Relia, Inc.

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Dividend Policy

Dividend Policy

Our dividend policy is 45% consolidated dividend payout ratio calculated after excluding amortization of goodwill related to the acquisition of Inspiro Relia, Inc. and Infocom Technologies, Inc. The company will flexibly review the dividend policy in the event of major changes in the business environment.

DPS/Payout ratio

DPS/Payout ratio
  • Payout ratio (adjusted) = DPS / adjusted EPS (profit before amortization of goodwill / (number of shares issued at the end of the period − number of treasury stock at the end of the period))

Amortization of goodwill used to calculate profit before amortization of goodwill includes goodwill impairment loss recorded in FY2018