DATE: October 31, 2024 | |
Company: | NS TOOL CO., LTD. |
Representative: | Hiroji Goto, President |
Stock Code: | 6157, Prime Market, Tokyo Stock Exchange |
Contact: | Satoru Toda, Director, |
Corporate Planning Office | |
(TEL+81-3-6423-1135) |
Notice Concerning Dividends of Surplus (Interim Dividend)
NS TOOL CO., LTD. (the "Company") hereby announces that it has resolved, at a meeting of the Board of Directors held today to pay dividends of surplus (interim dividend) with a record date of September 30, 2024. Further details follow:
1. Details of dividend
Most recent dividend | Previous period results | |||||
Determined amount | forecast | (Interim dividend for the | ||||
(Announced on May 13, | fiscal year ended March 31, | |||||
2024) | 2024) | |||||
Record date | September 30, 2024 | September 30, 2024 | September 30, 2023 | |||
Dividend per share | JPY 15.00 | JPY 15.00 | JPY 15.00 | |||
Total amount of dividends | JPY 373 million | - | JPY 372 million | |||
Effective date | December 2, 2024 | - | December 1, 2023 | |||
Source of dividends | Retained earnings | - | Retained earnings |
2. Reason for the dividend payment
The company recognize that returning profits to shareholders is one of its important management priorities, and the basic policy is to implement profit return measures in accordance with business performance, while taking into consideration securing a stable management base and retaining earnings for business expansion.
Based on the above policy, the company will pay dividends with an eye toward stability and continuity, taking into consideration factors such as business performance trends and dividend payout ratios.
Regarding the interim dividend for the fiscal year ending March 2025, taking into consideration the above policy, the company have decided to pay a dividend of 15.00 yen per share.
The company would like to use the retained earnings for research and development based on a medium- to long-term perspective, as well as for investments to expand the company business scale.
- The annual dividend forecastsare as follows:
Dividend per share (JPY) | |||
Record date | Second quarter-end | Fiscal-year end | Total |
Dividend forecasts | JPY 15.00 | JPY 30.00 | |
Actual results for the current fiscal | JPY 15.00 | ||
year | |||
JPY 15.00 | JPY 27.50 | ||
Actual results for the previous fiscal | (Ordinary dividend | (Ordinary dividend | |
year | JPY 12.50) | JPY 12.50 | JPY 25.00) |
(Fiscal year ended March 31, 2024) | (Commemorative dividend | (Commemorative dividend | |
JPY 2.50) | JPY 2.50) |