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Sugimoto Corporation has expanded its decline, disheartened by the abolition of the shareholder preferential treatment system.
Sugimoto Shoji <9932.T> has widened its decline, temporarily hitting a low of 1,205 yen, down 75 yen. On the afternoon of the 20th, it announced an increase in the Financial Estimates for the year-end Dividends and the abolition of the Shareholder preferential treatment system. The abolition of the preferential treatment system was met with discontent. The company raised its Financial Estimates for the March 2025 fiscal year end Dividends from the previous 20 yen to 27 yen (considering the previous year's achievement of 17.5 yen after the 1-for-2 Stock Splits). On the other hand, regarding the Shareholder preferential treatment system, the company will reassess the fair return of benefits to Shareholders and the utilization status of this system.
Sugimoto: Notice regarding revisions to dividend forecasts (dividend increases) and abolition of shareholder benefit programs
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Sugimoto: Summary of Financial Results for the 3rd Quarter Ending March 31, 2025 [Japanese GAAP] (Consolidated)
Sugimoto & Co Sees FY Net Y1.90B
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