Japan Elevator Service Holdings Co., Ltd. (the "Company") announces that at the meeting of the Board of Directors held today a resolution was passed to revise the forecast for the year-end dividend for the fiscal year ending March 31, 2022 as follows.
1. Reasons for the revision
The Company maintains a basic policy to ensure stable and continuous returns to shareholders while securing internal reserves required for future business development and for enhancing the management foundation.
Based on the above policy, the Company previously withheld decisions on the amount of year-end dividend for the fiscal year ending March 31, 2022. Taking into consideration the results for the current fiscal year and future business development, however, the Company has decided to revise its year-end dividend forecast to ¥13.00 per share.
2. Revision
Annual dividends per share
Fiscal year-end
Total
Previous forecast
Yen
Yen
(Released on May 12, 2021)
To be determined
To be determined
Revised forecast
13.00
13.00
Results for the current fiscal
year
Results for the previous fiscal
year
12.00
12.00
(Fiscal year ended March 31,
2021)
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Japan Elevator Service Holdings Co. Ltd. published this content on 08 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 November 2021 06:17:18 UTC.
JAPAN ELEVATOR SERVICE HOLDINGS CO.,LTD. is a Japan-based company mainly engaged in the provision of the maintenance and inspection service for elevators and escalators, as well as the renewal service for elevators. The Company operates three kind of businesses. The maintenance and inspection business is involved in the provision of maintenance, inspection, replace and repair services for the engine performance and the operation safety of elevators and escalators. The renewal business is involved in the provision of a full range of main componentsâ replacing service, the removal service of products already in the field, as well as the new setting service for elevators which are installed 20 years ago. The others business is involved in the sale of parts for elevatorâs maintenance.