Taiyo Yuden Co., Ltd. Provides Dividend Guidance for the Second Quarter Ending September 30, 2022 and Fiscal Year Ending March 31, 2023
August 03, 2022 at 02:00 am EDT
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Taiyo Yuden Co., Ltd. provided dividend guidance for the second quarter ending September 30, 2022 and Fiscal Year Ending March 31, 2023. For the quarter, the company expects to pay dividend of ¥45.00 per share against ¥40.00 a year ago.
For the year, the company expects to pay dividend of ¥45.00 per share against ¥40.00 a year ago.
Taiyo Yuden Co., Ltd. specializes in the design, manufacturing and marketing of electronic components. Net sales break down by family of products as follows:
- ceramic capacitor (64.9%);
- modules (15.6%);
- ferrites for inductors (13.8%);
- other (5.7%): primarily ceramic microchips.
Net sales break down by market between communication equipment (32%; mobile phones, etc.), IT infrastructure and industrial equipment (24%), automotive (19%), IT equipment (15%; computers and peripherals) and consumer electronics (10%; TV-sets, digital cameras, game consoles, etc.).
Net sales are distributed geographically as follows: Japan (9.7%), China (35.8%), Hong Kong (16%) and other (35.8%).