ZOZO, Inc. Proposes Year End Dividend for Fiscal Year 2023
May 17, 2023 at 02:00 am EDT
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ZOZO, Inc. made a resolution at the Board of Directors held on May 17, 2023, to submit a proposal of the dividends of surplus with the record date of March 31, 2023 to the Company's 25th Ordinary General Meeting of Shareholders, scheduled on June 28, 2023. The company proposed a dividend of JPY 41.00 per share for year end dividend for fiscal year 2023 as compared to JPY 36.00 paid a year ago. Effective date June 30, 2023.
ZOZO, Inc., formerly START TODAY CO., LTD. is a Japan-based company engaged in the E-commerce (EC) business which operates Internet shopping Websites. The Companyâs business includes ZOZOTOWN business, PB business, BtoB business, advertising business and other business. The ZOZOTOWN business consists of the purchasing shop, contracted shop and ZOZOUSED business. PB business sells the Company-designed apparel products tailored to the individual shape of the users. The B to B business supports various fulfillment related businesses, such as system development, design production, logistics contracting, marketing support of EC sites operated independently by apparel makers. The advertising business uses ZOZOTOWN and WAR's user reach base to provide advertising space to client brands and advertising agencies and earns advertising revenue. The others business includes business associated with ZOZOTOWN, such as paid member revenue, shipping income and settlement fee income.
ZOZO, INC. 
