Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Japan
  4. Japan Exchange
  5. Hitachi Metals, Ltd.
  6. News
  7. Summary
    5486   JP3786200000

HITACHI METALS, LTD.

(5486)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Hitachi Metals : Notice Concerning Dividends

05/27/2019 | 03:24am EDT

May 27, 2019

To Whom It May Concern:

Company Name: Hitachi Metals, Ltd.

Name of Representative: Koji Sato

President and Chief Executive Officer

(Code: 5486; First Section of the Tokyo Stock Exchange)

Contact: Tatsuya Minami

General Manager, Corporate Communications Dept. (TEL: 03-6774-3077)

Notice Concerning Dividends

Hitachi Metals, Ltd. hereby announces that dividends to shareholders of record as of March 31, 2019, as shown below, were declared upon resolution at the Board of Directors meeting on May 27, 2019.

1. Dividend Information

Amount declared

Latest dividend forecast

Actual for previous period

(Announced April 25, 2019)

(FYE March 2018)

Record date

March 31, 2019

Same as at left

March 31, 2018

Dividend per share

17.00 yen

Same as at left

13.00 yen

Total dividends

7,269 million yen

5,558 million yen

Date effective

May 29, 2019

May 31, 2018

Dividend source

Retained earnings

Retained earnings

2. Reason for Dividend

The Company's basic dividend policy is to determine profit distributions to shareholders and internal reserves by comprehensively assessing business environment, business development, and business performance with a focus on growth over the medium-term to long-term. We recognize that it is the company's primary commitment to return an appropriate level of profits to our shareholders over the long- term through growth in corporate value.

In line with the above-mentioned policy, we have decided to declare a year-end dividend of 17 yen per share for the fiscal year ended March 31, 2019, after comprehensively adjusting for business performance in the current fiscal year, business developments, future forecasts, and shareholders' expectations for dividends. A dividend of 17 yen per share was also declared for the interim dividend, bringing the dividend for the full year to 34 yen per share.

(For Reference) Annual Dividend Breakdown

Dividend per share

Record date

End of second quarter

End of fiscal year

Full year

Dividend for current period

17.00 yen

17.00 yen

34.00 yen

(FYE March 2019)

Dividend for the previous period

13.00 yen

13.00 yen

26.00 yen

(FYE March 2018)

Disclaimer

Hitachi Metals Ltd. published this content on 27 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 May 2019 07:23:00 UTC


ę Publicnow 2019
All news about HITACHI METALS, LTD.
06/22HITACHI METALSá : Chinese Court Enforces Mandatory Licensing For "Essential Faci..
AQ
05/27HITACHI METALSá : (Correction) Partial Correction to "Reorganization of Sales Sy..
PU
05/26HITACHI METALSá : Reorganization of Sales System in Japan (Transfer of Business ..
PU
04/28UPDATE2 : Hitachi logs record net profit in FY2020 on IT-related sales
AQ
04/28HITACHI METALSá : Bain-led consortium to buy Hitachi Metals for $7.5 billion
RE
04/28UPDATE1 : Hitachi logs record net profit in FY2020 on IT-related sales
AQ
04/27NIKKEI 225á : Japanese Shares End Lower as Bank of Japan Retains Monetary Policy
MT
04/26Hitachi Metals Posts Wider Loss in FY21
MT
04/26HITACHI METALSá : Consolidated Financial Report For the Year Ended March 31, 202..
PU
04/09HITACHI METALSá : Corporate Governance Report
PU
More news
Financials
Sales 2021 757 B 6 826 M 6 826 M
Net income 2021 -42 356 M -382 M -382 M
Net Debt 2021 135 B 1 216 M 1 216 M
P/E ratio 2021 -21,4x
Yield 2021 0,41%
Capitalization 908 B 8 188 M 8 188 M
EV / Sales 2021 1,38x
EV / Sales 2022 1,17x
Nbr of Employees 28 620
Free-Float 46,3%
Chart HITACHI METALS, LTD.
Duration : Period :
Hitachi Metals, Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends HITACHI METALS, LTD.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 4
Last Close Price 2 123,00 JPY
Average target price 1 894,25 JPY
Spread / Average Target -10,8%
EPS Revisions
Managers and Directors
NameTitle
Mitsuaki Nishiyama Co-Chairman, CEO & Executive President
Hiroaki Nishioka Chief Financial Officer & Head-Administration
Kenichi Nishiie Co-Chairman
Kazuya Murakami Managing Executive Officer, General Manager-R&D
Ryoichi Aida Chief Quality Officer & Head-Technology
Sector and Competitors
1st jan.Capitalization (M$)
HITACHI METALS, LTD.35.57%8 189
MISUMI GROUP INC.10.64%9 484
TRELLEBORG AB (PUBL)6.85%6 232
SFS GROUP AG24.95%5 364
GATES INDUSTRIAL CORPORATION PLC37.93%5 132
HARMONIC DRIVE SYSTEMS INC.-38.39%5 002