Yonex Co., Ltd. Proposes Dividend for the Financial Year Ending March 31, 2022
May 18, 2021 at 02:00 am EDT
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YONEX Co., Ltd. announced that their policy on dividends is to maintain a stable and appropriate level of dividends. The company plan to pay an annual dividend of JPY 6 per share for the financial year of 2022 ending March 31, 2022, including a commemorative dividend of JPY 1 per share for the 75th anniversary of founding.
YONEX CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of sporting goods, and the operation of sports facilities. The Company operates through two business segments. The Sporting Goods segment is mainly engaged in the manufacture, purchase and sale of sporting goods, including badminton rackets, soft tennis rackets, tennis rackets, golf clubs, snowboards, shuttlecocks and strings. The Company distributes it's products within the domestic market and to overseas markets, including Americas, Europe, and Asia. The Sports Facilities segment is mainly engaged in the management and operation of golf courses, tennis driving ranges and golf driving ranges.