Komatsu Ltd. proposes Dividend for the Year Ended March 31, 2024, payable on June 20, 2024; Provides Interim Dividend Guidance for the Fiscal Year Ending March 31, 2025
April 26, 2024 at 02:00 am EDT
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Komatsu Ltd. announced that at its board meeting held on April 26, 2024, the company decided to pay a dividend from retained earning with the record date of March 31, 2024 and propose this resolution to the 155th ordinary general meeting of shareholders. Details of dividend: Record date is March 31, 2024; Dividend per share is JPY 95; Total amount of dividends is JPY 89,907 million; Effective date is June 20, 2024. Dividend paid for the fiscal year ended March 31, 2023 of JPY 75 per share.
The company provided interim dividend guidance for the fiscal year ending March 31, 2025. For the period, the company expects interim dividend of JPY 83.00 per share compared to JPY 72.00 per share paid a year ago.
Komatsu Ltd. specializes in manufacturing and marketing of construction and mining operating materials. Net sales break down by family of products as follows:
- construction and mining operating materials (91.3%): hydraulic excavators, backhoe loaders, wheel loaders, graders, crawler excavators, forklifts, tunneling, bulldozers, forest tractors, etc.;
- other (6.6%): primarily industrial machines (grinders, press brakes, temperature control equipments, etc.).
The remaining sales (2.1%) are from financing activities.
Net sales are distributed geographically as follows: Japan (13.9%), China (4.7%), Asia and Oceania (21.4%), Americas (37.5%), Europe and CIS (15.7%), Africa and Middle East (6.8%).
Komatsu Ltd. proposes Dividend for the Year Ended March 31, 2024, payable on June 20, 2024; Provides Interim Dividend Guidance for the Fiscal Year Ending March 31, 2025
KOMATSU LTD. 
