Kikusui Chemical Industries Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2017; Announces Dividend for the Six Months Ended September 30, 2017, Payable on December 6, 2017; Provides Dividend Guidance for the Year Ending March 31, 2018; Provides Earnings Guidance for the Year Ending March 31, 2018
November 13, 2017
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Kikusui Chemical Industries Co., Ltd. reported consolidated earnings results for the six months ended September 30, 2017. For the period, the company's net sales were JPY 9,996 million compared to JPY 9,728 million a year ago. Operating income was JPY 156 million compared to JPY 56 million a year ago. Ordinary income was JPY 150 million compared to JPY 80 million a year ago. Profit attributable to owners of parent was JPY 70 million compared to JPY 56 million a year ago. Earnings per share was JPY 5.63 compared to JPY 4.54 a year ago.
The company announced dividend for the six months ended September 30, 2017. For the period, the company announced dividend of JPY 7 per share compared to JPY 7 per share paid a year ago. Scheduled date of payment of cash dividends is on December 6, 2017.
The company provided dividend guidance for the year end of fiscal 2018. For the year end, the company expects to pay dividend of JPY 9 per share compared to JPY 9 per share paid a year ago.
The company also provided earnings guidance for the year ending March 31, 2018. For the year, the company expected net sales of JPY 22,860 million, operating income of JPY 431 million, ordinary income of JPY 455 million and profit attributable to owners of parent of JPY 270 million or JPY 21.58 per share.
KIKUSUI CHEMICAL INDUSTRIES CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of building finishing materials, building base preparation materials, tile adhesives, building civil engineering materials, the sales of related products, and renovation work. Architectural finishing materials are used for decoratively finishing the inner and outer walls of buildings. The building base adjustment materials are used for base adjustment of interior and exterior finishing work. The tile adhesive materials are used for attaching a tile to a wall surface. Architectural civil engineering materials include auxiliary paper and other materials for drawing architectural finishing materials onto walls to draw patterns. Building refresh is a building renovation work.
Kikusui Chemical Industries Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2017; Announces Dividend for the Six Months Ended September 30, 2017, Payable on December 6, 2017; Provides Dividend Guidance for the Year Ending March 31, 2018; Provides Earnings Guidance for the Year Ending March 31, 2018
KIKUSUI CHEMICAL INDUSTRIES CO., LTD. 
