Arisawa Mfg : Notice Concerning Revision of Dividend Forecasts for the Fiscal Year Ending March 31, 2024 (Dividend Increase)(100KB)
April 16, 2024 at 04:09 am EDT
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April 10, 2024
Company name:
Arisawa Mfg. Co., Ltd.
Name of representative:
Yuta Arisawa, Representative
Director and CEO
(Securities code: 5208; TSE Prime
Market)
Inquiries:
Takeshi Masuda, Director and
Senior Managing Operating Officer
(Telephone: +81-25-524-7101)
Notice Concerning Revision of Dividend Forecasts for the Fiscal Year Ending March 31, 2024
(Dividend Increase)
Arisawa Mfg. Co., Ltd. (the "Company") hereby announces that it has decided, at a meeting of the Board of Directors held on April 10 2024, to revise its per-share dividend forecasts as described below.
1. Reason for the revision to dividend forecast
The Company regards the redistribution of profits to shareholders as one of its important management issues and has actively returned its profits to shareholders while investing funds in maintaining and expanding the revenue base of existing businesses and developing new applications. Based on this policy, the Company has revised the year-end dividend for the fiscal year ending March 31, 2024 to 40 yen per share, an increase of 15 yen from the previous forecast of 25 yen per share, taking into account the extraordinary gains from the sale of cross-shareholdings and other assets as well as its financial position.
2.
Details of revision
Annual dividends
Second quarter-end
Fiscal-year end
Total
Previous forecast
25.00 yen
45.00 yen
(Announced on May 12, 2023)
Revised forecast
40.00 yen
60.00 yen
Actual results for the
20.00 yen
current fiscal year
Actual results for the
previous fiscal year
0.00 yen
90.00 yen
90.00 yen
(Fiscal year ended March
31, 2023)
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Arisawa Mfg Co. Ltd. published this content on
16 April 2024 and is solely responsible for the information contained therein. Distributed by
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Arisawa Mfg Co Ltd is a Japan-based mainly engaged in the manufacturing and sales of electronic materials, display materials, electric insulation materials, and industrial structural materials. The Company operates through four segments. Electronic Materials segment produces materials for flexible and rigid printed wiring boards. Industrial Structural Materials segment produces filament winding (FW) moldings, aircraft honeycomb panels and prepregs, pultrusion moldings, fiber reinforced plastic (FRP) ski seats, and others. Electrical Insulation Materials segment produces glass cloth, glass tapes, and prepregs for electric insulation. Display Materials segment produces three-dimensional (3D) display filters, special optical components and others.