Ichikoh Industries, Ltd Announces Consolidated Earnings Results for Six Months Ended September 30, 2017; Provides Earnings Guidance for the Period from April 1, 2017 to December 31, 2017; Declares Dividend Second Quarter of Fiscal 2017, Payable December 5, 2017; Provides Dividend Guidance for 2017
November 06, 2017
Share
Ichikoh Industries, Ltd. announced consolidated earnings results for six months ended September 30, 2017. For the period, the company reported net sales of ¥60,571 million, operating income of ¥2,316 million, ordinary income of ¥2,773 million, profit attributable to owners of parent of ¥2,212 million, diluted net income per share of ¥23.03 income before income taxes of ¥2,725 million, compared to the net sales of ¥50,874 million, operating income of ¥1,110 million, ordinary income of ¥1,055 million, profit attributable to owners of parent of ¥1,261 million, diluted net income per share of ¥13.15 income before income taxes of ¥843 million, for the same period a year ago.
For the period from April 1, 2017 to December 31, 2017, the company expected net sales of ¥90,900 million, operating income of ¥3,800 million, ordinary income of ¥4,300 million, profit attributable to owners of parent of ¥3,700 million, diluted net income per share of ¥38.54.
For the second quarter of fiscal 2017, the company announced dividend of ¥2.50 per share payable December 5, 2017 compared with ¥1.50 per share for the same period last year
For fiscal 2017, the company expected dividend of ¥1.50 per share compared with ¥2.50 per share for the same period last year.
ICHIKOH INDUSTRIES, LTD. is a Japan-based company mainly engaged in the manufacture and sale of automobile components. The Company operates in two business segments. The Automotive Parts business segment is mainly engaged in manufacture and sales of automotive lighting products and mirror products to automobile manufacturers. The Supplies business segment is engaged in manufacture and sales of automotive valves and wipers mainly for the aftermarket.
Ichikoh Industries, Ltd Announces Consolidated Earnings Results for Six Months Ended September 30, 2017; Provides Earnings Guidance for the Period from April 1, 2017 to December 31, 2017; Declares Dividend Second Quarter of Fiscal 2017, Payable December 5, 2017; Provides Dividend Guidance for 2017