SRG Takamiya Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2016; Announces Dividend for the Second Quarter of the Year Ending March 31, 2017, Payable on December 09, 2016; Provides Earnings and Dividend Guidance for the Year Ending March 31, 2017
November 07, 2016
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SRG Takamiya Co., Ltd. announced consolidated earnings results for the six months ended September 30, 2016. For the quarter, the group reported net sales of ¥17,520 million, operating income of ¥966 million, ordinary income of ¥740 million and profit attributable to owners of the parent of ¥420 million or ¥9.36 per diluted share compared to net sales of ¥16,802 million, operating income of ¥1,125 million, ordinary income of ¥1,133 million and profit attributable to owners of the parent of ¥684 million or ¥14.73 per diluted share reported in the same period last year. Profit before income taxes was ¥730,563,000 against ¥1,144,557,000 reported last year. Net cash used in operating activities of ¥42,017,000 against net cash used in operating activities of ¥791,233,000 a year ago. Purchase of property, plant and equipment was ¥713,836,000 against ¥868,725,000 a year ago. Purchase of intangible assets was ¥22,574,000 against ¥39,229,000 a year ago. Purchase of investment securities was ¥71,130,000 against ¥1,892,000 a year ago.
For the second quarter of the year ending March 31, 2017, the company announced a dividend of ¥3.50 per share, payable on SRG Takamiya Co., Ltd. announced consolidated earnings results for the six months ended September 30, 2016. For the quarter, the group reported net sales of ¥17,520 million, operating income of ¥966 million, ordinary income of ¥740 million and profit attributable to owners of the parent of ¥420 million or ¥9.36 per diluted share compared to net sales of ¥16,802 million, operating income of ¥1,125 million, ordinary income of ¥1,133 million and profit attributable to owners of the parent of ¥684 million or ¥14.73 per diluted share reported in the same period last year. Profit before income taxes was ¥730,563,000 against ¥1,144,557,000 reported last year. Net cash used in operating activities of ¥42,017,000 against net cash used in operating activities of ¥791,233,000 a year ago. Purchase of property, plant and equipment was ¥713,836,000 against ¥868,725,000 a year ago. Purchase of intangible assets was ¥22,574,000 against ¥39,229,000 a year ago. Purchase of investment securities was ¥71,130,000 against ¥1,892,000 a year ago.
For the second quarter of the year ending March 31, 2017, the company announced a dividend of ¥3.50 per share, payable on December 09, 2016.
For the year ending March 31, 2017, the group expected to report net sales of ¥38,800 million, operating income of ¥3,380 million, ordinary income of ¥3,100 million and profit attributable to owners of the parent of ¥1,950 million or ¥44.60 per share.
For the year ending March 31, 2017, the group expects to pay a dividend of ¥6.50 per share.
Takamiya Co., Ltd., formerly SRG TAKAMIYA CO., LTD., is a Japan-based company principally engaged in the development, production, sales and rental of temporary machinery and materials for construction use. The temporary materials of the Company include exterior scaffoldings, false work materials, hanging scaffoldings, forming materials, safety and curing materials, as well as temporary roof materials, among others. The Company operates in three segments. The Sales segment is engaged in the manufacture and sales of machinery and materials for construction use. The Rental segment is engaged in the rental of machinery and materials for construction use. The Overseas segment is engaged in the sale and rental of temporary machinery and materials for construction use overseas.
SRG Takamiya Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2016; Announces Dividend for the Second Quarter of the Year Ending March 31, 2017, Payable on December 09, 2016; Provides Earnings and Dividend Guidance for the Year Ending March 31, 2017