YAMAZEN CORPORATION Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the Six Months Ending September 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018; Provides Dividend Guidance for the Second Quarter Ending September 30, 2017; Provides Dividend Guidance for the Year Ending March 31, 2018
August 08, 2017
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YAMAZEN CORPORATION reported consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported net sales of ¥113,097 million against ¥100,654 million a year ago. Operating income was ¥2,707 million against ¥2,107 million a year ago. Ordinary income was ¥2,690 million against ¥2,119 million a year ago. Profit attributable to owners of the parent was ¥1,746 million or ¥18.42 per share against ¥1,380 million or ¥14.71 per share a year ago. Profit before income taxes was ¥2,693 million against ¥2,182 million a year ago.
For the six months ending September 30, 2017, the company expects net sales of ¥230,000 million, operating income of ¥6,200 million, ordinary income of ¥6,300 million and profit attributable to owners of the parent was ¥4,200 million or ¥44.78 per share.
For the year ending March 31, 2018, the company expects net sales of ¥480,000 million, operating income of ¥14,000 million, ordinary income of ¥14,300 million and profit attributable to owners of the parent was ¥9,300 million or ¥99.15 per share.
For the second quarter, the company expects to pay dividend of ¥13 per share against ¥13.50 per share a year ago.
For the year ending March 31, 2018, the company expects to pay dividend of ¥17 per share against ¥16.50 per share a year ago.
YAMAZEN CORPORATION is a Japan-based company engaged in the sale of production goods, home building materials and household equipment products. The Company operates in three business segments. The Production Goods segment provides the machinery business and kiko business. The machinery business is engaged in the sale, import and export of machine tools, forging and sheet metal machines, machine tool peripherals. The kiko business is engaged in the sale, import and export of materials handling, mechatronics, environmental improvement equipment, cutting tools, steel processing machinery, air conditioning equipment. The Housing segment is engaged in the sale of kitchen appliances, cooking appliances, bathroom appliances, wash basins. The Household Equipment segment is engaged in the plan, development and sale of home appliances, interior goods, leisure and sports goods, pet supplies, gardening goods. The Company also provides event planning, travel mediation, storage business.
YAMAZEN CORPORATION Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the Six Months Ending September 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018; Provides Dividend Guidance for the Second Quarter Ending September 30, 2017; Provides Dividend Guidance for the Year Ending March 31, 2018
YAMAZEN CORPORATION 