Nissan Chemical Corporation Provides Dividend Guidance for the Second Quarter and Year End of Fiscal Year Ending March 31, 2025; Announces Dividend for the Year Ended March 31, 2024, payable June27, 2024
May 13, 2024 at 11:30 am IST
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Nissan Chemical Corporation provided dividend guidance for the second quarter and year end of fiscal year ending March 31, 2025 and announces dividend for Year Ended March 31, 2024 . For the quarter, the company expects to pay a dividend of JPY 70.00 per share against JPY 7.00 for the previous period
For the year ending March 31, 2025, the company expects to pay a dividend of JPY 94.00 per share against JPY 94.00 for the previous period,
For the year ended March 31, 2024, company announced JPY 94.00 per share against JPY 94.00 for the previous period. Scheduled dividend payment date: June 27, 2024.
Nissan Chemical Corporation specializes in manufacturing and marketing chemical products. Net sales break down by family of products as follows:
- performance materials (30.2%): polyimide resins, colloids, silicas, inorganic materials, etc. for the manufacturng of electronic products (semiconductors, LCD displays, etc.);
- agrochemical products (25.1%): insecticides (Sanmite, Starmite, Mito-Kohne, Leimay and Ikaruga brands), herbicides (Roundup, Targa, Sirius and Permit), fertilizers, etc.;
- basic chemicals and fine chemicals (11.3%): melamine, sulfuric acid, nitric acid, ammonia, etc.;
- pharmaceutical products (2.9%): primarily for treatment of angina, hypertension, cholesterol, etc.;
- other (25.8%).
The remaining sales (25.8%) are from the chemicals trading activity.
Net sales break down geographically as follows: Japan (47.7%), China (14.5%), Korea (10.3%), Asia (13.8%), Europe and the United States (13.7%).
Nissan Chemical Corporation Provides Dividend Guidance for the Second Quarter and Year End of Fiscal Year Ending March 31, 2025; Announces Dividend for the Year Ended March 31, 2024, payable June27, 2024