Sotsu Co.,Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended August 31, 2016; Declares Dividend for the Year Ended August 31, 2016, Payable on November 28, 2016; Provides Dividend Guidance for the Six Months Ending February 28, 2017 and Full Year Ending August 31, 2017; Provides Consolidated and Non-Consolidated Earnings Guidance for the Six Months Ending February 28, 2017 and Full Year Ending August 31, 2017
For the year ended August 31, 2016, the company declared dividend of ¥20.00 per share against ¥20.00 per share a year ago. Dividend is payable on November 28, 2016.
For the six months ending February 28, 2017, the company expects to pay dividend of ¥15.00 per share against ¥15.00 per share a year ago.
For the year ending August 31, 2017, the company expects to pay dividend of ¥20.00 per share against ¥20.00 per share a year ago.
For the six months ending February 28, 2017, on consolidated basis, the company expects to net sales of ¥9,000 million, operating income of ¥1,490 million, ordinary income of ¥1,500 million, profit attributable to owners of parent of ¥960 million or ¥65.42 per share.
For the year ending August 31, 2017, on consolidated basis, the company expects to net sales of ¥21,000 million, operating income of ¥3,150 million, ordinary income of ¥3,150 million, profit attributable to owners of parent of ¥2,060 million or ¥140.38 per share.
For the period, on non-consolidated basis, the company reported net sales of ¥21,391 million against ¥21,833 million a year ago. Operating income was ¥2,961 million against ¥2,883 million a year ago. Ordinary income was ¥3,020 million against ¥2,923 million a year ago. Profit was ¥2,034 million against ¥1,860 million a year ago. Earnings per share were ¥138.65 against ¥122.57 a year ago. Income before income taxes and minority interests was ¥2,799,816 million against ¥2,644,395 million a year ago.
For the six months ending February 28, 2017, on non-consolidated basis, the company expects to net sales of ¥8,300 million, ordinary income of ¥1,335 million, profit of ¥880 million or ¥59.97 per share.
For the year ending August 31, 2017, on non-consolidated basis, the company expects to net sales of ¥19,500 million, ordinary income of ¥2,700 million, profit of ¥1,800 million or ¥122.66 per share.