FOR IMMEDIATE RELEASE
Tokyo, May 12, 2011
Notice Concerning Retained Earnings Dividend Payments
Japan Tobacco Inc. (JT) (TSE: 2914) announced that the Board of Directors of the
company have made a resolution concerning dividend payments of retained earnings as
set forth below. The record date thereof is March 31, 2011.
Most recent forecast FY03/2010
Announced on February, 7, 2011 Actual
Record date March 31, 2011 March 31, 2011 March 31, 2010
Dividend per share ¥4,000 \2,800 (Ordinary dividend \2,800)
(Commemorative dividend \200)
Total dividend amount ¥38,085 million - \28,740 million
Effective date June 27, 2011 - June 25, 2010
Source of dividends Retained earnings - Retained earnings
Based on the fundamental policy which aims for competitive shareholder return in the
capital market, taking into account the implementation status of the company’s mid to
long term growth strategy and consolidated financial performance, the Board of
Directors of the company have made a resolution to propose a year-end dividend of
¥4,000 per share based on the company’s performance this year. Accordingly, the
annualized sum will be ¥6,800 per share which includes ¥2,800 of the retained earnings
dividend payments made at the end of the half year.
The resolution will be submitted at the 26th ordinary General Meeting of Shareholders of
the company scheduled for June 24, 2011.
(Reference) Breakdown of annual dividends
Record date Half year-end Year-end Annualized
Ordinary dividend \2,800
FY03/2010 Actual Ordinary dividend \2,800 ¥5,800
Commemorative dividend \200
FY03/2011Actual Ordinary dividend \2,800 Ordinary dividend \4,000 ¥6,800
FY03/2012 Forecast Ordinary dividend \4,000 Ordinary dividend \4,000 ¥8,000
Japan Tobacco Inc. is a leading international tobacco product company. Its products are
sold in over 120 countries and its internationally recognized cigarette brands include
Winston, Camel, Mild Seven and Benson & Hedges. With diversified operations, JT is
also actively present in pharmaceuticals and foods. The company’s adjusted net sales
excluding tax(*) were ¥1.956 trillion (US$23,531 million(**)) in the fiscal year ended
March 31, 2011.
* Adjusted net sales excluding tax on a consolidated basis do not include revenue from the imported
tobacco, domestic duty free, the China Division and other peripheral businesses in the Japanese
domestic tobacco business. Nor does it include revenue from distribution, leaf tobacco, private label,
contract manufacturing and other peripheral businesses in the international tobacco business.
**Translated at the rate of ¥83.15 per $1, as of March 31, 2011
Contacts: Hideyuki Yamamoto, General Manager
Mahoko Tsuchiya, Manager
Media and Investor Relations Division
Japan Tobacco Inc.