Takachiho Koheki Co.,Ltd. Proposes Dividend for the Fiscal Year Ended March 31, 2024, Effective June 27, 2024; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2025
May 10, 2024 at 07:30 am
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Takachiho Koheki Co.,Ltd. announced that at the board of directors meeting held on May 10, 2024, the company resolved to pay dividends from surplus with a record date of March 31, 2024, as follows. The matter will be submitted to the 73rd Ordinary General Meeting of Shareholders scheduled to be held on June 26, 2024. Outline of Dividends (year-end dividends): Dividend per share is JPY 105.00. Total dividend amount is JPY 960 million. Effective date is June 27, 2024. The company paid dividend of JPY 109.00 per share for the fiscal year ended March 31, 2023. Reason: In the Medium-term Management Plan 2022-2024, the Company's basic policy is to maintain a dividend payout ratio of 100% until ROE achieves 8% on average over three fiscal years. This policy is intended to improve capital profitability and the balance sheet, taking into account the overall financial soundness of the company. Based on this policy, the company has decided to pay a year-end dividend of JPY 105 per share for the fiscal year ended March 31, 2024, an increase of JPY 21 from the most recent dividend forecast, in light of the business results for the fiscal year under review. Combined with the interim dividend of JPY 53 per share, the annual dividend per share will be JPY 158, an increase of JPY 25 from the previous year.
For the fiscal year ending March 31, 2025, the company expects to pay dividend of JPY 102.00 per share compared to JPY 105.00 per share a year ago.
TAKACHIHO KOHEKI CO., LTD. is a Japan-based company engaged in the search and development of technology products, the import and export business of products, as well as the installation, maintenance and system design of products. The Company operates through two business segments. The System segment is engaged in the provision of consulting service, system design service, system operation service, as well as installation and maintenance service of system equipment mainly for security products. This segmentâs products include security products, such as advanced fire protection systems, other solution products including network equipment, and customer service products. The Device segment is mainly engaged in the sale and consultation of products, such as semiconductors and mechanical parts. This segmentâs products include electronic products, such as semiconductors, electronic components and industrial products, such as slide rails, gas springs and keys.
Takachiho Koheki Co.,Ltd. Proposes Dividend for the Fiscal Year Ended March 31, 2024, Effective June 27, 2024; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2025