Wakita & Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended November 30, 2014; Proposes Dividend and Consolidated Earnings Guidance for the Full Year Ended February 28, 2015
January 09, 2015 at 10:30 am
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Wakita & Co., Ltd. announced consolidated earnings results for the nine months ended November 30, 2014. For the period, the company reported net sales of JPY 44,066 million compared to JPY 40,554 million a year ago. Operating income was JPY 6,746 million compared to JPY 6,113 million a year ago. Ordinary income was JPY 6,905 million compared to JPY 6,250 million a year ago. Net income was JPY 4,223 million compared to JPY 4,143 million a year ago. Net income per share was JPY 81.22 compared to JPY 83.46 a year ago.
The company proposed dividend guidance for the full year ended February 28, 2015. The company expects to pay the dividend of JPY 25.00 per share compared to JPY 25.00 per share a year ago.
For the full year ended February 28, 2015, the company expects net sales of JPY 57,500 million, operating income of JPY 8,500 million, ordinary income of JPY 8,500 million, net income of JPY 5,200 million or JPY 99.99 per share.
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, 2014; Proposes Dividend and Consolidated Earnings Guidance for the Full Year Ended February 28, 2015