Urbanet Corporation Co.,Ltd. Provides Dividend Guidance for the Second Quarter of 2023 and Fiscal Year Ending June 30, 2023
November 15, 2022 at 09:40 pm
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Urbanet Corporation Co.,Ltd. provided dividend guidance for the second quarter of 2023 and fiscal year ending June 30, 2023. For the second quarter end, the company expects to pay dividend of ¥8.00 per share for the year ended June 30, 2022 against ¥8.00 per share paid a year ago.
For the full year ending, the company expects to pay dividend of ¥9.00 per share against ¥9.00 per share paid a 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.