
Dividend Policy
Telepark has always aimed to achieve above a 30% level of dividend payout ratio, and reached 36% for the fiscal year ended March 2007.
We are targeting at 36.6% for the fiscal year ending March 2008 being committed 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.
| '03 March |
'04 March |
'05 March |
'06 March |
'07 March |
'08 March (Forcast) |
|
|---|---|---|---|---|---|---|
| Adjusted Dividend per Share (Yen) |
1,626 | 2,500 | 4,500 | 3,750 | 4,500 | 5,000 |
| Dividend Payout Ratio(%) | 29.7 | 30.8 | 27.8 | 35.0 | 36.0 | 36.6 |










