Sugi Holdings Co.,Ltd. Revises Dividend Guidance for the Second Quarter and Year End for the Fiscal Year Ending February 2025
February 19, 2024 at 12:00 pm IST
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SUGI Holdings Co. Ltd. announced that the Board of Directors resolved at its meeting held on February 19, 2024, to revise its dividend forecast for the fiscal year ending February 2025. The company sets the dividend forecast for the fiscal year ending February 2025 as follows, after comprehensively taking into consideration the 3-for-1 stock split of common stock announced on December 26, 2023, its basic policy on shareholder returns, and its financial condition. The annual dividend forecast of JPY 35 for the fiscal year ending February 2025 is converted to an annual dividend forecast of JPY 105 before the stock split, an increase of JPY 25 in real terms from the annual dividend forecast of JPY 80 for the fiscal year ending February 2024.
The company expects to pay dividend of JPY 15.00 per share for the second quarter of Fiscal year ending February 2025.
SUGI HOLDINGS CO.,LTD. is a Japan-based holding company mainly engaged in management of the drug stores and dispensing business. Through its subsidiaries, the Company is engaged in the sale of medicines, health foods, cosmetics, daily necessities and prescription preparations, as well as the operation of local healthcare compliant drug store that tackles home healthcare in cooperation with regional medical personnel. The Company also operates visiting nursing stations that closely cooperate with regional medical institutions and social welfare operators, through the provision of visiting nursing services and in-home nursing care support services.