Nippon Shokubai Co., Ltd. Provides Year-End Dividend Guidance for the Period Ended March 31, 2025
May 13, 2024 at 02:00 am
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Nippon Shokubai Co., Ltd. provided year-end dividend guidance for the period ended March 31, 2025. For the period, the company expects dividend of JPY 35.00 per share compared to JPY 90.00 per share paid in the same period a year ago. On April 1, 2024, the Company conducted a stock split of in which each share of common stock was split for 4 shares.
Dividend amounts for Fiscal Year 2022 and FY2023 are the actual dividend amounts before the stock split. The amounts for FY2024 (forecast) are based on the post-stock-split information.
NIPPON SHOKUBAI CO., LTD. is engaged in the manufacture and sale of chemicals. The Company has three business segments. The Basic Chemical segment manufactures and sells acrylic acid, acrylic acid ester, ethylene oxide, ethylene glycol, ethanolamine, and glycol ethers. The Functional Chemical segment is involved in the manufacture and sale of water-absorbing resins, medical intermediates, polymers for concrete admixtures, electronic information materials, iodine, maleic anhydrides, adhesives, resins for coating materials, resin molding products and processed adhesive products. The Environmental and Catalytic segment manufactures and sells automobile catalysts, nitrogen oxide (NOx) removal catalysts, process catalysts and others.