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JFE Systems Reports Strong Q1 Performance and Plans Increased Shareholder Returns

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JFE Systems Reports Strong Q1 Performance and Plans Increased Shareholder Returns

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JFE Systems, Inc. ( (JP:4832) ) has provided an announcement.

JFE Systems, Inc. reported strong performance in its IT Infrastructure, Smart Solutions, and ERP Solutions businesses, which helped offset revenue declines in the JFE Group division. Despite a forecasted year-on-year decrease in sales and operating income, the company plans to enhance shareholder returns by increasing its dividend payout ratio to approximately 50%, with an annual dividend forecast of 68 yen per share.

More about JFE Systems, Inc.

JFE Systems, Inc. operates in the IT industry, providing IT infrastructure, security solutions, smart solutions, and ERP solutions. The company focuses on enhancing its offerings in these areas to maintain a competitive edge.

Average Trading Volume: 28,955

Technical Sentiment Signal: Buy

Current Market Cap: Yen64.05B

See more data about 4832 stock on TipRanks’ Stock Analysis page.

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