Tsurumi Manufacturing Co., Ltd. Provides Dividend Guidance for the Second Quarter-End and Full Fiscal Year Ending March 31, 2024
May 19, 2023 at 01:00 am
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Tsurumi Manufacturing Co., Ltd. provided dividend guidance for the second quarter-end and full fiscal year ending March 31, 2024. For the second quarter-end, the company expects dividend of JPY 22.00 per share against JPY 20.00 per share paid a year ago. Breakdown of the second quarter-end dividend forecast for the fiscal year ending March 31, 2024: Ordinary dividend: JPY 20.00 per share. Commemorative dividend: JPY 2.00 per share.
For the year, the company expects to pay dividend of JPY 24.00 per share against JPY 22.00 per share paid a year ago (Total JPY 24.00 per share- Ordinary dividend: JPY 22.00 per share and commemorative dividend: JPY 2.00 per share).
TSURUMI MANUFACTURING CO.,LTD. is a Japan-based company engaged in manufacture and sale of pumps and related equipment. The Company operates through three geographic segments including Japan, North America and China. The Company is engaged in production, purchasing, sale and leasing of flagship submersible pumps, other pumps, environmental equipment and peripheral equipment. The Company is also engaged in related business, such as associated repair and after-sales service, installation of machinery and equipment, civil engineering work, electrical work, piping work, construction of water supply facilities, construction of steel structures, sale of secondhand and leasing of fixed assets, among others. The Japan segment is engaged in the manufacture and sale of pumps and related equipment, engineering and other businesses. The subsidiary is also engaged in real estate leasing business and leasing of machinery, office equipment and vehicles.