Hanwa Co., Ltd. Resolves to Pay Dividends for Fiscal Year 2023
May 10, 2024 at 09:30 am IST
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Hanwa Co., Ltd. announced that the Board of Directors meeting held on May 10, 2024 resolved to pay dividends with a record date of March 31, 2024. For Fiscal Year 2023, comprehensively considering the business results and financial condition, company will pay the year- end dividend of JPY 100 per share, increasing of JPY 15 from the latest dividend forecasts. Combined with the interim dividend of JPY 85 per share already paid, the annual dividend per share will be JPY 185. This resolution is subject to approval at the 77th Ordinary General Meeting of Shareholders, scheduled to be
held on June 26, 2024.
HANWA CO., LTD. is a Japan-based company mainly engaged in the sale of steel metal raw materials, non-ferrous metals, foods, petroleum and chemical products, wood and machinery. The Company operates through six business segments. The Steel business is engaged in the provision of steel bars, construction works, steel plates, special steels, wires, steel pipes, and scrap iron. It is also engaged in the metal processing and storage. The Metal Raw Materials business is engaged in the provision of nickel, chromium, silicon, manganese, and ferroalloys. The Overseas Sales Subsidiary business is engaged in the sale of products at major overseas bases. The Petroleum and Chemicals business is engaged in the sale of petroleum products, industrial chemicals, chemicals and waste fuels. The Food business provides seafood and livestock products. The Nonferrous Metals business supplies aluminum, copper and zinc, and conducts recycling business. It also manages and operates amusement facilities.