Notice Concerning Payment of Interim Dividends from Surplus Earnings (for the First Half of the Fiscal Year Ending March 31, 2016)

Tokyo Electron Limited(TEL) announced that on October 27, 2015, its Board of Directors had passed a resolution to pay interim dividend from surplus earnings (for the first half of the Fiscal Year Ending March 31, 2016) to shareholders of record as of September 30, 2015 as below.

1. Details of Dividend Payments
  Amount resolved to be paid

Most recent
dividends forecast
(announced on July 28, 2015)
Dividends paid
in previous fiscal year
(sum of the 1Q and 2Q dividends of the Fiscal Year Ended March 2015)*
Shareholder registration date September 30, 2015 September 30, 2015 June 30, 2014/
September 30, 2014
Dividends per share 125yen 105yen 40yen
Total dividends paid 20,823 million yen 7,169 million yen
Date dividends start to be paid November 30, 2015 August 20, 2014/
December 1, 2014
Source of funds to pay dividends Surplus earnings Surplus earnings

*We implemented quarterly dividends in the previous fiscal year. Dividends paid in previous fiscal year stated above were as the sum of the first quarter and the second quarter dividends.

2. Reason for the upward adjustment
The dividend policy of the Company is to link dividend payments to business performance on an ongoing basis. Its basic policy for returning profits to shareholders is to maintain a payout ratio of around 50% based on consolidated net income attributable to owners of parent. The consolidated results for the first half of the current fiscal year announced today showed an increase in the first half results compared to the most recent forecast figures, and consequently, the dividends for the first half was revised upward.