Taiheiyo Cement Corporation
Notice Regarding Receipt of Dividends from Consolidated Subsidiary
Expected to receive dividends of 100 million USD (approximately 16 billion JPY) from consolidated subsidiary Taiheiyo Cement U.S.A., Inc. on March 25, 2026. Scheduled to be recorded as non-operating income in the standalone financial results for fiscal year ending March 2026.
Key Figures
- Dividend Amount: 100 million USD (approximately 16 billion JPY)
- Dividend Receipt Date: 2026-03-25
- Exchange Rate: 1 USD = 159.88 JPY (TTM rate as of March 19, 2026)
AI要約
Overview of Dividend Receipt
Taiheiyo Cement U.S.A., Inc., a consolidated subsidiary of Taiheiyo Cement Corporation, resolved a dividend of surplus at its board meeting held on March 23, 2026. Accordingly, the Company expects to receive dividends of 100 million USD (approximately 16 billion JPY) from the subsidiary on March 25, 2026.
Financial Impact and Future Outlook
These dividends will be recorded as non-operating income in the standalone financial results for the fiscal year ending March 2026. On the other hand, since the dividends are from a consolidated subsidiary, the impact on the consolidated financial results for the fiscal year ending March 2026 is expected to be minimal.
