Notice: This document is a translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.
March 8, 2021
Company name: Iida Group Holdings Co., Ltd.
Representative: Yoichi Nishikawa, President and Representative Director Stock code: 3291 Tokyo Stock Exchange (First Section)
For inquiry: Kenichi Nakajima, Managing Director and General Manager,
Corporate Planning Department (Tel: +81-422-38-8828)
Notice : Revision of Dividend Forecast
Iida Group Holdings Co., Ltd., (hereafter "the Company") revised the year-end dividend forecast for the fiscal year ending March 2021 as provided below.
1. Reason for the revision
Believing that distribution of profits to the shareholders is one of the most important management tasks, the Company has maintained the following dividend payment policy: ensuring sustainable and stable dividend payments (both interim and year-end) by balancing strengthening of the management with expanding of the business as a whole group.
Considering the above-mentioned dividend payment policy and business performance of the recent days, the Company has determined to revise the year-end dividend forecast for the fiscal year ending March 2021 to 35 yen per share from 31 yen per share.
2. Details of the revision
Dividend per share
End of 2nd quarter
End of fiscal year
Total
Forecast previously announced on November 9, 2020
31.00 yen
31.00 yen
62.00 yen
Revised forecast
-
35.00 yen
66.00 yen
Actual amount for the current fiscal year
31.00 yen
-
-
Actual amount for the year ended March 2020
31.00 yen
31.00 yen
62.00 yen
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Disclaimer
Iida Group Holdings Co. Ltd. published this content on 10 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 March 2021 07:42:06 UTC.
Iida Group Holdings Co., Ltd. is a holding company, which is principally engaged in the operation of real estate business. Through the subsidiaries, the Company is engaged in the detached house sale business, including the purchase of commercial lands, reclamation, planning, design, construction and sale, the provision of after-sale services, and land subdivision operation; the condominium sale business, including the operative construction and distribution of condominiums, and the contracted works, including the undertaken of real estate construction works. The Company is also involved in various other real estate-related activities, such as renovation works, real estate brokerage services, hot spring and golf course operations, arrangement and lending of mortgage loans, and the provision of Internet-related consulting services, among others. On May 22, 2014, it acquired 94.54% interests in a Japan-based company.