SOLXYZ Co., Ltd. Declares Dividend for the Year Ended December 31, 2016, Payable on March 31, 2017; Provides Dividend Guidance for the Year Ending December 2017; Reports Consolidated and Non- Consolidated Earnings Results for the Year Ended December 31, 2016; Provides Earnings Guidance for the First Half Ending June 2017 and Full Year Ending December 31, 2017
January 31, 2017 at 10:30 am
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SOLXYZ Co., Ltd. declared year-end dividend of ¥8.00 per share for the year ended December 31, 2016. Full year dividend will be ¥8.00 per share against ¥5.00 per share last year. Dividend payable date is March 31, 2017.
The company expects year-end dividend of ¥5.00 per share for the year ending December 2017.
The company reported consolidated and non- consolidated earnings results for the year ended December 31, 2016. For the period, on consolidated basis, the company reported net sales of ¥13,288 million against ¥11,315 million a year ago. Operating income was ¥613 million against ¥593 million a year ago. Ordinary income was ¥604 million against ¥607 million a year ago. Net income attributable to owners of parent was ¥363 million or ¥29.96 per diluted share against ¥300 million or ¥26.28 per diluted share a year ago. Rate of return on equity was 9.0% against 8.6% a year ago. Cash flows from operating activities were ¥441 million against ¥652 million a year ago.
For the period, on non-consolidated basis, the company reported net sales of ¥10,125 million against ¥8,134 million a year ago. Operating income was ¥186 million against ¥215 million a year ago. Ordinary income was ¥211 million against ¥268 million a year ago. Profit was ¥100 million or ¥8.25 per diluted share against ¥87 million or ¥7.68 per diluted share a year ago.
For the half year ending June 2017, the company expects consolidated net sales of ¥6,300 million, operating income of ¥160 million, ordinary income of ¥160 million and net profit attributable to owners of parent of ¥70 million or ¥5.81 per share.
For the year ending December 2017, the company expects consolidated net sales of ¥13,400 million, operating income of ¥700 million, ordinary income of ¥700 million and net profit attributable to owners of parent of ¥400 million or ¥33.23 per share.
SOLXYZ Co., Ltd. is a Japan-based company primarily engaged in the software development business. The Company operates in two business segments. The Software Development segment is engaged in the customized development of software and package systems, the system integration (SI) business, and the provision of related maintenance services, for the financial, information and communications industries, as well as the sale and maintenance of affiliated information equipment. The Digital Signage segment is engaged in the development and sale of digital signage equipment, the design, installation and maintenance of audio/video (AV) systems and security systems. In addition, the Company also provides multi-functional sensor for senior citizens.
SOLXYZ Co., Ltd. Declares Dividend for the Year Ended December 31, 2016, Payable on March 31, 2017; Provides Dividend Guidance for the Year Ending December 2017; Reports Consolidated and Non- Consolidated Earnings Results for the Year Ended December 31, 2016; Provides Earnings Guidance for the First Half Ending June 2017 and Full Year Ending December 31, 2017