Amada Co., Ltd. Announces Dividend for the Six Months Ended September 30, 2022, Payable December 6, 2022 and Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023
November 10, 2022 at 01:00 am EST
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Amada Co., Ltd. announced dividend of JPY 22.00 per share for the Six Months Ended September 30, 2022, payable December 6, 2022 against JPY 17.00 per share for the same period a year.
For the fiscal year ending March 31, 2023, the company expects to pay the dividend of JPY 24.00 per share against 21.00 per share 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, 2022, Payable December 6, 2022 and Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023