Yamashin-Filter Corp. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Dividend Guidance for the Second Quarter End of 2018, and Fiscal Year Ending March 31, 2018; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018
August 03, 2017
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Yamashin-Filter CORP. announced consolidated earnings results for the first quarter ended June 30, 2017. For the first quarter, the company reported net sales of JPY 3,072 million, operating income of JPY 512 million, ordinary income of JPY 490 million, net income attributable to owners of parent of JPY 355 million or net income per share of JPY 28.59 compared to net sales of JPY 2,347 million, operating income of JPY 192 million, ordinary income of JPY 195 million, net income attributable to owners of parent of JPY 159 million or net income per share of JPY 12.85 for the same period a year ago.
The company expects to pay a second quarter end dividend of JPY 7.00 per share, compared with JPY 5.00 per share paid for the same period a year ago.
The company expects to pay a year-end dividend of JPY 7.00 per share for the fiscal year ending March 31, 2018, JPY 7.00 per share paid for the year ended March 31, 2017.
For the full year of fiscal year ending March 31, 2018, the company expects to report consolidated net sales of JPY 11,090 million, operating income of JPY 980 million, ordinary income of JPY 970 million, net income attributable to owners of parent of JPY 660 million or net income per share of JPY 53.06.
Yamashin-Filter Corp is mainly engaged in the development, manufacture, and sale of filter products for construction machinery, air filter products, and healthcare-related products such as masks for home use. The Company operates its business through three segments. The Construction Machinery Filter segment mainly develops, manufactures, and sells filters for construction machinery, industrial use, and process use. The Air Filter segment mainly develops, manufactures, and sells air filters. The Healthcare segment mainly develops, manufactures, and sells Yamashin original masks that utilize synthetic polymer-based nanofibers.
Yamashin-Filter Corp. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Dividend Guidance for the Second Quarter End of 2018, and Fiscal Year Ending March 31, 2018; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018