Amada Co., Ltd. Announces Dividend for the Second Quarter Ended September 30, 2023, Scheduled Date to Commence Dividend Payments from December 5, 2023; Provides Dividend Guidance for the Year Ending March 31, 2024
November 09, 2023 at 01:00 am EST
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Amada Co., Ltd. announced dividend for the second quarter ended September 30, 2023 of ¥25.00 per share against ¥22.00 per share a year ago. The Scheduled date to commence dividend payments from December 5, 2023.
The company provided dividend guidance for the year ending March 31, 2024 of ¥32.00 per share against ¥26.00 per share.
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 Second Quarter Ended September 30, 2023, Scheduled Date to Commence Dividend Payments from December 5, 2023; Provides Dividend Guidance for the Year Ending March 31, 2024