WonderCorporation Announces Consolidated and Non- Consolidated Earnings Results for the Full Year Ended February 29, 2016; Announces Year End Dividend for the Fiscal 2016; Provides Year End Dividend Guidance for the Fiscal 2017; Provides Consolidated Earnings Guidance for the Full Year Ending February 29, 2016
For the full year, on non-consolidated basis, the company announced net sales of JPY 48,152 million against JPY 50,950 million a year ago. Operating income was JPY 193 million against JPY 540 million a year ago. Profit was JPY 7 million or JPY 1.47 per basic share against JPY 230 million or JPY 42.70 per basic share a year ago. Negative return on equity was 6.8% compared to 1.0% for the same period a year ago. Cash flows generated from operating activities was JPY 1,550 million compared to JPY 1,373 million for the same period a year.
The company announced year-end dividend of JPY 25.00 per share for the year ended February 29, 2016.
The company forecasts year-end dividend of JPY 25.00 per share for the fiscal year ending February 28, 2017.
The company provided consolidated earnings guidance for the full year ending February 29, 2016. For the full year, the company expects to report net sales of JPY 75,500 million, operating income of JPY 500 million, ordinary income of JPY 650 million and profit attributable to owners of parent company JPY 250 million or JPY 47.70 per basic share.