Teijin Limited Declares Interim Dividend for the Fiscal Year Ending March 31, 2022, Payable on December 1, 2021; Provides Dividend Guidance for the Year Ending March 31, 2022
November 08, 2021 at 08:00 am IST
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Teijin Limited declared interim dividend of ?27.50 per share for the fiscal year ending March 31, 2022, payable on December 1, 2021. Record date is September 30, 2021.
The company provided dividend guidance for the year ending March 31, 2022. For the year, the company expects dividend of JPY 27.50 per share against JPY 25.00 per share paid for the same period a year ago.
Teijin Limited is a diversified group organized around 5 areas of activity:
- manufacturing and distribution of textile products and clothes (37.6% of net sales): textile fibers, polyesters, polymers, etc.;
- production of synthetic fibers (35.5%): aramid, carbon and polyester fibers for industrial applications;
- manufacturing of care and health products (17.8%): medicines (for the treatment of metabolic, cardiovascular, bone, joint and respiratory diseases), and home care equipments (home oxygen therapy equipments and positive pressure fans);
- sale of IT products and services (6.9%);
- other (2.2%).
Net sales break down geographically as follows: Japan (58.6%), China (13.1%), Asia (6.9%), Americas (13.7%) and other (7.7%).
Teijin Limited Declares Interim Dividend for the Fiscal Year Ending March 31, 2022, Payable on December 1, 2021; Provides Dividend Guidance for the Year Ending March 31, 2022