The Takigami Steel Construction Co., Ltd. Provides Dividend Guidance for the Year Ending March 31, 2017; Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2016; Provides Earnings Guidance for the Fourth Quarter Ending March 31, 2017
February 14, 2017 at 10:30 am
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The Takigami Steel Construction Co., Ltd. provided dividend guidance for the year ending March 31, 2017. For the year, the company expects to pay dividend of ¥5.00 per share against ¥6.00 per share for the same period last year.
The company reported consolidated earnings results for the third quarter ended December 31, 2016. For the quarter, the company reported net sales of ¥11,594 million against ¥13,841 million a year ago. Operating income was ¥447 million against ¥1,183 million a year ago. Ordinary income was ¥650 million against ¥1,374 million a year ago. Profit attributable to owners of parent was ¥487 million or ¥22.32 per basic share against ¥1,058 million or ¥43.86 per basic share a year ago. Net assets per share were ¥1,603.85.
For the fourth quarter ending March 31, 2017, the company expects net sales of ¥15,500 million, operating income of ¥400 million, ordinary income of ¥600 million, profit attributable to owners of parent of ¥350 million or ¥16.03 per 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. Provides Dividend Guidance for the Year Ending March 31, 2017; Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2016; Provides Earnings Guidance for the Fourth Quarter Ending March 31, 2017
THE TAKIGAMI STEEL CONSTRUCTION CO., LTD. 
