Dividend Payout from Retained Earnings and Revision of Forecast Dividend
August 4, 2009
Yamaha Motor Co., Ltd. (the "Company"), by resolution of its Board of Directors on August 4, 2009, has decided to cancel a dividend payout from retained earnings with a record date at the end of the second quarter (June 30, 2009). The Company has also decided to cancel the forecast dividend payout with a record date at the end of the fiscal year (December 31, 2009), which was previously undecided.
1. Dividend payout from retained earnings with a record date at the end of the second quarter (June 30, 2009)
Amount
Most recent forecast
dividend
(February 12, 2009)
Results in the previous
fiscal year
(Fiscal year ended December 31, 2008)
Record date
June 30, 2009
June 30, 2009
June 30, 2008
Dividend per share
¥0.00
Undecided
¥20.50
Total dividend payout
―
―
¥5,870 million
Effective date
―
―
September 10, 2008
Source of dividend
―
―
Retained earnings
2.Revision of forecast dividend
Dividend per share
Record date
End of first quarter
End of second quarter
End of third quarter
Year-end
Annual
Previous forecast
―
Undecided
―
Undecided
Undecided
Revised forecast
―
¥0.00
―
¥0.00
¥0.00
Results in the current fiscal year
―
―
Results in the previous fiscal year
(Fiscal year ended December 31, 2008)
―
¥20.50
―
¥5.00
¥25.50
3.Reason for the revision
In light of the consolidated financial results for the second quarter of the fiscal year ending December 31, and the forecast financial results for the full fiscal year, the Company decided to cancel the dividend payout from retained earnings at the end of the second quarter and at the end of the fiscal year.