Riso Kagaku Corporation Announces Consolidated Earnings Results for Nine Months Ended December 31, 2013; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2014; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2014
January 30, 2014
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Riso Kagaku Corporation announced consolidated earnings results for nine months ended December 31, 2013. For the period, the company reported net sales of ¥59,052 million, operating income of ¥3,220 million, ordinary income of ¥3,809 million, income before income taxes and minority interests of ¥3,854 million and net income of ¥2,327 million or ¥105.79 per share compared to the net sales of ¥52,917 million, operating income of ¥2,875 million, ordinary income of ¥3,241 million, income before income taxes and minority interests of ¥3,162 million, net income of ¥2,020 million or ¥85.90 per share for the same period a year ago.
For the fiscal year ending March 31, 2014, the company expects year end dividend of ¥60.00 per share compared to the dividend of ¥55.00 per share paid in the previous year.
For the fiscal year ending March 31, 2014, the company now expects net sales of ¥82,000 million, operating income of ¥5,700 million, ordinary income of ¥5,950 million, net income of ¥3,850 million and net income per share of ¥176.27.