April 26, 2021
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| | Canon Inc. | | |
| | Chairman & CEO: Fujio Mitarai | | |
| | Securities code: 7751 | | |
| | Tokyo (First section) and other Stock Exchanges | | |
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| | Inquiries: | | |
| | Sachiho Tanino | | |
| | General Manager | | |
| | Consolidated Accounting Div. | | |
| | Finance & Accounting Headquarters | | |
| | +81-3-3758-2111 | | |
Notice Regarding Projected Dividend for the Fiscal Year Ending December 31, 2021
(the 121st Business Term)
Canon Inc. (the “Company”) passed a Board of Directors’ resolution on April 26, 2021, regarding the projected dividend per share for the fiscal year ending December 31, 2021 (the 121st Business Term) as follows.
1. | Basic Policy Regarding Profit Distribution and Dividend for the Period |
The Company works to provide a stable return and actively return profits to shareholders, mainly in the form of a dividend, taking into consideration medium-term profit forecasts along with planned future investments, cash flow and other factors.
As for projections for the fiscal year ending December 31, 2021, even under the impact of COVID-19, sales of existing businesses, such as cameras and office printing, have stabilized. Additionally, the growth of new businesses, such as medical and network cameras, is becoming apparent. Based on the aforementioned, the Company raised its full-year projection, and expects profit to exceed the pre-COVID level of 2019. Attributable to the upward revision, a resolution regarding the projected dividend per share was passed, raising the Company’s interim and year-end dividend both by 5 yen for a total of 90 yen per share for the full year.
2. | Details of the Projected Dividend |
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| | Dividend per share (yen) | |
Record date | | Interim | | | Year-end | | | Full Year | |
Previous projection | | Not yet determined | | | Not yet determined | | | Not yet determined | |
Current projection | | | 45.00 yen | | | | 45.00 yen | | | | 90.00 yen | |
Actual | | | | | | | | | | | | |
Previous year’s dividend payout (Fiscal year ending December 31, 2020) | | | 40.00 yen | | | | 40.00 yen | | | | 80.00 yen | |