Yume No Machi Souzou Iinkai Co., Ltd. Provides Year-End Dividend Guidance for the Year Ending August 31, 2017
August 15, 2017 at 08:00 am
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Yume no Machi Souzou Iinkai Co., Ltd. provided year-end dividend guidance for the year ending August 31, 2017. The company expects to pay year-end dividend of JPY 3.30 per share against JPY 10.00 per share for the same period a year ago. The company conducted a four-for-one stock split of its common stock, with an effective date of March 1, 2017. The figures above have taken the stock split into account. In case of the consideration of excluding the stock split, it raises to JPY 13.20 per share, an increase JPY 3.20 per share from previous year (up 32.0%). This issue is officially decided with the subject to the approval of a proposal to ordinary general meeting of shareholders scheduled to be held in November 2017.
DEMAE-CAN CO.,LTD, formerly YUME NO MACHI SOUZOU IINKAI CO., LTD., is a Japan-based company mainly involved in the operation of home delivery Websites and the mail order business. The Company operates in two business segments. The Demae-can segment is engaged in the operation and management of a delivery Website under the name Demae-can, the development of order information transmission system, the operation and management of advertisements, and the delivery agency business. The Demae-can is a virtual shopping mall specializing in home delivery services that mainly provides pizza, sushi, curry, Chinese food, fast food and other food delivery services, and stores offering home delivery services are members. The mail order segment is engaged in the mail order sale of shochu and other alcohol products, food and supplements for restaurants through call centers.