Marumae Co., Ltd. Provides Dividend Guidance for the Second Quarter and Full Year Ended August 31, 2023
October 27, 2022 at 11:30 am IST
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Marumae Co., Ltd. provided dividend guidance for the second quarter and full year ended August 31, 2023. For the quarter, the company expected dividend of JPY 18 per share compared to JPY 22 per share paid a year ago.
For the fiscal year, the company expected year end dividend of JPY 18 per share compared to JPY 26 per share paid a year ago.
Marumae Co.,Ltd. is a Japan-based company mainly engaged in the precision cutting works. The Company is engaged in the manufacture of vacuum chambers and electrodes used in flat panel display (FPD) manufacturing equipment and semiconductor manufacturing equipment. The products include semiconductor manufacturing equipment related parts, FPD manufacturing equipment related parts, and other equipment parts. The semiconductor manufacturing equipment parts are vacuum parts for semiconductor manufacturing equipment and inspection equipment. The FPD manufacturing equipment parts are vacuum devices for manufacturing equipment apparatus and inspection apparatus used in liquid crystal and organic electro luminescence (EL). The other parts consist surface processing equipment for smart phone housing, solar cell manufacturing equipment parts, motorcycle racing parts, industrial equipment parts for camera and microscope, as well as parts for medical equipment.