Brother Industries, Ltd. Revises Year End Dividend Guidance for the Fiscal Year Ending March 31, 2018
May 09, 2018 at 02:00 am EDT
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Brother Industries, Ltd. announced that it sets a basic policy of consolidated dividend payout ratio to about 30% and according to its financial results, taking into consideration maintaining adequate levels of internal reserves for investment for further growth and cash flow. Under this policy, the Company examined its circumstances, including the financial results of this fiscal year, and plan to increase the year-end dividend per share by JPY 6 to JPY 30 per share from original forecast of JPY 24. As a result of this increase, the annual dividend for this fiscal year will become JPY 54 per share with the JPY 24 dividend for the end of the second quarter, which had already been paid.
Brother Industries Ltd is a Japan-based company mainly engaged in the manufacture and sale of office equipment and supplies. The Company operates in six business segments. The Printing and Solutions segment manufactures and sells communication and printing equipment like printers, multifunction devices and electronic stationery, among others. The Personal and Home segment is engaged in the manufacture and sale of household sewing machines. The Machinery segment manufactures and sells industrial sewing machines, garment printer, machine tools, reducers and gears, among others. The Network and Contents segment is involved in the manufacture, sale and service of commercial karaoke equipment, as well as the provision of contents delivery services. The Domino segment is engaged in the manufacture and sale of industrial printing equipment. The Others segment is involved in the real estate business.
BROTHER INDUSTRIES, LTD. 
