Company Name: | October 12, 2023 |
MANI, INC. | |
Representative: | Masahiko Saito |
Director, President & Representative | |
Security Code: | Executive Officer |
7730, Prime Market of TSE | |
Inquiries: | Kazuo Takahashi |
Director, Executive Vice President & | |
TEL: | Executive Officer |
028-667-1811 |
Notice Concerning Distribution of Dividends from Surplus
MANI, INC hereby announces that at the Board of Directors meeting held on October 12, 2023, the Company resolved to distribute dividends from surplus with a record date of August 31, 2023, as described below.
1. Details of dividends
Determined year- | Most recent dividend | Year-end dividend | ||||||||
end dividend for | forecast (announced on | |||||||||
paid for FY2022 | ||||||||||
FY2023 | October 11, 2022) | |||||||||
Record date | August 31, 2023 | August 31, 2023 | August 31, 2022 | |||||||
Dividend per | 21.00 yen | 19.00 yen | 18.00 yen | |||||||
share | ||||||||||
Total amount of | 2,068 million yen | ― | 1,772 million yen | |||||||
dividends | ||||||||||
Effective date | November 6, 2023 | ― | November 9, 2022 | |||||||
Source of | Retained earnings | ― | Retained earnings | |||||||
dividends | ||||||||||
2. Reason for dividend amount
Regarding the decision for distribution of dividends from surplus, the Company will continue to actively return profits to shareholders by securing the internal reserves necessary for future business development and strengthening of our management structure, while promoting growth strategies that effectively utilize these reserves. Internal reserve funds will be used to invest in the Smart Factory, construction of MHC's new factory building, research and development, production facilities, and to strengthen sales and marketing activities.
Based on the strong consolidated results and the policy stated above, the Company has decided to increase the year-end dividend by 2 yen from the previous forecast to 21 yen per share for the fiscal year ended August 2023.
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[Reference] Details of annual dividends
Dividend per share | |||||||
Interim | Year-end | Total | |||||
Year ended | 14.00 yen | 21.00 yen | 35.00 yen | ||||
August 31, 2023 | |||||||
Year ended | 12.00 yen | 18.00 yen | 30.00 yen | ||||
August 31, 2022 | |||||||
Disclaimer:
This English translation has been prepared for general reference purposes only.
In the event of any discrepancy between the English translated document and the original Japanese document, the original document shall prevail.
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