NRI Revises Dividend Forecasts Upward for the Fiscal Year
Ended March 31, 2004
Ended March 31, 2004
April 27, 2004
Nomura Research Institute, Ltd.
Nomura Research Institute, Ltd.
The board of directors of Nomura Research Institute, Ltd. (NRI) resolved today to revise the forecast dividend per share for the fiscal year ended March 31,2004 (39th term) as detailed below.
1.Details of Revision
Dividend per share forecast for the fiscal year ended March 31, 2004
To List of Press Releases
1.Details of Revision
Dividend per share forecast for the fiscal year ended March 31, 2004
(Unit: Yen)
| 1st Half | Fiscal Year | Annual Total | |
| Previous forecast (October 31, 2003) | 0.00 | 20.00 | 20.00 |
| Revised forecast | 0.00 | 40.00 | 40.00 |
| Reference: Dividend for previous year (Year ended March 31, 2003) | 0.00 | 20.00 | 20.00 |
2.Reason for Revision
NRI maintains that sustained growth in corporate value is the most important return to shareholders. The Company’s basic policy on profit distribution is to provide appropriate and stable dividends, taking into consideration the enhancement of internal reserves to ensure long-term business success, as well as profit levels and the status of cash flow. On the basis of these considerations, an end of term dividend of 40 yen per share has been determined for the period as detailed above, and is scheduled for submission for approval to the regular general meeting of shareholders.
Note: Please also see the consolidated results bulletin for the year ended March 31, 2004 and the highlights of the individual financial statements for the year ended March 31, 2004.
[For inquiries, please contact:]
Shin Ueoka, Investor Relations
Tel: +81-3-5255-0442
E-mail: ir@nri.co.jp
NRI maintains that sustained growth in corporate value is the most important return to shareholders. The Company’s basic policy on profit distribution is to provide appropriate and stable dividends, taking into consideration the enhancement of internal reserves to ensure long-term business success, as well as profit levels and the status of cash flow. On the basis of these considerations, an end of term dividend of 40 yen per share has been determined for the period as detailed above, and is scheduled for submission for approval to the regular general meeting of shareholders.
Note: Please also see the consolidated results bulletin for the year ended March 31, 2004 and the highlights of the individual financial statements for the year ended March 31, 2004.
[For inquiries, please contact:]
Shin Ueoka, Investor Relations
Tel: +81-3-5255-0442
E-mail: ir@nri.co.jp
To List of Press Releases
Inquiries:webmaster@nri.co.jp
Copyright(c) 2004 Nomura Research Institute, Ltd. All rights reserved.
No reproduction or republication without written permission.
Copyright(c) 2004 Nomura Research Institute, Ltd. All rights reserved.
No reproduction or republication without written permission.