Shareholders Return

For the fiscal year ended March 31, 2017, since the original target for profit attributable to owners of parent was met, GS Yuasa plans to pay an annual dividend of \10 per share, (consisting of a \3 per share interim dividend and a \7 per share year-end dividend). The payout ratio will therefore be 33.7%. Additionally, since the profit attributable to owners of parent before goodwill amortization exceeded a certain level, the Company plans to conduct share buyback worth \1.0 billion as a further way to return profits to shareholders. The payout ratio including this effect will therefore be 37.4% (based on profit attributable to owners of parent before goodwill amortization).

Per-share Indication