Shinwa Co., Ltd. Announces Dividend for the Fiscal Year Ended August 31, 2023, Payable on November 17, 2023; Provides Dividend Guidance for the Second Quarter-End of Fiscal Year Ending August 31, 2024
October 20, 2023 at 04:00 am EDT
Share
Shinwa Co., Ltd. announced dividend of JPY 54.00 per share for the fiscal year ended August 31, 2023 compared to JPY 48.00 per share a year ago. The dividend is payable on November 17, 2023.
The company provided dividend guidance for the second quarter-end of fiscal year ending August 31, 2024. For the period, the company expects dividend to be JPY 50.00 per share compared to JPY 36.00 a year ago.
Shinwa Co Ltd is a Japan-based company engaged in the manufacture, sale and maintenance of production equipment and materials in the manufacturing industry. The Company operates in four regional segments. The Company is engaged in the sale of metal joints, industrial equipment, factory automation (FA) system related products, the provision of cover welding and spraying services, soldering services and maintenance works, the manufacture and sale of FA systems, as well as the logistics business, the real estate management business, the insurance agency business, and the manufacture and sale of resin products. The Company operates within the domestic market and to overseas markets, including the United States, Southeast Asia and China.
Shinwa Co., Ltd. Announces Dividend for the Fiscal Year Ended August 31, 2023, Payable on November 17, 2023; Provides Dividend Guidance for the Second Quarter-End of Fiscal Year Ending August 31, 2024