Koito Manufacturing Co., Ltd. Approves Dividend for the Second Quarter of Fiscal Year Ending March 31, 2024, Effective December 5, 2023; Revises Dividend Guidance for the Full Year of Fiscal Year Ending March 31, 2024
October 31, 2023 at 02:00 am EDT
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Koito Manufacturing Co., Ltd. announced that, at the meeting of the board of directors on October 31, 2023, it was resolved to pay dividends as appropriation of retained earnings for the record date of September 30, 2023. Also, the company revised its dividend forecasts, that has remained to be determined, for the record date on March 31, 2024, as follows. Dividends for the second quarter of fiscal year ending March 31, 2024 of JPY 25.00 per share. Total amount of dividends is JPY 7,694 million. Effective date is December 5, 2023.
For the full year of fiscal year ending March 31, 2024, the company expects to pay dividend of JPY 25.00 per share.
KOITO MANUFACTURING CO., LTD. is mainly engaged in the manufacture and sale of automotive lighting equipment, aircraft parts, railway vehicles parts, electrical equipment and measuring equipment. The Company mainly operates in six segments, including Japan, China, Asia, North America, Europe and Others. The Companyâs major products include light-emitting diode (LED) head lamps, discharge head lamps, headlights, sign lamps, high mount stop lamps, halogen bulbs, miniature bulbs and other lamp fittings, control equipment for rail vehicles, roads traffic signals, traffic control systems, roads and tunnels illumination lamps, facilities illumination lamps, accommodation equipment, aircraft parts, electronic parts, head lamps cleaners, sheets for aircraft and rail vehicles, as well as environment control equipment. The Company is also engaged in the development and manufacture of forward monitoring operation support systems for advanced driver-assistance systems (ADAS) through subsidiary.
Koito Manufacturing Co., Ltd. Approves Dividend for the Second Quarter of Fiscal Year Ending March 31, 2024, Effective December 5, 2023; Revises Dividend Guidance for the Full Year of Fiscal Year Ending March 31, 2024
KOITO MANUFACTURING CO., LTD. 
