A.D.Works Co.,Ltd. Announces Consolidated Earnings Results for the Year Ended March 31, 2017; Announces Dividend for the Year Ended March 31, 2017, Payable on June 30, 2017; Provides Interim Dividend Guidance for Year Ending March 31, 2018; Provides Consolidated Earnings Guidance for Fiscal Year Ending March 31, 2018
A.D.Works Co.,Ltd. announced consolidated earnings results for the year ended March 31, 2017. For the year, the company reported net sales of ¥18,969 million, operating income of ¥1,040 million, ordinary income of ¥748 million and net income attributable to owners of parent of ¥540 million or ¥2.51 per diluted share compared to net sales of ¥15,733 million, operating income of ¥867 million, ordinary income of ¥650 million and net income attributable to owners of parent of ¥426 million or ¥1.98 per diluted share a year ago. Cash flows used in operating activities were ¥5.128 million compared to ¥1,395 million a year ago. EBITDA was ¥1,216 million against ¥926 million a year ago. ROE was 8.5%. Net income before taxes was ¥835,015,000 compared to ¥650,658,000 a year ago. Payments for purchase of tangible fixed assets were ¥28,556,000 compared to ¥21,261,000 a year ago. Payments for purchase of intangible fixed assets were ¥30,849,000 compared to ¥19,231,000 a year ago.
The company announced dividend of ¥0.55 per share for the year ended March 31, 2017, payable on June 30, 2017.
For the year ending March 31, 2018, the company expects interim dividend of ¥1.65 per share.
For the year ending March 31, 2018, on consolidated basis, the company expects net sales of ¥20,000 million, ordinary income of ¥1,400 million, EBITDA of ¥900 million and net income of ¥580 million.