Mitsui Matsushima : Notice Concerning Distribution of Dividends from Surplus
June 09, 2023 at 02:34 pm IST
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May 15, 2023
To Whom It May Concern:
Company name: Mitsui Matsushima Holdings Co., Ltd.
Representative: Taishi Yoshioka, Representative Director and President
(Stock Code: 1518, Prime Market of the Tokyo Stock Exchange and the Fukuoka Stock Exchange) Contact: Mikiko Abe, Executive Officer and General Manager of Business Planning Dept.
Tel: +81-92-771-2171
Notice Concerning Distribution of Dividends from Surplus
The Board of Directors of Mitsui Matsushima Holdings Co., Ltd. (the "Company") approved a resolution at a meeting held on May 15, 2023, to distribute dividends from surplus to shareholders with a record date of March 31, 2023.
1. Details of dividends
Most recent dividend
Previous results
Amount determined
forecast
(FY2021)
(Published on February 10, 2023)
Record date
March 31, 2023
March 31, 2023
March 31, 2022
Dividend amount per
240.00 yen
240.00 yen
80.00 yen
share
Total amount of
3,135 million yen
―
1,045 million yen
dividends
Effective date
May 30, 2023
―
May 27, 2022
Source of dividends
Retained earnings
―
Retained earnings
2. Reason for dividend amount
Mitsui Matsushima Holdings Co., Ltd. positions the return of profits to shareholders as one of its priority management policies. In principle, the Company strives to return profits commensurate with its financial results on an ongoing basis, while securing the internal reserves necessary to ensure stable future growth and to respond to changes in the business environment.
As a result of comprehensive consideration of the above policy and business performance, etc., the Company has decided to pay out a year-end dividend per share for the fiscal year ended March 31, 2023 of
240 yen (an ordinary dividend per share of 40 yen and a commemorative dividend for the 110th anniversary of its founding and all-time high profit of 200 yen).
(Reference) Breakdown of annual dividends
Dividend amount per share
Record date
Interim
Year-end
Total
80.00 yen
240.00 yen
320.00 yen
Results for the current
(Ordinary dividend
(Ordinary dividend
(Ordinary dividend
fiscal year
40.00 yen)
40.00 yen)
80.00 yen)
(FY2022)
(Commemorative
(Commemorative
(Commemorative
dividend 40.00 yen)
dividend 200.00 yen)
dividend 240.00 yen)
Results for the
80.00 yen
80.00 yen
previous fiscal year
(Ordinary dividend
(Ordinary dividend
(FY2021)
80.00 yen)
80.00 yen)
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Mitsui Matsushima Co. Ltd. published this content on 09 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 June 2023 09:03:02 UTC.
Mitsui Matsushima Holdings Co Ltd, formerly Mitsui Matsushima Co Ltd is primarily engaged in production, purchase and sales of coal business. The Company also engaged in the manufacture and sale of office equipment, mask blanks for various applications centered on liquid crystal panels, organic electroluminescence (EL), electronic components and others, manufacture and sale of straws, purchase and sale of packaging materials, as well as planning, production and sale of men's clothes, women's clothes and shirts. The Company has two business segments. The Energy segment is engaged in coal sales, coal production and renewable energy business. The Daily Lifestyle segment is engaged in provision of office supplies, electronic components, food and drink materials, clothing products, and care business. The others engage in rental business, ports business, propane gas supply business, as well as overseas dispatch training course business.
MITSUI MATSUSHIMA HOLDINGS CO., LTD. 
