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Revision of Dividend Projection for Fiscal 2003 Ended March 2004
At a meeting held on May 21, 2004, the board of directors of the company passed a resolution to revise its dividend projection for the year ended March 2004 as follows:
1. Reason for the revision
In view of the operating results for the year ended March 2004 and forecast of future earnings, the company decided to propose an increase in year-end per share dividend by 0.5 yen to 3.00 yen for full-year dividend of 5.50 yen at the forthcoming general shareholders' meeting for the 105th reporting period.
2. Revision
| Interim dividend | Year-end dividend | Annual |
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Previous projection
(announced Nov. 6, 2003) | 2.50 yen | 2.50 yen | 5.00 yen |
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| Revised projection | 2.50 yen | 3.00 yen | 5.50 yen |
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Actual for the previous year
(ended March 2003) | 2.50 yen | 2.50 yen | 5.00 yen |
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