Tadano Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Earnings Outlook for the Fiscal Year 2018; Provides Mid-Year and Year-End Dividend Outlook for the Fiscal Year 2018; Announces Year-End Dividend for the Year Ended March 31, 2018
April 27, 2018 at 02:00 am EDT
Share
Tadano Ltd. reported consolidated earnings results for the year ended March 31, 2018. For the period, the company's net sales were ¥173,703 million against ¥179,676 million a year ago. Operating income was ¥15,511 million against ¥18,484 million a year ago. Ordinary income was 14,907 million against ¥18,490 million a year ago. Income before income tax was ¥14,676 million against ¥17,342 million a year ago. Net income attributable to company was ¥9,391 million against ¥11,881 million a year ago. Capital investment for the period was ¥2,838 million.
The company announced year-end dividend of ¥13.00 per share for the year ended March 31, 2018.
For the fiscal year 2018, the company expects net sales of ¥192,000 million, operating income of ¥17,000 million, ordinary income of ¥16,500 million and net income attributable to company of ¥11,500 million. Capital investment expects at ¥17,500 million and depreciation expects at ¥3,000 million.
For the fiscal year 2018, the company expects mid-year dividend of ¥13.00 per share and year-end dividend of ¥13.00 per share.
TADANO LTD. is a Japan-based company mainly engaged in the manufacture and sale of construction machinery. The Company operates in three geological segments, including Japan segment, Europe segment and the Americas segment. The Company manufactures and sells construction cranes, which include all-terrain cranes, rough terrain cranes, truck cranes, road-rail vehicles and telescopic boom crawler cranes; vehicle-based cranes, which include cargo cranes, vehicle-hauling cranes, road-rail vehicles and others, as well as aerial vehicles, which include aerial vehicles, hole-digging construction vehicles, elevated highway and bridge checking vehicles, illuminating vehicles, road-rail vehicles and others. In addition, the Company also provides machinery parts, secondhand cars and lifters, etc.
Tadano Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Earnings Outlook for the Fiscal Year 2018; Provides Mid-Year and Year-End Dividend Outlook for the Fiscal Year 2018; Announces Year-End Dividend for the Year Ended March 31, 2018