We hereby notify you that PROTO CORPORATION has decided to revise the forecasted annual dividend for the current term at the Board of Directors meeting held on August 22, 2011.
1. Reason for the revision to the forecasted dividend
PROTO considers that it is important business management issue to distribute profits to shareholders while strengthening the management base. So PROTO’s bacis policy is to distribute profits to shareholders by comprehensively considering the continuous and stable dividend payment and the enrichment of retained earnings, etc. for the future growth.
We will keep this basic policy. But, as we would like to express our thanks to shareholders because we can commemorate the 10th anniversary of listing in September this year and the performance for the first quarter of the fiscal year ending March 2012 (announced on July 28, 2011) was healthy, we have decided to revise the forecasted annual dividend for the current term, in order to showing our attitude of emphasizing the distribution of profits to shareholders.
2. Contents of the revision