Toyo Tanso Co., Ltd. Revises Dividend for the Year 2023; Provides Dividend Guidance for the Year 2024
February 14, 2024 at 01:30 am EST
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Toyo Tanso Co., Ltd. announced that based on the dividend policy, and taking into consideration the profit levels and financial conditions of the fiscal year ended December 31, 2023, forecasts for the fiscal year ending December 31, 2024 and beyond, and other factors, the company decided to revise the year-end dividend for the fiscal year ended December 31, 2023, to JPY 110, with a JPY 20 increase compared with the forecast announced on August 9, 2023.
For the fiscal year ending December 31, 2024, the company plans to increase dividends by JPY 10 to pay a dividend of JPY 120 per share.
Toyo Tanso Co Ltd is a Japan-based company mainly engaged in the manufacture, processing and sale of carbon products in highly functional fields using isotropic graphite material. The special graphite products include crucibles and heaters for single crystal silicon pulling furnaces, susceptors for metal organic chemical vapor deposition devices, boats for liquid phase epitaxial equipment, continuous casting dies, electric discharge machining electrodes, electrodes for ion implantation equipment, glass sealing jigs, core materials for high-temperature gas reactors, reactor wall materials for fusion reactors. The general carbon products include bearings for pumps and compressors, sealing materials, pantograph sliders, automobile parts, carbon brushes for vacuum cleaners and large motor brushes. The composite materials and other products include furnace wall materials for nuclear fusion reactor, automotive gaskets and materials for manufacturing solar cell.
TOYO TANSO CO., LTD. 
