Meito Sangyo Co., Ltd. Provides Dividend Guidance for the Second Quarter Ending September 30, 2023, and the Year Ending March 31, 2024
May 12, 2023 at 09:20 am
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Meito Sangyo Co., Ltd. provided dividend guidance for the second quarter of fiscal 2024 and for the year ending March 31, 2024. For the second quarter, the company expects a dividend of ¥13.00 per share against ¥13.00 per share paid a year ago.
For the year ending March 31, 2024, the company expects a dividend of ¥13.00 per share against ¥13.00 per share paid 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.