Otsuka Kagu, Ltd. Reports Non-Consolidated Earnings Results for the Year Ended December 31, 2017; Announces Dividend for the Year 2017, Payable March 27, 2018 and Provides Dividend Guidance for the Year 2018; Provides Earnings Guidance for the Year Six Months and Year of 2018
The company announced dividend of ¥40.00 per share for the year 2017, payable March 27, 2018 compared to ¥80.00 per share paid in last year.
The company provided dividend guidance of ¥10.00 per share for the year 2018 compared to ¥40.00 per share announced in 2017.
The company provided earnings guidance for the year six months and year of 2018. For the six months ending June 30, 2018, the company expected net sales of ¥21,687 million, operating loss of ¥830 million, ordinary loss of ¥816 million and profit of ¥470 million or ¥26.58 per basic share.
For the year ending December 31, 2018, the company expected net sales of ¥45,663 million, operating income of ¥200 million, ordinary income of ¥150 million and profit of ¥1,390 million or ¥78.62 per basic share.