Noritake Co., Limited Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2018; Announces Dividend for the Fiscal Year 2018, Payable on June 8, 2018; Provides Interim and Year-End Dividend Guidance for the Fiscal Year 2019; Provides Earnings Guidance for the Semi-Annual and Full Year of for the Fiscal Year 2019
May 09, 2018
Share
Noritake Co., Limited reported consolidated and non-consolidated earnings results for the year ended March 31, 2018. For the year, the company reported consolidated net sales of JPY 117,928 million against JPY 108,808 million a year ago. Operating profit was JPY 5,097 million against JPY 3,119 million a year ago. Ordinary profit was JPY 6,992 million against JPY 4,861 million a year ago. Profit attributable to owners of parent was JPY 13,432 million against JPY 4,107 million a year ago. Basic earnings per share was JPY 935.57 against JPY 286.12 a year ago. Return on average share holders's equity was 14.6% against 5.1% a year ago. Profit before income taxes was JPY 16,187 million against JPY 5,263 million a year ago. Net cash provided by operating activities was JPY 9,684 million against JPY 9,128 million a year ago. Purchase of property, plant and equipment and intangible assets was JPY 4,349 million against JPY 3,382 million a year ago.
For the year, the company reported non-consolidated net sales of JPY 66,240 million against JPY 61,037 million a year ago. Operating profit was JPY 504 million against loss of JPY 1,018 million a year ago. Ordinary profit was JPY 2,975 million against JPY 1,128 million a year ago. Profit was JPY 10,225 million against JPY 1,773 million a year ago. Basic earnings per share was JPY 712.20 against JPY 123.53 a year ago.
For the fiscal year 2018, the company announced year-end dividend of JPY 40.00 per share against JPY 40.00 per share paid last year, payable on June 8, 2018.
For the fiscal year 2019, the company expects interim dividend of JPY 40.00 per share.
For the fiscal year 2019, the company expects year-end dividend of JPY 40.00 per share.
For the semi-annual basis of fiscal year 2019, the company expects net sales of JPY 60,500 million, operating profit of JPY 2,800 million, ordinary profit of JPY 3,700 million and profit attributable to owners of parent of JPY 3,000 million or JPY 209.06 per basic share.
For the fiscal year 2019, the company expects net sales of JPY 121,000 million, operating profit of JPY 5,300 million, ordinary profit of JPY 7,200 million and profit attributable to owners of parent of JPY 7,800 million or JPY 543.56 per basic share.
NORITAKE CO., LIMITED is a company mainly engaged in the industrial equipment, tableware, ceramics materials and engineering businesses. The Company has four business segments. The Industrial Equipment segment is engaged in the manufacture and sale of abrasive wheels, diamond tools and abrasive cloth/paper. The Ceramic Materials segment is engaged in the manufacture and sale of electronic paste, ceramic materials and parts, fluorescent display tubes, as well as dental-related products. The Engineering segment is engaged in the manufacture and sale of various industrial furnaces. The Tableware segment is mainly engaged in the manufacture and sale of china tableware.
Noritake Co., Limited Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2018; Announces Dividend for the Fiscal Year 2018, Payable on June 8, 2018; Provides Interim and Year-End Dividend Guidance for the Fiscal Year 2019; Provides Earnings Guidance for the Semi-Annual and Full Year of for the Fiscal Year 2019
NORITAKE CO., LIMITED 
