Dividend Information

Dividend Information

Dividend Policy

Regarding dividends, the Company sets its basic policy to carry out active redistribution of profits while placing the highest priority on paying stable dividends, by comprehensively reviewing the Company’s business performance and level of retained earnings. The Company has set a payout ratio target of 30% or more of net profit for the year attributable to owners of the parent and pays interim and year-end dividends of surplus.
In order to minimize the impact of events such as the declaration of a state of emergency nationwide due to the spread of COVID-19 and the decision to postpone the Tokyo Olympic and Paralympic games on the Company’s business activities, the Company has made efforts including reduction of costs, review of plans for capital investment, and optimization of balance sheets. However, generally taking into account our profit level and actual cash flows for the fiscal year under review, we have decided not to pay an interim dividend and paid 25 yen per share for the year-end dividend.
With the aim of placing the highest priority on stable dividends, the Company forecasts its annual dividend for the fiscal year ending December 2021 to recover to 50 yen, with an interim dividend of 25 yen and a year-end dividend of 25 yen per share, equivalent to those of the fiscal year ending December 2019.

Per Share Dividends (JPY)

  Interim Year-end Full-year
Dec. 31,2018 25 25 50
Dec. 31,2019 25 25 50
Dec. 31,2020 0 25 25
Dec. 31,2021 (Forecast) 25 25 50

Coca-Cola West/Coca-Cola East Japan Dividend Information Archive