Dividends and Shareholder Benefit Program
We offer a special benefit program for shareholders twice a year to the parties listed in the shareholder registry at the date of right allotment.
The Leopalace21 Group acknowledges that the distribution of profit to shareholders is an important management issue. In consideration of recent performance and its earnings forecasts for the fiscal year, we have decided to propose payment of a year-end dividend of 10.00 yen in FY16/3, the first dividend in seven years. Concerning the dividend payout ratio, we will set a medium-term goal of 30% (in respect to consolidated net income), in addition to maintaining a stable dividend.
For the fiscal year ending March 2017, we plan a dividend of 22 yen per share (mid-term dividend of 10 yen already paid).
|Payout ratio (%)|
|FY March 2009||30||－||30||47.2|
|FY March 2010||－||－||－||－|
|FY March 2011||－||－||－||－|
|FY March 2012||－||－||－||－|
|FY March 2013||－||－||－||－|
|FY March 2014||－||－||－||－|
|FY March 2015||－||－||－||－|
|FY March 2016||－||10||10||13.4|
|FY March 2017 Plan||10||12||22||31.3|
Shareholders' benefit program
Leopalace21's benefit program for shareholders is aimed at informing more shareholders of the Leopalace21 Group's products and services and increasing the number of people who own Leopalace21 shares over long periods. The benefit program is available to all persons stated or recorded on Leopalace21's shareholder registry as of September 30 and March 31 of each year who own one unit (consisting of 100 shares) or more of Leopalace21 shares.
Details of the benefit program for shareholders
|Free accommodations at the Leopalace Resort Hotel in Guam and a 50 percent discount on accommodations at Leopalace hotels in Japan (100 or more shares)
||Shareholders can use one complimentary ticket per night in one hotel room.|
|Discounts on expenses for occupying rental properties managed by Leopalace21 (300 or more shares)
||Leopalace21 offers discounts on the initial costs that shareholders must pay to occupy rental properties under its management.|
|Discounts on expenses associated with construction work undertaken by Leopalace21 Corporation or Morizou Co., Ltd. (300 or more shares)
||Leopalace21 offers discounts on expenses for construction work for the building body undertaken by itself or construction work for custom-built houses ordered through Morizou, its affiliate.|
|Number of shares owned and the period of ownership||Free accommodation ticket usable at the Leopalace Resort Hotel in Guam
||50 percent discount accommodation ticket usable at Leopalace hotels in Japan
|Fewer than three years||At least three years||Fewer than three years||At least three years|
|100 to 299 shares||2 tickets||3 tickets||2 tickets||3 tickets|
|300 to 499 shares||2 tickets||3 tickets||2 tickets||3 tickets|
|500 to 999 shares||2 tickets||3 tickets||2 tickets||3 tickets|
|1,000 or more shares||2 tickets||3 tickets||8 tickets||12 tickets|
|Number of shares owned and the period of ownership||Discount ticket usable for expenses for occupying a rental property managed by Leopalace21
* Discounts stated on the second line
|Discount ticket usable for construction work that Leopalace21 performs on buildings proper
* Discounts stated on the second line
|Discount ticket usable for construction work that Morizou Co., Ltd. performs on buildings proper
* Discounts stated on the second line
|Fewer than three years||At least three years||At least one year||At least one year|
|100 to 299 shares||－||－||－||－|
|300 to 499 shares||1 tickets
0.3% of the price of contracted construction work
|500 to 999 shares||1 tickets
0.5% of the price of contracted construction work
|1,000 or more shares||1 tickets
1.0% of the price of contracted construction work
- * Discounts expanded anew, namely, discounts on expenses for occupying rental properties managed by Leopalace21 and discounts on expenses for contracted construction work, apply to shareholders who have owned Leopalace21 shares for at least one year.
|Free accommodation ticket usable at the Leopalace Resort Hotel in Guam||50 percent discount accommodation ticket usable at Leopalace hotels in Japan|
|Base date||Shareholders stated or recorded in the shareholder registry as of March 31 and September 30 of each year|
|Term of validity||September 1 to the last day of February as of March 31/March 1 to August 31 as of September 30|
|Discount ticket usable for expenses for occupying a rental property managed by Leopalace21||Discount ticket usable for construction work that Leopalace21 performs on buildings proper||Discount ticket usable for construction work that Morizou Co., Ltd. performs on buildings proper|
|Base date||Shareholders stated or recorded in the shareholder registry as of March 31 of each year|
|Term of validity||August 1 to July 31 of the following year as of March 31|
- * Shareholders corresponding to shareholders for three years or longer are people who have been stated or recorded in the Leopalace21 shareholder registry as of March 31 (end of the fiscal year) and September 30 (interim point) of each year for at least the past seven consecutive times under the same shareholder number and have owned a prescribed number of Leopalace21 shares at any point during the sustained period of their share ownership. The base date immediately after a change in the shareholder number becomes the starting point for calculation in cases where a shareholder number is changed for reasons including inheritance and removal from the shareholder registry.
Facilities subject to the program
You will be able to use Leopalace Resort in Guam and Leopalace hotels. Leopalace Resort Hotel in Guam manages sports facilities such as golf courses and baseball fields, as well as hotels and condominiums. Leopalace hotels are situated across Japan in 4 locations.
Leopalace Resort in Guam
Leopalace Resort in Guam, which is integrated with the natural beauty of Guam and a variety of leisure facilities, is a tropical paradise you can only dream of. Please enjoy the exquisite atmosphere created by first-class interiors such as furniture and carpets, hand-picked not by a fad but by genuine elegance.
Leopalace hotels offer you comfortable stays. A total of 4 hotels are located in Sapporo, Sendai, Nagoya, and Hakata. We will provide services so our customers may further enjoy their stay.
Hotel Belvedere (Guam)
A fully-equipped hotel with 208 rooms!
Hotel Leopalace Sapporo
Prime location situated in the heart of Sapporo's downtown
Hotel Leopalace Sendai
Prime location, just a 5 minute walk from Sendai Station
Hotel Leopalace Nagoya
Urban-style exterior design
Hotel Leopalace Hakata
A polished and stylish design, just a 3 minute walk from Hakata Station, Chikushi exit
Leopalace21 sends complimentary tickets to its shareholders in the mail together with documents, such as the notices of resolutions at Ordinary General Shareholders' Meetings and interim business reports.
- * Leopalace21 is unable to send complimentary tickets to shareholders whose addresses are located overseas.
Please ask your securities company about methods for receiving complimentary tickets if you live abroad.
Points to note regarding the use of complimentary tickets
- Leopalace21 does not allow shareholders to use any complimentary ticket in combination with its other discount programs, such as campaigns.
- Leopalace21 does not reissue any complimentary ticket due to conditions such as theft, loss and disappearance.