Apr 30, 2020

Announcement on Dividends Forecast Revision for the Fiscal Year Ended March 31, 2020

Tokyo Electron (TEL) announced the year-end dividends forecast for the fiscal year ended March 31, 2020 has been revised as stated below.
The formal resolution of the year-end dividends for the fiscal year ended March 31, 2020 is planned at the Board of Directors’ meeting held on May 14, 2020.



1. Reason for dividends forecast revision

TEL’s dividend policy is to link dividend payments to business performance on an ongoing basis and a payout ratio is around 50% based on consolidated net income attributable to owners of parent. On the basis of the consolidated results for the fiscal year ended March 31, 2020 announced today, TEL has been revised upward the year-end dividends forecast announced on January 30, 2020.

2. Dividends forecast revision

Dividends per share

(Yen)

2Q-end

Year-end

Total

Previous forecast
(January 30, 2020)

293.00

539.00

Revised forecast

342.00

588.00

Results for the fiscal year
ended March 31, 2020

246.00

Results for the fiscal year
ended March 31, 2019

413.00

345.00

758.00