Techmatrix Corporation Provides Dividend Guidance for the Year End of Fiscal 2017; Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017
January 30, 2017
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TechMatrix Corporation provided dividend guidance for the year end of fiscal 2017. For the year end, the company expects to pay year-end dividend of JPY 25 per share compared to JPY 20 per share paid for the same period a year ago.
The company reported consolidated earnings results for the nine months ended December 31, 2016. For the period, the company's net sales were JPY 15,689 million compared to JPY 15,079 million a year ago. Operating income was JPY 1,004 million compared to JPY 774 million a year ago. Ordinary income was JPY 986 million compared to JPY 777 million a year ago. Profit attributable to owners of parent was JPY 618 million compared to JPY 447 million a year ago. Diluted earnings per share were JPY 71.18.
The company provided earnings guidance for the year ending March 31, 2017. For the year, the company expects net sales of JPY 22,300 million, operating income of JPY 1,650 million, ordinary income of JPY 1,650 million, profit attributable to owners of parent of JPY 1,030 million and basic earnings per share of JPY 118.59.
TECHMATRIX CORPORATION is a Japan-based company engaged in the sale of software, hardware and solutions related to information technology (IT), as well as the provision of consulting and maintenance services. The Company operates in two business segments. The Information Infrastructure segment is engaged in the provision of services such as product sale services, integration, maintenance, operation, as well as monitoring for networks, security and storage. The Application Service segment is engaged in the provision of high value-added application services such as system development, application packages, cloud services (SaaS) and testing services for business solutions, software quality assurance, medical care, and customer relationship management (CRM) face-to-face markets.
Techmatrix Corporation Provides Dividend Guidance for the Year End of Fiscal 2017; Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017