Argo Graphics Inc. Reports Consolidated Earnings Results for the Year Ended March 31, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2018; Declares Year-End Dividend for the Year Ended March 31, 2017, Payable on June 16, 2017; Provides Dividend Guidance for the Second Quarter of Fiscal 2018 and Full Year Ending March 31, 2018
May 11, 2017
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Argo Graphics Inc. reported consolidated earnings results for the year ended March 31, 2017. For the year, the company reported net sales of JPY 34,847 million compared to JPY 34,026 million a year ago. Operating income was JPY 3,110 million compared to JPY 2,462 million a year ago. Ordinary income was JPY 3,381 million compared to JPY 2,719 million a year ago. Profit attributable to owners of the parent was JPY 2,110 million compared to JPY 1,663 million a year ago. Net income per diluted share was JPY 197.47 compared to JPY 155.97 a year ago. Income before income taxes was JPY 3,389.357 million compared to JPY 2,686.742 million a year ago. Net cash provided by operating activities was JPY 2,556.753 million compared to JPY 1,904.814 million a year ago. Purchase of property, plant and equipment was JPY 59.260 million compared to JPY 32.822 million a year ago. Purchase of intangible assets was JPY 48.559 million compared to JPY 2.613 million a year ago. Net assets per share were JPY 2,112.96 compared to JPY 1,975.99 a year ago.
The company provided consolidated earnings guidance for the full year ending March 31, 2018. For the full year, the company expects net sales of JPY 37,000 million, operating income of JPY 3,200 million, ordinary income of JPY 3,450 million and profit attributable to owners of parent of JPY 2,150 million or JPY 201.37 per share.
The company declared dividend for the year ended March 31, 2017. The company declared year-end dividend of JPY 36.00 per share compared to JPY 30.000 per share paid a year ago. Scheduled date to commence dividend payments is June 16, 2017.
For the second quarter of the fiscal year ending March 31, 2018, the company expects to pay a dividend of JPY 33 per share compared to JPY 30.00 paid per share for the same period last year.
For the fiscal year ending March 31, 2018, the company expects to pay a dividend of JPY 33 per share compared to JPY 36.00 paid per share for the same period last year.
ARGO GRAPHICS Inc. is a Japan-based company engaged in the product lifecycle management (PLM) business and electronic design automation (EDA) business. The PLM segment consists of PLM solution business, system building support business and hardware maintenance and other business. The PLM solution business is engaged in the provision of PLM solutions, which target at the productivity improvement in manufacturing processes. The system building support business provides system building support services for the servers and personal computer (PC) clusters of manufacturers. The hardware maintenance (HM) and other business maintains the machines provided by the PLM solution and the system building support businesses. The EDA segment sells computer aided design (CAD) systems for electronic components and micro fabrication, including large scale integrated circuits, liquid crystal displays and other flat panel displays (FPD), magnetic head and micro machine.
Argo Graphics Inc. Reports Consolidated Earnings Results for the Year Ended March 31, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2018; Declares Year-End Dividend for the Year Ended March 31, 2017, Payable on June 16, 2017; Provides Dividend Guidance for the Second Quarter of Fiscal 2018 and Full Year Ending March 31, 2018
ARGO GRAPHICS INC. 
