Honda 2011 Annual Report Download - page 15

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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-impor-
tant 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 2011, Honda set a year-end cash dividend of ¥15 per share, bringing total
cash dividends for the fiscal year to ¥54 per share. This dividend comprised ¥12 per share
for the first quarter, ¥12 per share for the second quarter, ¥15 per share for the third quar-
ter and the previously mentioned year-end dividend of ¥15 per share.
For the fiscal year ending March 31, 2012, we are scheduled to pay quarterly dividends of
¥15 per share, or ¥60 per share for the full year, which will be ¥6 per share higher than in fiscal
2011. 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 organiza-
tion works to realize the dream of providing joy to Honda customers by setting challenging
objectives, aiming for progress and growth as we look toward a better future at all times
and working to open up the frontiers of the future. What we are aiming for today is “to
become a company that society wants to exist.” In the future, as in the past, Honda will
take up the challenges of advanced creativity inherent in the features and qualities that
are associated with the Honda brand by continuing to draw on “The Power of Dreams,”
respond to the expectations of society, bring joy to our customers, inspire them and give
them satisfaction.
We look forward to the continued understanding and support of our shareholders and
other investors. We are in this together, for the long term.
June 24, 2011
Takanobu Ito
President & Chief Executive Officer
Returning Profit to Shareholders
13