Tsubakimoto Chain Co. Declares Dividend for the Fiscal Year Ended March 31, 2024, Payable on June 28, 2024 and Provides Dividend Guidance for the Second Quarter End and Full Year Ending March 31, 2025
May 14, 2024 at 03:25 am EDT
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Tsubakimoto Chain Co. declared dividend for the fiscal year ended March 31, 2024 and provided dividend guidance for the second quarter end and full year ending March 31, 2025, for the year ended March 31, 2024, the company declared dividend of JPY 100.00 per share against JPY 70.00 per share a year ago. Scheduled date of commencing dividend payments: June 28, 2024.
For the second quarter end of year ending March 31, 2025, the company expects dividend of JPY 99.00 per share against JPY 60.00 per share a year ago.
For the year ending March 31, 2025, the company expects dividend of JPY 47.00 per share against JPY 100.00 per share a year ago.
TSUBAKIMOTO CHAIN CO. is mainly engaged in the manufacture and sale of chains for power transmission and transportation use, variable speed reducers, linear working units, timing chains, power drive chains, conveyors and transportation systems. In addition, the Company is also involved in the manufacture, sale, research and development of automotive parts and material handling equipment. The Company operates through four segments: Chain, Precision Equipment, Automobile Parts and Material handling segments. The Chain segment offers standard form chains, oil-free chains, powerful chains, standard conveyor chains and free flow chains, as well as cable chains and cable accessories, among others. The Precision Equipment segment provides gear motors, gear-boxes, tensioners, guides, levers, sprockets, among others. The Automobile Parts segment provides tensioners, guides, power drive chains and others. The Material Hnadling segment provides systems for the logistics industry and others.
Tsubakimoto Chain Co. Declares Dividend for the Fiscal Year Ended March 31, 2024, Payable on June 28, 2024 and Provides Dividend Guidance for the Second Quarter End and Full Year Ending March 31, 2025
TSUBAKIMOTO CHAIN CO. 
