Note: This document has been translated from a part of 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.
May 26, 2023
Company Name:
Restar Holdings Corporation
(Code:
3156 Tokyo Stock Exchange Prime
Market)
Name of
Tomoharu Asaka,
Representative:
Representative Director
Contact Information:
Atsuki Ishida,
Corporate Officer
(Tel: 03-3458-4618)
Notice Concerning Dividend of Surplus
The Company hereby announces that, at a meeting of the Board of Directors held today (May 26, 2023), it has resolved to pay a dividend of surplus with a record date of March 31, 2023 as follows.
In accordance with Article 459, Paragraph 1 of the Companies Act, the Company's Articles of Incorporation stipulate that the Company may pay dividends from surplus, etc. by resolution of the Board of Directors.
Details
1. Details of Dividends
Most recent dividend
Previous fiscal year actual
Amount determined
forecast
(fiscal year ended March
(Announced May 12, 2023)
31, 2022)
Record date
March 31, 2023
As on the left
March 31, 2022
Dividend
75.00 yen
As on the left
55.00 yen
per share
Total amount of
2,255 million yen
─
1,653 million yen
dividends
Effective date
June 30, 2023
─
June 7, 2022
Source of
Capital surplus
─
Retained earnings
dividends
Note: Percentage decrease in net assets 0.028
1
2. Reason
The Company's basic policy is to enhance shareholder returns while also emphasizing financial stability.
Under this basic policy, as in the forecast announced in "Notice of Revision to Dividend Forecast for the Fiscal Year Ended March 31, 2023" dated May 12, 2023, the Company has decided to pay a year-end dividend of 75 yen per share for the fiscal year ended March 31, 2023.
As reported separately in "Notice Concerning Recording of Non-operating Expenses and Extraordinary Losses," dated May 12, 2023, the Company recorded provision of allowance for doubtful accounts for subsidiaries and associates of 981 million yen, provision for loss on business of subsidiaries and associates of 1,059 million yen, and loss on valuation of shares of subsidiaries and associates of 1,721 million yen in the non-consolidated financial statements. Accordingly, the year-end dividend will be funded by capital surplus.
(Reference)
・Breakdown of the Company's Annual Dividends
Dividends per share
Record date
2nd quarter-end
Year-end
Total
Dividend forecast
(fiscal year ending
55.00 yen
60.00 yen
115.00 yen
March 31, 2024)
Current fiscal year
40.00 yen
75.00 yen
115.00 yen
actual
(Ordinary dividend 40.00
(Ordinary dividend
75.00
(Ordinary dividend 115.00
(fiscal
year
ended
yen)
yen)
yen)
March 31, 2023)
100.00 yen
Previous fiscal year
45.00 yen
55.00 yen
(Ordinary dividend 85.00
(Ordinary dividend 40.00
(Ordinary dividend
45.00
yen)
actual
yen)
yen)
(Commemorative
(fiscal
year
ended
(Commemorative dividend
(Special year-end dividend 10.00
dividend 5.00 yen)
March 31, 2022)
5.00 yen)
yen)
(Special year-end dividend 10.00
yen)
2
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Disclaimer
Restar Holdings Corporation published this content on 20 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 June 2023 02:28:04 UTC.
Restar Corp, formerly known as Restar Holdings Corp, is a Japan-based company engaged in the semiconductor and electronic components business. The Company operates through four business segments. The Semiconductor and Electronic Components segment engages in device business that sells domestic and foreign semiconductors and electronic components, and provides system proposals and other services, as well as the provision of electronics manufacturing service (EMS) for electronic components and modules. The Procurement segment provides operations and proposals for supply chain management. The Electronic Equipment segment engages in electronic equipment business, including video/audio/communication/measurement solutions, design and construction and maintenance engineering, and system equipment business, including the development and manufacture of cashless terminals, among others. The Environmental Energy segment engages in energy business, new power business, and plant factory business.
RESTAR CORPORATION 
