Yamazen Corporation Announces Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2018; Announces Dividend for the Second Quarter Ended September 30, 2017; Provides Dividend Forecast for the Fiscal Year Ending March 31, 2018
November 07, 2017
Share
Yamazen Corporation announced consolidated earnings results for the six months ended September 30, 2017. For the period, the company reported Net Sales were ¥239,139 million against ¥208,335 million a year ago. Operating profit was ¥6,647 million against ¥5,132 million a year ago. Ordinary profit was ¥6,554 million against ¥5,105 million a year ago. Profit attributable to owners of parent was ¥4,454 million against ¥3,379 million a year ago. Earnings per share was ¥47.02 against ¥36.03 a year ago. Net cash used in operating activities was ¥318 million against net cash provided by operating activities of ¥27 million a year ago. Purchase of property, plant and equipment and was ¥448 million against ¥775 million a year ago.
Provides earnings guidance for the full year ending March 31, 2018. The company reported net sales of ¥480,000 million. Operating profit of ¥14,000 million. Ordinary profit of ¥14,300 million. Profit attributable to owners of parent of ¥9,300 million. Earnings per share of ¥99.15.
The company announced dividend for the second quarter ended September 30, 2017. The company announced dividend of ¥13 against ¥13.5 in the same period a year ago.
The company provides dividend forecast for the fiscal year ending March 31, 2018. For the fiscal year, the company forecast dividend of ¥17 per share.
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 Announces Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2018; Announces Dividend for the Second Quarter Ended September 30, 2017; Provides Dividend Forecast for the Fiscal Year Ending March 31, 2018
YAMAZEN CORPORATION 
