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JACCS names 2 directors, ups dividend

JACCS Co. Ltd. nominated two directors and raised its year-end dividend for the fiscal year ended March 31.

The company nominated Takashi Saitou as director and Michiko Kuboyama as outside independent director.

Saitou was a senior executive officer at the company, while Kuboyama is a communication fellow at Lifestyle Research Center of Kao Corp.

Further, the company raised its year-end dividend for the fiscal year to ¥7.50 per share from ¥7.00 per share in the fiscal year ended March 31, 2016. The bank's annual dividend, including an interim dividend of ¥7.50 per share, came in at ¥15.00 per share, compared to ¥14.00 per share in the previous fiscal year.

As of June 6, US$1 was equivalent to ¥109.41.