Urbanet Corporation Co.,Ltd. Announces Dividend for the Second Quarter-End of the Fiscal Year Ending June 30, 2024, Payable on March 25, 2024
February 14, 2024 at 10:00 pm
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Urbanet Corporation Co.,Ltd. announced dividend of JPY 10.00 per share for the second quarter end of the fiscal year ending June 30, 2024 against JPY 8.00 per share paid a year ago. Scheduled date to commence dividend payments: March 25, 2024.
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, among others.