Notification of Dividends from Surplus (Dividend Increase)

TOKYO, JAPAN (May 14, 2019) - Recruit Holdings Co., Ltd. (the "Company") hereby announces that its Board of Directors has resolved today on dividends from surplus for which the record date is March 31, 2019, as follows.

1. Details of Dividends

2. Background

The Company believes that prioritizing strategic investments to attain sustainable profit growth and increase its enterprise value will be the main driver of shareholder value. Also, the Company considers the return of capital to its shareholders to be an important part of its business strategy. The core dividend policy is to provide a stable and sustainable return to shareholders based on a comprehensive evaluation of the results of operations, the internal reserves that the Company may require for investment for its future growth, and the ability to establish a stable financial foundation. In addition, the Company sets a consolidated payout ratio target of approximately 30% of profit attributable to owner of the parent excluding non-recurring income/losses, and a policy to pay dividends from surplus twice a year. The record dates thereof are September 30 and March 31 of each year.
In accordance with its dividend policy above, the Company will pay a year-end dividend of 14.50 yen per share for the fiscal year ended March 31, 2019, an increase of 1 yen per share from the previous dividend forecast, taking into factors including consolidated financial conditions and full-year consolidated operating results.

(Reference) Breakdown of dividends per share

Notification of Dividends from Surplus (Dividend Increase) (138 KB)