Nissan Chemical Corporation Announces Year End Dividend for the Year Ended March 2022, Payable on June 29, 2022; Provides Dividend Guidance for the Second Quarter and Full Year Ending March 31, 2023
May 13, 2022 at 02:01 am EDT
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Nissan Chemical Corporation announced year end dividend for the year ended March 2022. For the period, the company announced dividend of JPY 72 per share compared to JPY 58 per share paid a year ago. The dividend will be payable on June 29, 2022.
The company provided dividend guidance for the second quarter and full year ending March 31, 2023. For the second quarter, the company expected dividend of JPY 66 per share compared to JPY 50 per share paid a year ago.
For the full year, the company expected dividend of JPY 88 per share compared to JPY 72 per share a year ago.
Nissan Chemical Corporation specializes in manufacturing and marketing chemical products. Net sales break down by family of products as follows:
- performance materials (30.2%): polyimide resins, colloids, silicas, inorganic materials, etc. for the manufacturng of electronic products (semiconductors, LCD displays, etc.);
- agrochemical products (25.1%): insecticides (Sanmite, Starmite, Mito-Kohne, Leimay and Ikaruga brands), herbicides (Roundup, Targa, Sirius and Permit), fertilizers, etc.;
- basic chemicals and fine chemicals (11.3%): melamine, sulfuric acid, nitric acid, ammonia, etc.;
- pharmaceutical products (2.9%): primarily for treatment of angina, hypertension, cholesterol, etc.;
- other (25.8%).
The remaining sales (25.8%) are from the chemicals trading activity.
Net sales break down geographically as follows: Japan (47.7%), China (14.5%), Korea (10.3%), Asia (13.8%), Europe and the United States (13.7%).
Nissan Chemical Corporation Announces Year End Dividend for the Year Ended March 2022, Payable on June 29, 2022; Provides Dividend Guidance for the Second Quarter and Full Year Ending March 31, 2023
NISSAN CHEMICAL CORPORATION 
