Notice of Distribution of Retained Earnings

Funai Electric Co., Ltd. hereby announces that a decision to distribute retained earnings (date of record: March 31, 2009) in the form of dividends as outlined below was made at the May 13, 2009 Board of Directors Meeting.
However, this distribution will be officially confirmed at the Board of Directors Meeting scheduled for June 1, 2009 after the statutory audit of accounting documents from the fiscal year ended March 2009 has been completed.

 

1. Dividend Details

	Dividend value	Recent dividends forecast (Published February 12, 2009)	Prior year dividends (Fiscal year ended March 2008)
Date of record	March 31, 2009	March 31, 2009	March 31, 2008
Dividends per share	JPY 40	JPY 50	JPY 50
Total dividend value	JPY 1.363 billion	－	JPY 1.704 billion
Effective date	June 4, 2009	－	June 4, 2008
Dividend resource	Retained earnings	－	Retained earnings

 

2. Reasoning

Funai’s basic policy is to maintain stable dividends while strengthening our management base. Specifically, Funai has established a basic dividend rate of 1.0% of consolidated net asset value.
Based upon this policy, the distribution of dividends per share with date of record March 31, 2009 has been reduced by JPY 10 from the recent dividend forecast to JPY 40.

(Reference) Annual Distribution Breakdown

	Dividends per share
Date of record	Fiscal mid-year	Fiscal year-end	Annual
Current fiscal year	－	JPY 40	JPY 40
Previous fiscal year (ended March 2008)	－	JPY 50	JPY 50

 

INQUIRIES ABOUT THIS PRESS RELEASE
Naoyuki Takanaka
Investor / Public Relations Department
TEL:+81-72-870-4395

 

Notice of Distribution of Retained Earnings [PDF:18KB]