Ezaki Glico Co. Ltd. Provides Dividend Guidance for the Year Ending March 31, 2017; Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Reaffirms Consolidated Earnings Guidance for the Year Ending March 31, 2017
January 31, 2017 at 03:00 pm
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Ezaki Glico Co. Ltd. provided dividend guidance for the year ending March 31, 2017. For the fiscal year ending March 31, 2017, the company expects a dividend of ¥20 per share compared to ¥20.00 per share paid a year ago.
The company reported consolidated earnings results for the nine months ended December 31, 2016. Net sales were ¥271,041 million against ¥261,478 million last year. Operating income was ¥22,714 million against ¥16,861 million last year. Ordinary income was ¥24,471 million against ¥19,131 million last year. Net income attributable to owners of parent was ¥16,976 million against ¥13,803 million last year. Net income per basic share was ¥258.43 against ¥210.48 last year. Income before income taxes and minority interests was ¥24,422 million against ¥20,930 million last year.
The company reaffirmed consolidated earnings guidance for the year ending March 31, 2017. The company expects net sales of ¥358,500 million, operating income of ¥22,500 million, ordinary income of ¥23,000 million, net income attributable to parent company of ¥16,000 million and net income per share of ¥243.65.
Ezaki Glico Co., Ltd.is a Japan-based company mainly engaged in the manufacture and sale of food products. The Company operates in five business segments. Confectionery & Food segment provides chocolate, gum, biscuits, snacks, curry roux, and retort products. Frozen Confectionery segment provides ice creams and other products. Dairy Products segment provides milk beverages and Western confectionery. Food Ingredients segment provides starch and pigments. Overseas segment provides confectionery and frozen desserts in other countries. The Company is also involved in the manufacture and sale of health-related foods, the sale of confectionery in office, as well as the maintenance and development of information systems.
Ezaki Glico Co. Ltd. Provides Dividend Guidance for the Year Ending March 31, 2017; Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Reaffirms Consolidated Earnings Guidance for the Year Ending March 31, 2017