Honda 2012 Annual Report Download - page 13

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In a world of rising environmental awareness that is undergoing rapid, structural eco-
nomic change, people are showing a stronger preference for quality products with well-
established brand identities. Further, consumers across the globe are demanding better
products at more affordable prices. Honda is committed to “creating products that max-
imize the joy of customers with speed, affordability and low CO2 emissions.” We plan to
intensify efforts to realize this goal as quickly as possible.
Returning Profits to Shareholders
Honda strives to conduct its business in countries around the world from a global perspec-
tive as it endeavors to increase its corporate value. We consider the return 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 consolidated earnings
performance over the long term. Honda also repurchases its own shares in an appropriate
and timely manner with the goal of implementing a flexible capital structure policy.
For the fiscal year ended March 2012, Honda set a year-end cash dividend of ¥15 per
share, bringing total cash dividends applicable to the fiscal year to ¥60. This annual
dividend includes ¥15 per share dividends for the first, second and third quarters.
For the fiscal year ending March 31, 2013, we plan to pay quarterly dividends of ¥19 per
share, for an annual dividend of ¥76 per share, ¥16 higher than for the fiscal year ended March
31, 2012. We will continue to do our utmost to meet the expectations of our shareholders.
Honda is a company where each and every officer and associate aspires to realize
the dream of providing joy to Honda customers. We are a company that seeks to realize
a more prosperous future by constantly pursuing progress and growth through the
opening up of new frontiers. We strive “to be a company that society wants to exist”
and will continue to draw upon “The Power of Dreams” as we seek to meet and exceed
the expectations of society, and bring joy, inspiration and satisfaction to our customers
through the creation of advanced technologies and products.
We look forward to the continued and long-term understanding and support of our
shareholders and other investors.
June 21, 2012
Takanobu Ito
President & Chief Executive Officer
Honda Motor Co., Ltd. 11