Japan Aviation Electronics Industry : Notice Regarding Revisions to the Year-End Dividend Forecast for the Fiscal Year Ended March 31, 2022
April 27, 2022 at 02:15 am EDT
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Disclaimer: This document is an English translation of the original document in Japanese and has been prepared solely for reference purposes. In the event of any discrepancy between this English translation and the original in Japanese, the original shall prevail in all respects.
April 27, 2022
To whom it may concern:
Company Name: Representative:Japan Aviation Electronics Industry, Limited
Tsutomu Onohara, President
(Securities number: 6807 Tokyo Stock Exchange Prime Market)Contact:
Kazuhiko Aoki
Associate Senior Vice President
General Manager Accounting and Financial Division
(Phone: +81-3-3780-2752)
Notice Regarding Revisions to the Year-End Dividend Forecast for the Fiscal Year Ended March 31, 2022
Japan Aviation Electronics Industry, Limited (JAE) hereby announces that at the Board of Directors' meeting held on April 27, 2022, it resolved to revise the year-end per-share dividend forecast for the fiscal year ended March 31, 2022, as indicated below.
1. Reason for the revision of the dividend forecast
JAE, focusing on the improvement of business performance, upholds the basic policy of strengthening its financial structure in the medium- to long-term and paying out stable dividends to shareholders, while taking into account capital investments and research and development investments both in Japan and overseas to ensure sustainable growth and the improvement of profits in the future.
Based on this basic policy, JAE will make the following revisions to the year-end dividend forecast for the current fiscal year, in light of business performance trends.
2. Details of the revision
Annual dividends
End of 2Q
Year-end
Total
Previous forecast
(Announced on April 27, 2021)
15 yen
30 yen
Revised forecast
20 yen
35 yen
Results for the current fiscal year
15 yen
Results for the previous fiscal year (Fiscal year ended March 31, 2021)
10 yen
15 yen
25 yen
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JAE - Japan Aviation Electronics Industry Ltd. published this content on 27 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2022 06:14:04 UTC.
Japan Aviation Electronics Industry, Limited is a Japan-based company mainly engaged in the manufacture and sale of connectors, interface solution equipment and others, as well as the purchase and sale of the other related equipment and parts. The Company operates through three business segments. The Connector segment is involved in the manufacture and sale of various connectors for use in mobile devices, automobiles, industrial machinery and infrastructure, among others. The Interface Solutions segment is involved in the manufacture and sale of automotive products, industrial machinery and infrastructure products. The Aircraft segment is involved in the production of flight control equipment, inertial navigation equipment, defense and space electronic equipment, drive equipment and sensor packages, as well as the manufacture and sale of aircraft and infrastructure and automotive products. The Company is also involved in the sale of other goods and the service business.
JAPAN AVIATION ELECTRONICS INDUSTRY, LIMITED 
