SPARX Group Co., Ltd. Revises Dividend Guidance for the Fiscal Year Ending on March 31, 2017
January 30, 2017 at 04:00 pm
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SPARX Group Co. Ltd. announced that the board of directors has resolved at its meeting held on January 30, 2017 to revise a year-end expected dividend per share for the fiscal year ending on March 31, 2017. After having made a comprehensive review at this time of the financial condition and future business performance and although the company announced that the dividend forecast for the year ending March 2017 was undecided, the group has decided to revise a year-end expected dividend to JPY 4.00 per share for the year, which is the same amount as that of the previous fiscal year. This matter shall be officially determined and the dividends will be paid out subject to the approval of the resolution of the 28th general shareholders' meeting that is scheduled to be held in June 2017.
SPARX Group Co., Ltd. is a Japan-based holding company mainly engaged in the asset management business. The Company is engaged in the asset management business for clients, including corporate pension annuities, government entities, private and trust banks and public pension funds; the provision of investment advisory services; the operation of mutual fund business, which includes the provision of various mutual funds to financial institutions and individual investors directly or through brokerage houses, banks and other intermediaries in Japan, Europe and the United States, as well as the securities business, including the provision of advisory services for investors. Through its subsidiaries, the Company is also engaged in the research and operation of foreign stocks, including Japanese, Korean and other Asian stocks.
SPARX GROUP CO., LTD. 
