Musashi Seimitsu Industry Co., Ltd. Announces Dividend for Fiscal Year Ended March 31, 2021, Commence Dividend Payment Is June 23, 2021 and Provides Dividend Guidance for the Second Quarter of Fiscal Year 2022
May 11, 2021
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Musashi Seimitsu Industry Co., Ltd. announced dividend of ¥30.00 per share for fiscal year ended March 31, 2021 compared to ¥10.50 per share paid in last year. Scheduled date to commence dividend payment is June 23, 2021.
The company provided dividend guidance for the second quarter of fiscal year 2022 of ¥30.00 per share compared to ¥5.00 per share paid in last year.
Musashi Seimitsu Industry Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of automotive powertrain parts, suspension parts, steering parts, and transmission parts. The Company operates its business through five geographical segments: Japan, Americas, Asia, China and Europe. Its products are used in industries such as automobiles, machine tools, and industrial machines. Powertrain (PT) products includes planetary gear assemblies, differential gear assemblies, bevel gears, ring gears, camshafts, and balance shafts. The linkage and suspension (L&S) products include suspension arm assemblies, suspension ball joints, steering ball joints, and various joints for connection. Motorcycle products include motorcycle transmission gear assemblies, motorcycle camshafts, motorcycle kick starter components, other motorcycle drivetrain components, and general-purpose engine components.
Musashi Seimitsu Industry Co., Ltd. Announces Dividend for Fiscal Year Ended March 31, 2021, Commence Dividend Payment Is June 23, 2021 and Provides Dividend Guidance for the Second Quarter of Fiscal Year 2022
MUSASHI SEIMITSU INDUSTRY CO., LTD. 
