Nichidai Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2016; Provides Year End Dividend Guidance for the Year Ending March 31, 2016
The company provided earnings guidance for the fiscal year ending March 31, 2016. For the year, the company expected to report net sales of ¥14,400 million, operating income of ¥920 million, ordinary income of ¥890 million and net income of ¥580 million or ¥64 per share.
The company provided year end dividend guidance for the year ending March 31, 2016. For the period, the company expected dividend of ¥10 per share compared to ¥12 per share paid in the same period a year ago.