Nichias Corporation Declares a Dividend for the Fiscal Year Ended March 31, 2023, Payable on June 30, 2023; Provides Dividend Guidance for the End of First Half and Fiscal Year Ending March 31, 2024
May 18, 2023 at 06:00 am
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Nichias Corporation declared a dividend of JPY 46.00 per share for the fiscal year ended March 31, 2023 compared to JPY 44.00 a year ago. The dividend is payable on June 30, 2023.
The company provided dividend guidance for the end of first half and fiscal year ending March 31, 2024. For the first half, the company expects dividend to be JPY 48.00 per share compared to JPY 46.00 per share a year ago.
For the fiscal year, the company expects dividend to be JPY 48.00 per share compared to JPY 46.00 per share a year ago.
Nichias Corp is a Japan-based company principally engaged in the manufacture and sale of heat insulating and sealing materials for plants and housing, fluororesin products, filter products and others. The Company operates in five segments. The Construction and Sales for Plants segment is engaged in the construction and maintenance of hot insulation works, fire-retardant works, soundproofing works and disaster prevention works. The Industrial Products segment is engaged in the provision of gasket packing, fluorine resin products, heat insulating materials and filters. The Advanced Product segment offers pipes and machinery for handling heat, liquid chemicals and gas. The Automobile Parts segment offers cylinder head gaskets and other parts. The Construction Material segment offers noncombustible matters and adiabatic materials.
Nichias Corporation Declares a Dividend for the Fiscal Year Ended March 31, 2023, Payable on June 30, 2023; Provides Dividend Guidance for the End of First Half and Fiscal Year Ending March 31, 2024