Daido Steel Co., Ltd. Provides Dividend Guidance for the Second Quarter and Full Year of Year Ending March 31, 2023
July 29, 2022 at 05:00 am
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Daido Steel Co., Ltd. provided dividend guidance for the second quarter and full year of year ending March 31, 2023. For the period, the company expects to pay dividend of JPY 80.00 per share against JPY 80 per share paid a year ago.
For the year, the company expects to pay dividend of JPY 100.00 per share.
Daido Steel Co., Ltd. is a steel manufacturing company operating in five business segments. The Specialty Steel segment is engaged in the manufacture, inspection and sale of specialty steel and secondary products, as well as the procurement of materials. The Functional and Magnetic Materials segment offers functional and electronic materials, high-alloyed products and rare-earth magnetic products. The Automobile and Industrial Machinery Parts segment mainly offers shaped forgings, precision hot forgings, open die forgings and steel machinery products for trucks, compression equipment, hydraulic equipment and machine tool parts. The Engineering segment offers steel equipment, environmental equipment and others. The Distribution and Services segment is engaged in the real estate business, the insurance businesses, the operation of golf courses and hotels, as well as the sale of information systems.
DAIDO STEEL CO., LTD. 
