J. Front Retailing Co., Ltd. Announces Dividend for the Second Quarter-End of the Fiscal Year Ending February 29, 2024, Payable on November 13, 2023 and Provides Dividend Guidance for the Fiscal Year Ending February 29, 2024
October 10, 2023 at 02:00 am EDT
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J. Front Retailing Co., Ltd. announced dividend of JPY 16.00 per share for the second quarter-end of the fiscal year ending February 29, 2024 against JPY 15.00 per share paid a year ago. Scheduled date to commence dividend payments is November 13, 2023.
The company provided dividend guidance for the fiscal year ending February 29, 2024. For the year-end, the company expects to pay dividend of JPY 17.00 per share against JPY 16.00 per share paid a year ago.
J.Front Retailing Co., Ltd. is a holding company organized around 4 areas of activity:
- operation of department stores (57.4% of net sales): distribution of clothes, food products, household items, etc.;
- operation of commercial centers (15.6%);
- real estate development and management (12.3%);
- issuance and management of credit cards (2.2%);
- other (12.5%): wholesale distribution of electronic products, food products, construction materials, textile products, etc., design and manufacturing of furniture, direct marketing services, real estate leasing, etc.
J. Front Retailing Co., Ltd. Announces Dividend for the Second Quarter-End of the Fiscal Year Ending February 29, 2024, Payable on November 13, 2023 and Provides Dividend Guidance for the Fiscal Year Ending February 29, 2024