Release: October 31, 2017
|Company Name:||NGK INSULATORS, LTD.|
|Stock Exchange Listings:||Tokyo and Nagoya|
|Representative:||Taku Oshima (Mr.)|
|Contact:||Hideaki Shindo (Mr.)|
|Finance & Accounting Department|
NGK INSULATORS, LTD. (NGK) hereby announces that at a meeting of the board of directors held on October 31, 2017, it has decided to revise the year-end dividends per share forecast for fiscal 2017 as detailed below.
NGK views the return of profits to shareholders as one of its most important management policies.
As a basic policy, we strive for shareholder-oriented management that emphasizes return on equity (ROE), and distribute the profits upon comprehensive consideration of factors including business performance and financial position, and future business development.
Due to the strong progress of the consolidated financial results for the six months ended September 30, 2017, thanks to positive effect of the weak yen, an increase in demand for ceramic components for semiconductor manufacturing equipment, and other factors, NGK has decided to increase its year-end dividends forecast by 2 yen per share to 23 yen per share from the previous forecast (44 yen per share for the full-year).
|Annual Dividends (Yen)|
(April 28, 2017)
|Results for Current Period||-||-||-|
|Results for Previous Period