Amada Co., Ltd. Announces Year-End Dividend for the Fiscal Year Ended March 31, 2023, Payable on June 29, 2023; Provides Dividend Guidance for the Second Quarter of Fiscal Year Ending March 31, 2024
May 12, 2023 at 02:00 am EDT
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Amada Co., Ltd. announced year-end dividend of JPY 26.00 per share for the fiscal year ended March 31, 2023 compared to JPY 21.00 per share paid a year ago. Scheduled date to commence dividend payments: June 29, 2023.
For the second quarter of fiscal year ending March 31, 2024, the company expects to pay dividend of JPY 25.00 per share compared to JPY 22.00 per share paid 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 Year-End Dividend for the Fiscal Year Ended March 31, 2023, Payable on June 29, 2023; Provides Dividend Guidance for the Second Quarter of Fiscal Year Ending March 31, 2024
AMADA HOLDINGS CO. LTD. 
