Morio Denki Co., Ltd. Announces Year End Dividend for the Full Year Ended March 31, 2023, Payable on June 30, 2023
May 15, 2023 at 10:30 am IST
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Morio Denki Co., Ltd. announced year end dividend of JPY 30.00 per share for the full year ended March 31, 2023 compared to JPY 50.00 per share a year ago. Dividend payable date (as planned): June 30, 2023.
MORIO DENKI CO., LTD. is primarily engaged in the manufacture and sale of electrical equipment. The Company operates in two business segments. In the Electrical Equipment Manufacture and Sale segment, the railway-related business manufactures main controllers, power distribution boards, switch boxes, fluorescent lights, destination indicators, passenger information display devices for railway operators and railcar manufactures. The automobile-related business manufactures self-propelled labeling vehicles, various vehicle-mounted indicators and various road information systems for highway companies and Ministry of Land, Infrastructure, Transport and Tourism. The ship-related business manufactures various explosion-proof lights and explosion-proof tools, as well as various lighting fixtures for vessels and security-related equipment. The Real Estate-related segment is engaged in the leasing of real estate.