Nichiha Corporation Announces Dividend for the Second Quarter Ended September 2017, Payable on December 1, 2017; Provides Earnings and Dividend Guidance for the Year Ending March 31, 2018; Reports Consolidated Earnings Results for the Second Quarter Ended September 2017
November 08, 2017 at 01:40 am EST
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Nichiha Corporation announced dividend for the second quarter ended September 2017. For the quarter, the company announced dividend of ¥27.50 per share against ¥21.00 per share a year ago. The dividend is payable on December 1, 2017.
For the year ending March 31, 2018, the company expects to pay dividend of ¥27.50 against ¥31.00 paid a year ago.
The company reported consolidated earnings results for the second quarter ended September 2017. For the period, the company reported net sales of ¥56,854 million against ¥57,008 million a year ago. Operating income was ¥6,681 million against ¥6,191 million a year ago. Profit attributable to owners of parent was ¥5,006 million or ¥135.17 per diluted share against ¥4,100 million or ¥110.75 per diluted share a year ago.
For the year ending March 31, 2018, the company expects consolidated net sales of ¥11,900 million, operating income of ¥13,800 million, ordinary income of ¥14,000 million, profit attributable to owners of parent of ¥10,000 million and basic earnings per share of ¥270.47.
Nichiha Corp is a company mainly engaged in the manufacture and sale of armoring materials. The armoring material business is engaged in the manufacture and sale of armoring materials and external wall materials for ceramic industry, as well as metal armoring materials and templates. The fiber board business is engaged in the manufacture and sale of fiber boards. The construction business is engaged in the operation of exterior finish works using the Company's products. The FP business is engaged in the manufacture and sale of urethane insulation panels, custom home sales and home remodeling. The others business is engaged in the operation of maintenance business, cleaning business and industrial waste business related to the product manufacturing.
Nichiha Corporation Announces Dividend for the Second Quarter Ended September 2017, Payable on December 1, 2017; Provides Earnings and Dividend Guidance for the Year Ending March 31, 2018; Reports Consolidated Earnings Results for the Second Quarter Ended September 2017