Koito Manufacturing Co., Ltd. Revises Dividend Guidance for the Fiscal Year Ended March 31, 2024
April 25, 2024 at 02:45 am EDT
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Koito Manufacturing Co., Ltd. announced that, at the meeting of the board of directors on April 25, 2024, it was resolved to pay dividends as appropriation of retained earnings for the record date of March 31, 2024. Revised Dividend Guidance for the Fiscal Year Ended March 31, 2024. For the period, the company now expects dividend of ¥28.00 per share.
Total amount of dividends ¥8,617 million. Record date is on March 31, 2024 with Effective date is on June 28, 2024 against prior guidance of ¥25.00 per share. This matter will be presented for approval to the Ordinary General Meeting of Shareholders scheduled for June 27, 2024.
KOITO MANUFACTURING CO., LTD. is mainly engaged in the manufacture and sale of automotive lighting equipment, aircraft parts, railway vehicles parts, electrical equipment and measuring equipment. The Company mainly operates in six segments, including Japan, China, Asia, North America, Europe and Others. The Companyâs major products include light-emitting diode (LED) head lamps, discharge head lamps, headlights, sign lamps, high mount stop lamps, halogen bulbs, miniature bulbs and other lamp fittings, control equipment for rail vehicles, roads traffic signals, traffic control systems, roads and tunnels illumination lamps, facilities illumination lamps, accommodation equipment, aircraft parts, electronic parts, head lamps cleaners, sheets for aircraft and rail vehicles, as well as environment control equipment. The Company is also engaged in the development and manufacture of forward monitoring operation support systems for advanced driver-assistance systems (ADAS) through subsidiary.
KOITO MANUFACTURING CO., LTD. 
