Tokuden Co., Ltd. Provides Year End Dividend Guidance for the Year Ending March 31, 2024
May 15, 2023 at 07:00 am
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Tokuden Co., Ltd. provided year end dividend guidance for the year ending March 31, 2024. For the year end, the company expected dividend of JPY 18 per share compared to JPY 28 per share a year ago.
TOKUDEN CO., LTD. is a company engaged in the welding and welding-related businesses. The Company operates in two segments. The Works segment is involved in the welding of manufacturing machinery for the steel making, petrochemical, cement, home electrical appliance, automobile and food industries, as well as facility maintenance-related welding for the steel and non-ferrous metal industries. The Welding Materials segment purchases, manufactures and sells special welding materials, including flux wires, coated electrodes, various wire rods and pulverized materials. The Company is also involved in the sale of aluminum die-casting machine parts, including plunger sleeves, sprue bushes, plunger chips and ladles for automotive industry, the manufacture and sale of deodorization equipment, forced-air cooling apparatus.