Taiyo Yuden Co., Ltd. Provides Dividend Guidance for the Second Quarter and Fiscal Year Ending March 31, 2024
May 09, 2023 at 02:00 am EDT
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Taiyo Yuden Co., Ltd. provided dividend guidance for the second quarter and fiscal year ending March 31, 2024. For the quarter, the company expects dividend to be JPY 45.00 per share compared to JPY 45.00 per share a year ago.
For the fiscal year, the company expects dividend to be JPY 45.00 per share compared to JPY 45.00 per share 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%).
TAIYO YUDEN CO., LTD. 
