Koito Manufacturing Co., Ltd. Proposes Year-End Dividend for the Year Ended March 31, 2017, Payable on June 30, 2017; Proposes to Elect Kingo Sakurai as an Outside Director to the General Meeting of Shareholders to Be Held on June 29, 2017
May 28, 2017 at 08:32 pm
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Koito Manufacturing Co., Ltd. announced that continuing from fiscal 2016, sales, operating income, recurring profit, and profit attributable to owners of parent all hit record highs in fiscal 2017. Accordingly, for the year-end dividend for the 117th fiscal year ended March 31, 2017, the Company proposes shareholders to approve a dividend of ¥34 per share, an increase of ¥14 compared to the end of fiscal 2016. Henceforth, the annual dividend for the 117th fiscal year, including the interim dividend, will be ¥54 per share, an increase of ¥18 compared to the 116th fiscal year. Effective date of distribution of dividends of surplus is June 30, 2017.
The company proposed to elect Kingo Sakurai, as an Outside Director to the General Meeting of Shareholders to be held on June 29, 2017.
KOITO MANUFACTURING CO., LTD. is mainly engaged in the manufacture and sale of automotive lighting equipment, aircraft parts, railway vehicles parts, electrical equipment and measuring equipment. The Company mainly operates in six segments, including Japan, China, Asia, North America, Europe and Others. The Companyâs major products include light-emitting diode (LED) head lamps, discharge head lamps, headlights, sign lamps, high mount stop lamps, halogen bulbs, miniature bulbs and other lamp fittings, control equipment for rail vehicles, roads traffic signals, traffic control systems, roads and tunnels illumination lamps, facilities illumination lamps, accommodation equipment, aircraft parts, electronic parts, head lamps cleaners, sheets for aircraft and rail vehicles, as well as environment control equipment. The Company is also engaged in the development and manufacture of forward monitoring operation support systems for advanced driver-assistance systems (ADAS) through subsidiary.
Koito Manufacturing Co., Ltd. Proposes Year-End Dividend for the Year Ended March 31, 2017, Payable on June 30, 2017; Proposes to Elect Kingo Sakurai as an Outside Director to the General Meeting of Shareholders to Be Held on June 29, 2017
KOITO MANUFACTURING CO., LTD. 
