Waida Mfg. Co., Ltd. Announces Consolidated Earnings Results for the First Half Ended September 30, 2015; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2016; Announces Dividend for the Second Quarter of Fiscal Year Ending March 31, 2016, Payable on December 7, 2015; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2016
November 05, 2015
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Waida Mfg. Co., Ltd. announced consolidated earnings results for the first half ended September 30, 2015. For the period, the company reported net sales of JPY 2,868 million against JPY 2,382 million a year ago. Operating income was JPY 419 million against JPY 129 million a year ago. Ordinary income was JPY 431 million against JPY 140 million a year ago. Net income attributable to owners of parent was JPY 280 million or JPY 43.62 per share against JPY 106 million or JPY 16.63 per share a year ago.
The company provides earnings guidance for the fiscal year ending March 31, 2016. For the period, the company expects net sales of JPY 6,220 million, operating income of JPY 871 million, ordinary income of JPY 883 million and net income attributable to owners of parent of JPY 538 million or JPY 83.78 per share.
The company announced dividend for the second quarter of fiscal year ending March 31, 2016. The dividend of JPY 10.00 is payable on December 7, 2015.
The company expects dividend of JPY 10.00 for the fiscal year ending March 31, 2016 against JPY 8.00 paid a year ago.
WAIDA MFG. CO., LTD. is a Japan-based company engaged in the development, manufacture and sale of computer numeric control (CNC) grinders for mold and cutting tool related companies. The Company manufactures precision machines by precision machine tool technology, grinding technology and control technology. Its main products include mold-related grinders, such as molding grinders and jig grinders; cutting tool-related grinders, such as insert periphery grinders and axial tool grinders, as well as other metal processing machines and attached equipment. In addition, the Company is also engaged in the provision of after-sales services for various grinders and attached equipment, the sale of components, as well as the overhaul of its products.
Waida Mfg. Co., Ltd. Announces Consolidated Earnings Results for the First Half Ended September 30, 2015; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2016; Announces Dividend for the Second Quarter of Fiscal Year Ending March 31, 2016, Payable on December 7, 2015; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2016
WAIDA MFG. CO.,LTD. 
