SRG Takamiya Co., Ltd. Announces Dividend for the Six Months Ended September 30, 2017, Payable on December 8, 2017; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2018; Announces Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2018
November 16, 2017 at 12:00 am EST
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SRG Takamiya Co., Ltd. announced dividend of ¥4.00 per share for the second quarter ended September 30, 2017 against ¥3.50 a year ago. The dividend is payable on December 8, 2017.
The company expects year-end dividend of ¥7.00 per share for the fiscal year ending March 31, 2018 against ¥6.50 a year ago, and annual dividend of ¥11.00 per share against ¥10.00 per share a year ago.
The company announced consolidated earnings results for the six months ended September 30, 2017. For the period, the company reported net sales of ¥17,875 million, operating income of ¥804 million, ordinary income of ¥840 million and profit attributable to owners of the parent of ¥608 million or ¥13.79 per diluted share compared to 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 reported in the same period last year. Profit before income taxes was ¥838,887,000 against ¥730,563,000 reported last year. Net cash provided by operating activities of ¥535,088,000 against net cash used in operating activities of ¥42,017,000 a year ago. Purchase of property, plant and equipment was ¥426,210,000 against ¥713,836,000 a year ago. Purchase of intangible assets was ¥30,349,000 against ¥22,574,000 a year ago.
For the year ending March 31, 2018, on consolidated basis, the company expects net sales of ¥38,300 million, operating income of ¥2,850 million, ordinary income of ¥2,600 million and profit attributable to owners of the parent of ¥1,700 million or ¥39.82 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 Dividend for the Six Months Ended September 30, 2017, Payable on December 8, 2017; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2018; Announces Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2018