NS United Kaiun Kaisha : Revision of Dividend Distribution Forecast
January 31, 2020 at 05:00 am EST
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January 31, 2020
Revision of Dividend Distribution Forecast
Listed Company Name:
NS UNITED KAIUN KAISHA, LTD.
Code Number:
9110
Company Representative:
Kazuo Tanimizu, President
Contact for Inquiry:
Toru Kihira, Group Leader, Project Group
(Phone) 81-3-6895-6411
This is to report that we have revised our forecast announced on October 31, 2019 on annual dividend distribution forecast for the fiscal year ending March 2020.
1. Revision of Dividend Distribution Forecast
Annual Dividend
End of 2nd Quarter
Year-end
For Full Year
(Yen)
(Yen)
(Yen)
Previous forecast
－
－
(as announced on October 31, 2019)
Revised forecast
50.00
95.00
Result of current fiscal year
45.00
Reference: Result of previous fiscal year
50.00
65.00
115.00
(for the year ended March 2019)
2. Reason for Forecast Revision
Though we have remained undecided on the year-end dividend distribution for the fiscal year ending March 2020 due to unclear business conditions, we have decided to revise our forecast for the year-end dividend to 50.00 yen per share, considering our latest performance and business environment.
(Note1) Above forecast is based on available information as of the release date of this report. The actual dividend distribution may be different from this statement, due to various unforeseen factors.
(Note 2) Corporate article of NS United Kaiun Kaisha sets September 30 and March 31 as record dates of dividend distribution.
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Disclaimer
NS United Kaiun Kaisha Ltd. published this content on 31 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 January 2020 09:59:01 UTC
NS UNITED KAIUN KAISHA, LTD. is a Japan-based company mainly engaged in the marine business. The Company operates through two business segments. The International Marine Transportation segment is engaged in the transportation of iron ore, coal, steel products and nonferrous ore by bulk carriers, the transportation of crude oil and liquefied petroleum gas (LPG) by tanker, as well as the leasing of ships. The Domestic Marine Transportation segment is engaged in transportation of iron product, limestone, and cement by bulk carriers in domestic waters, the transportation of LPG and liquefied natural gas (LNG) by tankers, as well as the lending of vessels. The other business provides land transportation and information service.
NS UNITED KAIUN KAISHA, LTD. 
