Nihon Dempa Kogyo Co., Ltd. Reports Consolidated Earnings Results for Full Year Ended March 31, 2014; Provides Earnings Guidance for the Six Months Ending September 30, 2014 and Full Year Ending March 31, 2015; Declares Year End Dividend, Payable on June 23, 2014; Provides Dividend Guidance for the Full Year Ending March 31, 2015
May 11, 2014
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Nihon Dempa Kogyo Co., Ltd. reported consolidated earnings results for full year ended March 31, 2014. For the period, the company's net sales were ¥50,774 million against ¥50,623 million a year ago. Operating income was ¥240 million against ¥235 million a year ago. Income before tax was ¥191 million against loss of ¥37 million a year ago. Net income was ¥181 million against net loss of ¥289 million a year ago. Net income attributable to owners of the parent was ¥181 million against net loss of ¥289 million a year ago. Basic EPS was ¥9.25 against ¥14.75 a year ago. Net cash provided by operating activities was ¥3,220 million against ¥3,666 million a year ago. Purchase of property, plant and equipment was ¥2,631 million against ¥5,699 million a year ago. Purchase of intangible assets was ¥151 million against ¥108 million a year ago.
The company provided earnings guidance for the six months ending September 30, 2014 and full year ending March 31, 2015. For the six months, the company expects net sales of ¥24,800 million, operating income of ¥370 million, income before tax of ¥270 million and net income attributable to owners of the parent of ¥240 million or ¥12.23 per basic share.
For the year ending March 31, 2014, the company expects net sales of ¥51,000 million, operating income of ¥1,500 million, income before tax of ¥1,300 million and net income attributable to owners of the parent of ¥1,200 million or ¥61.14 per basic share.
For the year end, the company announced dividend of ¥10.00 per share compared to year end dividend of ¥10.00 per share for the same period a year ago. The dividend is payable on June 23, 2014.
The company provided dividend guidance for the full year ending March 31, 2015. For the year, the company expects to pay dividend for the second quarter of ¥10.00 per share and dividend for the year end of ¥10.00 per share for the same period a year ago.
NIHON DEMPA KOGYO CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of crystal devices, such as crystal oscillators (XOs) and crystal equipment, as well as crystal-related products, such as application equipment, artificial crystals and crystal blanks. The Company offers crystal oscillators and crystal equipment in North America, Southeast Asia, Europe, China and other markets. The Company is also enagegd in the manufacture and sale of other application equipment, crystals and crystal blanks in domestic and overseas markets.
Nihon Dempa Kogyo Co., Ltd. Reports Consolidated Earnings Results for Full Year Ended March 31, 2014; Provides Earnings Guidance for the Six Months Ending September 30, 2014 and Full Year Ending March 31, 2015; Declares Year End Dividend, Payable on June 23, 2014; Provides Dividend Guidance for the Full Year Ending March 31, 2015