Nippon Aqua Co., Ltd. Declares Dividend for the Fiscal Year Ended December 31, 2023, Payable on March 29, 2024
February 14, 2024 at 11:30 am IST
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The board of directors of Nippon Aqua Co., Ltd. at its meeting held on February 14, 2024, resolved to distribute dividends of JPY 32.00 per share for the fiscal year ended December 31, 2023 compared to JPY 24.00 per share paid a year ago. Record date is December 31, 2023. Effective date is March 29, 2024 and total amount of dividends is JPY 1,005 million.
In accordance with the policies, the dividends for the fiscal year ended December 31, 2023 will be 32 yen per share, an increase of JPY 2 per share from the most recent dividend payout forecasts. The increase is attributable to the fact that the financial results for the fiscal year ended December 31, 2023 exceeded the financial forecasts disclosed on February 10, 2023.
Nippon Aqua Co., Ltd. is principally engaged in the installation and sales of thermal insulation materials for buildings. In single-family housing field, the Company provides thermal insulation material installation service for national and regional house builders, and building contractors. The Company provides thermal insulation material installation service for various concrete buildings, such as condominiums, hospitals, schools, offices, cold storage warehouses and others. The Company is also engaged in the sale of various products, including construction machinery and related parts, raw materials, as well as heat shielding materials, moisture permeable and waterproof materials.