OREANDA-NEWS. Tokio Marine Holdings, Inc. announced today that its board of directors on May 20, 2016 adopted the following resolution regarding the distribution of surplus with a record date of March 31, 2016.

The Company intends to make the following proposal for the distribution of surplus at the 14th Ordinary General Meeting of Shareholders to be held on June 27, 2016.

The Company regards the distribution of profits to shareholders as one of its most important management tasks, focuses on improving its ability to do so, and will seek to increase dividends by improving profitability. With regard to dividends for the fiscal year ended March 31, 2016, in light of the Company’s policies and the business results for the fiscal year, the Company resolved to pay a year-end cash dividend in the amount of 57.5 yen per share. Together with the interim dividend of 52.5 yen per share, the annual amount of dividends will be 110 yen per share. This is an increase of total annual cash dividends of 15 yen per share from 95 yen per share for the previous fiscal year.