FISCO's stock comment covered HOSHIZAKI CORPORATION's business overview and shareholder return policy. Founded in 1947 and headquartered in Aichi Prefecture, the company holds the leading share of Japan's ice machine market and is expanding overseas. It has set a dividend payout ratio of at least 40% and is reportedly considering share repurchases.
HOSHIZAKI CORPORATION is a commercial kitchen equipment manufacturer engaged in refrigeration equipment, ice machines, dispensers and dishwashers. Founded in 1947, it is headquartered in Aichi Prefecture.
The company maintains the leading share of Japan's ice machine market and is also reportedly expanding its business overseas. In terms of shareholder returns, it has set a dividend payout ratio of at least 40% and has also referred to considering share repurchases.