RNS Number:6192I
Pioneer Corporation
07 September 2006

                                                           For Immediate Release
                                                               September 7, 2006

              Pioneer Announces Interim Dividend for Fiscal 2007

TOKYO - Pioneer Corporation today announced an interim cash dividend of
Y5.0 per share of common stock for fiscal 2007, ending March 31, 2007. The
interim dividend will be paid to shareholders registered as of September 30,
2006 (JST), subject to a Board of Directors resolution at a meeting to be held
in late October 2006. The payment date in Japan has been set for December 4,
2006.



Pioneer positions its dividend policy as one of the highest management
priorities. On the basis of maintaining stable dividends, the Company sets
dividend payments appropriately in light of its financial position, consolidated
business results, and other factors.





(Dividends per Share of Common Stock)
                                                   Fiscal 2007       Fiscal 2006
Interim dividend                                       Y5.0             Y7.5
Year-end dividend                                       *               Y2.5
Total annual dividend                                   *              Y10.0

* The amount of the year-end dividend for fiscal 2007 is yet to be determined.





Cautionary Statement with Respect to Forward-Looking Statements

Statements made in this release with respect to our current plans, estimates,
strategies and beliefs, and other statements that are not historical facts are
forward-looking statements about our future performance. These statements are
based on management's assumptions and beliefs in light of the
information currently available to it. We caution that a number of important
risks and uncertainties could cause actual results to differ materially from
those discussed in the forward-looking statements, and therefore you should not
place undue reliance on them. You also should not believe that it is our
obligation to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise. We disclaim any such
obligation. Risks and uncertainties that might affect us include, but are not
limited to, (i) general economic conditions in our markets, particularly levels
of consumer spending; (ii) exchange rates, particularly between the yen and the
U.S. dollar, euro, and other currencies in which we make significant sales or in
which our assets and liabilities are denominated; (iii) our ability to continue
to design and develop and win acceptance of our products and services, which are
offered in highly competitive markets characterized by continual new product
introductions, rapid developments in technology, severe price competition and
subjective and changing consumer preferences; (iv) our ability to successfully
implement our business strategies; (v) our ability to compete, as well as
develop and implement successful sales and distribution strategies, in light of
technological developments in and affecting our businesses; (vi) our continued
ability to devote sufficient resources to research and development, and capital
expenditure;
(vii) our ability to continuously enhance our brand image; (viii) the success of
our joint ventures and alliances; (ix) the success of our business restructuring
plans; and (x) the outcome of contingencies.









Pioneer Corporation is a leading global manufacturer of consumer- and
business-use electronics products such as audio, video and car electronics. Its
shares are traded on the Tokyo Stock Exchange.



                   #       #       #       #       #       #



For further information, please contact:

Hideki Okayasu
Senior Executive Officer and General Manager, Finance and Accounting Division
Pioneer Corporation, Tokyo
Phone: +81-3-3494-1111 / Fax: +81-3-3495-4431
E-mail: pioneer_shr@post.pioneer.co.jp
IR Website: http://pioneer.jp/ir-e/


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

DIVEAXNXEDPKEEE
Paragon M. C47 (LSE:35SV)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Paragon M. C47 Charts.
Paragon M. C47 (LSE:35SV)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Paragon M. C47 Charts.