LONG LIFE HOLDING Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Fiscal Year Ended October 31, 2016; Provides Consolidated and Non-Consolidated Earnings Guidance for the First Half of 2017 and Year Ending October 31, 2017; Announces Dividend for the Fiscal Year Ended October 31, 2016, Payable on January 10, 2017; Provides Dividend Guidance for the Year Ending October 31, 2017
For the year, on non-consolidated basis, the company reported net sales of JPY 861 million compared to JPY 805 million a year ago. Operating income was JPY 316 million compared to JPY 271 million a year ago. Ordinary income was JPY 298 million compared to JPY 238 million a year ago. Profit was JPY 116 million compared to JPY 148 million a year ago. Net income per share was JPY 11.26 compared to JPY 14.19 a year ago. Return on equity was 6.9% compared to 10.7% a year ago.
The company provided consolidated and non-consolidated earnings guidance for the first half of fiscal 2017 and full year ending October 31, 2017. For the first half, on consolidated basis, the company expects net sales to be of JPY 5,960 million. Operating income expected to be of JPY 180 million. Ordinary income expected to be of JPY 150 million. Profit attributable to owners of parent expected to be of JPY 30 million. Profit per share expected to be of JPY 2.91.
For the year ending October 31, 2017, on consolidated basis, the company expects net sales to be of JPY 12,500 million. Operating income expected to be of JPY 700 million. Ordinary income expected to be of JPY 630 million. Profit attributable to owners of parent expected to be of JPY 330 million. Profit per share expected to be of JPY 31.98.
For the first half, on consolidated basis, the company expects net sales to be of JPY 465 million. Ordinary income expected to be of JPY 135 million. Profit expected to be of JPY 85 million. Profit per share expected to be of JPY 8.24.
For the year ending October 31, 2017, on non-consolidated basis, the company expects net sales to be of JPY 930 million. Ordinary income expected to be of JPY 270 million. Profit expected to be of JPY 160 million. Profit per share expected to be of JPY 15.50.
The company announced dividend of JPY 7.50 per share for the year ending October 31, 2016 compared to JPY 8.50 per share a year ago. Dividend will be payable on January 10, 2017.
The company provided dividend guidance for the year ending October 31, 2017. For the year, the company provided dividend guidance of JPY 8.00 per share compared to JPY 7.50 per share a year ago.