SRG Takamiya Co., Ltd. Announces Unaudited Consolidated and Unconsolidated Earnings Results for the Full Year Ended March 31, 2018; Provides Earnings Guidance for the Six Months Ending September 30, 2018 and Full Year Ending March 31, 2019; Announces Dividend for the Year Ended March 31, 2018, Payable on June 12, 2018; Provides Dividend for the End of Second Quarter Ending September 30, 2018 and Full Year Ending March 31, 2019
May 16, 2018 at 02:30 am EDT
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SRG Takamiya Co., Ltd. announced unaudited consolidated and unconsolidated earnings results for the full year ended March 31, 2018. For the year, on consolidated basis, the company reported net sales of ¥36,114,817,000 against ¥36,763,472,000 a year ago. Operating income was ¥1,690,989,000 against ¥2,429,778,000 a year ago. Ordinary income was ¥1,610,200,000 against ¥2,337,047,000 a year ago. Profit before income taxes was ¥1,782,164,000 against ¥2,324,016,000 a year ago. Profit attributable to owners of parent was ¥1,252,168,000 or ¥28.38 diluted per share against ¥1,516,020,000 or ¥34.08 diluted per share a year ago. Net cash provided by operating activities was ¥1,714,341,000 against ¥1,163,377,000 a year ago. Purchase of property, plant and equipment was ¥1,382,022,000 against ¥1,169,247,000 a year ago. Purchase of intangible assets was ¥38,127,000 against ¥29,018,000 a year ago. Profit attributable to owners of parent/equity was 9.8% against 12.6% for the same period a year ago. Ordinary income/total assets was 3.1% against 4.5% for the same period a year ago.
For the year, on unconsolidated basis, the company reported net sales of ¥28,723 million against ¥29,947 million a year ago. Operating income was ¥706 million against ¥2,005 million a year ago. Ordinary income was ¥1,014 million against ¥2,254 million a year ago. Profit was ¥3,894 million or ¥88.27 diluted per share against ¥1,668 million or ¥37.50 diluted per share a year ago. Net assets per share was ¥302.15 against ¥220.77 a year ago.
The company provided earnings guidance for the six months ending September 30, 2018 and full year ending March 31, 2019. For the six months, the company expects net sales of ¥19,500 million, operating income of ¥900 million, ordinary income of ¥780 million and profit attributable to owners of parent of ¥393 million and EPS of ¥9.17 per share.
For the year, the company expects net sales of ¥41,000 million, operating income of ¥2,500 million, ordinary income of ¥2,230 million and profit attributable to owners of parent of ¥1,333 million and EPS of ¥31.11 per share.
The company announced a dividend of ¥7.00 per share for the year ended March 31, 2018 against ¥6.50 per share paid a year ago. Scheduled date to commence dividend payments is on June 12, 2018.
The company provided dividend for the end of second quarter ending September 30, 2018 and full year ending March 31, 2019. For the end of second quarter fiscal 2019, the company expects a dividend of ¥4.00 per share against ¥4.00 per share paid a year ago.
For the year ending March 31, 2019, the company expects a dividend of ¥7.00 per share against ¥7.00 per share paid a year ago.
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 Unaudited Consolidated and Unconsolidated Earnings Results for the Full Year Ended March 31, 2018; Provides Earnings Guidance for the Six Months Ending September 30, 2018 and Full Year Ending March 31, 2019; Announces Dividend for the Year Ended March 31, 2018, Payable on June 12, 2018; Provides Dividend for the End of Second Quarter Ending September 30, 2018 and Full Year Ending March 31, 2019