Isewan Terminal Service Co.,Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2016; Provides Earnings Guidance for the Six Months Ending September 30, 2016 and Year Ending March 31, 2017; Announces Dividend for the Year Ended March 31, 2016, Expects to Pay from June 30, 2016 and Provides Dividend Guidance for the Six Months Ending September 30, 2016 and Year Ending March 31, 2017
May 11, 2016
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Isewan Terminal Service Co.,Ltd. reported consolidated earnings results for the year ended March 31, 2016. For the period, the company's net sales were ¥46,351,923,000 against ¥46,486,957,000 a year ago. Operating income was ¥1,996,322,000 against ¥1,688,618,000 a year ago. Profit before income taxes was ¥2,123,950,000 against ¥2,250,757,000 a year ago. Profit was ¥1,135,466,000 against ¥1,396,997,000 a year ago. Profit attributable to owners of parent was ¥1,229,517,000 against ¥1,243,152,000 a year ago. Net cash provided by operating activities was ¥2,410,185,000 against ¥1,926,036,000 a year ago. Purchase of property, plant and equipment was ¥3,442,948,000 against ¥1,255,875,000 a year ago.
For the six months ending September 30, 2016, the company expects net sales to be ¥23,000 million, operating income to be ¥900 million and profit attributable to owners of parent to be ¥650 million or ¥26.21 per share.
For the year ending March 31, 2017, the company expects net sales to be ¥47,000 million, operating income to be ¥2,050 million and profit attributable to owners of parent to be ¥1,400 million or ¥56.45 per share.
For the year ending March 31, 2016, the company announced to pay dividend of ¥11.00 per share against ¥11.00 per share in 2015. The scheduled date to commence dividend payments will be June 30, 2016.
For the second quarter ending September 30, 2016, the company expects to pay dividend of ¥11.00 per share against ¥11.00 per share in 2015.
For the year ending March 31, 2017, the company expects to pay dividend of ¥11.00 per share against ¥11.00 per share in 2016.
ISEWAN TERMINAL SERVICE CO.,LTD. is a Japan-based company mainly engaged in the logistics business. It provides eight kinds of services. The port transportation business provides general port transportation business, port cargo handling business and barge transportation business. The warehousing business stores and loads cargo. The freight forwarding business uses shipping companies, air carriers or truck carriers to transport goods. The customs brokerage business acts on behalf of clients for customs clearance procedures of import and export cargo. The air transport agency business handles international air cargo, issues air waybills, and performs incidental services on behalf of airlines. The packing business packs export cargo. The municipal waste and industrial waste transport and recycling business is engaged in the transportation, intermediate treatment and recycling of general and industrial wastes. The general lorry transportation business uses automobiles to transport cargo.
Isewan Terminal Service Co.,Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2016; Provides Earnings Guidance for the Six Months Ending September 30, 2016 and Year Ending March 31, 2017; Announces Dividend for the Year Ended March 31, 2016, Expects to Pay from June 30, 2016 and Provides Dividend Guidance for the Six Months Ending September 30, 2016 and Year Ending March 31, 2017