Yuasa Funashoku Co., Ltd. Reports Consolidated Earnings Results for the Second Quarter Ended September 30, 2015; Provides Dividend and Earnings Guidance for the Year Ending March 31, 2016
November 09, 2015 at 10:00 am
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Yuasa Funashoku Co., Ltd. expected to pay year end dividend of ¥10.00 per share for the fiscal year ending March 2016 compared to ¥10.00 per share for the same period last year.
The company reported consolidated earnings results for the second quarter ended September 30, 2015. For the period, the company reported net sales of ¥51,857 million against ¥50,950 million a year ago. Operating income was ¥849 million against ¥791 million a year ago. Ordinary income was ¥982 million against ¥1,032 million a year ago. Profit attributable to owners of parent was ¥655 million against ¥643 million a year ago. Net income per share was ¥14.57 against ¥14.30 a year ago.
For the full year ending March 31, 2016, the consolidated company expects net sales to be ¥107,000 million, operating income of ¥1,900 million, ordinary income of ¥2,100 million and profit attributable to owners of parent to be ¥1,300 million, or ¥28.91 per share.
YUASA FUNASHOKU CO., LTD. is a Japan-based company mainly engaged in the commercial business, hotel business, and real estate business. The Company operates through three business segments. The Commercial segment is mainly engaged in the wholesale of rice, flour, starch, sugar, fats and oils, feed, processed food and liquors. The Hotel segment is mainly engaged in the operation of hotels and restaurants. The Real Estate segment is mainly engaged in the real estate leasing business. The Company is also engaged in the logistics business and insurance agency business.
Yuasa Funashoku Co., Ltd. Reports Consolidated Earnings Results for the Second Quarter Ended September 30, 2015; Provides Dividend and Earnings Guidance for the Year Ending March 31, 2016