Topy Industries, Limited Announces Dividend for the Second Quarter of Fiscal 2022; Provides Dividend Guidance for the Year Ending March 31, 2023
November 17, 2022 at 12:00 pm IST
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Topy Industries, Limited announced dividend for the second quarter of fiscal 2022 and provided dividend guidance for the year ending March 31, 2023. For the quarter, the company announced a dividend of JPY 20.00 per share against no dividend for the same period a year ago.
For the year, the company expects dividend of JPY 50.00 per share against JPY 20.00 per share paid for the same period a year ago.
TOPY INDUSTRIES, LIMITED is an automobile and industrial machinery parts manufacturing company. The Company operates in three segments. The Steel segment is engaged in the manufacture of steel products by using electrical furnace, and the production and sale of rolled steel products including wide flange beams, standard shaped steel and deformed bars. The Automobile and Industrial Machinery Parts segment is engaged in the provision of automotive steel wheels, aluminum wheels, steel wheels for construction machinery, stamping products for automotive, industrial fasteners and industrial machine parts including undercarriage components of power shovels and bulldozers, and cutting edge of motor graders. The Power Generation segment is engaged in the power generation business and the wholesale of power. The Company is also engaged in the provision of sign systems, synthetic mica and crawler robots, civil engineer and construction business, the leasing of real estates and others.