Noritake Co. Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2015; Announces Interim Dividend; Provides Dividend Guidance for the Year Ending March 31, 2016; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2016
November 05, 2015
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Noritake Co. Ltd. reported consolidated earnings results for the six months ended September 30, 2015. For the period, the company reported net sales of ¥54,004 million compared to ¥44,692 million, operating income of ¥1,366 million compared to ¥714 million, ordinary income of ¥1,979 million compared to ¥1,252 million and profit attributable to owners of parent of ¥2,394 million or ¥16.68 per share compared to ¥683 million or ¥4.73 per share for the last year. The company reported income before income taxes and non-controlling interests of ¥3,020 million compared to ¥1,191 million, net cash provided by operating activities of ¥2,622 million compared to ¥2,350 million and purchase of property, plant and equipment and intangible assets of ¥2,857 million compared to ¥2,508 million for the last year.
The company announced interim dividend of ¥3.00 per share compared to ¥3.00 per share for the last year.
The company provided dividend guidance of ¥3.00 per share compared to ¥3.00 per share for the year ending March 31, 2016.
The company provided consolidated earnings guidance for the year ending March 31, 2016. For the year, the company expected net sales of ¥110,000 million, operating income of ¥2,800 million, ordinary income of ¥3,800 million and net income of ¥3,200 million or ¥22.28 per 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. Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2015; Announces Interim Dividend; Provides Dividend Guidance for the Year Ending March 31, 2016; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2016
NORITAKE CO., LIMITED 
