Rheon Automatic Machinery Co., Ltd. Announces Dividend for the Fiscal Year Ended March 31, 2023, Payable on June 28, 2023; Provides Dividend Guidance for the Second Quarter-End of Fiscal Year Ending March 31, 2024
May 22, 2023 at 02:15 am EDT
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Rheon Automatic Machinery Co., Ltd. announced dividend for the fiscal year ended March 31, 2023 and provided dividend guidance for the second quarter-end of fiscal year ending March 31, 2024. For the year, the company announced dividend of JPY 19.00 per share against JPY 8.00 per share paid a year ago. Scheduled date of commencing dividend payments is June 28, 2023.
For the second quarter-end, the company expects to pay dividend of JPY 15.00 per share against JPY 12.00 per share paid a year ago.
RHEON AUTOMATIC MACHINERY CO.,LTD. is a Japan-based company mainly engaged in the development, manufacture and sale of automatic food processing machines, and manufacture and sale of food products. It operates through two business segments. Food Processing Machinery Manufacturing and Sales business operates in Japan, North and South America, Europe and Asia, and is engaged in development, manufacture and sale of food molding machines and bread making lines. It also provides equipment and parts repair, options and technical guidance service. It provides ovens, mixers and packaging machines purchased from other companies. Food Manufacturing and Sales business operates in North and South America and Japan. It manufactures and sells high-processing frozen foods such as croissants, danish pastries, pies, cookies and frozen roll-in dough, and natural yeast bread. Food processing machines include universal automatic packaging machines, Martians, flex in clusters, EZ dividers and others.
Rheon Automatic Machinery Co., Ltd. Announces Dividend for the Fiscal Year Ended March 31, 2023, Payable on June 28, 2023; Provides Dividend Guidance for the Second Quarter-End of Fiscal Year Ending March 31, 2024
RHEON AUTOMATIC MACHINERY CO., LTD. 
