Chugai Mining : Distribution of Dividends from Surplus（152KB）
May 11, 2023
Share
May 12, 2023
Listed Company Name:
Chugai Mining Co., Ltd.
Stock Code Number:
1491
Stock Exchange:
Tokyo Stock Exchange (Standard Market)
Website:
www.chugaikogyo.co.jp
Representative:
Takeo NISHIMOTO, CEO and President
For Inquiry:
Isao SAKURABA, IR Center (Telephone: 03-3201-1541)
Distribution of Dividends from Surplus
The Company hereby announce that it has decided at the Board of Directors Meeting today to propose March 31, 2023 as the record date to propose the payment of dividends from surplus at its 131st General Shareholders' Meeting scheduled to be held on June 29, 2023.
1. Details of the Dividends
Most recent dividend
Dividend paid for the
Determined Amount
forecast
previous fiscal year
(May 13, 2022)
(FY ending March 2022)
Record Date
March 31, 2023
March 31, 2023
March 31, 2022
Dividend per share
JPY0.50
TBD
JPY1.00
Total amount of dividends
JPY144 million
－
JPY288 million
Effective Date
June 30, 2023
－
June 30, 2022
Source of dividends
Retained earnings
－
Retained earnings
2. Reasons
The Company's basic policy for profit distribution is to continue to pay stable dividends while securing the necessary internal reserves for future business development and strengthening of the management structure.
Although the year-end dividend payment for the fiscal year ending March 2023 has not been forecasted, however, after considering the results of the fiscal year ending March 31, 2023, the business environment, and the Company's overall financial condition, the Company decided to pay a dividend of JPY0.50 per share.
This is an English translation of the financial report created in Japanese.
Should there be any discrepancies between the Japanese original and the English translation, the Japanese original shall prevail.
Chugai Mining Co. Ltd. published this content on 12 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 May 2023 01:26:07 UTC.
Chugai Mining Co., Ltd. is principally engaged in the operation of precious metal business. The Company operates in five business segments. The Precious Metal segment is engaged in the sale of precious metals, artifacts and jewelries, the production and sale of gold, silver, platinum and palladium, as well as the purchase and sale of nonferrous metals which contain gold and silver. The Real Estate segment is involved in the subdivision and leasing of condominium buildings, as well as the trading, brokerage, leasing, management and planning development of real estate. The Machinery segment purchases and sells used machine tools, sheet metal machines and others. The Investment segment is engaged in the possession, trading and operation of securities. The Content segment plans, designs, manufactures, and sells toys and play equipment, and sells, wholesales, plans, and develops character products.
CHUGAI MINING CO., LTD. 
