Nichias Corporation declared a dividend of JPY 46.00 per share for the fiscal year ended March 31, 2023 compared to JPY 44.00 a year ago. The dividend is payable on June 30, 2023.

The company provided dividend guidance for the end of first half and fiscal year ending March 31, 2024. For the first half, the company expects dividend to be JPY 48.00 per share compared to JPY 46.00 per share a year ago.

For the fiscal year, the company expects dividend to be JPY 48.00 per share compared to JPY 46.00 per share a year ago.