Inabata : Notice Concerning Revision of Dividend Forecast
February 07, 2022 at 12:28 am
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To whom it may concern:
February 7, 2022
Company name: Inabata & Co., Ltd.
Representative: Katsutaro Inabata, Director, President
(Stock code: 8098, First Section of the Tokyo Stock Exchange)
Inquiries:
Koichi Noda, General Manager,
Financial Management Office
(TEL 03-3639-6421)
Notice Concerning Revision of Dividend Forecast
Inabata & Co., Ltd. (the "Company") hereby announces that it has resolved at a meeting of the board of directors held on February 7, 2022, to revise the dividend forecast for the fiscal year ending March 31, 2022, which was announced on May 11, 2021, based on recent trends in operating results and other factors, as follows.
Reason for the revision
In light of the "Notice Concerning Revision of Full-year Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2022" and "Notice Concerning Partial Amendment to Basic Policy on Shareholder Return" announced today, the Company has made a comprehensive decision to revise upward its year-end dividend forecast per share from ¥40 to ¥80.
As a result, the annual dividend per share is projected to be ¥110 including the interim dividend of ¥30.
Details of the revision
Annual dividend
Interim
Year-end
Total
Yen
Yen
Yen
Previous forecast
40.00
70.00
(Released on May 11, 2021)
Revised forecast
80.00
110.00
Actual for the fiscal year ending March 31, 2022
30.00
Actual for the fiscal year ended March 31, 2021
20.00
43.00
63.00
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Disclaimer
Inabata & Co. Ltd. published this content on 07 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 February 2022 05:27:07 UTC.
Inabata & Co., Ltd. is a Japan-based company that sells information and electronics, chemicals and other products. It operates in five business segments. The Information and Electronics segment provides semiconductors and liquid crystal materials, machinery equipment, ink for copiers and printers, as well as materials for electronics industry. The Chemical segment offers raw materials of automobile components, resins and gum, paintings and inks, paper manufacturing chemicals. The Living Industry segment sells intermediates for medical and agricultural chemicals, fine chemicals, raw materials of pesticide and toiletries, functional food, marine products, agricultural products, and starches. The Synthetic Resin segment provides general-purpose resins and engineering plastic. The Housing Environment segment sells wood, bonded wood, wood construction materials, housing equipment and housing-related materials.