IBJ LeasingCo. Ltd. raised its dividend for the fiscal year ended March 31 to¥60 per share from ¥56 per share for fiscal 2014.
For the fiscal year ending March 31, 2017, the companyexpects to pay a dividend of ¥62 per share, according to a May 11 statement.
IBJ Leasing said it expects its fiscal 2016 net incomeattributable to owners to rise 3.4% to ¥12 billion, or ¥281.37 per share.Revenues for the fiscal year are expected to clock in at ¥350 billion, whileordinary income is anticipated to come in at ¥18.7 billion.
As of May 11, US$1 wasequivalent to ¥108.60.