Showa Aircraft Industry Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2012; Provides Earnings Guidance for the Year Ending March 31, 2013; Declares Dividend for the Six Months Ended September 30, 2012; Provides Dividend Guidance for the Year Ending March 31, 2013
The company provided earnings guidance for the year ending March 31, 2013. For the year, the company expects net sales of JPY 22,000 million, operating income of JPY 1,500 million, recurring profit of JPY 1,200 million and net income of JPY 600 million or JPY 18.99 per share.
The company declared a dividend of JPY 3.00 per share for the six months ended September 30, 2012 compared to JPY 3.00 per share paid a year ago.
The company provided dividend guidance for the year ending March 31, 2013. For the year, the company expects to pay a year end dividend of JPY 4.00 per share compared to JPY 3.00 per share paid a year ago. The company expects to pay full year dividend of JPY 7.00 per share compared to JPY 6.00 per share paid a year ago.