Olympus 2007 Annual Report Download - page 48

46 OLYMPUS 2007
The maximum amount that the Company can distribute as dividends is calculated based on the non-consolidated financial statements of
the Company in accordance with Japanese laws and regulations.
Total number and class of shares issued and treasury stock
As of the end of the Increase in the Decrease in the As of the end of the
Class of Shares previous consolidated current fiscal current fiscal current consolidated
fiscal year year year fiscal year
(Number of shares) (Number of shares) (Number of shares) (Number of shares)
Shares issued
Common stock ....................................................................... 271,283,608 — — 271,283,608
Total .................................................................................... 271,283,608 — — 271,283,608
Treasury Stock
Common stock (Note 1) .......................................................... 856,534 105,271 — 961,805
Total .................................................................................... 856,534 105,271 — 961,805
Note
1. Increase in number of shares in common stock of treasury stock, 105,271 shares is due to the purchase of stock less than unit share.
Dividends
Dividend paid
Amount of Dividend
Resolution dividend paid per share
Class of shares (Millions of yen) (Yen) Record Date Effective date
General Shareholders’ Meeting (June 29, 2006) ......... Common Stock ¥3,921 ¥14.50 March 31, 2006 June 30, 2006
Board of Directors (November 7, 2006) .................... Common Stock ¥2,974 ¥11.00 September 30, 2006 December 8, 2006
Dividends resolved upon during the current period that will be effective after the period-ends
Amount of Dividend
Resolution dividend paid Funds of per share
Class of shares (Millions of yen) distribution (Yen) Record Date Effective date
General Shareholders’ Meeting (June 28, 2007) .... Common Stock ¥6,488 Retained earnings ¥24.00 March 31, 2007 June 29, 2007
Amount of
Resolution dividend paid Dividend
(Thousands of per share
Class of shares U.S. dollars) (U.S. dollars) Record Date Effective date
General Shareholders’ Meeting (June 29, 2006) ............... Common Stock $32,675 $0.12 March 31, 2006 June 30, 2006
Board of Directors (November 7, 2006) ............................ Common Stock $24,783 $0.09 September 30, 2006 December 8, 2006
Dividends resolved upon during the current period that will be effective after the period-ends
Amount of
Resolution dividend paid Dividend
(Thousands of Funds of per share
Class of shares U.S. dollars) distribution (U.S. dollars) Record Date Effective date
General Shareholders’ Meeting (June 28, 2007) .... Common Stock $54,067 Retained earnings $0.20 March 31, 2007 June 29, 2007
14. CONTINGENT LIABILITIES
The Company and its consolidated subsidiaries were contingently liable for notes and bills discounted of ¥3,179 million ($26,492 thousand)
and ¥3,485 million as of March 31, 2007 and 2006, respectively endorsed of ¥179 million ($1,492 thousand) and ¥216 million as of March
31, 2007 and 2006. The Company and its consolidated subsidiaries were also contingently liable as guarantors of borrowings, primarily for
housing loans to employees, amounting to ¥391 million ($3,258 thousand) and ¥472 million, and secondly for borrowing from banks to sub-
sidiaries, amounting to ¥1,928 million ($16,067 thousand) and ¥1,322 million as of March 31, 2007 and 2006.
15. TRADE NOTES MATURING ON BANK HOLIDAYS AT THE END OF YEAR
As financial institutions in Japan were closed on March 31, 2007, trade notes maturing on March 31, 2007 were accounted for as if they were
settled at that date.