Heiwa Corp. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018; Announces Dividend for the Second Quarter of Fiscal 2018, Payable on December 8, 2017; Provides Dividend Guidance for the Fiscal Year 2018
November 17, 2017 at 02:34 pm
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Heiwa Corp. announced consolidated earnings results for the six months ended September 30, 2017. For the six months, the company's net sales were JPY 62,177 million compared to JPY 93,633 million a year ago. Operating income was JPY 5,199 million compared to JPY 23,275 million a year ago. Ordinary income was JPY 5,009 million compared to JPY 22,819 million a year ago. Profit before income taxes was JPY 4,934 million compared to JPY 22,283 million a year ago. Profit attributable to owners of parent was JPY 2,122 million compared to JPY 14,758 million a year ago. Earnings of JPY 21.52 per diluted share compared to JPY 149.71 per diluted share a year ago.
For the year ending March 31, 2018, the company expects consolidated net sales of JPY 132,400 million, operating income of JPY 11,500 million, ordinary income of JPY 10,400 million, profit attributable to owners of parent of JPY 4,400 million, and earnings of JPY 44.66 per share.
The company announced dividend of JPY 40.00 per share for the second quarter of fiscal 2018 compared to JPY 40.00 per share paid a year ago. The dividend is payable on December 8, 2017.
For the year 2018, the company expects dividend of JPY 40.00 per share compared to JPY 40.00 per share paid a year ago.
Heiwa Corporation is engaged in the development, manufacture and sale of pachinko machines and pachinko slot machines. The Company operates in two business segments. The Game Machine segment develops, manufactures and sells pachinko machines and pachislot machines. The Golf segment is engaged in the ownership and operation of golf-related businesses.
Heiwa Corp. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018; Announces Dividend for the Second Quarter of Fiscal 2018, Payable on December 8, 2017; Provides Dividend Guidance for the Fiscal Year 2018