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Investor Relations

Dividend Policy

T-GAIA has always aimed to achieve above a 30% level of dividend payout ratio, and reached 37.3% for the fiscal year ended March 2011.
We commit to maintaining a high level of return on profits to our shareholders.

* Adjusted based on sprit-ups of stock implemented on January 2006 and July 2004.

'04
March		 '05
March		 '06
March		 '07
March		 '08
March		 '09
March		 '10
March		 '11
March		 '12
March
(Forecast)
Adjusted Dividend per
Share (Yen)		 2,500 4,500 3,750 4,500 5,000 5,500 6,000 5,500 6,500
Dividend Payout Ratio(%) 30.8 50.0 35.0 36.0 39.3 35.7 37.8 37.3 34.9
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