Shinwa Co., Ltd. Provides Dividend Guidance for the Second Quarter-End and Full Fiscal Year Ending August 31, 2023
January 16, 2023 at 02:00 am EST
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Shinwa Co., Ltd. provided dividend guidance for the second quarter-end and full fiscal year ending August 31, 2023. For the quarter end, the company expects to pay dividend of JPY 36.00 per share against JPY 37.00 per share paid a year ago.
For the year ending, the company expects to pay dividend of JPY 36.00 per share against JPY 48.00 per share paid 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.