Kao Corporation Announces Second Quarter Dividend for the Fiscal Year Ending December 31, 2023, Payable on September 1, 2023; Provides Year End Dividend Guidance for the Fiscal Year Ending December 31, 2024
August 03, 2023 at 02:00 am EDT
Share
Kao Corporation announced second quarter dividend for the fiscal year ending December 31, 2023. For the period, the company announced dividend of JPY 75 per share compared to JPY 74 per share paid a year ago. The dividend will be payable on September 1, 2023.
The company provided year end dividend guidance for the fiscal year ending December 31, 2024. For the full year, the company expected year end dividend of JPY 75 per share compared to JPY 74 per share paid a year ago.
Kao Corporation specializes in manufacturing and marketing of consumer products. Net sales (including intragroup) break down by family of products as follows:
- care and beauty products (44.4%): body care products (soap, shower products), face care (brand Bioré) and hair care (shampoo, colorants, etc.; Asience, Liese, Curél and Essential);
- house cleaning and laundry care products (22.7%): detergents (brand Attack), dishwashing liquids, cleaners, stain removers, etc.;
- chemical products (21.6%): oleo chemical products (fat alcohols, fat amines, fat acids, etc.), inks, colorants, surfactants, etc. ;
- hygiene products (11.3%): feminine protection products (brand Laurier), diapers (Merries), oral hygiene products, etc. The group is also providing food products.
Net sales break down geographically as follows: Japan (58%), Asia (22%), America (10.5%) and Europe (9.5%).
Kao Corporation Announces Second Quarter Dividend for the Fiscal Year Ending December 31, 2023, Payable on September 1, 2023; Provides Year End Dividend Guidance for the Fiscal Year Ending December 31, 2024