Kao Corporation Reports Dividend Results for Fiscal Year Ended December 31, 2023, Payable on March 25, 2024; Provides Year End Dividend Guidance for the Fiscal Year Ending December 31, 2024
February 07, 2024 at 01:00 am EST
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Kao Corporation reports dividend results for fiscal year ended December 31, 2023; provided year end dividend guidance for the fiscal year ending December 31, 2024. For the full year, the company reports year end dividend of JPY 75 per share compared to JPY 74 per share paid a year ago. Dividend payments: March 25, 2024.
For the second quarter, the company expected dividend of JPY 76 per share compared to JPY 75 per share paid a year ago.
For the full year, the company expected year end dividend of JPY 76 per share compared to JPY 75 per share paid a year ago.
Kao Corporation specializes in manufacturing and marketing of consumer products. Net sales (including intragroup) break down by family of products as follows:
- care and beauty products (44.4%): body care products (soap, shower products), face care (brand Bioré) and hair care (shampoo, colorants, etc.; Asience, Liese, Curél and Essential);
- house cleaning and laundry care products (22.7%): detergents (brand Attack), dishwashing liquids, cleaners, stain removers, etc.;
- chemical products (21.6%): oleo chemical products (fat alcohols, fat amines, fat acids, etc.), inks, colorants, surfactants, etc. ;
- hygiene products (11.3%): feminine protection products (brand Laurier), diapers (Merries), oral hygiene products, etc. The group is also providing food products.
Net sales break down geographically as follows: Japan (58%), Asia (22%), America (10.5%) and Europe (9.5%).
Kao Corporation Reports Dividend Results for Fiscal Year Ended December 31, 2023, Payable on March 25, 2024; Provides Year End Dividend Guidance for the Fiscal Year Ending December 31, 2024