Kewpie Corporation at its Board of Directors meeting to be held on January 23, 2018 will propose dividend of JPY 18.50 per share for fiscal year ended November 30, 2017 as compared to JPY 19.50 for the same period last year.

For the second quarter, the company expects dividend of JPY 19.00 per share as compared to JPY 18.00 per share a year ago.

For Fiscal year 2018, the company expects dividend of JPY 19.00 per share as compared to JPY 18.50 per share a year ago.