Adastria Co., Ltd. Approves an Interim Dividend for the Fiscal Year Ending February 29, 2024, Effective October 10, 2023; Provides Dividend Guidance for the Full Year of Fiscal Year Ending February 29, 2024
September 29, 2023 at 02:00 am EDT
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Adastria Co., Ltd. announced that at its board meeting held on September 29, 2023, approved an interim dividend of JPY 35.00 per share for the fiscal year ending February 29, 2024. Record date is August 31, 2023. Effective date is October 10, 2023. Total dividend is JPY 1,597 million.
For the full year of fiscal year ending February 29, 2024, the company expects to pay dividend of JPY 45.00 per share.
Adastria Co Ltd, formerly Adastria Holdings Co Ltd is mainly engaged in the apparel and miscellaneous goods retail business. The domestic product sales business includes casual fashion brands such as Global Work, LOWRYS FARM, LEPSIM, JEANASiS and RAGEBLUE, and lifestyle brands such as nico and ..., studio CLIP and BAYFLOW.It develops e-commerce (EC) specialized brands such as apres jour. It develops fashion apparels for adults under the brands such as Babylon and BARNYARDSTORM. The Company operates its business under the brand Velvet by Graham and Spencer in the United States. The logistics business, goods are received, inspected, stored and shipped. In order to efficiently purchase products when expanding to multiple stores, the Company inspects and stores the received products by the central buying method and ships the products in a timely manner.
Adastria Co., Ltd. Approves an Interim Dividend for the Fiscal Year Ending February 29, 2024, Effective October 10, 2023; Provides Dividend Guidance for the Full Year of Fiscal Year Ending February 29, 2024
ADASTRIA CO., LTD. 
