Neturen Co., Ltd. Provides Second Quarter End and Year End Dividend Guidance for the Fiscal Year Ending March 31, 2024
August 22, 2023 at 02:00 am EDT
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Neturen Co., Ltd. provided second quarter end and year end dividend guidance for the fiscal year ending March 31, 2024. For the second quarter end, the company expects dividend of JPY 24.00 per share compared to JPY 15.00 per share a year ago.
For the year end, the company expects dividend of JPY 24.00 per share compared to JPY 15.00 per share a year ago.
Neturen Co., Ltd. is a Japan-based company primarily engaged in the manufacture and sale of prestressed concrete(PC) steel bars, steel wires and induction heating equipment. The Company is also enagegd in the leasing of office buildings and other related research and development business. It has two business segments. The Product-related segment manufactures and sells PC steel bar-related products for civil engineering and construction works, and high-strength spring steel wire-related products for automobile and two-wheel vehicle suspension springs. The Induction Heating (IH)-related segment offers induction heating apparatus, construction machine parts, and automobile components, including hollow rack bars and worm wheels. This segment is also involved in the heat treatment and processing businesses. The Company is also engaged in the leasing of office buildings and others.