Daikin Industries, Ltd. Announces Year-End Dividend for the Fiscal Year Ended March 31, 2022, Payable June 30, 2022; Provides Second Quarter-End Dividend Guidance for the Fiscal Year Ending March 31, 2023
May 20, 2022 at 02:15 am EDT
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Daikin Industries Ltd. announced a year-end dividend for the fiscal year ended March 31, 2022. The company announced a year-end dividend of JPY 110.00 per share for the fiscal year ended March 31, 2022. The planned date of start of dividend payment is June 30, 2022.
The company expects to pay a second quarter-end dividend of JPY 100.00 per share for the second quarter-end of fiscal year ending March 31, 2023.
Daikin Industries is a diversified group organized around 3 areas of activity:
- manufacturing of air conditioning and refrigeration equipment and systems (89.6% of net sales);
- manufacturing of fluorinated chemicals (8%): polymers, elastomers, solvents, coatings, additives, lubricants, etc.;
- other (2.4%): primarily sale of hydraulic equipment.
Net sales are distributed geographically as follows: Japan (23.7%), China (16.7%), Asia and Oceania (15.2%), Americas (24.1%), Europe (14.5%) and other (5.8%).
Daikin Industries, Ltd. Announces Year-End Dividend for the Fiscal Year Ended March 31, 2022, Payable June 30, 2022; Provides Second Quarter-End Dividend Guidance for the Fiscal Year Ending March 31, 2023