SG Holdings Co.,Ltd. Decreases the Year-End Ordinary Dividend Forecast for the Fiscal Year Ended March 31, 2024
April 30, 2024 at 02:00 am EDT
Share
SG Holdings Co.,Ltd. at its board meeting held on April 30, 2024 has decreased the year-end ordinary dividend forecast for the fiscal year ended March 31, 2024 by JPY 1 per share from the previous forecast of JPY 26 per share, to JPY 25 per share, since the consolidated financial results for the full year announced fell below the forecast at the beginning of the fiscal year. Combined with the interim dividend, the annual dividend is expected to be JPY 51 per share, the same amount as the previous fiscal year.
SG Holdings Co Ltd provides delivery business, logistics business and real estate business. The Company operates in three business segments. The Delivery segment provides hikyaku express courier, hikyaku large size courier service, mail service, specified letter service, art transport, delivery agent and food delivery. The Logistics segment provides distribution processing, logistics system construction, inventory storage and delivery management, international courier service and international air and sea transportation. The Real Estate segment provides real estate leasing and management, real estate development, asset management. The Company is also engaged in the transportation non-life insurance agency business, the sale of truck fuel, maintenance and sale of transportation vehicles, development and operation of logistics systems, provision of cash-on-delivery services for courier services, and the provision of human resources centered on work outsourcing in logistics facilities.