Wakita & Co.,LTD. Announces Consolidated Earnings Results for the Nine Months Ended November 30, 2018; Provides Earnings Guidance for the Year Ending February 28, 2019; Provides Dividend Guidance for the Year Ending February 28, 2019
January 08, 2019 at 01:30 am
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Wakita & Co.,LTD. announced consolidated earnings results for the nine months ended November 30, 2018. For the period, the company reported Net Sales were ¥53,145 million against ¥49,161 million a year ago. Operating profit was ¥5,123 million against ¥4,548 million a year ago. Profit was ¥3,411 million against ¥3,144 million a year ago. Profit per share was ¥64.84 against ¥60.47 a year ago.
For the year ending February 28, 2019, the company expects net sales to be ¥70,000. Operating profit to be ¥6,100. Profit attributable to owners of parent to be ¥4,100 million or ¥78.84 per share.
For the year ending February 28, 2019, the company expects to pay dividend of ¥30.00 per share against ¥30.00 per share a year ago.
Wakita & Co.,LTD. is a Japan-based company engaged in the sale and leasing of civil engineering and construction machinery, cargo handling and transport machines, commercial equipment, video and audio equipment, game machines, construction materials, as well as rental & sale of real estate. The Company operates through three business segments. Construction Equipment segment is engaged in the sale and rental of civil engineering and construction machinery. Commercial Affairs segment is engaged in the sale of commercial facilities, audio equipment and game machines, among others. Real Estate segment is engaged in lease and sale of real estate including commercial buildings and condominiums.
Wakita & Co.,LTD. Announces Consolidated Earnings Results for the Nine Months Ended November 30, 2018; Provides Earnings Guidance for the Year Ending February 28, 2019; Provides Dividend Guidance for the Year Ending February 28, 2019
WAKITA & CO.,LTD. 
