TYO:6370

2 stories mentioning TYO:6370Updated just now

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Kurita Water Industries to Transfer Chugoku Region Business to Wholly Owned Subsidiary

Kurita Water Industries (TYO:6370) has agreed to an absorption-type company split, effective Oct. 1, transferring its water treatment facility maintenance and service business in the Chugoku Region to its wholly owned subsidiary, Kurita West Japan.The split aims to strengthen Kurita's business foundation in the Chugoku Region to meet diverse customer needs and accelerate solution offerings, according to a Tokyo bourse filing on Friday.As this is a transaction between a parent company and its wholly owned subsidiary, no shares or other consideration will be exchanged, and Kurita's share capital will remain unchanged.

TYO:6370

Asia52d ago

Kurita Water Industries Declares Higher Year-End Dividend

Kurita Water Industries (TYO:6370) declared a year-end dividend of 56 yen per share for the fiscal year ended March 31, matching earlier forecasts and higher than the 46 yen per share paid a year ago.The total dividend payment amounts to 6.15 billion yen, payable from retained earnings on June 26, according to a Tokyo bourse filing on Tuesday.For the fiscal year ending March 31, 2027, Kurita Water Industries expects a total dividend of 112 yen per share, consisting of an interim and year-end dividend of 56 yen each.

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