Fancl Corporation Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2017; Provides Earnings Guidance for the Six Months Ending September 30, 2017 and Full Year Ending March 31, 2018; Provides Dividend Guidance for the Six Months Ending September 30, 2017 and Full Year Ending March 31, 2018; Announces Dividend for the Full Year Ended March 31, 2017, Payable on June 19, 2017
For the full year, on a non-consolidated basis, the company reported net sales of JPY 68,036 million compared to JPY 62,065 million a year ago. Operating loss was JPY 1,624 million compared to operating income of JPY 629 million a year ago. Ordinary income was JPY 344 million compared to JPY 1,031 million a year ago. Net income was JPY 3,752 million compared to JPY 390 million a year ago. Fully diluted earnings per share were JPY 58.99 compared to JPY 6.14 a year ago. Net assets per share were JPY 908.87.
The company provided earnings guidance for the six months ending September 30, 2017 and full year ending of March 31, 2018. For the six months ending of September 30, 2017, the company expects net sales to be of JPY 49,750 million. Operating income expected to be of JPY 1,500 million. Ordinary income expected to be of JPY 1,550 million. Profit attributable to owners of parent expected to be of JPY 900 million. Net income per share expected to be of JPY 14.29.
For the full year ending of March 31, 2018, the company expects net sales to be of JPY 105,000 million. Operating income expected to be of JPY 6,000 million. Ordinary income expected to be of JPY 6,100 million. Profit attributable to owners of parent expected to be of JPY 4,000 million. Net income per share expected to be of JPY 63.50.
The company provided dividend guidance for the six months ending of September 30, 2017 and full year ending of March 31, 2018. For the six months ending of September 30, 2017, the company provided dividend guidance of JPY 29.00 per share compared to JPY 29.00 per share a year ago.
For the full year ending March 31, 2018, the company provided dividend guidance of JPY 29.00 per share compared to JPY 29.00 per share a year ago.
For the full year ended March 31, 2017, the company announced the dividend of JPY 29.00 per share compared to JPY 17.00 per share a year ago. The dividends will be payable on June 19, 2017.