Idemitsu Kosan Co.,Ltd. Provides Dividend Guidance for the Second Quarter and Full Year of Fiscal Year Ending March 31, 2025
May 14, 2024 at 11:30 am IST
Share
Idemitsu Kosan Co.,Ltd. provided dividend guidance for the second quarter and full year of fiscal year ending March 31, 2025. For the second quarter, the company expects to pay dividend of JPY 16.00 per share compared to JPY 80.00 per share paid a year ago.
For the full year, the company expects to pay dividend of JPY 16.00 per share compared to JPY 16.00 per share a year ago.
Idemitsu Kosan Co., Ltd. is specialized in the production and refining of petroleum products. Net sales break down by category as follows:
- refining of petroleum products (78.8%): fuels, lubricants, kerosene, etc. At the end of March 2019, the group operated 6 refineries in Japan;
- manufacturing of petrochemical products (12.5%): activity carried out in 2 production sites located in Japan;
- exploration and production of oil, coal, uranium and geothermal resources (7%);
- other (1.7%).
Net sales are distributed geographically as follows: Japan (69.8%), Asia-Pacific (19.2%), North America (7.2%), Europe (2.4%) and others (1.4%).