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May 10, 2006 |
Mitsubishi Rayon Co., Ltd. |
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Notification of Resolution on
Upward Revision of Dividend Payment
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At a meeting held on May 10, 2006, the Board of Directors of Mitsubishi Rayon resolved to raise the term-end dividend payable for the business term ended March 31, 2006 in accordance with the details given below.
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Reason for Revision:
At the Company's announcement of interim business performance for fiscal 2005, made on November 10, 2005, we stated our intention to pay a fiscal 2005 term-end dividend of ¥4 per share. However, in view of the business performance figures for fiscal 2005 announced today, the Board of Directors has decided to submit a proposal, for approval by the Company's shareholders at the 81st Regular General Meeting of Shareholders (to be held on June 29) to raise the term-end dividend to ¥5 per share. |
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Details of Dividend Payments: |
Dividends per share |
Interim
dividend
per share |
Term-end
dividend
per share |
Annual
dividend
per share |
Previous announcement for FY2005 |
¥4.00 |
¥4.00 |
¥8.00 |
Revised announcement for FY2005 |
¥4.00 |
¥5.00 |
¥9.00 |
Reference: FY2004 |
¥3.50 |
¥3.50 |
¥7.00 |
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For further inquiries, please contact: |
Public and Investor Relations Office |
e-mail:
koho@mrc.co.jp |
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The contents shown herein are accurate as of the time of posting.