MISUMI Group Inc. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024
October 26, 2023 at 03:00 am EDT
Share
MISUMI Group Inc. provided dividend guidance for the Fiscal year ending March 31, 2024. For the year, the company expects dividend of JPY 14.50 per share against JPY 12.34 per share a year ago.
MISUMI Group Inc. is a Japan-based company mainly engaged in the factory automation (FA) business, the mold parts business, and the parts and consumables (MRO) business. The Company has three business segments. The FA segment is engaged in the manufacture and sale of shafts, bushes, linear guides, locating parts, pulleys stages and other standard parts for automatic equipment, as well as the development and provision of automatic positioning modules and various research equipment. The Metal Molding Parts segment is engaged in the development and provision of spring guides, ejector pins, core pins, guides, retainers and other standard mold parts for automotive, electronic and electrical equipment fields, as well as the provision of precision mold parts. The Variation & One-stop by New Alliance (VONA) segment is engaged in the general distribution business, as well as the provision of air pressure parts, piping parts, screws, bolts and other manufacturing materials and MRO products.
MISUMI GROUP INC. 
