Shareholder Return / Dividend
Regarding our profit distribution, to improve corporate and shareholder value while retaining adequate internal reserves for funding growth & maintaining a sound financial position, our basic shareholder return policy is that the TechnoPro Group will return a portion of profits directly to shareholders through dividends using a specified consolidated payout ratio.
Regarding the dividend level, we aim to achieve a consolidated payout ratio of 50% over the medium to long term. The basis of this will be a stable interim & year-end dividend.
The decision-making bodies for surplus dividends are the General Meeting of Shareholders for year-end dividends and the Board of Directors for interim dividends. The Articles of Incorporation stipulate that by resolution of the Board of Directors it can make an interim dividend on December 31 each year.