Soda Nikka Co., Ltd. Provides Year End Dividend Guidance for the Year Ending March 31, 2024
August 03, 2023 at 02:00 am EDT
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Soda Nikka Co., Ltd. provided year end dividend guidance for the year ending March 31, 2024. The company expects to pay year end dividend of JPY 14.00 per share for the year ending March 31, 2024 compared to JPY 27.00 per share paid a year ago.
SODA NIKKA CO., LTD. is a Japan-based company mainly engaged in inorganic chemicals, organic chemicals and synthetic resins trading business. The Company operates through three business segments. Chemicals business sells soda products, secondary soda products, ammonia-based products, other inorganic chemicals, chlorine-based, fluorine-based, and petroleum-based solvents, petrochemicals, and organic fine chemicals to the markets of chemistry, paper pulp, food and detergents, and government agencies. Functional Materials business sells synthetic resin raw materials, synthetic resin products, glass fibers, packaging material products, construction, equipment, electronic materials, industrial materials, and resource recycling and processing agents to markets of food, resin processing, and electronics. Other business is engaged in the real estate leasing, warehousing and transportation, processing and sales of packaging materials, and consulting services.