Hikari Tsushin, Inc. Reports Consolidated Financial Results for the Six Months Quarter Ended September 30, 2014; Announces Dividend for the Second Quarter of Fiscal 2015; Provides Dividend Guidance for the Third Quarter and Fourth Quarter of Fiscal 2015; Provides Earnings Guidance for the Year Ending March 31, 2015
November 09, 2014
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Hikari Tsushin, Inc. reported consolidated financial results for the six months quarter ended September 30, 2014. For the period, the company reported operating income of ¥12,649 million, net income before tax of ¥23,615 million and net income of ¥12,110 million or ¥262.13 per diluted share on net sales of ¥249,034 million against operating income of ¥15,731 million, net income before tax of ¥27,082 million and net income of ¥17,773 million or ¥371.36 per diluted share on net sales of ¥256,367 million for the same quarter of last year. Cash flow from operations was ¥11,127 million against ¥17,641 million a year ago. Purchase of property, plant and equipment and intangible assets was ¥2,061 million against ¥3,294 million a year ago.
For the year ending March 31, 2015, the company expects operating income of ¥36,000 million, ordinary income of ¥38,000 million and net income of ¥22,000 million or ¥476.19 per share on net sales of ¥580,000 million.
The company expects to pay dividend of ¥40 per share at the end of the third quarter, fourth quarter of fiscal 2015.
The company announced dividend of ¥40 per share at the end of the second quarter of fiscal 2015 against ¥40 per share announced in previous quarter.
Hikari Tsushin Inc is a holding company mainly engaged in the corporate service business, personal service business, and agency sales business. The Company operates through three business segments. The Corporate Service segment is engaged in the sale of products planned and developed in-house, such as communication line services, electric power, and various systems, to small and medium-sized enterprises. The Personal Service segment mainly sells products planned and developed in-house, such as communication line services and home water distribution, to individuals. The Agency Sales segment is engaged in the sale of various products such as telecommunications carriers, insurance companies, and manufacturers.
Hikari Tsushin, Inc. Reports Consolidated Financial Results for the Six Months Quarter Ended September 30, 2014; Announces Dividend for the Second Quarter of Fiscal 2015; Provides Dividend Guidance for the Third Quarter and Fourth Quarter of Fiscal 2015; Provides Earnings Guidance for the Year Ending March 31, 2015