content_image/249095.jpg content_image/249096.jpg content_image/249097.jpg content_image/249098.jpg
## 26. DiviDenDs 

For the year ended 31 March 2013 

(1) Dividends paid 

<img src='content_image/249095.jpg'>

(2) Dividends whose record date is in the fiscal year ended 31 March 2013 but whose effective date is in the following fiscal year are as follows: 

<img src='content_image/249096.jpg'>

## For the year ended 31 March 2014 

(1) Dividends paid 

<img src='content_image/249097.jpg'>

(2) Dividends whose record date is in the fiscal year ended 31 March 2014 but whose effective date is in the following fiscal year are as follows: 

<img src='content_image/249098.jpg'>

## 27. share-BaseD payMent 

## (1) Outline of share option plans 

The Company adopts share option plans and grants share options to directors and corporate executives of the Company. The purpose of share option plans is to improve the sensitivity to the share price and the Group’s financial results and also increase the value of the Group by motivating the members to whom share options are granted. 

After obtaining approval at the meeting of shareholders, options are granted as subscription rights to shares to individuals approved at the Company’s board of directors meeting. 

Under the plans, each share option entitles the recipient to acquire 100 ordinary shares at an exercise price equal to 1 yen (3,690 and 3,209 yen before 2004) per share. 

Directors and corporate executives to whom the share sub- scription rights are granted can exercise their share subscrip- tion rights only from the following day of their resignation. Share options not exercised during the exercise period defined in the allocation contract will be forfeited. 

