The Takigami Steel Construction Co., Ltd. Announces Year-End Dividend for the Fiscal Year Ended March 31, 2017, Payable on June 30, 2017; Provides Dividend Guidance for the Year to Date Period Ending September 2017 and Fiscal Year Ending March 31, 2018; Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2017; Provides Consolidated and Non-Consolidated Earnings Guidance for the Year to Date Period Ending September 2017, and Fiscal Year Ending March 31, 2018
May 15, 2017 at 02:20 am
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The Takigami Steel Construction Co., Ltd. announced a year-end dividend of JPY 5.00 per share for the fiscal year ended March 31, 2017, compared with JPY 6.00 for the fiscal year ended March 31, 2016. The dividend payable date (as planned) is June 30, 2017.
The company provided dividend guidance for the year to date period ending September 2017 and fiscal year ending March 31, 2018. For the year to date period, the company expects to pay dividend of JPY 5.00 per share against JPY 5.00 per share for the same period a year ago.
For the year, the company expects to pay year-end dividend of JPY 50.00 per share against JPY 5.00 per share for the same period a year ago.
The company announced consolidated and non-consolidated earnings results for the year ended March 31, 2017. For the year, on consolidated basis, the company reported net sales of JPY 15,848 million against JPY 19,163 million a year ago. Operating income was JPY 543 million against JPY 1,916 million a year ago. Ordinary income was JPY 760 million against JPY 2,123 million a year ago. Profit attributable to owners of parent was JPY 581 million or JPY 26.66 per basic share against JPY 1,720 million or JPY 72.14 per basic share a year ago. Rate of return on equity was 1.7% against 5.0% a year ago. Cash flows from operating activities were JPY 1,257 million against cash flows used in operating activities of JPY 1,832 million a year ago. Net assets per share was JPY 1,600.
33 compared to JPY 1,550.15 a year ago.
For the year, on non-consolidated basis, the company reported net sales of JPY 13,055 million against JPY 16,192 million a year ago. Operating income was JPY 436 million against JPY 1,392 million a year ago. Ordinary income was JPY 1,762 million against JPY 1,631 million a year ago. Profit was JPY 1,615 million or JPY 74.02 per basic share against JPY 1,347 million or JPY 56.51 per basic share a year ago.
For the year to date period ending September 2017, on consolidated basis, the company expects to report net sales of JPY 7,000 million, operating income of JPY 200 million, ordinary income of JPY 350 million, profit attributable to owners of parent of JPY 300 million or JPY 13.74 per basic share.
For the fiscal year ending March 31, 2018, on consolidated basis, the company expects to report net sales of JPY 14,500 million, operating income of JPY 450 million, ordinary income of JPY 650 million, profit attributable to owners of parent of JPY 500 million or JPY 229.05 per basic share.
For the year to date period ending September 2017, on non-consolidated basis, the company expects to report net sales of JPY 5,500 million, ordinary income of JPY 700 million, profit of JPY 650 million or JPY 29.78 per basic share.
For the fiscal year ending March 31, 2018, on non-consolidated basis, the company expects to report net sales of JPY 11,500 million, ordinary income of JPY 950 million, profit of JPY 800 million or JPY 366.49 per basic share.
Takigami Steel Construction Co Ltd is a Japan-based company engaged in the design, manufacture and sale of steel structure products. The Company operates in five business segments. The Steel Structure Products Manufacturing segment is engaged in the design, manufacture and construction of steel bridges, iron frames and other steel structure products and the development and sale of precast concrete products for bridges, and sale of asphalt additives. The Real Estate Leasing segment is engaged in the leasing and management of real estate properties. The Materials Sale segment is engaged in processing and sale of steel sheets and various steel materials. The Transportation segment is engaged in transportation of goods and other related business. The machine tool manufacturing segment is engaged in the design, manufacture and sale of machine tools, automotive machine tools, and jigs and tools. The Company also operates a solar power generation business.
The Takigami Steel Construction Co., Ltd. Announces Year-End Dividend for the Fiscal Year Ended March 31, 2017, Payable on June 30, 2017; Provides Dividend Guidance for the Year to Date Period Ending September 2017 and Fiscal Year Ending March 31, 2018; Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2017; Provides Consolidated and Non-Consolidated Earnings Guidance for the Year to Date Period Ending September 2017, and Fiscal Year Ending March 31, 2018