Morito Co., Ltd. Announces Dividend for the Year 2016, Payable on February 24, 2017; Provides Dividend Guidance for the Second Quarter of Fiscal Year 2017; Provides Dividend Guidance for the Year 2017
January 12, 2017
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Morito Co., Ltd. announced dividend of ¥17.00 per share against ¥14.50 per share a year ago, for the year 2016. The dividend will be payable on February 24, 2017.
The company expects to pay second quarter dividend of ¥14.00 per share against ¥8.00 per share.
For the year 2017, the company expects to pay dividend of ¥28.00 per share against ¥17.00 per share a year ago.
MORITO CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of materials for daily living. Through its subsidiaries and associated company, the Company is engaged in the manufacture and sale of clothing materials, and living materials for transportation equipment, video equipment, stationery, office automation (OA) equipment and others, the retail of living-related products through home centers, department stores and retail stores, as well as the rental, sale and cleaning of kitchen equipment. The Company is also engaged in the operation of rental factory, and sale of automotive interior accessories and apparel accessories.
Morito Co., Ltd. Announces Dividend for the Year 2016, Payable on February 24, 2017; Provides Dividend Guidance for the Second Quarter of Fiscal Year 2017; Provides Dividend Guidance for the Year 2017