Nippon Shinyaku Co., Ltd. Announces Dividend for the Year Ended March 31, 2021, Scheduled Start of Payment June 30, 2021; Provides Dividend Guidance for the Second Quarter and Fiscal Year 2022
May 13, 2021
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Nippon Shinyaku Co., Ltd. announced dividend of ¥50.00 per share for the year Ended March 31, 2021 compared to ¥43.00 per share paid in last year. Scheduled start of payment is June 30, 2021.
The company provided dividend guidance for the second quarter and fiscal year 2022. For the second quarter, the company expects to pay dividend of ¥51.00 per share compared to ¥49.00 per share paid in last year.
For the fiscal year ending March 31, 2022, the company expects to pay dividend of ¥52.00 per share compared to ¥50.00 per share announced in last year.
Nippon Shinyaku Co., Ltd. is a Japan-based company principally involved in the manufacture and sale of pharmaceutical products and functional foodstuffs. The Company operates in two business segments. The Pharmaceutical segment is involved in the manufacture and sale of urinary system therapeutic agents, blood cancer therapeutic agents, pain, inflammation and allergic therapeutic agents, digestive system therapeutic agents, cardiovascular systems and metabolic therapeutic agents. The Functional Foodstuff segment involves in the manufacture and sale of health food materials, quality stability preservatives, protein preparation, spice and seasoning products. The Company is also involved in the business support business, non-life insurance agency business, as well as the provision of real estate leasing services.
Nippon Shinyaku Co., Ltd. Announces Dividend for the Year Ended March 31, 2021, Scheduled Start of Payment June 30, 2021; Provides Dividend Guidance for the Second Quarter and Fiscal Year 2022