Krosaki Harima Corporation Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2018; Declares Dividend for the Full Year Ended March 31, 2017, Payable on June 30, 2017
For the year, on non-consolidated basis, the company reported net sales of JPY 82,399 million compared to JPY 87,220 million a year ago. Operating income was JPY 5,622 million compared to JPY 4,152 million a year ago. Ordinary income was JPY 6,785 million compared to JPY 4,988 million a year ago. Net income was JPY 4,443 million or JPY 52.69 per basic share compared to JPY 3,517 million or JPY 41.70 per basic share a year ago.
The company announced dividend for the year ended March 31, 2017. For the year, the company announced dividend of JPY 8.00 per share compared to JPY 7.00 per share a year ago. The dividend is payable on June 30, 2017.
For the year ending March 31, 2018, the company expects consolidated net sales to be JPY 118,000 million and ordinary income to be JPY 7,500 million.