Kanaden Corporation Announces Dividend for the Year Ended March 31, 2023, Payable on June 6, 2023; Provides Dividend Guidance for the Six Months Ending September 30, 2023 and Full Year Ending March 31, 2024
May 17, 2023 at 02:00 am EDT
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Kanaden Corporation announced dividend for the year ended March 31, 2023, payable on June 6, 2023; provided dividend guidance for the six months ending September 30, 2023 and full year ending March 31, 2024. The company announced dividend of JPY 22.00 per share for the year ended March 31, 2023 against JPY 10.00 per share a year ago. Scheduled date to commence dividend payment is June 6, 2023.
For the six months, the company expects dividend of JPY 23.00 per share against JPY 17.00 per share a year ago.
For the year, the company expects dividend of JPY 23.00 per share against JPY 22.00 per share a year ago.
KANADEN CORPORATION is a Japan-based company mainly engaged in the sale of heavy electrical and electronic equipment, semiconductors, factory automation (FA) and office automation (OA) equipment and others. The Company operates through four business segments. The FA System segment is involved in the sale of FA equipment including controller systems, as well as mechatronics products such as laser processing machines and others. The Building Equipment segment is involved in the sale of uninterruptible power supplies, elevators, as well as air-conditioning equipment, low-temperature equipment and others based on energy conservation. The Infrastructure segment is involved in the sale of substations, light emitting diodes (LEDs), information and others, as well as verious systems that contribute to social infrastructure development. The Information and Devices segment is involved in the sale of semiconductors, electronic device parts and others, as well as security systems and video system.
Kanaden Corporation Announces Dividend for the Year Ended March 31, 2023, Payable on June 6, 2023; Provides Dividend Guidance for the Six Months Ending September 30, 2023 and Full Year Ending March 31, 2024