Topy Industries, Limited Revises Dividend Guidance for Year Ending March 31, 2024
March 28, 2024 at 09:30 pm EDT
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Topy Industries, Limited announced that in light of the adjustment of the consolidated financial forecasts for the fiscal year ending March 31, 2024, and in accordance with the dividend policy described above, the year-end dividend forecast for the fiscal year ending March 31, 2024 will be JPY 68 per share, a reduction of JPY 10 from the amount announced on November 7, 2023.
TOPY INDUSTRIES, LIMITED is an automobile and industrial machinery parts manufacturing company. The Company operates in three segments. The Steel segment is engaged in the manufacture of steel products by using electrical furnace, and the production and sale of rolled steel products including wide flange beams, standard shaped steel and deformed bars. The Automobile and Industrial Machinery Parts segment is engaged in the provision of automotive steel wheels, aluminum wheels, steel wheels for construction machinery, stamping products for automotive, industrial fasteners and industrial machine parts including undercarriage components of power shovels and bulldozers, and cutting edge of motor graders. The Power Generation segment is engaged in the power generation business and the wholesale of power. The Company is also engaged in the provision of sign systems, synthetic mica and crawler robots, civil engineer and construction business, the leasing of real estates and others.
TOPY INDUSTRIES, LIMITED 
