Honda 2010 Annual Report Download - page 13

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Honda strives to conduct its business from a global
perspective and to increase its corporate value. We
consider the allocation of profits to shareholders to be
one of our most important management responsibilities.
Our basic policy for dividends is to make distributions after
taking into account our long-term consolidated earnings
performance. Honda also acquires its own shares with
optimal timing with the goal of improving the efficiency of
its capital structure.
For fiscal 2010, Honda set a year-end cash dividend
of ¥12 per share, bringing total cash dividends for the
fiscal year to ¥38 per share. This dividend comprised ¥8
per share for the first quarter, ¥8 per share also for the
second quarter, ¥10 per share for the third quarter and
the year-end dividend of ¥12 per share.
For the fiscal year ending March 31, 2011, we are
scheduled to pay quarterly dividends of ¥12 per share, or
¥48 per share for the full year, which will be ¥10 higher
than in fiscal 2010. We will continue to do our utmost to
meet the expectations of our shareholders.
Honda is a company where each and every member
of management and the organization works to realize
the dream of providing joy to Honda customers by setting
challenging objectives focused on innovation and creating
new value. We call this “The Power of Dreams.”
Our overriding desire is to be a company that society
wants to exist. In the years to come, as in years past, we
will continue to meet the challenges of innovation and
creativity to give our customers enjoyment, inspiration
and satisfaction, while responding to the expectations of
society, including reducing the impact of our products and
operations to the global environment.
We look forward to the continued understanding and
support of our shareholders and other investors for the
long term.
June 24, 2010
Takanobu Ito
President & Chief Executive Officer
Returning Profit to Shareholders
11