Amada Co., Ltd. Announces Dividend for the Six Months Ended September 30, 2021, Payable on December 7, 2021; Provides Dividend Guidance for the Year Ending March 31, 2022
November 11, 2021 at 01:00 am EST
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Amada Co., Ltd. announced dividend of JPY 17.00 per share for the six months ended September 30, 2021 against JPY 15.00 per share paid for the same period a year ago. Scheduled date to commence dividend payments is December 7, 2021
The company provided dividend guidance for the year ending March 31, 2022. For the year, the company expects to pay dividend of JPY 17.00 per share against JPY 15.00 per share paid for the same period a year ago.
Amada Holdings Co. Ltd. specializes in manufacturing, renting and marketing processing machines. The group also provides maintenance and repair services. Net sales break down by family of products as follows:
- metallurgy machines (80.3): primarily laser and welding machines, cutting and degreasing machines, bending and pressing machines;
- machine tools (19.3%): sawing machine, grinders, etc.;
- other (0.4%).
Net sales are distributed geographically as follows: Japan (45.5%), China (4.1%), Asia (10.1%), Europe (18.7%) and North America (21.6%).
Amada Co., Ltd. Announces Dividend for the Six Months Ended September 30, 2021, Payable on December 7, 2021; Provides Dividend Guidance for the Year Ending March 31, 2022