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Dividend Policy and Dividend
Dividend policy
ITOCHU maintains and reinforces its competitive power as well as increases stockholders' equity by retaining earnings to promote growth strategies. ITOCHU's basic policy regarding dividend payments is a consistent and stable distribution of returns to the stockholders considering its business performance. Through "Frontiere 2010", ITOCHU increases dividend amount gradually and aims to improve consolidated dividend payout ratio, while improving parent company's stockholders' equity.
Distribution of the current fiscal year's profit
ITOCHU has paid dividends of 15 yen per share for the fiscal year ended March 31, 2010 (an interim dividend of 7.5 yen per share was already paid). For the fiscal year ending March 31, 2011, ITOCHU plans to pay full-year dividends of 18 yen per share, comprising an interim dividend of 9 yen per share and a year-end dividend of 9 yen per share.
| Fiscal Year | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 (Plan(*)) |
|---|---|---|---|---|---|---|---|
| (Annual Total) | ¥7.0 | ¥9.0 | ¥14.0 | ¥18.0 | ¥18.5 | ¥15.0 | ¥18.0 |
| Interim | ¥0.0 | ¥4.0 | ¥5.0 | ¥8.5 | ¥10.5 | ¥7.5 | ¥9.0 |
| Year-end | ¥7.0 | ¥5.0 | ¥9.0 | ¥9.5 | ¥8.0 | ¥7.5 | ¥9.0 |
- * As of June 25, 2010
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