Marubun Corporation Provides Dividend Guidance for the Fourth Quarter Ending March 31, 2017; Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2017
January 31, 2017 at 04:00 pm
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Marubun Corporation provided dividend guidance of ¥15.00 per share for the fourth quarter ending March 31, 2017 against ¥18.00 per share paid a year ago.
The company announced consolidated earnings results for the nine months ended December 31, 2016. For the period, the company reported net sales of ¥194,353 million against ¥219,117 million a year ago. Operating income was ¥797 million against ¥2,168 million a year ago. Ordinary income was ¥105 million against ¥2,282 million a year ago. Profit before income taxes was ¥61 million against ¥2,346 million a year ago. Loss attributable to owners of parent was ¥214 million or ¥8.22 per share against profit of ¥1,350 million or ¥51.67 per share a year ago. Net cash provided by operating activities was ¥9,863 million against ¥5,806 million a year ago. Purchase of property, plant and equipment was ¥257 million against ¥140 million a year ago. Purchase of intangible assets was ¥128 million against ¥21 million a year ago.
For the fiscal year ending March 31, 2017, the company expects net sales of ¥270,000 million, operating income of ¥1,900 million, ordinary income of ¥2,000 million and net income of ¥900 million or ¥34.44 per share.
MARUBUN CORPORATION is a Japan-based company mainly engaged in the purchase and sale of semiconductors, electronic components, electronic equipment and other domestic and foreign electronics products. The Company operates through two business segments. The Device segment is engaged in the sale of semiconductors, including analog integrated circuits (ICs), standard logic ICs, memory ICs, microprocessors, special-purpose ICs, and custom ICs, as well as electronic components such as display panels, crystal units, connectors, printed circuit boards, and modules. The Systems segment is engaged in the sale of aerospace equipment, industrial equipment, laser equipment, information and communication equipment, and medical equipment. The Company is also engaged in the provision of maintenance and technical services for electronic equipment.
Marubun Corporation Provides Dividend Guidance for the Fourth Quarter Ending March 31, 2017; Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2017
MARUBUN CORPORATION 
