DaikyoNishikawa Corporation Announces Dividend Guidance for the Year Ending March 31, 2020; Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2019.; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020
February 11, 2020
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DaikyoNishikawa Corporation announced that the company expects pay a year end dividend of JPY 15.00 per share for the full year ending March 31, 2020 against JPY 17.00 a year ago.
For the period, the company reported net sales of JPY 137,311 million against JPY 134,019 million a year ago. Operating income was JPY 6,918 million against JPY 10,648 million a year ago. Ordinary income was JPY 7,246 million against JPY 10,919 million a year ago. Profit attributable to owners of parent was JPY 4,871 million against JPY 7,798 million a year ago. Basic earnings per share were JPY 68.76 against JPY 110.07 a year ago. Diluted earnings per share were JPY 68.70 against JPY 110.02 a year ago.
For the year ending December 31, 2019, the company expects net sales of JPY 183,000 million, operating income of JPY 9,200 million, ordinary income was JPY 9,600 million, profit attributable to owners of parent of JPY 6,000 million and net income per share of JPY 84.68.
DaikyoNishikawa Corp is engaged in the manufacture and sale of automotive resin parts. The Company operates in four geographical segments: Japan, China & Korea, ASEAN, Central America & North America. The Company purchases raw materials and manufacturers automobile equipment such as instrument panels and bumpers, and housing equipment such as bus unit members. The Japan segment has two divisions. The automobile parts manufacture division is involved in the provision of automobile resin parts, the development of production equipment and jigs, and the design and manufacture of molding dies and precision jigs. The others division is involved in the provision of housing equipment, the life insurance and non-life insurance agency business. Other segments are also involved in the design and technical services for automobile parts and staffing business, in addition to the provision of resin parts for automobiles.
DaikyoNishikawa Corporation Announces Dividend Guidance for the Year Ending March 31, 2020; Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2019.; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020
DAIKYONISHIKAWA CORPORATION 
