Nihon M&A Center Inc. Provides Year-End Dividend Guidance for the Year Ending March 31, 2017; Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2016; Provides Consolidated Earnings Guidance for the Fourth Quarter Ending March 2017
January 30, 2017 at 03:00 pm
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Nihon M&A Center Inc. expected to pay a year-end dividend of JPY 13.50 per share for the year ending March 31, 2017 against JPY 30.00 per share for the same period a year ago.
The company reported consolidated earnings results for the third quarter ended December 31, 2016. For the quarter, the company reported net sales of JPY 14,997 million against JPY 11,278 million a year ago. Operating income was JPY 7,658 million against JPY 5,790 million a year ago. Ordinary income was JPY 7,695 million against JPY 5,927 million a year ago. Profit attributable to owners of parent was JPY 5,263 million against JPY 3,941 million a year ago. Diluted net income per share was JPY 64.61 against JPY 48.26 a year ago.
For the fourth quarter ending March 2017, the company expects net sales of JPY 16,880 million, operating income of JPY 8,000 million, ordinary income of JPY 8,000 million and profit attributable to owners of parent of JPY 5,430 million or JPY 67.35 net income per basic share.
Nihon M&A Center Holdings Inc, formerly Nihon M&A Center Inc, is a Japan-based company principally involved in the merger and acquisition (M&A) brokerage business. The Company mainly works on projects of small and medium-sized enterprises in Japan. The Company mainly operates M&A brokerage business. The flow of the M&A brokerage business includes marketing, contracting of the transferring company, evaluation of the transferring companies, proposal to the buyer companies, various negotiations and adjustment of contracts. Other businesses include the operation of membership organizations (membership fee income) of regional M&A centers operated by accounting offices in each region.
Nihon M&A Center Inc. Provides Year-End Dividend Guidance for the Year Ending March 31, 2017; Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2016; Provides Consolidated Earnings Guidance for the Fourth Quarter Ending March 2017
NIHON M&A CENTER HOLDINGS INC. 
