Kakiyasu keeps ¥85 dividend despite softer profit outlook
Sales were almost flat at JPY 36,072m in the year to April, while operating profit fell 4.9% to JPY 1,426m, and management guided to another slight earnings dip in the coming year. The annual dividend stayed at JPY 85 and is forecast to stay there, even as the company cited higher raw-material costs, labour shortages and cautious consumers.