Asahi Yukizai Corporation Announces Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018; Provides Dividend Guidance for the Year Ending March 31, 2018; Provides Dividend for the Six Months Ended September 30, 2017, Scheduled Date to Commence Dividend Payments is December 4, 2017
November 06, 2017
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Asahi Yukizai Corporation announced consolidated earnings results for the six months ended September 30, 2017. For the period, the company reported net sales of JPY 21,503 million against JPY 18,906 million a year ago. Operating income was JPY 1,153 million against JPY 580 million a year ago. Ordinary income was JPY 1,287 million against JPY 204 million a year ago. Profit attributable to owner of parent was JPY 976 million or JPY 50.91 per share against JPY 84 million or JPY 0.88 per share a year ago. Income before income taxes and minority interests was JPY 1,231 million against JPY 202 million a year ago.
For the year ending March 31, 2018, on consolidated basis, the company expects net sales of JPY 48,000 million, operating profit of JPY 3,000 million, ordinary profit of JPY 3,000 million and profit attributable to owners of parent of JPY 2,300 million or JPY 120.01 per share.
The company announced a dividend of JPY 4 per share for the six months ended September 30, 2017, scheduled date to commence dividend payments is December 4, 2017.
The company expects a year end dividend of JPY 20 per the share for the ending March 31, 2018.
ASAHI YUKIZAI CORPORATION is a Japan-based company mainly engaged in the development, manufacture and sale of industrial resin and plumbing equipment products. The Company operates its business through three business segments. The Pipe System segment is involved in the manufacture and sale of piping materials made of synthetic resin such as vinyl chloride, as well as the design and construction of piping works. The Resin segment manufactures and sells casting resins, resin coated sand for castings, resins for general industrial use, resins for foam materials, resins and derivatives for electronic materials, and resin molding materials. The Water Treatment & Resource Development segment is involved in the design, construction, maintenance and management of water treatment facilities, as well as the design and construction of drilling wells.
Asahi Yukizai Corporation Announces Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018; Provides Dividend Guidance for the Year Ending March 31, 2018; Provides Dividend for the Six Months Ended September 30, 2017, Scheduled Date to Commence Dividend Payments is December 4, 2017
ASAHI YUKIZAI CORPORATION 
