Ad-Sol Nissin Corporation Announces Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2018; Declares Dividend for the Second Quarter of Fiscal Year Ending March 31, 2018, Payable on December 1, 2017; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2018
November 07, 2017 at 12:48 pm
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Ad-Sol Nissin Corporation announced earnings results for the six months ended September 30, 2017. For the six months, the company reported net sales of JPY 5,397 million compared to JPY 5,730 million a year ago. Operating income was JPY 402 million compared to JPY 445 million a year ago. Ordinary income was JPY 418 million compared to JPY 451 million a year ago. Net income was JPY 283 million or JPY 30.33 per diluted share compared to JPY 310 million or JPY 33.75 per diluted share a year ago.
The company provided earnings guidance for the fiscal year ending March 31, 2018. For the year, the company expects net sales of JPY 11,700 million, operating income of JPY 800 million, ordinary income of JPY 808 million and net income of JPY 470 million or JPY 52.32 per share.
For the second quarter of fiscal year ending March 31, 2018, the company declared dividend of JPY 10.00 per share compared to JPY 18.00 per share a year ago. The dividend is payable on December 1, 2017.
The company provided dividend guidance for the fiscal year ending March 31, 2018. For the year, the company expects to pay a dividend of JPY 10.00 per share compared to JPY 11.00 a year ago.
Ad-Sol Nissin Corporation is primarily engaged in development of information systems and provision of solutions. The Company operates in two segments. The Social System segment provides total solutions for device control and credit related to social infrastructures such as core systems of social infrastructure companies, energy (electricity, gas), railway, aviation, communications, disaster prevention, plant, geographical information and others. The IoT system segment, based on OS kernel technology, device and driver development, the Company develops embedded software that combines know-how and security, provides solutions in fields such as electric communication, security and consulting, short distance wireless communication, location information and others, centering on security, energy, environment, medical care, factory and others.
Ad-Sol Nissin Corporation Announces Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2018; Declares Dividend for the Second Quarter of Fiscal Year Ending March 31, 2018, Payable on December 1, 2017; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2018
AD-SOL NISSIN CORPORATION 
