Artnature, Inc. Announces Dividend Guidance for the Year Ending March 31, 2017; Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2017
The company reported consolidated earnings results for the nine months ended December 31, 2016. For the period, the company reported net sales of ¥28,667 million compared to ¥30,322 million a year ago. Operating income was ¥2,248 million compared to ¥2,649 million a year ago. Ordinary income was ¥2,391 million compared to ¥2,756 million a year ago. Net income attributable to owners of the parent company was ¥1,510 million or ¥45.49 per diluted share compared to ¥1,509 million or ¥45.47 per diluted share a year ago. Net income was ¥1,511,155,000 compared to ¥1,511,211,000 a year ago. Income before income taxes was ¥2,333,853,000 compared to ¥2,717,470,000 a year ago. Net cash provided by operating activities was ¥2,076,073,000 compared to ¥1,775,184,000 a year ago. Purchase of property, plant and equipment was ¥691,224,000 compared to ¥1,189,804,000 a year ago. Purchase of intangible assets was ¥317,588,000 compared to ¥238,610,000 a year ago.
The company provided consolidated earnings guidance for the year ending March 31, 2017. For the year, the company expected net sales of ¥40,560 million, operating income of ¥3,500 million, ordinary income of ¥3,482 million and net income attributable to owners of the parent company of ¥2,050 million or ¥61.90 per share.