Shin Nippon Biomedical Laboratories, Ltd. (JP:2395) has released an update.
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Shin Nippon Biomedical Laboratories has announced the distribution of interim dividends of ¥20.00 per share from retained earnings, aligned with their stable profit distribution policy. The decision reflects their commitment to maintaining a 30-40% payout ratio, based on the company’s earning capacity and cash flow. This move is expected to reassure shareholders and strengthen investor confidence.
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