Urbanet Corporation Co.,Ltd. Announces Dividend for the Fiscal Year Ended June 30, 2023, Payable on September 29, 2023; Provides Dividend Guidance for the Second Quarter of Fiscal Year Ending June 30, 2024
August 09, 2023 at 01:30 am
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Urbanet Corporation Co.,Ltd. announced dividend for the fiscal year ended June 30, 2023. For the period, the company announced a dividend of ¥10.00 per share against ¥9.00 per share paid a year ago. Scheduled date of payment of dividend: September 29, 2023.
The Company also provided dividend guidance for the second quarter of fiscal year ending June 30, 2024. For the second quarter, the company expects to pay a dividend of JPY 10 per share, compared to JPY 8 per share paid an year ago.
Urbanet Corporation Co Ltd is a Japan-based company mainly engaged in the real estate business and hotel business. The Company operates its business through two business segments. The Real Estate segment is engaged in businesses related to real estate development and sales, real estate purchase and sales, real estate brokerage, real estate rental business and others. In principle, the development area focuses on Tokyo's 23 wards, where real estate prices are relatively stable, and within a 10-minute walk from stations. The customers for the investment studio apartments, which are the core of the business, are mainly wholesalers to studio sales companies, as well as general corporations, domestic and foreign investors, and high-net-worth individuals in Japan who are looking to prepare for inheritance tax. The Hotel segment is engaged in businesses related to hotel management, and others.
Urbanet Corporation Co.,Ltd. Announces Dividend for the Fiscal Year Ended June 30, 2023, Payable on September 29, 2023; Provides Dividend Guidance for the Second Quarter of Fiscal Year Ending June 30, 2024