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Press Releases

9 May 2024

  • Corporate/Financial Corporate/Financial

Notice Concerning Dividends of Surplus

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Daikin Industries, Ltd. (hereafter: the Company) hereby announces that it has resolved, at a meeting of the Board of Directors held on May 9, 2024, to pay dividends of surplus with a record date of March 31, 2024. The matter will be submitted to the Ordinary General Meeting of Shareholders to be held on June 27, 2024. The details are described below.

1. Details of dividends

Determined amount Most recent dividend forecast
(Announced on May 9, 2023)
Actual results for the previous fiscal year
(Fiscal year ended March 31, 2023)
Record date March 31, 2024 March 31, 2024 March 31, 2023
Dividend per share ¥130.00 ¥120.00 ¥140.00
Total amount of dividends ¥38,059 million ¥40,982 million
Effective date June 28, 2024 June 30, 2023
Source of dividends Retained earnings Retained earnings

2. Reason

The Company's basic policy regarding the determination of dividends from retained earnings is to maintain the ratio of dividends to net assets at 3.0% on a consolidated basis and to pay dividends on a stable and continuous basis.
Since the Company's net sales and the operating income for the fiscal year ended March 31, 2024, reached a record high, the Company has revised its year-end dividend for the current fiscal year to 130 yen per share, an increase of 10 yen per share from the latest dividend forecast of 120 yen per share.

(Reference) The dividend forecasts are as follows:
Dividend per share (Yen)
Record date Second quarter-end Fiscal-year end Total
Dividend forecasts ¥130.00 ¥250.00
Actual results for the current fiscal year ¥120.00

Actual results for the previous fiscal year

(Fiscal year ended March 31, 2023)
¥100.00 ¥140.00 ¥240.00

Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.


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