Sotsu Co.,Ltd. Reports Consolidated Earnings Results for the Six Months Ended February 28, 2014; Announces Ordinary Dividend and Special Dividend for the Second Quarter Ended February 28, 2014, Payable on May 8, 2014; Provides Dividend Guidance for the Fiscal Year Ending August 31, 2014; Provides Earnings Guidance for the Year Ending August 31, 2014
The company announced a dividend of JPY 30.00 per share for the second quarter ended February 28, 2014, the interim dividend for the six months includes ordinary dividend of JPY 15 and special dividend of JPY 15. The dividend payment will be on May 8, 2014.
The company expects to pay a fiscal year end dividend of JPY 30.00 per share for the year ending August 31, 2014. The fiscal year end dividend for the year 2014 includes ordinary dividend of JPY 15 and special dividend of JPY 15.
The company provided earnings guidance for the year ending August 31, 2014. For the year, the company expects net sales of JPY 22,000 million, operating income of JPY 3,300 million, ordinary income of JPY 3,360 million and net income of JPY 2,000 million or JPY 255.19 per share.