Company name:
Representative:
Code number:Contact:

Mitsubishi Tanabe Pharma Corporation
Masayuki Mitsuka
President and Representative Director
4508, First Section, Tokyo Stock
Exchange
Yoshifumi Mifune, General Manager
TEL:+81-6-6205-5211

Notice of Dividend of Retained Earnings

Mitsubishi Tanabe Pharma Corporation (hereinafter ”the Company”) announced today that theCompany resolved to pay dividend of retained earnings, of which the record date is March 31, 2017at the board of directors held on May 10, 2017 as follows. And, this will be determined by theresolution at the tenth annual general meeting of shareholders scheduled on June 21, 2017
The Company announced as well that it will distribute commemorative dividend in the interim
dividend of FY2017 to celebrate its 10th anniversary.
I. Dividend of FY2016
1. Description of Dividend of Retained Earnings

Determined amount

Latest dividend
forecast（announced onFebruary 6, 2017）

Results of PreviousYear
ended March, 2016

Record date

March 31, 2017

March 31, 2017

March 31, 2016

Dividend per share

JPY 28.00

JPY 24.00

JPY 24.00

Total the dividend

JPY15,707million―

JPY13,463 million

Effective dateJune 22, 2017―

June 23, 2016

Dividend resource

Retained earnings―

Retained earnings

2. Reason for Dividend of Retained Earnings
The Company’s basic policy calls for enhancing the return to shareholders in a stable, ongoingmanner while striving to increase corporate value through aggressively implement of strategic
business investment and research and development investment.
In FY2016, domestic sales of high-priority products contributed, however, those negative impacts,
such as NHI drug price revision, decrease of sales of long-listed products, increase of start-up
expenses in the US market and lump-sum revenue earned in the previous year, reduced coreoperating profit comparing to that of previous year. On the other hand, non-recurring items
improved drastically since main restructuring projects proceeded smoothly, operating profit
increased and net income attributable to owners of the Company hits record high. In
consideration of this performance and of the basic policy for shareholder return, the Company
increased the per-share year-end dividend for FY 2016 by ¥4, to ¥28. Consequently, including theinterim dividend of ¥24, the per-share annual divided is ¥52, increased by ¥6 per share.

II. Estimation of Dividend for FY2017
The Company will mark its 10th anniversary on October 1, 2017 and we sincerely appreciate
support from stockholders and other parties involved in our business. The Company plans to
distribute commemorative dividend of ¥10.00 on interim dividend for FY2017, in expressing
appreciation to its shareholders. The amount of annual dividend will therefore be ¥66 per share,including ordinary dividend in FY2017.
（Description of Dividend of Retained Earnings）
Dividend per share
End of 2ndYear-endAnnualOrdinary ¥ 28.00
Commemorative¥10.00( total: ¥38.00）

Ordinary¥ 28.00( total: ¥28.00）

Ordinary ¥56.00
Commemorative ¥10.00( total: ¥66.00）

Results of
FY2016

Ordinary ¥24.00( total: ¥ 24.00）

Ordinary ¥28.00( total: ¥28.00）

Ordinary ¥52.00( total: ¥52.00）

Results of
FY2015

Ordinary ¥22.00( total: ¥22.00）

Ordinary ¥ 24.00( total: ¥24.00）

Ordinary ¥46.00( total: ¥46.00）

FY2017(Estimation)quarterEnd