MTI : Notice Concerning Dividend from Surplus (Interim Dividend)
May 09, 2024 at 07:09 am
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May 9, 2024
For Immediate Release:
MTI Ltd.
Representative: Toshihiro Maeta,
President and Chief Executive Officer
Listing: TSE Prime [9438]
Contact: Hiroshi Matsumoto,
Senior Managing Director
Tel: +81-3-5333-6323
Notice Concerning Dividend from Surplus (Interim Dividend)
MTI Ltd. (hereinafter the "Company") announces that the Board of Directors of the Company resolved to pay a dividend from surplus (interim dividend) with March 31, 2024 as the record date at its meeting held on May 9, 2024. Details are as follows.
1. Outline of the dividend (Interim dividend)
Latest dividend forecast
Dividends
Determined amount
in previous fiscal year
(Announced on
(Fiscal year ended
November 8, 2023)
September 30, 2023)
Dividend record date
March 31, 2024
Same as on the left
March 31, 2023
Cash dividends per share
8 yen
Same as on the left
8 yen
Total cash dividends
440 million yen
-
440 million yen
Effective date
June 14, 2024
-
June 16, 2023
Dividend resource
Retained earnings
-
Retained earnings
2. Reasons for dividends from surplus
While our operating income, ordinary income, and quarterly net income attributable to owners of the parent for the second quarter (cumulative) exceeded initial expectations, we have decided to maintain the interim dividend at the expected rate of 8 yen per share, considering stable dividends.
(Reference) Annual dividend forecast
Cash dividends per share
Dividend record date
End of Q2
Year-end
Total
Initial forecast
8 yen
16 yen
Actual dividends in the
8 yen
current fiscal year
Actual dividends in the
previous fiscal year
(Fiscal year ended September
8 yen
8 yen
16 yen
30, 2023)
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Note: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. The Company assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.
Contact information for inquiries
Investor Relations Office
E-mail:ir@mti.co.jpURL:https://ir.mti.co.jp/eng/
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MTI Ltd. published this content on
09 May 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
09 May 2024 06:08:09 UTC.
MTI Ltd. is a Japan-based company mainly engaged in the distribution of contents. The Company is mainly engaged in the distribution of mobile phone contents, including music, life information and entertainment contents. Through its consolidated subsidiaries and associated companies, the Company is also engaged in the operation of advertising agents and the development of software, and the provision of billing and payment platform. The Company is also engaged in the planning, development and operation of Internet business, as well as the research and development of medical information systems.