Financial Results - For the FYE March 2016 -
1. Overview for FYE March 2016
STEP UP 17
FYE March 2016, 1st Year of STEP UP 17, Greatly Exceeds Targets
FYE March 2016 Greatly Exceeds Targets
Free Cash Flows Increased Significantly, and We Increased Dividends
2. Initiatives to Address Issues
3. Meiji's Approach to Realizing Sustainable Growth
100 YEARS YOUNG
Full-year free cash flows were 95.3 billion yen
-Increased income and cash inflow from sale of real estate, Solid Square Bldg. in Kawasaki city
-Capital expenditures – 42.3 billion yen
New Aichi plant construction and investment in line extension for functional yogurt
Cash allocated for increasing dividends and lowering interest-bearing debt.
Full-year per share dividends of 180 yen, based on pre-split number of shares
ROE of 13.2% excluding income from sale of Solid Square Bldg.