Nichiha Corporation Provides Dividend Guidance for the Year Ending March 31, 2017; Reports Consolidated Earnings Results for the Nine Months Quarter Ended December 2016; Provides Consolidated Earnings Guidance for the Fourth Quarter Ending March 2017
January 31, 2017 at 11:40 am
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Nichiha Corporation provided dividend guidance for the year ending March 31, 2017. For the period, the company expects to pay dividend of JPY 30.00 per share against JPY 15.00 per share paid a year ago.
The company reported consolidated earnings results for the nine months quarter ended December 2016. For the period, the company reported net sales of JPY 87,243 million, operating income of JPY 10,118 million, ordinary income of JPY 10,387 million and profit attributable to owners of parent of JPY 7,402 million or JPY 199.89 per diluted share as compared to net sales of JPY 83,357 million, operating income of JPY 6,293 million, ordinary income of JPY 6,358 million and profit attributable to owners of parent of JPY 4,638 million or JPY 125.32 per diluted share for the same period a year ago. Net assets per share were JPY 1,823.12 as on December 2016.
The company provided consolidated earnings guidance for the fourth quarter ending March 2017. For the quarter, the company expects net sales to be JPY 117,000 million, operating income to be JPY 12,800 million, ordinary income to be JPY 13,000 million and profit attributable to owners of parent to be JPY 9,400 million or JPY 254.34 per share.
Nichiha Corp is a company mainly engaged in the manufacture and sale of armoring materials. The armoring material business is engaged in the manufacture and sale of armoring materials and external wall materials for ceramic industry, as well as metal armoring materials and templates. The fiber board business is engaged in the manufacture and sale of fiber boards. The construction business is engaged in the operation of exterior finish works using the Company's products. The FP business is engaged in the manufacture and sale of urethane insulation panels, custom home sales and home remodeling. The others business is engaged in the operation of maintenance business, cleaning business and industrial waste business related to the product manufacturing.
Nichiha Corporation Provides Dividend Guidance for the Year Ending March 31, 2017; Reports Consolidated Earnings Results for the Nine Months Quarter Ended December 2016; Provides Consolidated Earnings Guidance for the Fourth Quarter Ending March 2017
NICHIHA CORPORATION 
