SRG Takamiya Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the Six Months Ending September 30, 2017 and Full Year Ending March 31, 2018; Provides Dividend Guidance Fro the Second Quarter Ending September 30, 2017 and Full Year Ending March 31, 2018
August 10, 2017 at 12:00 am EDT
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SRG Takamiya Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported net sales of JPY 8,761 million against JPY 8,142 million a year ago. Operating income was JPY 259 million against JPY 272 million a year ago. Ordinary income was JPY 269 million against JPY 92 million a year ago. Profit attributable to owners of parent was JPY 202 million against loss attributable to owners of parent of JPY 37 million a year ago. Profit per share was JPY 4.74 against loss per share of JPY 0.86 a year ago. Profit before income taxes was JPY 267,493 million against JPY 92,536 million a year ago. Net assets per share were JPY 283.95 as on June 30, 2017.
The company provided consolidated earnings guidance for the six months ending September 30, 2017 and full year ending March 31, 2018. For the six months, the company expects net sales of JPY 18,280 million, operating income of JPY 900 million, ordinary income of JPY 770 million, profit attributable to owners of parent of JPY 490 million or JPY 11.48 per share.
For the full year, the company expects net sales of JPY 38,300 million, operating income of JPY 2,850 million, ordinary income of JPY 2,600 million, profit attributable to owners of parent of JPY 1,700 million or JPY 39.82 per share.
For the second quarter, the company plans to pay dividend of JPY 4.00 per share against JPY 3.50 per share a year ago.
For the year ending March 31, 2018, the company plans to pay dividend of JPY 7.00 per share against JPY 6.50 per share 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. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the Six Months Ending September 30, 2017 and Full Year Ending March 31, 2018; Provides Dividend Guidance Fro the Second Quarter Ending September 30, 2017 and Full Year Ending March 31, 2018