Kanematsu (TYO:8020) declared a year-end dividend of 34.25 yen per share for the fiscal year 2026, matching earlier forecasts but lower than the 52.50 yen paid a year ago.
The total dividend payment amounts to 5.77 billion yen, payable from retained earnings on June 10, according to a Tokyo bourse filing on Monday.
The company's basic policy targets a consolidated dividend payout ratio of 30% to 35%.
Visual China Group (SHE:000681) said its co-invested investment vehicle, Sheng Sheng Bu Xi Equity Investment Partnership, completed its private fund filing with the Asset Management Association of China (AMAC) on May 19.Sheng Sheng Bu Xi Equity Investment Partnership is a fund co-invested by company subsidiary Beijing Huaxia Visual Technology, according to a weekend filing with the Shenzhen bourse.The fund, managed by Beijing Huagai Chuangying Private Fund Management, has a total subscribed size of 55 million yuan, with Beijing Huaxia Visual Technology contributing 6 million yuan for a 10.91% stake.Bank of Hangzhou served as custodian.Shares of the photo and media agency were down 1% in recent trade.
Mitsubishi Electric (TYO:6503) expects to log extraordinary gains of about 210 billion yen in its non-consolidated financial results for the fiscal year ending March 2027.This follows a partial return of retirement benefit trust assets totalling 300 billion yen on May 29, according to a Tokyo bourse filing on Monday.The return is possible because the plan assets, including the retirement benefit trust, are overfunded relative to defined benefit obligations-a situation projected to persist.Under IFRS applied to its consolidated financial statements, however, the gain will be recognized in other comprehensive income rather than in the consolidated statement of profit or loss.Consequently, the forecasted consolidated financial results for the fiscal year ending March 2027 remain unaffected.
Dhruv Consultancy Services (NSE:DHRUV, BOM:541302) received a letter of award worth 55.8 million Indian rupees from the National Highways Authority of India, according to an Indian bourse filing on Friday.Shares of the company rose over 4% in Monday's trade.The contract is for supervision consultancy services related to maintenance and periodic renewal work on a section of NH-52 in Maharashtra, the filing said. The project covers the Aurangabad-to-Karodi and Karodi-to-Telwadi stretches with a total length of about 80.4 km, it added.It will be executed in over 60 months.