Daikoku Denki Co., Ltd. Announces Unaudited Consolidated Earnings Results for the Third Quarter Ended December 31, 2016; Provides Earnings Guidance for the Year Ending December 31, 2017; Provides Dividend Guidance for the Year Ending December 31, 2017
February 16, 2017
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Daikoku Denki Co., Ltd. announced unaudited consolidated earnings results for the third quarter ended December 31, 2016. For the quarter, the company reported net sales were ¥33,396 million against net sales of ¥38,931 million a year ago. Operating income was ¥1,751 million against operating income of ¥1,546 million a year ago. Profit attributable to owners of parent was ¥1,216 million against profit attributable to owners of parent of ¥632 million a year ago. Net income per share was ¥82.26 against net income per share of ¥42.81 a year ago.
For the year ending December 31, 2017, the company expects net sales to be ¥41,000 million. Operating income to be ¥300 million. Net income to be ¥200 million or ¥13.53 per share.
For the year ending December 31, 2017, the company expects to pay ¥40.00 per share against ¥40.00 per share a year ago.
DAIKOKU DENKI CO., LTD. is a Japan-based company primarily engaged in the development, manufacturing and sales of computer systems targeting at pachinko (Japanese pinball) halls and components. The Company operates in two business segments. The Information Systems segment is engaged in the development, manufacturing and sales of computer systems for pachinko parlor, prize customer management system, and information disclosure system. The Control Systems segment is engaged in the development, manufacturing, and sales of display units and control units for pachinko machine machines; planning, development, manufacturing and sales of pachi-slot machines, as well as sales of parts used for game machines.
Daikoku Denki Co., Ltd. Announces Unaudited Consolidated Earnings Results for the Third Quarter Ended December 31, 2016; Provides Earnings Guidance for the Year Ending December 31, 2017; Provides Dividend Guidance for the Year Ending December 31, 2017