trending Market Intelligence /marketintelligence/en/news-insights/trending/aqbzqpzegr6m9qp9hoefjq2 content esgSubNav
In This List

Japan's Orient Corp. declares dividend, names 3 directors

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Japan's Orient Corp. declares dividend, names 3 directors

Japan's Orient Corp. declared a dividend for the fiscal year ended March 31 and nominated three new directors.

The company said June 7 its board recommended a cash dividend of ¥2.00 per share. It did not declare a dividend for the prior fiscal year. Subject to approval, the dividend's effective date is June 27.

Meanwhile, the company nominated Tomoaki Ookuma, Satoshi Itagaki directors and Tatsushi Shingu an outside director.

The company said Yoshihisa Suzuki, Kyohei Ogawa and Nobuo Setta will step down as directors. Suzuki's resignation is effective March 31.

As of June 7, US$1 was equivalent to ¥109.99.