Meito Sangyo Co., Ltd. Provides Cash Dividend Guidance for the Fiscal Year Ending March 31, 2023
November 07, 2022 at 07:00 am
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Meito Sangyo Co., Ltd. provided cash dividend guidance for the fiscal year ending March 31, 2023. For the year, the company expects to pay dividend of JPY 13.00 per share against JPY 12.00 per share a year ago.
Meito Sangyo Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of food and chemical products, as well as the real estate business. The Company operates through three business segments. The Food segment manufactures and sells chocolate, powdered beverages, baumkuchen, jelly, ice cream, candy, cakes, nutritional foods, and others. The Chemicals segment includes rennet (coagulant for cheese), lipase (lipolytic enzyme), dextran (plasma expander, blood flow improver and others), fragrance (food additive), dextran sulfate (hyperlipidemia) Dextran magnetite (MRI contrast agent, medical equipment materials and others), mixed feed, dextran iron (animal drug), among others. The Real Estate segment in involved in the management of golf courses and the leasing of real estate.