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73
Annual Report 2007
The Japanese Corporation Law stipulates requirements on distributions of retained earnings similar to those of
the Commercial Code of Japan. Under the Japanese Corporation Law, such distributions can be made at any time
by resolution of the shareholders, or by the board of directors if certain conditions are met.
Under the Japanese Corporation Law, the distributions of retained earnings for a fiscal year is made by resolu-
tion of shareholders at a general meeting to be held within three months after the balance sheet date, and accord-
ingly such distributions are recorded at the time of resolution.
The amounts of year-end cash dividend per share and interim cash dividend per share, which the Company
paid to the shareholders of record as at the respective period-ends for the years ended March 31, 2005, 2006 and
2007, were as follows:
Yen U.S. dollars
Year ended
Year ended March 31 March 31,
Cash dividend per share 2005 2006 2007 2007
Year-end ¥ 9.00 ¥13.00 ¥16.00 $0.14
Interim 13.00 16.00 16.00 0.14
Total ¥22.00 ¥29.00 ¥32.00 $0.28
The effective dates of the distribution for year-end and interim cash dividend, which was paid during the year
ended March 31, 2007, were June 26, 2006 and November 30, 2006, respectively.
The proposed cash dividend of retained earnings of the Company for the year ended March 31, 2007 approved
at the general shareholders’ meeting, which was held on June 26, 2007, was as follows:
Thousands of
Millions of yen U.S. dollars
Cash dividend ¥3,142 $26,616
Yen U.S. dollars
Cash dividend per share ¥16.00 $0.14
The effective date of the distribution is June 27, 2007.
13. Net income (loss) per share
Calculation of net income (loss) per share for the years ended March 31, 2005, 2006 and 2007 was as follows:
Thousands of
Millions of yen U.S. dollars
Year ended
Year ended March 31 March 31,
2005 2006 2007 2007
Net income (loss) attributable to common
shares ¥55,689 ¥(17,917) ¥(7,094) $(60,093)
Weighted-average number of common
shares outstanding:
—Basic 196,364,103 196,363,643 196,363,144
—Diluted —— —
Yen U.S. dollars
Net income (loss) per share:
—Basic ¥283.60 ¥(91.24) ¥(36.13) $(0.31)
—Diluted ¥—¥—¥—$—