consolidated Financial Report for the Fiscal Year Ended March 31, 2020,” dated May 11, 2020.
1. Details of Dividends
The Company considers the return of profits to shareholders to be an important priority along with the increase in corporate value in the mid- to long-term. During the period from the fiscal year ending March 31, 2021 to the fiscal year ending March 31, 2023, the Company aims to pay stable and continuous per-share dividends, and to flexibly consider implementing share buyback programs, with a guideline total shareholder return ratio to net income attributable to owners of the Company of approximately 85%.
The Company resolved to pay dividends of JPY 43.00 per share at the end of second quarter, as originally planned. Together with the year-end dividends of JPY 43.00 per share, we plan to pay an annual dividends of JPY 86.00 per share.