Yondenko Corporation (JP:1939) has released an update.
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Yondenko Corporation has announced a share split aimed at increasing liquidity and investor base, with each shareholder receiving three shares for every share held as of September 30, 2024. Additionally, the company plans to revise its Articles of Incorporation to raise the total number of shares authorized for issuance to 120 million shares effective October 1, 2024. Reflecting solid profit growth, Yondenko Corporation also revised its dividend forecast upwards to 150 yen per share for the fiscal year ending March 31, 2025.
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