Log in
E-mail
Password
Show 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. Maxell Holdings, Ltd.
  6. News
  7. Summary
    6810   JP3791800000

MAXELL HOLDINGS, LTD.

(6810)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Maxell : Appropriation of Year-end Dividend from Retained Earnings (No Year-end Dividend)

05/25/2021 | 03:03am EDT

FOR IMMEDIATE RELEASE

Appropriation of Year-end Dividend from Retained Earnings

(No Year-end Dividend)

Tokyo, May 25, 2021 --- Maxell Holdings, Ltd. (TSE: 6810, hereinafter "the Company") today announced that the Company will not make year-end dividend from retained earnings with the record date of March 31, 2021 after resolution at the Board of Directors held today, as follows.

1. Details of Dividends

Latest forecast

(Reference)

Resolution Content

Actual for year ended

(announced on May 13, 2020)

March 2020

Record date

March 31, 2021

same as on left

March 31, 2020

Dividend per share

0.00 yen

0.00 yen

0.00 yen

Total amount of

Dividends

Effective date

Dividend resource

2. Reason

The basic policy of the Company on the distribution of earnings is to continuously provide stable and appropriate returns based on a comprehensive consideration of returns to shareholders, current short-term investment and investment for future business development. The Company basically distribute retained earnings as dividends (ordinary dividends) twice a year at the end of the second quarter and the end of fiscal year. However, as announced on April 28, 2021 in "Summary of Consolidated Financial Results for the Year Ended March 31, 2021", the profit attributable to owners of parent for the fiscal year ended March 31, 2021 was loss of 9,373 million yen, and therefore the Company has decided to make no year-end dividend.

The Company forecasts interim and year-end dividend for the fiscal year ending March 31, 2022 as 12.00 yen per share respectively (full year dividend 24.00 yen per share). The Company apologizes to all the shareholders, and will target to realize early recovery of business and would appreciate for continued support.

(Reference) Detail of annual dividend

Dividend per share

Type of dividend

Special Dividend

Ordinary Dividend

Record date

June 30, 2019

End of second

Year end

Full year

quarter

Results for year

0.00 yen

0.00 yen

0.00 yen

ended March 2021

Results for year

250.00 yen

18.00 yen

0.00 yen

268.00 yen

ended March 2020

-###-

Disclaimer

Hitachi Maxell Ltd. published this content on 25 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 May 2021 07:02:01 UTC.


© Publicnow 2021
All news about MAXELL HOLDINGS, LTD.
07/30Maxell Holdings, Ltd. Reports Consolidated Earnings Results for the First Qua..
CI
07/30Maxell Holdings, Ltd. Provides Dividend Guidance for the Fiscal Year Ending M..
CI
07/30Maxell Holdings, Ltd. Provides Consolidated Earnings Guidance for the Fiscal ..
CI
07/30MAXELL : Notice regarding Responses to the Orders for Action issued by Consumer ..
PU
07/28MAXELL : Notice regarding the Orders for Action issued by Consumer Affairs Agenc..
PU
05/25MAXELL : Appropriation of Year-end Dividend from Retained Earnings (No Year-end ..
PU
04/28MAXELL : Notice regarding Absorption-type Merger of Wholly Owned Subsidiary, Cha..
PU
04/28MAXELL : Notice of difference between non-consolidated financial results of the ..
PU
04/28MAXELL : Notice on recognition of extraordinary loss, income and difference betw..
PU
04/28MAXELL : Summary of Consolidated Financial Results for the Year Ended March 31, ..
PU
More news
Financials
Sales 2022 135 B 1 226 M 1 226 M
Net income 2022 6 025 M 54,8 M 54,8 M
Net Debt 2022 859 M 7,81 M 7,81 M
P/E ratio 2022 10,9x
Yield 2022 2,20%
Capitalization 65 929 M 600 M 599 M
EV / Sales 2022 0,50x
EV / Sales 2023 0,47x
Nbr of Employees 4 555
Free-Float 81,6%
Chart MAXELL HOLDINGS, LTD.
Duration : Period :
Maxell Holdings, Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends MAXELL HOLDINGS, LTD.
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 4
Last Close Price 1 333,00 JPY
Average target price 1 475,00 JPY
Spread / Average Target 10,7%
EPS Revisions
Managers and Directors
Yoshiharu Katsuta President & Representative Director
Noritoshi Masuda Director & Manager-Finance
Yoshihiro Chitose Chairman
Wataru Kitao Independent Outside Director
Tatsuhiko Izumi Independent Outside Director
Sector and Competitors
1st jan.Capi. (M$)
MAXELL HOLDINGS, LTD.3.65%600
NETAPP, INC.35.88%20 129
WESTERN DIGITAL CORPORATION4.57%17 883
PURE STORAGE, INC.16.19%7 489
SHENZHEN KAIFA TECHNOLOGY CO., LTD.-20.46%3 649
INNODISK CORPORATION19.28%588