November 10, 2023
Listed Company Name: | Chugai Mining Co., Ltd. |
(Stock code no.: 1491, Tokyo Stock Exchange Standard Market) | |
Representative: | Takeo NISHIMOTO, CEO and President |
For Inquiry: | Isao SAKURABA, IR Center (Telephone: 03-3201-1541) |
Distribution of (Interim) Dividends from Surplus
The Company hereby announce that it has decided at the Board of Directors Meeting today to propose September 30, 2023 as the record date to propose the payment of dividends (interim dividends) from surplus.
1. Details of the Dividends
Most recent dividend | Dividend paid for the | ||
Determined Amount | forecast | previous fiscal year | |
(May 12, 2023) | (FY ending March 2023) | ||
Record Date | September 30, 2023 | Same as the left | September 30, 2022 |
Dividend per share | JPY0.50 | TBD | JPY0.00 |
Total amount of dividends | JPY144 million | － | － |
Effective Date | December 5, 2023 | － | － |
Source of dividends | Retained earnings | － | － |
2. Reasons
The Company's basic policy for profit distribution is to continue to pay stable dividends while securing the necessary internal reserves for future business development and strengthening of the management structure. Based on this policy, and taking into consideration the business results for the current fiscal year and future business development, the Company will pay an interim dividend of 0.50 yen per share for the fiscal year ending March 31, 2024.
The year-end dividend is undecided at this time and will be announced as soon as the dividend forecast becomes available.
Reference: Breakdown of annual dividend
Dividend per Share | |||
Record Date | End of the second | End of the Period | Total |
quarter | |||
Dividend forecast | － | TBD | TBD |
Results of the current period | JPY0.50 | － | － |
Results of the previous period | JPY0.00 | JPY0.50 | JPY0.50 |
(period ending March 2023) | |||
This is an English translation of the financial report created in Japanese.
Should there be any discrepancies between the Japanese original and the English translation, the Japanese original shall prevail.
Copyright ©2023 Chugai Mining Co. Ltd. All Rights Reserved