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Japan Securities Finance raises total fiscal year dividend

Japan Securities Finance Co. Ltd. raised its total dividend for the fiscal year ended March 31.

The company said May 18 that it raised its year-end dividend to ¥17 per share from the prior-year dividend of ¥10 per share. The company's total dividend for the year, including an interim dividend of ¥9 per share, rose to ¥26 per share from ¥18 per share.

Japan Securities Finance expects its total dividend for the year ending March 31, 2019 to amount to ¥22 per share.

The company also expects to conduct a share buyback for fiscal year 2018-2019. It aims to repurchase up to 1 million shares amounting to up to ¥800 million. The share buyback period will last from June 6 to March 22, 2019.

As of May 18, US$1 was equivalent to ¥110.73.