Heiwa Paper Co.,Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2014; Declares Dividend for the Second Quarter Ended as on September 30, 2014, Payable on December 2, 2014; Provides Year End Dividend Guidance for the Fiscal Year Ending March 31, 2015; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2015
November 12, 2014 at 11:00 am
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Heiwa Paper Co.,Ltd. announced consolidated earnings results for the six months ended September 30, 2014. For the six months, the company announced net sales of JPY 9,883 million against JPY 9,988 million a year ago. Operating income was JPY 133 million against JPY 119 million a year ago. Net income was JPY 92 million or JPY 9.37 per share against JPY 75 million or JPY 7.67 per share a year ago.
The company declared dividend for the second quarter ended as on September 30, 2014, at the rate of JPY 5.00 per share same as previous year. Dividend payable date (as planned) is December 2, 2014.
For the fiscal year ending March 31, 2015, the company expects to pay year end dividend of JPY 5.00 per share same as previous year.
The company provided consolidated earnings guidance for the full year ending March 31, 2015. For the full year ending March 31, 2015, the company expects to report net sales of JPY 21,193 million, operating income of JPY 375 million, ordinary income of JPY 418 million and net income of JPY 225 million or JPY 22.80 per share.
HEIWA PAPER CO.,LTD. is engaged in the Japanese paper and Western paper wholesale business. The Japanese and Western paper wholesale business sells Japanese and Western paper. The warehousing and paper processing business is involved in the delivery, storage and packing of its products, as well as the paper processing business.
Heiwa Paper Co.,Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2014; Declares Dividend for the Second Quarter Ended as on September 30, 2014, Payable on December 2, 2014; Provides Year End Dividend Guidance for the Fiscal Year Ending March 31, 2015; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2015
HEIWA PAPER CO.,LTD. 
