Yuki Gosei Kogyo Co., Ltd. Reports Non-Consolidated Earnings Results for the Year Ended March 31, 2016; Provides Earnings Guidance for the Second Quarter of Fiscal 2017 and Full Year Ending March 31, 2017
May 16, 2016 at 12:30 pm EDT
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Yuki Gosei Kogyo Co., Ltd. reported non-consolidated earnings results for the year ended March 31, 2016. For the period, the company reported net sales of JPY 10,576 million against JPY 10,005 million a year ago. Operating income was JPY 458 million against JPY 232 million a year ago. Ordinary income was JPY 465 million against JPY 258 million a year ago. Net income was JPY 350 million against JPY 330 million a year ago. Net income per share was JPY 16.07 against JPY 15.12 a year ago. Return on equity was 3.3% against 3.2% a year ago. Cash flows from operating activities were JPY 590 million against JPY 1,384 million a year ago. Net assets per share were JPY 483.66 against JPY 476.08 a year ago.
For the second quarter of 2017, the company expects net sales of JPY 5,200 million, operating income is expected to be JPY 200 million, ordinary income was JPY 180 million, net income of JPY 130 million or net income per share of JPY 5.96.
For the year ending March 31, 2017, the company expects net sales of JPY 10,700 million, operating income is expected to be JPY 500 million, ordinary income was JPY 480 million, net income of JPY 310 million or net income per share of JPY 14.20.
Yuki Gosei Kogyo Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of amino acids, chemicals and pharmaceuticals. The amino acids business is involved in the manufacture and sale of amino acids and vitamin ingredients. The chemical products business in involved in the manufacture and sale of the tire cord adhesive raw materials, agricultural chemical intermediates, silicon compounds and other products. The pharmaceuticals business is involved in the manufacture and sale of the pharmaceutical raw materials and intermediates. The commission of manufacture operation business is involved in the contract for manufacture operations through subsidiaries. The Company is also involved in the manufacture and sale of foods, food additives, feed additives, fragrances, and cosmetics, as well as the sale of the related raw materials and products.
Yuki Gosei Kogyo Co., Ltd. Reports Non-Consolidated Earnings Results for the Year Ended March 31, 2016; Provides Earnings Guidance for the Second Quarter of Fiscal 2017 and Full Year Ending March 31, 2017