Toshiba Machine Co., Ltd. to Pay Special Dividends
March 31, 2020 at 05:03 pm EDT
Share
Toshiba Machine Co., Ltd. resolved, at its board of directors meeting held on February 21, 2020, to pay the special dividends with the record date of the end of June 2020. Given the total amount of dividends being JPY 3 billion, the amount of dividends per share is estimated as JPY 124.30 (calculated to the third decimal place, and the third decimal place is rounded off), based on 24,135,169 shares, the number of issued shares (excluding treasury shares) as of December 31, 2019.
Shibaura Machine Co Ltd is a Japan-based company mainly engaged in the provision of molding machines and machine tools. It operates through two business segments. Molding Machine segment is engaged in the manufacture, sale, installation, and maintenance of injection molding machines, extrusion molding machines and die casting machines. Products include all-electric injection molding machine EC-SXIII, EC-SX and EC-S series, hybrid type Injection molding machine ED and IS series, special specification injection molding machine, fine foam molding and control system. Machine Tool segment is engaged in the manufacture, sale, installation and maintenance of machine tools. Products include high-speed shape machines MPJ-M and MPJ series, horizontal boring machines BTD-100R12 and BTD-110H.R13/R16, grinding machines KWA-D and KT-C series. It is also engaged in manufacture and sale of industrial robots, servo motors, computer numerical control (CNC) devices, sewerage-related measuring equipment.