Showa Aircraft Industry Co., Ltd. Reports Consolidated and Individual Earnings Results for the Full Year Ended March 31, 2013; Provides Consolidated and Individual Earnings Guidance for the Second Quarter of Fiscal 2014 and for the Full Year Ending March 2014; Declares Year-End Dividend, Payable on June 27, 2013; Provides Dividend Guidance for the Second Quarter of Fiscal 2014 and for the Full Year Ending March 2014
For the year, on individual basis, the company reported sales of ¥14,961 million, operating income of ¥1,020 million, recurring profit of ¥748 million and net income of ¥436 million or ¥13.81 per share compared to sales of ¥14,799 million, operating income of ¥1,291 million, recurring profit of ¥989 million and net income of ¥515 million or ¥16.33 per share a year ago.
For the year-end, the company declares dividend of ¥4.00 per share compared to ¥3.00 per share a year ago. Full year dividend was ¥7.00 per share compared to ¥6.00 per share a year ago. The dividend is payable on June 27, 2013.
For the second quarter of fiscal 2014, the company expects to pay dividend of ¥3.00 per share compared to ¥3.00 per share a year ago.
For the year-ending March 2014, the company expects to pay dividend of ¥4.00 per share compared to ¥4.00 per share a year ago. The company expects to pay full year dividend of ¥7.00 per share compared to ¥7.00 per share a year ago.
For the half year, on consolidated basis, the company expects sales of ¥10,500 million, operating income of ¥700 million, recurring profit of ¥550 million and net income of ¥600 million or ¥18.99 per share.
For the year ending March 2014, on consolidated basis, the company expects sales of ¥22,500 million, operating income of ¥1,600 million, recurring profit of ¥1,300 million and net income of ¥900 million or ¥28.49 per share.
For the half year, on individual basis, the company expects sales of ¥6,800 million, operating income of ¥650 million, recurring profit of ¥500 million and net income of ¥300 million or ¥9.50 per share.
For the year ending March 2014, on individual basis, the company expects sales of ¥15,500 million, operating income of ¥1,400 million, recurring profit of ¥1,100 million and net income of ¥550 million or ¥17.41 per share.