First-Corporation Inc. Reports Non-Consolidated Earnings Results for the Nine Months Ended of February 28, 2017; Provides Earnings Guidance for the Fiscal Year Ending of May 31, 2017; Provides Dividend Guidance for the Year Ending of May 31, 2017
The company provided earnings guidance for the fiscal year ending of May 31, 2017. For the period, the company expects net sales to be of JPY 21,842 million. Operating income expected to be of JPY 1,908 million. Ordinary income expected to be of JPY 1,836 million. Net income expected to be of JPY 1,270 million. Net income per share expected to be of JPY 101.37.
The company provided dividend guidance for the year ending of May 31, 2017. For the period, the company expects dividend of JPY 37.00 per share compared to JPY 26.00 per share a year ago.