SPARX Group Co., Ltd Revises Dividend Guidance for the Fiscal Year Ending March 31, 2018
January 31, 2018 at 02:00 am EST
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SPARX Group Co. Ltd. has decided to revise a year-end expected dividend to JPY 7.00 per share for the year ending March 31, 2018, which is an increase compared to the previous fiscal year. This matter shall be officially determined and the dividends will be paid out subject to the approval of the resolution of the 29th general shareholders' meeting that is scheduled to be held in June 2018.
SPARX Group Co., Ltd. is a Japan-based holding company mainly engaged in the asset management business. The Company is engaged in the asset management business for clients, including corporate pension annuities, government entities, private and trust banks and public pension funds; the provision of investment advisory services; the operation of mutual fund business, which includes the provision of various mutual funds to financial institutions and individual investors directly or through brokerage houses, banks and other intermediaries in Japan, Europe and the United States, as well as the securities business, including the provision of advisory services for investors. Through its subsidiaries, the Company is also engaged in the research and operation of foreign stocks, including Japanese, Korean and other Asian stocks.