Topy Industries, Limited Revises Dividend Forecast for Year Ended March 31, 2023
May 18, 2023 at 08:30 am
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Topy Industries, Limited will upwardly revise the dividend forecast to ¥68 per share for Year Ended March 31, 2023. As a result, the annual dividend forecast will be ¥88 per share.
TOPY INDUSTRIES, LIMITED is an automobile and industrial machinery parts manufacturing company. The Company operates in three segments. The Steel segment is engaged in the manufacture of steel products by using electrical furnace, and the production and sale of rolled steel products including wide flange beams, standard shaped steel and deformed bars. The Automobile and Industrial Machinery Parts segment is engaged in the provision of automotive steel wheels, aluminum wheels, steel wheels for construction machinery, stamping products for automotive, industrial fasteners and industrial machine parts including undercarriage components of power shovels and bulldozers, and cutting edge of motor graders. The Power Generation segment is engaged in the power generation business and the wholesale of power. The Company is also engaged in the provision of sign systems, synthetic mica and crawler robots, civil engineer and construction business, the leasing of real estates and others.