Japan Elevator Service : Notice of Payment of Dividends
May 25, 2022 at 01:08 pm EDT
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Translation
This document is an excerpt translation of the original Japanese document and is only for reference purposes.
In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.
May 25, 2022
Company name:
Japan Elevator Service Holdings Co., Ltd.
Representative:
Katsushi Ishida,
Representative Director CEO
(TSE Prime Market, Stock Code: 6544)
Contact:
Kimihiko Imamura,
Director, Deputy President and Executive
Officer, CFO
TEL:
+81-3-6262-1625
Notice of Payment of Dividends
Japan Elevator Service Holdings Co., Ltd. (the "Company") announces that at the meeting of the Board of Directors held today a resolution was passed to distribute dividends from surplus with a record date of March 31, 2022 and to make a proposal to the 28th Annual General Meeting of Shareholders scheduled for June 23, 2022.
1. Details of dividends
Latest forecast
Results for the previous
fiscal year
Resolved
(announced on
(Fiscal year ended
May 12, 2022)
March 31, 2021)
Record date
March 31, 2022
Same as on the left
March 31, 2021
Dividends per
14.00 yen
Same as on the left
12.00 yen
share
Total dividends
1,242,286 thousand
-
1,062,885 thousand
yen
yen
Effective date
June 24, 2022
-
June 28, 2021
Dividends resource
Retained earnings
-
Retained earnings
2. Reasons for dividends
The Company maintains a basic policy to ensure stable and continuous returns to shareholders while securing internal reserves required for future business development and for enhancing the management foundation.
Based on the above policy, taking into consideration that the results for the fiscal year ended March
31, 2022 exceeded the previously released forecast, the Company has decided to revise the amount of year-end dividends to ¥14.00 per share for the fiscal year ended March 31, 2022, an increase of ¥1.00 from the previous forecast ¥13.00, in order to reward shareholder's for their support of the Company.
(Reference)Breakdown of annual dividends
Dividends per share
Record date
Fiscal year-end
Annual Total
Results for the current
14.00 yen
14.00 yen
fiscal year
Results for the previous
fiscal year
12.00 yen
12.00 yen
(Fiscal year ended March
31, 2021)
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Japan Elevator Service Holdings Co. Ltd. published this content on 25 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 May 2022 16:12:57 UTC.
JAPAN ELEVATOR SERVICE HOLDINGS CO.,LTD. is a Japan-based company mainly engaged in the provision of the maintenance and inspection service for elevators and escalators, as well as the renewal service for elevators. The Company operates three kind of businesses. The maintenance and inspection business is involved in the provision of maintenance, inspection, replace and repair services for the engine performance and the operation safety of elevators and escalators. The renewal business is involved in the provision of a full range of main componentsâ replacing service, the removal service of products already in the field, as well as the new setting service for elevators which are installed 20 years ago. The others business is involved in the sale of parts for elevatorâs maintenance.