Toyota Boshoku Corporation (the "Company") hereby announces that its board of directors meeting held
on April 26, 2024, passed resolutions to pay the dividend on retained earnings as of the base date March
31, 2024 as follows.
1. Dividend Details
Previous dividend
Previous fiscal
Decided amount
forecast
year's results
(Announced February 2, 2024)
Date of record
March 31, 2024
March 31, 2024
March 31, 2023
Dividend per share
43 yen
43 yen
35 yen
Total amount of dividend
7,676 million yen
-
6,540 million yen
Effective date
May 27, 2024
-
May 26, 2023
Source of dividend
Retained Earnings
-
Retained Earnings
2. Reasons
Regarding the distribution of profits, the company has made securing profits for shareholders one of its important management issues.
Based on the continuation of stable dividends, our basic policy is to meet the expectations of shareholders by comprehensively considering our consolidated business results and dividend payout ratio.
Regarding dividends for the fiscal year, as a result of a comprehensive review of consolidated business results for the fiscal year ending March 31,2024 and other factors, we have decided to pay a year-end dividend of 43 yen per share, the same amount as previously announced, for a total annual dividend of 86 yen per share, including the interim dividend.
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Toyota Boshoku Corporation published this content on
26 April 2024 and is solely responsible for the information contained therein. Distributed by
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26 April 2024 14:36:26 UTC.
TOYOTA BOSHOKU CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of automobile parts and textile products. The Company operates through four geographic segments including Japan, Americas, Asia & Oceania, as well as Europe & Africa. The Company is involved in the manufacture and sale of interior products, automotive filters and power train equipment parts, other automobile related parts, as well as textile related products.