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Daibiru : Notice Regarding Cash Dividends (Dividend Increase)

2. Reason For fiscal 2020, our business performed steadily overall, both domestically and overseas, while there was some impact from the novel coronavirus infection (COVID-19). Owing to this, combined with cost reductions, etc., we were able to secure profit attributable to owners of parent that exceeded previous expectations. Our fundamental policy is to implement stable dividends taking into account our business performance and the external environment while maintaining the necessary internal reserves to ensure a sound financial position and future business development. Based on this policy, we are targeting a dividend payout ratio of 30 to 35%. This being the case, the year-end dividend for fiscal 2020 is expected to be ¥11.5 per share, an increase of ¥1.0 from the most recent dividend forecast (¥10.5). As a result, the annual dividend per share will increase ¥1.0 year on year to ¥22.0 (an interim dividend of ¥10.5 and year-end divi

Showa Denko Announces Share Transfer with Change in Subsidiary

Showa Denko Announces Share Transfer with Change in Subsidiary Tender Offer successfully ended on April 15 BriefingWire.com, 4/16/2021 - TOKYO - (JCN Newswire) - As stated in Notice of Execution of Basic Agreement regarding Tender Offer over Subsidiary as of March 4, 2021, Showa Denko K.K. (hereinafter referred to as the Company ) entered into a basic agreement setting forth among others, the application for 3,160,306 shares (hereinafter referred to as the Applied Shares ) of SHOKO CO., LTD. (Code number 8090, listed on the First Section of Tokyo Stock Exchange; hereinafter referred to as SHOKO ), the Company s consolidated subsidiary, among the shares of SHOKO owned by the Company, in a tender offer (hereinafter referred to as the Tender Offer ) for the common shares issued by SHOKO (hereinafter referred to as the SHOKO Shares ) with the Tender Offer being made by SKT Holdings Ltd., (hereinafter referred to as SKTHD ), a w

Business Scoop » Showa Denko Announces Share Transfer With Change In Subsidiary

Business Scoop » Showa Denko Announces Share Transfer With Change In Subsidiary
scoop.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scoop.co.nz Daily Mail and Mail on Sunday newspapers.

Showa Denko Announces Share Transfer with Change in Subsidiary

Showa Denko Announces Share Transfer with Change in Subsidiary
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

Showa Denko Announces Notice of Execution of Basic Agreement regarding Tender Offer over Subsidiary

Showa Denko Announces Notice of Execution of Basic Agreement regarding Tender Offer over Subsidiary Aims to become a world-class, functional chemical manufacturer BriefingWire.com, 3/04/2021 - TOKYO, Mar 4, 2021 - (JCN Newswire) - Showa Denko K.K. (hereinafter referred to as the Company ) hereby announces that, as of today, the Company has entered into: (i) a basic agreement (hereinafter referred to as the Basic Agreement ) setting forth the application for 3,160,306 shares of SHOKO CO., LTD. (Code number 8090, listed on the First Section of Tokyo Stock Exchange; hereinafter referred to as SHOKO ), the Company s consolidated subsidiary, among the shares of SHOKO owned by the Company, in a tender offer for the common shares issued by SHOKO (hereinafter referred to as the SHOKO Shares ), that will commence on March 5, 2021, with such tender offer being made by SKT Holdings Ltd. (hereinafter referred to as SKTHD ), a wholly-owned

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