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RS Technologies received a commendation for exemplary conduct at the 2024 Osaki City Awards Ceremony.
RS Technologies <3445> announced that it won the "Good Deeds Contribution Award" at the 2024 Oshu City Awards ceremony held in Osaki City, Miyagi Prefecture on the 5th. Individuals and organizations that have made significant contributions to improving the lives and culture of the citizens were recognized for their achievements in various fields and honored by Osaki City. The company has been carrying out various activities to contribute to the development of the "Town, People, and Jobs Creation Promotion Plan" in the same city where its main factory is located. Its past contributions to the city and achievements such as corporate version of hometown tax payment have been recognized.
Company Research Report: RS Technologies Co., Ltd. (3445)
RS Techno---Establishment of a subsidiary (investment company) in China
RS Technologies <3445> announced on the 24th that they will establish a subsidiary (investment company) "Ace Technology Group (Xiamen)" (planned) in the People's Republic of China (Xiamen City).
List of converted stocks (Part 2) [List of converted stocks for Parabolic Signal]
○ List of stocks for sale conversion market Code Stock name Closing price SAR TSE main board <1379> Hokuto 1843 1874<1973>NESIC 26812817<2124>JACR 744786<2148>ITM 16161692<2170>LINK&M 601661<2206>Glico 44254615<2292> S FOODS 2735 2
RS Techno Research Memo (11): With a dividend payout ratio target of 30% in mind, aiming for sustainable dividend growth.
■Shareholder return strategy and esg initiatives 1. RS Technologies <3445> recognizes shareholder returns as an important management issue and has a basic policy of conducting shareholder returns through dividends. The dividend amount is implemented flexibly by comprehensively determining the profit level of each business year, the outlook of the medium-term management plan, financial situation, investment plan, etc. The per-share dividend for the fiscal year ending December 2024 will be increased by 5.0 yen compared to the previous period to 35.0 yen (dividend payout ratio 12.1%).
RS Techno Research Memo (10): The electrolyte business for VRFB aims for a revenue of 24 billion yen in the December 2026 fiscal year.
■RS Technologies <3445> outlook for the future 3. New entry into the market for vanadium redox flow battery electrolyte (1) What is VRFB The company established LE System, which handles the development, manufacturing, and sales of VRFB electrolyte, as a wholly-owned subsidiary in October 2023 (business succession from the former LE System in December of the same year). VRFB is a rechargeable battery that has been developed as a national project since the 1970s as an energy-saving measure, and is now widely used.
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