Epson 2014 Annual Report Download - page 42

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Interim dividend
The Company’s Articles of Incorporation allow the Company to declare an interim dividend with a date of
record of September 30 every year by resolution of the board of directors. This provides the Company with
flexibility in paying dividends to shareholders.
(11) Special resolution requirements of the General Shareholders’ Meeting
The Company’s Articles of Incorporation set forth the requirements for a special resolution of the general
shareholders’ meeting stipulated in Article 309, Paragraph 2, of the Japanese Companies Act as a two-thirds
majority vote by at least one third of shareholders with voting rights. This policy is intended to ensure the
smooth operation of the general shareholders’ meeting by relaxing the quorum requirements for special
resolutions at the general shareholders’ meeting.
2. Details of audit remuneration
(1) Remuneration for audits by certified public accountants
(Millions of yen)
Category
Previous fiscal year
Fiscal year under review
Remuneration for
audit certification
work
Remuneration for
non-audit work
Remuneration for
audit certification
work
Remuneration for
non-audit work
Filing company
147
59
197
13
Consolidated
subsidiaries
69
12
67
4
Total
217
71
264
17
(2) Other important remuneration
Previous fiscal year
Total payments for audits carried out on behalf of 66 consolidated overseas subsidiaries by auditing
certified public accountants belonging to the Ernst & Young network for the fiscal year ended March 31,
2013, amounted to ¥407 million.
Fiscal year under review
Total payments for audits carried out on behalf of 64 consolidated overseas subsidiaries by auditing
certified public accountants belonging to the Ernst & Young network for the fiscal year ended March 31,
2014, amounted to ¥564 million.
(3) Non-audit work performed by auditing certified public accountant at filing company
Previous fiscal year
Remuneration paid for non-audit work performed by the auditing certified public accountant was for
consultancy services in IFRS.
Fiscal year under review
Remuneration paid for non-audit work performed by the auditing certified public accountant was for
consultancy services in IFRS.
(4) Governing policy for auditor remuneration
This does not apply because remuneration for auditing services is determined according to the nature of the
audit work.
41