[Reference Translation]
May 10, 2023
To Whom It May Concern:
| | |
| | Company Name: TOYOTA MOTOR CORPORATION Name and Title of Representative: Akio Toyoda, Chairman of the Board of Directors (Code Number: 7203 Prime of Tokyo Stock Exchange and Premier of Nagoya Stock Exchange) Name and Title of Contact Person: Yoshihide Moriyama, General Manager, Capital Strategy & Affiliated Companies Finance Div. (Telephone Number: 0565-28-2121) |
Notice Concerning Distribution of Dividends from Surplus
At a meeting held on May 10, 2023, the Board of Directors of Toyota Motor Corporation (“TMC”) resolved to distribute dividends from surplus, with a record date of March 31, 2023. In relation to the above, we hereby inform you of the following:
| | | | | | |
| | | Determined year-end
dividend
for FY 2023 | | Most recent
dividend forecast | | Year-end dividend paid
for FY 2022 |
Record date | | March 31, 2023 | | March 31, 2023 | | March 31, 2022 |
Dividend per share | | 35.00 yen | | — | | 28.00 yen |
Total amount of dividends | | 474,781 million yen | | — | | 385,792 million yen |
Effective date | | May 26, 2023 | | — | | May 27, 2022 |
Source of dividends | | Retained earnings | | — | | Retained earnings |
[Reference] Details of dividends per common share through the fiscal year
| | | | |
Record date | | Dividends for FY 2023 (ended March 31,2023) | | Dividends for FY 2022 (ended March 31,2022) |
End of interim period | | 25.00 yen | | 24.00 yen |
End of fiscal period | | 35.00 yen | | 28.00 yen |
Total | | 60.00 yen | | 52.00 yen |
| 2. | Reason for the dividend amount |
TMC deems the improvement of its shareholders’ profit as one of its priority management policies, and it will continue to work to improve its corporate culture to realize sustainable growth in order to enhance its corporate value.
TMC will strive to increase dividends in a stable and continuous manner.
With a view to surviving tough competition and transitioning to a mobility company, TMC will utilize its internal funds mainly for its investment in growth for the next generation such as environmental technologies to achieve a carbon neutral society and safety technologies for the safety and security of its customers, and also for the stakeholders such as employees, business partners and local communities.
-End-
