Inabata : Notice Concerning Revision of Dividend Forecast
February 25, 2021 at 12:02 am EST
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To whom it may concern:
February 25, 2021
Company name: Inabata & Co., Ltd.
Representative: Katsutaro Inabata, Director, President
(Stock code: 8098, First Section of the Tokyo Stock Exchange)
Inquiries:
Koichi Noda, General Manager,
Financial Management Office (TEL 03-3639-6421)
Notice Concerning Revision of Dividend Forecast
Based on recent trends in its operating results, Inabata & Co., Ltd. (the "Company") hereby announces that it has revised the dividend forecast for the fiscal year ending March 31, 2021, which was released on August 6, 2020. Details are as follows.
1. Reason for the revision
With a view to placing an even greater emphasis on returning profits to shareholders and carrying out shareholder returns with more clarity, the Company has adopted a standard for the total amount of shareholder returns consisting of the amount of dividends combined with the amount of treasury shares acquired. The Company will target a total return ratio that is mainly in the range of approximately 30% to 35%, and determine it based on comprehensive judgments that take into account such considerations as medium- and long-term investment for future enhancement of corporate value.
Based on recent trends in its operating results, the Company has revised the forecast for the year-end dividend per share upward from ¥33 to ¥43.
As a result, the annual dividend per share is projected to be ¥63 including the interim dividend of ¥20.
2. Details of the revision
Annual dividend
Interim
Year-end
Total
Previous forecast
(Released on August 6, 2020)
Yen
Yen 33.00
Yen 53.00
Revised forecast
43.00
63.00
Actual for the fiscal year ending March 31, 2021
20.00
Actual for the fiscal year ended March 31, 2020
20.00
33.00
53.00
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Inabata & Co. Ltd. published this content on 25 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 February 2021 05:01:04 UTC.
Inabata & Co., Ltd. is a Japan-based company that sells information and electronics, chemicals and other products. It operates in five business segments. The Information and Electronics segment provides semiconductors and liquid crystal materials, machinery equipment, ink for copiers and printers, as well as materials for electronics industry. The Chemical segment offers raw materials of automobile components, resins and gum, paintings and inks, paper manufacturing chemicals. The Living Industry segment sells intermediates for medical and agricultural chemicals, fine chemicals, raw materials of pesticide and toiletries, functional food, marine products, agricultural products, and starches. The Synthetic Resin segment provides general-purpose resins and engineering plastic. The Housing Environment segment sells wood, bonded wood, wood construction materials, housing equipment and housing-related materials.
INABATA & CO.,LTD. 
