USS Co., Ltd. Announces Dividend for the Year Ended March 31, 2022; Provides Dividend Guidance for the Year Ending March 31, 2023
May 11, 2022 at 12:00 am EDT
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USS Co., Ltd. announced dividend of JPY 66.20 per share for the year ended March 31, 2022, an increase of JPY 10.70 from the previous year based on the basic policy of a consolidated dividend payout ratio of 55%.
For the fiscal year ending March 31, 2023, the company forecast a dividend of JPY 67.40, an increase of JPY 1.20.
USS Co Ltd is a Japan-based company mainly engaged in the auto auctions business. The Company operates in two business segments. The Auto Auction segment is engaged in the operation of auto auctions with used car dealers as members, the management of motorcycle auctions with used motorcycle dealers as members, the provision of auto auction connection services by satellite TV line and Internet, the provision of used car information services, the land transportation agency of exhibited cars and successful cars of auto auction, as well as the provision of financial services for auto auction members. The Used Automobile Purchase and Sale segment is engaged in the purchase and sale of used cars and accident-affected vehicles. The other business is engaged in the recycling of used vehicles, the provision of agency services for used vehicles, the sale of solar power generation systems and rental cars, as well as production and sale of recycled plastics.
USS CO., LTD. 
