Financial Products Group Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending September 30, 2017; Announces Consolidated Earnings Results for the First Quarter Ended December 31, 2016; Provides Earnings Guidance for the First Half and Year Ending of September 2017
January 31, 2017 at 11:30 am
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Financial Products Group Co., Ltd. plans to pay final dividend of ¥37.15 per share for the year ending September 30, 2017.
The company announced consolidated earnings results for the first quarter ended December 31, 2016. For the quarter, the company reported net sales of ¥4,743 million against ¥5,798 million a year ago. Operating income was ¥3,020 million against ¥4,091 million a year ago. Ordinary income was ¥3,240 million against ¥4,191 million a year ago. Profit attributable to owners of parent was ¥2,227 million or ¥24.66 per diluted share against ¥2,753 million or ¥29.11 per diluted share a year ago. Income before income taxes was ¥3,236,405,000 against ¥4,180,901,000 a year ago.
The company consolidated earnings guidance for the first half ending March 31, 2017 and year ending September 30, 2017. For the first half, the company currently expects net sales of ¥10,459 million, operating income of ¥6,330 million, ordinary income of ¥6,378 million and profit attributable to owners of parent of ¥4,145 million or ¥46.08 per share.
For the year ending September 2017, the company expects net sales of ¥21,234 million, operating income of ¥12,944 million, ordinary income of ¥12,936 million and profit attributable to owners of parent of ¥8,353 million or ¥92.87 per share.
Financial Partners Group Co Ltd is a Japan-based company mainly engaged in fund and financial services business and aviation services business. The Company operates through two business segments. The Funds and Financial Services Business segment is engaged in leasing fund business, real estate fund business, insurance business, mergers and acquisitions (M&A) business, private equity business, trust business, securities business, real estate leasing business and others. The Aviation Services Business segment operates as an air transport operator and an aerial user operator, primarily engaged in passenger transportation and other businesses. The Company also operates private jet business through subsidiaries.
Financial Products Group Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending September 30, 2017; Announces Consolidated Earnings Results for the First Quarter Ended December 31, 2016; Provides Earnings Guidance for the First Half and Year Ending of September 2017