Kohsoku Corporation Reports Earnings Results for the First Quarter Ended June 2014; Provides Earnings Guidance for the Second Quarter Ended September 2014 and Year Ended March 2015; Provides Dividend Guidance for the Second Quarter of March 2015 and for the Year Ending March 2015
The company also provided earnings guidance for the second quarter ended September 2014 and year ended March 2015. For the second quarter ended September 2014, the company expects net sales of JPY 36,500 million, operating income of JPY 1,450 million, ordinary income of JPY 1,550 million and a net income of JPY 955 million or JPY 45.66 per share.
For the year ended March 2015, the company expects net sales of JPY 74,000 million, operating income of JPY 3,100 million, ordinary income of JPY 3,300 million and a net income of JPY 2,040 million or JPY 97.54 per share.
The company also expects to pay a dividend of JPY 11.00 per share for the second quarter of year ending March 2015.
For the year ending March 2015, the company expects to pay a dividend of JPY 11.00 per share making annual dividend of JPY 22 per share.