Komehyo Holdings Co.,Ltd. Revises Fiscal Year-End Dividend Guidance for the Fiscal Year Ending March 31, 2023
February 13, 2023 at 01:00 am EST
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Komehyo Holdings Co.,Ltd. revised fiscal year-end dividend guidance for the fiscal year ending March 31, 2023. The company understand that shareholder return is a significant issue in its management strategy. The company's basic policy is to pay appropriate dividends according to sales, income and cash flows while retaining the earnings necessary for the future expansion of business and the enhancement of the company's management structure.
Based on this policy, in overall consideration of the company's income level, financial position and other factors for the fiscal year ending March 31, 2023, the company has decided to revise the year-end dividend forecast for the fiscal year ending March 31, 2023 upwards JPY 10 from JPY 25 per share in the previous forecast to JPY 35 per share.
Komehyo Holdings Co Ltd, formerly Komehyo Co Ltd, is a Japan-based company mainly engaged in the brand fashion business, the tire and wheel business and other business. The Company operates in two business segments. The Brand Fashion segment is involved in the purchase, sale, brokerage and auction management of new and used jewelry products, precious metals, watches, bags, clothing, kimono, cameras, musical instruments and others, as well as the sale of apparels, sneakers and shoe care products. The Tire and Wheel segment is involved in the planning, research, development, manufacture and sale of tires and wheels for passenger cars, automobile supplies and parts. The Company is also engaged in the leasing of real estate properties.
KOMEHYO HOLDINGS CO.,LTD. 
