FilingReader Intelligence

Giken Ltd raises dividend, announces share buyback on 50th anniversary

April 10, 2025 at 12:13 PM UTCBy FilingReader AI

Giken Ltd (TSE:6289) announced a revision to its dividend forecast and a share buyback program to commemorate the 50th anniversary of its Silent Piler technology. The company will issue a commemorative dividend of JPY 10 per share, increasing the total year-end dividend to JPY 32 per share. This brings the total annual dividend for the fiscal year ending August 31, 2025, to JPY 54 per share, up from the initially planned JPY 44. Furthermore, Giken's Board of Directors approved a plan to repurchase up to 450,000 shares of its common stock for a maximum of JPY 500 million between April 11, 2025, and July 31, 2025. Giken's financial results for the first half of FY2025 show net sales of JPY 11,829 million, operating profit of JPY 1,323 million, and profit attributable to owners of the parent company of JPY 928 million. While these figures represent a decrease compared to the previous year, Giken expects to make up for product sales delays in the second half and maintain its full-year forecast. This includes projected net sales of JPY 26,100 million and operating profit of JPY 2,300 million.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:6289Tokyo Stock Exchange

News Alerts

Get instant email alerts when Giken Ltd publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →