Announcement Concerning the Payment of Dividends from Retained Earnings
May 14, 2010
Nomura Research Institute, Ltd.
Nomura Research Institute, Ltd. (NRI) has announced that its Board of Directors today resolved to pay dividends to shareholders of record as of March 31, 2010, as detailed below.
1. Details of payment of dividends
2. Basis for payment of dividends
NRI considers the ongoing growth of its corporate value to be the most important return to its shareholders. Its basic policy is to pay appropriate and stable dividends while giving full consideration to maintaining sufficient retained earnings necessary for its long-term development. NRI makes specific decisions regarding the payment of dividends based on the status of its operating revenues and cash flows, while aiming, in principle, for a consolidated dividend payout ratio of 30%.
Reference: Details of payment of dividends by year
[For general inquiries, please contact:]
Shin Ueoka, Investor Relations Department
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