Chugai Mining : Distribution of (Interim) Dividends from Surplus(56.4KB)
November 10, 2023
Share
November 10, 2023
Listed Company Name:
Chugai Mining Co., Ltd.
(Stock code no.: 1491, Tokyo Stock Exchange Standard Market)
Representative:
Takeo NISHIMOTO, CEO and President
For Inquiry:
Isao SAKURABA, IR Center (Telephone: 03-3201-1541)
Distribution of (Interim) Dividends from Surplus
The Company hereby announce that it has decided at the Board of Directors Meeting today to propose September 30, 2023 as the record date to propose the payment of dividends (interim dividends) from surplus.
1. Details of the Dividends
Most recent dividend
Dividend paid for the
Determined Amount
forecast
previous fiscal year
(May 12, 2023)
(FY ending March 2023)
Record Date
September 30, 2023
Same as the left
September 30, 2022
Dividend per share
JPY0.50
TBD
JPY0.00
Total amount of dividends
JPY144 million
-
-
Effective Date
December 5, 2023
-
-
Source of dividends
Retained earnings
-
-
2. Reasons
The Company's basic policy for profit distribution is to continue to pay stable dividends while securing the necessary internal reserves for future business development and strengthening of the management structure. Based on this policy, and taking into consideration the business results for the current fiscal year and future business development, the Company will pay an interim dividend of 0.50 yen per share for the fiscal year ending March 31, 2024.
The year-end dividend is undecided at this time and will be announced as soon as the dividend forecast becomes available.
Reference: Breakdown of annual dividend
Dividend per Share
Record Date
End of the second
End of the Period
Total
quarter
Dividend forecast
-
TBD
TBD
Results of the current period
JPY0.50
-
-
Results of the previous period
JPY0.00
JPY0.50
JPY0.50
(period ending March 2023)
This is an English translation of the financial report created in Japanese.
Should there be any discrepancies between the Japanese original and the English translation, the Japanese original shall prevail.
Chugai Mining Co. Ltd. published this content on 10 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 November 2023 13:56:36 UTC.
Chugai Mining Co., Ltd. is principally engaged in the operation of precious metal business. The Company operates in five business segments. The Precious Metal segment is engaged in the sale of precious metals, artifacts and jewelries, the production and sale of gold, silver, platinum and palladium, as well as the purchase and sale of nonferrous metals which contain gold and silver. The Real Estate segment is involved in the subdivision and leasing of condominium buildings, as well as the trading, brokerage, leasing, management and planning development of real estate. The Machinery segment purchases and sells used machine tools, sheet metal machines and others. The Investment segment is engaged in the possession, trading and operation of securities. The Content segment plans, designs, manufactures, and sells toys and play equipment, and sells, wholesales, plans, and develops character products.