Astena Holdings Co., Ltd. Notice Concerning Dividends from Retained Earnings

Astena Holdings Co., Ltd.
Notice Concerning Distribution of Surplus

Astena Holdings Co., Ltd. (Headquarters: Chuo-ku, Tokyo, President: Keitaro Iwaki, Securities Code: 8095) announced the following at the Board of Directors meeting held on January 13, 2023, on November 30, 2022. We would like to inform you that we have resolved to pay a dividend of surplus on the record date, and will submit it to the 83rd Ordinary General Meeting of Shareholders to be held on February 22, 2023.
1. Dividend details
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2. Reason
The Company implements a dividend policy that is stable and linked to business performance, with a minimum dividend on equity ratio (DOE) of 1.5% and a target payout ratio of 30%.
In the fiscal year ended March 31, 2018, the Group’s business performance was sluggish due to the effects of exchange rate fluctuations due to the rapid depreciation of the yen and soaring resource and energy costs due to the situation in Russia and Ukraine. However, we place importance on returning profits to our shareholders, and we will continue to work on various measures to achieve the goals of the Group’s medium- to long-term vision (Astena 2030 “Diversify for Tomorrow.”). , the year-end dividend for the fiscal year ending November 30, 2022 will be an ordinary dividend of 9.00 yen per share, as initially forecast. Combined with the interim dividend of 9.00 yen, the annual dividend for the current fiscal year will be 18.00 yen (DOE 2.6%, dividend payout ratio 123.6%).
(Reference) Breakdown of annual dividend
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■ [Astena Holdings Co., Ltd. Company Profile]
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Company name: Astena Holdings Co., Ltd.
Location: 4-8-2 Nihonbashi Honcho, Chuo-ku, Tokyo
Representative: Keitaro Iwaki, President and Representative Director Established: September 20, 1941 (Showa 16)
Business description: Business management of group companies, etc. ■ [Contact information]
Astena Holdings Co., Ltd. Inquiry Form

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