Alps Alpine Co., Ltd. Provides Dividend Guidance for the Second Quarter and Fiscal Year Ending March 31, 2025
May 09, 2024 at 03:00 am EDT
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Alps Alpine Co., Ltd. provided dividend guidance for the second quarter and fiscal year ending March 31, 2025. For the quarter, the company expects dividend of JPY 30.00 per share against JPY 20.00 per share paid for the same period a year ago.
For the year, the company expects dividend of JPY 30.00 per share against JPY 10.00 per share paid for the same period a year ago.
Alps Alpine Co., Ltd. specializes in the production and marketing of electromechanical components. Net sales break down by family of products and services as follows:
- electronic components (52.4%): mobile phones, household items and industrial equipment components (switches, connectors, encoders, captors, etc.);
- audio and communication equipment for automotive (37.8%);
- logistics services (8.2%);
- other (1.6%).
Net sales are distributed geographically as follows: Japan (19%), China (19.2%), Americas (16.5%), Germany (10.7%), and other (34.6%).